JADO: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JADO
Largest movements
- Tangible fixed assets -€7,660
down €7,660 (-37.5%), from €20,449 to €12,789
of which Furniture and vehicles: -€4,877
- Cash +€635
up €635 (+292.2%), from €217 to €853
mainly Other debts (+€22,539) and Depreciation (+€7,660)
- Receivables within one year -€381
down €381 (-10.3%), from €3,686 to €3,305
of which Trade receivables: -€287
- Profit (loss) carried forward -€23,700
down €23,700 (-13.7%), from -€173,283 to -€196,984
- Other debts +€22,539
up €22,539 (+76.3%), from €29,559 to €52,098
- Current portion of long-term debt -€5,709
down €5,709 (-22.2%), from €25,713 to €20,004
- Trade debts -€389
down €389 (-36.4%), from €1,067 to €678
- Gross operating margin +€20,369
up €20,369 (+59.0%), from -€34,518 to -€14,149
- Financial income -€18,478
down €18,478 (-100.0%), from €18,478 to €0
- Financial charges -€352
down €352 (-24.0%), from €1,466 to €1,114
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,352 | €16,946 | -€7,406 | -30.4% |
| Fixed assets | 21/28 | €20,449 | €12,789 | -€7,660 | -37.5% |
| Tangible fixed assets | 22/27 | €20,449 | €12,789 | -€7,660 | -37.5% |
| Plant, machinery and equipment | 23 | €4,803 | €2,020 | -€2,782 | -57.9% |
| Furniture and vehicles | 24 | €15,646 | €10,769 | -€4,877 | -31.2% |
| Current assets | 29/58 | €3,903 | €4,157 | +€254 | +6.5% |
| Amounts receivable within one year | 40/41 | €3,686 | €3,305 | -€381 | -10.3% |
| Trade receivables | 40 | €2,507 | €2,221 | -€287 | -11.4% |
| Other amounts receivable | 41 | €1,178 | €1,084 | -€94 | -8.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €217 | €853 | +€635 | +292.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €24,352 | €16,946 | -€7,406 | -30.4% |
| Equity | 10/15 | -€32,134 | -€55,834 | -€23,700 | -73.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €122,600 | €122,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €122,600 | €122,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,283 | -€196,984 | -€23,700 | -13.7% |
| Amounts payable | 17/49 | €56,486 | €72,780 | +€16,294 | +28.8% |
| Amounts payable within one year | 42/48 | €56,486 | €72,780 | +€16,294 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €25,713 | €20,004 | -€5,709 | -22.2% |
| Trade debts | 44 | €1,067 | €678 | -€389 | -36.4% |
| Suppliers | 440/4 | €1,067 | €678 | -€389 | -36.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €147 | €0 | -€147 | -100.0% |
| Taxes | 450/3 | €147 | €0 | -€147 | -100.0% |
| Other amounts payable | 47/48 | €29,559 | €52,098 | +€22,539 | +76.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,555 | €7,660 | +€105 | +1.4% |
| Other operating charges | 640/8 | €1,012 | €777 | -€235 | -23.2% |
| Gross operating margin | 9900 | -€34,518 | -€14,149 | +€20,369 | +59.0% |
| Operating profit (loss) | 9901 | -€43,085 | -€22,586 | +€20,499 | +47.6% |
| Financial income | 75/76B | €18,478 | €0 | -€18,478 | -100.0% |
| Recurring financial income | 75 | €18,478 | €0 | -€18,478 | -100.0% |
| Financial charges | 65/66B | €1,466 | €1,114 | -€352 | -24.0% |
| Recurring financial charges | 65 | €1,466 | €1,114 | -€352 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | -€26,073 | -€23,700 | +€2,373 | +9.1% |
| Income taxes | 67/77 | €8 | €0 | -€8 | -100.0% |
| Profit (loss) for the period | 9904 | -€26,081 | -€23,700 | +€2,380 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,081 | -€23,700 | +€2,380 | +9.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.