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JADO GROUP: what changed

Two financial 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.

What changed

JADO GROUP

BE 0779.928.597
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
€2,193
2022 · €16,698-€14,506
Equity
€18,891
2022 · €16,698+€2,193
Cash
€627
2022 · €341+€286
Balance sheet total
€889,146
2022 · €168,423+€720,723

Largest movements

2022 to 2023
Assets
  • Receivables within one year +€720,437

    up €720,437 (+429%), from €168,082 to €888,519

    of which Trade receivables: +€719,346

Equity and liabilities
  • Trade debts +€718,530

    up €718,530 (+474%), from €151,725 to €870,255

Income statement
  • Purchases and services +€471,989

    up €471,989 (+187%), from €251,937 to €723,926

  • Turnover +€457,483

    up €457,483 (+170%), from €268,636 to €726,119

  • Gross operating margin -€14,506

    down €14,506 (-86.9%), from €16,698 to €2,193

From the 2022 result to the 2023 result

effect on the 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.

Result 2022 €16,698
Gross operating margin -€14,506
Result 2023 €2,193
lowers the result

Derived cash bridge

cash 2022 to 2023

Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€286
Investment €0
Financing €0
Cash 2022 €341
Net result for the year +€2,193
Receivables within one year -€720,437
Trade debts +€718,530
Cash 2023 €627
brings cash intakes cash out
Every line side by side 20 lines
Line Code 2022 2023 Change %
Total assets 20/58 €168,423 €889,146 +€720,723 +428%
Current assets 29/58 €168,423 €889,146 +€720,723 +428%
Amounts receivable within one year 40/41 €168,082 €888,519 +€720,437 +429%
Trade receivables 40 €168,005 €887,351 +€719,346 +428%
Other amounts receivable 41 €77 €1,168 +€1,091 +1,415%
Cash at bank and in hand 54/58 €341 €627 +€286 +83.6%
Total equity and liabilities 10/49 €168,423 €889,146 +€720,723 +428%
Equity 10/15 €16,698 €18,891 +€2,193 +13.1%
Profit (loss) carried forward 14 €16,698 €18,891 +€2,193 +13.1%
Amounts payable 17/49 €151,725 €870,255 +€718,530 +474%
Amounts payable within one year 42/48 €151,725 €870,255 +€718,530 +474%
Trade debts 44 €151,725 €870,255 +€718,530 +474%
Suppliers 440/4 €151,725 €870,255 +€718,530 +474%
Turnover 70 €268,636 €726,119 +€457,483 +170%
Goods, raw materials, services and sundry goods 60/61 €251,937 €723,926 +€471,989 +187%
Gross operating margin 9900 €16,698 €2,193 -€14,506 -86.9%
Operating profit (loss) 9901 €16,698 €2,193 -€14,506 -86.9%
Profit (loss) for the period before taxes 9903 €16,698 €2,193 -€14,506 -86.9%
Profit (loss) for the period 9904 €16,698 €2,193 -€14,506 -86.9%
Profit (loss) for the period to be appropriated 9905 €16,698 €2,193 -€14,506 -86.9%

Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.