JADOLI: 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.
JADOLI
Largest movements
- Tangible fixed assets -€59,776
down €59,776 (-7.2%), from €824,713 to €764,937
of which Land and buildings: -€38,737
- Cash -€43,931
down €43,931 (-9.8%), from €446,304 to €402,373
mainly Net result for the year (-€61,173) and Debts after one year (-€25,014)
- Receivables within one year +€13,082
up €13,082 (+272.9%), from €4,793 to €17,875
of which Other amounts receivable: +€15,623
- Reserves -€70,473
down €70,473 (-7.4%), from €949,016 to €878,544
of which Distributable reserves: -€64,769
- Debts after one year -€25,014
down €25,014 (-26.0%), from €96,362 to €71,347
- Gross operating margin -€240,352
down €240,352 (-45.1%), from €532,470 to €292,118
- Staff costs +€64,113
up €64,113 (+27.9%), from €229,967 to €294,079
- Depreciation +€10,210
up €10,210 (+20.1%), from €50,706 to €60,916
- Taxes -€8,777
down €8,777 (-99.8%), from €8,798 to €21
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 | €1,294,406 | €1,210,995 | -€83,411 | -6.4% |
| Fixed assets | 21/28 | €827,213 | €767,437 | -€59,776 | -7.2% |
| Tangible fixed assets | 22/27 | €824,713 | €764,937 | -€59,776 | -7.2% |
| Land and buildings | 22 | €723,965 | €685,228 | -€38,737 | -5.4% |
| Plant, machinery and equipment | 23 | €32,468 | €25,925 | -€6,543 | -20.2% |
| Furniture and vehicles | 24 | €68,280 | €53,784 | -€14,496 | -21.2% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €467,193 | €443,558 | -€23,635 | -5.1% |
| Stocks and contracts in progress | 3 | €7,526 | €10,460 | +€2,934 | +39.0% |
| Stocks | 30/36 | €7,526 | €10,460 | +€2,934 | +39.0% |
| Amounts receivable within one year | 40/41 | €4,793 | €17,875 | +€13,082 | +272.9% |
| Trade receivables | 40 | €3,493 | €952 | -€2,541 | -72.7% |
| Other amounts receivable | 41 | €1,300 | €16,923 | +€15,623 | +1201.7% |
| Cash at bank and in hand | 54/58 | €446,304 | €402,373 | -€43,931 | -9.8% |
| Deferred charges and accrued income | 490/1 | €8,570 | €12,851 | +€4,281 | +50.0% |
| Total equity and liabilities | 10/49 | €1,294,406 | €1,210,995 | -€83,411 | -6.4% |
| Equity | 10/15 | €1,011,016 | €940,544 | -€70,473 | -7.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €949,016 | €878,544 | -€70,473 | -7.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €362,522 | €356,818 | -€5,704 | -1.6% |
| Distributable reserves | 133 | €580,294 | €515,525 | -€64,769 | -11.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €94,486 | €92,585 | -€1,901 | -2.0% |
| Deferred taxes | 168 | €94,486 | €92,585 | -€1,901 | -2.0% |
| Amounts payable | 17/49 | €188,903 | €177,866 | -€11,037 | -5.8% |
| Amounts payable after more than one year | 17 | €96,362 | €71,347 | -€25,014 | -26.0% |
| Financial debts | 170/4 | €96,362 | €71,347 | -€25,014 | -26.0% |
| Amounts payable within one year | 42/48 | €91,283 | €103,339 | +€12,056 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €32,242 | €25,014 | -€7,227 | -22.4% |
| Trade debts | 44 | €17,750 | €18,882 | +€1,132 | +6.4% |
| Suppliers | 440/4 | €17,750 | €18,882 | +€1,132 | +6.4% |
| Taxes, remuneration and social security | 45 | €37,456 | €49,519 | +€12,063 | +32.2% |
| Taxes | 450/3 | €8,458 | €8,671 | +€213 | +2.5% |
| Remuneration and social security | 454/9 | €28,997 | €40,848 | +€11,850 | +40.9% |
| Other amounts payable | 47/48 | €3,837 | €9,924 | +€6,088 | +158.7% |
| Accrued charges and deferred income | 492/3 | €1,258 | €3,179 | +€1,921 | +152.7% |
| Non-recurring operating income | 76A | €226,717 | €0 | -€226,717 | -100.0% |
| Remuneration, social security and pensions | 62 | €229,967 | €294,079 | +€64,113 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,706 | €60,916 | +€10,210 | +20.1% |
| Other operating charges | 640/8 | €6,441 | €5,993 | -€448 | -7.0% |
| Gross operating margin | 9900 | €532,470 | €292,118 | -€240,352 | -45.1% |
| Operating profit (loss) | 9901 | €245,356 | -€68,870 | -€314,226 | |
| Financial income | 75/76B | €4,882 | €8,573 | +€3,691 | +75.6% |
| Recurring financial income | 75 | €4,882 | €8,573 | +€3,691 | +75.6% |
| Financial charges | 65/66B | €4,546 | €2,757 | -€1,789 | -39.4% |
| Recurring financial charges | 65 | €4,546 | €2,757 | -€1,789 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €245,693 | -€63,053 | -€308,746 | |
| Transfer from deferred taxes | 780 | €1,901 | €1,901 | = | 0.0% |
| Transfer to deferred taxes | 680 | €55,138 | €0 | -€55,138 | -100.0% |
| Income taxes | 67/77 | €8,798 | €21 | -€8,777 | -99.8% |
| Profit (loss) for the period | 9904 | €183,657 | -€61,173 | -€244,830 | |
| Transfer from tax-exempt reserves | 789 | €5,704 | €5,704 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €165,415 | €0 | -€165,415 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,945 | -€55,469 | -€79,415 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.