JADOLUX: 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.
JADOLUX
Largest movements
- Intangible fixed assets +€4,744
new in 2025: €4,744
- Deferred charges and accrued income +€2,088
new in 2025: €2,088
- Receivables within one year +€1,877
up €1,877 (+139%), from €1,352 to €3,229
of which Trade receivables: +€1,877
- Cash -€1,692
down €1,692 (-100%), from €1,692 to €0
mainly Net result for the year (-€25,220) and Investment in fixed assets (net) (-€14,983)
- Tangible fixed assets -€1,274
down €1,274 (-2.7%), from €47,794 to €46,520
of which Leasing and similar rights: -€4,362
- Profit (loss) carried forward -€25,220
down €25,220 (-2,432%), from -€1,037 to -€26,257
- Other debts +€19,178
up €19,178 (+1,051%), from €1,825 to €21,003
- Short-term financial debts +€5,165
new in 2025: €5,165
- Trade debts +€4,645
up €4,645 (+213%), from €2,185 to €6,830
- Tax, wage and social debts +€2,436
up €2,436 (+79.0%), from €3,083 to €5,519
- Gross operating margin -€15,366
down €15,366, from €6,789 to -€8,577
- Depreciation +€8,112
up €8,112 (+238%), from €3,401 to €11,513
- Financial charges +€2,068
up €2,068 (+356%), from €581 to €2,649
- Taxes -€1,454
down €1,454 (-88.2%), from €1,648 to €194
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.
Derived cash bridge
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 | €50,838 | €56,580 | +€5,742 | +11.3% |
| Fixed assets | 21/28 | €47,794 | €51,263 | +€3,469 | +7.3% |
| Intangible fixed assets | 21 | - | €4,744 | +€4,744 | |
| Tangible fixed assets | 22/27 | €47,794 | €46,520 | -€1,274 | -2.7% |
| Plant, machinery and equipment | 23 | - | €1,999 | +€1,999 | |
| Furniture and vehicles | 24 | €1,040 | €2,128 | +€1,088 | +105% |
| Leasing and similar rights | 25 | €46,754 | €42,392 | -€4,362 | -9.3% |
| Current assets | 29/58 | €3,044 | €5,317 | +€2,273 | +74.6% |
| Amounts receivable within one year | 40/41 | €1,352 | €3,229 | +€1,877 | +139% |
| Trade receivables | 40 | - | €1,877 | +€1,877 | |
| Other amounts receivable | 41 | €1,352 | €1,352 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,692 | €0 | -€1,692 | -100% |
| Deferred charges and accrued income | 490/1 | - | €2,088 | +€2,088 | |
| Total equity and liabilities | 10/49 | €50,838 | €56,580 | +€5,742 | +11.3% |
| Equity | 10/15 | €3,963 | -€21,257 | -€25,220 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,037 | -€26,257 | -€25,220 | -2,432% |
| Amounts payable | 17/49 | €46,876 | €77,837 | +€30,962 | +66.1% |
| Amounts payable after more than one year | 17 | €31,919 | €29,965 | -€1,953 | -6.1% |
| Financial debts | 170/4 | €31,919 | €29,965 | -€1,953 | -6.1% |
| Amounts payable within one year | 42/48 | €14,957 | €47,872 | +€32,915 | +220% |
| Current portion of amounts payable after more than one year | 42 | €7,864 | €9,355 | +€1,491 | +19.0% |
| Financial debts | 43 | - | €5,165 | +€5,165 | |
| Credit institutions | 430/8 | - | €5,165 | +€5,165 | |
| Trade debts | 44 | €2,185 | €6,830 | +€4,645 | +213% |
| Suppliers | 440/4 | €2,185 | €6,830 | +€4,645 | +213% |
| Taxes, remuneration and social security | 45 | €3,083 | €5,519 | +€2,436 | +79.0% |
| Taxes | 450/3 | €3,083 | €5,519 | +€2,436 | +79.0% |
| Other amounts payable | 47/48 | €1,825 | €21,003 | +€19,178 | +1,051% |
| Non-recurring operating income | 76A | - | €3,867 | +€3,867 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,401 | €11,513 | +€8,112 | +238% |
| Other operating charges | 640/8 | €2,216 | €2,286 | +€70 | +3.2% |
| Gross operating margin | 9900 | €6,789 | -€8,577 | -€15,366 | |
| Operating profit (loss) | 9901 | €1,172 | -€22,377 | -€23,549 | |
| Financial income | 75/76B | €20 | €0 | -€20 | -100% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100% |
| Financial charges | 65/66B | €581 | €2,649 | +€2,068 | +356% |
| Recurring financial charges | 65 | €581 | €2,649 | +€2,068 | +356% |
| Profit (loss) for the period before taxes | 9903 | €610 | -€25,026 | -€25,636 | |
| Income taxes | 67/77 | €1,648 | €194 | -€1,454 | -88.2% |
| Profit (loss) for the period | 9904 | -€1,037 | -€25,220 | -€24,183 | -2,332% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,037 | -€25,220 | -€24,183 | -2,332% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.