JADOULLE - MUNTERS: what changed
JADOULLE - MUNTERS
Largest movements
- Cash -€115,196
down €115,196 (-98.0%), from €117,581 to €2,386
mainly Receivables within one year (-€111,544) and Net result for the year (-€6,740)
- Receivables within one year +€111,544
up €111,544 (+34.2%), from €325,915 to €437,459
of which Other amounts receivable: +€114,044
- Reserves -€6,740
down €6,740 (-1.9%), from €364,286 to €357,546
of which Distributable reserves: -€6,740
- Gross operating margin -€667
down €667 (-52.2%), from -€1,277 to -€1,944
- Depreciation -€219
down €219 (-6.6%), from €3,306 to €3,087
- Financial income -€63
down €63 (-6.4%), from €978 to €915
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €449,993 | €443,253 | -€6,740 | -1.5% |
| Fixed assets | 21/28 | €6,496 | €3,409 | -€3,087 | -47.5% |
| Tangible fixed assets | 22/27 | €6,496 | €3,409 | -€3,087 | -47.5% |
| Plant, machinery and equipment | 23 | €6,496 | €3,409 | -€3,087 | -47.5% |
| Current assets | 29/58 | €443,497 | €439,845 | -€3,652 | -0.8% |
| Amounts receivable within one year | 40/41 | €325,915 | €437,459 | +€111,544 | +34.2% |
| Trade receivables | 40 | €2,500 | €0 | -€2,500 | -100% |
| Other amounts receivable | 41 | €323,415 | €437,459 | +€114,044 | +35.3% |
| Cash at bank and in hand | 54/58 | €117,581 | €2,386 | -€115,196 | -98.0% |
| Total equity and liabilities | 10/49 | €449,993 | €443,253 | -€6,740 | -1.5% |
| Equity | 10/15 | €426,286 | €419,546 | -€6,740 | -1.6% |
| 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 | €364,286 | €357,546 | -€6,740 | -1.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €358,086 | €351,346 | -€6,740 | -1.9% |
| Amounts payable | 17/49 | €23,707 | €23,707 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,707 | €23,707 | = | 0.0% |
| Other amounts payable | 47/48 | €23,707 | €23,707 | = | 0.0% |
| Non-recurring operating income | 76A | €223 | €0 | -€223 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,306 | €3,087 | -€219 | -6.6% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Non-recurring operating charges | 66A | €20,773 | €2,500 | -€18,273 | -88.0% |
| Gross operating margin | 9900 | -€1,277 | -€1,944 | -€667 | -52.2% |
| Operating profit (loss) | 9901 | -€25,419 | -€7,594 | +€17,825 | +70.1% |
| Financial income | 75/76B | €978 | €915 | -€63 | -6.4% |
| Recurring financial income | 75 | €978 | €915 | -€63 | -6.4% |
| Financial charges | 65/66B | €61 | €61 | -€0 | -0.8% |
| Recurring financial charges | 65 | €61 | €61 | -€0 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€24,502 | -€6,740 | +€17,763 | +72.5% |
| Profit (loss) for the period | 9904 | -€24,502 | -€6,740 | +€17,763 | +72.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,502 | -€6,740 | +€17,763 | +72.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.