JAYDA: 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.
JAYDA
Largest movements
- Tangible fixed assets -€42,048
down €42,048 (-6.3%), from €666,803 to €624,755
of which Other tangible fixed assets: -€26,518
- Deferred charges and accrued income -€15,280
down €15,280 (-28.1%), from €54,436 to €39,156
- Intangible fixed assets -€15,000
down €15,000 (-13.9%), from €107,615 to €92,615
- Cash +€10,594
up €10,594 (+19.5%), from €54,336 to €64,931
mainly Depreciation (+€74,637) and Net result for the year (+€16,570)
- Debts after one year -€64,359
down €64,359 (-10.3%), from €622,562 to €558,204
- Advances received -€21,173
down €21,173 (-23.6%), from €89,741 to €68,568
- Profit (loss) carried forward +€16,570
new in 2025: €16,570
- Tax, wage and social debts +€13,372
up €13,372 (+43.3%), from €30,869 to €44,241
of which Taxes: +€7,853
- Gross operating margin +€121,380
up €121,380 (+63.8%), from €190,226 to €311,607
- Staff costs +€40,501
up €40,501 (+25.4%), from €159,327 to €199,828
- Depreciation +€22,885
up €22,885 (+44.2%), from €51,752 to €74,637
- Financial charges +€10,239
up €10,239 (+119.5%), from €8,566 to €18,805
- Other operating charges -€5,187
down €5,187 (-70.5%), from €7,359 to €2,171
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 | €937,513 | €883,953 | -€53,560 | -5.7% |
| Fixed assets | 21/28 | €787,917 | €730,870 | -€57,048 | -7.2% |
| Intangible fixed assets | 21 | €107,615 | €92,615 | -€15,000 | -13.9% |
| Tangible fixed assets | 22/27 | €666,803 | €624,755 | -€42,048 | -6.3% |
| Plant, machinery and equipment | 23 | €67,173 | €50,962 | -€16,211 | -24.1% |
| Furniture and vehicles | 24 | €11,975 | €12,657 | +€682 | +5.7% |
| Other tangible fixed assets | 26 | €587,654 | €561,136 | -€26,518 | -4.5% |
| Financial fixed assets | 28 | €13,500 | €13,500 | = | 0.0% |
| Current assets | 29/58 | €149,596 | €153,083 | +€3,488 | +2.3% |
| Stocks and contracts in progress | 3 | €14,784 | €18,309 | +€3,526 | +23.8% |
| Stocks | 30/36 | €14,784 | €18,309 | +€3,526 | +23.8% |
| Amounts receivable within one year | 40/41 | €26,040 | €30,688 | +€4,647 | +17.8% |
| Trade receivables | 40 | €25,021 | €30,688 | +€5,666 | +22.6% |
| Other amounts receivable | 41 | €1,019 | €0 | -€1,019 | -100.0% |
| Cash at bank and in hand | 54/58 | €54,336 | €64,931 | +€10,594 | +19.5% |
| Deferred charges and accrued income | 490/1 | €54,436 | €39,156 | -€15,280 | -28.1% |
| Total equity and liabilities | 10/49 | €937,513 | €883,953 | -€53,560 | -5.7% |
| Equity | 10/15 | €94,811 | €111,382 | +€16,570 | +17.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €64,811 | €64,811 | = | 0.0% |
| Distributable reserves | 133 | €64,811 | €64,811 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €16,570 | +€16,570 | |
| Amounts payable | 17/49 | €842,702 | €772,572 | -€70,130 | -8.3% |
| Amounts payable after more than one year | 17 | €622,562 | €558,204 | -€64,359 | -10.3% |
| Financial debts | 170/4 | €622,562 | €558,204 | -€64,359 | -10.3% |
| Amounts payable within one year | 42/48 | €214,392 | €212,760 | -€1,631 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €65,218 | €56,738 | -€8,480 | -13.0% |
| Trade debts | 44 | €28,563 | €37,545 | +€8,982 | +31.4% |
| Suppliers | 440/4 | €28,563 | €37,545 | +€8,982 | +31.4% |
| Advances received on contracts in progress | 46 | €89,741 | €68,568 | -€21,173 | -23.6% |
| Taxes, remuneration and social security | 45 | €30,869 | €44,241 | +€13,372 | +43.3% |
| Taxes | 450/3 | €13,971 | €21,824 | +€7,853 | +56.2% |
| Remuneration and social security | 454/9 | €16,899 | €22,417 | +€5,519 | +32.7% |
| Other amounts payable | 47/48 | €0 | €5,667 | +€5,667 | |
| Accrued charges and deferred income | 492/3 | €5,748 | €1,608 | -€4,140 | -72.0% |
| Remuneration, social security and pensions | 62 | €159,327 | €199,828 | +€40,501 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,752 | €74,637 | +€22,885 | +44.2% |
| Other operating charges | 640/8 | €7,359 | €2,171 | -€5,187 | -70.5% |
| Gross operating margin | 9900 | €190,226 | €311,607 | +€121,380 | +63.8% |
| Operating profit (loss) | 9901 | -€28,211 | €34,971 | +€63,182 | |
| Financial income | 75/76B | €204 | €405 | +€200 | +98.0% |
| Recurring financial income | 75 | €204 | €405 | +€200 | +98.0% |
| Financial charges | 65/66B | €8,566 | €18,805 | +€10,239 | +119.5% |
| Recurring financial charges | 65 | €8,566 | €18,805 | +€10,239 | +119.5% |
| Profit (loss) for the period before taxes | 9903 | -€36,572 | €16,570 | +€53,142 | |
| Income taxes | 67/77 | €735 | €0 | -€735 | -100.0% |
| Profit (loss) for the period | 9904 | -€37,308 | €16,570 | +€53,878 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,308 | €16,570 | +€53,878 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.