JEADE: 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.
JEADE
Largest movements
- Receivables within one year +€14,898
up €14,898 (+10.4%), from €142,634 to €157,532
of which Other amounts receivable: +€17,946
- Tangible fixed assets -€7,422
down €7,422 (-24.7%), from €30,058 to €22,636
of which Furniture and vehicles: -€5,779
- Profit (loss) carried forward +€14,042
up €14,042 (+22.3%), from €63,082 to €77,124
- Short-term financial debts -€8,281
no longer reported in 2025 (was €8,281)
- Current portion of long-term debt +€2,567
up €2,567 (+87.7%), from €2,928 to €5,495
- Trade debts -€2,201
down €2,201 (-69.5%), from €3,166 to €965
- Turnover -€64,193
no longer reported in 2025 (was €64,193)
- Purchases and services -€23,234
no longer reported in 2025 (was €23,234)
- Gross operating margin -€13,917
down €13,917 (-34.0%), from €40,958 to €27,041
- Depreciation -€5,014
down €5,014 (-50.2%), from €9,997 to €4,983
- Taxes -€1,733
down €1,733 (-19.2%), from €9,033 to €7,300
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 | €174,648 | €183,233 | +€8,585 | +4.9% |
| Fixed assets | 21/28 | €30,083 | €22,661 | -€7,422 | -24.7% |
| Tangible fixed assets | 22/27 | €30,058 | €22,636 | -€7,422 | -24.7% |
| Land and buildings | 22 | €10,000 | €10,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,423 | €6,780 | -€1,643 | -19.5% |
| Furniture and vehicles | 24 | €11,635 | €5,856 | -€5,779 | -49.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €144,565 | €160,572 | +€16,007 | +11.1% |
| Amounts receivable within one year | 40/41 | €142,634 | €157,532 | +€14,898 | +10.4% |
| Trade receivables | 40 | €3,128 | €80 | -€3,048 | -97.4% |
| Other amounts receivable | 41 | €139,506 | €157,452 | +€17,946 | +12.9% |
| Current investments | 50/53 | €200 | €200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €1,351 | +€1,351 | |
| Deferred charges and accrued income | 490/1 | €1,731 | €1,489 | -€242 | -14.0% |
| Total equity and liabilities | 10/49 | €174,648 | €183,233 | +€8,585 | +4.9% |
| Equity | 10/15 | €143,082 | €157,124 | +€14,042 | +9.8% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,082 | €77,124 | +€14,042 | +22.3% |
| Amounts payable | 17/49 | €31,566 | €26,109 | -€5,457 | -17.3% |
| Amounts payable after more than one year | 17 | - | €654 | +€654 | |
| Financial debts | 170/4 | - | €654 | +€654 | |
| Amounts payable within one year | 42/48 | €31,566 | €25,455 | -€6,111 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €2,928 | €5,495 | +€2,567 | +87.7% |
| Financial debts | 43 | €8,281 | - | -€8,281 | |
| Credit institutions | 430/8 | €8,281 | - | -€8,281 | |
| Trade debts | 44 | €3,166 | €965 | -€2,201 | -69.5% |
| Suppliers | 440/4 | €3,166 | €965 | -€2,201 | -69.5% |
| Taxes, remuneration and social security | 45 | €15,891 | €17,695 | +€1,804 | +11.4% |
| Taxes | 450/3 | €15,891 | €17,695 | +€1,804 | +11.4% |
| Other amounts payable | 47/48 | €1,300 | €1,300 | = | 0.0% |
| Turnover | 70 | €64,193 | - | -€64,193 | |
| Goods, raw materials, services and sundry goods | 60/61 | €23,234 | - | -€23,234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,997 | €4,983 | -€5,014 | -50.2% |
| Other operating charges | 640/8 | €6,616 | €6,664 | +€49 | +0.7% |
| Gross operating margin | 9900 | €40,958 | €27,041 | -€13,917 | -34.0% |
| Operating profit (loss) | 9901 | €24,346 | €15,394 | -€8,951 | -36.8% |
| Financial income | 75/76B | €6,706 | €7,579 | +€873 | +13.0% |
| Recurring financial income | 75 | €6,706 | €7,579 | +€873 | +13.0% |
| Financial charges | 65/66B | €2,306 | €1,631 | -€674 | -29.2% |
| Recurring financial charges | 65 | €2,306 | €1,631 | -€674 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €28,746 | €21,341 | -€7,404 | -25.8% |
| Income taxes | 67/77 | €9,033 | €7,300 | -€1,733 | -19.2% |
| Profit (loss) for the period | 9904 | €19,713 | €14,042 | -€5,671 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,713 | €14,042 | -€5,671 | -28.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.