JEDA: 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.
JEDA
Largest movements
- Tangible fixed assets +€439,800
up €439,800 (+55.3%), from €794,583 to €1.2m
of which Land and buildings: +€447,768
- Receivables within one year -€49,149
down €49,149 (-66.6%), from €73,787 to €24,638
of which Other amounts receivable: -€36,980
- Debts after one year +€462,474
up €462,474 (+72.3%), from €639,847 to €1.1m
- Trade debts +€47,134
up €47,134 (+12260.4%), from €384 to €47,518
- Profit (loss) carried forward -€45,802
down €45,802 (-264.1%), from -€17,342 to -€63,143
- Other debts -€33,637
down €33,637 (-12.1%), from €277,278 to €243,641
- Tax, wage and social debts -€21,720
down €21,720 (-74.9%), from €28,986 to €7,266
- Financial charges +€12,547
up €12,547 (+69.9%), from €17,939 to €30,486
- Depreciation +€7,764
up €7,764 (+23.5%), from €33,019 to €40,782
- Gross operating margin +€2,745
up €2,745 (+12.1%), from €22,722 to €25,466
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 | €973,776 | €1,362,916 | +€389,140 | +40.0% |
| Fixed assets | 21/28 | €794,583 | €1,234,383 | +€439,800 | +55.3% |
| Tangible fixed assets | 22/27 | €794,583 | €1,234,383 | +€439,800 | +55.3% |
| Land and buildings | 22 | €722,582 | €1,170,349 | +€447,768 | +62.0% |
| Furniture and vehicles | 24 | €3,927 | €6,209 | +€2,282 | +58.1% |
| Other tangible fixed assets | 26 | €68,074 | €57,825 | -€10,249 | -15.1% |
| Current assets | 29/58 | €179,193 | €128,533 | -€50,660 | -28.3% |
| Amounts receivable within one year | 40/41 | €73,787 | €24,638 | -€49,149 | -66.6% |
| Trade receivables | 40 | €34,472 | €22,303 | -€12,169 | -35.3% |
| Other amounts receivable | 41 | €39,315 | €2,335 | -€36,980 | -94.1% |
| Cash at bank and in hand | 54/58 | €92,131 | €90,621 | -€1,511 | -1.6% |
| Deferred charges and accrued income | 490/1 | €13,274 | €13,274 | = | 0.0% |
| Total equity and liabilities | 10/49 | €973,776 | €1,362,916 | +€389,140 | +40.0% |
| Equity | 10/15 | €1,258 | -€63,143 | -€64,402 | |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€17,342 | -€63,143 | -€45,802 | -264.1% |
| Amounts payable | 17/49 | €972,518 | €1,426,059 | +€453,542 | +46.6% |
| Amounts payable after more than one year | 17 | €639,847 | €1,102,321 | +€462,474 | +72.3% |
| Financial debts | 170/4 | €639,847 | €1,102,321 | +€462,474 | +72.3% |
| Amounts payable within one year | 42/48 | €332,670 | €323,739 | -€8,932 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €26,022 | €25,313 | -€709 | -2.7% |
| Trade debts | 44 | €384 | €47,518 | +€47,134 | +12260.4% |
| Suppliers | 440/4 | €384 | €47,518 | +€47,134 | +12260.4% |
| Taxes, remuneration and social security | 45 | €28,986 | €7,266 | -€21,720 | -74.9% |
| Taxes | 450/3 | €28,986 | €7,266 | -€21,720 | -74.9% |
| Other amounts payable | 47/48 | €277,278 | €243,641 | -€33,637 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,019 | €40,782 | +€7,764 | +23.5% |
| Other operating charges | 640/8 | €140 | - | -€140 | |
| Gross operating margin | 9900 | €22,722 | €25,466 | +€2,745 | +12.1% |
| Operating profit (loss) | 9901 | -€10,437 | -€15,316 | -€4,879 | -46.7% |
| Financial charges | 65/66B | €17,939 | €30,486 | +€12,547 | +69.9% |
| Recurring financial charges | 65 | €17,939 | €30,486 | +€12,547 | +69.9% |
| Profit (loss) for the period before taxes | 9903 | -€28,376 | -€45,802 | -€17,426 | -61.4% |
| Profit (loss) for the period | 9904 | -€28,376 | -€45,802 | -€17,426 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,376 | -€45,802 | -€17,426 | -61.4% |
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 10 October 2026 via checked.be.