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 -€6,835
down €6,835 (-28.8%), from €23,706 to €16,871
of which Other tangible fixed assets: -€4,448
- Receivables within one year -€6,041
down €6,041 (-76.8%), from €7,871 to €1,830
of which Other amounts receivable: -€7,871
- Cash -€3,528
down €3,528 (-76.9%), from €4,586 to €1,057
mainly Net result for the year (-€18,369) and Debts after one year (-€2,455)
- Deferred charges and accrued income -€2,409
down €2,409 (-74.6%), from €3,228 to €819
- Stocks and contracts -€726
down €726 (-18.4%), from €3,951 to €3,225
- Profit (loss) carried forward -€18,282
down €18,282, from €9,417 to -€8,865
- Other debts +€3,529
new in 2025: €3,529
- Debts after one year -€2,455
down €2,455 (-100%), from €2,455 to €0
- Trade debts -€2,454
down €2,454 (-31.1%), from €7,882 to €5,428
- Short-term financial debts +€1,109
new in 2025: €1,109
- Gross operating margin -€16,397
down €16,397, from €11,306 to -€5,091
- Other operating charges +€1,160
up €1,160 (+75.4%), from €1,539 to €2,699
- Taxes -€774
down €774 (-72.9%), from €1,062 to €287
- Financial charges +€712
up €712 (+34.8%), from €2,047 to €2,759
- Depreciation +€207
up €207 (+2.8%), from €7,521 to €7,728
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 | €43,342 | €23,802 | -€19,540 | -45.1% |
| Fixed assets | 21/28 | €23,706 | €16,871 | -€6,835 | -28.8% |
| Tangible fixed assets | 22/27 | €23,706 | €16,871 | -€6,835 | -28.8% |
| Plant, machinery and equipment | 23 | €10,739 | €9,193 | -€1,546 | -14.4% |
| Furniture and vehicles | 24 | €1,170 | €330 | -€841 | -71.8% |
| Other tangible fixed assets | 26 | €11,796 | €7,348 | -€4,448 | -37.7% |
| Current assets | 29/58 | €19,636 | €6,931 | -€12,705 | -64.7% |
| Stocks and contracts in progress | 3 | €3,951 | €3,225 | -€726 | -18.4% |
| Stocks | 30/36 | €3,951 | €3,225 | -€726 | -18.4% |
| Amounts receivable within one year | 40/41 | €7,871 | €1,830 | -€6,041 | -76.8% |
| Trade receivables | 40 | - | €1,830 | +€1,830 | |
| Other amounts receivable | 41 | €7,871 | €0 | -€7,871 | -100% |
| Cash at bank and in hand | 54/58 | €4,586 | €1,057 | -€3,528 | -76.9% |
| Deferred charges and accrued income | 490/1 | €3,228 | €819 | -€2,409 | -74.6% |
| Total equity and liabilities | 10/49 | €43,342 | €23,802 | -€19,540 | -45.1% |
| Equity | 10/15 | €28,104 | €9,735 | -€18,369 | -65.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87 | €0 | -€87 | -100% |
| Distributable reserves | 133 | €87 | €0 | -€87 | -100% |
| Profit (loss) carried forward | 14 | €9,417 | -€8,865 | -€18,282 | |
| Amounts payable | 17/49 | €15,238 | €14,068 | -€1,171 | -7.7% |
| Amounts payable after more than one year | 17 | €2,455 | €0 | -€2,455 | -100% |
| Financial debts | 170/4 | €2,455 | €0 | -€2,455 | -100% |
| Amounts payable within one year | 42/48 | €12,783 | €14,068 | +€1,284 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €2,364 | €1,440 | -€925 | -39.1% |
| Financial debts | 43 | - | €1,109 | +€1,109 | |
| Credit institutions | 430/8 | - | €1,109 | +€1,109 | |
| Trade debts | 44 | €7,882 | €5,428 | -€2,454 | -31.1% |
| Suppliers | 440/4 | €7,882 | €5,428 | -€2,454 | -31.1% |
| Taxes, remuneration and social security | 45 | €2,536 | €2,562 | +€26 | +1.0% |
| Taxes | 450/3 | €2,536 | €2,562 | +€26 | +1.0% |
| Other amounts payable | 47/48 | - | €3,529 | +€3,529 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,521 | €7,728 | +€207 | +2.8% |
| Other operating charges | 640/8 | €1,539 | €2,699 | +€1,160 | +75.4% |
| Non-recurring operating charges | 66A | - | -€194 | -€194 | |
| Gross operating margin | 9900 | €11,306 | -€5,091 | -€16,397 | |
| Operating profit (loss) | 9901 | €2,246 | -€15,325 | -€17,571 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €2,047 | €2,759 | +€712 | +34.8% |
| Recurring financial charges | 65 | €2,047 | €2,759 | +€712 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €199 | -€18,082 | -€18,280 | |
| Income taxes | 67/77 | €1,062 | €287 | -€774 | -72.9% |
| Profit (loss) for the period | 9904 | -€863 | -€18,369 | -€17,506 | -2,029% |
| Profit (loss) for the period to be appropriated | 9905 | -€863 | -€18,369 | -€17,506 | -2,029% |
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 14 October 2026 via checked.be.