JEDAN: 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.
JEDAN
Largest movements
- Receivables within one year +€314,016
up €314,016 (+63.7%), from €493,052 to €807,068
of which Other amounts receivable: +€237,219
- Tangible fixed assets -€248,253
down €248,253 (-26.4%), from €940,517 to €692,264
of which Land and buildings: -€244,029
- Debts after one year +€176,722
up €176,722 (+118%), from €149,778 to €326,500
of which Financial debts: +€176,722
- Current portion of long-term debt -€156,426
down €156,426 (-100%), from €156,426 to €0
- Profit (loss) carried forward +€141,388
up €141,388 (+6.4%), from -€2.2m to -€2.1m
- Trade debts -€75,508
down €75,508 (-33.2%), from €227,736 to €152,228
- Other debts -€27,000
down €27,000 (-4.2%), from €646,276 to €619,276
- Gross operating margin +€257,523
up €257,523, from -€35,968 to €221,556
- Other operating charges +€18,036
up €18,036 (+299%), from €6,038 to €24,074
- Staff costs -€14,260
down €14,260 (-100%), from €14,260 to €0
- Financial charges +€11,387
up €11,387 (+37.8%), from €30,102 to €41,490
- Depreciation -€7,679
down €7,679 (-22.0%), from €34,958 to €27,279
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 | €1,793,117 | €1,861,750 | +€68,633 | +3.8% |
| Fixed assets | 21/28 | €940,517 | €692,264 | -€248,253 | -26.4% |
| Tangible fixed assets | 22/27 | €940,517 | €692,264 | -€248,253 | -26.4% |
| Land and buildings | 22 | €915,190 | €671,161 | -€244,029 | -26.7% |
| Plant, machinery and equipment | 23 | €3,901 | €5,377 | +€1,476 | +37.8% |
| Furniture and vehicles | 24 | €21,426 | €15,726 | -€5,700 | -26.6% |
| Current assets | 29/58 | €852,600 | €1,169,486 | +€316,886 | +37.2% |
| Amounts receivable after more than one year | 29 | €23,579 | €23,579 | = | 0.0% |
| Trade receivables | 290 | €23,579 | €23,579 | = | 0.0% |
| Stocks and contracts in progress | 3 | €205,000 | €204,000 | -€1,000 | -0.5% |
| Stocks | 30/36 | €205,000 | €204,000 | -€1,000 | -0.5% |
| Amounts receivable within one year | 40/41 | €493,052 | €807,068 | +€314,016 | +63.7% |
| Trade receivables | 40 | €109,596 | €186,394 | +€76,797 | +70.1% |
| Other amounts receivable | 41 | €383,456 | €620,675 | +€237,219 | +61.9% |
| Current investments | 50/53 | €2,462 | €2,462 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €123,916 | €127,195 | +€3,279 | +2.6% |
| Deferred charges and accrued income | 490/1 | €4,592 | €5,182 | +€591 | +12.9% |
| Total equity and liabilities | 10/49 | €1,793,117 | €1,861,750 | +€68,633 | +3.8% |
| Equity | 10/15 | €257,011 | €398,399 | +€141,388 | +55.0% |
| Contributions | 10/11 | €2,450,000 | €2,450,000 | = | 0.0% |
| Reserves | 13 | €1,077 | €1,077 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,077 | €1,077 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,077 | €1,077 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,194,066 | -€2,052,678 | +€141,388 | +6.4% |
| Amounts payable | 17/49 | €1,536,106 | €1,463,351 | -€72,755 | -4.7% |
| Amounts payable after more than one year | 17 | €149,778 | €326,500 | +€176,722 | +118% |
| Financial debts | 170/4 | €148,278 | €325,000 | +€176,722 | +119% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,386,307 | €1,135,711 | -€250,596 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €156,426 | €0 | -€156,426 | -100% |
| Financial debts | 43 | €308,701 | €323,811 | +€15,111 | +4.9% |
| Credit institutions | 430/8 | €308,701 | €323,811 | +€15,111 | +4.9% |
| Trade debts | 44 | €227,736 | €152,228 | -€75,508 | -33.2% |
| Suppliers | 440/4 | €227,736 | €152,228 | -€75,508 | -33.2% |
| Taxes, remuneration and social security | 45 | €47,167 | €40,395 | -€6,773 | -14.4% |
| Taxes | 450/3 | €10,066 | €3,293 | -€6,773 | -67.3% |
| Remuneration and social security | 454/9 | €37,102 | €37,102 | = | 0.0% |
| Other amounts payable | 47/48 | €646,276 | €619,276 | -€27,000 | -4.2% |
| Accrued charges and deferred income | 492/3 | €20 | €1,140 | +€1,120 | +5,464% |
| Non-recurring operating income | 76A | €0 | €236,225 | +€236,225 | |
| Remuneration, social security and pensions | 62 | €14,260 | €0 | -€14,260 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,958 | €27,279 | -€7,679 | -22.0% |
| Other operating charges | 640/8 | €6,038 | €24,074 | +€18,036 | +299% |
| Gross operating margin | 9900 | -€35,968 | €221,556 | +€257,523 | |
| Operating profit (loss) | 9901 | -€91,224 | €170,203 | +€261,426 | |
| Financial income | 75/76B | €11,285 | €13,245 | +€1,961 | +17.4% |
| Recurring financial income | 75 | €11,285 | €13,245 | +€1,961 | +17.4% |
| Financial charges | 65/66B | €30,102 | €41,490 | +€11,387 | +37.8% |
| Recurring financial charges | 65 | €30,102 | €41,490 | +€11,387 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | -€110,041 | €141,958 | +€252,000 | |
| Income taxes | 67/77 | €2,133 | €570 | -€1,563 | -73.3% |
| Profit (loss) for the period | 9904 | -€112,175 | €141,388 | +€253,562 | |
| Profit (loss) for the period to be appropriated | 9905 | -€112,175 | €141,388 | +€253,562 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.