JEDEC: 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.
JEDEC
Largest movements
- Cash +€287,617
up €287,617 (+146.1%), from €196,865 to €484,481
mainly Net result for the year (+€449,188) and Depreciation (+€70,278)
- Receivables within one year +€69,326
up €69,326 (+3.6%), from €1.9m to €2.0m
of which Other amounts receivable: +€447,791
- Tangible fixed assets -€55,038
down €55,038 (-3.8%), from €1.5m to €1.4m
of which Land and buildings: -€49,171
- Reserves +€449,188
up €449,188 (+18.3%), from €2.5m to €2.9m
of which Distributable reserves: +€226,419
- Debts after one year -€115,788
down €115,788 (-35.7%), from €324,584 to €208,796
- Other debts +€53,428
up €53,428 (+30.6%), from €174,748 to €228,175
- Current portion of long-term debt -€50,421
down €50,421 (-31.7%), from €158,852 to €108,431
- Other operating charges -€57,419
down €57,419 (-86.9%), from €66,088 to €8,669
- Depreciation -€30,049
down €30,049 (-30.0%), from €100,327 to €70,278
- Gross operating margin -€12,584
down €12,584 (-1.8%), from €688,301 to €675,717
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,925,975 | €4,224,510 | +€298,535 | +7.6% |
| Fixed assets | 21/28 | €1,461,496 | €1,396,583 | -€64,913 | -4.4% |
| Intangible fixed assets | 21 | €9,875 | - | -€9,875 | |
| Tangible fixed assets | 22/27 | €1,451,621 | €1,396,583 | -€55,038 | -3.8% |
| Land and buildings | 22 | €1,425,029 | €1,375,858 | -€49,171 | -3.5% |
| Plant, machinery and equipment | 23 | €22,562 | €17,473 | -€5,088 | -22.6% |
| Furniture and vehicles | 24 | €4,031 | €3,252 | -€778 | -19.3% |
| Current assets | 29/58 | €2,464,478 | €2,827,926 | +€363,448 | +14.7% |
| Stocks and contracts in progress | 3 | €334,673 | €340,025 | +€5,352 | +1.6% |
| Stocks | 30/36 | €334,673 | €340,025 | +€5,352 | +1.6% |
| Amounts receivable within one year | 40/41 | €1,926,591 | €1,995,918 | +€69,326 | +3.6% |
| Trade receivables | 40 | €750,719 | €372,255 | -€378,465 | -50.4% |
| Other amounts receivable | 41 | €1,175,872 | €1,623,663 | +€447,791 | +38.1% |
| Cash at bank and in hand | 54/58 | €196,865 | €484,481 | +€287,617 | +146.1% |
| Deferred charges and accrued income | 490/1 | €6,350 | €7,503 | +€1,153 | +18.2% |
| Total equity and liabilities | 10/49 | €3,925,975 | €4,224,510 | +€298,535 | +7.6% |
| Equity | 10/15 | €2,722,507 | €3,171,695 | +€449,188 | +16.5% |
| Contributions | 10/11 | €263,941 | €263,941 | = | 0.0% |
| Reserves | 13 | €2,458,566 | €2,907,754 | +€449,188 | +18.3% |
| Non-distributable reserves | 130/1 | €26,394 | €26,394 | = | 0.0% |
| Reserves not available under the articles | 1311 | €26,394 | €26,394 | = | 0.0% |
| Tax-exempt reserves | 132 | €730,640 | €953,408 | +€222,768 | +30.5% |
| Distributable reserves | 133 | €1,701,532 | €1,927,952 | +€226,419 | +13.3% |
| Provisions and deferred taxes | 16 | €43,053 | €40,126 | -€2,927 | -6.8% |
| Deferred taxes | 168 | €43,053 | €40,126 | -€2,927 | -6.8% |
| Amounts payable | 17/49 | €1,160,414 | €1,012,689 | -€147,725 | -12.7% |
| Amounts payable after more than one year | 17 | €324,584 | €208,796 | -€115,788 | -35.7% |
| Financial debts | 170/4 | €324,584 | €208,796 | -€115,788 | -35.7% |
| Amounts payable within one year | 42/48 | €835,590 | €802,402 | -€33,188 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €158,852 | €108,431 | -€50,421 | -31.7% |
| Trade debts | 44 | €346,981 | €336,031 | -€10,950 | -3.2% |
| Suppliers | 440/4 | €346,981 | €336,031 | -€10,950 | -3.2% |
| Taxes, remuneration and social security | 45 | €155,009 | €129,764 | -€25,244 | -16.3% |
| Taxes | 450/3 | €155,009 | €126,817 | -€28,192 | -18.2% |
| Remuneration and social security | 454/9 | - | €2,947 | +€2,947 | |
| Other amounts payable | 47/48 | €174,748 | €228,175 | +€53,428 | +30.6% |
| Accrued charges and deferred income | 492/3 | €240 | €1,490 | +€1,250 | +520.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,327 | €70,278 | -€30,049 | -30.0% |
| Other operating charges | 640/8 | €66,088 | €8,669 | -€57,419 | -86.9% |
| Gross operating margin | 9900 | €688,301 | €675,717 | -€12,584 | -1.8% |
| Operating profit (loss) | 9901 | €521,887 | €596,770 | +€74,884 | +14.3% |
| Financial income | 75/76B | €37,964 | €42,161 | +€4,196 | +11.1% |
| Recurring financial income | 75 | €37,964 | €42,161 | +€4,196 | +11.1% |
| Financial charges | 65/66B | €12,561 | €11,737 | -€824 | -6.6% |
| Recurring financial charges | 65 | €12,561 | €11,737 | -€824 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €547,290 | €627,194 | +€79,904 | +14.6% |
| Transfer from deferred taxes | 780 | €6,580 | €2,927 | -€3,653 | -55.5% |
| Income taxes | 67/77 | €181,509 | €180,934 | -€575 | -0.3% |
| Profit (loss) for the period | 9904 | €372,361 | €449,188 | +€76,827 | +20.6% |
| Transfer from tax-exempt reserves | 789 | €128,240 | €8,782 | -€119,458 | -93.2% |
| Transfer to tax-exempt reserves | 689 | €126,300 | €231,550 | +€105,250 | +83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €374,301 | €226,419 | -€147,881 | -39.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2022 and 31 January 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.