JEDECO: 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.
JEDECO
Largest movements
- Receivables within one year -€30,705
down €30,705 (-46.8%), from €65,569 to €34,864
of which Trade receivables: -€21,084
- Cash +€29,554
up €29,554 (+61.2%), from €48,281 to €77,835
mainly Receivables within one year (+€30,705) and Net result for the year (+€3,643)
- Receivables after one year +€7,075
up €7,075 (+11.5%), from €61,296 to €68,370
- Reserves +€3,643
up €3,643 (+2.7%), from €136,936 to €140,579
- Tax, wage and social debts +€3,185
up €3,185 (+15.4%), from €20,707 to €23,892
of which Taxes: +€4,670
- Gross operating margin +€21,938
up €21,938, from -€7,532 to €14,405
- Staff costs +€815
up €815 (+7.1%), from €11,542 to €12,356
- Other operating charges -€372
down €372 (-44.6%), from €834 to €462
- Taxes +€364
new in 2025: €364
- Financial income +€274
up €274 (+11.8%), from €2,319 to €2,593
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 | €177,677 | €183,663 | +€5,986 | +3.4% |
| Current assets | 29/58 | €177,677 | €183,663 | +€5,986 | +3.4% |
| Amounts receivable after more than one year | 29 | €61,296 | €68,370 | +€7,075 | +11.5% |
| Other amounts receivable | 291 | €61,296 | €68,370 | +€7,075 | +11.5% |
| Amounts receivable within one year | 40/41 | €65,569 | €34,864 | -€30,705 | -46.8% |
| Trade receivables | 40 | €55,569 | €34,485 | -€21,084 | -37.9% |
| Other amounts receivable | 41 | €10,000 | €379 | -€9,621 | -96.2% |
| Cash at bank and in hand | 54/58 | €48,281 | €77,835 | +€29,554 | +61.2% |
| Deferred charges and accrued income | 490/1 | €2,531 | €2,593 | +€63 | +2.5% |
| Total equity and liabilities | 10/49 | €177,677 | €183,663 | +€5,986 | +3.4% |
| Equity | 10/15 | €155,486 | €159,129 | +€3,643 | +2.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €136,936 | €140,579 | +€3,643 | +2.7% |
| Distributable reserves | 133 | €136,936 | €140,579 | +€3,643 | +2.7% |
| Amounts payable | 17/49 | €22,191 | €24,534 | +€2,344 | +10.6% |
| Amounts payable within one year | 42/48 | €22,191 | €24,534 | +€2,344 | +10.6% |
| Trade debts | 44 | €1,483 | €642 | -€841 | -56.7% |
| Suppliers | 440/4 | €1,483 | €642 | -€841 | -56.7% |
| Taxes, remuneration and social security | 45 | €20,707 | €23,892 | +€3,185 | +15.4% |
| Taxes | 450/3 | €12,515 | €17,185 | +€4,670 | +37.3% |
| Remuneration and social security | 454/9 | €8,192 | €6,707 | -€1,485 | -18.1% |
| Remuneration, social security and pensions | 62 | €11,542 | €12,356 | +€815 | +7.1% |
| Other operating charges | 640/8 | €834 | €462 | -€372 | -44.6% |
| Gross operating margin | 9900 | -€7,532 | €14,405 | +€21,938 | |
| Operating profit (loss) | 9901 | -€19,908 | €1,587 | +€21,495 | |
| Financial income | 75/76B | €2,319 | €2,593 | +€274 | +11.8% |
| Recurring financial income | 75 | €2,319 | €2,593 | +€274 | +11.8% |
| Financial charges | 65/66B | €214 | €173 | -€41 | -19.1% |
| Recurring financial charges | 65 | €214 | €173 | -€41 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,803 | €4,007 | +€21,810 | |
| Income taxes | 67/77 | - | €364 | +€364 | |
| Profit (loss) for the period | 9904 | -€17,803 | €3,643 | +€21,446 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,803 | €3,643 | +€21,446 |
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 28 October 2026 via checked.be.