JEDICO: 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.
JEDICO
Largest movements
- Stocks and contracts -€31,145
down €31,145 (-68.6%), from €45,378 to €14,233
- Cash -€15,903
down €15,903 (-32.7%), from €48,659 to €32,755
mainly Contributions, distributions and other (-€54,000) and Tax, wage and social debts (-€21,800)
- Tangible fixed assets -€14,758
down €14,758 (-22.9%), from €64,510 to €49,753
of which Furniture and vehicles: -€14,320
- Receivables within one year -€12,046
down €12,046 (-37.5%), from €32,116 to €20,070
of which Trade receivables: -€11,997
- Deferred charges and accrued income +€4,128
up €4,128 (+102%), from €4,052 to €8,180
- Tax, wage and social debts -€21,800
down €21,800 (-74.1%), from €29,405 to €7,606
of which Taxes: -€21,800
- Debts after one year -€18,408
down €18,408 (-52.6%), from €34,977 to €16,569
- Reserves -€17,213
down €17,213 (-25.0%), from €68,718 to €51,505
- Current portion of long-term debt -€13,553
down €13,553 (-42.4%), from €31,962 to €18,408
- Other debts +€3,910
up €3,910 (+23.3%), from €16,747 to €20,657
- Other operating charges +€17,840
up €17,840 (+633%), from €2,820 to €20,660
- Gross operating margin -€15,344
down €15,344 (-14.2%), from €108,253 to €92,909
- Staff costs -€6,404
down €6,404 (-57.5%), from €11,129 to €4,726
- Taxes -€4,951
down €4,951 (-30.6%), from €16,169 to €11,218
- Financial income +€3,316
up €3,316 (+1,269%), from €261 to €3,578
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 | €194,714 | €124,990 | -€69,724 | -35.8% |
| Fixed assets | 21/28 | €64,510 | €49,753 | -€14,758 | -22.9% |
| Tangible fixed assets | 22/27 | €64,510 | €49,753 | -€14,758 | -22.9% |
| Plant, machinery and equipment | 23 | €2,063 | €1,626 | -€437 | -21.2% |
| Furniture and vehicles | 24 | €62,447 | €48,127 | -€14,320 | -22.9% |
| Current assets | 29/58 | €130,204 | €75,238 | -€54,967 | -42.2% |
| Stocks and contracts in progress | 3 | €45,378 | €14,233 | -€31,145 | -68.6% |
| Stocks | 30/36 | €45,378 | €14,233 | -€31,145 | -68.6% |
| Amounts receivable within one year | 40/41 | €32,116 | €20,070 | -€12,046 | -37.5% |
| Trade receivables | 40 | €31,285 | €19,288 | -€11,997 | -38.3% |
| Other amounts receivable | 41 | €831 | €782 | -€49 | -5.9% |
| Cash at bank and in hand | 54/58 | €48,659 | €32,755 | -€15,903 | -32.7% |
| Deferred charges and accrued income | 490/1 | €4,052 | €8,180 | +€4,128 | +102% |
| Total equity and liabilities | 10/49 | €194,714 | €124,990 | -€69,724 | -35.8% |
| Equity | 10/15 | €73,718 | €56,505 | -€17,213 | -23.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €68,718 | €51,505 | -€17,213 | -25.0% |
| Distributable reserves | 133 | €68,718 | €51,505 | -€17,213 | -25.0% |
| Amounts payable | 17/49 | €120,996 | €68,485 | -€52,511 | -43.4% |
| Amounts payable after more than one year | 17 | €34,977 | €16,569 | -€18,408 | -52.6% |
| Other amounts payable | 178/9 | €34,977 | €16,569 | -€18,408 | -52.6% |
| Amounts payable within one year | 42/48 | €84,903 | €51,809 | -€33,094 | -39.0% |
| Current portion of amounts payable after more than one year | 42 | €31,962 | €18,408 | -€13,553 | -42.4% |
| Financial debts | 43 | - | €167 | +€167 | |
| Credit institutions | 430/8 | - | €167 | +€167 | |
| Trade debts | 44 | €6,789 | €4,971 | -€1,818 | -26.8% |
| Suppliers | 440/4 | €6,789 | €4,971 | -€1,818 | -26.8% |
| Taxes, remuneration and social security | 45 | €29,405 | €7,606 | -€21,800 | -74.1% |
| Taxes | 450/3 | €29,405 | €7,606 | -€21,800 | -74.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €16,747 | €20,657 | +€3,910 | +23.3% |
| Accrued charges and deferred income | 492/3 | €1,116 | €107 | -€1,009 | -90.4% |
| Remuneration, social security and pensions | 62 | €11,129 | €4,726 | -€6,404 | -57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,184 | €21,090 | +€1,906 | +9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,984 | - | -€1,984 | |
| Other operating charges | 640/8 | €2,820 | €20,660 | +€17,840 | +633% |
| Gross operating margin | 9900 | €108,253 | €92,909 | -€15,344 | -14.2% |
| Operating profit (loss) | 9901 | €73,135 | €46,433 | -€26,702 | -36.5% |
| Financial income | 75/76B | €261 | €3,578 | +€3,316 | +1,269% |
| Recurring financial income | 75 | €261 | €3,578 | +€3,316 | +1,269% |
| Financial charges | 65/66B | €3,828 | €2,006 | -€1,823 | -47.6% |
| Recurring financial charges | 65 | €3,828 | €2,006 | -€1,823 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | €69,568 | €48,005 | -€21,563 | -31.0% |
| Income taxes | 67/77 | €16,169 | €11,218 | -€4,951 | -30.6% |
| Profit (loss) for the period | 9904 | €53,399 | €36,787 | -€16,612 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €53,399 | €36,787 | -€16,612 | -31.1% |
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 13 October 2026 via checked.be.