JEDRAS: 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.
JEDRAS
Largest movements
- Receivables within one year +€16,555
up €16,555 (+165550.8%), from €10 to €16,565
of which Other amounts receivable: +€15,951
- Profit (loss) carried forward +€13,838
up €13,838 (+18.2%), from -€75,979 to -€62,141
- Gross operating margin -€14,168
down €14,168 (-28.1%), from €50,351 to €36,183
- Depreciation -€4,295
down €4,295 (-19.1%), from €22,466 to €18,171
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.
Cash bridge derived
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 | €506,031 | €517,938 | +€11,906 | +2.4% |
| Fixed assets | 21/28 | €450,964 | €446,444 | -€4,520 | -1.0% |
| Tangible fixed assets | 22/27 | €450,964 | €446,444 | -€4,520 | -1.0% |
| Land and buildings | 22 | €334,670 | €330,150 | -€4,520 | -1.4% |
| Other tangible fixed assets | 26 | €116,294 | €116,294 | = | 0.0% |
| Current assets | 29/58 | €55,067 | €71,494 | +€16,426 | +29.8% |
| Amounts receivable within one year | 40/41 | €10 | €16,565 | +€16,555 | +165550.8% |
| Trade receivables | 40 | €0 | €604 | +€604 | |
| Other amounts receivable | 41 | €10 | €15,961 | +€15,951 | +159508.8% |
| Cash at bank and in hand | 54/58 | €54,838 | €53,712 | -€1,126 | -2.1% |
| Deferred charges and accrued income | 490/1 | €219 | €1,217 | +€997 | +455.0% |
| Total equity and liabilities | 10/49 | €506,031 | €517,938 | +€11,906 | +2.4% |
| Equity | 10/15 | €171,360 | €185,198 | +€13,838 | +8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €185,000 | €185,000 | = | 0.0% |
| Reserves | 13 | €339 | €339 | = | 0.0% |
| Non-distributable reserves | 130/1 | €339 | €339 | = | 0.0% |
| Legal reserve | 130 | €339 | €339 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,979 | -€62,141 | +€13,838 | +18.2% |
| Amounts payable | 17/49 | €334,672 | €332,740 | -€1,932 | -0.6% |
| Amounts payable after more than one year | 17 | €77,026 | €77,026 | = | 0.0% |
| Other amounts payable | 178/9 | €77,026 | €77,026 | = | 0.0% |
| Amounts payable within one year | 42/48 | €257,646 | €254,214 | -€3,432 | -1.3% |
| Trade debts | 44 | €1,167 | €857 | -€310 | -26.6% |
| Suppliers | 440/4 | €1,167 | €857 | -€310 | -26.6% |
| Other amounts payable | 47/48 | €256,479 | €253,357 | -€3,121 | -1.2% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,466 | €18,171 | -€4,295 | -19.1% |
| Other operating charges | 640/8 | €3,820 | €3,978 | +€158 | +4.1% |
| Gross operating margin | 9900 | €50,351 | €36,183 | -€14,168 | -28.1% |
| Operating profit (loss) | 9901 | €24,065 | €14,034 | -€10,030 | -41.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €161 | €196 | +€35 | +21.7% |
| Recurring financial charges | 65 | €161 | €196 | +€35 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €23,904 | €13,838 | -€10,066 | -42.1% |
| Profit (loss) for the period | 9904 | €23,904 | €13,838 | -€10,066 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,904 | €13,838 | -€10,066 | -42.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.