JIDE: 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.
What changed
JIDE
NACE 25.999, Manufacture of fabricated metal products, except machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€147,472
2024 · €927,440-€779,968
Equity
€677,887
2024 · €537,610+€140,277
Cash
€388,536
2024 · €401,493-€12,957
Balance sheet total
€5.3m
2024 · €8.9m-€3.6m
Largest movements
Assets
- Receivables within one year -€2.1m
down €2.1m (-70.6%), from €3.0m to €877,440
of which Other amounts receivable: -€1.8m
- Current investments -€1.0m
no longer reported in 2025 (was €1.0m)
- Tangible fixed assets -€305,191
down €305,191 (-10.1%), from €3.0m to €2.7m
- Deferred charges and accrued income -€121,724
down €121,724 (-92.2%), from €132,000 to €10,276
Equity and liabilities
- Other debts -€2.1m
down €2.1m (-51.7%), from €4.0m to €2.0m
- Short-term financial debts -€909,672
no longer reported in 2025 (was €909,672)
- Trade debts -€555,131
down €555,131 (-73.9%), from €751,493 to €196,363
- Debts after one year -€216,675
down €216,675 (-10.1%), from €2.2m to €1.9m
- Profit (loss) carried forward +€172,348
up €172,348 (+164.8%), from €104,603 to €276,952
Income statement
- Gross operating margin -€926,208
down €926,208 (-29.9%), from €3.1m to €2.2m
- Taxes -€221,059
down €221,059 (-75.1%), from €294,505 to €73,446
- Depreciation +€150,044
up €150,044 (+44.7%), from €335,432 to €485,476
- Financial income -€66,777
down €66,777 (-59.7%), from €111,784 to €45,008
- Staff costs -€61,567
down €61,567 (-4.3%), from €1.4m to €1.4m
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.
Result 2024
€927,440
Gross operating margin
-€926,208
Staff costs
+€61,567
Depreciation
-€150,044
Write-downs
+€39,211
Other operating charges
+€15,420
Financial income
-€66,777
Financial charges
+€26,151
Taxes
+€221,059
Deferred taxes and other
-€346
Result 2025
€147,472
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.
From operations
+€284,389
Investment
+€799,422
Financing
-€1.1m
Cash 2024
€401,493
From operations (derived)
+€284,389
Net result for the year
+€147,472
Depreciation
+€485,476
Stocks and contracts
+€84,897
Receivables within one year
+€2.1m
Deferred charges and accrued income
+€121,724
Provisions
-€8,292
Trade debts
-€555,131
Tax, wage and social debts
+€29
Other debts
-€2.1m
Accrued charges and deferred income
-€9,729
Investment (derived)
+€799,422
Investment in fixed assets (net)
-€200,578
Current investments
+€1.0m
Financing
-€1.1m
Debts after one year
-€216,675
Current portion of long-term debt
+€36,775
Short-term financial debts
-€909,672
Contributions, distributions and other
-€7,195
Cash 2025
€388,536
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,940,116 | €5,329,062 | -€3.6m | -40.4% |
| Fixed assets | 21/28 | €3,031,990 | €2,747,092 | -€284,898 | -9.4% |
| Intangible fixed assets | 21 | €13,233 | €33,527 | +€20,293 | +153.3% |
| Tangible fixed assets | 22/27 | €3,017,717 | €2,712,526 | -€305,191 | -10.1% |
| Land and buildings | 22 | €1,795,340 | €1,662,224 | -€133,117 | -7.4% |
| Plant, machinery and equipment | 23 | €325,590 | €290,789 | -€34,801 | -10.7% |
| Furniture and vehicles | 24 | €110,350 | €144,461 | +€34,111 | +30.9% |
| Leasing and similar rights | 25 | €660,900 | €535,033 | -€125,868 | -19.0% |
| Other tangible fixed assets | 26 | €125,537 | €80,020 | -€45,517 | -36.3% |
| Financial fixed assets | 28 | €1,040 | €1,040 | = | 0.0% |
| Current assets | 29/58 | €5,908,126 | €2,581,969 | -€3.3m | -56.3% |
| Stocks and contracts in progress | 3 | €1,390,615 | €1,305,718 | -€84,897 | -6.1% |
| Stocks | 30/36 | €1,390,615 | €1,305,718 | -€84,897 | -6.1% |
| Amounts receivable within one year | 40/41 | €2,984,019 | €877,440 | -€2.1m | -70.6% |
| Trade receivables | 40 | €775,923 | €496,056 | -€279,868 | -36.1% |
| Other amounts receivable | 41 | €2,208,095 | €381,384 | -€1.8m | -82.7% |
| Current investments | 50/53 | €1,000,000 | - | -€1.0m | |
| Cash at bank and in hand | 54/58 | €401,493 | €388,536 | -€12,957 | -3.2% |
| Deferred charges and accrued income | 490/1 | €132,000 | €10,276 | -€121,724 | -92.2% |
| Total equity and liabilities | 10/49 | €8,940,116 | €5,329,062 | -€3.6m | -40.4% |
| Equity | 10/15 | €537,610 | €677,887 | +€140,277 | +26.1% |
| 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% |
| Reserves | 13 | €345,964 | €321,088 | -€24,876 | -7.2% |
| Non-distributable reserves | 130/1 | €60,853 | €60,853 | = | 0.0% |
| Legal reserve | 130 | €60,853 | €60,853 | = | 0.0% |
| Tax-exempt reserves | 132 | €285,112 | €260,235 | -€24,876 | -8.7% |
| Profit (loss) carried forward | 14 | €104,603 | €276,952 | +€172,348 | +164.8% |
| Investment grants | 15 | €25,042 | €17,847 | -€7,195 | -28.7% |
| Provisions and deferred taxes | 16 | €92,133 | €83,841 | -€8,292 | -9.0% |
| Deferred taxes | 168 | €92,133 | €83,841 | -€8,292 | -9.0% |
| Amounts payable | 17/49 | €8,310,373 | €4,567,334 | -€3.7m | -45.0% |
| Amounts payable after more than one year | 17 | €2,153,411 | €1,936,736 | -€216,675 | -10.1% |
| Financial debts | 170/4 | €2,153,411 | €1,936,736 | -€216,675 | -10.1% |
| Amounts payable within one year | 42/48 | €6,140,738 | €2,624,103 | -€3.5m | -57.3% |
| Current portion of amounts payable after more than one year | 42 | €333,652 | €370,427 | +€36,775 | +11.0% |
| Financial debts | 43 | €909,672 | - | -€909,672 | |
| Credit institutions | 430/8 | €909,672 | - | -€909,672 | |
| Trade debts | 44 | €751,493 | €196,363 | -€555,131 | -73.9% |
| Suppliers | 440/4 | €751,493 | €196,363 | -€555,131 | -73.9% |
| Taxes, remuneration and social security | 45 | €106,362 | €106,391 | +€29 | 0.0% |
| Taxes | 450/3 | €22,560 | €41,751 | +€19,192 | +85.1% |
| Remuneration and social security | 454/9 | €83,803 | €64,640 | -€19,163 | -22.9% |
| Other amounts payable | 47/48 | €4,039,559 | €1,950,922 | -€2.1m | -51.7% |
| Accrued charges and deferred income | 492/3 | €16,224 | €6,495 | -€9,729 | -60.0% |
| Remuneration, social security and pensions | 62 | €1,425,251 | €1,363,684 | -€61,567 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335,432 | €485,476 | +€150,044 | +44.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,605 | -€19,605 | -€39,211 | |
| Other operating charges | 640/8 | €29,324 | €13,904 | -€15,420 | -52.6% |
| Gross operating margin | 9900 | €3,097,473 | €2,171,265 | -€926,208 | -29.9% |
| Operating profit (loss) | 9901 | €1,287,860 | €327,806 | -€960,054 | -74.5% |
| Financial income | 75/76B | €111,784 | €45,008 | -€66,777 | -59.7% |
| Recurring financial income | 75 | €111,784 | €45,008 | -€66,777 | -59.7% |
| Financial charges | 65/66B | €186,338 | €160,187 | -€26,151 | -14.0% |
| Recurring financial charges | 65 | €186,338 | €160,187 | -€26,151 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €1,213,306 | €212,626 | -€1.0m | -82.5% |
| Transfer from deferred taxes | 780 | €8,639 | €8,292 | -€346 | -4.0% |
| Income taxes | 67/77 | €294,505 | €73,446 | -€221,059 | -75.1% |
| Profit (loss) for the period | 9904 | €927,440 | €147,472 | -€779,968 | -84.1% |
| Transfer from tax-exempt reserves | 789 | €25,916 | €24,876 | -€1,039 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €953,355 | €172,348 | -€781,007 | -81.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.