NotJed: 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.
NotJed
Largest movements
- Tangible fixed assets +€51,399
up €51,399 (+309.0%), from €16,636 to €68,035
of which Leasing and similar rights: +€61,549
- Current investments +€50,000
up €50,000 (+51.1%), from €97,909 to €147,909
- Cash +€38,585
up €38,585 (+72.2%), from €53,473 to €92,058
mainly Net result for the year (+€162,765) and Other debts (+€87,681)
- Receivables within one year +€3,138
new in 2025: €3,138
of which Trade receivables: +€2,788
- Other debts +€87,681
up €87,681 (+62.5%), from €140,314 to €227,995
- Debts after one year +€44,602
new in 2025: €44,602
- Current portion of long-term debt +€13,170
up €13,170 (+292.9%), from €4,497 to €17,666
- Reserves -€8,320
down €8,320 (-74.2%), from €11,220 to €2,900
- Gross operating margin -€10,519
down €10,519 (-4.3%), from €243,485 to €232,966
- Taxes -€5,191
down €5,191 (-8.8%), from €59,100 to €53,909
- Depreciation +€5,052
up €5,052 (+48.3%), from €10,467 to €15,520
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 | €169,123 | €312,109 | +€142,985 | +84.5% |
| Fixed assets | 21/28 | €16,636 | €68,035 | +€51,399 | +309.0% |
| Tangible fixed assets | 22/27 | €16,636 | €68,035 | +€51,399 | +309.0% |
| Plant, machinery and equipment | 23 | - | €1,079 | +€1,079 | |
| Furniture and vehicles | 24 | €16,636 | €5,407 | -€11,229 | -67.5% |
| Leasing and similar rights | 25 | - | €61,549 | +€61,549 | |
| Current assets | 29/58 | €152,487 | €244,073 | +€91,586 | +60.1% |
| Amounts receivable within one year | 40/41 | - | €3,138 | +€3,138 | |
| Trade receivables | 40 | - | €2,788 | +€2,788 | |
| Other amounts receivable | 41 | - | €351 | +€351 | |
| Current investments | 50/53 | €97,909 | €147,909 | +€50,000 | +51.1% |
| Cash at bank and in hand | 54/58 | €53,473 | €92,058 | +€38,585 | +72.2% |
| Deferred charges and accrued income | 490/1 | €1,105 | €968 | -€137 | -12.4% |
| Total equity and liabilities | 10/49 | €169,123 | €312,109 | +€142,985 | +84.5% |
| Equity | 10/15 | €12,230 | €3,995 | -€8,235 | -67.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €11,220 | €2,900 | -€8,320 | -74.2% |
| Distributable reserves | 133 | €11,220 | €2,900 | -€8,320 | -74.2% |
| Profit (loss) carried forward | 14 | €10 | €95 | +€85 | +853.3% |
| Amounts payable | 17/49 | €156,893 | €308,113 | +€151,220 | +96.4% |
| Amounts payable after more than one year | 17 | - | €44,602 | +€44,602 | |
| Financial debts | 170/4 | - | €44,602 | +€44,602 | |
| Amounts payable within one year | 42/48 | €156,893 | €263,112 | +€106,219 | +67.7% |
| Current portion of amounts payable after more than one year | 42 | €4,497 | €17,666 | +€13,170 | +292.9% |
| Trade debts | 44 | €1,724 | €4,151 | +€2,427 | +140.8% |
| Suppliers | 440/4 | €1,724 | €4,151 | +€2,427 | +140.8% |
| Taxes, remuneration and social security | 45 | €10,359 | €13,300 | +€2,941 | +28.4% |
| Taxes | 450/3 | €10,359 | €11,800 | +€1,441 | +13.9% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €140,314 | €227,995 | +€87,681 | +62.5% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,467 | €15,520 | +€5,052 | +48.3% |
| Other operating charges | 640/8 | €1,142 | €1,861 | +€719 | +63.0% |
| Gross operating margin | 9900 | €243,485 | €232,966 | -€10,519 | -4.3% |
| Operating profit (loss) | 9901 | €231,876 | €215,585 | -€16,290 | -7.0% |
| Financial income | 75/76B | €3,893 | €3,830 | -€63 | -1.6% |
| Recurring financial income | 75 | €3,893 | €3,830 | -€63 | -1.6% |
| Financial charges | 65/66B | €442 | €2,741 | +€2,299 | +520.0% |
| Recurring financial charges | 65 | €442 | €2,741 | +€2,299 | +520.0% |
| Profit (loss) for the period before taxes | 9903 | €235,327 | €216,674 | -€18,652 | -7.9% |
| Income taxes | 67/77 | €59,100 | €53,909 | -€5,191 | -8.8% |
| Profit (loss) for the period | 9904 | €176,226 | €162,765 | -€13,461 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €176,226 | €162,765 | -€13,461 | -7.6% |
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 11 October 2026 via checked.be.