ELECTRO JDS: 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.
ELECTRO JDS
Largest movements
- Receivables within one year +€38,670
up €38,670 (+296%), from €13,083 to €51,753
of which Trade receivables: +€32,028
- Cash -€11,786
down €11,786 (-7.2%), from €164,165 to €152,379
mainly Receivables within one year (-€38,670) and Contributions, distributions and other (-€17,909)
- Other debts +€21,957
up €21,957 (+57.2%), from €38,388 to €60,345
- Reserves +€6,111
up €6,111 (+4.8%), from €127,716 to €133,828
- Trade debts +€5,053
up €5,053 (+45.8%), from €11,027 to €16,080
- Tax, wage and social debts -€3,772
down €3,772 (-63.4%), from €5,954 to €2,182
- Debts after one year -€3,197
down €3,197 (-15.1%), from €21,196 to €17,999
- Gross operating margin -€4,431
down €4,431 (-9.7%), from €45,831 to €41,400
- Depreciation -€3,210
down €3,210 (-29.8%), from €10,790 to €7,579
- Financial income +€822
up €822 (+60.2%), from €1,367 to €2,189
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 | €219,755 | €246,030 | +€26,275 | +12.0% |
| Fixed assets | 21/28 | €30,514 | €30,240 | -€274 | -0.9% |
| Tangible fixed assets | 22/27 | €30,514 | €30,240 | -€274 | -0.9% |
| Land and buildings | 22 | €23,507 | €27,173 | +€3,666 | +15.6% |
| Plant, machinery and equipment | 23 | €4,552 | €3,050 | -€1,502 | -33.0% |
| Furniture and vehicles | 24 | €2,456 | €17 | -€2,438 | -99.3% |
| Current assets | 29/58 | €189,241 | €215,790 | +€26,548 | +14.0% |
| Stocks and contracts in progress | 3 | €10,349 | €10,656 | +€307 | +3.0% |
| Stocks | 30/36 | €10,349 | €10,656 | +€307 | +3.0% |
| Amounts receivable within one year | 40/41 | €13,083 | €51,753 | +€38,670 | +296% |
| Trade receivables | 40 | €8,638 | €40,665 | +€32,028 | +371% |
| Other amounts receivable | 41 | €4,445 | €11,088 | +€6,642 | +149% |
| Cash at bank and in hand | 54/58 | €164,165 | €152,379 | -€11,786 | -7.2% |
| Deferred charges and accrued income | 490/1 | €1,645 | €1,002 | -€643 | -39.1% |
| Total equity and liabilities | 10/49 | €219,755 | €246,030 | +€26,275 | +12.0% |
| Equity | 10/15 | €140,116 | €146,228 | +€6,111 | +4.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €127,716 | €133,828 | +€6,111 | +4.8% |
| Distributable reserves | 133 | €127,716 | €133,828 | +€6,111 | +4.8% |
| Amounts payable | 17/49 | €79,639 | €99,802 | +€20,163 | +25.3% |
| Amounts payable after more than one year | 17 | €21,196 | €17,999 | -€3,197 | -15.1% |
| Financial debts | 170/4 | €21,196 | €17,999 | -€3,197 | -15.1% |
| Amounts payable within one year | 42/48 | €58,443 | €81,804 | +€23,360 | +40.0% |
| Current portion of amounts payable after more than one year | 42 | €3,074 | €3,197 | +€123 | +4.0% |
| Trade debts | 44 | €11,027 | €16,080 | +€5,053 | +45.8% |
| Suppliers | 440/4 | €11,027 | €16,080 | +€5,053 | +45.8% |
| Taxes, remuneration and social security | 45 | €5,954 | €2,182 | -€3,772 | -63.4% |
| Taxes | 450/3 | €5,954 | €2,182 | -€3,772 | -63.4% |
| Other amounts payable | 47/48 | €38,388 | €60,345 | +€21,957 | +57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,790 | €7,579 | -€3,210 | -29.8% |
| Other operating charges | 640/8 | €2,319 | €1,875 | -€444 | -19.2% |
| Gross operating margin | 9900 | €45,831 | €41,400 | -€4,431 | -9.7% |
| Operating profit (loss) | 9901 | €32,722 | €31,946 | -€777 | -2.4% |
| Financial income | 75/76B | €1,367 | €2,189 | +€822 | +60.2% |
| Recurring financial income | 75 | €1,367 | €2,189 | +€822 | +60.2% |
| Financial charges | 65/66B | €1,269 | €1,160 | -€109 | -8.6% |
| Recurring financial charges | 65 | €1,269 | €1,160 | -€109 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €32,820 | €32,975 | +€154 | +0.5% |
| Income taxes | 67/77 | €9,087 | €8,954 | -€132 | -1.5% |
| Profit (loss) for the period | 9904 | €23,733 | €24,020 | +€287 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,733 | €24,020 | +€287 | +1.2% |
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 27 October 2026 via checked.be.