J.D.A. FOREST: 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.
J.D.A. FOREST
Largest movements
- Tangible fixed assets +€81,000
up €81,000 (+3.6%), from €2.3m to €2.3m
- Other debts +€95,000
up €95,000 (+7.2%), from €1.3m to €1.4m
- Trade debts -€33,975
down €33,975 (-79.4%), from €42,782 to €8,807
- Financial charges -€14,100
down €14,100 (-22.4%), from €63,013 to €48,913
- Other operating charges +€3,629
up €3,629 (+151%), from €2,406 to €6,035
- Gross operating margin -€3,410
down €3,410 (-4.4%), from €76,834 to €73,424
- Taxes +€1,820
up €1,820 (+58.5%), from €3,111 to €4,931
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 | €2,280,429 | €2,356,880 | +€76,451 | +3.4% |
| Fixed assets | 21/28 | €2,267,824 | €2,348,824 | +€81,000 | +3.6% |
| Tangible fixed assets | 22/27 | €2,267,824 | €2,348,824 | +€81,000 | +3.6% |
| Land and buildings | 22 | €2,267,824 | €2,348,824 | +€81,000 | +3.6% |
| Current assets | 29/58 | €12,605 | €8,056 | -€4,549 | -36.1% |
| Amounts receivable within one year | 40/41 | €11,564 | €7,611 | -€3,953 | -34.2% |
| Trade receivables | 40 | €11,564 | €7,611 | -€3,953 | -34.2% |
| Cash at bank and in hand | 54/58 | €1,041 | €445 | -€596 | -57.2% |
| Total equity and liabilities | 10/49 | €2,280,429 | €2,356,880 | +€76,451 | +3.4% |
| Equity | 10/15 | €922,989 | €936,534 | +€13,546 | +1.5% |
| Contributions | 10/11 | €21,071 | €21,071 | = | 0.0% |
| Capital | 10 | €21,071 | €21,071 | = | 0.0% |
| Issued capital | 100 | €21,071 | €21,071 | = | 0.0% |
| Reserves | 13 | €2,107 | €2,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,107 | €2,107 | = | 0.0% |
| Legal reserve | 130 | €2,107 | €2,107 | = | 0.0% |
| Profit (loss) carried forward | 14 | €899,811 | €913,356 | +€13,546 | +1.5% |
| Amounts payable | 17/49 | €1,357,440 | €1,420,346 | +€62,906 | +4.6% |
| Amounts payable within one year | 42/48 | €1,357,440 | €1,420,346 | +€62,906 | +4.6% |
| Trade debts | 44 | €42,782 | €8,807 | -€33,975 | -79.4% |
| Suppliers | 440/4 | €42,782 | €8,807 | -€33,975 | -79.4% |
| Taxes, remuneration and social security | 45 | €4,244 | €6,125 | +€1,881 | +44.3% |
| Taxes | 450/3 | €4,244 | €6,125 | +€1,881 | +44.3% |
| Other amounts payable | 47/48 | €1,310,414 | €1,405,414 | +€95,000 | +7.2% |
| Other operating charges | 640/8 | €2,406 | €6,035 | +€3,629 | +151% |
| Gross operating margin | 9900 | €76,834 | €73,424 | -€3,410 | -4.4% |
| Operating profit (loss) | 9901 | €74,428 | €67,390 | -€7,038 | -9.5% |
| Financial charges | 65/66B | €63,013 | €48,913 | -€14,100 | -22.4% |
| Recurring financial charges | 65 | €63,013 | €48,913 | -€14,100 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €11,415 | €18,477 | +€7,062 | +61.9% |
| Income taxes | 67/77 | €3,111 | €4,931 | +€1,820 | +58.5% |
| Profit (loss) for the period | 9904 | €8,304 | €13,546 | +€5,241 | +63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,304 | €13,546 | +€5,241 | +63.1% |
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 24 October 2026 via checked.be.