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J.D. & C°: 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

J.D. & C°

BE 0459.557.690
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€15,787
2024 · €116,936-€101,149
Equity
€841,931
2024 · €826,978+€14,954
Cash
€35,058
2024 · €19,060+€15,998
Balance sheet total
€1.9m
2024 · €1.3m+€680,741

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€739,212

    up €739,212 (+157.5%), from €469,437 to €1.2m

    of which Land and buildings: +€743,904

  • Receivables after one year -€47,000

    down €47,000 (-24.9%), from €189,050 to €142,050

  • Receivables within one year -€27,429

    down €27,429 (-5.0%), from €552,351 to €524,922

    of which Trade receivables: -€30,868

Equity and liabilities
  • Debts after one year +€676,860

    up €676,860 (+320.3%), from €211,330 to €888,190

  • Current portion of long-term debt +€35,215

    up €35,215 (+79.2%), from €44,491 to €79,705

  • Tax, wage and social debts -€30,543

    down €30,543 (-64.6%), from €47,303 to €16,761

Income statement
  • Depreciation +€107,316

    up €107,316 (+394.3%), from €27,218 to €134,534

  • Gross operating margin -€39,877

    down €39,877 (-21.2%), from €188,245 to €148,368

  • Taxes -€31,291

    down €31,291 (-57.6%), from €54,348 to €23,058

  • Financial income +€21,630

    up €21,630 (+101.2%), from €21,378 to €43,008

  • Financial charges +€20,001

    up €20,001 (+262.5%), from €7,621 to €27,622

From the 2024 result to the 2025 result

effect on the 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 €116,936
Gross operating margin -€39,877
Depreciation -€107,316
Other operating charges -€514
Financial income +€21,630
Financial charges -€20,001
Taxes +€31,291
Deferred taxes and other +€13,638
Result 2025 €15,787

Cash bridge derived

cash 2024 to 2025

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 +€176,659
Investment -€871,902
Financing +€711,241
Cash 2024 €19,060
Net result for the year +€15,787
Depreciation +€134,534
Receivables after one year +€47,000
Receivables within one year +€27,429
Smaller working-capital items +€328
Provisions -€13,638
Trade debts -€6,554
Tax, wage and social debts -€30,543
Other debts +€2,317
Investment in fixed assets (net) -€871,902
Debts after one year +€676,860
Current portion of long-term debt +€35,215
Contributions, distributions and other -€833
Cash 2025 €35,058
Every line side by side 49 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,259,731 €1,940,472 +€680,741 +54.0%
Fixed assets 21/28 €493,619 €1,230,987 +€737,368 +149.4%
Intangible fixed assets 21 €14,181 €12,338 -€1,844 -13.0%
Tangible fixed assets 22/27 €469,437 €1,208,649 +€739,212 +157.5%
Land and buildings 22 €463,229 €1,207,134 +€743,904 +160.6%
Furniture and vehicles 24 €6,208 €1,515 -€4,692 -75.6%
Financial fixed assets 28 €10,000 €10,000 = 0.0%
Current assets 29/58 €766,113 €709,485 -€56,628 -7.4%
Amounts receivable after more than one year 29 €189,050 €142,050 -€47,000 -24.9%
Other amounts receivable 291 €189,050 €142,050 -€47,000 -24.9%
Amounts receivable within one year 40/41 €552,351 €524,922 -€27,429 -5.0%
Trade receivables 40 €35,197 €4,329 -€30,868 -87.7%
Other amounts receivable 41 €517,154 €520,593 +€3,439 +0.7%
Cash at bank and in hand 54/58 €19,060 €35,058 +€15,998 +83.9%
Deferred charges and accrued income 490/1 €5,651 €7,454 +€1,803 +31.9%
Total equity and liabilities 10/49 €1,259,731 €1,940,472 +€680,741 +54.0%
Equity 10/15 €826,978 €841,931 +€14,954 +1.8%
Contributions 10/11 €18,592 €18,592 = 0.0%
Reserves 13 €802,744 €817,688 +€14,945 +1.9%
Tax-exempt reserves 132 €352,334 €311,418 -€40,915 -11.6%
Distributable reserves 133 €450,410 €506,270 +€55,860 +12.4%
Profit (loss) carried forward 14 €5,642 €5,651 +€9 +0.2%
Provisions and deferred taxes 16 €114,567 €100,928 -€13,638 -11.9%
Deferred taxes 168 €114,567 €100,928 -€13,638 -11.9%
Amounts payable 17/49 €318,187 €997,612 +€679,425 +213.5%
Amounts payable after more than one year 17 €211,330 €888,190 +€676,860 +320.3%
Financial debts 170/4 €211,330 €888,190 +€676,860 +320.3%
Amounts payable within one year 42/48 €106,857 €107,291 +€435 +0.4%
Current portion of amounts payable after more than one year 42 €44,491 €79,705 +€35,215 +79.2%
Trade debts 44 €9,350 €2,796 -€6,554 -70.1%
Suppliers 440/4 €9,350 €2,796 -€6,554 -70.1%
Taxes, remuneration and social security 45 €47,303 €16,761 -€30,543 -64.6%
Taxes 450/3 €47,303 €16,761 -€30,543 -64.6%
Other amounts payable 47/48 €5,713 €8,030 +€2,317 +40.6%
Accrued charges and deferred income 492/3 - €2,131 +€2,131
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €27,218 €134,534 +€107,316 +394.3%
Other operating charges 640/8 €3,501 €4,014 +€514 +14.7%
Gross operating margin 9900 €188,245 €148,368 -€39,877 -21.2%
Operating profit (loss) 9901 €157,527 €9,820 -€147,707 -93.8%
Financial income 75/76B €21,378 €43,008 +€21,630 +101.2%
Recurring financial income 75 €21,378 €43,008 +€21,630 +101.2%
Financial charges 65/66B €7,621 €27,622 +€20,001 +262.5%
Recurring financial charges 65 €7,621 €27,622 +€20,001 +262.5%
Profit (loss) for the period before taxes 9903 €171,284 €25,206 -€146,079 -85.3%
Transfer from deferred taxes 780 - €13,638 +€13,638
Income taxes 67/77 €54,348 €23,058 -€31,291 -57.6%
Profit (loss) for the period 9904 €116,936 €15,787 -€101,149 -86.5%
Transfer from tax-exempt reserves 789 - €40,915 +€40,915
Profit (loss) for the period to be appropriated 9905 €116,936 €56,702 -€60,234 -51.5%

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 30 September 2026 via checked.be.