J.D.L.D.: 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.L.D.
Largest movements
- Receivables within one year -€38,826
down €38,826 (-77.5%), from €50,089 to €11,262
of which Other amounts receivable: -€33,850
- Tangible fixed assets -€4,592
down €4,592 (-1.3%), from €353,787 to €349,195
of which Land and buildings: -€30,276
- Debts after one year -€32,403
down €32,403 (-22.4%), from €144,653 to €112,250
- Profit (loss) carried forward -€7,752
down €7,752 (-10.4%), from -€74,668 to -€82,420
- Trade debts -€4,577
down €4,577 (-92.0%), from €4,977 to €400
- Gross operating margin -€3,304
down €3,304 (-9.0%), from €36,675 to €33,371
- Depreciation +€2,079
up €2,079 (+6.9%), from €30,276 to €32,354
- Financial charges -€710
down €710 (-19.0%), from €3,736 to €3,026
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 | €406,795 | €362,633 | -€44,162 | -10.9% |
| Fixed assets | 21/28 | €353,787 | €349,195 | -€4,592 | -1.3% |
| Tangible fixed assets | 22/27 | €353,787 | €349,195 | -€4,592 | -1.3% |
| Land and buildings | 22 | €353,787 | €323,512 | -€30,276 | -8.6% |
| Plant, machinery and equipment | 23 | - | €25,683 | +€25,683 | |
| Current assets | 29/58 | €53,008 | €13,438 | -€39,570 | -74.6% |
| Amounts receivable within one year | 40/41 | €50,089 | €11,262 | -€38,826 | -77.5% |
| Trade receivables | 40 | €4,977 | €0 | -€4,977 | -100% |
| Other amounts receivable | 41 | €45,112 | €11,262 | -€33,850 | -75.0% |
| Cash at bank and in hand | 54/58 | €2,919 | €2,175 | -€743 | -25.5% |
| Total equity and liabilities | 10/49 | €406,795 | €362,633 | -€44,162 | -10.9% |
| Equity | 10/15 | €225,332 | €217,580 | -€7,752 | -3.4% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,668 | -€82,420 | -€7,752 | -10.4% |
| Amounts payable | 17/49 | €181,463 | €145,053 | -€36,410 | -20.1% |
| Amounts payable after more than one year | 17 | €144,653 | €112,250 | -€32,403 | -22.4% |
| Financial debts | 170/4 | €144,653 | €112,250 | -€32,403 | -22.4% |
| Amounts payable within one year | 42/48 | €36,810 | €32,803 | -€4,007 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €31,833 | €32,403 | +€569 | +1.8% |
| Trade debts | 44 | €4,977 | €400 | -€4,577 | -92.0% |
| Suppliers | 440/4 | €4,977 | €400 | -€4,577 | -92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,276 | €32,354 | +€2,079 | +6.9% |
| Other operating charges | 640/8 | €6,083 | €5,776 | -€307 | -5.0% |
| Gross operating margin | 9900 | €36,675 | €33,371 | -€3,304 | -9.0% |
| Operating profit (loss) | 9901 | €317 | -€4,759 | -€5,076 | |
| Financial income | 75/76B | - | €34 | +€34 | |
| Recurring financial income | 75 | - | €34 | +€34 | |
| Financial charges | 65/66B | €3,736 | €3,026 | -€710 | -19.0% |
| Recurring financial charges | 65 | €3,736 | €3,026 | -€710 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,419 | -€7,752 | -€4,333 | -127% |
| Profit (loss) for the period | 9904 | -€3,419 | -€7,752 | -€4,333 | -127% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,419 | -€7,752 | -€4,333 | -127% |
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 26 October 2026 via checked.be.