J.D.P.: 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.P.
Largest movements
- Cash +€24,200
up €24,200 (+18.2%), from €132,642 to €156,842
mainly Net result for the year (+€16,271) and Other debts (+€9,146)
- Receivables within one year -€8,487
down €8,487 (-45.5%), from €18,657 to €10,170
of which Trade receivables: -€5,208
- Other debts +€9,146
up €9,146 (+1,071%), from €854 to €10,000
- Reserves +€6,271
up €6,271 (+2.9%), from €219,446 to €225,718
- Gross operating margin -€32,470
down €32,470 (-50.3%), from €64,509 to €32,039
- Taxes -€12,315
down €12,315 (-69.9%), from €17,607 to €5,292
- Financial income -€1,648
down €1,648 (-34.0%), from €4,844 to €3,196
- Depreciation -€1,484
down €1,484 (-34.1%), from €4,353 to €2,869
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 | €246,876 | €261,961 | +€15,084 | +6.1% |
| Fixed assets | 21/28 | €6,617 | €4,550 | -€2,066 | -31.2% |
| Tangible fixed assets | 22/27 | €6,572 | €4,505 | -€2,066 | -31.4% |
| Land and buildings | 22 | €2,652 | €2,084 | -€568 | -21.4% |
| Plant, machinery and equipment | 23 | €548 | €225 | -€323 | -58.9% |
| Furniture and vehicles | 24 | €3,372 | €2,197 | -€1,175 | -34.9% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €240,260 | €257,410 | +€17,151 | +7.1% |
| Amounts receivable within one year | 40/41 | €18,657 | €10,170 | -€8,487 | -45.5% |
| Trade receivables | 40 | €14,710 | €9,502 | -€5,208 | -35.4% |
| Other amounts receivable | 41 | €3,947 | €668 | -€3,279 | -83.1% |
| Current investments | 50/53 | €86,998 | €88,431 | +€1,433 | +1.6% |
| Cash at bank and in hand | 54/58 | €132,642 | €156,842 | +€24,200 | +18.2% |
| Deferred charges and accrued income | 490/1 | €1,963 | €1,968 | +€5 | +0.3% |
| Total equity and liabilities | 10/49 | €246,876 | €261,961 | +€15,084 | +6.1% |
| Equity | 10/15 | €238,046 | €244,318 | +€6,271 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €219,446 | €225,718 | +€6,271 | +2.9% |
| Distributable reserves | 133 | €219,446 | €225,718 | +€6,271 | +2.9% |
| Amounts payable | 17/49 | €8,830 | €17,643 | +€8,813 | +99.8% |
| Amounts payable within one year | 42/48 | €8,830 | €17,643 | +€8,813 | +99.8% |
| Trade debts | 44 | €1,290 | - | -€1,290 | |
| Suppliers | 440/4 | €1,290 | - | -€1,290 | |
| Taxes, remuneration and social security | 45 | €6,686 | €7,643 | +€957 | +14.3% |
| Taxes | 450/3 | €6,686 | €7,643 | +€957 | +14.3% |
| Other amounts payable | 47/48 | €854 | €10,000 | +€9,146 | +1,071% |
| Non-recurring operating income | 76A | €5,135 | €10,861 | +€5,725 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,353 | €2,869 | -€1,484 | -34.1% |
| Other operating charges | 640/8 | €213 | €219 | +€5 | +2.6% |
| Non-recurring operating charges | 66A | €36 | €10,376 | +€10,339 | +28,475% |
| Gross operating margin | 9900 | €64,509 | €32,039 | -€32,470 | -50.3% |
| Operating profit (loss) | 9901 | €59,907 | €18,576 | -€41,331 | -69.0% |
| Financial income | 75/76B | €4,844 | €3,196 | -€1,648 | -34.0% |
| Recurring financial income | 75 | €4,844 | €3,196 | -€1,648 | -34.0% |
| Financial charges | 65/66B | -€0 | €209 | +€209 | |
| Recurring financial charges | 65 | -€0 | €209 | +€209 | |
| Profit (loss) for the period before taxes | 9903 | €64,751 | €21,563 | -€43,188 | -66.7% |
| Income taxes | 67/77 | €17,607 | €5,292 | -€12,315 | -69.9% |
| Profit (loss) for the period | 9904 | €47,145 | €16,271 | -€30,873 | -65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,145 | €16,271 | -€30,873 | -65.5% |
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 14 October 2026 via checked.be.