J.D.P: 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.
J.D.P
Largest movements
- Tangible fixed assets -€14,096
down €14,096 (-32.0%), from €44,092 to €29,996
- Cash -€4,192
down €4,192 (-21.8%), from €19,192 to €15,000
mainly Debts after one year (-€8,681) and Current portion of long-term debt (-€5,192)
- Deferred charges and accrued income -€1,677
down €1,677 (-41.1%), from €4,080 to €2,404
- Debts after one year -€8,681
down €8,681 (-46.1%), from €18,813 to €10,132
- Current portion of long-term debt -€5,192
down €5,192 (-37.4%), from €13,876 to €8,684
- Profit (loss) carried forward -€2,493
down €2,493 (-42.0%), from -€5,938 to -€8,431
- Trade debts -€1,974
down €1,974 (-87.7%), from €2,251 to €278
- Tax, wage and social debts -€1,238
down €1,238 (-35.6%), from €3,477 to €2,240
- Depreciation -€10,252
down €10,252 (-36.4%), from €28,164 to €17,912
- Gross operating margin -€5,990
down €5,990 (-24.1%), from €24,814 to €18,823
- Taxes +€920
new in 2025: €920
- Financial charges -€315
down €315 (-31.1%), from €1,013 to €698
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.
Cash bridge derived
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 | €73,801 | €53,317 | -€20,484 | -27.8% |
| Fixed assets | 21/28 | €44,792 | €30,696 | -€14,096 | -31.5% |
| Tangible fixed assets | 22/27 | €44,092 | €29,996 | -€14,096 | -32.0% |
| Furniture and vehicles | 24 | €44,092 | €29,996 | -€14,096 | -32.0% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €29,009 | €22,621 | -€6,388 | -22.0% |
| Amounts receivable within one year | 40/41 | €5,737 | €5,218 | -€519 | -9.1% |
| Trade receivables | 40 | €5,737 | €4,637 | -€1,100 | -19.2% |
| Other amounts receivable | 41 | - | €580 | +€580 | |
| Cash at bank and in hand | 54/58 | €19,192 | €15,000 | -€4,192 | -21.8% |
| Deferred charges and accrued income | 490/1 | €4,080 | €2,404 | -€1,677 | -41.1% |
| Total equity and liabilities | 10/49 | €73,801 | €53,317 | -€20,484 | -27.8% |
| Equity | 10/15 | €26,901 | €24,408 | -€2,493 | -9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €14,240 | €14,240 | = | 0.0% |
| Distributable reserves | 133 | €14,240 | €14,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,938 | -€8,431 | -€2,493 | -42.0% |
| Amounts payable | 17/49 | €46,900 | €28,909 | -€17,991 | -38.4% |
| Amounts payable after more than one year | 17 | €18,813 | €10,132 | -€8,681 | -46.1% |
| Financial debts | 170/4 | €18,813 | €10,132 | -€8,681 | -46.1% |
| Amounts payable within one year | 42/48 | €28,086 | €18,777 | -€9,309 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €13,876 | €8,684 | -€5,192 | -37.4% |
| Trade debts | 44 | €2,251 | €278 | -€1,974 | -87.7% |
| Suppliers | 440/4 | €2,251 | €278 | -€1,974 | -87.7% |
| Taxes, remuneration and social security | 45 | €3,477 | €2,240 | -€1,238 | -35.6% |
| Taxes | 450/3 | €3,477 | €2,240 | -€1,238 | -35.6% |
| Other amounts payable | 47/48 | €8,482 | €7,576 | -€906 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,164 | €17,912 | -€10,252 | -36.4% |
| Other operating charges | 640/8 | €1,575 | €1,786 | +€211 | +13.4% |
| Gross operating margin | 9900 | €24,814 | €18,823 | -€5,990 | -24.1% |
| Operating profit (loss) | 9901 | -€4,925 | -€875 | +€4,050 | +82.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,013 | €698 | -€315 | -31.1% |
| Recurring financial charges | 65 | €1,013 | €698 | -€315 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,938 | -€1,573 | +€4,365 | +73.5% |
| Income taxes | 67/77 | - | €920 | +€920 | |
| Profit (loss) for the period | 9904 | -€5,938 | -€2,493 | +€3,445 | +58.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,938 | -€2,493 | +€3,445 | +58.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.