J&D Performance Horses: 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 Performance Horses
Largest movements
- Tangible fixed assets +€27,926
new in 2025: €27,926
- Cash +€6,365
up €6,365 (+170%), from €3,755 to €10,121
mainly Debts after one year (+€19,954) and Current portion of long-term debt (+€7,698)
- Deferred charges and accrued income -€1,210
no longer reported in 2025 (was €1,210)
- Receivables within one year -€801
no longer reported in 2025 (was €801)
- Debts after one year +€19,954
new in 2025: €19,954
- Current portion of long-term debt +€7,698
new in 2025: €7,698
- Profit (loss) carried forward +€3,432
up €3,432 (+1,332%), from €258 to €3,689
- Other debts +€656
new in 2025: €656
- Accrued charges and deferred income +€408
new in 2025: €408
- Gross operating margin +€9,981
up €9,981 (+1,352%), from €738 to €10,720
- Depreciation +€4,074
new in 2025: €4,074
- Other operating charges +€1,095
up €1,095 (+298%), from €367 to €1,462
- Financial charges +€846
up €846 (+1,710%), from €49 to €896
- Taxes +€794
up €794 (+1,232%), from €64 to €858
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 | €5,766 | €38,047 | +€32,281 | +560% |
| Fixed assets | 21/28 | - | €27,926 | +€27,926 | |
| Tangible fixed assets | 22/27 | - | €27,926 | +€27,926 | |
| Furniture and vehicles | 24 | - | €27,926 | +€27,926 | |
| Current assets | 29/58 | €5,766 | €10,121 | +€4,355 | +75.5% |
| Amounts receivable within one year | 40/41 | €801 | - | -€801 | |
| Trade receivables | 40 | €801 | - | -€801 | |
| Cash at bank and in hand | 54/58 | €3,755 | €10,121 | +€6,365 | +170% |
| Deferred charges and accrued income | 490/1 | €1,210 | - | -€1,210 | |
| Total equity and liabilities | 10/49 | €5,766 | €38,047 | +€32,281 | +560% |
| Equity | 10/15 | €3,258 | €6,689 | +€3,432 | +105% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258 | €3,689 | +€3,432 | +1,332% |
| Amounts payable | 17/49 | €2,509 | €31,358 | +€28,849 | +1,150% |
| Amounts payable after more than one year | 17 | - | €19,954 | +€19,954 | |
| Financial debts | 170/4 | - | €19,954 | +€19,954 | |
| Amounts payable within one year | 42/48 | €2,509 | €10,996 | +€8,487 | +338% |
| Current portion of amounts payable after more than one year | 42 | - | €7,698 | +€7,698 | |
| Trade debts | 44 | €1,693 | €1,448 | -€246 | -14.5% |
| Suppliers | 440/4 | €1,693 | €1,448 | -€246 | -14.5% |
| Taxes, remuneration and social security | 45 | €815 | €1,194 | +€379 | +46.5% |
| Taxes | 450/3 | €815 | €1,194 | +€379 | +46.5% |
| Other amounts payable | 47/48 | - | €656 | +€656 | |
| Accrued charges and deferred income | 492/3 | - | €408 | +€408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,074 | +€4,074 | |
| Other operating charges | 640/8 | €367 | €1,462 | +€1,095 | +298% |
| Gross operating margin | 9900 | €738 | €10,720 | +€9,981 | +1,352% |
| Operating profit (loss) | 9901 | €371 | €5,184 | +€4,813 | +1,296% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €49 | €896 | +€846 | +1,710% |
| Recurring financial charges | 65 | €49 | €896 | +€846 | +1,710% |
| Profit (loss) for the period before taxes | 9903 | €322 | €4,290 | +€3,968 | +1,232% |
| Income taxes | 67/77 | €64 | €858 | +€794 | +1,232% |
| Profit (loss) for the period | 9904 | €258 | €3,432 | +€3,174 | +1,232% |
| Profit (loss) for the period to be appropriated | 9905 | €258 | €3,432 | +€3,174 | +1,232% |
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 22 October 2026 via checked.be.