J.D. PRODUCTS: 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. PRODUCTS
Largest movements
- Cash -€126,112
down €126,112 (-32.6%), from €387,190 to €261,078
mainly Other debts (-€995,646) and Receivables after one year (-€72,489)
- Receivables after one year +€72,489
up €72,489 (+24.7%), from €293,578 to €366,067
- Tangible fixed assets -€43,417
down €43,417 (-4.3%), from €1.0m to €967,702
- Other debts -€995,646
down €995,646 (-64.0%), from €1.6m to €558,841
- Debts after one year +€793,865
up €793,865 (+206%), from €385,114 to €1.2m
- Profit (loss) carried forward +€134,763
up €134,763 (+32.3%), from -€417,023 to -€282,260
- Financial income +€103,295
up €103,295 (+1,133%), from €9,118 to €112,413
of which Non-recurring financial income: +€90,427
- Gross operating margin +€42,649
up €42,649 (+117%), from €36,452 to €79,101
- Other operating charges -€6,136
down €6,136 (-71.9%), from €8,531 to €2,394
- Financial charges -€3,140
down €3,140 (-22.3%), from €14,081 to €10,940
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 | €1,971,344 | €1,880,931 | -€90,414 | -4.6% |
| Fixed assets | 21/28 | €1,281,683 | €1,238,266 | -€43,417 | -3.4% |
| Tangible fixed assets | 22/27 | €1,011,119 | €967,702 | -€43,417 | -4.3% |
| Land and buildings | 22 | €1,011,119 | €967,702 | -€43,417 | -4.3% |
| Financial fixed assets | 28 | €270,564 | €270,564 | = | 0.0% |
| Current assets | 29/58 | €689,661 | €642,664 | -€46,997 | -6.8% |
| Amounts receivable after more than one year | 29 | €293,578 | €366,067 | +€72,489 | +24.7% |
| Other amounts receivable | 291 | €293,578 | €366,067 | +€72,489 | +24.7% |
| Amounts receivable within one year | 40/41 | €8,894 | €3,269 | -€5,625 | -63.2% |
| Trade receivables | 40 | €7,322 | €1,132 | -€6,190 | -84.5% |
| Other amounts receivable | 41 | €1,571 | €2,137 | +€565 | +36.0% |
| Cash at bank and in hand | 54/58 | €387,190 | €261,078 | -€126,112 | -32.6% |
| Deferred charges and accrued income | 490/1 | - | €12,250 | +€12,250 | |
| Total equity and liabilities | 10/49 | €1,971,344 | €1,880,931 | -€90,414 | -4.6% |
| Equity | 10/15 | -€63,982 | €70,781 | +€134,763 | |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €3,041 | €3,041 | = | 0.0% |
| Non-distributable reserves | 130/1 | €468 | €468 | = | 0.0% |
| Reserves not available under the articles | 1311 | €468 | €468 | = | 0.0% |
| Distributable reserves | 133 | €2,573 | €2,573 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€417,023 | -€282,260 | +€134,763 | +32.3% |
| Amounts payable | 17/49 | €2,035,326 | €1,810,150 | -€225,177 | -11.1% |
| Amounts payable after more than one year | 17 | €385,114 | €1,178,980 | +€793,865 | +206% |
| Financial debts | 170/4 | €385,114 | €1,178,980 | +€793,865 | +206% |
| Amounts payable within one year | 42/48 | €1,630,823 | €611,781 | -€1.0m | -62.5% |
| Current portion of amounts payable after more than one year | 42 | €66,425 | €51,201 | -€15,224 | -22.9% |
| Trade debts | 44 | €7,573 | €1,739 | -€5,834 | -77.0% |
| Suppliers | 440/4 | €7,573 | €1,739 | -€5,834 | -77.0% |
| Taxes, remuneration and social security | 45 | €2,338 | - | -€2,338 | |
| Taxes | 450/3 | €2,338 | - | -€2,338 | |
| Other amounts payable | 47/48 | €1,554,487 | €558,841 | -€995,646 | -64.0% |
| Accrued charges and deferred income | 492/3 | €19,389 | €19,389 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,417 | €43,417 | = | 0.0% |
| Other operating charges | 640/8 | €8,531 | €2,394 | -€6,136 | -71.9% |
| Non-recurring operating charges | 66A | €48,000 | - | -€48,000 | |
| Gross operating margin | 9900 | €36,452 | €79,101 | +€42,649 | +117% |
| Operating profit (loss) | 9901 | -€63,495 | €33,291 | +€96,786 | |
| Financial income | 75/76B | €9,118 | €112,413 | +€103,295 | +1,133% |
| Recurring financial income | 75 | €1,267 | €14,135 | +€12,868 | +1,016% |
| Non-recurring financial income | 76B | €7,851 | €98,278 | +€90,427 | +1,152% |
| Financial charges | 65/66B | €14,081 | €10,940 | -€3,140 | -22.3% |
| Recurring financial charges | 65 | €14,081 | €10,940 | -€3,140 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | -€68,458 | €134,763 | +€203,221 | |
| Profit (loss) for the period | 9904 | -€68,458 | €134,763 | +€203,221 | |
| Profit (loss) for the period to be appropriated | 9905 | -€68,458 | €134,763 | +€203,221 |
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 23 October 2026 via checked.be.