J D SYSTEMS: 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 SYSTEMS
Largest movements
- Receivables within one year +€32,838
up €32,838 (+142.3%), from €23,080 to €55,918
of which Other amounts receivable: +€40,639
- Stocks and contracts +€15,325
new in 2025: €15,325
- Cash +€3,796
up €3,796 (+510.1%), from €744 to €4,540
mainly Net result for the year (+€25,209) and Other debts (+€24,763)
- Reserves +€25,209
up €25,209 (+26.4%), from €95,347 to €120,556
- Other debts +€24,763
up €24,763 (+171.8%), from €14,416 to €39,178
- Current portion of long-term debt +€3,232
new in 2025: €3,232
- Financial charges -€30,035
down €30,035 (-79.4%), from €37,816 to €7,781
- Gross operating margin -€20,238
down €20,238 (-38.9%), from €51,987 to €31,749
- Financial income +€14,993
up €14,993 (+210278.8%), from €7 to €15,000
- Taxes +€10,475
up €10,475 (+812.7%), from €1,289 to €11,764
- Other operating charges +€1,994
new in 2025: €1,994
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 | €168,824 | €220,783 | +€51,959 | +30.8% |
| Fixed assets | 21/28 | €145,000 | €145,000 | = | 0.0% |
| Financial fixed assets | 28 | €145,000 | €145,000 | = | 0.0% |
| Current assets | 29/58 | €23,824 | €75,783 | +€51,959 | +218.1% |
| Stocks and contracts in progress | 3 | - | €15,325 | +€15,325 | |
| Stocks | 30/36 | - | €15,325 | +€15,325 | |
| Amounts receivable within one year | 40/41 | €23,080 | €55,918 | +€32,838 | +142.3% |
| Trade receivables | 40 | €23,080 | €15,279 | -€7,801 | -33.8% |
| Other amounts receivable | 41 | - | €40,639 | +€40,639 | |
| Cash at bank and in hand | 54/58 | €744 | €4,540 | +€3,796 | +510.1% |
| Total equity and liabilities | 10/49 | €168,824 | €220,783 | +€51,959 | +30.8% |
| Equity | 10/15 | €148,326 | €173,535 | +€25,209 | +17.0% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €95,347 | €120,556 | +€25,209 | +26.4% |
| Distributable reserves | 133 | €95,347 | €120,556 | +€25,209 | +26.4% |
| Profit (loss) carried forward | 14 | €44,979 | €44,979 | = | 0.0% |
| Amounts payable | 17/49 | €20,499 | €47,248 | +€26,750 | +130.5% |
| Amounts payable within one year | 42/48 | €20,499 | €47,248 | +€26,750 | +130.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,232 | +€3,232 | |
| Trade debts | 44 | €2,924 | €3,074 | +€150 | +5.1% |
| Suppliers | 440/4 | €2,924 | €3,074 | +€150 | +5.1% |
| Taxes, remuneration and social security | 45 | €3,159 | €1,764 | -€1,395 | -44.2% |
| Taxes | 450/3 | €3,159 | €1,764 | -€1,395 | -44.2% |
| Other amounts payable | 47/48 | €14,416 | €39,178 | +€24,763 | +171.8% |
| Other operating charges | 640/8 | - | €1,994 | +€1,994 | |
| Gross operating margin | 9900 | €51,987 | €31,749 | -€20,238 | -38.9% |
| Operating profit (loss) | 9901 | €51,987 | €29,755 | -€22,232 | -42.8% |
| Financial income | 75/76B | €7 | €15,000 | +€14,993 | +210278.8% |
| Recurring financial income | 75 | €7 | €15,000 | +€14,993 | +210278.8% |
| Financial charges | 65/66B | €37,816 | €7,781 | -€30,035 | -79.4% |
| Recurring financial charges | 65 | €37,816 | €7,781 | -€30,035 | -79.4% |
| Profit (loss) for the period before taxes | 9903 | €14,178 | €36,974 | +€22,796 | +160.8% |
| Income taxes | 67/77 | €1,289 | €11,764 | +€10,475 | +812.7% |
| Profit (loss) for the period | 9904 | €12,889 | €25,209 | +€12,320 | +95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,889 | €25,209 | +€12,320 | +95.6% |
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 8 October 2026 via checked.be.