J-D TRANS: 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 TRANS
Largest movements
- Tangible fixed assets +€15,546
up €15,546 (+175.2%), from €8,875 to €24,421
- Receivables within one year -€10,467
down €10,467 (-83.9%), from €12,481 to €2,014
- Cash -€2,846
down €2,846 (-22.1%), from €12,896 to €10,050
mainly Investment in fixed assets (net) (-€19,566) and Current portion of long-term debt (-€5,863)
- Profit (loss) carried forward +€14,998
up €14,998 (+77.4%), from -€19,378 to -€4,380
- Current portion of long-term debt -€5,863
down €5,863 (-100.0%), from €5,863 to €0
- Trade debts -€4,698
down €4,698 (-63.5%), from €7,402 to €2,703
- Tax, wage and social debts -€3,887
down €3,887 (-34.1%), from €11,391 to €7,503
of which Remuneration and social security: -€1,984
- Other debts +€1,684
up €1,684 (+27.1%), from €6,215 to €7,899
- Depreciation -€23,051
down €23,051 (-85.1%), from €27,071 to €4,020
- Gross operating margin +€12,531
up €12,531 (+37.4%), from €33,473 to €46,004
- Other operating charges -€3,527
down €3,527 (-62.2%), from €5,665 to €2,139
- Staff costs +€1,737
up €1,737 (+7.9%), from €22,045 to €23,782
- Financial charges -€1,490
down €1,490 (-68.0%), from €2,190 to €700
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 | €35,000 | €37,233 | +€2,233 | +6.4% |
| Fixed assets | 21/28 | €9,623 | €25,169 | +€15,546 | +161.5% |
| Tangible fixed assets | 22/27 | €8,875 | €24,421 | +€15,546 | +175.2% |
| Furniture and vehicles | 24 | €8,875 | €24,421 | +€15,546 | +175.2% |
| Financial fixed assets | 28 | €748 | €748 | = | 0.0% |
| Current assets | 29/58 | €25,377 | €12,064 | -€13,313 | -52.5% |
| Amounts receivable within one year | 40/41 | €12,481 | €2,014 | -€10,467 | -83.9% |
| Trade receivables | 40 | €12,481 | €2,014 | -€10,467 | -83.9% |
| Cash at bank and in hand | 54/58 | €12,896 | €10,050 | -€2,846 | -22.1% |
| Total equity and liabilities | 10/49 | €35,000 | €37,233 | +€2,233 | +6.4% |
| Equity | 10/15 | €4,130 | €19,128 | +€14,998 | +363.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €4,958 | €4,958 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,378 | -€4,380 | +€14,998 | +77.4% |
| Amounts payable | 17/49 | €30,870 | €18,105 | -€12,765 | -41.3% |
| Amounts payable within one year | 42/48 | €30,870 | €18,105 | -€12,765 | -41.3% |
| Current portion of amounts payable after more than one year | 42 | €5,863 | €0 | -€5,863 | -100.0% |
| Trade debts | 44 | €7,402 | €2,703 | -€4,698 | -63.5% |
| Suppliers | 440/4 | €7,402 | €2,703 | -€4,698 | -63.5% |
| Taxes, remuneration and social security | 45 | €11,391 | €7,503 | -€3,887 | -34.1% |
| Taxes | 450/3 | €2,368 | €465 | -€1,903 | -80.4% |
| Remuneration and social security | 454/9 | €9,022 | €7,038 | -€1,984 | -22.0% |
| Other amounts payable | 47/48 | €6,215 | €7,899 | +€1,684 | +27.1% |
| Remuneration, social security and pensions | 62 | €22,045 | €23,782 | +€1,737 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,071 | €4,020 | -€23,051 | -85.1% |
| Other operating charges | 640/8 | €5,665 | €2,139 | -€3,527 | -62.2% |
| Gross operating margin | 9900 | €33,473 | €46,004 | +€12,531 | +37.4% |
| Operating profit (loss) | 9901 | -€21,308 | €16,062 | +€37,371 | |
| Financial charges | 65/66B | €2,190 | €700 | -€1,490 | -68.0% |
| Recurring financial charges | 65 | €2,190 | €700 | -€1,490 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,498 | €15,363 | +€38,861 | |
| Income taxes | 67/77 | - | €365 | +€365 | |
| Profit (loss) for the period | 9904 | -€23,498 | €14,998 | +€38,496 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,498 | €14,998 | +€38,496 |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.