J.D. TRANS: 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. TRANS
Largest movements
- Cash +€56,448
up €56,448 (+35.8%), from €157,644 to €214,092
mainly Depreciation (+€39,286) and Net result for the year (+€33,388)
- Current investments +€40,000
up €40,000 (+11.1%), from €360,000 to €400,000
- Tangible fixed assets -€39,286
down €39,286 (-32.9%), from €119,518 to €80,232
of which Furniture and vehicles: -€36,513
- Receivables within one year -€9,428
down €9,428 (-27.4%), from €34,445 to €25,017
of which Other amounts receivable: -€4,881
- Reserves +€33,312
up €33,312 (+7.1%), from €466,847 to €500,158
of which Distributable reserves: +€37,000
- Debts after one year +€17,000
up €17,000 (+8.5%), from €200,000 to €217,000
- Gross operating margin -€44,712
down €44,712 (-34.0%), from €131,432 to €86,719
- Taxes -€10,837
down €10,837 (-42.4%), from €25,554 to €14,717
- Financial income +€5,066
up €5,066 (+111%), from €4,570 to €9,636
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 | €736,817 | €791,469 | +€54,651 | +7.4% |
| Fixed assets | 21/28 | €128,518 | €89,232 | -€39,286 | -30.6% |
| Tangible fixed assets | 22/27 | €119,518 | €80,232 | -€39,286 | -32.9% |
| Land and buildings | 22 | €6,056 | €5,703 | -€353 | -5.8% |
| Plant, machinery and equipment | 23 | €10,712 | €8,293 | -€2,419 | -22.6% |
| Furniture and vehicles | 24 | €102,750 | €66,236 | -€36,513 | -35.5% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €608,300 | €702,237 | +€93,937 | +15.4% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,445 | €25,017 | -€9,428 | -27.4% |
| Trade receivables | 40 | €28,771 | €24,224 | -€4,548 | -15.8% |
| Other amounts receivable | 41 | €5,674 | €793 | -€4,881 | -86.0% |
| Current investments | 50/53 | €360,000 | €400,000 | +€40,000 | +11.1% |
| Cash at bank and in hand | 54/58 | €157,644 | €214,092 | +€56,448 | +35.8% |
| Deferred charges and accrued income | 490/1 | €6,211 | €13,128 | +€6,917 | +111% |
| Total equity and liabilities | 10/49 | €736,817 | €791,469 | +€54,651 | +7.4% |
| Equity | 10/15 | €488,768 | €522,155 | +€33,388 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €466,847 | €500,158 | +€33,312 | +7.1% |
| Tax-exempt reserves | 132 | €38,147 | €34,458 | -€3,688 | -9.7% |
| Distributable reserves | 133 | €428,700 | €465,700 | +€37,000 | +8.6% |
| Profit (loss) carried forward | 14 | €3,321 | €3,397 | +€76 | +2.3% |
| Provisions and deferred taxes | 16 | €3,037 | €2,115 | -€922 | -30.4% |
| Deferred taxes | 168 | €3,037 | €2,115 | -€922 | -30.4% |
| Amounts payable | 17/49 | €245,013 | €267,198 | +€22,185 | +9.1% |
| Amounts payable after more than one year | 17 | €200,000 | €217,000 | +€17,000 | +8.5% |
| Other amounts payable | 178/9 | €200,000 | €217,000 | +€17,000 | +8.5% |
| Amounts payable within one year | 42/48 | €41,735 | €46,921 | +€5,185 | +12.4% |
| Financial debts | 43 | €9,000 | €9,000 | = | 0.0% |
| Credit institutions | 430/8 | €9,000 | €9,000 | = | 0.0% |
| Trade debts | 44 | €5,811 | €10,973 | +€5,161 | +88.8% |
| Suppliers | 440/4 | €5,811 | €10,973 | +€5,161 | +88.8% |
| Taxes, remuneration and social security | 45 | €26,633 | €26,649 | +€16 | +0.1% |
| Taxes | 450/3 | €26,633 | €26,649 | +€16 | +0.1% |
| Other amounts payable | 47/48 | €291 | €298 | +€7 | +2.6% |
| Accrued charges and deferred income | 492/3 | €3,278 | €3,278 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,731 | €39,286 | -€445 | -1.1% |
| Other operating charges | 640/8 | €9,165 | €9,142 | -€23 | -0.3% |
| Gross operating margin | 9900 | €131,432 | €86,719 | -€44,712 | -34.0% |
| Operating profit (loss) | 9901 | €82,536 | €38,292 | -€44,244 | -53.6% |
| Financial income | 75/76B | €4,570 | €9,636 | +€5,066 | +111% |
| Recurring financial income | 75 | €4,570 | €9,636 | +€5,066 | +111% |
| Financial charges | 65/66B | €656 | €746 | +€90 | +13.7% |
| Recurring financial charges | 65 | €656 | €746 | +€90 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €86,450 | €47,182 | -€39,268 | -45.4% |
| Transfer from deferred taxes | 780 | €922 | €922 | = | 0.0% |
| Income taxes | 67/77 | €25,554 | €14,717 | -€10,837 | -42.4% |
| Profit (loss) for the period | 9904 | €61,819 | €33,388 | -€28,431 | -46.0% |
| Transfer from tax-exempt reserves | 789 | €3,688 | €3,688 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €65,507 | €37,076 | -€28,431 | -43.4% |
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 16 October 2026 via checked.be.