J.S.D.M.: what changed
What changed
J.S.D.M.
NACE 47.120, Other non-specialised retail sale
filed annual accounts (NBB)
Net result for the year
-€63,070
2024 · -€81,558+€18,488
Equity
€133,629
2024 · €196,699-€63,070
Cash
€101,293
2024 · €321,209-€219,916
Balance sheet total
€728,494
2024 · €1.1m-€353,406
Largest movements
Assets
- Cash -€219,916
down €219,916 (-68.5%), from €321,209 to €101,293
mainly Provisions (-€134,137) and Trade debts (-€118,559)
- Receivables within one year -€83,522
down €83,522 (-73.6%), from €113,416 to €29,894
of which Trade receivables: -€88,252
- Tangible fixed assets -€52,330
down €52,330 (-18.7%), from €280,333 to €228,003
Equity and liabilities
- Provisions -€134,137
no longer reported in 2025 (was €134,137)
- Trade debts -€118,559
down €118,559 (-21.3%), from €555,492 to €436,933
- Profit (loss) carried forward -€63,070
down €63,070 (-50.2%), from €125,699 to €62,629
- Debts after one year -€23,277
down €23,277 (-76.4%), from €30,472 to €7,194
- Tax, wage and social debts -€14,885
down €14,885 (-12.4%), from €119,995 to €105,109
of which Remuneration and social security: -€14,380
Income statement
- Provisions -€268,273
down €268,273, from €134,137 to -€134,137
- Gross operating margin -€222,079
down €222,079 (-31.8%), from €698,134 to €476,055
- Other operating charges +€33,641
up €33,641 (+399%), from €8,421 to €42,062
- Staff costs -€13,654
down €13,654 (-2.4%), from €572,474 to €558,820
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€81,558
Gross operating margin
-€222,079
Staff costs
+€13,654
Depreciation
+€806
Provisions
+€268,273
Other operating charges
-€33,641
Other operating items
-€8,202
Financial income
-€483
Financial charges
+€445
Taxes
-€287
Result 2025
-€63,070
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€209,688
Investment
-€473
Financing
-€9,755
Cash 2024
€321,209
From operations (derived)
-€209,688
Net result for the year
-€63,070
Depreciation
+€51,933
Receivables after one year
+€8,153
Stocks and contracts
-€781
Receivables within one year
+€83,522
Deferred charges and accrued income
-€8,864
Provisions
-€134,137
Trade debts
-€118,559
Tax, wage and social debts
-€14,885
Other debts
-€13,000
Investment (derived)
-€473
Investment in fixed assets (net)
+€397
Current investments
-€870
Financing
-€9,755
Debts after one year
-€23,277
Current portion of long-term debt
+€13,522
Cash 2025
€101,293
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,081,900 | €728,494 | -€353,406 | -32.7% |
| Fixed assets | 21/28 | €280,383 | €228,053 | -€52,330 | -18.7% |
| Tangible fixed assets | 22/27 | €280,333 | €228,003 | -€52,330 | -18.7% |
| Land and buildings | 22 | €28,146 | €21,810 | -€6,336 | -22.5% |
| Plant, machinery and equipment | 23 | €62,664 | €43,372 | -€19,292 | -30.8% |
| Furniture and vehicles | 24 | €37,208 | €28,755 | -€8,453 | -22.7% |
| Other tangible fixed assets | 26 | €152,315 | €134,066 | -€18,249 | -12.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €801,517 | €500,442 | -€301,075 | -37.6% |
| Amounts receivable after more than one year | 29 | €55,974 | €47,821 | -€8,153 | -14.6% |
| Trade receivables | 290 | €55,974 | €47,821 | -€8,153 | -14.6% |
| Stocks and contracts in progress | 3 | €214,398 | €215,179 | +€781 | +0.4% |
| Stocks | 30/36 | €214,398 | €215,179 | +€781 | +0.4% |
| Amounts receivable within one year | 40/41 | €113,416 | €29,894 | -€83,522 | -73.6% |
| Trade receivables | 40 | €108,179 | €19,927 | -€88,252 | -81.6% |
| Other amounts receivable | 41 | €5,237 | €9,968 | +€4,730 | +90.3% |
| Current investments | 50/53 | €92,101 | €92,971 | +€870 | +0.9% |
| Cash at bank and in hand | 54/58 | €321,209 | €101,293 | -€219,916 | -68.5% |
| Deferred charges and accrued income | 490/1 | €4,419 | €13,284 | +€8,864 | +201% |
| Total equity and liabilities | 10/49 | €1,081,900 | €728,494 | -€353,406 | -32.7% |
| Equity | 10/15 | €196,699 | €133,629 | -€63,070 | -32.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €90,000 | €90,000 | = | 0.0% |
| Uncalled capital | 101 | €28,000 | €28,000 | = | 0.0% |
| Reserves | 13 | €9,000 | €9,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Legal reserve | 130 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,699 | €62,629 | -€63,070 | -50.2% |
| Provisions and deferred taxes | 16 | €134,137 | - | -€134,137 | |
| Provisions for liabilities and charges | 160/5 | €134,137 | - | -€134,137 | |
| Other liabilities and charges | 164/5 | €134,137 | - | -€134,137 | |
| Amounts payable | 17/49 | €751,064 | €594,866 | -€156,199 | -20.8% |
| Amounts payable after more than one year | 17 | €30,472 | €7,194 | -€23,277 | -76.4% |
| Financial debts | 170/4 | €30,472 | €7,194 | -€23,277 | -76.4% |
| Amounts payable within one year | 42/48 | €720,593 | €587,671 | -€132,922 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €32,106 | €45,629 | +€13,522 | +42.1% |
| Trade debts | 44 | €555,492 | €436,933 | -€118,559 | -21.3% |
| Suppliers | 440/4 | €555,492 | €436,933 | -€118,559 | -21.3% |
| Taxes, remuneration and social security | 45 | €119,995 | €105,109 | -€14,885 | -12.4% |
| Taxes | 450/3 | €644 | €138 | -€506 | -78.5% |
| Remuneration and social security | 454/9 | €119,351 | €104,971 | -€14,380 | -12.0% |
| Other amounts payable | 47/48 | €13,000 | - | -€13,000 | |
| Remuneration, social security and pensions | 62 | €572,474 | €558,820 | -€13,654 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,739 | €51,933 | -€806 | -1.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €134,137 | -€134,137 | -€268,273 | |
| Other operating charges | 640/8 | €8,421 | €42,062 | +€33,641 | +399% |
| Non-recurring operating charges | 66A | - | €8,202 | +€8,202 | |
| Gross operating margin | 9900 | €698,134 | €476,055 | -€222,079 | -31.8% |
| Operating profit (loss) | 9901 | -€69,638 | -€50,825 | +€18,813 | +27.0% |
| Financial income | 75/76B | €3,640 | €3,157 | -€483 | -13.3% |
| Recurring financial income | 75 | €3,640 | €3,157 | -€483 | -13.3% |
| Financial charges | 65/66B | €15,443 | €14,998 | -€445 | -2.9% |
| Recurring financial charges | 65 | €15,443 | €14,998 | -€445 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | -€81,440 | -€62,666 | +€18,775 | +23.1% |
| Income taxes | 67/77 | €118 | €405 | +€287 | +243% |
| Profit (loss) for the period | 9904 | -€81,558 | -€63,070 | +€18,488 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,558 | -€63,070 | +€18,488 | +22.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.