JCD Management: 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.
JCD Management
Largest movements
- Receivables within one year +€49,738
up €49,738 (+258%), from €19,280 to €69,018
of which Other amounts receivable: +€32,546
- Tangible fixed assets -€16,854
down €16,854 (-43.5%), from €38,715 to €21,861
of which Furniture and vehicles: -€11,200
- Cash -€12,031
down €12,031 (-46.9%), from €25,644 to €13,613
mainly Receivables within one year (-€49,738) and Tax, wage and social debts (-€21,896)
- Deferred charges and accrued income -€1,234
down €1,234 (-27.3%), from €4,526 to €3,292
- Profit (loss) carried forward +€27,153
up €27,153 (+64.4%), from €42,184 to €69,337
- Tax, wage and social debts -€21,896
down €21,896 (-59.5%), from €36,794 to €14,898
of which Taxes: -€22,738
- Trade debts +€15,754
up €15,754 (+925%), from €1,704 to €17,458
- Other debts -€1,392
down €1,392 (-100%), from €1,392 to €0
- Gross operating margin -€12,083
down €12,083 (-13.5%), from €89,778 to €77,695
- Taxes -€5,917
down €5,917 (-65.7%), from €9,000 to €3,083
- Depreciation -€3,584
down €3,584 (-18.4%), from €19,442 to €15,858
- Staff costs -€2,250
down €2,250 (-8.7%), from €25,925 to €23,675
- Financial charges +€1,299
up €1,299 (+996%), from €130 to €1,429
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 | €88,274 | €107,893 | +€19,619 | +22.2% |
| Fixed assets | 21/28 | €38,823 | €21,969 | -€16,854 | -43.4% |
| Tangible fixed assets | 22/27 | €38,715 | €21,861 | -€16,854 | -43.5% |
| Plant, machinery and equipment | 23 | €19,997 | €14,343 | -€5,654 | -28.3% |
| Furniture and vehicles | 24 | €18,719 | €7,518 | -€11,200 | -59.8% |
| Financial fixed assets | 28 | €108 | €108 | = | 0.0% |
| Current assets | 29/58 | €49,451 | €85,924 | +€36,473 | +73.8% |
| Amounts receivable within one year | 40/41 | €19,280 | €69,018 | +€49,738 | +258% |
| Trade receivables | 40 | €17,962 | €35,154 | +€17,192 | +95.7% |
| Other amounts receivable | 41 | €1,318 | €33,864 | +€32,546 | +2,470% |
| Cash at bank and in hand | 54/58 | €25,644 | €13,613 | -€12,031 | -46.9% |
| Deferred charges and accrued income | 490/1 | €4,526 | €3,292 | -€1,234 | -27.3% |
| Total equity and liabilities | 10/49 | €88,274 | €107,893 | +€19,619 | +22.2% |
| Equity | 10/15 | €48,384 | €75,537 | +€27,153 | +56.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,184 | €69,337 | +€27,153 | +64.4% |
| Amounts payable | 17/49 | €39,890 | €32,356 | -€7,534 | -18.9% |
| Amounts payable within one year | 42/48 | €39,890 | €32,356 | -€7,534 | -18.9% |
| Trade debts | 44 | €1,704 | €17,458 | +€15,754 | +925% |
| Suppliers | 440/4 | €1,704 | €17,458 | +€15,754 | +925% |
| Taxes, remuneration and social security | 45 | €36,794 | €14,898 | -€21,896 | -59.5% |
| Taxes | 450/3 | €35,022 | €12,284 | -€22,738 | -64.9% |
| Remuneration and social security | 454/9 | €1,772 | €2,614 | +€842 | +47.5% |
| Other amounts payable | 47/48 | €1,392 | €0 | -€1,392 | -100% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €25,925 | €23,675 | -€2,250 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,442 | €15,858 | -€3,584 | -18.4% |
| Other operating charges | 640/8 | €1,040 | €1,201 | +€162 | +15.6% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Gross operating margin | 9900 | €89,778 | €77,695 | -€12,083 | -13.5% |
| Operating profit (loss) | 9901 | €43,371 | €36,961 | -€6,411 | -14.8% |
| Financial income | 75/76B | €3 | €955 | +€952 | +30,794% |
| Recurring financial income | 75 | €3 | €955 | +€952 | +30,794% |
| Financial charges | 65/66B | €130 | €1,429 | +€1,299 | +996% |
| Recurring financial charges | 65 | €130 | €1,429 | +€1,299 | +996% |
| Profit (loss) for the period before taxes | 9903 | €43,244 | €36,486 | -€6,758 | -15.6% |
| Income taxes | 67/77 | €9,000 | €3,083 | -€5,917 | -65.7% |
| Profit (loss) for the period | 9904 | €34,244 | €33,403 | -€841 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,244 | €33,403 | -€841 | -2.5% |
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 18 October 2026 via checked.be.