JD: 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.
JD
Largest movements
- Cash -€15,538
down €15,538 (-94.3%), from €16,478 to €940
mainly Other debts (-€39,701) and Advances received (-€15,768)
- Deferred charges and accrued income +€11,524
up €11,524 (+492.0%), from €2,342 to €13,866
- Receivables within one year +€1,473
up €1,473 (+8.2%), from €18,075 to €19,548
of which Other amounts receivable: +€1,851
- Profit (loss) carried forward +€53,477
up €53,477 (+65.1%), from -€82,129 to -€28,652
- Other debts -€39,701
down €39,701 (-72.3%), from €54,941 to €15,240
- Advances received -€15,768
down €15,768 (-100.0%), from €15,768 to €0
- Accrued charges and deferred income +€15,253
up €15,253 (+9811.0%), from €155 to €15,409
- Debts after one year -€14,738
down €14,738 (-100.0%), from €14,738 to €0
- Gross operating margin +€52,081
up €52,081 (+277.4%), from €18,775 to €70,855
- Other operating charges +€1,184
up €1,184 (+899.2%), from €132 to €1,316
- Financial income +€827
new in 2024: €827
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,502 | €46,515 | -€2,987 | -6.0% |
| Fixed assets | 21/28 | €12,606 | €12,160 | -€446 | -3.5% |
| Tangible fixed assets | 22/27 | €12,565 | €12,119 | -€446 | -3.5% |
| Plant, machinery and equipment | 23 | €132 | €723 | +€590 | +446.8% |
| Furniture and vehicles | 24 | €12,433 | €11,397 | -€1,036 | -8.3% |
| Financial fixed assets | 28 | €41 | €41 | = | 0.0% |
| Current assets | 29/58 | €36,896 | €34,355 | -€2,541 | -6.9% |
| Amounts receivable within one year | 40/41 | €18,075 | €19,548 | +€1,473 | +8.2% |
| Trade receivables | 40 | €13,475 | €13,097 | -€377 | -2.8% |
| Other amounts receivable | 41 | €4,600 | €6,451 | +€1,851 | +40.2% |
| Cash at bank and in hand | 54/58 | €16,478 | €940 | -€15,538 | -94.3% |
| Deferred charges and accrued income | 490/1 | €2,342 | €13,866 | +€11,524 | +492.0% |
| Total equity and liabilities | 10/49 | €49,502 | €46,515 | -€2,987 | -6.0% |
| Equity | 10/15 | -€56,029 | -€2,552 | +€53,477 | +95.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,129 | -€28,652 | +€53,477 | +65.1% |
| Amounts payable | 17/49 | €105,531 | €49,068 | -€56,464 | -53.5% |
| Amounts payable after more than one year | 17 | €14,738 | €0 | -€14,738 | -100.0% |
| Financial debts | 170/4 | €14,738 | €0 | -€14,738 | -100.0% |
| Amounts payable within one year | 42/48 | €90,638 | €33,659 | -€56,979 | -62.9% |
| Current portion of amounts payable after more than one year | 42 | €2,457 | €653 | -€1,804 | -73.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €17,472 | €17,754 | +€283 | +1.6% |
| Suppliers | 440/4 | €17,472 | €17,754 | +€283 | +1.6% |
| Advances received on contracts in progress | 46 | €15,768 | €0 | -€15,768 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €11 | +€11 | |
| Taxes | 450/3 | - | €11 | +€11 | |
| Other amounts payable | 47/48 | €54,941 | €15,240 | -€39,701 | -72.3% |
| Accrued charges and deferred income | 492/3 | €155 | €15,409 | +€15,253 | +9811.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,165 | €4,514 | +€349 | +8.4% |
| Other operating charges | 640/8 | €132 | €1,316 | +€1,184 | +899.2% |
| Gross operating margin | 9900 | €18,775 | €70,855 | +€52,081 | +277.4% |
| Operating profit (loss) | 9901 | €14,478 | €65,025 | +€50,547 | +349.1% |
| Financial income | 75/76B | - | €827 | +€827 | |
| Recurring financial income | 75 | - | €827 | +€827 | |
| Financial charges | 65/66B | €724 | €375 | -€349 | -48.2% |
| Recurring financial charges | 65 | €724 | €375 | -€349 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | €13,754 | €65,477 | +€51,723 | +376.1% |
| Profit (loss) for the period | 9904 | €13,754 | €65,477 | +€51,723 | +376.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,754 | €65,477 | +€51,723 | +376.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.