JD-afsluitingen: 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.
JD-afsluitingen
Largest movements
- Tangible fixed assets -€26,730
down €26,730 (-23.1%), from €115,928 to €89,198
of which Furniture and vehicles: -€24,923
- Stocks and contracts +€16,000
up €16,000 (+320.0%), from €5,000 to €21,000
of which Contracts in progress: +€16,000
- Receivables within one year -€7,983
down €7,983 (-54.7%), from €14,587 to €6,604
of which Trade receivables: -€6,874
- Deferred charges and accrued income -€6,189
no longer reported in 2025 (was €6,189)
- Cash +€2,926
up €2,926 (+23.7%), from €12,370 to €15,296
mainly Depreciation (+€33,548) and Trade debts (+€14,061)
- Debts after one year -€28,239
down €28,239 (-29.3%), from €96,534 to €68,295
- Trade debts +€14,061
up €14,061 (+52.8%), from €26,620 to €40,681
- Profit (loss) carried forward -€11,149
down €11,149 (-101.9%), from -€10,944 to -€22,092
- Tax, wage and social debts +€2,150
new in 2025: €2,150
- Gross operating margin +€1,271
up €1,271 (+4.2%), from €30,386 to €31,656
- Other operating charges +€1,244
up €1,244 (+65.9%), from €1,888 to €3,132
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 | €154,073 | €132,097 | -€21,976 | -14.3% |
| Fixed assets | 21/28 | €115,928 | €89,198 | -€26,730 | -23.1% |
| Tangible fixed assets | 22/27 | €115,928 | €89,198 | -€26,730 | -23.1% |
| Plant, machinery and equipment | 23 | €42,832 | €41,025 | -€1,807 | -4.2% |
| Furniture and vehicles | 24 | €73,096 | €48,173 | -€24,923 | -34.1% |
| Current assets | 29/58 | €38,145 | €42,900 | +€4,754 | +12.5% |
| Stocks and contracts in progress | 3 | €5,000 | €21,000 | +€16,000 | +320.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Contracts in progress | 37 | - | €16,000 | +€16,000 | |
| Amounts receivable within one year | 40/41 | €14,587 | €6,604 | -€7,983 | -54.7% |
| Trade receivables | 40 | €11,838 | €4,964 | -€6,874 | -58.1% |
| Other amounts receivable | 41 | €2,749 | €1,640 | -€1,109 | -40.3% |
| Cash at bank and in hand | 54/58 | €12,370 | €15,296 | +€2,926 | +23.7% |
| Deferred charges and accrued income | 490/1 | €6,189 | - | -€6,189 | |
| Total equity and liabilities | 10/49 | €154,073 | €132,097 | -€21,976 | -14.3% |
| Equity | 10/15 | -€5,944 | -€17,092 | -€11,149 | -187.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,944 | -€22,092 | -€11,149 | -101.9% |
| Amounts payable | 17/49 | €160,017 | €149,190 | -€10,827 | -6.8% |
| Amounts payable after more than one year | 17 | €96,534 | €68,295 | -€28,239 | -29.3% |
| Financial debts | 170/4 | €96,534 | €68,295 | -€28,239 | -29.3% |
| Amounts payable within one year | 42/48 | €63,483 | €80,895 | +€17,412 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €26,915 | €28,239 | +€1,324 | +4.9% |
| Trade debts | 44 | €26,620 | €40,681 | +€14,061 | +52.8% |
| Suppliers | 440/4 | €26,620 | €40,681 | +€14,061 | +52.8% |
| Taxes, remuneration and social security | 45 | - | €2,150 | +€2,150 | |
| Remuneration and social security | 454/9 | - | €2,150 | +€2,150 | |
| Other amounts payable | 47/48 | €9,948 | €9,825 | -€123 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,372 | €33,548 | +€176 | +0.5% |
| Other operating charges | 640/8 | €1,888 | €3,132 | +€1,244 | +65.9% |
| Gross operating margin | 9900 | €30,386 | €31,656 | +€1,271 | +4.2% |
| Operating profit (loss) | 9901 | -€4,874 | -€5,023 | -€149 | -3.1% |
| Financial income | 75/76B | €10 | €22 | +€12 | +116.1% |
| Recurring financial income | 75 | €10 | €22 | +€12 | +116.1% |
| Financial charges | 65/66B | €6,080 | €6,148 | +€68 | +1.1% |
| Recurring financial charges | 65 | €6,080 | €6,148 | +€68 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,944 | -€11,149 | -€205 | -1.9% |
| Profit (loss) for the period | 9904 | -€10,944 | -€11,149 | -€205 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,944 | -€11,149 | -€205 | -1.9% |
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 10 October 2026 via checked.be.