JD-ALL: 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-ALL
Largest movements
- Tangible fixed assets +€24,189
up €24,189 (+433%), from €5,583 to €29,772
of which Leasing and similar rights: +€27,841
- Receivables within one year -€12,691
down €12,691 (-63.3%), from €20,043 to €7,352
of which Other amounts receivable: -€7,864
- Cash +€1,853
up €1,853 (+36.8%), from €5,042 to €6,895
mainly Debts after one year (+€19,575) and Receivables within one year (+€12,691)
- Debts after one year +€19,575
up €19,575 (+2,190%), from €894 to €20,468
- Reserves -€5,571
down €5,571 (-64.0%), from €8,700 to €3,129
- Profit (loss) carried forward -€3,287
no longer reported in 2025 (was €3,287)
- Tax, wage and social debts -€2,276
no longer reported in 2025 (was €2,276)
of which Remuneration and social security: -€1,300
- Current portion of long-term debt +€2,124
up €2,124 (+60.3%), from €3,522 to €5,646
- Depreciation +€2,763
up €2,763 (+54.4%), from €5,079 to €7,842
- Financial charges +€1,588
up €1,588 (+596%), from €266 to €1,854
- Gross operating margin +€1,524
up €1,524 (+16.6%), from €9,156 to €10,680
- Staff costs -€336
down €336 (-50.0%), from €673 to €337
- Financial income -€175
down €175 (-38.3%), from €457 to €282
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 | €47,489 | €60,043 | +€12,554 | +26.4% |
| Formation expenses | 20 | €1,035 | €769 | -€266 | -25.7% |
| Fixed assets | 21/28 | €5,608 | €29,797 | +€24,189 | +431% |
| Tangible fixed assets | 22/27 | €5,583 | €29,772 | +€24,189 | +433% |
| Plant, machinery and equipment | 23 | €330 | €42 | -€288 | -87.3% |
| Furniture and vehicles | 24 | €4,108 | €977 | -€3,131 | -76.2% |
| Leasing and similar rights | 25 | - | €27,841 | +€27,841 | |
| Other tangible fixed assets | 26 | €1,145 | €912 | -€233 | -20.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €40,846 | €29,477 | -€11,369 | -27.8% |
| Stocks and contracts in progress | 3 | €14,580 | €14,580 | = | 0.0% |
| Stocks | 30/36 | €14,580 | €14,580 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,043 | €7,352 | -€12,691 | -63.3% |
| Trade receivables | 40 | €8,792 | €3,965 | -€4,827 | -54.9% |
| Other amounts receivable | 41 | €11,252 | €3,387 | -€7,864 | -69.9% |
| Cash at bank and in hand | 54/58 | €5,042 | €6,895 | +€1,853 | +36.8% |
| Deferred charges and accrued income | 490/1 | €1,181 | €650 | -€531 | -44.9% |
| Total equity and liabilities | 10/49 | €47,489 | €60,043 | +€12,554 | +26.4% |
| Equity | 10/15 | €30,587 | €21,729 | -€8,858 | -29.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,700 | €3,129 | -€5,571 | -64.0% |
| Distributable reserves | 133 | €8,700 | €3,129 | -€5,571 | -64.0% |
| Profit (loss) carried forward | 14 | €3,287 | - | -€3,287 | |
| Amounts payable | 17/49 | €16,902 | €38,315 | +€21,412 | +127% |
| Amounts payable after more than one year | 17 | €894 | €20,468 | +€19,575 | +2,190% |
| Financial debts | 170/4 | €894 | €20,468 | +€19,575 | +2,190% |
| Amounts payable within one year | 42/48 | €16,009 | €17,846 | +€1,838 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €3,522 | €5,646 | +€2,124 | +60.3% |
| Trade debts | 44 | €10,210 | €12,200 | +€1,990 | +19.5% |
| Suppliers | 440/4 | €10,210 | €12,200 | +€1,990 | +19.5% |
| Taxes, remuneration and social security | 45 | €2,276 | - | -€2,276 | |
| Taxes | 450/3 | €976 | - | -€976 | |
| Remuneration and social security | 454/9 | €1,300 | - | -€1,300 | |
| Remuneration, social security and pensions | 62 | €673 | €337 | -€336 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,079 | €7,842 | +€2,763 | +54.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €9,156 | €10,680 | +€1,524 | +16.6% |
| Operating profit (loss) | 9901 | €3,017 | €2,101 | -€916 | -30.4% |
| Financial income | 75/76B | €457 | €282 | -€175 | -38.3% |
| Recurring financial income | 75 | €457 | €282 | -€175 | -38.3% |
| Financial charges | 65/66B | €266 | €1,854 | +€1,588 | +596% |
| Recurring financial charges | 65 | €266 | €1,854 | +€1,588 | +596% |
| Profit (loss) for the period before taxes | 9903 | €3,207 | €529 | -€2,679 | -83.5% |
| Profit (loss) for the period | 9904 | €3,207 | €529 | -€2,679 | -83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,207 | €529 | -€2,679 | -83.5% |
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 23 October 2026 via checked.be.