JD CAPITAL: 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 CAPITAL
Largest movements
- Tangible fixed assets +€3,983
up €3,983 (+33.5%), from €11,904 to €15,887
of which Other tangible fixed assets: +€5,350
- Receivables within one year +€3,723
up €3,723 (+81.5%), from €4,567 to €8,290
of which Other amounts receivable: +€3,678
- Cash -€3,161
down €3,161 (-61.2%), from €5,167 to €2,007
mainly Investment in fixed assets (net) (-€8,223) and Contributions, distributions and other (-€6,000)
- Deferred charges and accrued income -€500
down €500 (-87.0%), from €575 to €75
- Reserves -€6,000
down €6,000 (-76.3%), from €7,860 to €1,860
of which Distributable reserves: -€6,000
- Other debts +€5,947
new in 2025: €5,947
- Tax, wage and social debts +€2,124
up €2,124 (+163%), from €1,303 to €3,427
- Trade debts +€1,593
up €1,593 (+254%), from €628 to €2,221
- Profit (loss) carried forward +€382
up €382 (+6.1%), from €6,223 to €6,605
- Gross operating margin -€4,173
down €4,173 (-34.3%), from €12,164 to €7,991
- Depreciation +€964
up €964 (+29.4%), from €3,276 to €4,239
- Financial charges -€483
down €483 (-20.2%), from €2,385 to €1,903
- Taxes -€472
down €472 (-31.0%), from €1,522 to €1,050
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 | €22,214 | €26,259 | +€4,045 | +18.2% |
| Fixed assets | 21/28 | €11,904 | €15,887 | +€3,983 | +33.5% |
| Tangible fixed assets | 22/27 | €11,904 | €15,887 | +€3,983 | +33.5% |
| Furniture and vehicles | 24 | €11,904 | €10,537 | -€1,367 | -11.5% |
| Other tangible fixed assets | 26 | - | €5,350 | +€5,350 | |
| Current assets | 29/58 | €10,310 | €10,372 | +€62 | +0.6% |
| Amounts receivable within one year | 40/41 | €4,567 | €8,290 | +€3,723 | +81.5% |
| Trade receivables | 40 | €0 | €45 | +€45 | |
| Other amounts receivable | 41 | €4,567 | €8,245 | +€3,678 | +80.5% |
| Cash at bank and in hand | 54/58 | €5,167 | €2,007 | -€3,161 | -61.2% |
| Deferred charges and accrued income | 490/1 | €575 | €75 | -€500 | -87.0% |
| Total equity and liabilities | 10/49 | €22,214 | €26,259 | +€4,045 | +18.2% |
| Equity | 10/15 | €20,283 | €14,665 | -€5,618 | -27.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,860 | €1,860 | -€6,000 | -76.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €0 | -€6,000 | -100% |
| Profit (loss) carried forward | 14 | €6,223 | €6,605 | +€382 | +6.1% |
| Amounts payable | 17/49 | €1,931 | €11,594 | +€9,663 | +500% |
| Amounts payable within one year | 42/48 | €1,931 | €11,594 | +€9,663 | +500% |
| Trade debts | 44 | €628 | €2,221 | +€1,593 | +254% |
| Suppliers | 440/4 | €628 | €2,221 | +€1,593 | +254% |
| Taxes, remuneration and social security | 45 | €1,303 | €3,427 | +€2,124 | +163% |
| Taxes | 450/3 | €1,303 | €3,427 | +€2,124 | +163% |
| Other amounts payable | 47/48 | - | €5,947 | +€5,947 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,276 | €4,239 | +€964 | +29.4% |
| Other operating charges | 640/8 | €762 | €671 | -€90 | -11.9% |
| Gross operating margin | 9900 | €12,164 | €7,991 | -€4,173 | -34.3% |
| Operating profit (loss) | 9901 | €8,126 | €3,080 | -€5,046 | -62.1% |
| Financial income | 75/76B | €322 | €254 | -€68 | -21.2% |
| Recurring financial income | 75 | €322 | €254 | -€68 | -21.2% |
| Financial charges | 65/66B | €2,385 | €1,903 | -€483 | -20.2% |
| Recurring financial charges | 65 | €2,385 | €1,903 | -€483 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €6,063 | €1,432 | -€4,631 | -76.4% |
| Income taxes | 67/77 | €1,522 | €1,050 | -€472 | -31.0% |
| Profit (loss) for the period | 9904 | €4,541 | €382 | -€4,159 | -91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,541 | €382 | -€4,159 | -91.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.