JD CONCEPTION: 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 CONCEPTION
Largest movements
- Tangible fixed assets +€98,405
up €98,405 (+124.0%), from €79,363 to €177,768
of which Furniture and vehicles: +€113,131
- Stocks and contracts -€96,311
down €96,311 (-18.4%), from €524,165 to €427,854
- Cash -€38,532
down €38,532 (-56.3%), from €68,384 to €29,852
mainly Debts after one year (-€447,304) and Investment in fixed assets (net) (-€113,728)
- Debts after one year -€447,304
down €447,304 (-70.3%), from €636,564 to €189,261
- Short-term financial debts +€300,891
new in 2025: €300,891
- Profit (loss) carried forward +€54,964
up €54,964 (+36.8%), from €149,201 to €204,165
- Current portion of long-term debt +€20,180
up €20,180 (+27.7%), from €72,886 to €93,066
- Other debts +€20,152
up €20,152 (+12.9%), from €155,650 to €175,802
- Turnover +€181,124
up €181,124 (+42.0%), from €430,865 to €611,989
- Staff costs +€171,414
up €171,414 (+88.6%), from €193,432 to €364,846
- Gross operating margin +€120,907
up €120,907 (+40.6%), from €297,930 to €418,837
- Financial income +€86,787
up €86,787 (+10331727.4%), from €1 to €86,787
- Purchases and services +€60,217
up €60,217 (+45.3%), from €132,935 to €193,152
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 | €1,156,183 | €1,108,699 | -€47,484 | -4.1% |
| Fixed assets | 21/28 | €529,363 | €627,768 | +€98,405 | +18.6% |
| Tangible fixed assets | 22/27 | €79,363 | €177,768 | +€98,405 | +124.0% |
| Furniture and vehicles | 24 | - | €113,131 | +€113,131 | |
| Leasing and similar rights | 25 | €79,363 | €64,637 | -€14,726 | -18.6% |
| Financial fixed assets | 28 | €450,000 | €450,000 | = | 0.0% |
| Current assets | 29/58 | €626,820 | €480,931 | -€145,889 | -23.3% |
| Stocks and contracts in progress | 3 | €524,165 | €427,854 | -€96,311 | -18.4% |
| Stocks | 30/36 | €524,165 | €427,854 | -€96,311 | -18.4% |
| Amounts receivable within one year | 40/41 | €30,566 | €22,080 | -€8,486 | -27.8% |
| Trade receivables | 40 | €30,566 | €14,919 | -€15,647 | -51.2% |
| Other amounts receivable | 41 | - | €7,160 | +€7,160 | |
| Cash at bank and in hand | 54/58 | €68,384 | €29,852 | -€38,532 | -56.3% |
| Deferred charges and accrued income | 490/1 | €3,705 | €1,146 | -€2,559 | -69.1% |
| Total equity and liabilities | 10/49 | €1,156,183 | €1,108,699 | -€47,484 | -4.1% |
| Equity | 10/15 | €179,201 | €234,165 | +€54,964 | +30.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Capital | 10 | €30,000 | €30,000 | = | 0.0% |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €149,201 | €204,165 | +€54,964 | +36.8% |
| Amounts payable | 17/49 | €976,982 | €874,534 | -€102,448 | -10.5% |
| Amounts payable after more than one year | 17 | €636,564 | €189,261 | -€447,304 | -70.3% |
| Financial debts | 170/4 | €636,564 | €189,261 | -€447,304 | -70.3% |
| Amounts payable within one year | 42/48 | €340,361 | €685,133 | +€344,772 | +101.3% |
| Current portion of amounts payable after more than one year | 42 | €72,886 | €93,066 | +€20,180 | +27.7% |
| Financial debts | 43 | - | €300,891 | +€300,891 | |
| Credit institutions | 430/8 | - | €300,891 | +€300,891 | |
| Trade debts | 44 | €40,247 | €35,662 | -€4,585 | -11.4% |
| Suppliers | 440/4 | €40,247 | €35,662 | -€4,585 | -11.4% |
| Taxes, remuneration and social security | 45 | €71,579 | €79,711 | +€8,133 | +11.4% |
| Taxes | 450/3 | €34,334 | €21,345 | -€12,990 | -37.8% |
| Remuneration and social security | 454/9 | €37,244 | €58,367 | +€21,122 | +56.7% |
| Other amounts payable | 47/48 | €155,650 | €175,802 | +€20,152 | +12.9% |
| Accrued charges and deferred income | 492/3 | €57 | €141 | +€84 | +148.5% |
| Turnover | 70 | €430,865 | €611,989 | +€181,124 | +42.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €132,935 | €193,152 | +€60,217 | +45.3% |
| Remuneration, social security and pensions | 62 | €193,432 | €364,846 | +€171,414 | +88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,591 | €15,323 | -€268 | -1.7% |
| Other operating charges | 640/8 | €57,498 | €3,699 | -€53,799 | -93.6% |
| Gross operating margin | 9900 | €297,930 | €418,837 | +€120,907 | +40.6% |
| Operating profit (loss) | 9901 | €31,409 | €34,969 | +€3,560 | +11.3% |
| Financial income | 75/76B | €1 | €86,787 | +€86,787 | +10331727.4% |
| Recurring financial income | 75 | €1 | €86,787 | +€86,787 | +10331727.4% |
| Financial charges | 65/66B | €6,718 | €44,740 | +€38,022 | +566.0% |
| Recurring financial charges | 65 | €6,718 | €44,740 | +€38,022 | +566.0% |
| Profit (loss) for the period before taxes | 9903 | €24,692 | €77,016 | +€52,324 | +211.9% |
| Income taxes | 67/77 | €4,322 | €19,053 | +€14,731 | +340.9% |
| Profit (loss) for the period | 9904 | €20,371 | €57,964 | +€37,593 | +184.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,371 | €57,964 | +€37,593 | +184.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.