JD DRIVE: 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 DRIVE
Largest movements
- Tangible fixed assets -€120,768
down €120,768 (-27.1%), from €445,603 to €324,835
of which Furniture and vehicles: -€66,806
- Deferred charges and accrued income +€8,980
new in 2025: €8,980
- Receivables within one year -€6,860
down €6,860 (-10.7%), from €64,180 to €57,321
of which Trade receivables: -€22,414
- Cash -€6,514
down €6,514 (-25.2%), from €25,825 to €19,311
mainly Debts after one year (-€148,183) and Tax, wage and social debts (-€12,544)
- Debts after one year -€148,183
down €148,183 (-44.6%), from €332,094 to €183,911
- Profit (loss) carried forward +€19,434
up €19,434 (+22.3%), from -€86,997 to -€67,563
- Tax, wage and social debts -€12,544
down €12,544 (-52.5%), from €23,876 to €11,332
of which Taxes: -€14,360
- Trade debts +€9,263
up €9,263 (+11.6%), from €79,992 to €89,255
- Current portion of long-term debt +€6,868
up €6,868 (+4.9%), from €141,314 to €148,183
- Financial charges -€45,312
down €45,312 (-68.7%), from €65,969 to €20,657
of which Non-recurring financial charges: -€41,203
- Gross operating margin +€44,491
up €44,491 (+8.9%), from €499,999 to €544,490
- Financial income -€32,497
down €32,497 (-100.0%), from €32,502 to €5
of which Non-recurring financial income: -€32,500
- Depreciation +€7,764
up €7,764 (+6.9%), from €113,004 to €120,768
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 | €535,608 | €410,447 | -€125,162 | -23.4% |
| Fixed assets | 21/28 | €445,603 | €324,835 | -€120,768 | -27.1% |
| Tangible fixed assets | 22/27 | €445,603 | €324,835 | -€120,768 | -27.1% |
| Furniture and vehicles | 24 | €252,752 | €185,946 | -€66,806 | -26.4% |
| Leasing and similar rights | 25 | €192,851 | €138,889 | -€53,962 | -28.0% |
| Current assets | 29/58 | €90,005 | €85,612 | -€4,394 | -4.9% |
| Amounts receivable within one year | 40/41 | €64,180 | €57,321 | -€6,860 | -10.7% |
| Trade receivables | 40 | €56,300 | €33,887 | -€22,414 | -39.8% |
| Other amounts receivable | 41 | €7,880 | €23,434 | +€15,554 | +197.4% |
| Cash at bank and in hand | 54/58 | €25,825 | €19,311 | -€6,514 | -25.2% |
| Deferred charges and accrued income | 490/1 | - | €8,980 | +€8,980 | |
| Total equity and liabilities | 10/49 | €535,608 | €410,447 | -€125,162 | -23.4% |
| Equity | 10/15 | -€41,668 | -€22,234 | +€19,434 | +46.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €25,329 | €25,329 | = | 0.0% |
| Distributable reserves | 133 | €25,329 | €25,329 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,997 | -€67,563 | +€19,434 | +22.3% |
| Amounts payable | 17/49 | €577,276 | €432,680 | -€144,596 | -25.0% |
| Amounts payable after more than one year | 17 | €332,094 | €183,911 | -€148,183 | -44.6% |
| Financial debts | 170/4 | €332,094 | €183,911 | -€148,183 | -44.6% |
| Amounts payable within one year | 42/48 | €245,182 | €248,769 | +€3,587 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €141,314 | €148,183 | +€6,868 | +4.9% |
| Trade debts | 44 | €79,992 | €89,255 | +€9,263 | +11.6% |
| Suppliers | 440/4 | €79,992 | €89,255 | +€9,263 | +11.6% |
| Taxes, remuneration and social security | 45 | €23,876 | €11,332 | -€12,544 | -52.5% |
| Taxes | 450/3 | €17,093 | €2,732 | -€14,360 | -84.0% |
| Remuneration and social security | 454/9 | €6,783 | €8,599 | +€1,816 | +26.8% |
| Non-recurring operating income | 76A | €49,750 | - | -€49,750 | |
| Remuneration, social security and pensions | 62 | €279,080 | €274,203 | -€4,877 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,004 | €120,768 | +€7,764 | +6.9% |
| Other operating charges | 640/8 | €108,797 | €109,434 | +€637 | +0.6% |
| Non-recurring operating charges | 66A | €52,648 | - | -€52,648 | |
| Gross operating margin | 9900 | €499,999 | €544,490 | +€44,491 | +8.9% |
| Operating profit (loss) | 9901 | -€53,530 | €40,085 | +€93,616 | |
| Financial income | 75/76B | €32,502 | €5 | -€32,497 | -100.0% |
| Recurring financial income | 75 | €2 | €5 | +€3 | +152.8% |
| Non-recurring financial income | 76B | €32,500 | - | -€32,500 | |
| Financial charges | 65/66B | €65,969 | €20,657 | -€45,312 | -68.7% |
| Recurring financial charges | 65 | €24,766 | €20,657 | -€4,110 | -16.6% |
| Non-recurring financial charges | 66B | €41,203 | - | -€41,203 | |
| Profit (loss) for the period before taxes | 9903 | -€86,997 | €19,434 | +€106,431 | |
| Profit (loss) for the period | 9904 | -€86,997 | €19,434 | +€106,431 | |
| Profit (loss) for the period to be appropriated | 9905 | -€86,997 | €19,434 | +€106,431 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.