JD FINANCE: 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 FINANCE
Largest movements
- Receivables within one year +€2,479
up €2,479 (+6.2%), from €40,065 to €42,544
- Cash -€1,510
down €1,510 (-16.3%), from €9,271 to €7,761
mainly Trade debts (-€5,054) and Other debts (-€4,036)
- Profit (loss) carried forward +€7,864
up €7,864 (+12.8%), from -€61,221 to -€53,357
- Trade debts -€5,054
down €5,054 (-48.8%), from €10,359 to €5,305
- Other debts -€4,036
down €4,036 (-74.0%), from €5,452 to €1,416
- Tax, wage and social debts +€2,505
up €2,505 (+17.3%), from €14,485 to €16,990
of which Taxes: +€1,840
- Gross operating margin +€5,540
up €5,540 (+8.2%), from €67,237 to €72,777
- Financial income -€3,673
no longer reported in 2025 (was €3,673)
- Staff costs +€1,682
up €1,682 (+2.7%), from €61,921 to €63,603
- Financial charges +€1,266
up €1,266, from -€730 to €536
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 | €49,336 | €50,614 | +€1,278 | +2.6% |
| Current assets | 29/58 | €49,336 | €50,614 | +€1,278 | +2.6% |
| Amounts receivable within one year | 40/41 | €40,065 | €42,544 | +€2,479 | +6.2% |
| Trade receivables | 40 | €40,065 | €42,544 | +€2,479 | +6.2% |
| Cash at bank and in hand | 54/58 | €9,271 | €7,761 | -€1,510 | -16.3% |
| Deferred charges and accrued income | 490/1 | - | €309 | +€309 | |
| Total equity and liabilities | 10/49 | €49,336 | €50,614 | +€1,278 | +2.6% |
| Equity | 10/15 | €19,039 | €26,903 | +€7,864 | +41.3% |
| Contributions | 10/11 | €61,550 | €61,550 | = | 0.0% |
| Capital | 10 | €61,550 | €61,550 | = | 0.0% |
| Issued capital | 100 | €61,550 | €61,550 | = | 0.0% |
| Reserves | 13 | €18,711 | €18,711 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,268 | €4,268 | = | 0.0% |
| Legal reserve | 130 | €4,268 | €4,268 | = | 0.0% |
| Distributable reserves | 133 | €14,443 | €14,443 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,221 | -€53,357 | +€7,864 | +12.8% |
| Amounts payable | 17/49 | €30,297 | €23,711 | -€6,586 | -21.7% |
| Amounts payable within one year | 42/48 | €30,297 | €23,711 | -€6,586 | -21.7% |
| Trade debts | 44 | €10,359 | €5,305 | -€5,054 | -48.8% |
| Suppliers | 440/4 | €10,359 | €5,305 | -€5,054 | -48.8% |
| Taxes, remuneration and social security | 45 | €14,485 | €16,990 | +€2,505 | +17.3% |
| Taxes | 450/3 | €2,845 | €4,685 | +€1,840 | +64.7% |
| Remuneration and social security | 454/9 | €11,640 | €12,305 | +€665 | +5.7% |
| Other amounts payable | 47/48 | €5,452 | €1,416 | -€4,036 | -74.0% |
| Remuneration, social security and pensions | 62 | €61,921 | €63,603 | +€1,682 | +2.7% |
| Other operating charges | 640/8 | €856 | €598 | -€258 | -30.2% |
| Gross operating margin | 9900 | €67,237 | €72,777 | +€5,540 | +8.2% |
| Operating profit (loss) | 9901 | €4,459 | €8,576 | +€4,116 | +92.3% |
| Financial income | 75/76B | €3,673 | - | -€3,673 | |
| Recurring financial income | 75 | €3,673 | - | -€3,673 | |
| Financial charges | 65/66B | -€730 | €536 | +€1,266 | |
| Recurring financial charges | 65 | -€730 | €536 | +€1,266 | |
| Profit (loss) for the period before taxes | 9903 | €8,862 | €8,040 | -€822 | -9.3% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | €8,688 | €7,864 | -€824 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,688 | €7,864 | -€824 | -9.5% |
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 28 October 2026 via checked.be.