JD FINANCIAL SERVICES: 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 FINANCIAL SERVICES
Largest movements
- Receivables within one year +€51,714
up €51,714 (+38.3%), from €135,046 to €186,760
of which Other amounts receivable: +€69,658
- Tangible fixed assets +€40,507
up €40,507 (+747%), from €5,424 to €45,931
- Receivables after one year -€6,200
no longer reported in 2025 (was €6,200)
- Cash -€5,885
no longer reported in 2025 (was €5,885)
- Profit (loss) carried forward +€59,721
up €59,721 (+123%), from €48,395 to €108,116
- Trade debts +€29,257
up €29,257 (+357%), from €8,193 to €37,450
- Other debts -€23,200
down €23,200 (-99.6%), from €23,285 to €85
- Debts after one year +€18,773
new in 2025: €18,773
- Tax, wage and social debts -€15,804
down €15,804 (-50.3%), from €31,424 to €15,621
- Gross operating margin -€26,116
down €26,116 (-36.9%), from €70,816 to €44,701
- Other operating charges -€11,420
down €11,420 (-98.4%), from €11,607 to €187
- Financial income -€1,911
no longer reported in 2025 (was €1,911)
- Taxes -€1,234
no longer reported in 2025 (was €1,234)
- Depreciation +€716
up €716 (+67.6%), from €1,059 to €1,775
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €152,782 | €233,515 | +€80,734 | +52.8% |
| Fixed assets | 21/28 | €5,424 | €45,931 | +€40,507 | +747% |
| Tangible fixed assets | 22/27 | €5,424 | €45,931 | +€40,507 | +747% |
| Furniture and vehicles | 24 | €5,424 | €45,931 | +€40,507 | +747% |
| Current assets | 29/58 | €147,358 | €187,584 | +€40,226 | +27.3% |
| Amounts receivable after more than one year | 29 | €6,200 | - | -€6,200 | |
| Other amounts receivable | 291 | €6,200 | - | -€6,200 | |
| Amounts receivable within one year | 40/41 | €135,046 | €186,760 | +€51,714 | +38.3% |
| Trade receivables | 40 | €20,402 | €2,458 | -€17,944 | -88.0% |
| Other amounts receivable | 41 | €114,644 | €184,302 | +€69,658 | +60.8% |
| Cash at bank and in hand | 54/58 | €5,885 | - | -€5,885 | |
| Deferred charges and accrued income | 490/1 | €227 | €824 | +€598 | +264% |
| Total equity and liabilities | 10/49 | €152,782 | €233,515 | +€80,734 | +52.8% |
| Equity | 10/15 | €89,880 | €149,601 | +€59,721 | +66.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,285 | €35,285 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,425 | €7,425 | = | 0.0% |
| Distributable reserves | 133 | €26,000 | €26,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,395 | €108,116 | +€59,721 | +123% |
| Amounts payable | 17/49 | €62,901 | €83,914 | +€21,013 | +33.4% |
| Amounts payable after more than one year | 17 | - | €18,773 | +€18,773 | |
| Financial debts | 170/4 | - | €18,773 | +€18,773 | |
| Amounts payable within one year | 42/48 | €62,901 | €65,141 | +€2,240 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,234 | +€9,234 | |
| Financial debts | 43 | - | €2,751 | +€2,751 | |
| Credit institutions | 430/8 | - | €2,751 | +€2,751 | |
| Trade debts | 44 | €8,193 | €37,450 | +€29,257 | +357% |
| Suppliers | 440/4 | €8,193 | €37,450 | +€29,257 | +357% |
| Taxes, remuneration and social security | 45 | €31,424 | €15,621 | -€15,804 | -50.3% |
| Taxes | 450/3 | €31,424 | €15,621 | -€15,804 | -50.3% |
| Other amounts payable | 47/48 | €23,285 | €85 | -€23,200 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,059 | €1,775 | +€716 | +67.6% |
| Other operating charges | 640/8 | €11,607 | €187 | -€11,420 | -98.4% |
| Gross operating margin | 9900 | €70,816 | €44,701 | -€26,116 | -36.9% |
| Operating profit (loss) | 9901 | €58,150 | €42,739 | -€15,411 | -26.5% |
| Financial income | 75/76B | €1,911 | - | -€1,911 | |
| Recurring financial income | 75 | €1,911 | - | -€1,911 | |
| Financial charges | 65/66B | €1,288 | €1,300 | +€11 | +0.9% |
| Recurring financial charges | 65 | €1,288 | €1,300 | +€11 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €58,774 | €41,439 | -€17,334 | -29.5% |
| Income taxes | 67/77 | €1,234 | - | -€1,234 | |
| Profit (loss) for the period | 9904 | €57,539 | €41,439 | -€16,100 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,539 | €41,439 | -€16,100 | -28.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.