JD HOLDING: what changed
What changed
JD HOLDING
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€423,376
2024 · -€216,805-€206,571
Equity
€4.4m
2024 · €6.9m-€2.5m
Cash
€53,047
2024 · €4,951+€48,096
Balance sheet total
€9.0m
2024 · €9.1m-€194,503
Largest movements
Assets
- Receivables within one year -€303,271
down €303,271 (-20.7%), from €1.5m to €1.2m
of which Trade receivables: -€384,404
Equity and liabilities
- Debts after one year +€3.4m
up €3.4m (+918%), from €372,804 to €3.8m
- Contributions -€2.0m
down €2.0m (-30.0%), from €6.7m to €4.7m
- Other debts -€1.2m
down €1.2m (-69.5%), from €1.7m to €509,993
- Profit (loss) carried forward -€295,835
new in 2025: -€295,835
- Reserves -€182,202
no longer reported in 2025 (was €182,202)
Income statement
- Goods and materials +€496,982
up €496,982 (+7,946%), from €6,254 to €503,236
- Financial income +€242,103
up €242,103 (+314%), from €77,125 to €319,228
of which Non-recurring financial income: +€242,113
- Turnover +€27,009
up €27,009 (+9.7%), from €278,690 to €305,699
- Staff costs +€22,608
up €22,608 (+14.4%), from €157,319 to €179,927
- Financial charges +€11,984
up €11,984 (+6.7%), from €178,091 to €190,075
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€216,805
Turnover
+€27,009
Other operating income
+€7,265
Goods and materials
-€496,982
Services and other goods
+€8,353
Staff costs
-€22,608
Depreciation
-€3,499
Other operating charges
-€732
Other operating items
+€44,504
Financial income
+€242,103
Financial charges
-€11,984
Taxes
+€0
Result 2025
-€423,376
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.2m
Investment
-€85,314
Financing
+€1.3m
Cash 2024
€4,951
From operations (derived)
-€1.2m
Net result for the year
-€423,376
Depreciation
+€3,499
Receivables within one year
+€303,271
Deferred charges and accrued income
+€21,144
Trade debts
+€26,533
Tax, wage and social debts
+€17,539
Other debts
-€1.2m
Accrued charges and deferred income
-€132
Investment (derived)
-€85,314
Investment in fixed assets (net)
-€85,314
Financing
+€1.3m
Debts after one year
+€3.4m
Current portion of long-term debt
+€1,441
Contributions, distributions and other
-€2.1m
Cash 2025
€53,047
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,145,929 | €8,951,426 | -€194,503 | -2.1% |
| Fixed assets | 21/28 | €7,516,802 | €7,598,617 | +€81,815 | +1.1% |
| Financial fixed assets | 28 | €7,516,802 | €7,598,617 | +€81,815 | +1.1% |
| Affiliated companies | 280/1 | €7,455,302 | €7,547,117 | +€91,815 | +1.2% |
| Participating interests | 280 | €7,455,302 | €7,547,117 | +€91,815 | +1.2% |
| Companies linked by participating interests | 282/3 | €61,500 | €51,500 | -€10,000 | -16.3% |
| Participating interests | 282 | €61,500 | €51,500 | -€10,000 | -16.3% |
| Current assets | 29/58 | €1,629,127 | €1,352,808 | -€276,318 | -17.0% |
| Amounts receivable after more than one year | 29 | €130,000 | €130,000 | = | 0.0% |
| Other amounts receivable | 291 | €130,000 | €130,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,463,562 | €1,160,292 | -€303,271 | -20.7% |
| Trade receivables | 40 | €542,755 | €158,351 | -€384,404 | -70.8% |
| Other amounts receivable | 41 | €920,807 | €1,001,941 | +€81,134 | +8.8% |
| Cash at bank and in hand | 54/58 | €4,951 | €53,047 | +€48,096 | +971% |
| Deferred charges and accrued income | 490/1 | €30,613 | €9,470 | -€21,144 | -69.1% |
| Total equity and liabilities | 10/49 | €9,145,929 | €8,951,426 | -€194,503 | -2.1% |
| Equity | 10/15 | €6,920,639 | €4,421,071 | -€2.5m | -36.1% |
| Contributions | 10/11 | €6,738,437 | €4,716,906 | -€2.0m | -30.0% |
| Reserves | 13 | €182,202 | - | -€182,202 | |
| Distributable reserves | 133 | €182,202 | - | -€182,202 | |
| Profit (loss) carried forward | 14 | - | -€295,835 | -€295,835 | |
| Amounts payable | 17/49 | €2,225,290 | €4,530,355 | +€2.3m | +104% |
| Amounts payable after more than one year | 17 | €372,804 | €3,796,826 | +€3.4m | +918% |
| Financial debts | 170/4 | €372,804 | €3,796,826 | +€3.4m | +918% |
| Credit institutions | 173 | €372,804 | €296,900 | -€75,904 | -20.4% |
| Other loans | 174 | - | €3,499,926 | +€3.5m | |
| Amounts payable within one year | 42/48 | €1,851,776 | €732,951 | -€1.1m | -60.4% |
| Current portion of amounts payable after more than one year | 42 | €80,728 | €82,168 | +€1,441 | +1.8% |
| Trade debts | 44 | €51,399 | €77,932 | +€26,533 | +51.6% |
| Suppliers | 440/4 | €51,399 | €77,932 | +€26,533 | +51.6% |
| Taxes, remuneration and social security | 45 | €45,319 | €62,858 | +€17,539 | +38.7% |
| Taxes | 450/3 | €26,392 | €28,554 | +€2,162 | +8.2% |
| Remuneration and social security | 454/9 | €18,927 | €34,304 | +€15,377 | +81.2% |
| Other amounts payable | 47/48 | €1,674,331 | €509,993 | -€1.2m | -69.5% |
| Accrued charges and deferred income | 492/3 | €710 | €578 | -€132 | -18.6% |
| Operating income | 70/76A | €297,433 | €376,210 | +€78,777 | +26.5% |
| Turnover | 70 | €278,690 | €305,699 | +€27,009 | +9.7% |
| Other operating income | 74 | €9,526 | €16,791 | +€7,265 | +76.3% |
| Non-recurring operating income | 76A | €9,217 | €53,721 | +€44,504 | +483% |
| Operating charges | 60/66A | €412,713 | €928,181 | +€515,468 | +125% |
| Goods for resale, raw materials and consumables | 60 | €6,254 | €503,236 | +€496,982 | +7,946% |
| Purchases | 600/8 | €6,254 | €503,236 | +€496,982 | +7,946% |
| Services and other goods | 61 | €246,651 | €238,298 | -€8,353 | -3.4% |
| Remuneration, social security and pensions | 62 | €157,319 | €179,927 | +€22,608 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,499 | +€3,499 | |
| Other operating charges | 640/8 | €2,489 | €3,221 | +€732 | +29.4% |
| Operating profit (loss) | 9901 | -€115,280 | -€551,970 | -€436,690 | -379% |
| Financial income | 75/76B | €77,125 | €319,228 | +€242,103 | +314% |
| Recurring financial income | 75 | €77,125 | €77,115 | -€10 | 0.0% |
| Income from current assets | 751 | €77,125 | €77,115 | -€10 | 0.0% |
| Non-recurring financial income | 76B | - | €242,113 | +€242,113 | |
| Financial charges | 65/66B | €178,091 | €190,075 | +€11,984 | +6.7% |
| Recurring financial charges | 65 | €178,091 | €190,075 | +€11,984 | +6.7% |
| Debt charges | 650 | €177,300 | €133,050 | -€44,249 | -25.0% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €56,722 | +€56,722 | |
| Other financial charges | 652/9 | €792 | €304 | -€488 | -61.6% |
| Profit (loss) for the period before taxes | 9903 | -€216,246 | -€422,818 | -€206,572 | -95.5% |
| Income taxes | 67/77 | €559 | €559 | -€0 | -0.1% |
| Taxes | 670/3 | €559 | €559 | -€0 | -0.1% |
| Profit (loss) for the period | 9904 | -€216,805 | -€423,376 | -€206,571 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€216,805 | -€423,376 | -€206,571 | -95.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.