JD INSTALLATIONS: 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 INSTALLATIONS
Largest movements
- Receivables within one year -€70,509
down €70,509 (-28.8%), from €244,702 to €174,193
of which Trade receivables: -€69,367
- Trade debts -€56,857
down €56,857 (-56.1%), from €101,350 to €44,493
- Profit (loss) carried forward -€17,293
down €17,293 (-8.2%), from €212,031 to €194,737
- Short-term financial debts -€13,997
down €13,997 (-77.1%), from €18,149 to €4,152
- Tax, wage and social debts +€10,460
up €10,460 (+11.6%), from €90,001 to €100,461
of which Taxes: +€8,982
- Gross operating margin -€202,047
down €202,047 (-28.8%), from €702,661 to €500,614
- Staff costs -€104,377
down €104,377 (-20.7%), from €505,035 to €400,658
- Depreciation -€26,878
down €26,878 (-41.4%), from €64,972 to €38,094
- Taxes -€14,658
down €14,658 (-53.8%), from €27,264 to €12,606
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €692,097 | €621,600 | -€70,496 | -10.2% |
| Fixed assets | 21/28 | €420,919 | €424,104 | +€3,185 | +0.8% |
| Tangible fixed assets | 22/27 | €420,556 | €423,741 | +€3,185 | +0.8% |
| Land and buildings | 22 | €387,884 | €374,129 | -€13,755 | -3.5% |
| Plant, machinery and equipment | 23 | €16,203 | €13,366 | -€2,837 | -17.5% |
| Furniture and vehicles | 24 | €16,469 | €36,246 | +€19,777 | +120.1% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €271,178 | €197,496 | -€73,681 | -27.2% |
| Stocks and contracts in progress | 3 | €20,000 | €20,000 | = | 0.0% |
| Stocks | 30/36 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €244,702 | €174,193 | -€70,509 | -28.8% |
| Trade receivables | 40 | €227,231 | €157,865 | -€69,367 | -30.5% |
| Other amounts receivable | 41 | €17,471 | €16,328 | -€1,142 | -6.5% |
| Deferred charges and accrued income | 490/1 | €6,476 | €3,303 | -€3,172 | -49.0% |
| Total equity and liabilities | 10/49 | €692,097 | €621,600 | -€70,496 | -10.2% |
| Equity | 10/15 | €212,361 | €195,067 | -€17,293 | -8.1% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Capital | 10 | €300 | - | -€300 | |
| Issued capital | 100 | €300 | - | -€300 | |
| Reserves | 13 | €30 | €30 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30 | €30 | = | 0.0% |
| Reserves not available under the articles | 1311 | €30 | €30 | = | 0.0% |
| Profit (loss) carried forward | 14 | €212,031 | €194,737 | -€17,293 | -8.2% |
| Amounts payable | 17/49 | €479,736 | €426,533 | -€53,203 | -11.1% |
| Amounts payable after more than one year | 17 | €224,072 | €217,816 | -€6,256 | -2.8% |
| Financial debts | 170/4 | €224,072 | €217,816 | -€6,256 | -2.8% |
| Amounts payable within one year | 42/48 | €253,582 | €200,550 | -€53,032 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €18,723 | €22,246 | +€3,523 | +18.8% |
| Financial debts | 43 | €18,149 | €4,152 | -€13,997 | -77.1% |
| Credit institutions | 430/8 | €18,149 | €4,152 | -€13,997 | -77.1% |
| Trade debts | 44 | €101,350 | €44,493 | -€56,857 | -56.1% |
| Suppliers | 440/4 | €101,350 | €44,493 | -€56,857 | -56.1% |
| Taxes, remuneration and social security | 45 | €90,001 | €100,461 | +€10,460 | +11.6% |
| Taxes | 450/3 | €30,876 | €39,858 | +€8,982 | +29.1% |
| Remuneration and social security | 454/9 | €59,125 | €60,603 | +€1,478 | +2.5% |
| Other amounts payable | 47/48 | €25,359 | €29,198 | +€3,839 | +15.1% |
| Accrued charges and deferred income | 492/3 | €2,083 | €8,168 | +€6,086 | +292.2% |
| Remuneration, social security and pensions | 62 | €505,035 | €400,658 | -€104,377 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,972 | €38,094 | -€26,878 | -41.4% |
| Other operating charges | 640/8 | €23,039 | €28,544 | +€5,505 | +23.9% |
| Gross operating margin | 9900 | €702,661 | €500,614 | -€202,047 | -28.8% |
| Operating profit (loss) | 9901 | €109,615 | €33,318 | -€76,297 | -69.6% |
| Financial income | 75/76B | €812 | €240 | -€572 | -70.4% |
| Recurring financial income | 75 | €812 | €240 | -€572 | -70.4% |
| Financial charges | 65/66B | €17,846 | €14,646 | -€3,200 | -17.9% |
| Recurring financial charges | 65 | €17,846 | €14,646 | -€3,200 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €92,581 | €18,913 | -€73,669 | -79.6% |
| Income taxes | 67/77 | €27,264 | €12,606 | -€14,658 | -53.8% |
| Profit (loss) for the period | 9904 | €65,318 | €6,307 | -€59,011 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,318 | €6,307 | -€59,011 | -90.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.