JD-INVENT: 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-INVENT
Largest movements
- Receivables within one year -€32,146
down €32,146 (-71.9%), from €44,721 to €12,575
of which Trade receivables: -€25,115
- Tangible fixed assets -€30,228
down €30,228 (-5.2%), from €585,140 to €554,912
of which Land and buildings: -€17,071
- Cash +€24,273
up €24,273 (+66.7%), from €36,394 to €60,667
mainly Other debts (+€40,255) and Receivables within one year (+€32,146)
- Deferred charges and accrued income -€14,305
down €14,305 (-90.6%), from €15,788 to €1,483
- Trade debts -€54,076
no longer reported in 2025 (was €54,076)
- Other debts +€40,255
up €40,255 (+20.0%), from €201,417 to €241,673
- Debts after one year -€38,997
down €38,997 (-67.8%), from €57,558 to €18,561
- Current portion of long-term debt -€25,833
down €25,833 (-38.1%), from €67,876 to €42,043
- Reserves +€21,221
up €21,221 (+8.1%), from €263,494 to €284,716
- Gross operating margin -€4,498
down €4,498 (-5.4%), from €83,563 to €79,065
- Financial charges -€1,752
down €1,752 (-9.3%), from €18,775 to €17,023
- Taxes +€1,590
up €1,590 (+22.3%), from €7,123 to €8,712
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 | €682,043 | €629,637 | -€52,406 | -7.7% |
| Fixed assets | 21/28 | €585,140 | €554,912 | -€30,228 | -5.2% |
| Tangible fixed assets | 22/27 | €585,140 | €554,912 | -€30,228 | -5.2% |
| Land and buildings | 22 | €526,156 | €509,085 | -€17,071 | -3.2% |
| Furniture and vehicles | 24 | €46,068 | €34,971 | -€11,097 | -24.1% |
| Other tangible fixed assets | 26 | €12,916 | €10,856 | -€2,060 | -15.9% |
| Current assets | 29/58 | €96,903 | €74,725 | -€22,178 | -22.9% |
| Amounts receivable within one year | 40/41 | €44,721 | €12,575 | -€32,146 | -71.9% |
| Trade receivables | 40 | €29,075 | €3,960 | -€25,115 | -86.4% |
| Other amounts receivable | 41 | €15,646 | €8,615 | -€7,031 | -44.9% |
| Cash at bank and in hand | 54/58 | €36,394 | €60,667 | +€24,273 | +66.7% |
| Deferred charges and accrued income | 490/1 | €15,788 | €1,483 | -€14,305 | -90.6% |
| Total equity and liabilities | 10/49 | €682,043 | €629,637 | -€52,406 | -7.7% |
| Equity | 10/15 | €282,044 | €303,266 | +€21,221 | +7.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €263,494 | €284,716 | +€21,221 | +8.1% |
| Distributable reserves | 133 | €263,494 | €284,716 | +€21,221 | +8.1% |
| Amounts payable | 17/49 | €399,999 | €326,371 | -€73,627 | -18.4% |
| Amounts payable after more than one year | 17 | €57,558 | €18,561 | -€38,997 | -67.8% |
| Financial debts | 170/4 | €57,558 | €18,561 | -€38,997 | -67.8% |
| Amounts payable within one year | 42/48 | €325,710 | €292,031 | -€33,678 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €67,876 | €42,043 | -€25,833 | -38.1% |
| Trade debts | 44 | €54,076 | - | -€54,076 | |
| Suppliers | 440/4 | €54,076 | - | -€54,076 | |
| Taxes, remuneration and social security | 45 | €2,340 | €8,316 | +€5,976 | +255.4% |
| Taxes | 450/3 | €2,340 | €8,316 | +€5,976 | +255.4% |
| Other amounts payable | 47/48 | €201,417 | €241,673 | +€40,255 | +20.0% |
| Accrued charges and deferred income | 492/3 | €16,731 | €15,778 | -€952 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,535 | €30,228 | -€307 | -1.0% |
| Other operating charges | 640/8 | €1,876 | €1,911 | +€35 | +1.8% |
| Gross operating margin | 9900 | €83,563 | €79,065 | -€4,498 | -5.4% |
| Operating profit (loss) | 9901 | €51,151 | €46,926 | -€4,225 | -8.3% |
| Financial income | 75/76B | €1 | €30 | +€29 | +4900.0% |
| Recurring financial income | 75 | €1 | €30 | +€29 | +4900.0% |
| Financial charges | 65/66B | €18,775 | €17,023 | -€1,752 | -9.3% |
| Recurring financial charges | 65 | €18,775 | €17,023 | -€1,752 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €32,377 | €29,933 | -€2,444 | -7.5% |
| Income taxes | 67/77 | €7,123 | €8,712 | +€1,590 | +22.3% |
| Profit (loss) for the period | 9904 | €25,255 | €21,221 | -€4,033 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,255 | €21,221 | -€4,033 | -16.0% |
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 9 October 2026 via checked.be.