JD LAB: 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 LAB
Largest movements
- Receivables within one year +€132,064
up €132,064 (+106.9%), from €123,503 to €255,566
of which Trade receivables: +€116,526
- Current investments +€85,480
up €85,480 (+54.9%), from €155,716 to €241,196
- Cash +€22,414
up €22,414 (+11.3%), from €198,119 to €220,533
mainly Other debts (+€236,124) and Net result for the year (+€232,840)
- Other debts +€236,124
up €236,124 (+3540.2%), from €6,670 to €242,793
- Gross operating margin +€64,105
up €64,105 (+27.4%), from €233,743 to €297,848
- Taxes +€16,742
up €16,742 (+31.9%), from €52,468 to €69,211
- Financial income +€6,647
up €6,647 (+66474000.0%), from €0 to €6,647
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 | €482,440 | €720,894 | +€238,454 | +49.4% |
| Formation expenses | 20 | €1,077 | €489 | -€588 | -54.6% |
| Fixed assets | 21/28 | €2,240 | €1,289 | -€952 | -42.5% |
| Tangible fixed assets | 22/27 | €2,240 | €1,289 | -€952 | -42.5% |
| Furniture and vehicles | 24 | €2,240 | €1,289 | -€952 | -42.5% |
| Current assets | 29/58 | €479,123 | €719,116 | +€239,993 | +50.1% |
| Amounts receivable within one year | 40/41 | €123,503 | €255,566 | +€132,064 | +106.9% |
| Trade receivables | 40 | €120,714 | €237,240 | +€116,526 | +96.5% |
| Other amounts receivable | 41 | €2,789 | €18,326 | +€15,538 | +557.1% |
| Current investments | 50/53 | €155,716 | €241,196 | +€85,480 | +54.9% |
| Cash at bank and in hand | 54/58 | €198,119 | €220,533 | +€22,414 | +11.3% |
| Deferred charges and accrued income | 490/1 | €1,785 | €1,820 | +€36 | +2.0% |
| Total equity and liabilities | 10/49 | €482,440 | €720,894 | +€238,454 | +49.4% |
| Equity | 10/15 | €465,197 | €465,197 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €462,197 | €462,197 | = | 0.0% |
| Distributable reserves | 133 | €462,197 | €462,197 | = | 0.0% |
| Amounts payable | 17/49 | €17,242 | €255,696 | +€238,454 | +1382.9% |
| Amounts payable within one year | 42/48 | €17,242 | €255,696 | +€238,454 | +1382.9% |
| Trade debts | 44 | €1,216 | €6,303 | +€5,087 | +418.5% |
| Suppliers | 440/4 | €1,216 | €6,303 | +€5,087 | +418.5% |
| Taxes, remuneration and social security | 45 | €9,357 | €6,600 | -€2,757 | -29.5% |
| Taxes | 450/3 | €9,357 | €6,600 | -€2,757 | -29.5% |
| Other amounts payable | 47/48 | €6,670 | €242,793 | +€236,124 | +3540.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,682 | €1,539 | -€142 | -8.5% |
| Other operating charges | 640/8 | €484 | €500 | +€16 | +3.3% |
| Gross operating margin | 9900 | €233,743 | €297,848 | +€64,105 | +27.4% |
| Operating profit (loss) | 9901 | €231,578 | €295,809 | +€64,231 | +27.7% |
| Financial income | 75/76B | €0 | €6,647 | +€6,647 | +66474000.0% |
| Recurring financial income | 75 | €0 | €6,647 | +€6,647 | +66474000.0% |
| Financial charges | 65/66B | €2,744 | €405 | -€2,339 | -85.2% |
| Recurring financial charges | 65 | €2,744 | €405 | -€2,339 | -85.2% |
| Profit (loss) for the period before taxes | 9903 | €228,834 | €302,051 | +€73,217 | +32.0% |
| Income taxes | 67/77 | €52,468 | €69,211 | +€16,742 | +31.9% |
| Profit (loss) for the period | 9904 | €176,366 | €232,840 | +€56,475 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €176,366 | €232,840 | +€56,475 | +32.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.