JD LABS: 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 LABS
Largest movements
- Current investments +€124,615
up €124,615 (+96.7%), from €128,923 to €253,538
- Cash -€44,325
down €44,325 (-24.1%), from €183,874 to €139,549
mainly Current investments (-€124,615) and Contributions, distributions and other (-€38,612)
- Other debts +€41,138
up €41,138 (+1534.6%), from €2,681 to €43,818
- Reserves +€34,174
up €34,174 (+14.7%), from €232,883 to €267,057
of which Distributable reserves: +€34,174
- Tax, wage and social debts +€5,177
up €5,177 (+40.3%), from €12,848 to €18,024
- Financial charges -€11,822
down €11,822, from €5,063 to -€6,758
- Taxes +€6,975
up €6,975 (+27.1%), from €25,696 to €32,672
- Financial income +€6,619
up €6,619 (+140.4%), from €4,714 to €11,334
- Gross operating margin -€1,473
down €1,473 (-1.7%), from €89,238 to €87,765
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 | €344,007 | €423,823 | +€79,815 | +23.2% |
| Fixed assets | 21/28 | €25 | €25 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €343,982 | €423,798 | +€79,815 | +23.2% |
| Amounts receivable within one year | 40/41 | €31,186 | €30,711 | -€475 | -1.5% |
| Trade receivables | 40 | €27,477 | €29,711 | +€2,234 | +8.1% |
| Other amounts receivable | 41 | €3,709 | €1,000 | -€2,709 | -73.0% |
| Current investments | 50/53 | €128,923 | €253,538 | +€124,615 | +96.7% |
| Cash at bank and in hand | 54/58 | €183,874 | €139,549 | -€44,325 | -24.1% |
| Total equity and liabilities | 10/49 | €344,007 | €423,823 | +€79,815 | +23.2% |
| Equity | 10/15 | €323,737 | €357,911 | +€34,174 | +10.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €232,883 | €267,057 | +€34,174 | +14.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €231,023 | €265,197 | +€34,174 | +14.8% |
| Profit (loss) carried forward | 14 | €78,454 | €78,454 | = | 0.0% |
| Amounts payable | 17/49 | €20,271 | €65,912 | +€45,642 | +225.2% |
| Amounts payable within one year | 42/48 | €20,154 | €65,647 | +€45,493 | +225.7% |
| Trade debts | 44 | €4,626 | €3,804 | -€822 | -17.8% |
| Suppliers | 440/4 | €4,626 | €3,804 | -€822 | -17.8% |
| Taxes, remuneration and social security | 45 | €12,848 | €18,024 | +€5,177 | +40.3% |
| Taxes | 450/3 | €12,848 | €18,024 | +€5,177 | +40.3% |
| Other amounts payable | 47/48 | €2,681 | €43,818 | +€41,138 | +1534.6% |
| Accrued charges and deferred income | 492/3 | €116 | €265 | +€149 | +127.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €89,238 | €87,765 | -€1,473 | -1.7% |
| Operating profit (loss) | 9901 | €88,851 | €87,366 | -€1,486 | -1.7% |
| Financial income | 75/76B | €4,714 | €11,334 | +€6,619 | +140.4% |
| Recurring financial income | 75 | €4,714 | €11,334 | +€6,619 | +140.4% |
| Financial charges | 65/66B | €5,063 | -€6,758 | -€11,822 | |
| Recurring financial charges | 65 | €5,063 | -€6,758 | -€11,822 | |
| Profit (loss) for the period before taxes | 9903 | €88,502 | €105,457 | +€16,955 | +19.2% |
| Income taxes | 67/77 | €25,696 | €32,672 | +€6,975 | +27.1% |
| Profit (loss) for the period | 9904 | €62,806 | €72,786 | +€9,980 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €62,806 | €72,786 | +€9,980 | +15.9% |
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 7 October 2026 via checked.be.