JD MED: 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 MED
Largest movements
- Cash +€25,993
up €25,993 (+17.6%), from €147,451 to €173,445
mainly Other debts (+€140,054) and Net result for the year (+€93,834)
- Deferred charges and accrued income -€4,164
down €4,164 (-6.8%), from €61,055 to €56,891
- Tangible fixed assets -€3,038
down €3,038 (-23.6%), from €12,850 to €9,812
of which Furniture and vehicles: -€8,597
- Other debts +€140,054
new in 2025: €140,054
- Reserves -€127,000
down €127,000 (-57.7%), from €220,000 to €93,000
- Tax, wage and social debts +€3,814
new in 2025: €3,814
- Gross operating margin -€10,594
down €10,594 (-7.1%), from €149,977 to €139,383
- Taxes +€7,616
up €7,616 (+29.1%), from €26,198 to €33,814
- Other operating charges -€2,090
down €2,090 (-75.0%), from €2,785 to €695
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 | €223,764 | €241,450 | +€17,686 | +7.9% |
| Fixed assets | 21/28 | €12,850 | €9,812 | -€3,038 | -23.6% |
| Tangible fixed assets | 22/27 | €12,850 | €9,812 | -€3,038 | -23.6% |
| Plant, machinery and equipment | 23 | €3,537 | €9,096 | +€5,559 | +157.2% |
| Furniture and vehicles | 24 | €9,313 | €716 | -€8,597 | -92.3% |
| Current assets | 29/58 | €210,914 | €231,638 | +€20,724 | +9.8% |
| Amounts receivable within one year | 40/41 | €2,408 | €1,302 | -€1,106 | -45.9% |
| Other amounts receivable | 41 | €2,408 | €1,302 | -€1,106 | -45.9% |
| Cash at bank and in hand | 54/58 | €147,451 | €173,445 | +€25,993 | +17.6% |
| Deferred charges and accrued income | 490/1 | €61,055 | €56,891 | -€4,164 | -6.8% |
| Total equity and liabilities | 10/49 | €223,764 | €241,450 | +€17,686 | +7.9% |
| Equity | 10/15 | €222,630 | €96,464 | -€126,166 | -56.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €220,000 | €93,000 | -€127,000 | -57.7% |
| Distributable reserves | 133 | €220,000 | €93,000 | -€127,000 | -57.7% |
| Profit (loss) carried forward | 14 | €130 | €964 | +€834 | +643.0% |
| Amounts payable | 17/49 | €1,135 | €144,986 | +€143,852 | +12678.3% |
| Amounts payable within one year | 42/48 | - | €143,868 | +€143,868 | |
| Taxes, remuneration and social security | 45 | - | €3,814 | +€3,814 | |
| Taxes | 450/3 | - | €3,814 | +€3,814 | |
| Other amounts payable | 47/48 | - | €140,054 | +€140,054 | |
| Accrued charges and deferred income | 492/3 | €1,135 | €1,118 | -€17 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,647 | €10,890 | +€1,243 | +12.9% |
| Other operating charges | 640/8 | €2,785 | €695 | -€2,090 | -75.0% |
| Gross operating margin | 9900 | €149,977 | €139,383 | -€10,594 | -7.1% |
| Operating profit (loss) | 9901 | €137,545 | €127,798 | -€9,747 | -7.1% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €137,410 | €127,648 | -€9,762 | -7.1% |
| Income taxes | 67/77 | €26,198 | €33,814 | +€7,616 | +29.1% |
| Profit (loss) for the period | 9904 | €111,212 | €93,834 | -€17,378 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €111,212 | €93,834 | -€17,378 | -15.6% |
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.