JD PACK & GREEN: 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 PACK & GREEN
Largest movements
- Cash -€162,288
down €162,288 (-63.0%), from €257,774 to €95,486
mainly Receivables within one year (-€57,047) and Investment in fixed assets (net) (-€56,480)
- Receivables within one year +€57,047
up €57,047 (+68.2%), from €83,689 to €140,735
of which Trade receivables: +€57,047
- Tangible fixed assets +€23,254
up €23,254 (+5.9%), from €392,926 to €416,180
of which Furniture and vehicles: +€42,870
- Tax, wage and social debts -€42,418
down €42,418 (-96.3%), from €44,031 to €1,613
of which Taxes: -€41,775
- Other debts -€33,822
down €33,822 (-83.5%), from €40,521 to €6,699
- Profit (loss) carried forward -€23,317
down €23,317 (-94.0%), from €24,807 to €1,490
- Debts after one year +€17,912
up €17,912 (+6.0%), from €297,430 to €315,342
- Current portion of long-term debt +€16,048
up €16,048 (+95.7%), from €16,767 to €32,815
- Gross operating margin -€462,633
down €462,633 (-97.9%), from €472,603 to €9,970
- Staff costs -€351,255
down €351,255, from €337,965 to -€13,289
- Other operating charges -€42,516
down €42,516 (-92.0%), from €46,197 to €3,682
- Taxes -€15,311
down €15,311 (-85.2%), from €17,975 to €2,664
- Financial income +€7,147
up €7,147 (+3867.8%), from €185 to €7,332
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 | €738,803 | €657,644 | -€81,158 | -11.0% |
| Fixed assets | 21/28 | €393,540 | €416,795 | +€23,254 | +5.9% |
| Tangible fixed assets | 22/27 | €392,926 | €416,180 | +€23,254 | +5.9% |
| Land and buildings | 22 | €354,546 | €335,715 | -€18,830 | -5.3% |
| Plant, machinery and equipment | 23 | €31,585 | €30,799 | -€785 | -2.5% |
| Furniture and vehicles | 24 | €6,796 | €49,665 | +€42,870 | +630.8% |
| Financial fixed assets | 28 | €614 | €614 | = | 0.0% |
| Current assets | 29/58 | €345,262 | €240,850 | -€104,413 | -30.2% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €83,689 | €140,735 | +€57,047 | +68.2% |
| Trade receivables | 40 | €63,689 | €120,735 | +€57,047 | +89.6% |
| Other amounts receivable | 41 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €257,774 | €95,486 | -€162,288 | -63.0% |
| Deferred charges and accrued income | 490/1 | €3,800 | €4,628 | +€829 | +21.8% |
| Total equity and liabilities | 10/49 | €738,803 | €657,644 | -€81,158 | -11.0% |
| Equity | 10/15 | €282,280 | €258,963 | -€23,317 | -8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €251,273 | €251,273 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,720 | €7,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,720 | €7,720 | = | 0.0% |
| Distributable reserves | 133 | €243,553 | €243,553 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,807 | €1,490 | -€23,317 | -94.0% |
| Amounts payable | 17/49 | €456,523 | €398,681 | -€57,842 | -12.7% |
| Amounts payable after more than one year | 17 | €297,430 | €315,342 | +€17,912 | +6.0% |
| Financial debts | 170/4 | €297,430 | €315,342 | +€17,912 | +6.0% |
| Amounts payable within one year | 42/48 | €159,093 | €83,340 | -€75,754 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €16,767 | €32,815 | +€16,048 | +95.7% |
| Trade debts | 44 | €57,775 | €42,213 | -€15,562 | -26.9% |
| Suppliers | 440/4 | €57,775 | €42,213 | -€15,562 | -26.9% |
| Taxes, remuneration and social security | 45 | €44,031 | €1,613 | -€42,418 | -96.3% |
| Taxes | 450/3 | €42,387 | €613 | -€41,775 | -98.6% |
| Remuneration and social security | 454/9 | €1,644 | €1,000 | -€644 | -39.2% |
| Other amounts payable | 47/48 | €40,521 | €6,699 | -€33,822 | -83.5% |
| Non-recurring operating income | 76A | - | €37,141 | +€37,141 | |
| Remuneration, social security and pensions | 62 | €337,965 | -€13,289 | -€351,255 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,894 | €33,226 | -€3,668 | -9.9% |
| Other operating charges | 640/8 | €46,197 | €3,682 | -€42,516 | -92.0% |
| Gross operating margin | 9900 | €472,603 | €9,970 | -€462,633 | -97.9% |
| Operating profit (loss) | 9901 | €51,547 | -€13,648 | -€65,195 | |
| Financial income | 75/76B | €185 | €7,332 | +€7,147 | +3867.8% |
| Recurring financial income | 75 | €185 | €7,332 | +€7,147 | +3867.8% |
| Financial charges | 65/66B | €10,191 | €14,336 | +€4,146 | +40.7% |
| Recurring financial charges | 65 | €10,191 | €14,336 | +€4,146 | +40.7% |
| Profit (loss) for the period before taxes | 9903 | €41,541 | -€20,653 | -€62,193 | |
| Income taxes | 67/77 | €17,975 | €2,664 | -€15,311 | -85.2% |
| Profit (loss) for the period | 9904 | €23,565 | -€23,317 | -€46,882 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,565 | -€23,317 | -€46,882 |
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 1 October 2026 via checked.be.