JD RENOVATIONS: 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 RENOVATIONS
Largest movements
- Receivables within one year +€10,749
up €10,749 (+391%), from €2,750 to €13,499
of which Trade receivables: +€10,952
- Tangible fixed assets -€4,645
down €4,645 (-47.7%), from €9,742 to €5,096
of which Furniture and vehicles: -€4,371
- Cash -€3,141
down €3,141 (-81.2%), from €3,868 to €728
mainly Receivables within one year (-€10,749) and Tax, wage and social debts (-€3,232)
- Other debts +€7,925
up €7,925 (+134%), from €5,894 to €13,819
- Tax, wage and social debts -€3,232
down €3,232 (-90.8%), from €3,559 to €328
of which Taxes: -€3,232
- Profit (loss) carried forward -€1,533
down €1,533 (-12.2%), from €12,526 to €10,994
- Gross operating margin -€1,870
down €1,870 (-31.2%), from €5,997 to €4,127
- Taxes -€328
no longer reported in 2025 (was €328)
- Other operating charges +€211
up €211 (+124%), from €170 to €381
- Financial charges -€139
down €139 (-44.2%), from €315 to €176
- Depreciation +€92
up €92 (+1.9%), from €4,913 to €5,005
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.
Derived cash bridge
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 | €23,360 | €26,443 | +€3,083 | +13.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €9,742 | €5,096 | -€4,645 | -47.7% |
| Tangible fixed assets | 22/27 | €9,742 | €5,096 | -€4,645 | -47.7% |
| Plant, machinery and equipment | 23 | €1,252 | €978 | -€274 | -21.9% |
| Furniture and vehicles | 24 | €8,489 | €4,118 | -€4,371 | -51.5% |
| Current assets | 29/58 | €13,618 | €21,347 | +€7,729 | +56.8% |
| Stocks and contracts in progress | 3 | €7,000 | €7,000 | = | 0.0% |
| Stocks | 30/36 | €7,000 | €7,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,750 | €13,499 | +€10,749 | +391% |
| Trade receivables | 40 | €817 | €11,769 | +€10,952 | +1,341% |
| Other amounts receivable | 41 | €1,934 | €1,730 | -€203 | -10.5% |
| Cash at bank and in hand | 54/58 | €3,868 | €728 | -€3,141 | -81.2% |
| Deferred charges and accrued income | 490/1 | €0 | €120 | +€120 | |
| Total equity and liabilities | 10/49 | €23,360 | €26,443 | +€3,083 | +13.2% |
| Equity | 10/15 | €13,526 | €11,994 | -€1,533 | -11.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,526 | €10,994 | -€1,533 | -12.2% |
| Amounts payable | 17/49 | €9,834 | €14,449 | +€4,616 | +46.9% |
| Amounts payable within one year | 42/48 | €9,834 | €14,449 | +€4,616 | +46.9% |
| Trade debts | 44 | €381 | €303 | -€78 | -20.4% |
| Suppliers | 440/4 | €381 | €303 | -€78 | -20.4% |
| Taxes, remuneration and social security | 45 | €3,559 | €328 | -€3,232 | -90.8% |
| Taxes | 450/3 | €3,559 | €328 | -€3,232 | -90.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €5,894 | €13,819 | +€7,925 | +134% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,913 | €5,005 | +€92 | +1.9% |
| Other operating charges | 640/8 | €170 | €381 | +€211 | +124% |
| Gross operating margin | 9900 | €5,997 | €4,127 | -€1,870 | -31.2% |
| Operating profit (loss) | 9901 | €914 | -€1,258 | -€2,172 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +135% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +135% |
| Financial charges | 65/66B | €315 | €176 | -€139 | -44.2% |
| Recurring financial charges | 65 | €315 | €176 | -€139 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €600 | -€1,433 | -€2,032 | |
| Income taxes | 67/77 | €328 | - | -€328 | |
| Profit (loss) for the period | 9904 | €272 | -€1,433 | -€1,705 | |
| Profit (loss) for the period to be appropriated | 9905 | €272 | -€1,433 | -€1,705 |
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 15 October 2026 via checked.be.