JD Services & Management: 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 Services & Management
Largest movements
- Cash -€46,332
down €46,332 (-10.5%), from €439,671 to €393,339
mainly Other debts (-€114,346) and Investment in fixed assets (net) (-€28,211)
- Receivables within one year +€20,422
up €20,422 (+28.6%), from €71,441 to €91,864
of which Other amounts receivable: +€20,422
- Tangible fixed assets +€10,801
up €10,801 (+5.4%), from €199,788 to €210,589
of which Plant, machinery and equipment: +€6,744
- Other debts -€114,346
down €114,346 (-69.0%), from €165,725 to €51,379
- Reserves +€83,078
up €83,078 (+16.9%), from €492,501 to €575,579
- Tax, wage and social debts +€9,141
up €9,141 (+110.6%), from €8,264 to €17,404
of which Taxes: +€9,141
- Gross operating margin -€391,030
down €391,030 (-72.5%), from €539,144 to €148,114
- Taxes +€13,327
up €13,327 (+55.9%), from €23,856 to €37,182
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 | €832,537 | €817,169 | -€15,368 | -1.8% |
| Fixed assets | 21/28 | €315,967 | €326,768 | +€10,801 | +3.4% |
| Tangible fixed assets | 22/27 | €199,788 | €210,589 | +€10,801 | +5.4% |
| Land and buildings | 22 | €179,487 | €185,329 | +€5,842 | +3.3% |
| Plant, machinery and equipment | 23 | €15,119 | €21,863 | +€6,744 | +44.6% |
| Furniture and vehicles | 24 | €5,182 | €3,397 | -€1,785 | -34.4% |
| Financial fixed assets | 28 | €116,179 | €116,179 | = | 0.0% |
| Current assets | 29/58 | €516,570 | €490,401 | -€26,169 | -5.1% |
| Amounts receivable within one year | 40/41 | €71,441 | €91,864 | +€20,422 | +28.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €71,441 | €91,864 | +€20,422 | +28.6% |
| Cash at bank and in hand | 54/58 | €439,671 | €393,339 | -€46,332 | -10.5% |
| Deferred charges and accrued income | 490/1 | €5,458 | €5,198 | -€260 | -4.8% |
| Total equity and liabilities | 10/49 | €832,537 | €817,169 | -€15,368 | -1.8% |
| Equity | 10/15 | €511,101 | €594,179 | +€83,078 | +16.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €492,501 | €575,579 | +€83,078 | +16.9% |
| Distributable reserves | 133 | €492,501 | €575,579 | +€83,078 | +16.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €321,436 | €222,990 | -€98,446 | -30.6% |
| Amounts payable after more than one year | 17 | €119,064 | €121,770 | +€2,706 | +2.3% |
| Financial debts | 170/4 | €119,064 | €121,770 | +€2,706 | +2.3% |
| Amounts payable within one year | 42/48 | €202,068 | €101,071 | -€100,997 | -50.0% |
| Current portion of amounts payable after more than one year | 42 | €14,545 | €14,825 | +€280 | +1.9% |
| Trade debts | 44 | €13,534 | €17,462 | +€3,928 | +29.0% |
| Suppliers | 440/4 | €13,534 | €17,462 | +€3,928 | +29.0% |
| Taxes, remuneration and social security | 45 | €8,264 | €17,404 | +€9,141 | +110.6% |
| Taxes | 450/3 | €8,264 | €17,404 | +€9,141 | +110.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €165,725 | €51,379 | -€114,346 | -69.0% |
| Accrued charges and deferred income | 492/3 | €305 | €149 | -€156 | -51.1% |
| Non-recurring operating income | 76A | €381,603 | €0 | -€381,603 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,082 | €17,410 | +€1,328 | +8.3% |
| Other operating charges | 640/8 | €5,503 | €5,402 | -€101 | -1.8% |
| Gross operating margin | 9900 | €539,144 | €148,114 | -€391,030 | -72.5% |
| Operating profit (loss) | 9901 | €517,559 | €125,302 | -€392,257 | -75.8% |
| Financial income | 75/76B | €291 | €501 | +€210 | +72.3% |
| Recurring financial income | 75 | €291 | €501 | +€210 | +72.3% |
| Financial charges | 65/66B | €8,338 | €5,543 | -€2,796 | -33.5% |
| Recurring financial charges | 65 | €8,338 | €5,543 | -€2,796 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €509,512 | €120,260 | -€389,251 | -76.4% |
| Income taxes | 67/77 | €23,856 | €37,182 | +€13,327 | +55.9% |
| Profit (loss) for the period | 9904 | €485,656 | €83,078 | -€402,578 | -82.9% |
| Profit (loss) for the period to be appropriated | 9905 | €485,656 | €83,078 | -€402,578 | -82.9% |
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 10 October 2026 via checked.be.