JD-SOLUTION: 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-SOLUTION
Largest movements
- Receivables within one year +€14,020
up €14,020 (+159.8%), from €8,772 to €22,792
of which Trade receivables: +€13,978
- Tangible fixed assets -€11,163
down €11,163 (-26.1%), from €42,810 to €31,647
of which Furniture and vehicles: -€11,685
- Cash +€6,300
up €6,300 (+642.7%), from €980 to €7,280
mainly Other debts (+€25,846) and Depreciation (+€12,261)
- Deferred charges and accrued income +€1,134
up €1,134 (+67.4%), from €1,683 to €2,817
- Other debts +€25,846
new in 2025: €25,846
- Reserves -€14,925
down €14,925 (-97.5%), from €15,310 to €385
- Debts after one year -€9,498
down €9,498 (-36.2%), from €26,264 to €16,766
- Tax, wage and social debts +€6,348
up €6,348 (+112.5%), from €5,645 to €11,993
of which Taxes: +€6,225
- Trade debts +€2,120
up €2,120 (+8307.7%), from €26 to €2,146
- Gross operating margin +€20,467
up €20,467 (+1243.2%), from €1,646 to €22,113
- Financial charges +€1,677
up €1,677 (+87.9%), from €1,909 to €3,586
- Other operating charges +€372
up €372 (+75.8%), from €491 to €863
- Taxes +€319
up €319 (+3699.5%), from €9 to €328
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 | €56,843 | €67,134 | +€10,291 | +18.1% |
| Fixed assets | 21/28 | €42,810 | €31,647 | -€11,163 | -26.1% |
| Tangible fixed assets | 22/27 | €42,810 | €31,647 | -€11,163 | -26.1% |
| Plant, machinery and equipment | 23 | €425 | €947 | +€522 | +122.6% |
| Furniture and vehicles | 24 | €42,385 | €30,700 | -€11,685 | -27.6% |
| Current assets | 29/58 | €14,032 | €35,487 | +€21,454 | +152.9% |
| Stocks and contracts in progress | 3 | €2,597 | €2,597 | = | 0.0% |
| Stocks | 30/36 | €2,597 | €2,597 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,772 | €22,792 | +€14,020 | +159.8% |
| Trade receivables | 40 | €6,311 | €20,290 | +€13,978 | +221.5% |
| Other amounts receivable | 41 | €2,461 | €2,502 | +€42 | +1.7% |
| Cash at bank and in hand | 54/58 | €980 | €7,280 | +€6,300 | +642.7% |
| Deferred charges and accrued income | 490/1 | €1,683 | €2,817 | +€1,134 | +67.4% |
| Total equity and liabilities | 10/49 | €56,843 | €67,134 | +€10,291 | +18.1% |
| Equity | 10/15 | €15,810 | €885 | -€14,925 | -94.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €15,310 | €385 | -€14,925 | -97.5% |
| Distributable reserves | 133 | €15,310 | €385 | -€14,925 | -97.5% |
| Amounts payable | 17/49 | €41,033 | €66,249 | +€25,216 | +61.5% |
| Amounts payable after more than one year | 17 | €26,264 | €16,766 | -€9,498 | -36.2% |
| Financial debts | 170/4 | €26,264 | €16,766 | -€9,498 | -36.2% |
| Amounts payable within one year | 42/48 | €14,768 | €49,483 | +€34,714 | +235.1% |
| Current portion of amounts payable after more than one year | 42 | €9,098 | €9,498 | +€400 | +4.4% |
| Trade debts | 44 | €26 | €2,146 | +€2,120 | +8307.7% |
| Suppliers | 440/4 | €26 | €2,146 | +€2,120 | +8307.7% |
| Taxes, remuneration and social security | 45 | €5,645 | €11,993 | +€6,348 | +112.5% |
| Taxes | 450/3 | €3,145 | €9,369 | +€6,225 | +197.9% |
| Remuneration and social security | 454/9 | €2,500 | €2,624 | +€124 | +4.9% |
| Other amounts payable | 47/48 | - | €25,846 | +€25,846 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,133 | €12,261 | +€128 | +1.1% |
| Other operating charges | 640/8 | €491 | €863 | +€372 | +75.8% |
| Gross operating margin | 9900 | €1,646 | €22,113 | +€20,467 | +1243.2% |
| Operating profit (loss) | 9901 | -€10,978 | €8,988 | +€19,966 | |
| Financial charges | 65/66B | €1,909 | €3,586 | +€1,677 | +87.9% |
| Recurring financial charges | 65 | €1,909 | €3,586 | +€1,677 | +87.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,886 | €5,403 | +€18,289 | |
| Income taxes | 67/77 | €9 | €328 | +€319 | +3699.5% |
| Profit (loss) for the period | 9904 | -€12,895 | €5,075 | +€17,970 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,895 | €5,075 | +€17,970 |
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 29 September 2026 via checked.be.