JD Timmerwerken: what changed
JD Timmerwerken
Largest movements
- Tangible fixed assets +€298,522
up €298,522 (+796%), from €37,497 to €336,018
of which Land and buildings: +€317,810
- Receivables within one year -€9,121
down €9,121 (-61.6%), from €14,819 to €5,698
- Cash -€8,634
down €8,634 (-35.7%), from €24,176 to €15,542
mainly Investment in fixed assets (net) (-€314,447) and Trade debts (-€6,131)
- Debts after one year +€257,434
up €257,434 (+2,065%), from €12,465 to €269,899
- Other debts +€14,633
up €14,633 (+414%), from €3,534 to €18,167
- Current portion of long-term debt +€11,944
up €11,944 (+123%), from €9,747 to €21,691
- Trade debts -€6,131
down €6,131 (-59.5%), from €10,311 to €4,180
- Profit (loss) carried forward +€5,674
up €5,674 (+27.1%), from €20,968 to €26,643
- Financial charges +€10,493
up €10,493 (+1,723%), from €609 to €11,102
- Taxes -€5,580
down €5,580 (-76.4%), from €7,306 to €1,727
- Depreciation +€5,034
up €5,034 (+46.2%), from €10,891 to €15,925
- Gross operating margin +€1,562
up €1,562 (+4.7%), from €33,246 to €34,808
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,008 | €380,258 | +€283,250 | +292% |
| Fixed assets | 21/28 | €37,497 | €336,018 | +€298,522 | +796% |
| Tangible fixed assets | 22/27 | €37,497 | €336,018 | +€298,522 | +796% |
| Land and buildings | 22 | - | €317,810 | +€317,810 | |
| Plant, machinery and equipment | 23 | €27,524 | €9,015 | -€18,509 | -67.2% |
| Furniture and vehicles | 24 | €9,973 | €9,194 | -€779 | -7.8% |
| Current assets | 29/58 | €59,512 | €44,240 | -€15,272 | -25.7% |
| Stocks and contracts in progress | 3 | €19,200 | €23,000 | +€3,800 | +19.8% |
| Stocks | 30/36 | €19,200 | €23,000 | +€3,800 | +19.8% |
| Amounts receivable within one year | 40/41 | €14,819 | €5,698 | -€9,121 | -61.6% |
| Trade receivables | 40 | €14,819 | €5,698 | -€9,121 | -61.6% |
| Cash at bank and in hand | 54/58 | €24,176 | €15,542 | -€8,634 | -35.7% |
| Deferred charges and accrued income | 490/1 | €1,316 | - | -€1,316 | |
| Total equity and liabilities | 10/49 | €97,008 | €380,258 | +€283,250 | +292% |
| Equity | 10/15 | €52,568 | €58,243 | +€5,674 | +10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,968 | €26,643 | +€5,674 | +27.1% |
| Amounts payable | 17/49 | €44,440 | €322,016 | +€277,576 | +625% |
| Amounts payable after more than one year | 17 | €12,465 | €269,899 | +€257,434 | +2,065% |
| Financial debts | 170/4 | €12,465 | €269,899 | +€257,434 | +2,065% |
| Amounts payable within one year | 42/48 | €31,975 | €50,776 | +€18,801 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €9,747 | €21,691 | +€11,944 | +123% |
| Trade debts | 44 | €10,311 | €4,180 | -€6,131 | -59.5% |
| Suppliers | 440/4 | €10,311 | €4,180 | -€6,131 | -59.5% |
| Advances received on contracts in progress | 46 | - | €3,620 | +€3,620 | |
| Taxes, remuneration and social security | 45 | €8,383 | €3,118 | -€5,265 | -62.8% |
| Taxes | 450/3 | €8,383 | €3,118 | -€5,265 | -62.8% |
| Other amounts payable | 47/48 | €3,534 | €18,167 | +€14,633 | +414% |
| Accrued charges and deferred income | 492/3 | - | €1,340 | +€1,340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,891 | €15,925 | +€5,034 | +46.2% |
| Other operating charges | 640/8 | €296 | €379 | +€83 | +28.1% |
| Gross operating margin | 9900 | €33,246 | €34,808 | +€1,562 | +4.7% |
| Operating profit (loss) | 9901 | €22,059 | €18,503 | -€3,555 | -16.1% |
| Financial charges | 65/66B | €609 | €11,102 | +€10,493 | +1,723% |
| Recurring financial charges | 65 | €609 | €11,102 | +€10,493 | +1,723% |
| Profit (loss) for the period before taxes | 9903 | €21,450 | €7,401 | -€14,049 | -65.5% |
| Income taxes | 67/77 | €7,306 | €1,727 | -€5,580 | -76.4% |
| Profit (loss) for the period | 9904 | €14,143 | €5,674 | -€8,469 | -59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,143 | €5,674 | -€8,469 | -59.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.