JD TRADING: 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 TRADING
Largest movements
- Receivables within one year +€17,740
up €17,740 (+39.7%), from €44,667 to €62,408
of which Trade receivables: +€17,790
- Cash -€12,900
down €12,900 (-44.7%), from €28,862 to €15,962
mainly Net result for the year (-€55,269) and Receivables within one year (-€17,740)
- Tangible fixed assets -€8,185
down €8,185 (-24.9%), from €32,811 to €24,626
of which Leasing and similar rights: -€6,637
- Deferred charges and accrued income -€1,273
down €1,273 (-53.3%), from €2,391 to €1,118
- Profit (loss) carried forward -€55,269
down €55,269 (-1,049%), from -€5,269 to -€60,538
- Advances received +€23,565
new in 2024: €23,565
- Tax, wage and social debts +€16,659
up €16,659 (+87.6%), from €19,027 to €35,686
of which Remuneration and social security: +€12,818
- Trade debts +€14,188
up €14,188 (+52.5%), from €27,018 to €41,206
- Debts after one year -€6,491
down €6,491 (-28.4%), from €22,846 to €16,355
- Gross operating margin -€37,149
down €37,149 (-27.8%), from €133,765 to €96,616
- Staff costs +€16,840
up €16,840 (+15.0%), from €112,509 to €129,349
- Taxes -€3,839
down €3,839 (-90.5%), from €4,239 to €401
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,821 | €104,203 | -€4,618 | -4.2% |
| Fixed assets | 21/28 | €32,901 | €24,716 | -€8,185 | -24.9% |
| Tangible fixed assets | 22/27 | €32,811 | €24,626 | -€8,185 | -24.9% |
| Furniture and vehicles | 24 | €4,936 | €3,388 | -€1,548 | -31.4% |
| Leasing and similar rights | 25 | €27,874 | €21,237 | -€6,637 | -23.8% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €75,920 | €79,487 | +€3,567 | +4.7% |
| Amounts receivable within one year | 40/41 | €44,667 | €62,408 | +€17,740 | +39.7% |
| Trade receivables | 40 | €44,618 | €62,408 | +€17,790 | +39.9% |
| Other amounts receivable | 41 | €50 | - | -€50 | |
| Cash at bank and in hand | 54/58 | €28,862 | €15,962 | -€12,900 | -44.7% |
| Deferred charges and accrued income | 490/1 | €2,391 | €1,118 | -€1,273 | -53.3% |
| Total equity and liabilities | 10/49 | €108,821 | €104,203 | -€4,618 | -4.2% |
| Equity | 10/15 | €13,331 | -€41,938 | -€55,269 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,269 | -€60,538 | -€55,269 | -1,049% |
| Amounts payable | 17/49 | €95,490 | €146,141 | +€50,652 | +53.0% |
| Amounts payable after more than one year | 17 | €22,846 | €16,355 | -€6,491 | -28.4% |
| Financial debts | 170/4 | €22,846 | €16,355 | -€6,491 | -28.4% |
| Amounts payable within one year | 42/48 | €72,643 | €129,786 | +€57,143 | +78.7% |
| Current portion of amounts payable after more than one year | 42 | €9,188 | €9,805 | +€617 | +6.7% |
| Trade debts | 44 | €27,018 | €41,206 | +€14,188 | +52.5% |
| Suppliers | 440/4 | €27,018 | €41,206 | +€14,188 | +52.5% |
| Advances received on contracts in progress | 46 | - | €23,565 | +€23,565 | |
| Taxes, remuneration and social security | 45 | €19,027 | €35,686 | +€16,659 | +87.6% |
| Taxes | 450/3 | €8,461 | €12,301 | +€3,840 | +45.4% |
| Remuneration and social security | 454/9 | €10,566 | €23,384 | +€12,818 | +121% |
| Other amounts payable | 47/48 | €17,410 | €19,524 | +€2,114 | +12.1% |
| Remuneration, social security and pensions | 62 | €112,509 | €129,349 | +€16,840 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,857 | €8,185 | +€1,327 | +19.4% |
| Other operating charges | 640/8 | €2,270 | €1,124 | -€1,146 | -50.5% |
| Non-recurring operating charges | 66A | - | €11,421 | +€11,421 | |
| Gross operating margin | 9900 | €133,765 | €96,616 | -€37,149 | -27.8% |
| Operating profit (loss) | 9901 | €12,128 | -€53,462 | -€65,590 | |
| Financial income | 75/76B | - | €1,147 | +€1,147 | |
| Recurring financial income | 75 | - | €1,147 | +€1,147 | |
| Financial charges | 65/66B | €2,529 | €2,554 | +€25 | +1.0% |
| Recurring financial charges | 65 | €2,529 | €2,554 | +€25 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €9,599 | -€54,869 | -€64,467 | |
| Income taxes | 67/77 | €4,239 | €401 | -€3,839 | -90.5% |
| Profit (loss) for the period | 9904 | €5,360 | -€55,269 | -€60,629 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,360 | -€55,269 | -€60,629 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.