JD Vastgoed: 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 Vastgoed
Largest movements
- Tangible fixed assets -€25,780
down €25,780 (-3.4%), from €747,957 to €722,177
- Cash +€9,461
up €9,461 (+45.4%), from €20,839 to €30,300
mainly Net result for the year (+€29,214) and Depreciation (+€25,780)
- Debts after one year -€49,064
down €49,064 (-9.3%), from €529,832 to €480,768
- Reserves +€29,214
up €29,214 (+358%), from €8,151 to €37,365
- Gross operating margin +€11,400
up €11,400 (+14.8%), from €76,947 to €88,348
- Taxes +€8,864
up €8,864 (+424%), from €2,091 to €10,955
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 | €776,562 | €756,554 | -€20,008 | -2.6% |
| Fixed assets | 21/28 | €747,957 | €722,177 | -€25,780 | -3.4% |
| Tangible fixed assets | 22/27 | €747,957 | €722,177 | -€25,780 | -3.4% |
| Land and buildings | 22 | €747,957 | €722,177 | -€25,780 | -3.4% |
| Current assets | 29/58 | €28,605 | €34,377 | +€5,772 | +20.2% |
| Amounts receivable within one year | 40/41 | €3,912 | - | -€3,912 | |
| Other amounts receivable | 41 | €3,912 | - | -€3,912 | |
| Cash at bank and in hand | 54/58 | €20,839 | €30,300 | +€9,461 | +45.4% |
| Deferred charges and accrued income | 490/1 | €3,854 | €4,077 | +€224 | +5.8% |
| Total equity and liabilities | 10/49 | €776,562 | €756,554 | -€20,008 | -2.6% |
| Equity | 10/15 | €108,151 | €137,365 | +€29,214 | +27.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €8,151 | €37,365 | +€29,214 | +358% |
| Distributable reserves | 133 | €8,151 | €37,365 | +€29,214 | +358% |
| Amounts payable | 17/49 | €668,411 | €619,189 | -€49,222 | -7.4% |
| Amounts payable after more than one year | 17 | €529,832 | €480,768 | -€49,064 | -9.3% |
| Financial debts | 170/4 | €529,832 | €480,768 | -€49,064 | -9.3% |
| Amounts payable within one year | 42/48 | €130,825 | €131,091 | +€266 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €48,693 | €49,064 | +€372 | +0.8% |
| Trade debts | 44 | - | €1,195 | +€1,195 | |
| Suppliers | 440/4 | - | €1,195 | +€1,195 | |
| Taxes, remuneration and social security | 45 | - | €2,951 | +€2,951 | |
| Taxes | 450/3 | - | €2,951 | +€2,951 | |
| Other amounts payable | 47/48 | €82,132 | €77,880 | -€4,252 | -5.2% |
| Accrued charges and deferred income | 492/3 | €7,754 | €7,330 | -€424 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,780 | €25,780 | = | 0.0% |
| Other operating charges | 640/8 | €11,781 | €12,151 | +€371 | +3.1% |
| Gross operating margin | 9900 | €76,947 | €88,348 | +€11,400 | +14.8% |
| Operating profit (loss) | 9901 | €39,387 | €50,417 | +€11,030 | +28.0% |
| Financial income | 75/76B | €10 | €13 | +€3 | +24.2% |
| Recurring financial income | 75 | €10 | €13 | +€3 | +24.2% |
| Financial charges | 65/66B | €10,766 | €10,260 | -€506 | -4.7% |
| Recurring financial charges | 65 | €10,766 | €10,260 | -€506 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €28,632 | €40,170 | +€11,538 | +40.3% |
| Income taxes | 67/77 | €2,091 | €10,955 | +€8,864 | +424% |
| Profit (loss) for the period | 9904 | €26,541 | €29,214 | +€2,674 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,541 | €29,214 | +€2,674 | +10.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.