JDB CONSULT: 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.
JDB CONSULT
Largest movements
- Tangible fixed assets -€30,428
down €30,428 (-6.1%), from €496,628 to €466,200
of which Land and buildings: -€25,152
- Deferred charges and accrued income +€28,839
up €28,839 (+974.1%), from €2,960 to €31,799
- Intangible fixed assets +€18,413
up €18,413 (+135.0%), from €13,644 to €32,058
- Cash -€14,124
down €14,124 (-45.4%), from €31,114 to €16,990
mainly Other debts (-€44,967) and Deferred charges and accrued income (-€28,839)
- Receivables within one year -€7,016
down €7,016 (-9.4%), from €74,901 to €67,885
of which Other amounts receivable: -€11,785
- Current portion of long-term debt +€51,525
up €51,525 (+240.9%), from €21,384 to €72,909
- Other debts -€44,967
down €44,967 (-87.6%), from €51,317 to €6,349
- Debts after one year -€22,909
down €22,909 (-5.4%), from €424,091 to €401,181
- Reserves +€14,805
up €14,805 (+15.7%), from €94,211 to €109,017
- Gross operating margin +€30,038
up €30,038 (+53.5%), from €56,184 to €86,222
- Depreciation +€11,020
up €11,020 (+40.2%), from €27,392 to €38,411
- Staff costs +€7,776
new in 2025: €7,776
- Financial charges +€6,215
up €6,215 (+56.1%), from €11,082 to €17,297
- Taxes +€889
up €889 (+15.6%), from €5,717 to €6,607
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €619,611 | €615,295 | -€4,316 | -0.7% |
| Fixed assets | 21/28 | €510,635 | €498,621 | -€12,014 | -2.4% |
| Intangible fixed assets | 21 | €13,644 | €32,058 | +€18,413 | +135.0% |
| Tangible fixed assets | 22/27 | €496,628 | €466,200 | -€30,428 | -6.1% |
| Land and buildings | 22 | €475,073 | €449,921 | -€25,152 | -5.3% |
| Furniture and vehicles | 24 | €4,965 | €3,098 | -€1,868 | -37.6% |
| Other tangible fixed assets | 26 | €16,589 | €13,182 | -€3,408 | -20.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €108,976 | €116,674 | +€7,699 | +7.1% |
| Amounts receivable within one year | 40/41 | €74,901 | €67,885 | -€7,016 | -9.4% |
| Trade receivables | 40 | €48,957 | €53,726 | +€4,769 | +9.7% |
| Other amounts receivable | 41 | €25,945 | €14,159 | -€11,785 | -45.4% |
| Cash at bank and in hand | 54/58 | €31,114 | €16,990 | -€14,124 | -45.4% |
| Deferred charges and accrued income | 490/1 | €2,960 | €31,799 | +€28,839 | +974.1% |
| Total equity and liabilities | 10/49 | €619,611 | €615,295 | -€4,316 | -0.7% |
| Equity | 10/15 | €101,711 | €116,517 | +€14,805 | +14.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Capital | 10 | €7,500 | €7,500 | = | 0.0% |
| Issued capital | 100 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €94,211 | €109,017 | +€14,805 | +15.7% |
| Distributable reserves | 133 | €94,211 | €109,017 | +€14,805 | +15.7% |
| Amounts payable | 17/49 | €517,900 | €498,778 | -€19,121 | -3.7% |
| Amounts payable after more than one year | 17 | €424,091 | €401,181 | -€22,909 | -5.4% |
| Financial debts | 170/4 | €424,091 | €401,181 | -€22,909 | -5.4% |
| Amounts payable within one year | 42/48 | €93,809 | €97,597 | +€3,788 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €21,384 | €72,909 | +€51,525 | +240.9% |
| Trade debts | 44 | €5,556 | €6,425 | +€869 | +15.6% |
| Suppliers | 440/4 | €5,556 | €6,425 | +€869 | +15.6% |
| Taxes, remuneration and social security | 45 | €15,552 | €11,914 | -€3,638 | -23.4% |
| Taxes | 450/3 | €15,552 | €11,914 | -€3,638 | -23.4% |
| Other amounts payable | 47/48 | €51,317 | €6,349 | -€44,967 | -87.6% |
| Remuneration, social security and pensions | 62 | - | €7,776 | +€7,776 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,392 | €38,411 | +€11,020 | +40.2% |
| Other operating charges | 640/8 | €2,385 | €1,641 | -€744 | -31.2% |
| Gross operating margin | 9900 | €56,184 | €86,222 | +€30,038 | +53.5% |
| Operating profit (loss) | 9901 | €26,407 | €38,394 | +€11,987 | +45.4% |
| Financial income | 75/76B | €69 | €315 | +€246 | +356.7% |
| Recurring financial income | 75 | €69 | €315 | +€246 | +356.7% |
| Financial charges | 65/66B | €11,082 | €17,297 | +€6,215 | +56.1% |
| Recurring financial charges | 65 | €11,082 | €17,297 | +€6,215 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | €15,394 | €21,412 | +€6,018 | +39.1% |
| Income taxes | 67/77 | €5,717 | €6,607 | +€889 | +15.6% |
| Profit (loss) for the period | 9904 | €9,677 | €14,805 | +€5,129 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,677 | €14,805 | +€5,129 | +53.0% |
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.