JDB WORKS: 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.
JDB WORKS
Largest movements
- Cash +€2,182
up €2,182 (+20.9%), from €10,421 to €12,604
mainly Net result for the year (+€4,469) and Receivables within one year (+€361)
- Receivables within one year -€361
down €361 (-8.0%), from €4,502 to €4,141
of which Other amounts receivable: -€410
- Tangible fixed assets -€249
down €249 (-100.0%), from €249 to €0
- Deferred charges and accrued income -€198
down €198 (-33.7%), from €587 to €389
- Profit (loss) carried forward +€4,469
up €4,469 (+33.7%), from -€13,265 to -€8,796
- Other debts -€1,351
down €1,351 (-17.1%), from €7,907 to €6,556
- Trade debts -€1,144
down €1,144 (-55.6%), from €2,058 to €914
- Accrued charges and deferred income -€600
down €600 (-100.0%), from €600 to €0
- Gross operating margin -€1,090
down €1,090 (-15.2%), from €7,163 to €6,073
- Other operating charges +€232
up €232 (+25.1%), from €925 to €1,157
- Depreciation -€164
down €164 (-39.7%), from €413 to €249
- Staff costs +€145
new in 2025: €145
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 | €15,760 | €17,134 | +€1,374 | +8.7% |
| Fixed assets | 21/28 | €249 | €0 | -€249 | -100.0% |
| Tangible fixed assets | 22/27 | €249 | €0 | -€249 | -100.0% |
| Furniture and vehicles | 24 | €249 | €0 | -€249 | -100.0% |
| Current assets | 29/58 | €15,511 | €17,134 | +€1,623 | +10.5% |
| Amounts receivable within one year | 40/41 | €4,502 | €4,141 | -€361 | -8.0% |
| Trade receivables | 40 | €3,912 | €3,960 | +€48 | +1.2% |
| Other amounts receivable | 41 | €590 | €180 | -€410 | -69.4% |
| Cash at bank and in hand | 54/58 | €10,421 | €12,604 | +€2,182 | +20.9% |
| Deferred charges and accrued income | 490/1 | €587 | €389 | -€198 | -33.7% |
| Total equity and liabilities | 10/49 | €15,760 | €17,134 | +€1,374 | +8.7% |
| Equity | 10/15 | €5,195 | €9,664 | +€4,469 | +86.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €6,060 | €6,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €345 | €345 | = | 0.0% |
| Reserves not available under the articles | 1311 | €345 | €345 | = | 0.0% |
| Distributable reserves | 133 | €5,715 | €5,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,265 | -€8,796 | +€4,469 | +33.7% |
| Amounts payable | 17/49 | €10,565 | €7,470 | -€3,095 | -29.3% |
| Amounts payable within one year | 42/48 | €9,965 | €7,470 | -€2,495 | -25.0% |
| Trade debts | 44 | €2,058 | €914 | -€1,144 | -55.6% |
| Suppliers | 440/4 | €2,058 | €914 | -€1,144 | -55.6% |
| Other amounts payable | 47/48 | €7,907 | €6,556 | -€1,351 | -17.1% |
| Accrued charges and deferred income | 492/3 | €600 | €0 | -€600 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €145 | +€145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €413 | €249 | -€164 | -39.7% |
| Other operating charges | 640/8 | €925 | €1,157 | +€232 | +25.1% |
| Gross operating margin | 9900 | €7,163 | €6,073 | -€1,090 | -15.2% |
| Operating profit (loss) | 9901 | €5,825 | €4,523 | -€1,303 | -22.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €5,771 | €4,469 | -€1,303 | -22.6% |
| Profit (loss) for the period | 9904 | €5,771 | €4,469 | -€1,303 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,771 | €4,469 | -€1,303 | -22.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.