JDC-94: 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.
JDC-94
Largest movements
- Cash +€67,100
up €67,100 (+89.5%), from €74,938 to €142,038
mainly Net result for the year (+€49,970) and Depreciation (+€30,135)
- Tangible fixed assets +€11,859
up €11,859 (+10.8%), from €109,865 to €121,724
of which Furniture and vehicles: +€17,998
- Intangible fixed assets -€10,000
down €10,000 (-36.7%), from €27,233 to €17,233
- Receivables within one year +€6,719
up €6,719 (+41.2%), from €16,320 to €23,039
of which Other amounts receivable: +€3,562
- Profit (loss) carried forward +€49,970
up €49,970 (+199.6%), from €25,030 to €75,001
- Debts after one year +€13,312
up €13,312 (+12.0%), from €110,851 to €124,163
- Current portion of long-term debt +€12,424
up €12,424 (+36.8%), from €33,802 to €46,227
- Tax, wage and social debts +€6,761
up €6,761 (+54.8%), from €12,349 to €19,110
of which Taxes: +€6,764
- Trade debts -€4,213
down €4,213 (-42.5%), from €9,912 to €5,698
- Gross operating margin +€56,722
up €56,722 (+62.3%), from €91,063 to €147,785
- Taxes +€5,101
up €5,101 (+64.4%), from €7,924 to €13,025
- Other operating charges -€2,368
down €2,368 (-60.9%), from €3,889 to €1,521
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 | €239,041 | €317,317 | +€78,275 | +32.7% |
| Fixed assets | 21/28 | €137,098 | €138,957 | +€1,859 | +1.4% |
| Intangible fixed assets | 21 | €27,233 | €17,233 | -€10,000 | -36.7% |
| Tangible fixed assets | 22/27 | €109,865 | €121,724 | +€11,859 | +10.8% |
| Plant, machinery and equipment | 23 | €67,045 | €61,630 | -€5,415 | -8.1% |
| Furniture and vehicles | 24 | €35,784 | €53,781 | +€17,998 | +50.3% |
| Other tangible fixed assets | 26 | €7,036 | €6,313 | -€723 | -10.3% |
| Current assets | 29/58 | €101,943 | €178,360 | +€76,416 | +75.0% |
| Stocks and contracts in progress | 3 | €3,975 | €4,070 | +€95 | +2.4% |
| Stocks | 30/36 | €3,975 | €4,070 | +€95 | +2.4% |
| Amounts receivable within one year | 40/41 | €16,320 | €23,039 | +€6,719 | +41.2% |
| Trade receivables | 40 | €719 | €3,876 | +€3,157 | +439.1% |
| Other amounts receivable | 41 | €15,601 | €19,163 | +€3,562 | +22.8% |
| Cash at bank and in hand | 54/58 | €74,938 | €142,038 | +€67,100 | +89.5% |
| Deferred charges and accrued income | 490/1 | €6,710 | €9,213 | +€2,503 | +37.3% |
| Total equity and liabilities | 10/49 | €239,041 | €317,317 | +€78,275 | +32.7% |
| Equity | 10/15 | €71,724 | €121,695 | +€49,970 | +69.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €31,694 | €31,694 | = | 0.0% |
| Distributable reserves | 133 | €31,694 | €31,694 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,030 | €75,001 | +€49,970 | +199.6% |
| Amounts payable | 17/49 | €167,317 | €195,622 | +€28,305 | +16.9% |
| Amounts payable after more than one year | 17 | €110,851 | €124,163 | +€13,312 | +12.0% |
| Financial debts | 170/4 | €110,851 | €124,163 | +€13,312 | +12.0% |
| Amounts payable within one year | 42/48 | €56,062 | €71,035 | +€14,972 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €33,802 | €46,227 | +€12,424 | +36.8% |
| Trade debts | 44 | €9,912 | €5,698 | -€4,213 | -42.5% |
| Suppliers | 440/4 | €9,912 | €5,698 | -€4,213 | -42.5% |
| Taxes, remuneration and social security | 45 | €12,349 | €19,110 | +€6,761 | +54.8% |
| Taxes | 450/3 | €8,724 | €15,488 | +€6,764 | +77.5% |
| Remuneration and social security | 454/9 | €3,624 | €3,622 | -€3 | -0.1% |
| Accrued charges and deferred income | 492/3 | €404 | €425 | +€21 | +5.2% |
| Remuneration, social security and pensions | 62 | €19,331 | €20,600 | +€1,269 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,066 | €30,135 | +€69 | +0.2% |
| Other operating charges | 640/8 | €3,889 | €1,521 | -€2,368 | -60.9% |
| Non-recurring operating charges | 66A | - | €26,886 | +€26,886 | |
| Gross operating margin | 9900 | €91,063 | €147,785 | +€56,722 | +62.3% |
| Operating profit (loss) | 9901 | €37,778 | €68,644 | +€30,866 | +81.7% |
| Financial income | 75/76B | €1,091 | €1,132 | +€41 | +3.7% |
| Recurring financial income | 75 | €1,091 | €1,132 | +€41 | +3.7% |
| Financial charges | 65/66B | €5,915 | €6,780 | +€865 | +14.6% |
| Recurring financial charges | 65 | €5,915 | €6,780 | +€865 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €32,954 | €62,995 | +€30,041 | +91.2% |
| Income taxes | 67/77 | €7,924 | €13,025 | +€5,101 | +64.4% |
| Profit (loss) for the period | 9904 | €25,030 | €49,970 | +€24,940 | +99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,030 | €49,970 | +€24,940 | +99.6% |
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.