JDC Advisory: 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.
JDC Advisory
Largest movements
- Cash +€24,886
up €24,886 (+14842.0%), from €168 to €25,053
mainly Net result for the year (+€47,943) and Depreciation (+€11,628)
- Receivables within one year +€6,056
up €6,056 (+39.1%), from €15,507 to €21,563
of which Other amounts receivable: +€4,018
- Tangible fixed assets -€4,540
down €4,540 (-1.1%), from €401,493 to €396,953
of which Other tangible fixed assets: -€4,106
- Reserves +€47,943
up €47,943 (+293.5%), from €16,336 to €64,279
- Debts after one year -€22,472
down €22,472 (-6.4%), from €353,743 to €331,272
- Other debts -€8,900
down €8,900 (-100.0%), from €8,900 to €0
- Tax, wage and social debts +€8,593
up €8,593 (+65.1%), from €13,192 to €21,785
- Other operating charges -€45,123
down €45,123 (-93.9%), from €48,067 to €2,944
- Gross operating margin +€17,058
up €17,058 (+24.0%), from €71,094 to €88,153
- Financial charges +€12,171
up €12,171 (+2647.3%), from €460 to €12,631
- Depreciation +€10,274
up €10,274 (+758.6%), from €1,354 to €11,628
- Taxes +€8,129
up €8,129 (+166.7%), from €4,877 to €13,006
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 | €417,560 | €443,975 | +€26,415 | +6.3% |
| Fixed assets | 21/28 | €401,493 | €396,953 | -€4,540 | -1.1% |
| Tangible fixed assets | 22/27 | €401,493 | €396,953 | -€4,540 | -1.1% |
| Furniture and vehicles | 24 | €7,499 | €7,066 | -€433 | -5.8% |
| Other tangible fixed assets | 26 | €393,994 | €389,887 | -€4,106 | -1.0% |
| Current assets | 29/58 | €16,067 | €47,022 | +€30,954 | +192.7% |
| Amounts receivable within one year | 40/41 | €15,507 | €21,563 | +€6,056 | +39.1% |
| Trade receivables | 40 | €15,507 | €17,545 | +€2,038 | +13.1% |
| Other amounts receivable | 41 | - | €4,018 | +€4,018 | |
| Cash at bank and in hand | 54/58 | €168 | €25,053 | +€24,886 | +14842.0% |
| Deferred charges and accrued income | 490/1 | €393 | €405 | +€12 | +3.2% |
| Total equity and liabilities | 10/49 | €417,560 | €443,975 | +€26,415 | +6.3% |
| Equity | 10/15 | €19,836 | €67,779 | +€47,943 | +241.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €16,336 | €64,279 | +€47,943 | +293.5% |
| Distributable reserves | 133 | €16,336 | €64,279 | +€47,943 | +293.5% |
| Amounts payable | 17/49 | €397,724 | €376,195 | -€21,529 | -5.4% |
| Amounts payable after more than one year | 17 | €353,743 | €331,272 | -€22,472 | -6.4% |
| Financial debts | 170/4 | €353,743 | €331,272 | -€22,472 | -6.4% |
| Amounts payable within one year | 42/48 | €43,981 | €44,924 | +€943 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €21,257 | €22,233 | +€976 | +4.6% |
| Trade debts | 44 | €632 | €906 | +€274 | +43.3% |
| Suppliers | 440/4 | €632 | €906 | +€274 | +43.3% |
| Taxes, remuneration and social security | 45 | €13,192 | €21,785 | +€8,593 | +65.1% |
| Taxes | 450/3 | €13,192 | €21,785 | +€8,593 | +65.1% |
| Other amounts payable | 47/48 | €8,900 | €0 | -€8,900 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,354 | €11,628 | +€10,274 | +758.6% |
| Other operating charges | 640/8 | €48,067 | €2,944 | -€45,123 | -93.9% |
| Gross operating margin | 9900 | €71,094 | €88,153 | +€17,058 | +24.0% |
| Operating profit (loss) | 9901 | €21,673 | €73,581 | +€51,908 | +239.5% |
| Financial charges | 65/66B | €460 | €12,631 | +€12,171 | +2647.3% |
| Recurring financial charges | 65 | €460 | €12,631 | +€12,171 | +2647.3% |
| Profit (loss) for the period before taxes | 9903 | €21,213 | €60,950 | +€39,737 | +187.3% |
| Income taxes | 67/77 | €4,877 | €13,006 | +€8,129 | +166.7% |
| Profit (loss) for the period | 9904 | €16,336 | €47,943 | +€31,607 | +193.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,336 | €47,943 | +€31,607 | +193.5% |
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 9 October 2026 via checked.be.