JDC PROJECTS: 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 PROJECTS
Largest movements
- Current investments -€100,000
no longer reported in 2024 (was €100,000)
- Cash -€35,566
down €35,566 (-28.1%), from €126,707 to €91,141
mainly Other debts (-€164,168) and Receivables within one year (-€32,103)
- Receivables within one year +€32,103
up €32,103 (+83.5%), from €38,450 to €70,553
of which Trade receivables: +€25,954
- Tangible fixed assets +€6,279
up €6,279 (+19.3%), from €32,564 to €38,843
of which Furniture and vehicles: +€13,659
- Other debts -€164,168
down €164,168 (-63.5%), from €258,526 to €94,358
- Profit (loss) carried forward +€41,592
up €41,592 (+3287.5%), from €1,265 to €42,858
- Trade debts +€22,701
up €22,701 (+120.4%), from €18,861 to €41,562
- Gross operating margin -€54,899
down €54,899 (-41.6%), from €132,009 to €77,110
- Depreciation -€5,580
down €5,580 (-30.5%), from €18,301 to €12,721
- Financial income +€2,153
new in 2024: €2,153
- Taxes -€1,664
down €1,664 (-6.4%), from €26,016 to €24,352
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €439,639 | €342,836 | -€96,802 | -22.0% |
| Fixed assets | 21/28 | €32,564 | €38,843 | +€6,279 | +19.3% |
| Tangible fixed assets | 22/27 | €32,564 | €38,843 | +€6,279 | +19.3% |
| Plant, machinery and equipment | 23 | €10,615 | €5,866 | -€4,749 | -44.7% |
| Furniture and vehicles | 24 | €5,213 | €18,873 | +€13,659 | +262.0% |
| Other tangible fixed assets | 26 | €16,735 | €14,104 | -€2,631 | -15.7% |
| Current assets | 29/58 | €407,075 | €303,994 | -€103,081 | -25.3% |
| Stocks and contracts in progress | 3 | €141,000 | €141,000 | = | 0.0% |
| Stocks | 30/36 | €141,000 | €141,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,450 | €70,553 | +€32,103 | +83.5% |
| Trade receivables | 40 | €34,720 | €60,674 | +€25,954 | +74.8% |
| Other amounts receivable | 41 | €3,729 | €9,879 | +€6,150 | +164.9% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €126,707 | €91,141 | -€35,566 | -28.1% |
| Deferred charges and accrued income | 490/1 | €918 | €1,299 | +€381 | +41.6% |
| Total equity and liabilities | 10/49 | €439,639 | €342,836 | -€96,802 | -22.0% |
| Equity | 10/15 | €121,265 | €162,858 | +€41,592 | +34.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €105,000 | €105,000 | = | 0.0% |
| Distributable reserves | 133 | €105,000 | €105,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,265 | €42,858 | +€41,592 | +3287.5% |
| Amounts payable | 17/49 | €318,373 | €179,979 | -€138,395 | -43.5% |
| Amounts payable within one year | 42/48 | €317,808 | €179,393 | -€138,416 | -43.6% |
| Trade debts | 44 | €18,861 | €41,562 | +€22,701 | +120.4% |
| Suppliers | 440/4 | €18,861 | €41,562 | +€22,701 | +120.4% |
| Taxes, remuneration and social security | 45 | €40,421 | €43,472 | +€3,051 | +7.5% |
| Taxes | 450/3 | €40,421 | €43,472 | +€3,051 | +7.5% |
| Other amounts payable | 47/48 | €258,526 | €94,358 | -€164,168 | -63.5% |
| Accrued charges and deferred income | 492/3 | €565 | €586 | +€21 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,301 | €12,721 | -€5,580 | -30.5% |
| Other operating charges | 640/8 | €1,438 | €513 | -€924 | -64.3% |
| Gross operating margin | 9900 | €132,009 | €77,110 | -€54,899 | -41.6% |
| Operating profit (loss) | 9901 | €112,271 | €63,876 | -€48,395 | -43.1% |
| Financial income | 75/76B | - | €2,153 | +€2,153 | |
| Recurring financial income | 75 | - | €2,153 | +€2,153 | |
| Financial charges | 65/66B | €305 | €84 | -€220 | -72.3% |
| Recurring financial charges | 65 | €305 | €84 | -€220 | -72.3% |
| Profit (loss) for the period before taxes | 9903 | €111,966 | €65,945 | -€46,021 | -41.1% |
| Income taxes | 67/77 | €26,016 | €24,352 | -€1,664 | -6.4% |
| Profit (loss) for the period | 9904 | €85,950 | €41,592 | -€44,358 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €85,950 | €41,592 | -€44,358 | -51.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.