JDC SORT & TRADE: 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 SORT & TRADE
Largest movements
- Tangible fixed assets +€392,370
up €392,370 (+31.7%), from €1.2m to €1.6m
- Receivables within one year -€102,166
down €102,166 (-27.2%), from €375,074 to €272,908
of which Other amounts receivable: -€192,739
- Cash -€98,392
down €98,392 (-66.9%), from €147,136 to €48,743
mainly Investment in fixed assets (net) (-€573,847) and Stocks and contracts (-€52,817)
- Stocks and contracts +€52,817
up €52,817 (+211.2%), from €25,005 to €77,822
- Debts after one year +€231,073
up €231,073 (+31.6%), from €730,670 to €961,743
- Current portion of long-term debt +€29,927
up €29,927 (+21.8%), from €137,537 to €167,464
- Trade debts +€25,761
up €25,761 (+20.8%), from €123,691 to €149,452
- Other debts -€23,011
down €23,011 (-23.1%), from €99,647 to €76,636
- Gross operating margin -€259,516
down €259,516 (-23.1%), from €1.1m to €863,012
- Taxes -€62,367
down €62,367 (-99.3%), from €62,833 to €467
- Depreciation -€41,399
down €41,399 (-18.5%), from €223,418 to €182,019
- Staff costs -€29,815
down €29,815 (-4.4%), from €670,281 to €640,466
- Financial charges +€19,303
up €19,303 (+167.4%), from €11,532 to €30,835
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 | €1,800,358 | €2,048,086 | +€247,728 | +13.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,238,644 | €1,630,473 | +€391,829 | +31.6% |
| Intangible fixed assets | 21 | €541 | €0 | -€541 | -100.0% |
| Tangible fixed assets | 22/27 | €1,237,383 | €1,629,753 | +€392,370 | +31.7% |
| Land and buildings | 22 | €732,259 | €863,099 | +€130,840 | +17.9% |
| Plant, machinery and equipment | 23 | €342,452 | €516,871 | +€174,419 | +50.9% |
| Furniture and vehicles | 24 | €55,890 | €32,538 | -€23,352 | -41.8% |
| Leasing and similar rights | 25 | €106,783 | €217,245 | +€110,462 | +103.4% |
| Financial fixed assets | 28 | €720 | €720 | = | 0.0% |
| Current assets | 29/58 | €561,713 | €417,613 | -€144,100 | -25.7% |
| Stocks and contracts in progress | 3 | €25,005 | €77,822 | +€52,817 | +211.2% |
| Stocks | 30/36 | €25,005 | €77,822 | +€52,817 | +211.2% |
| Amounts receivable within one year | 40/41 | €375,074 | €272,908 | -€102,166 | -27.2% |
| Trade receivables | 40 | €161,084 | €251,657 | +€90,573 | +56.2% |
| Other amounts receivable | 41 | €213,990 | €21,251 | -€192,739 | -90.1% |
| Cash at bank and in hand | 54/58 | €147,136 | €48,743 | -€98,392 | -66.9% |
| Deferred charges and accrued income | 490/1 | €14,498 | €18,140 | +€3,642 | +25.1% |
| Total equity and liabilities | 10/49 | €1,800,358 | €2,048,086 | +€247,728 | +13.8% |
| Equity | 10/15 | €578,213 | €581,635 | +€3,421 | +0.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €478,213 | €481,635 | +€3,421 | +0.7% |
| Distributable reserves | 133 | €478,213 | €481,635 | +€3,421 | +0.7% |
| Amounts payable | 17/49 | €1,222,145 | €1,466,451 | +€244,307 | +20.0% |
| Amounts payable after more than one year | 17 | €730,670 | €961,743 | +€231,073 | +31.6% |
| Financial debts | 170/4 | €730,670 | €961,743 | +€231,073 | +31.6% |
| Amounts payable within one year | 42/48 | €491,474 | €504,708 | +€13,234 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €137,537 | €167,464 | +€29,927 | +21.8% |
| Trade debts | 44 | €123,691 | €149,452 | +€25,761 | +20.8% |
| Suppliers | 440/4 | €123,691 | €149,452 | +€25,761 | +20.8% |
| Taxes, remuneration and social security | 45 | €130,599 | €111,157 | -€19,442 | -14.9% |
| Taxes | 450/3 | €41,569 | €13,211 | -€28,358 | -68.2% |
| Remuneration and social security | 454/9 | €89,030 | €97,946 | +€8,916 | +10.0% |
| Other amounts payable | 47/48 | €99,647 | €76,636 | -€23,011 | -23.1% |
| Remuneration, social security and pensions | 62 | €670,281 | €640,466 | -€29,815 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223,418 | €182,019 | -€41,399 | -18.5% |
| Other operating charges | 640/8 | €4,623 | €6,337 | +€1,714 | +37.1% |
| Non-recurring operating charges | 66A | €1,110 | €0 | -€1,110 | -100.0% |
| Gross operating margin | 9900 | €1,122,528 | €863,012 | -€259,516 | -23.1% |
| Operating profit (loss) | 9901 | €223,096 | €34,190 | -€188,906 | -84.7% |
| Financial income | 75/76B | €1 | €534 | +€533 | +69187.0% |
| Recurring financial income | 75 | €1 | €534 | +€533 | +69187.0% |
| Financial charges | 65/66B | €11,532 | €30,835 | +€19,303 | +167.4% |
| Recurring financial charges | 65 | €11,532 | €30,835 | +€19,303 | +167.4% |
| Profit (loss) for the period before taxes | 9903 | €211,565 | €3,888 | -€207,677 | -98.2% |
| Income taxes | 67/77 | €62,833 | €467 | -€62,367 | -99.3% |
| Profit (loss) for the period | 9904 | €148,732 | €3,421 | -€145,311 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €148,732 | €3,421 | -€145,311 | -97.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.