JDC TRANS: what changed
JDC TRANS
Largest movements
- Tangible fixed assets +€118,998
up €118,998 (+576%), from €20,646 to €139,644
of which Land and buildings: +€109,783
- Receivables within one year +€39,222
up €39,222 (+66.8%), from €58,679 to €97,900
of which Trade receivables: +€33,727
- Cash +€8,256
up €8,256 (+21.2%), from €38,936 to €47,192
mainly Debts after one year (+€102,970) and Net result for the year (+€47,568)
- Debts after one year +€102,970
up €102,970, from €0 to €102,970
- Reserves +€47,568
up €47,568 (+90.6%), from €52,523 to €100,091
- Trade debts +€32,093
up €32,093 (+564%), from €5,686 to €37,779
- Tax, wage and social debts -€17,297
down €17,297 (-64.1%), from €26,994 to €9,696
- Current portion of long-term debt +€6,086
up €6,086, from €0 to €6,086
- Gross operating margin +€53,696
up €53,696 (+131%), from €40,963 to €94,659
- Financial income -€13,715
down €13,715 (-94.8%), from €14,468 to €753
of which Non-recurring financial income: -€13,592
- Taxes +€7,841
up €7,841 (+70.3%), from €11,153 to €18,994
- Depreciation +€4,332
up €4,332 (+36.9%), from €11,750 to €16,082
- Staff costs +€3,754
up €3,754 (+223%), from €1,686 to €5,441
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,320 | €286,197 | +€167,877 | +142% |
| Fixed assets | 21/28 | €20,646 | €139,644 | +€118,998 | +576% |
| Tangible fixed assets | 22/27 | €20,646 | €139,644 | +€118,998 | +576% |
| Land and buildings | 22 | - | €109,783 | +€109,783 | |
| Plant, machinery and equipment | 23 | €5,509 | €24,579 | +€19,070 | +346% |
| Furniture and vehicles | 24 | €15,137 | €5,282 | -€9,855 | -65.1% |
| Current assets | 29/58 | €97,674 | €146,553 | +€48,879 | +50.0% |
| Amounts receivable within one year | 40/41 | €58,679 | €97,900 | +€39,222 | +66.8% |
| Trade receivables | 40 | €46,309 | €80,036 | +€33,727 | +72.8% |
| Other amounts receivable | 41 | €12,370 | €17,864 | +€5,495 | +44.4% |
| Cash at bank and in hand | 54/58 | €38,936 | €47,192 | +€8,256 | +21.2% |
| Deferred charges and accrued income | 490/1 | €59 | €1,461 | +€1,402 | +2,367% |
| Total equity and liabilities | 10/49 | €118,320 | €286,197 | +€167,877 | +142% |
| Equity | 10/15 | €81,761 | €129,329 | +€47,568 | +58.2% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €52,523 | €100,091 | +€47,568 | +90.6% |
| Distributable reserves | 133 | €52,523 | €100,091 | +€47,568 | +90.6% |
| Profit (loss) carried forward | 14 | €20,238 | €20,238 | = | 0.0% |
| Amounts payable | 17/49 | €36,559 | €156,868 | +€120,309 | +329% |
| Amounts payable after more than one year | 17 | €0 | €102,970 | +€102,970 | |
| Financial debts | 170/4 | €0 | €102,970 | +€102,970 | |
| Amounts payable within one year | 42/48 | €36,528 | €53,562 | +€17,034 | +46.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | €6,086 | +€6,086 | |
| Trade debts | 44 | €5,686 | €37,779 | +€32,093 | +564% |
| Suppliers | 440/4 | €5,686 | €37,779 | +€32,093 | +564% |
| Taxes, remuneration and social security | 45 | €26,994 | €9,696 | -€17,297 | -64.1% |
| Taxes | 450/3 | €26,994 | €9,696 | -€17,297 | -64.1% |
| Other amounts payable | 47/48 | €3,848 | €0 | -€3,848 | -100% |
| Accrued charges and deferred income | 492/3 | €31 | €336 | +€305 | +982% |
| Remuneration, social security and pensions | 62 | €1,686 | €5,441 | +€3,754 | +223% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,750 | €16,082 | +€4,332 | +36.9% |
| Other operating charges | 640/8 | €948 | €1,333 | +€385 | +40.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €40,963 | €94,659 | +€53,696 | +131% |
| Operating profit (loss) | 9901 | €26,579 | €71,804 | +€45,225 | +170% |
| Financial income | 75/76B | €14,468 | €753 | -€13,715 | -94.8% |
| Recurring financial income | 75 | €876 | €753 | -€122 | -14.0% |
| Non-recurring financial income | 76B | €13,592 | €0 | -€13,592 | -100% |
| Financial charges | 65/66B | €3,625 | €5,995 | +€2,370 | +65.4% |
| Recurring financial charges | 65 | €3,625 | €5,995 | +€2,370 | +65.4% |
| Profit (loss) for the period before taxes | 9903 | €37,422 | €66,562 | +€29,141 | +77.9% |
| Income taxes | 67/77 | €11,153 | €18,994 | +€7,841 | +70.3% |
| Profit (loss) for the period | 9904 | €26,269 | €47,568 | +€21,300 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,269 | €47,568 | +€21,300 | +81.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.