JDCI: 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.
JDCI
Largest movements
- Tangible fixed assets +€363,313
up €363,313 (+270.0%), from €134,563 to €497,876
of which Land and buildings: +€366,240
- Cash -€190,067
down €190,067 (-50.9%), from €373,386 to €183,319
mainly Investment in fixed assets (net) (-€579,122) and Contributions, distributions and other (-€50,000)
- Financial fixed assets +€170,000
new in 2025: €170,000
- Debts after one year +€256,500
up €256,500 (+210.7%), from €121,708 to €378,208
- Other debts +€49,519
up €49,519 (+4930.6%), from €1,004 to €50,523
- Reserves +€28,714
up €28,714 (+7.8%), from €369,147 to €397,860
- Current portion of long-term debt +€16,487
up €16,487 (+224.2%), from €7,355 to €23,842
- Tax, wage and social debts -€9,959
down €9,959 (-36.9%), from €27,016 to €17,057
- Depreciation +€37,335
up €37,335 (+440.5%), from €8,475 to €45,809
- Gross operating margin +€20,198
up €20,198 (+14.3%), from €140,897 to €161,095
- Taxes -€9,983
down €9,983 (-32.6%), from €30,619 to €20,636
- Financial charges +€7,555
up €7,555 (+439.6%), from €1,719 to €9,274
- Financial income -€4,117
down €4,117 (-47.4%), from €8,691 to €4,574
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 | €532,528 | €874,305 | +€341,776 | +64.2% |
| Fixed assets | 21/28 | €134,563 | €667,876 | +€533,313 | +396.3% |
| Tangible fixed assets | 22/27 | €134,563 | €497,876 | +€363,313 | +270.0% |
| Land and buildings | 22 | €130,801 | €497,041 | +€366,240 | +280.0% |
| Furniture and vehicles | 24 | €3,762 | €835 | -€2,927 | -77.8% |
| Financial fixed assets | 28 | - | €170,000 | +€170,000 | |
| Current assets | 29/58 | €397,965 | €206,429 | -€191,536 | -48.1% |
| Amounts receivable within one year | 40/41 | €24,580 | €21,425 | -€3,155 | -12.8% |
| Trade receivables | 40 | €24,465 | €21,175 | -€3,290 | -13.4% |
| Other amounts receivable | 41 | €115 | €250 | +€135 | +117.8% |
| Cash at bank and in hand | 54/58 | €373,386 | €183,319 | -€190,067 | -50.9% |
| Deferred charges and accrued income | 490/1 | - | €1,685 | +€1,685 | |
| Total equity and liabilities | 10/49 | €532,528 | €874,305 | +€341,776 | +64.2% |
| Equity | 10/15 | €371,647 | €400,360 | +€28,714 | +7.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €369,147 | €397,860 | +€28,714 | +7.8% |
| Distributable reserves | 133 | €369,147 | €397,860 | +€28,714 | +7.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €160,882 | €473,945 | +€313,063 | +194.6% |
| Amounts payable after more than one year | 17 | €121,708 | €378,208 | +€256,500 | +210.7% |
| Financial debts | 170/4 | €121,708 | €378,208 | +€256,500 | +210.7% |
| Amounts payable within one year | 42/48 | €39,174 | €93,837 | +€54,664 | +139.5% |
| Current portion of amounts payable after more than one year | 42 | €7,355 | €23,842 | +€16,487 | +224.2% |
| Financial debts | 43 | - | €859 | +€859 | |
| Credit institutions | 430/8 | - | €859 | +€859 | |
| Trade debts | 44 | €3,799 | €1,557 | -€2,242 | -59.0% |
| Suppliers | 440/4 | €3,799 | €1,557 | -€2,242 | -59.0% |
| Taxes, remuneration and social security | 45 | €27,016 | €17,057 | -€9,959 | -36.9% |
| Taxes | 450/3 | €27,016 | €17,057 | -€9,959 | -36.9% |
| Other amounts payable | 47/48 | €1,004 | €50,523 | +€49,519 | +4930.6% |
| Accrued charges and deferred income | 492/3 | - | €1,900 | +€1,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,475 | €45,809 | +€37,335 | +440.5% |
| Other operating charges | 640/8 | €1,057 | €1,187 | +€129 | +12.2% |
| Non-recurring operating charges | 66A | - | €10,050 | +€10,050 | |
| Gross operating margin | 9900 | €140,897 | €161,095 | +€20,198 | +14.3% |
| Operating profit (loss) | 9901 | €131,364 | €104,049 | -€27,315 | -20.8% |
| Financial income | 75/76B | €8,691 | €4,574 | -€4,117 | -47.4% |
| Recurring financial income | 75 | €8,691 | €4,574 | -€4,117 | -47.4% |
| Financial charges | 65/66B | €1,719 | €9,274 | +€7,555 | +439.6% |
| Recurring financial charges | 65 | €1,719 | €9,274 | +€7,555 | +439.6% |
| Profit (loss) for the period before taxes | 9903 | €138,336 | €99,349 | -€38,987 | -28.2% |
| Income taxes | 67/77 | €30,619 | €20,636 | -€9,983 | -32.6% |
| Profit (loss) for the period | 9904 | €107,718 | €78,714 | -€29,004 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €107,718 | €78,714 | -€29,004 | -26.9% |
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 9 October 2026 via checked.be.