JDD CONSTRUCT: 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.
JDD CONSTRUCT
Largest movements
- Tangible fixed assets -€89,174
down €89,174 (-3.8%), from €2.3m to €2.2m
of which Land and buildings: -€68,572
- Cash +€78,121
up €78,121 (+274%), from €28,550 to €106,672
mainly Net result for the year (+€115,958) and Depreciation (+€84,426)
- Receivables within one year +€29,042
up €29,042 (+114%), from €25,521 to €54,563
- Reserves +€117,058
up €117,058 (+75.8%), from €154,450 to €271,508
of which Distributable reserves: +€118,958
- Debts after one year -€99,110
down €99,110 (-7.9%), from €1.3m to €1.2m
- Other operating charges -€28,813
down €28,813 (-78.0%), from €36,963 to €8,150
- Gross operating margin +€16,257
up €16,257 (+6.6%), from €247,815 to €264,072
- Taxes +€4,629
up €4,629 (+60.8%), from €7,619 to €12,248
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.
Derived cash bridge
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 | €2,394,515 | €2,407,102 | +€12,587 | +0.5% |
| Fixed assets | 21/28 | €2,331,444 | €2,242,270 | -€89,174 | -3.8% |
| Tangible fixed assets | 22/27 | €2,331,444 | €2,242,270 | -€89,174 | -3.8% |
| Land and buildings | 22 | €2,260,127 | €2,191,555 | -€68,572 | -3.0% |
| Plant, machinery and equipment | 23 | €12,890 | €11,062 | -€1,828 | -14.2% |
| Furniture and vehicles | 24 | €58,427 | €39,653 | -€18,774 | -32.1% |
| Current assets | 29/58 | €63,071 | €164,832 | +€101,761 | +161% |
| Amounts receivable within one year | 40/41 | €25,521 | €54,563 | +€29,042 | +114% |
| Trade receivables | 40 | €25,521 | €54,563 | +€29,042 | +114% |
| Current investments | 50/53 | €9,000 | - | -€9,000 | |
| Cash at bank and in hand | 54/58 | €28,550 | €106,672 | +€78,121 | +274% |
| Deferred charges and accrued income | 490/1 | - | €3,598 | +€3,598 | |
| Total equity and liabilities | 10/49 | €2,394,515 | €2,407,102 | +€12,587 | +0.5% |
| Equity | 10/15 | €974,959 | €1,090,917 | +€115,958 | +11.9% |
| Contributions | 10/11 | €819,000 | €819,000 | = | 0.0% |
| Reserves | 13 | €154,450 | €271,508 | +€117,058 | +75.8% |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Reserves not available under the articles | 1311 | €1,900 | - | -€1,900 | |
| Tax-exempt reserves | 132 | €16,200 | €16,200 | = | 0.0% |
| Distributable reserves | 133 | €136,350 | €255,308 | +€118,958 | +87.2% |
| Profit (loss) carried forward | 14 | €1,509 | €409 | -€1,100 | -72.9% |
| Amounts payable | 17/49 | €1,419,556 | €1,316,186 | -€103,371 | -7.3% |
| Amounts payable after more than one year | 17 | €1,256,156 | €1,157,046 | -€99,110 | -7.9% |
| Financial debts | 170/4 | €1,256,156 | €1,157,046 | -€99,110 | -7.9% |
| Amounts payable within one year | 42/48 | €125,306 | €120,200 | -€5,106 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €98,529 | €99,110 | +€581 | +0.6% |
| Trade debts | 44 | €56 | €3,962 | +€3,906 | +7,027% |
| Suppliers | 440/4 | €56 | €3,962 | +€3,906 | +7,027% |
| Taxes, remuneration and social security | 45 | €16,031 | €16,654 | +€623 | +3.9% |
| Taxes | 450/3 | €16,031 | €16,654 | +€623 | +3.9% |
| Other amounts payable | 47/48 | €10,690 | €474 | -€10,216 | -95.6% |
| Accrued charges and deferred income | 492/3 | €38,095 | €38,940 | +€845 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,927 | €84,426 | +€1,499 | +1.8% |
| Other operating charges | 640/8 | €36,963 | €8,150 | -€28,813 | -78.0% |
| Gross operating margin | 9900 | €247,815 | €264,072 | +€16,257 | +6.6% |
| Operating profit (loss) | 9901 | €127,926 | €171,496 | +€43,571 | +34.1% |
| Financial income | 75/76B | €164 | €1,906 | +€1,742 | +1,061% |
| Recurring financial income | 75 | €164 | €1,906 | +€1,742 | +1,061% |
| Financial charges | 65/66B | €44,278 | €45,196 | +€919 | +2.1% |
| Recurring financial charges | 65 | €44,278 | €45,196 | +€919 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €83,812 | €128,206 | +€44,394 | +53.0% |
| Income taxes | 67/77 | €7,619 | €12,248 | +€4,629 | +60.8% |
| Profit (loss) for the period | 9904 | €76,193 | €115,958 | +€39,765 | +52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,193 | €115,958 | +€39,765 | +52.2% |
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 22 October 2026 via checked.be.