jdd mgt: 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 mgt
Largest movements
- Receivables within one year +€46,702
up €46,702 (+71.3%), from €65,489 to €112,191
of which Other amounts receivable: +€28,730
- Cash +€10,123
up €10,123 (+4,690%), from €216 to €10,339
mainly Net result for the year (+€49,275) and Tax, wage and social debts (+€36,036)
- Tangible fixed assets -€7,940
down €7,940 (-17.1%), from €46,378 to €38,438
of which Furniture and vehicles: -€10,396
- Financial fixed assets +€4,100
up €4,100 (+2,971%), from €138 to €4,238
- Tax, wage and social debts +€36,036
up €36,036 (+287%), from €12,546 to €48,581
- Other debts +€33,331
up €33,331 (+390%), from €8,553 to €41,884
- Trade debts -€10,097
down €10,097 (-30.0%), from €33,700 to €23,603
- Debts after one year -€7,250
down €7,250 (-30.1%), from €24,058 to €16,808
- Gross operating margin +€65,253
up €65,253 (+330%), from €19,795 to €85,049
- Taxes +€13,115
up €13,115 (+644%), from €2,038 to €15,153
- Financial charges +€3,506
up €3,506 (+148%), from €2,369 to €5,875
- Depreciation +€2,053
up €2,053 (+20.0%), from €10,284 to €12,338
- Other operating charges +€1,944
up €1,944 (+171%), from €1,140 to €3,084
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 | €112,525 | €165,524 | +€53,000 | +47.1% |
| Fixed assets | 21/28 | €46,516 | €42,676 | -€3,840 | -8.3% |
| Tangible fixed assets | 22/27 | €46,378 | €38,438 | -€7,940 | -17.1% |
| Plant, machinery and equipment | 23 | €3,117 | €5,573 | +€2,456 | +78.8% |
| Furniture and vehicles | 24 | €43,261 | €32,865 | -€10,396 | -24.0% |
| Financial fixed assets | 28 | €138 | €4,238 | +€4,100 | +2,971% |
| Current assets | 29/58 | €66,009 | €122,849 | +€56,840 | +86.1% |
| Amounts receivable within one year | 40/41 | €65,489 | €112,191 | +€46,702 | +71.3% |
| Trade receivables | 40 | €14,612 | €32,583 | +€17,972 | +123% |
| Other amounts receivable | 41 | €50,877 | €79,608 | +€28,730 | +56.5% |
| Cash at bank and in hand | 54/58 | €216 | €10,339 | +€10,123 | +4,690% |
| Deferred charges and accrued income | 490/1 | €304 | €319 | +€15 | +4.9% |
| Total equity and liabilities | 10/49 | €112,525 | €165,524 | +€53,000 | +47.1% |
| Equity | 10/15 | €26,720 | €26,720 | = | 0.0% |
| Reserves | 13 | €1,397 | €1,397 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,397 | €1,397 | = | 0.0% |
| Other | 1319 | €1,397 | €1,397 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,323 | €25,323 | = | 0.0% |
| Amounts payable | 17/49 | €85,804 | €138,804 | +€53,000 | +61.8% |
| Amounts payable after more than one year | 17 | €24,058 | €16,808 | -€7,250 | -30.1% |
| Financial debts | 170/4 | €24,058 | €16,808 | -€7,250 | -30.1% |
| Amounts payable within one year | 42/48 | €61,746 | €121,996 | +€60,249 | +97.6% |
| Current portion of amounts payable after more than one year | 42 | €6,947 | €7,928 | +€980 | +14.1% |
| Trade debts | 44 | €33,700 | €23,603 | -€10,097 | -30.0% |
| Suppliers | 440/4 | €33,700 | €23,603 | -€10,097 | -30.0% |
| Taxes, remuneration and social security | 45 | €12,546 | €48,581 | +€36,036 | +287% |
| Taxes | 450/3 | €12,546 | €48,581 | +€36,036 | +287% |
| Other amounts payable | 47/48 | €8,553 | €41,884 | +€33,331 | +390% |
| Non-recurring operating income | 76A | €1,897 | €0 | -€1,897 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,284 | €12,338 | +€2,053 | +20.0% |
| Other operating charges | 640/8 | €1,140 | €3,084 | +€1,944 | +171% |
| Gross operating margin | 9900 | €19,795 | €85,049 | +€65,253 | +330% |
| Operating profit (loss) | 9901 | €8,371 | €69,627 | +€61,256 | +732% |
| Financial income | 75/76B | €19 | €677 | +€658 | +3,522% |
| Recurring financial income | 75 | €19 | €677 | +€658 | +3,522% |
| Financial charges | 65/66B | €2,369 | €5,875 | +€3,506 | +148% |
| Recurring financial charges | 65 | €2,369 | €5,875 | +€3,506 | +148% |
| Profit (loss) for the period before taxes | 9903 | €6,021 | €64,428 | +€58,408 | +970% |
| Income taxes | 67/77 | €2,038 | €15,153 | +€13,115 | +644% |
| Profit (loss) for the period | 9904 | €3,983 | €49,275 | +€45,292 | +1,137% |
| Profit (loss) for the period to be appropriated | 9905 | €3,983 | €49,275 | +€45,292 | +1,137% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.