JDE at Work: what changed
Two fiscal 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.
JDE at Work
Largest movements
- Receivables within one year +€8,481
up €8,481 (+102.1%), from €8,303 to €16,785
of which Trade receivables: +€6,151
- Cash -€383
down €383 (-5.2%), from €7,302 to €6,919
mainly Tax, wage and social debts (-€14,076) and Receivables within one year (-€8,481)
- Stocks and contracts +€367
up €367 (+2.9%), from €12,465 to €12,832
- Profit (loss) carried forward +€19,956
up €19,956 (+10.4%), from -€191,646 to -€171,691
- Tax, wage and social debts -€14,076
down €14,076 (-73.7%), from €19,109 to €5,034
- Trade debts +€4,113
up €4,113 (+10.8%), from €38,174 to €42,288
- Other debts -€1,490
down €1,490 (-31.2%), from €4,770 to €3,281
- Gross operating margin +€2,476
up €2,476 (+13.3%), from €18,684 to €21,160
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 | €28,071 | €36,575 | +€8,504 | +30.3% |
| Current assets | 29/58 | €28,071 | €36,575 | +€8,504 | +30.3% |
| Stocks and contracts in progress | 3 | €12,465 | €12,832 | +€367 | +2.9% |
| Stocks | 30/36 | €12,465 | €12,832 | +€367 | +2.9% |
| Amounts receivable within one year | 40/41 | €8,303 | €16,785 | +€8,481 | +102.1% |
| Trade receivables | 40 | €8,303 | €14,454 | +€6,151 | +74.1% |
| Other amounts receivable | 41 | - | €2,330 | +€2,330 | |
| Cash at bank and in hand | 54/58 | €7,302 | €6,919 | -€383 | -5.2% |
| Deferred charges and accrued income | 490/1 | - | €38 | +€38 | |
| Total equity and liabilities | 10/49 | €28,071 | €36,575 | +€8,504 | +30.3% |
| Equity | 10/15 | -€33,983 | -€14,027 | +€19,956 | +58.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €151,464 | €151,464 | = | 0.0% |
| Distributable reserves | 133 | €151,464 | €151,464 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€191,646 | -€171,691 | +€19,956 | +10.4% |
| Amounts payable | 17/49 | €62,054 | €50,602 | -€11,452 | -18.5% |
| Amounts payable within one year | 42/48 | €62,054 | €50,602 | -€11,452 | -18.5% |
| Trade debts | 44 | €38,174 | €42,288 | +€4,113 | +10.8% |
| Suppliers | 440/4 | €38,174 | €42,288 | +€4,113 | +10.8% |
| Taxes, remuneration and social security | 45 | €19,109 | €5,034 | -€14,076 | -73.7% |
| Taxes | 450/3 | €19,109 | €5,034 | -€14,076 | -73.7% |
| Other amounts payable | 47/48 | €4,770 | €3,281 | -€1,490 | -31.2% |
| Other operating charges | 640/8 | €705 | €644 | -€60 | -8.6% |
| Gross operating margin | 9900 | €18,684 | €21,160 | +€2,476 | +13.3% |
| Operating profit (loss) | 9901 | €17,979 | €20,516 | +€2,537 | +14.1% |
| Financial income | 75/76B | - | €64 | +€64 | |
| Recurring financial income | 75 | - | €64 | +€64 | |
| Financial charges | 65/66B | €273 | €393 | +€120 | +43.7% |
| Recurring financial charges | 65 | €273 | €393 | +€120 | +43.7% |
| Profit (loss) for the period before taxes | 9903 | €17,706 | €20,187 | +€2,481 | +14.0% |
| Income taxes | 67/77 | €372 | €231 | -€141 | -38.0% |
| Profit (loss) for the period | 9904 | €17,334 | €19,956 | +€2,622 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,334 | €19,956 | +€2,622 | +15.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.