JDE Holding: 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.
JDE Holding
Largest movements
- Financial fixed assets +€30,000
new in 2025: €30,000
- Tangible fixed assets -€11,019
down €11,019 (-21.7%), from €50,856 to €39,837
of which Furniture and vehicles: -€10,696
- Deferred charges and accrued income +€8,629
up €8,629 (+3357.6%), from €257 to €8,886
- Cash -€2,335
down €2,335 (-89.5%), from €2,610 to €275
mainly Investment in fixed assets (net) (-€30,000) and Deferred charges and accrued income (-€8,629)
- Receivables within one year +€1,314
up €1,314 (+25.2%), from €5,212 to €6,526
- Debts after one year +€14,136
up €14,136 (+33.3%), from €42,428 to €56,564
- Trade debts +€4,750
up €4,750 (+134.2%), from €3,540 to €8,290
- Current portion of long-term debt +€4,698
up €4,698 (+52.5%), from €8,947 to €13,645
- Profit (loss) carried forward +€2,886
up €2,886 (+282.9%), from €1,020 to €3,906
- Gross operating margin +€14,228
up €14,228 (+176.1%), from €8,080 to €22,308
- Depreciation +€6,780
up €6,780 (+159.9%), from €4,239 to €11,019
- Financial charges +€5,030
up €5,030 (+326.0%), from €1,543 to €6,573
- Taxes +€633
up €633 (+64.2%), from €986 to €1,619
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 | €58,935 | €85,524 | +€26,589 | +45.1% |
| Fixed assets | 21/28 | €50,856 | €69,837 | +€18,981 | +37.3% |
| Tangible fixed assets | 22/27 | €50,856 | €39,837 | -€11,019 | -21.7% |
| Furniture and vehicles | 24 | €49,330 | €38,634 | -€10,696 | -21.7% |
| Other tangible fixed assets | 26 | €1,526 | €1,203 | -€323 | -21.2% |
| Financial fixed assets | 28 | - | €30,000 | +€30,000 | |
| Current assets | 29/58 | €8,079 | €15,687 | +€7,608 | +94.2% |
| Amounts receivable within one year | 40/41 | €5,212 | €6,526 | +€1,314 | +25.2% |
| Other amounts receivable | 41 | €5,212 | €6,526 | +€1,314 | +25.2% |
| Cash at bank and in hand | 54/58 | €2,610 | €275 | -€2,335 | -89.5% |
| Deferred charges and accrued income | 490/1 | €257 | €8,886 | +€8,629 | +3357.6% |
| Total equity and liabilities | 10/49 | €58,935 | €85,524 | +€26,589 | +45.1% |
| Equity | 10/15 | €4,020 | €6,906 | +€2,886 | +71.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,020 | €3,906 | +€2,886 | +282.9% |
| Amounts payable | 17/49 | €54,915 | €78,618 | +€23,703 | +43.2% |
| Amounts payable after more than one year | 17 | €42,428 | €56,564 | +€14,136 | +33.3% |
| Financial debts | 170/4 | €42,428 | €56,564 | +€14,136 | +33.3% |
| Amounts payable within one year | 42/48 | €12,487 | €22,054 | +€9,567 | +76.6% |
| Current portion of amounts payable after more than one year | 42 | €8,947 | €13,645 | +€4,698 | +52.5% |
| Trade debts | 44 | €3,540 | €8,290 | +€4,750 | +134.2% |
| Suppliers | 440/4 | €3,540 | €8,290 | +€4,750 | +134.2% |
| Taxes, remuneration and social security | 45 | - | €119 | +€119 | |
| Taxes | 450/3 | - | €119 | +€119 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,239 | €11,019 | +€6,780 | +159.9% |
| Other operating charges | 640/8 | €455 | €537 | +€82 | +18.0% |
| Gross operating margin | 9900 | €8,080 | €22,308 | +€14,228 | +176.1% |
| Operating profit (loss) | 9901 | €3,386 | €10,752 | +€7,366 | +217.5% |
| Financial income | 75/76B | €163 | €326 | +€163 | +100.0% |
| Recurring financial income | 75 | €163 | €326 | +€163 | +100.0% |
| Financial charges | 65/66B | €1,543 | €6,573 | +€5,030 | +326.0% |
| Recurring financial charges | 65 | €1,543 | €6,573 | +€5,030 | +326.0% |
| Profit (loss) for the period before taxes | 9903 | €2,006 | €4,505 | +€2,499 | +124.6% |
| Income taxes | 67/77 | €986 | €1,619 | +€633 | +64.2% |
| Profit (loss) for the period | 9904 | €1,020 | €2,886 | +€1,866 | +182.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,020 | €2,886 | +€1,866 | +182.9% |
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 11 October 2026 via checked.be.