JDeprez: 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.
JDeprez
Largest movements
- Receivables within one year +€77,003
up €77,003 (+106%), from €72,897 to €149,901
of which Trade receivables: +€66,963
- Tangible fixed assets +€30,352
up €30,352 (+75.1%), from €40,420 to €70,772
of which Furniture and vehicles: +€28,277
- Deferred charges and accrued income +€2,800
new in 2025: €2,800
- Debts after one year +€48,828
up €48,828 (+97.2%), from €50,213 to €99,041
- Profit (loss) carried forward +€36,708
up €36,708 (+45.4%), from €80,894 to €117,602
- Trade debts +€26,197
up €26,197 (+314%), from €8,356 to €34,553
- Current portion of long-term debt -€2,815
down €2,815 (-12.1%), from €23,207 to €20,392
- Gross operating margin -€48,953
down €48,953 (-39.4%), from €124,365 to €75,412
- Taxes -€7,652
down €7,652 (-35.1%), from €21,800 to €14,148
- Financial charges +€2,104
up €2,104 (+84.4%), from €2,493 to €4,597
- Depreciation +€1,978
up €1,978 (+10.2%), from €19,355 to €21,333
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 | €169,470 | €278,388 | +€108,918 | +64.3% |
| Fixed assets | 21/28 | €40,420 | €70,772 | +€30,352 | +75.1% |
| Tangible fixed assets | 22/27 | €40,420 | €70,772 | +€30,352 | +75.1% |
| Land and buildings | 22 | €12,196 | €11,365 | -€832 | -6.8% |
| Plant, machinery and equipment | 23 | €4,620 | €7,527 | +€2,906 | +62.9% |
| Furniture and vehicles | 24 | €23,604 | €51,881 | +€28,277 | +120% |
| Current assets | 29/58 | €129,050 | €207,616 | +€78,566 | +60.9% |
| Stocks and contracts in progress | 3 | €22,457 | €22,339 | -€118 | -0.5% |
| Stocks | 30/36 | €22,457 | €22,339 | -€118 | -0.5% |
| Amounts receivable within one year | 40/41 | €72,897 | €149,901 | +€77,003 | +106% |
| Trade receivables | 40 | €22,706 | €89,668 | +€66,963 | +295% |
| Other amounts receivable | 41 | €50,192 | €60,232 | +€10,041 | +20.0% |
| Cash at bank and in hand | 54/58 | €33,696 | €32,575 | -€1,120 | -3.3% |
| Deferred charges and accrued income | 490/1 | - | €2,800 | +€2,800 | |
| Total equity and liabilities | 10/49 | €169,470 | €278,388 | +€108,918 | +64.3% |
| Equity | 10/15 | €83,394 | €120,102 | +€36,708 | +44.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | - | -€2,500 | |
| Issued capital | 100 | €2,500 | - | -€2,500 | |
| Contributions outside capital | 11 | - | €2,500 | +€2,500 | |
| Share premium | 1100/10 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | €80,894 | €117,602 | +€36,708 | +45.4% |
| Amounts payable | 17/49 | €86,076 | €158,286 | +€72,210 | +83.9% |
| Amounts payable after more than one year | 17 | €50,213 | €99,041 | +€48,828 | +97.2% |
| Financial debts | 170/4 | €50,213 | €99,041 | +€48,828 | +97.2% |
| Amounts payable within one year | 42/48 | €35,863 | €59,245 | +€23,382 | +65.2% |
| Current portion of amounts payable after more than one year | 42 | €23,207 | €20,392 | -€2,815 | -12.1% |
| Trade debts | 44 | €8,356 | €34,553 | +€26,197 | +314% |
| Suppliers | 440/4 | €8,356 | €34,553 | +€26,197 | +314% |
| Taxes, remuneration and social security | 45 | €4,300 | €4,300 | = | 0.0% |
| Taxes | 450/3 | €4,300 | €4,300 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,355 | €21,333 | +€1,978 | +10.2% |
| Other operating charges | 640/8 | €1,915 | €919 | -€996 | -52.0% |
| Non-recurring operating charges | 66A | - | €329 | +€329 | |
| Gross operating margin | 9900 | €124,365 | €75,412 | -€48,953 | -39.4% |
| Operating profit (loss) | 9901 | €103,096 | €52,831 | -€50,264 | -48.8% |
| Financial income | 75/76B | €2,092 | €2,621 | +€530 | +25.3% |
| Recurring financial income | 75 | €2,092 | €2,621 | +€530 | +25.3% |
| Financial charges | 65/66B | €2,493 | €4,597 | +€2,104 | +84.4% |
| Recurring financial charges | 65 | €2,493 | €4,597 | +€2,104 | +84.4% |
| Profit (loss) for the period before taxes | 9903 | €102,694 | €50,856 | -€51,838 | -50.5% |
| Income taxes | 67/77 | €21,800 | €14,148 | -€7,652 | -35.1% |
| Profit (loss) for the period | 9904 | €80,894 | €36,708 | -€44,186 | -54.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,894 | €36,708 | -€44,186 | -54.6% |
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 16 October 2026 via checked.be.