JDExpertise: 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.
JDExpertise
Largest movements
- Tangible fixed assets -€7,856
down €7,856 (-21.6%), from €36,373 to €28,518
of which Plant, machinery and equipment: -€4,863
- Cash -€5,662
down €5,662 (-15.4%), from €36,874 to €31,212
mainly Contributions, distributions and other (-€51,485) and Net result for the year (-€2,773)
- Receivables within one year +€2,004
up €2,004 (+90.1%), from €2,224 to €4,228
of which Trade receivables: +€1,881
- Reserves -€51,485
down €51,485 (-94.3%), from €54,591 to €3,107
- Other debts +€42,881
up €42,881 (+498.4%), from €8,604 to €51,485
- Profit (loss) carried forward -€2,773
new in 2025: -€2,773
- Tax, wage and social debts -€1,279
down €1,279 (-20.8%), from €6,156 to €4,877
- Trade debts +€1,014
up €1,014 (+145.5%), from €697 to €1,710
- Gross operating margin -€14,524
down €14,524 (-62.8%), from €23,125 to €8,602
- Taxes -€3,104
down €3,104 (-94.4%), from €3,288 to €184
- Other operating charges -€1,927
down €1,927 (-68.4%), from €2,817 to €890
- Write-downs +€1,526
no longer reported in 2025 (was -€1,526)
- Depreciation -€1,199
down €1,199 (-11.6%), from €10,348 to €9,149
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 | €76,248 | €64,725 | -€11,523 | -15.1% |
| Fixed assets | 21/28 | €36,823 | €28,968 | -€7,856 | -21.3% |
| Tangible fixed assets | 22/27 | €36,373 | €28,518 | -€7,856 | -21.6% |
| Plant, machinery and equipment | 23 | €9,402 | €4,539 | -€4,863 | -51.7% |
| Furniture and vehicles | 24 | €7,139 | €5,882 | -€1,257 | -17.6% |
| Other tangible fixed assets | 26 | €19,833 | €18,097 | -€1,736 | -8.8% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €39,425 | €35,758 | -€3,667 | -9.3% |
| Amounts receivable within one year | 40/41 | €2,224 | €4,228 | +€2,004 | +90.1% |
| Trade receivables | 40 | - | €1,881 | +€1,881 | |
| Other amounts receivable | 41 | €2,224 | €2,347 | +€123 | +5.5% |
| Cash at bank and in hand | 54/58 | €36,874 | €31,212 | -€5,662 | -15.4% |
| Deferred charges and accrued income | 490/1 | €327 | €318 | -€9 | -2.8% |
| Total equity and liabilities | 10/49 | €76,248 | €64,725 | -€11,523 | -15.1% |
| Equity | 10/15 | €60,791 | €6,534 | -€54,257 | -89.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €54,591 | €3,107 | -€51,485 | -94.3% |
| Distributable reserves | 133 | €54,591 | €3,107 | -€51,485 | -94.3% |
| Profit (loss) carried forward | 14 | - | -€2,773 | -€2,773 | |
| Amounts payable | 17/49 | €15,457 | €58,191 | +€42,735 | +276.5% |
| Amounts payable within one year | 42/48 | €15,457 | €58,072 | +€42,615 | +275.7% |
| Trade debts | 44 | €697 | €1,710 | +€1,014 | +145.5% |
| Suppliers | 440/4 | €697 | €1,710 | +€1,014 | +145.5% |
| Taxes, remuneration and social security | 45 | €6,156 | €4,877 | -€1,279 | -20.8% |
| Taxes | 450/3 | €6,156 | €4,877 | -€1,279 | -20.8% |
| Other amounts payable | 47/48 | €8,604 | €51,485 | +€42,881 | +498.4% |
| Accrued charges and deferred income | 492/3 | - | €120 | +€120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,348 | €9,149 | -€1,199 | -11.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,526 | - | +€1,526 | |
| Other operating charges | 640/8 | €2,817 | €890 | -€1,927 | -68.4% |
| Gross operating margin | 9900 | €23,125 | €8,602 | -€14,524 | -62.8% |
| Operating profit (loss) | 9901 | €11,486 | -€1,437 | -€12,924 | |
| Financial income | 75/76B | €302 | €241 | -€61 | -20.0% |
| Recurring financial income | 75 | €302 | €241 | -€61 | -20.0% |
| Financial charges | 65/66B | €1,828 | €1,393 | -€435 | -23.8% |
| Recurring financial charges | 65 | €1,828 | €1,393 | -€435 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €9,960 | -€2,589 | -€12,549 | |
| Income taxes | 67/77 | €3,288 | €184 | -€3,104 | -94.4% |
| Profit (loss) for the period | 9904 | €6,672 | -€2,773 | -€9,445 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,672 | -€2,773 | -€9,445 |
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 10 October 2026 via checked.be.