JDG Engineering: 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.
JDG Engineering
Largest movements
- Receivables within one year -€27,537
down €27,537 (-48.0%), from €57,352 to €29,815
of which Trade receivables: -€38,630
- Receivables after one year +€19,756
up €19,756 (+78.3%), from €25,221 to €44,977
- Tangible fixed assets -€10,846
down €10,846 (-33.5%), from €32,355 to €21,508
of which Furniture and vehicles: -€10,666
- Deferred charges and accrued income -€3,552
down €3,552 (-100.0%), from €3,552 to €0
- Tax, wage and social debts -€16,213
down €16,213 (-68.5%), from €23,679 to €7,466
- Debts after one year -€9,622
down €9,622 (-49.0%), from €19,640 to €10,018
- Short-term financial debts +€9,218
up €9,218 (+83.4%), from €11,052 to €20,270
- Trade debts -€7,531
down €7,531 (-27.4%), from €27,530 to €19,998
- Reserves +€1,969
up €1,969 (+5.5%), from €35,580 to €37,549
- Staff costs +€1,780
up €1,780 (+464.7%), from €383 to €2,163
- Gross operating margin -€1,516
down €1,516 (-7.7%), from €19,734 to €18,218
- Financial income +€641
up €641 (+184.1%), from €348 to €989
- Taxes -€601
down €601 (-39.8%), from €1,509 to €908
- Other operating charges +€401
up €401 (+67.3%), from €596 to €996
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,480 | €96,301 | -€22,180 | -18.7% |
| Fixed assets | 21/28 | €32,355 | €21,508 | -€10,846 | -33.5% |
| Tangible fixed assets | 22/27 | €32,355 | €21,508 | -€10,846 | -33.5% |
| Plant, machinery and equipment | 23 | €603 | €423 | -€180 | -29.9% |
| Furniture and vehicles | 24 | €31,752 | €21,086 | -€10,666 | -33.6% |
| Current assets | 29/58 | €86,125 | €74,792 | -€11,333 | -13.2% |
| Amounts receivable after more than one year | 29 | €25,221 | €44,977 | +€19,756 | +78.3% |
| Other amounts receivable | 291 | €25,221 | €44,977 | +€19,756 | +78.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €57,352 | €29,815 | -€27,537 | -48.0% |
| Trade receivables | 40 | €56,445 | €17,815 | -€38,630 | -68.4% |
| Other amounts receivable | 41 | €908 | €12,000 | +€11,093 | +1222.3% |
| Deferred charges and accrued income | 490/1 | €3,552 | €0 | -€3,552 | -100.0% |
| Total equity and liabilities | 10/49 | €118,480 | €96,301 | -€22,180 | -18.7% |
| Equity | 10/15 | €36,580 | €38,549 | +€1,969 | +5.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €35,580 | €37,549 | +€1,969 | +5.5% |
| Distributable reserves | 133 | €35,580 | €37,549 | +€1,969 | +5.5% |
| Amounts payable | 17/49 | €81,900 | €57,752 | -€24,149 | -29.5% |
| Amounts payable after more than one year | 17 | €19,640 | €10,018 | -€9,622 | -49.0% |
| Financial debts | 170/4 | €19,640 | €10,018 | -€9,622 | -49.0% |
| Amounts payable within one year | 42/48 | €62,260 | €47,733 | -€14,527 | -23.3% |
| Financial debts | 43 | €11,052 | €20,270 | +€9,218 | +83.4% |
| Credit institutions | 430/8 | €11,052 | €20,270 | +€9,218 | +83.4% |
| Trade debts | 44 | €27,530 | €19,998 | -€7,531 | -27.4% |
| Suppliers | 440/4 | €27,530 | €19,998 | -€7,531 | -27.4% |
| Taxes, remuneration and social security | 45 | €23,679 | €7,466 | -€16,213 | -68.5% |
| Taxes | 450/3 | €23,679 | €7,466 | -€16,213 | -68.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €383 | €2,163 | +€1,780 | +464.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,846 | €10,846 | +€0 | 0.0% |
| Other operating charges | 640/8 | €596 | €996 | +€401 | +67.3% |
| Gross operating margin | 9900 | €19,734 | €18,218 | -€1,516 | -7.7% |
| Operating profit (loss) | 9901 | €7,909 | €4,212 | -€3,697 | -46.7% |
| Financial income | 75/76B | €348 | €989 | +€641 | +184.1% |
| Recurring financial income | 75 | €348 | €989 | +€641 | +184.1% |
| Financial charges | 65/66B | €2,667 | €2,324 | -€343 | -12.9% |
| Recurring financial charges | 65 | €2,667 | €2,324 | -€343 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €5,590 | €2,877 | -€2,713 | -48.5% |
| Income taxes | 67/77 | €1,509 | €908 | -€601 | -39.8% |
| Profit (loss) for the period | 9904 | €4,081 | €1,969 | -€2,112 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,081 | €1,969 | -€2,112 | -51.8% |
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 1 October 2026 via checked.be.