JDG Management: 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.
JDG Management
Largest movements
- Cash +€11,113
up €11,113 (+299%), from €3,723 to €14,836
mainly Trade debts (+€10,253) and Receivables within one year (+€4,616)
- Receivables within one year -€4,616
down €4,616 (-26.0%), from €17,788 to €13,172
of which Trade receivables: -€4,509
- Financial fixed assets -€2,400
down €2,400 (-100%), from €2,400 to €0
- Tangible fixed assets -€1,193
down €1,193 (-43.3%), from €2,755 to €1,562
of which Plant, machinery and equipment: -€850
- Trade debts +€10,253
up €10,253 (+475%), from €2,157 to €12,410
- Other debts -€6,372
down €6,372 (-24.7%), from €25,846 to €19,473
- Profit (loss) carried forward +€1,885
up €1,885 (+22.6%), from -€8,338 to -€6,452
- Tax, wage and social debts -€1,828
down €1,828 (-36.6%), from €4,993 to €3,165
- Debts after one year -€801
down €801 (-100%), from €801 to €0
- Gross operating margin +€14,865
up €14,865, from -€5,579 to €9,286
- Financial charges +€1,293
up €1,293 (+59.1%), from €2,188 to €3,481
- Depreciation +€208
up €208 (+21.1%), from €985 to €1,193
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,688 | €29,739 | +€3,051 | +11.4% |
| Fixed assets | 21/28 | €5,155 | €1,562 | -€3,593 | -69.7% |
| Tangible fixed assets | 22/27 | €2,755 | €1,562 | -€1,193 | -43.3% |
| Plant, machinery and equipment | 23 | €1,660 | €810 | -€850 | -51.2% |
| Furniture and vehicles | 24 | €1,095 | €753 | -€343 | -31.3% |
| Financial fixed assets | 28 | €2,400 | €0 | -€2,400 | -100% |
| Current assets | 29/58 | €21,533 | €28,177 | +€6,644 | +30.9% |
| Amounts receivable within one year | 40/41 | €17,788 | €13,172 | -€4,616 | -26.0% |
| Trade receivables | 40 | €17,653 | €13,144 | -€4,509 | -25.5% |
| Other amounts receivable | 41 | €135 | €28 | -€107 | -79.3% |
| Cash at bank and in hand | 54/58 | €3,723 | €14,836 | +€11,113 | +299% |
| Deferred charges and accrued income | 490/1 | €23 | €170 | +€147 | +652% |
| Total equity and liabilities | 10/49 | €26,688 | €29,739 | +€3,051 | +11.4% |
| Equity | 10/15 | -€8,238 | -€6,352 | +€1,885 | +22.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€8,338 | -€6,452 | +€1,885 | +22.6% |
| Amounts payable | 17/49 | €34,926 | €36,092 | +€1,165 | +3.3% |
| Amounts payable after more than one year | 17 | €801 | €0 | -€801 | -100% |
| Financial debts | 170/4 | €801 | €0 | -€801 | -100% |
| Amounts payable within one year | 42/48 | €34,125 | €36,092 | +€1,966 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €836 | €801 | -€35 | -4.2% |
| Financial debts | 43 | €295 | €243 | -€52 | -17.6% |
| Credit institutions | 430/8 | €295 | €243 | -€52 | -17.6% |
| Trade debts | 44 | €2,157 | €12,410 | +€10,253 | +475% |
| Suppliers | 440/4 | €2,157 | €12,410 | +€10,253 | +475% |
| Taxes, remuneration and social security | 45 | €4,993 | €3,165 | -€1,828 | -36.6% |
| Taxes | 450/3 | €4,993 | €3,165 | -€1,828 | -36.6% |
| Other amounts payable | 47/48 | €25,846 | €19,473 | -€6,372 | -24.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €985 | €1,193 | +€208 | +21.1% |
| Other operating charges | 640/8 | €499 | €562 | +€63 | +12.5% |
| Non-recurring operating charges | 66A | - | €1,900 | +€1,900 | |
| Gross operating margin | 9900 | -€5,579 | €9,286 | +€14,865 | |
| Operating profit (loss) | 9901 | -€7,063 | €5,631 | +€12,694 | |
| Financial income | 75/76B | €0 | €4 | +€4 | |
| Recurring financial income | 75 | €0 | €4 | +€4 | |
| Financial charges | 65/66B | €2,188 | €3,481 | +€1,293 | +59.1% |
| Recurring financial charges | 65 | €2,188 | €3,481 | +€1,293 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,251 | €2,155 | +€11,405 | |
| Income taxes | 67/77 | €252 | €269 | +€17 | +6.9% |
| Profit (loss) for the period | 9904 | -€9,502 | €1,885 | +€11,388 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,502 | €1,885 | +€11,388 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.