JDK 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.
JDK Management
Largest movements
- Receivables within one year +€33,838
up €33,838 (+107%), from €31,484 to €65,322
of which Trade receivables: +€44,145
- Current investments +€6,254
up €6,254 (+20.6%), from €30,331 to €36,585
- Cash -€5,920
down €5,920 (-57.9%), from €10,233 to €4,313
mainly Receivables within one year (-€33,838) and Contributions, distributions and other (-€24,000)
- Tangible fixed assets +€4,814
up €4,814 (+312%), from €1,544 to €6,358
of which Plant, machinery and equipment: +€4,366
- Deferred charges and accrued income +€1,796
up €1,796 (+56.4%), from €3,182 to €4,977
- Tax, wage and social debts +€19,337
up €19,337 (+289%), from €6,690 to €26,027
- Reserves +€16,219
up €16,219 (+31.7%), from €51,134 to €67,353
- Trade debts +€3,648
up €3,648 (+238%), from €1,535 to €5,183
- Other debts +€1,324
up €1,324 (+79.4%), from €1,666 to €2,990
- Gross operating margin +€49,503
up €49,503 (+275%), from €18,004 to €67,507
- Taxes +€15,002
up €15,002 (+304%), from €4,933 to €19,935
- Depreciation -€6,276
down €6,276 (-82.9%), from €7,572 to €1,297
- Financial charges +€1,538
up €1,538 (+54.0%), from €2,849 to €4,387
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 | €81,774 | €122,555 | +€40,781 | +49.9% |
| Fixed assets | 21/28 | €1,544 | €6,358 | +€4,814 | +312% |
| Tangible fixed assets | 22/27 | €1,544 | €6,358 | +€4,814 | +312% |
| Plant, machinery and equipment | 23 | - | €4,366 | +€4,366 | |
| Furniture and vehicles | 24 | €1,544 | €1,992 | +€448 | +29.0% |
| Current assets | 29/58 | €80,230 | €116,197 | +€35,967 | +44.8% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Trade receivables | 290 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,484 | €65,322 | +€33,838 | +107% |
| Trade receivables | 40 | €21,140 | €65,285 | +€44,145 | +209% |
| Other amounts receivable | 41 | €10,344 | €37 | -€10,307 | -99.6% |
| Current investments | 50/53 | €30,331 | €36,585 | +€6,254 | +20.6% |
| Cash at bank and in hand | 54/58 | €10,233 | €4,313 | -€5,920 | -57.9% |
| Deferred charges and accrued income | 490/1 | €3,182 | €4,977 | +€1,796 | +56.4% |
| Total equity and liabilities | 10/49 | €81,774 | €122,555 | +€40,781 | +49.9% |
| Equity | 10/15 | €69,734 | €85,953 | +€16,219 | +23.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,134 | €67,353 | +€16,219 | +31.7% |
| Distributable reserves | 133 | €51,134 | €67,353 | +€16,219 | +31.7% |
| Amounts payable | 17/49 | €12,040 | €36,602 | +€24,562 | +204% |
| Amounts payable within one year | 42/48 | €12,040 | €36,602 | +€24,562 | +204% |
| Financial debts | 43 | €2,149 | €2,403 | +€254 | +11.8% |
| Credit institutions | 430/8 | €2,149 | €2,403 | +€254 | +11.8% |
| Trade debts | 44 | €1,535 | €5,183 | +€3,648 | +238% |
| Suppliers | 440/4 | €1,535 | €5,183 | +€3,648 | +238% |
| Taxes, remuneration and social security | 45 | €6,690 | €26,027 | +€19,337 | +289% |
| Taxes | 450/3 | €6,690 | €26,027 | +€19,337 | +289% |
| Other amounts payable | 47/48 | €1,666 | €2,990 | +€1,324 | +79.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,572 | €1,297 | -€6,276 | -82.9% |
| Other operating charges | 640/8 | €1,216 | €1,320 | +€103 | +8.5% |
| Non-recurring operating charges | 66A | - | €1,234 | +€1,234 | |
| Gross operating margin | 9900 | €18,004 | €67,507 | +€49,503 | +275% |
| Operating profit (loss) | 9901 | €9,215 | €63,656 | +€54,441 | +591% |
| Financial income | 75/76B | €369 | €885 | +€516 | +140% |
| Recurring financial income | 75 | €369 | €885 | +€516 | +140% |
| Financial charges | 65/66B | €2,849 | €4,387 | +€1,538 | +54.0% |
| Recurring financial charges | 65 | €2,849 | €4,387 | +€1,538 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | €6,735 | €60,154 | +€53,419 | +793% |
| Income taxes | 67/77 | €4,933 | €19,935 | +€15,002 | +304% |
| Profit (loss) for the period | 9904 | €1,802 | €40,219 | +€38,417 | +2,132% |
| Profit (loss) for the period to be appropriated | 9905 | €1,802 | €40,219 | +€38,417 | +2,132% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.