JDL & CO: 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.
JDL & CO
Largest movements
- Receivables within one year -€131,724
down €131,724 (-23.0%), from €572,851 to €441,127
of which Other amounts receivable: -€152,639
- Stocks and contracts +€110,646
up €110,646 (+29.6%), from €373,456 to €484,102
- Cash +€62,782
up €62,782 (+465.6%), from €13,483 to €76,265
mainly Receivables within one year (+€131,724) and Trade debts (+€70,064)
- Tangible fixed assets -€32,729
down €32,729 (-4.8%), from €682,983 to €650,254
of which Land and buildings: -€25,523
- Trade debts +€70,064
up €70,064 (+16.1%), from €434,129 to €504,194
- Tax, wage and social debts +€48,448
up €48,448 (+36.5%), from €132,892 to €181,340
of which Taxes: +€60,910
- Profit (loss) carried forward -€43,978
down €43,978 (-64.3%), from €68,429 to €24,452
- Debts after one year -€40,453
down €40,453 (-5.4%), from €755,635 to €715,181
- Current portion of long-term debt -€19,489
down €19,489 (-35.9%), from €54,353 to €34,864
- Gross operating margin -€131,344
down €131,344 (-22.0%), from €597,034 to €465,690
- Staff costs -€83,334
down €83,334 (-16.4%), from €509,505 to €426,170
- Other operating charges +€9,875
up €9,875 (+93.1%), from €10,607 to €20,482
- Financial charges -€9,546
down €9,546 (-27.7%), from €34,471 to €24,926
- Taxes -€6,313
down €6,313 (-78.5%), from €8,042 to €1,730
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.
Cash bridge derived
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 | €1,689,354 | €1,710,783 | +€21,430 | +1.3% |
| Formation expenses | 20 | €1,300 | €1,300 | = | 0.0% |
| Fixed assets | 21/28 | €716,593 | €696,545 | -€20,047 | -2.8% |
| Intangible fixed assets | 21 | - | €12,682 | +€12,682 | |
| Tangible fixed assets | 22/27 | €682,983 | €650,254 | -€32,729 | -4.8% |
| Land and buildings | 22 | €656,208 | €630,685 | -€25,523 | -3.9% |
| Plant, machinery and equipment | 23 | €24,500 | €19,569 | -€4,931 | -20.1% |
| Furniture and vehicles | 24 | €2,275 | - | -€2,275 | |
| Financial fixed assets | 28 | €33,610 | €33,610 | = | 0.0% |
| Current assets | 29/58 | €971,461 | €1,012,938 | +€41,477 | +4.3% |
| Stocks and contracts in progress | 3 | €373,456 | €484,102 | +€110,646 | +29.6% |
| Stocks | 30/36 | €373,456 | €484,102 | +€110,646 | +29.6% |
| Amounts receivable within one year | 40/41 | €572,851 | €441,127 | -€131,724 | -23.0% |
| Trade receivables | 40 | €227,529 | €248,443 | +€20,915 | +9.2% |
| Other amounts receivable | 41 | €345,322 | €192,684 | -€152,639 | -44.2% |
| Cash at bank and in hand | 54/58 | €13,483 | €76,265 | +€62,782 | +465.6% |
| Deferred charges and accrued income | 490/1 | €11,671 | €11,444 | -€227 | -1.9% |
| Total equity and liabilities | 10/49 | €1,689,354 | €1,710,783 | +€21,430 | +1.3% |
| Equity | 10/15 | €298,121 | €254,944 | -€43,178 | -14.5% |
| Contributions | 10/11 | €96,703 | €96,703 | = | 0.0% |
| Capital | 10 | €96,703 | €96,703 | = | 0.0% |
| Issued capital | 100 | €96,703 | €96,703 | = | 0.0% |
| Reserves | 13 | €114,989 | €114,989 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,670 | €9,670 | = | 0.0% |
| Legal reserve | 130 | €9,670 | €9,670 | = | 0.0% |
| Distributable reserves | 133 | €105,318 | €105,318 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,429 | €24,452 | -€43,978 | -64.3% |
| Investment grants | 15 | €18,000 | €18,800 | +€800 | +4.4% |
| Provisions and deferred taxes | 16 | €10,227 | €10,227 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,227 | €10,227 | = | 0.0% |
| Environmental obligations | 163 | €10,227 | €10,227 | = | 0.0% |
| Amounts payable | 17/49 | €1,381,005 | €1,445,612 | +€64,607 | +4.7% |
| Amounts payable after more than one year | 17 | €755,635 | €715,181 | -€40,453 | -5.4% |
| Financial debts | 170/4 | €755,635 | €715,181 | -€40,453 | -5.4% |
| Amounts payable within one year | 42/48 | €621,375 | €725,665 | +€104,291 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €54,353 | €34,864 | -€19,489 | -35.9% |
| Trade debts | 44 | €434,129 | €504,194 | +€70,064 | +16.1% |
| Suppliers | 440/4 | €434,129 | €504,194 | +€70,064 | +16.1% |
| Taxes, remuneration and social security | 45 | €132,892 | €181,340 | +€48,448 | +36.5% |
| Taxes | 450/3 | €91,604 | €152,513 | +€60,910 | +66.5% |
| Remuneration and social security | 454/9 | €41,288 | €28,827 | -€12,461 | -30.2% |
| Other amounts payable | 47/48 | - | €5,267 | +€5,267 | |
| Accrued charges and deferred income | 492/3 | €3,996 | €4,766 | +€770 | +19.3% |
| Non-recurring operating income | 76A | - | €484 | +€484 | |
| Remuneration, social security and pensions | 62 | €509,505 | €426,170 | -€83,334 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,443 | €30,938 | -€4,506 | -12.7% |
| Other operating charges | 640/8 | €10,607 | €20,482 | +€9,875 | +93.1% |
| Non-recurring operating charges | 66A | - | €2,275 | +€2,275 | |
| Gross operating margin | 9900 | €597,034 | €465,690 | -€131,344 | -22.0% |
| Operating profit (loss) | 9901 | €41,479 | -€14,175 | -€55,654 | |
| Financial income | 75/76B | €4,201 | €19 | -€4,182 | -99.5% |
| Recurring financial income | 75 | €4,201 | €19 | -€4,182 | -99.5% |
| Financial charges | 65/66B | €34,471 | €24,926 | -€9,546 | -27.7% |
| Recurring financial charges | 65 | €34,471 | €24,926 | -€9,546 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €11,208 | -€39,082 | -€50,290 | |
| Income taxes | 67/77 | €8,042 | €1,730 | -€6,313 | -78.5% |
| Profit (loss) for the period | 9904 | €3,166 | -€40,812 | -€43,978 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,166 | -€40,812 | -€43,978 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.