JDM TOITURES: 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.
JDM TOITURES
Largest movements
- Receivables within one year -€61,180
down €61,180 (-85.9%), from €71,222 to €10,042
of which Trade receivables: -€51,615
- Tangible fixed assets +€19,736
up €19,736 (+237%), from €8,312 to €28,048
of which Plant, machinery and equipment: +€24,485
- Cash -€6,569
down €6,569 (-48.7%), from €13,477 to €6,908
mainly Advances received (-€52,476) and Investment in fixed assets (net) (-€28,480)
- Advances received -€52,476
down €52,476 (-94.9%), from €55,276 to €2,800
- Trade debts -€18,732
down €18,732 (-78.6%), from €23,835 to €5,103
- Profit (loss) carried forward +€9,962
up €9,962 (+118%), from €8,448 to €18,409
- Other debts +€8,796
new in 2025: €8,796
- Tax, wage and social debts +€4,066
new in 2025: €4,066
- Gross operating margin +€16,313
up €16,313 (+142%), from €11,500 to €27,813
- Depreciation +€3,715
up €3,715 (+78.2%), from €4,750 to €8,464
- Taxes +€3,599
up €3,599 (+1,232%), from €292 to €3,891
- Financial charges +€2,810
up €2,810 (+204%), from €1,378 to €4,188
- Other operating charges -€1,752
down €1,752 (-56.8%), from €3,084 to €1,332
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 | €96,217 | €48,297 | -€47,921 | -49.8% |
| Fixed assets | 21/28 | €8,312 | €28,328 | +€20,016 | +241% |
| Tangible fixed assets | 22/27 | €8,312 | €28,048 | +€19,736 | +237% |
| Plant, machinery and equipment | 23 | - | €24,485 | +€24,485 | |
| Furniture and vehicles | 24 | €8,312 | €3,562 | -€4,750 | -57.1% |
| Financial fixed assets | 28 | - | €280 | +€280 | |
| Current assets | 29/58 | €87,905 | €19,969 | -€67,936 | -77.3% |
| Stocks and contracts in progress | 3 | €3,009 | €3,009 | = | 0.0% |
| Stocks | 30/36 | €3,009 | €3,009 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €71,222 | €10,042 | -€61,180 | -85.9% |
| Trade receivables | 40 | €57,215 | €5,600 | -€51,615 | -90.2% |
| Other amounts receivable | 41 | €14,007 | €4,442 | -€9,565 | -68.3% |
| Cash at bank and in hand | 54/58 | €13,477 | €6,908 | -€6,569 | -48.7% |
| Deferred charges and accrued income | 490/1 | €197 | €10 | -€187 | -94.9% |
| Total equity and liabilities | 10/49 | €96,217 | €48,297 | -€47,921 | -49.8% |
| Equity | 10/15 | €9,448 | €19,409 | +€9,962 | +105% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,448 | €18,409 | +€9,962 | +118% |
| Amounts payable | 17/49 | €86,769 | €28,887 | -€57,882 | -66.7% |
| Amounts payable after more than one year | 17 | €1,532 | €2,703 | +€1,171 | +76.5% |
| Financial debts | 170/4 | €1,532 | €2,703 | +€1,171 | +76.5% |
| Amounts payable within one year | 42/48 | €85,238 | €26,184 | -€59,053 | -69.3% |
| Current portion of amounts payable after more than one year | 42 | €6,127 | €5,420 | -€707 | -11.5% |
| Trade debts | 44 | €23,835 | €5,103 | -€18,732 | -78.6% |
| Suppliers | 440/4 | €23,835 | €5,103 | -€18,732 | -78.6% |
| Advances received on contracts in progress | 46 | €55,276 | €2,800 | -€52,476 | -94.9% |
| Taxes, remuneration and social security | 45 | - | €4,066 | +€4,066 | |
| Taxes | 450/3 | - | €4,066 | +€4,066 | |
| Other amounts payable | 47/48 | - | €8,796 | +€8,796 | |
| Non-recurring operating income | 76A | - | €184 | +€184 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,750 | €8,464 | +€3,715 | +78.2% |
| Other operating charges | 640/8 | €3,084 | €1,332 | -€1,752 | -56.8% |
| Gross operating margin | 9900 | €11,500 | €27,813 | +€16,313 | +142% |
| Operating profit (loss) | 9901 | €3,666 | €18,016 | +€14,350 | +391% |
| Financial income | 75/76B | €167 | €25 | -€143 | -85.4% |
| Recurring financial income | 75 | €167 | €25 | -€143 | -85.4% |
| Financial charges | 65/66B | €1,378 | €4,188 | +€2,810 | +204% |
| Recurring financial charges | 65 | €1,378 | €4,188 | +€2,810 | +204% |
| Profit (loss) for the period before taxes | 9903 | €2,455 | €13,853 | +€11,397 | +464% |
| Income taxes | 67/77 | €292 | €3,891 | +€3,599 | +1,232% |
| Profit (loss) for the period | 9904 | €2,163 | €9,962 | +€7,798 | +360% |
| Profit (loss) for the period to be appropriated | 9905 | €2,163 | €9,962 | +€7,798 | +360% |
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 27 October 2026 via checked.be.