JDMC: 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.
JDMC
Largest movements
- Cash +€54,430
up €54,430 (+78.3%), from €69,517 to €123,947
mainly Net result for the year (+€79,480) and Tax, wage and social debts (+€16,307)
- Current investments +€43,955
new in 2025: €43,955
- Tangible fixed assets +€12,198
up €12,198 (+785.4%), from €1,553 to €13,751
of which Other tangible fixed assets: +€12,806
- Profit (loss) carried forward +€79,480
up €79,480 (+140.9%), from €56,393 to €135,873
- Tax, wage and social debts +€16,307
up €16,307 (+65.0%), from €25,097 to €41,404
- Other debts +€10,364
new in 2025: €10,364
- Trade debts +€4,366
up €4,366 (+174.6%), from €2,500 to €6,866
- Gross operating margin +€30,393
up €30,393 (+42.8%), from €70,965 to €101,358
- Taxes +€6,176
up €6,176 (+43.2%), from €14,300 to €20,476
- Depreciation +€1,341
up €1,341 (+493.0%), from €272 to €1,613
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
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 | €83,991 | €194,508 | +€110,517 | +131.6% |
| Fixed assets | 21/28 | €1,553 | €13,751 | +€12,198 | +785.4% |
| Tangible fixed assets | 22/27 | €1,553 | €13,751 | +€12,198 | +785.4% |
| Furniture and vehicles | 24 | €1,553 | €945 | -€608 | -39.2% |
| Other tangible fixed assets | 26 | - | €12,806 | +€12,806 | |
| Current assets | 29/58 | €82,438 | €180,757 | +€98,319 | +119.3% |
| Amounts receivable within one year | 40/41 | €12,404 | €12,855 | +€451 | +3.6% |
| Trade receivables | 40 | - | €12,855 | +€12,855 | |
| Other amounts receivable | 41 | €12,404 | - | -€12,404 | |
| Current investments | 50/53 | - | €43,955 | +€43,955 | |
| Cash at bank and in hand | 54/58 | €69,517 | €123,947 | +€54,430 | +78.3% |
| Deferred charges and accrued income | 490/1 | €517 | - | -€517 | |
| Total equity and liabilities | 10/49 | €83,991 | €194,508 | +€110,517 | +131.6% |
| Equity | 10/15 | €56,394 | €135,874 | +€79,480 | +140.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,393 | €135,873 | +€79,480 | +140.9% |
| Amounts payable | 17/49 | €27,597 | €58,634 | +€31,037 | +112.5% |
| Amounts payable within one year | 42/48 | €27,597 | €58,634 | +€31,037 | +112.5% |
| Trade debts | 44 | €2,500 | €6,866 | +€4,366 | +174.6% |
| Suppliers | 440/4 | €2,500 | €6,866 | +€4,366 | +174.6% |
| Taxes, remuneration and social security | 45 | €25,097 | €41,404 | +€16,307 | +65.0% |
| Taxes | 450/3 | €25,097 | €41,404 | +€16,307 | +65.0% |
| Other amounts payable | 47/48 | - | €10,364 | +€10,364 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272 | €1,613 | +€1,341 | +493.0% |
| Gross operating margin | 9900 | €70,965 | €101,358 | +€30,393 | +42.8% |
| Operating profit (loss) | 9901 | €70,693 | €99,745 | +€29,052 | +41.1% |
| Financial income | 75/76B | - | €922 | +€922 | |
| Recurring financial income | 75 | - | €922 | +€922 | |
| Financial charges | 65/66B | - | €711 | +€711 | |
| Recurring financial charges | 65 | - | €711 | +€711 | |
| Profit (loss) for the period before taxes | 9903 | €70,693 | €99,956 | +€29,263 | +41.4% |
| Income taxes | 67/77 | €14,300 | €20,476 | +€6,176 | +43.2% |
| Profit (loss) for the period | 9904 | €56,393 | €79,480 | +€23,087 | +40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,393 | €79,480 | +€23,087 | +40.9% |
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 7 October 2026 via checked.be.