JDMD: 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.
JDMD
Largest movements
- Cash -€845
down €845 (-29.7%), from €2,844 to €1,999
mainly Net result for the year (-€3,042) and Receivables within one year (-€839)
- Receivables within one year +€839
up €839 (+9.5%), from €8,853 to €9,692
of which Trade receivables: +€718
- Tangible fixed assets -€305
down €305 (-22.3%), from €1,366 to €1,061
- Tax, wage and social debts +€3,119
up €3,119 (+132%), from €2,363 to €5,482
of which Remuneration and social security: +€3,400
- Profit (loss) carried forward -€3,042
down €3,042 (-178%), from -€1,708 to -€4,749
- Other debts -€333
no longer reported in 2025 (was €333)
- Trade debts -€265
down €265 (-3.4%), from €7,753 to €7,489
- Gross operating margin -€1,316
down €1,316 (-209%), from -€631 to -€1,947
- Other operating charges -€822
no longer reported in 2025 (was €822)
- Write-downs +€760
new in 2025: €760
- Depreciation +€146
up €146 (+91.8%), from €159 to €305
- Financial charges -€40
down €40 (-41.3%), from €96 to €56
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 | €13,742 | €13,297 | -€445 | -3.2% |
| Fixed assets | 21/28 | €1,816 | €1,511 | -€305 | -16.8% |
| Tangible fixed assets | 22/27 | €1,366 | €1,061 | -€305 | -22.3% |
| Plant, machinery and equipment | 23 | €1,366 | €1,061 | -€305 | -22.3% |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €11,926 | €11,786 | -€140 | -1.2% |
| Amounts receivable within one year | 40/41 | €8,853 | €9,692 | +€839 | +9.5% |
| Trade receivables | 40 | €8,720 | €9,438 | +€718 | +8.2% |
| Other amounts receivable | 41 | €133 | €255 | +€122 | +91.7% |
| Cash at bank and in hand | 54/58 | €2,844 | €1,999 | -€845 | -29.7% |
| Deferred charges and accrued income | 490/1 | €229 | €95 | -€134 | -58.7% |
| Total equity and liabilities | 10/49 | €13,742 | €13,297 | -€445 | -3.2% |
| Equity | 10/15 | €3,292 | €251 | -€3,042 | -92.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,708 | -€4,749 | -€3,042 | -178% |
| Amounts payable | 17/49 | €10,450 | €13,047 | +€2,597 | +24.9% |
| Amounts payable within one year | 42/48 | €10,450 | €12,971 | +€2,521 | +24.1% |
| Trade debts | 44 | €7,753 | €7,489 | -€265 | -3.4% |
| Suppliers | 440/4 | €7,753 | €7,489 | -€265 | -3.4% |
| Taxes, remuneration and social security | 45 | €2,363 | €5,482 | +€3,119 | +132% |
| Taxes | 450/3 | €563 | €282 | -€281 | -49.9% |
| Remuneration and social security | 454/9 | €1,800 | €5,200 | +€3,400 | +189% |
| Other amounts payable | 47/48 | €333 | - | -€333 | |
| Accrued charges and deferred income | 492/3 | - | €76 | +€76 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159 | €305 | +€146 | +91.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €760 | +€760 | |
| Other operating charges | 640/8 | €822 | - | -€822 | |
| Gross operating margin | 9900 | -€631 | -€1,947 | -€1,316 | -209% |
| Operating profit (loss) | 9901 | -€1,611 | -€3,012 | -€1,400 | -86.9% |
| Financial income | 75/76B | - | €27 | +€27 | |
| Recurring financial income | 75 | - | €27 | +€27 | |
| Financial charges | 65/66B | €96 | €56 | -€40 | -41.3% |
| Recurring financial charges | 65 | €96 | €56 | -€40 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,708 | -€3,042 | -€1,334 | -78.1% |
| Profit (loss) for the period | 9904 | -€1,708 | -€3,042 | -€1,334 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,708 | -€3,042 | -€1,334 | -78.1% |
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 14 October 2026 via checked.be.