JDN Montage: what changed
JDN Montage
Largest movements
- Cash +€3,941
up €3,941 (+75.9%), from €5,196 to €9,138
mainly Trade debts (+€9,790) and Depreciation (+€9,195)
- Receivables within one year +€3,269
up €3,269 (+17.9%), from €18,252 to €21,522
of which Other amounts receivable: +€4,604
- Tangible fixed assets +€2,440
up €2,440 (+12.3%), from €19,907 to €22,347
of which Furniture and vehicles: +€1,947
- Trade debts +€9,790
up €9,790 (+6,987%), from €140 to €9,930
- Tax, wage and social debts -€4,248
down €4,248 (-75.2%), from €5,650 to €1,402
- Current portion of long-term debt +€4,040
up €4,040 (+75.8%), from €5,334 to €9,374
- Reserves +€4,000
up €4,000 (+40.0%), from €10,000 to €14,000
- Debts after one year -€2,176
down €2,176 (-22.5%), from €9,667 to €7,491
- Gross operating margin -€14,529
down €14,529 (-47.1%), from €30,851 to €16,322
- Taxes -€4,248
down €4,248 (-75.2%), from €5,650 to €1,402
- Depreciation +€3,527
up €3,527 (+62.2%), from €5,668 to €9,195
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,355 | €53,006 | +€9,651 | +22.3% |
| Fixed assets | 21/28 | €19,907 | €22,347 | +€2,440 | +12.3% |
| Tangible fixed assets | 22/27 | €19,907 | €22,347 | +€2,440 | +12.3% |
| Plant, machinery and equipment | 23 | €6,272 | €5,137 | -€1,134 | -18.1% |
| Furniture and vehicles | 24 | €13,635 | €15,582 | +€1,947 | +14.3% |
| Other tangible fixed assets | 26 | - | €1,627 | +€1,627 | |
| Current assets | 29/58 | €23,448 | €30,659 | +€7,211 | +30.8% |
| Amounts receivable within one year | 40/41 | €18,252 | €21,522 | +€3,269 | +17.9% |
| Trade receivables | 40 | €5,846 | €4,511 | -€1,335 | -22.8% |
| Other amounts receivable | 41 | €12,406 | €17,010 | +€4,604 | +37.1% |
| Cash at bank and in hand | 54/58 | €5,196 | €9,138 | +€3,941 | +75.9% |
| Total equity and liabilities | 10/49 | €43,355 | €53,006 | +€9,651 | +22.3% |
| Equity | 10/15 | €20,500 | €24,810 | +€4,310 | +21.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €10,000 | €14,000 | +€4,000 | +40.0% |
| Distributable reserves | 133 | €10,000 | €14,000 | +€4,000 | +40.0% |
| Profit (loss) carried forward | 14 | €8,000 | €8,310 | +€310 | +3.9% |
| Amounts payable | 17/49 | €22,855 | €28,197 | +€5,342 | +23.4% |
| Amounts payable after more than one year | 17 | €9,667 | €7,491 | -€2,176 | -22.5% |
| Financial debts | 170/4 | €9,667 | €7,491 | -€2,176 | -22.5% |
| Amounts payable within one year | 42/48 | €11,124 | €20,706 | +€9,583 | +86.1% |
| Current portion of amounts payable after more than one year | 42 | €5,334 | €9,374 | +€4,040 | +75.8% |
| Trade debts | 44 | €140 | €9,930 | +€9,790 | +6,987% |
| Suppliers | 440/4 | €140 | €9,930 | +€9,790 | +6,987% |
| Taxes, remuneration and social security | 45 | €5,650 | €1,402 | -€4,248 | -75.2% |
| Taxes | 450/3 | €5,650 | €1,402 | -€4,248 | -75.2% |
| Accrued charges and deferred income | 492/3 | €2,065 | - | -€2,065 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,668 | €9,195 | +€3,527 | +62.2% |
| Other operating charges | 640/8 | €347 | €162 | -€185 | -53.4% |
| Gross operating margin | 9900 | €30,851 | €16,322 | -€14,529 | -47.1% |
| Operating profit (loss) | 9901 | €24,836 | €6,966 | -€17,871 | -72.0% |
| Financial income | 75/76B | €0 | €2 | +€2 | +3,825% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +3,825% |
| Financial charges | 65/66B | €1,186 | €1,256 | +€69 | +5.8% |
| Recurring financial charges | 65 | €1,186 | €1,256 | +€69 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €23,650 | €5,712 | -€17,938 | -75.8% |
| Income taxes | 67/77 | €5,650 | €1,402 | -€4,248 | -75.2% |
| Profit (loss) for the period | 9904 | €18,000 | €4,310 | -€13,691 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,000 | €4,310 | -€13,691 | -76.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.