JDP: 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.
JDP
Largest movements
- Cash +€234,809
up €234,809 (+1762.0%), from €13,326 to €248,135
mainly Net result for the year (+€292,193) and Receivables within one year (+€137,650)
- Receivables after one year +€226,418
up €226,418 (+91.8%), from €246,600 to €473,018
- Receivables within one year -€137,650
down €137,650 (-87.2%), from €157,833 to €20,183
of which Other amounts receivable: -€133,986
- Financial fixed assets +€77,000
up €77,000 (+289.5%), from €26,600 to €103,600
- Tangible fixed assets -€46,282
down €46,282 (-24.9%), from €185,887 to €139,605
- Reserves +€138,693
up €138,693 (+57.5%), from €241,226 to €379,919
- Other debts +€135,000
new in 2025: €135,000
- Tax, wage and social debts +€44,257
up €44,257 (+112.2%), from €39,441 to €83,698
of which Taxes: +€40,077
- Debts after one year +€35,721
up €35,721 (+13.2%), from €269,771 to €305,492
- Trade debts +€12,606
up €12,606 (+227.3%), from €5,545 to €18,151
- Gross operating margin +€635,065
up €635,065 (+381.7%), from €166,393 to €801,458
- Other operating charges +€311,489
up €311,489 (+11722.7%), from €2,657 to €314,146
- Taxes +€78,642
up €78,642 (+257.0%), from €30,600 to €109,243
- Staff costs +€27,237
up €27,237 (+235.9%), from €11,546 to €38,783
- Depreciation +€24,272
up €24,272 (+98.4%), from €24,665 to €48,938
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 | €633,043 | €988,235 | +€355,192 | +56.1% |
| Fixed assets | 21/28 | €212,487 | €243,205 | +€30,718 | +14.5% |
| Tangible fixed assets | 22/27 | €185,887 | €139,605 | -€46,282 | -24.9% |
| Furniture and vehicles | 24 | €185,887 | €139,605 | -€46,282 | -24.9% |
| Financial fixed assets | 28 | €26,600 | €103,600 | +€77,000 | +289.5% |
| Current assets | 29/58 | €420,556 | €745,030 | +€324,474 | +77.2% |
| Amounts receivable after more than one year | 29 | €246,600 | €473,018 | +€226,418 | +91.8% |
| Other amounts receivable | 291 | €246,600 | €473,018 | +€226,418 | +91.8% |
| Amounts receivable within one year | 40/41 | €157,833 | €20,183 | -€137,650 | -87.2% |
| Trade receivables | 40 | €10,839 | €7,174 | -€3,664 | -33.8% |
| Other amounts receivable | 41 | €146,995 | €13,009 | -€133,986 | -91.2% |
| Cash at bank and in hand | 54/58 | €13,326 | €248,135 | +€234,809 | +1762.0% |
| Deferred charges and accrued income | 490/1 | €2,797 | €3,695 | +€898 | +32.1% |
| Total equity and liabilities | 10/49 | €633,043 | €988,235 | +€355,192 | +56.1% |
| Equity | 10/15 | €246,126 | €384,819 | +€138,693 | +56.4% |
| Contributions | 10/11 | €4,900 | €4,900 | = | 0.0% |
| Reserves | 13 | €241,226 | €379,919 | +€138,693 | +57.5% |
| Distributable reserves | 133 | €241,226 | €379,919 | +€138,693 | +57.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €386,917 | €603,416 | +€216,500 | +56.0% |
| Amounts payable after more than one year | 17 | €269,771 | €305,492 | +€35,721 | +13.2% |
| Financial debts | 170/4 | €269,771 | €305,492 | +€35,721 | +13.2% |
| Amounts payable within one year | 42/48 | €117,146 | €297,924 | +€180,779 | +154.3% |
| Current portion of amounts payable after more than one year | 42 | €59,807 | €61,075 | +€1,268 | +2.1% |
| Trade debts | 44 | €5,545 | €18,151 | +€12,606 | +227.3% |
| Suppliers | 440/4 | €5,545 | €18,151 | +€12,606 | +227.3% |
| Advances received on contracts in progress | 46 | €12,354 | €0 | -€12,354 | -100.0% |
| Taxes, remuneration and social security | 45 | €39,441 | €83,698 | +€44,257 | +112.2% |
| Taxes | 450/3 | €35,459 | €75,535 | +€40,077 | +113.0% |
| Remuneration and social security | 454/9 | €3,982 | €8,163 | +€4,181 | +105.0% |
| Other amounts payable | 47/48 | - | €135,000 | +€135,000 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €11,546 | €38,783 | +€27,237 | +235.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,665 | €48,938 | +€24,272 | +98.4% |
| Other operating charges | 640/8 | €2,657 | €314,146 | +€311,489 | +11722.7% |
| Gross operating margin | 9900 | €166,393 | €801,458 | +€635,065 | +381.7% |
| Operating profit (loss) | 9901 | €127,524 | €399,591 | +€272,067 | +213.3% |
| Financial income | 75/76B | €4,540 | €10,351 | +€5,811 | +128.0% |
| Recurring financial income | 75 | €4,540 | €10,351 | +€5,811 | +128.0% |
| Financial charges | 65/66B | €4,426 | €8,507 | +€4,081 | +92.2% |
| Recurring financial charges | 65 | €4,426 | €8,507 | +€4,081 | +92.2% |
| Profit (loss) for the period before taxes | 9903 | €127,638 | €401,435 | +€273,797 | +214.5% |
| Income taxes | 67/77 | €30,600 | €109,243 | +€78,642 | +257.0% |
| Profit (loss) for the period | 9904 | €97,038 | €292,193 | +€195,155 | +201.1% |
| Profit (loss) for the period to be appropriated | 9905 | €97,038 | €292,193 | +€195,155 | +201.1% |
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 30 September 2026 via checked.be.