JDP GROND: 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 GROND
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Current portion of long-term debt +€202,649
new in 2025: €202,649
- Short-term financial debts -€200,000
no longer reported in 2025 (was €200,000)
- Other debts +€19,568
up €19,568 (+7.8%), from €252,418 to €271,986
- Tax, wage and social debts -€15,825
down €15,825 (-95.1%), from €16,645 to €820
- Depreciation -€1,619
down €1,619 (-86.9%), from €1,863 to €244
- Other operating charges -€513
down €513 (-35.3%), from €1,455 to €941
- Gross operating margin +€297
up €297 (+5.6%), from €5,329 to €5,626
- Taxes +€178
up €178 (+27.8%), from €641 to €820
- Financial charges +€164
up €164 (+37.4%), from €439 to €602
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 | €754,547 | €761,791 | +€7,245 | +1.0% |
| Fixed assets | 21/28 | €535,867 | €535,623 | -€244 | 0.0% |
| Intangible fixed assets | 21 | €266,968 | €266,968 | = | 0.0% |
| Tangible fixed assets | 22/27 | €268,899 | €268,655 | -€244 | -0.1% |
| Land and buildings | 22 | €268,899 | €268,655 | -€244 | -0.1% |
| Current assets | 29/58 | €218,680 | €226,168 | +€7,488 | +3.4% |
| Stocks and contracts in progress | 3 | €190,546 | €191,173 | +€627 | +0.3% |
| Stocks | 30/36 | €190,546 | €191,173 | +€627 | +0.3% |
| Amounts receivable within one year | 40/41 | €3,620 | €1,407 | -€2,213 | -61.1% |
| Trade receivables | 40 | €1,020 | €1,407 | +€387 | +38.0% |
| Other amounts receivable | 41 | €2,600 | €0 | -€2,600 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,075 | €3,702 | +€2,627 | +244.5% |
| Deferred charges and accrued income | 490/1 | €23,440 | €29,886 | +€6,447 | +27.5% |
| Total equity and liabilities | 10/49 | €754,547 | €761,791 | +€7,245 | +1.0% |
| Equity | 10/15 | €282,201 | €285,220 | +€3,019 | +1.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Revaluation surpluses | 12 | €210,421 | €210,421 | = | 0.0% |
| Reserves | 13 | €70,780 | €73,799 | +€3,019 | +4.3% |
| Distributable reserves | 133 | €70,780 | €73,799 | +€3,019 | +4.3% |
| Amounts payable | 17/49 | €472,345 | €476,571 | +€4,226 | +0.9% |
| Amounts payable after more than one year | 17 | €505 | €505 | = | 0.0% |
| Financial debts | 170/4 | - | €505 | +€505 | |
| Other amounts payable | 178/9 | €505 | - | -€505 | |
| Amounts payable within one year | 42/48 | €471,840 | €476,066 | +€4,226 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | - | €202,649 | +€202,649 | |
| Financial debts | 43 | €200,000 | - | -€200,000 | |
| Credit institutions | 430/8 | €200,000 | - | -€200,000 | |
| Trade debts | 44 | €2,778 | €611 | -€2,166 | -78.0% |
| Suppliers | 440/4 | €2,778 | €611 | -€2,166 | -78.0% |
| Taxes, remuneration and social security | 45 | €16,645 | €820 | -€15,825 | -95.1% |
| Taxes | 450/3 | €16,645 | €820 | -€15,825 | -95.1% |
| Other amounts payable | 47/48 | €252,418 | €271,986 | +€19,568 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,863 | €244 | -€1,619 | -86.9% |
| Other operating charges | 640/8 | €1,455 | €941 | -€513 | -35.3% |
| Gross operating margin | 9900 | €5,329 | €5,626 | +€297 | +5.6% |
| Operating profit (loss) | 9901 | €2,012 | €4,441 | +€2,429 | +120.7% |
| Financial charges | 65/66B | €439 | €602 | +€164 | +37.4% |
| Recurring financial charges | 65 | €439 | €602 | +€164 | +37.4% |
| Profit (loss) for the period before taxes | 9903 | €1,574 | €3,839 | +€2,265 | +143.9% |
| Income taxes | 67/77 | €641 | €820 | +€178 | +27.8% |
| Profit (loss) for the period | 9904 | €932 | €3,019 | +€2,087 | +223.9% |
| Profit (loss) for the period to be appropriated | 9905 | €932 | €3,019 | +€2,087 | +223.9% |
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.