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JDP4: 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.

What changed

JDP4

BE 0645.553.311
NACE 68.122, Development of non-residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€132,149
2023 · €134,168-€2,020
Equity
€620,116
2023 · €487,967+€132,149
Cash
€597
2023 · €10,003-€9,407
Balance sheet total
€3.3m
2023 · €3.4m-€63,072

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€142,514

    down €142,514 (-4.5%), from €3.2m to €3.0m

  • Receivables within one year +€89,659

    up €89,659 (+42.7%), from €209,841 to €299,500

    of which Other amounts receivable: +€90,208

Equity and liabilities
  • Debts after one year -€198,043

    down €198,043 (-7.7%), from €2.6m to €2.4m

  • Profit (loss) carried forward +€132,149

    up €132,149 (+40.9%), from €322,967 to €455,116

Income statement
  • Gross operating margin -€7,207

    down €7,207 (-1.6%), from €441,863 to €434,656

  • Taxes -€5,433

    down €5,433 (-11.0%), from €49,526 to €44,093

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €134,168
Gross operating margin -€7,207
Depreciation -€594
Other operating charges -€2,418
Financial charges +€2,767
Taxes +€5,433
Result 2024 €132,149

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€197,847
Investment -€12,000
Financing -€195,254
Cash 2023 €10,003
Net result for the year +€132,149
Depreciation +€154,514
Receivables within one year -€89,659
Deferred charges and accrued income +€810
Tax, wage and social debts +€32
Investment in fixed assets (net) -€12,000
Debts after one year -€198,043
Current portion of long-term debt +€2,790
Cash 2024 €597
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €3,402,456 €3,339,383 -€63,072 -1.9%
Fixed assets 21/28 €3,175,639 €3,033,125 -€142,514 -4.5%
Tangible fixed assets 22/27 €3,175,639 €3,033,125 -€142,514 -4.5%
Land and buildings 22 €3,175,639 €3,033,125 -€142,514 -4.5%
Current assets 29/58 €226,817 €306,258 +€79,441 +35.0%
Amounts receivable within one year 40/41 €209,841 €299,500 +€89,659 +42.7%
Trade receivables 40 €120,109 €119,560 -€549 -0.5%
Other amounts receivable 41 €89,732 €179,940 +€90,208 +100.5%
Cash at bank and in hand 54/58 €10,003 €597 -€9,407 -94.0%
Deferred charges and accrued income 490/1 €6,972 €6,162 -€810 -11.6%
Total equity and liabilities 10/49 €3,402,456 €3,339,383 -€63,072 -1.9%
Equity 10/15 €487,967 €620,116 +€132,149 +27.1%
Contributions 10/11 €150,000 €150,000 = 0.0%
Capital 10 €150,000 €150,000 = 0.0%
Issued capital 100 €150,000 €150,000 = 0.0%
Reserves 13 €15,000 €15,000 = 0.0%
Non-distributable reserves 130/1 €15,000 €15,000 = 0.0%
Legal reserve 130 €15,000 €15,000 = 0.0%
Profit (loss) carried forward 14 €322,967 €455,116 +€132,149 +40.9%
Amounts payable 17/49 €2,914,488 €2,719,267 -€195,221 -6.7%
Amounts payable after more than one year 17 €2,572,451 €2,374,408 -€198,043 -7.7%
Financial debts 170/4 €2,572,451 €2,374,408 -€198,043 -7.7%
Amounts payable within one year 42/48 €342,037 €344,859 +€2,822 +0.8%
Current portion of amounts payable after more than one year 42 €195,254 €198,043 +€2,790 +1.4%
Trade debts 44 €0 - =
Suppliers 440/4 €0 - =
Taxes, remuneration and social security 45 €146,783 €146,816 +€32 0.0%
Taxes 450/3 €146,783 €146,816 +€32 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €153,920 €154,514 +€594 +0.4%
Other operating charges 640/8 €63,063 €65,481 +€2,418 +3.8%
Gross operating margin 9900 €441,863 €434,656 -€7,207 -1.6%
Operating profit (loss) 9901 €224,881 €214,661 -€10,219 -4.5%
Financial charges 65/66B €41,186 €38,420 -€2,767 -6.7%
Recurring financial charges 65 €41,186 €38,420 -€2,767 -6.7%
Profit (loss) for the period before taxes 9903 €183,694 €176,242 -€7,453 -4.1%
Income taxes 67/77 €49,526 €44,093 -€5,433 -11.0%
Profit (loss) for the period 9904 €134,168 €132,149 -€2,020 -1.5%
Profit (loss) for the period to be appropriated 9905 €134,168 €132,149 -€2,020 -1.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.