JDR Advice: 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.
JDR Advice
Largest movements
- Cash -€26,532
down €26,532 (-68.5%), from €38,716 to €12,184
mainly Contributions, distributions and other (-€98,585) and Debts after one year (-€26,698)
- Receivables within one year -€6,199
down €6,199 (-45.0%), from €13,779 to €7,580
of which Trade receivables: -€5,199
- Profit (loss) carried forward -€30,711
down €30,711 (-31.2%), from €98,585 to €67,874
- Debts after one year -€26,698
down €26,698 (-10.5%), from €254,486 to €227,787
- Other debts +€20,853
up €20,853 (+5,025%), from €415 to €21,268
- Gross operating margin +€11,321
up €11,321 (+11.3%), from €99,839 to €111,159
- Taxes +€4,225
up €4,225 (+21.1%), from €20,022 to €24,247
- Other operating charges -€1,796
down €1,796 (-29.8%), from €6,023 to €4,227
- Financial income +€1,160
up €1,160 (+70.7%), from €1,641 to €2,801
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 | €385,221 | €350,275 | -€34,946 | -9.1% |
| Fixed assets | 21/28 | €278,740 | €276,991 | -€1,749 | -0.6% |
| Tangible fixed assets | 22/27 | €268,740 | €266,991 | -€1,749 | -0.7% |
| Land and buildings | 22 | €266,901 | €259,010 | -€7,891 | -3.0% |
| Plant, machinery and equipment | 23 | €1,196 | €3,748 | +€2,552 | +213% |
| Furniture and vehicles | 24 | €643 | €4,233 | +€3,590 | +558% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €106,481 | €73,284 | -€33,198 | -31.2% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,779 | €7,580 | -€6,199 | -45.0% |
| Trade receivables | 40 | €12,700 | €7,500 | -€5,199 | -40.9% |
| Other amounts receivable | 41 | €1,080 | €80 | -€1,000 | -92.6% |
| Cash at bank and in hand | 54/58 | €38,716 | €12,184 | -€26,532 | -68.5% |
| Deferred charges and accrued income | 490/1 | €3,986 | €3,520 | -€466 | -11.7% |
| Total equity and liabilities | 10/49 | €385,221 | €350,275 | -€34,946 | -9.1% |
| Equity | 10/15 | €101,585 | €70,874 | -€30,711 | -30.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,585 | €67,874 | -€30,711 | -31.2% |
| Amounts payable | 17/49 | €283,636 | €279,401 | -€4,236 | -1.5% |
| Amounts payable after more than one year | 17 | €254,486 | €227,787 | -€26,698 | -10.5% |
| Financial debts | 170/4 | €254,486 | €227,787 | -€26,698 | -10.5% |
| Amounts payable within one year | 42/48 | €27,576 | €50,039 | +€22,463 | +81.5% |
| Current portion of amounts payable after more than one year | 42 | €14,462 | €14,698 | +€236 | +1.6% |
| Financial debts | 43 | €85 | €90 | +€5 | +5.9% |
| Other loans | 439 | €85 | €90 | +€5 | +5.9% |
| Trade debts | 44 | €3,667 | €2,117 | -€1,551 | -42.3% |
| Suppliers | 440/4 | €3,667 | €2,117 | -€1,551 | -42.3% |
| Taxes, remuneration and social security | 45 | €8,947 | €11,866 | +€2,919 | +32.6% |
| Taxes | 450/3 | €8,947 | €10,366 | +€1,419 | +15.9% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €415 | €21,268 | +€20,853 | +5,025% |
| Accrued charges and deferred income | 492/3 | €1,574 | €1,574 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,849 | €8,587 | -€262 | -3.0% |
| Other operating charges | 640/8 | €6,023 | €4,227 | -€1,796 | -29.8% |
| Non-recurring operating charges | 66A | €2,171 | €443 | -€1,728 | -79.6% |
| Gross operating margin | 9900 | €99,839 | €111,159 | +€11,321 | +11.3% |
| Operating profit (loss) | 9901 | €82,796 | €97,903 | +€15,106 | +18.2% |
| Financial income | 75/76B | €1,641 | €2,801 | +€1,160 | +70.7% |
| Recurring financial income | 75 | €1,641 | €2,801 | +€1,160 | +70.7% |
| Financial charges | 65/66B | €7,925 | €8,583 | +€657 | +8.3% |
| Recurring financial charges | 65 | €7,925 | €8,583 | +€657 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €76,512 | €92,121 | +€15,609 | +20.4% |
| Income taxes | 67/77 | €20,022 | €24,247 | +€4,225 | +21.1% |
| Profit (loss) for the period | 9904 | €56,490 | €67,874 | +€11,384 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,490 | €67,874 | +€11,384 | +20.2% |
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 24 October 2026 via checked.be.