JDS Airconditioning: 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.
JDS Airconditioning
Largest movements
- Cash -€364,853
down €364,853 (-81.3%), from €448,537 to €83,684
mainly Current investments (-€250,000) and Other debts (-€220,822)
- Current investments +€250,000
new in 2025: €250,000
- Tangible fixed assets -€36,797
down €36,797 (-30.8%), from €119,399 to €82,601
of which Furniture and vehicles: -€30,276
- Stocks and contracts -€23,674
down €23,674 (-38.4%), from €61,584 to €37,910
- Other debts -€220,822
down €220,822 (-92.1%), from €239,741 to €18,918
- Reserves +€79,641
up €79,641 (+20.9%), from €381,206 to €460,846
- Current portion of long-term debt -€16,238
no longer reported in 2025 (was €16,238)
- Tax, wage and social debts -€11,705
down €11,705 (-47.7%), from €24,555 to €12,849
of which Taxes: -€9,128
- Trade debts -€9,205
down €9,205 (-98.4%), from €9,352 to €147
- Staff costs +€40,984
up €40,984 (+544%), from €7,533 to €48,516
- Gross operating margin +€36,930
up €36,930 (+21.8%), from €169,093 to €206,022
- Depreciation +€3,041
up €3,041 (+8.7%), from €34,827 to €37,868
- Financial charges -€2,834
down €2,834 (-55.2%), from €5,131 to €2,298
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 | €673,591 | €495,261 | -€178,330 | -26.5% |
| Fixed assets | 21/28 | €119,399 | €82,601 | -€36,797 | -30.8% |
| Tangible fixed assets | 22/27 | €119,399 | €82,601 | -€36,797 | -30.8% |
| Land and buildings | 22 | €7,371 | €2,291 | -€5,080 | -68.9% |
| Plant, machinery and equipment | 23 | €1,922 | €480 | -€1,442 | -75.0% |
| Furniture and vehicles | 24 | €110,106 | €79,830 | -€30,276 | -27.5% |
| Current assets | 29/58 | €554,192 | €412,659 | -€141,532 | -25.5% |
| Stocks and contracts in progress | 3 | €61,584 | €37,910 | -€23,674 | -38.4% |
| Stocks | 30/36 | €61,584 | €37,910 | -€23,674 | -38.4% |
| Amounts receivable within one year | 40/41 | €27,838 | €27,585 | -€253 | -0.9% |
| Trade receivables | 40 | €3,894 | €19,139 | +€15,244 | +391% |
| Other amounts receivable | 41 | €23,944 | €8,447 | -€15,497 | -64.7% |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €448,537 | €83,684 | -€364,853 | -81.3% |
| Deferred charges and accrued income | 490/1 | €16,233 | €13,480 | -€2,753 | -17.0% |
| Total equity and liabilities | 10/49 | €673,591 | €495,261 | -€178,330 | -26.5% |
| Equity | 10/15 | €383,706 | €463,346 | +€79,641 | +20.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €381,206 | €460,846 | +€79,641 | +20.9% |
| Distributable reserves | 133 | €381,206 | €460,846 | +€79,641 | +20.9% |
| Amounts payable | 17/49 | €289,885 | €31,915 | -€257,970 | -89.0% |
| Amounts payable within one year | 42/48 | €289,885 | €31,915 | -€257,970 | -89.0% |
| Current portion of amounts payable after more than one year | 42 | €16,238 | - | -€16,238 | |
| Trade debts | 44 | €9,352 | €147 | -€9,205 | -98.4% |
| Suppliers | 440/4 | €9,352 | €147 | -€9,205 | -98.4% |
| Taxes, remuneration and social security | 45 | €24,555 | €12,849 | -€11,705 | -47.7% |
| Taxes | 450/3 | €21,977 | €12,849 | -€9,128 | -41.5% |
| Remuneration and social security | 454/9 | €2,578 | - | -€2,578 | |
| Other amounts payable | 47/48 | €239,741 | €18,918 | -€220,822 | -92.1% |
| Non-recurring operating income | 76A | €18,566 | - | -€18,566 | |
| Remuneration, social security and pensions | 62 | €7,533 | €48,516 | +€40,984 | +544% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,827 | €37,868 | +€3,041 | +8.7% |
| Other operating charges | 640/8 | €2,146 | €2,434 | +€289 | +13.4% |
| Non-recurring operating charges | 66A | €941 | €3,372 | +€2,432 | +259% |
| Gross operating margin | 9900 | €169,093 | €206,022 | +€36,930 | +21.8% |
| Operating profit (loss) | 9901 | €123,647 | €113,831 | -€9,816 | -7.9% |
| Financial income | 75/76B | €590 | €437 | -€153 | -26.0% |
| Recurring financial income | 75 | €590 | €437 | -€153 | -26.0% |
| Financial charges | 65/66B | €5,131 | €2,298 | -€2,834 | -55.2% |
| Recurring financial charges | 65 | €5,131 | €2,298 | -€2,834 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | €119,105 | €111,970 | -€7,135 | -6.0% |
| Income taxes | 67/77 | €33,166 | €31,496 | -€1,670 | -5.0% |
| Profit (loss) for the period | 9904 | €85,940 | €80,474 | -€5,466 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,940 | €80,474 | -€5,466 | -6.4% |
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 25 October 2026 via checked.be.