JDS IMMO: what changed
What changed
JDS IMMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
-€334,369
2023 · -€658,443+€324,074
Equity
-€1.4m
2023 · -€1.1m-€334,369
Cash
€38
2023 · -+€38
Balance sheet total
€20.5m
2023 · €10.6m+€10.0m
Largest movements
Assets
- Receivables within one year +€10.0m
up €10.0m (+531%), from €1.9m to €11.9m
of which Other amounts receivable: +€10.0m
Equity and liabilities
- Other debts +€10.1m
up €10.1m (+329%), from €3.1m to €13.1m
- Profit (loss) carried forward -€334,369
down €334,369 (-28.8%), from -€1.2m to -€1.5m
- Short-term financial debts +€272,750
up €272,750 (+73.2%), from €372,674 to €645,424
Income statement
- Financial charges -€190,284
down €190,284 (-38.9%), from €488,819 to €298,535
- Other operating charges -€108,267
down €108,267 (-99.1%), from €109,228 to €961
- Gross operating margin +€25,295
up €25,295 (+68.0%), from -€37,208 to -€11,913
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€658,443
Gross operating margin
+€25,295
Depreciation
+€228
Other operating charges
+€108,267
Financial charges
+€190,284
Result 2024
-€334,369
raises the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€272,713
Investment
+€1
Financing
+€272,750
Cash 2023
€0
From operations (derived)
-€272,713
Net result for the year
-€334,369
Depreciation
+€22,960
Receivables within one year
-€10.0m
Smaller working-capital items
+€9,140
Other debts
+€10.1m
Accrued charges and deferred income
-€36,898
Investment (derived)
+€1
Investment in fixed assets (net)
+€1
Financing
+€272,750
Short-term financial debts
+€272,750
Cash 2024
€38
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,569,825 | €20,548,482 | +€10.0m | +94.4% |
| Fixed assets | 21/28 | €8,685,325 | €8,662,364 | -€22,961 | -0.3% |
| Tangible fixed assets | 22/27 | €8,685,325 | €8,662,364 | -€22,961 | -0.3% |
| Land and buildings | 22 | €224,617 | €201,955 | -€22,662 | -10.1% |
| Plant, machinery and equipment | 23 | €8,415,708 | €8,415,409 | -€299 | 0.0% |
| Assets under construction and advance payments | 27 | €45,000 | €45,000 | = | 0.0% |
| Current assets | 29/58 | €1,884,500 | €11,886,118 | +€10.0m | +531% |
| Amounts receivable within one year | 40/41 | €1,884,500 | €11,886,080 | +€10.0m | +531% |
| Trade receivables | 40 | €1,867,630 | €1,868,375 | +€745 | 0.0% |
| Other amounts receivable | 41 | €16,870 | €10,017,705 | +€10.0m | +59,282% |
| Cash at bank and in hand | 54/58 | - | €38 | +€38 | |
| Total equity and liabilities | 10/49 | €10,569,825 | €20,548,482 | +€10.0m | +94.4% |
| Equity | 10/15 | -€1,092,145 | -€1,426,514 | -€334,369 | -30.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,160,345 | -€1,494,714 | -€334,369 | -28.8% |
| Amounts payable | 17/49 | €11,661,970 | €21,974,996 | +€10.3m | +88.4% |
| Amounts payable after more than one year | 17 | €8,111,000 | €8,111,000 | = | 0.0% |
| Financial debts | 170/4 | €8,111,000 | €8,111,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,514,072 | €13,863,996 | +€10.3m | +295% |
| Financial debts | 43 | €372,674 | €645,424 | +€272,750 | +73.2% |
| Credit institutions | 430/8 | €372,674 | €645,424 | +€272,750 | +73.2% |
| Trade debts | 44 | €81,478 | €90,508 | +€9,030 | +11.1% |
| Suppliers | 440/4 | €81,478 | €90,508 | +€9,030 | +11.1% |
| Taxes, remuneration and social security | 45 | - | €110 | +€110 | |
| Remuneration and social security | 454/9 | - | €110 | +€110 | |
| Other amounts payable | 47/48 | €3,059,920 | €13,127,954 | +€10.1m | +329% |
| Accrued charges and deferred income | 492/3 | €36,898 | - | -€36,898 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,188 | €22,960 | -€228 | -1.0% |
| Other operating charges | 640/8 | €109,228 | €961 | -€108,267 | -99.1% |
| Gross operating margin | 9900 | -€37,208 | -€11,913 | +€25,295 | +68.0% |
| Operating profit (loss) | 9901 | -€169,624 | -€35,834 | +€133,790 | +78.9% |
| Financial charges | 65/66B | €488,819 | €298,535 | -€190,284 | -38.9% |
| Recurring financial charges | 65 | €488,819 | €298,535 | -€190,284 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | -€658,443 | -€334,369 | +€324,074 | +49.2% |
| Profit (loss) for the period | 9904 | -€658,443 | -€334,369 | +€324,074 | +49.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€658,443 | -€334,369 | +€324,074 | +49.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.