JDS Partners: 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 Partners
Largest movements
- Receivables after one year +€19,800
up €19,800 (+189%), from €10,500 to €30,300
- Receivables within one year +€12,159
up €12,159 (+56.3%), from €21,607 to €33,766
- Cash +€4,164
up €4,164 (+204%), from €2,044 to €6,208
mainly Net result for the year (+€27,116) and Tax, wage and social debts (+€8,855)
- Profit (loss) carried forward +€27,116
up €27,116 (+86.8%), from €31,227 to €58,343
- Tax, wage and social debts +€8,855
up €8,855 (+128%), from €6,940 to €15,795
- Other debts -€1,606
down €1,606 (-87.6%), from €1,833 to €227
- Trade debts +€1,491
up €1,491 (+120%), from €1,241 to €2,732
- Gross operating margin +€3,706
up €3,706 (+9.5%), from €39,173 to €42,879
- Depreciation +€875
up €875 (+24.7%), from €3,536 to €4,411
- Financial income +€646
up €646 (+246%), from €263 to €909
- Taxes +€523
up €523 (+6.8%), from €7,640 to €8,163
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 | €43,241 | €79,097 | +€35,856 | +82.9% |
| Fixed assets | 21/28 | €9,090 | €8,823 | -€267 | -2.9% |
| Tangible fixed assets | 22/27 | €9,090 | €8,823 | -€267 | -2.9% |
| Furniture and vehicles | 24 | €9,090 | €8,823 | -€267 | -2.9% |
| Current assets | 29/58 | €34,151 | €70,274 | +€36,123 | +106% |
| Amounts receivable after more than one year | 29 | €10,500 | €30,300 | +€19,800 | +189% |
| Other amounts receivable | 291 | €10,500 | €30,300 | +€19,800 | +189% |
| Amounts receivable within one year | 40/41 | €21,607 | €33,766 | +€12,159 | +56.3% |
| Trade receivables | 40 | €21,607 | €33,766 | +€12,159 | +56.3% |
| Cash at bank and in hand | 54/58 | €2,044 | €6,208 | +€4,164 | +204% |
| Total equity and liabilities | 10/49 | €43,241 | €79,097 | +€35,856 | +82.9% |
| Equity | 10/15 | €33,227 | €60,343 | +€27,116 | +81.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,227 | €58,343 | +€27,116 | +86.8% |
| Amounts payable | 17/49 | €10,014 | €18,754 | +€8,740 | +87.3% |
| Amounts payable within one year | 42/48 | €10,014 | €18,754 | +€8,740 | +87.3% |
| Trade debts | 44 | €1,241 | €2,732 | +€1,491 | +120% |
| Suppliers | 440/4 | €1,241 | €2,732 | +€1,491 | +120% |
| Taxes, remuneration and social security | 45 | €6,940 | €15,795 | +€8,855 | +128% |
| Taxes | 450/3 | €6,940 | €15,795 | +€8,855 | +128% |
| Other amounts payable | 47/48 | €1,833 | €227 | -€1,606 | -87.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,536 | €4,411 | +€875 | +24.7% |
| Other operating charges | 640/8 | €565 | €919 | +€354 | +62.7% |
| Gross operating margin | 9900 | €39,173 | €42,879 | +€3,706 | +9.5% |
| Operating profit (loss) | 9901 | €35,072 | €37,549 | +€2,477 | +7.1% |
| Financial income | 75/76B | €263 | €909 | +€646 | +246% |
| Recurring financial income | 75 | €263 | €909 | +€646 | +246% |
| Financial charges | 65/66B | €3,131 | €3,179 | +€48 | +1.5% |
| Recurring financial charges | 65 | €3,131 | €3,179 | +€48 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €32,204 | €35,279 | +€3,075 | +9.5% |
| Income taxes | 67/77 | €7,640 | €8,163 | +€523 | +6.8% |
| Profit (loss) for the period | 9904 | €24,564 | €27,116 | +€2,552 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,564 | €27,116 | +€2,552 | +10.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.