JDS PROJECTS: 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 PROJECTS
Largest movements
- Receivables within one year +€5,044
up €5,044 (+141.8%), from €3,558 to €8,602
of which Trade receivables: +€5,512
- Tangible fixed assets -€3,396
down €3,396 (-100.0%), from €3,396 to €0
of which Furniture and vehicles: -€2,478
- Deferred charges and accrued income -€522
down €522 (-83.9%), from €623 to €100
- Intangible fixed assets -€475
down €475 (-100.0%), from €475 to €0
- Trade debts +€9,352
up €9,352 (+174.4%), from €5,361 to €14,713
- Tax, wage and social debts -€4,589
down €4,589 (-72.0%), from €6,377 to €1,788
- Debts after one year -€3,185
down €3,185 (-100.0%), from €3,185 to €0
- Current portion of long-term debt -€1,450
down €1,450 (-31.3%), from €4,635 to €3,185
- Other debts +€426
up €426 (+14.3%), from €2,972 to €3,398
- Depreciation -€5,074
down €5,074 (-78.5%), from €6,467 to €1,393
- Other operating charges -€1,376
down €1,376 (-57.0%), from €2,413 to €1,037
- Financial charges +€1,039
up €1,039 (+42.5%), from €2,444 to €3,483
- Taxes +€595
up €595 (+465.0%), from €128 to €723
- Gross operating margin +€361
up €361 (+5.6%), from €6,416 to €6,778
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,051 | €8,702 | +€650 | +8.1% |
| Fixed assets | 21/28 | €3,871 | €0 | -€3,871 | -100.0% |
| Intangible fixed assets | 21 | €475 | €0 | -€475 | -100.0% |
| Tangible fixed assets | 22/27 | €3,396 | €0 | -€3,396 | -100.0% |
| Plant, machinery and equipment | 23 | €918 | €0 | -€918 | -100.0% |
| Furniture and vehicles | 24 | €2,478 | €0 | -€2,478 | -100.0% |
| Current assets | 29/58 | €4,180 | €8,702 | +€4,522 | +108.2% |
| Amounts receivable within one year | 40/41 | €3,558 | €8,602 | +€5,044 | +141.8% |
| Trade receivables | 40 | €2,903 | €8,416 | +€5,512 | +189.9% |
| Other amounts receivable | 41 | €654 | €186 | -€468 | -71.6% |
| Deferred charges and accrued income | 490/1 | €623 | €100 | -€522 | -83.9% |
| Total equity and liabilities | 10/49 | €8,051 | €8,702 | +€650 | +8.1% |
| Equity | 10/15 | -€21,674 | -€21,654 | +€20 | +0.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,674 | -€24,654 | +€20 | +0.1% |
| Amounts payable | 17/49 | €29,725 | €30,355 | +€630 | +2.1% |
| Amounts payable after more than one year | 17 | €3,185 | €0 | -€3,185 | -100.0% |
| Financial debts | 170/4 | €3,185 | €0 | -€3,185 | -100.0% |
| Amounts payable within one year | 42/48 | €26,540 | €30,030 | +€3,490 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €4,635 | €3,185 | -€1,450 | -31.3% |
| Financial debts | 43 | €7,194 | €6,946 | -€248 | -3.5% |
| Credit institutions | 430/8 | €7,194 | €6,946 | -€248 | -3.5% |
| Trade debts | 44 | €5,361 | €14,713 | +€9,352 | +174.4% |
| Suppliers | 440/4 | €5,361 | €14,713 | +€9,352 | +174.4% |
| Taxes, remuneration and social security | 45 | €6,377 | €1,788 | -€4,589 | -72.0% |
| Taxes | 450/3 | €6,377 | €1,788 | -€4,589 | -72.0% |
| Other amounts payable | 47/48 | €2,972 | €3,398 | +€426 | +14.3% |
| Accrued charges and deferred income | 492/3 | - | €325 | +€325 | |
| Non-recurring operating income | 76A | - | €8,522 | +€8,522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,467 | €1,393 | -€5,074 | -78.5% |
| Other operating charges | 640/8 | €2,413 | €1,037 | -€1,376 | -57.0% |
| Non-recurring operating charges | 66A | - | €135 | +€135 | |
| Gross operating margin | 9900 | €6,416 | €6,778 | +€361 | +5.6% |
| Operating profit (loss) | 9901 | -€2,464 | €4,212 | +€6,676 | |
| Financial income | 75/76B | €6 | €14 | +€7 | +114.2% |
| Recurring financial income | 75 | €6 | €14 | +€7 | +114.2% |
| Financial charges | 65/66B | €2,444 | €3,483 | +€1,039 | +42.5% |
| Recurring financial charges | 65 | €2,444 | €3,483 | +€1,039 | +42.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,901 | €743 | +€5,644 | |
| Income taxes | 67/77 | €128 | €723 | +€595 | +465.0% |
| Profit (loss) for the period | 9904 | -€5,029 | €20 | +€5,049 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,029 | €20 | +€5,049 |
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 10 October 2026 via checked.be.