JDV 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.
JDV PROJECTS
Largest movements
- Stocks and contracts +€316,861
new in 2025: €316,861
- Intangible fixed assets +€101,450
new in 2025: €101,450
- Tangible fixed assets +€43,359
new in 2025: €43,359
of which Plant, machinery and equipment: +€30,000
- Cash +€16,602
up €16,602 (+1049.6%), from €1,582 to €18,184
mainly Debts after one year (+€140,963) and Net result for the year (+€129,601)
- Receivables within one year +€9,518
up €9,518 (+240.7%), from €3,954 to €13,472
of which Trade receivables: +€6,738
- Debts after one year +€140,963
new in 2025: €140,963
- Reserves +€100,000
new in 2025: €100,000
- Tax, wage and social debts +€94,709
up €94,709 (+78865.3%), from €120 to €94,829
of which Taxes: +€70,169
- Trade debts +€81,149
up €81,149 (+917.5%), from €8,845 to €89,994
- Current portion of long-term debt +€41,023
new in 2025: €41,023
- Gross operating margin +€377,472
up €377,472, from -€8,558 to €368,914
- Staff costs +€131,396
new in 2025: €131,396
- Taxes +€47,823
new in 2025: €47,823
- Depreciation +€36,630
up €36,630 (+12174.1%), from €301 to €36,930
- Financial charges +€13,622
up €13,622 (+31307.4%), from €44 to €13,665
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
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 | €6,565 | €505,307 | +€498,743 | +7597.3% |
| Formation expenses | 20 | €969 | €668 | -€301 | -31.1% |
| Fixed assets | 21/28 | - | €149,309 | +€149,309 | |
| Intangible fixed assets | 21 | - | €101,450 | +€101,450 | |
| Tangible fixed assets | 22/27 | - | €43,359 | +€43,359 | |
| Plant, machinery and equipment | 23 | - | €30,000 | +€30,000 | |
| Other tangible fixed assets | 26 | - | €13,359 | +€13,359 | |
| Financial fixed assets | 28 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €5,596 | €355,331 | +€349,735 | +6249.7% |
| Stocks and contracts in progress | 3 | - | €316,861 | +€316,861 | |
| Stocks | 30/36 | - | €316,861 | +€316,861 | |
| Amounts receivable within one year | 40/41 | €3,954 | €13,472 | +€9,518 | +240.7% |
| Trade receivables | 40 | - | €6,738 | +€6,738 | |
| Other amounts receivable | 41 | €3,954 | €6,734 | +€2,780 | +70.3% |
| Cash at bank and in hand | 54/58 | €1,582 | €18,184 | +€16,602 | +1049.6% |
| Deferred charges and accrued income | 490/1 | €60 | €6,814 | +€6,754 | +11256.6% |
| Total equity and liabilities | 10/49 | €6,565 | €505,307 | +€498,743 | +7597.3% |
| Equity | 10/15 | -€6,707 | €122,894 | +€129,601 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €100,000 | +€100,000 | |
| Distributable reserves | 133 | - | €100,000 | +€100,000 | |
| Profit (loss) carried forward | 14 | -€9,707 | €19,894 | +€29,601 | |
| Amounts payable | 17/49 | €13,272 | €382,413 | +€369,141 | +2781.3% |
| Amounts payable after more than one year | 17 | - | €140,963 | +€140,963 | |
| Financial debts | 170/4 | - | €140,963 | +€140,963 | |
| Amounts payable within one year | 42/48 | €13,272 | €241,450 | +€228,178 | +1719.2% |
| Current portion of amounts payable after more than one year | 42 | - | €41,023 | +€41,023 | |
| Trade debts | 44 | €8,845 | €89,994 | +€81,149 | +917.5% |
| Suppliers | 440/4 | €8,845 | €89,994 | +€81,149 | +917.5% |
| Taxes, remuneration and social security | 45 | €120 | €94,829 | +€94,709 | +78865.3% |
| Taxes | 450/3 | €120 | €70,289 | +€70,169 | +58430.5% |
| Remuneration and social security | 454/9 | - | €24,540 | +€24,540 | |
| Other amounts payable | 47/48 | €4,307 | €15,603 | +€11,296 | +262.3% |
| Remuneration, social security and pensions | 62 | - | €131,396 | +€131,396 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301 | €36,930 | +€36,630 | +12174.1% |
| Other operating charges | 640/8 | €685 | €9,509 | +€8,824 | +1288.4% |
| Gross operating margin | 9900 | -€8,558 | €368,914 | +€377,472 | |
| Operating profit (loss) | 9901 | -€9,544 | €191,078 | +€200,622 | |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €44 | €13,665 | +€13,622 | +31307.4% |
| Recurring financial charges | 65 | €44 | €13,665 | +€13,622 | +31307.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,588 | €177,425 | +€187,012 | |
| Income taxes | 67/77 | - | €47,823 | +€47,823 | |
| Profit (loss) for the period | 9904 | -€9,588 | €129,601 | +€139,189 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,588 | €129,601 | +€139,189 |
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 9 October 2026 via checked.be.