JDV T&T: what changed
JDV T&T
Largest movements
- Cash -€6,998
down €6,998 (-19.0%), from €36,738 to €29,740
mainly Investment in fixed assets (net) (-€24,339) and Net result for the year (-€6,998)
- Stocks and contracts +€4,687
new in 2025: €4,687
- Tangible fixed assets +€2,725
up €2,725 (+3.1%), from €87,438 to €90,163
of which Plant, machinery and equipment: +€3,427
- Other debts +€8,870
up €8,870 (+45.2%), from €19,604 to €28,474
- Reserves -€6,998
down €6,998 (-67.9%), from €10,301 to €3,303
- Debts after one year -€5,284
down €5,284 (-7.5%), from €70,695 to €65,411
- Current portion of long-term debt +€3,901
up €3,901 (+23.5%), from €16,627 to €20,527
- Tax, wage and social debts -€2,238
down €2,238 (-33.7%), from €6,636 to €4,397
of which Remuneration and social security: -€1,300
- Gross operating margin -€9,369
down €9,369 (-31.4%), from €29,883 to €20,514
- Depreciation +€3,119
up €3,119 (+16.9%), from €18,494 to €21,614
- Financial charges +€676
up €676 (+18.5%), from €3,656 to €4,332
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,204 | €137,424 | -€780 | -0.6% |
| Fixed assets | 21/28 | €87,672 | €90,397 | +€2,725 | +3.1% |
| Tangible fixed assets | 22/27 | €87,438 | €90,163 | +€2,725 | +3.1% |
| Plant, machinery and equipment | 23 | - | €3,427 | +€3,427 | |
| Furniture and vehicles | 24 | €897 | €204 | -€693 | -77.3% |
| Leasing and similar rights | 25 | €85,274 | €85,465 | +€192 | +0.2% |
| Other tangible fixed assets | 26 | €1,267 | €1,067 | -€200 | -15.8% |
| Financial fixed assets | 28 | €234 | €234 | = | 0.0% |
| Current assets | 29/58 | €50,532 | €47,027 | -€3,505 | -6.9% |
| Stocks and contracts in progress | 3 | - | €4,687 | +€4,687 | |
| Stocks | 30/36 | - | €4,687 | +€4,687 | |
| Amounts receivable within one year | 40/41 | €11,687 | €10,589 | -€1,098 | -9.4% |
| Trade receivables | 40 | €10,682 | €9,091 | -€1,591 | -14.9% |
| Other amounts receivable | 41 | €1,004 | €1,498 | +€493 | +49.1% |
| Cash at bank and in hand | 54/58 | €36,738 | €29,740 | -€6,998 | -19.0% |
| Deferred charges and accrued income | 490/1 | €2,107 | €2,011 | -€97 | -4.6% |
| Total equity and liabilities | 10/49 | €138,204 | €137,424 | -€780 | -0.6% |
| Equity | 10/15 | €16,501 | €9,503 | -€6,998 | -42.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,301 | €3,303 | -€6,998 | -67.9% |
| Distributable reserves | 133 | €10,301 | €3,303 | -€6,998 | -67.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €121,703 | €127,921 | +€6,218 | +5.1% |
| Amounts payable after more than one year | 17 | €70,695 | €65,411 | -€5,284 | -7.5% |
| Financial debts | 170/4 | €70,695 | €65,411 | -€5,284 | -7.5% |
| Amounts payable within one year | 42/48 | €51,008 | €62,510 | +€11,502 | +22.5% |
| Current portion of amounts payable after more than one year | 42 | €16,627 | €20,527 | +€3,901 | +23.5% |
| Trade debts | 44 | €8,142 | €9,112 | +€970 | +11.9% |
| Suppliers | 440/4 | €8,142 | €9,112 | +€970 | +11.9% |
| Taxes, remuneration and social security | 45 | €6,636 | €4,397 | -€2,238 | -33.7% |
| Taxes | 450/3 | €4,286 | €3,347 | -€938 | -21.9% |
| Remuneration and social security | 454/9 | €2,350 | €1,050 | -€1,300 | -55.3% |
| Other amounts payable | 47/48 | €19,604 | €28,474 | +€8,870 | +45.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,494 | €21,614 | +€3,119 | +16.9% |
| Other operating charges | 640/8 | €1,494 | €1,567 | +€73 | +4.9% |
| Gross operating margin | 9900 | €29,883 | €20,514 | -€9,369 | -31.4% |
| Operating profit (loss) | 9901 | €9,895 | -€2,666 | -€12,561 | |
| Financial income | 75/76B | €25 | €0 | -€25 | -100% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -100% |
| Financial charges | 65/66B | €3,656 | €4,332 | +€676 | +18.5% |
| Recurring financial charges | 65 | €3,656 | €4,332 | +€676 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €6,264 | -€6,998 | -€13,262 | |
| Profit (loss) for the period | 9904 | €6,264 | -€6,998 | -€13,262 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,264 | -€6,998 | -€13,262 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.