JHD TRADING: 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.
JHD TRADING
Largest movements
- Cash -€1,501
down €1,501 (-89.7%), from €1,674 to €173
mainly Advances received (-€9,938) and Net result for the year (-€2,922)
- Receivables within one year -€941
down €941 (-14.0%), from €6,720 to €5,778
of which Trade receivables: -€743
- Tangible fixed assets -€691
down €691 (-31.0%), from €2,233 to €1,542
of which Furniture and vehicles: -€556
- Deferred charges and accrued income -€134
down €134 (-24.2%), from €552 to €418
- Advances received -€9,938
no longer reported in 2025 (was €9,938)
- Other debts +€9,938
new in 2025: €9,938
- Profit (loss) carried forward -€2,922
down €2,922 (-40.4%), from -€7,240 to -€10,162
- Trade debts -€250
no longer reported in 2025 (was €250)
- Financial charges -€3,944
down €3,944 (-95.9%), from €4,115 to €170
- Depreciation -€731
down €731 (-51.4%), from €1,422 to €691
- Gross operating margin -€167
down €167 (-13.5%), from -€1,232 to -€1,398
- Other operating charges -€97
down €97 (-14.2%), from €680 to €583
- Taxes -€92
down €92 (-53.8%), from €171 to €79
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 | €11,178 | €7,911 | -€3,267 | -29.2% |
| Fixed assets | 21/28 | €2,233 | €1,542 | -€691 | -31.0% |
| Tangible fixed assets | 22/27 | €2,233 | €1,542 | -€691 | -31.0% |
| Furniture and vehicles | 24 | €1,245 | €688 | -€556 | -44.7% |
| Other tangible fixed assets | 26 | €989 | €854 | -€135 | -13.6% |
| Current assets | 29/58 | €8,945 | €6,369 | -€2,576 | -28.8% |
| Amounts receivable within one year | 40/41 | €6,720 | €5,778 | -€941 | -14.0% |
| Trade receivables | 40 | €743 | - | -€743 | |
| Other amounts receivable | 41 | €5,977 | €5,778 | -€199 | -3.3% |
| Cash at bank and in hand | 54/58 | €1,674 | €173 | -€1,501 | -89.7% |
| Deferred charges and accrued income | 490/1 | €552 | €418 | -€134 | -24.2% |
| Total equity and liabilities | 10/49 | €11,178 | €7,911 | -€3,267 | -29.2% |
| Equity | 10/15 | €820 | -€2,102 | -€2,922 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,240 | -€10,162 | -€2,922 | -40.4% |
| Amounts payable | 17/49 | €10,359 | €10,013 | -€346 | -3.3% |
| Amounts payable within one year | 42/48 | €10,359 | €10,013 | -€346 | -3.3% |
| Trade debts | 44 | €250 | - | -€250 | |
| Suppliers | 440/4 | €250 | - | -€250 | |
| Advances received on contracts in progress | 46 | €9,938 | - | -€9,938 | |
| Taxes, remuneration and social security | 45 | €170 | €75 | -€96 | -56.1% |
| Taxes | 450/3 | €170 | €75 | -€96 | -56.1% |
| Other amounts payable | 47/48 | - | €9,938 | +€9,938 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,422 | €691 | -€731 | -51.4% |
| Other operating charges | 640/8 | €680 | €583 | -€97 | -14.2% |
| Gross operating margin | 9900 | -€1,232 | -€1,398 | -€167 | -13.5% |
| Operating profit (loss) | 9901 | -€3,333 | -€2,673 | +€660 | +19.8% |
| Financial charges | 65/66B | €4,115 | €170 | -€3,944 | -95.9% |
| Recurring financial charges | 65 | €4,115 | €170 | -€3,944 | -95.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,448 | -€2,843 | +€4,605 | +61.8% |
| Income taxes | 67/77 | €171 | €79 | -€92 | -53.8% |
| Profit (loss) for the period | 9904 | -€7,619 | -€2,922 | +€4,697 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,619 | -€2,922 | +€4,697 | +61.6% |
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 13 October 2026 via checked.be.