JIDS: 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.
JIDS
Largest movements
- Receivables within one year +€206,802
up €206,802 (+80.0%), from €258,619 to €465,421
of which Trade receivables: +€203,025
- Cash -€167,161
down €167,161 (-92.1%), from €181,483 to €14,322
mainly Receivables within one year (-€206,802) and Investment in fixed assets (net) (-€27,762)
- Stocks and contracts -€37,910
down €37,910 (-27.1%), from €139,872 to €101,962
- Reserves +€55,451
up €55,451 (+42.7%), from €129,938 to €185,389
of which Distributable reserves: +€55,451
- Trade debts -€23,785
down €23,785 (-20.0%), from €119,220 to €95,435
- Debts after one year -€12,853
down €12,853 (-46.8%), from €27,465 to €14,611
- Gross operating margin -€87,808
down €87,808 (-23.7%), from €370,105 to €282,296
- Taxes -€26,803
down €26,803 (-46.1%), from €58,165 to €31,362
- Financial income +€12,296
up €12,296 (+423.5%), from €2,904 to €15,200
- Staff costs +€10,804
up €10,804 (+6.7%), from €160,463 to €171,267
- Financial charges -€5,218
down €5,218 (-42.3%), from €12,350 to €7,132
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 | €665,059 | €676,205 | +€11,146 | +1.7% |
| Fixed assets | 21/28 | €81,224 | €86,989 | +€5,765 | +7.1% |
| Tangible fixed assets | 22/27 | €78,944 | €84,709 | +€5,765 | +7.3% |
| Plant, machinery and equipment | 23 | €721 | €2,537 | +€1,816 | +251.7% |
| Furniture and vehicles | 24 | €63,212 | €69,112 | +€5,900 | +9.3% |
| Other tangible fixed assets | 26 | €15,011 | €13,060 | -€1,951 | -13.0% |
| Financial fixed assets | 28 | €2,280 | €2,280 | = | 0.0% |
| Current assets | 29/58 | €583,835 | €589,216 | +€5,381 | +0.9% |
| Stocks and contracts in progress | 3 | €139,872 | €101,962 | -€37,910 | -27.1% |
| Stocks | 30/36 | €139,872 | €101,962 | -€37,910 | -27.1% |
| Amounts receivable within one year | 40/41 | €258,619 | €465,421 | +€206,802 | +80.0% |
| Trade receivables | 40 | €257,825 | €460,850 | +€203,025 | +78.7% |
| Other amounts receivable | 41 | €794 | €4,572 | +€3,778 | +475.7% |
| Cash at bank and in hand | 54/58 | €181,483 | €14,322 | -€167,161 | -92.1% |
| Deferred charges and accrued income | 490/1 | €3,862 | €7,511 | +€3,649 | +94.5% |
| Total equity and liabilities | 10/49 | €665,059 | €676,205 | +€11,146 | +1.7% |
| Equity | 10/15 | €427,158 | €482,609 | +€55,451 | +13.0% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €129,938 | €185,389 | +€55,451 | +42.7% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Distributable reserves | 133 | €117,538 | €172,989 | +€55,451 | +47.2% |
| Profit (loss) carried forward | 14 | €173,219 | €173,219 | = | 0.0% |
| Amounts payable | 17/49 | €237,901 | €193,596 | -€44,305 | -18.6% |
| Amounts payable after more than one year | 17 | €27,465 | €14,611 | -€12,853 | -46.8% |
| Financial debts | 170/4 | €27,465 | €14,611 | -€12,853 | -46.8% |
| Amounts payable within one year | 42/48 | €210,437 | €178,985 | -€31,452 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €12,184 | €12,455 | +€272 | +2.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €119,220 | €95,435 | -€23,785 | -20.0% |
| Suppliers | 440/4 | €119,220 | €95,435 | -€23,785 | -20.0% |
| Taxes, remuneration and social security | 45 | €61,269 | €57,597 | -€3,672 | -6.0% |
| Taxes | 450/3 | €31,978 | €36,735 | +€4,757 | +14.9% |
| Remuneration and social security | 454/9 | €29,290 | €20,861 | -€8,429 | -28.8% |
| Other amounts payable | 47/48 | €17,765 | €13,499 | -€4,266 | -24.0% |
| Non-recurring operating income | 76A | €5,000 | €0 | -€5,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €160,463 | €171,267 | +€10,804 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,290 | €21,997 | +€2,707 | +14.0% |
| Other operating charges | 640/8 | €5,202 | €4,078 | -€1,125 | -21.6% |
| Non-recurring operating charges | 66A | - | €6,209 | +€6,209 | |
| Gross operating margin | 9900 | €370,105 | €282,296 | -€87,808 | -23.7% |
| Operating profit (loss) | 9901 | €185,150 | €78,746 | -€106,404 | -57.5% |
| Financial income | 75/76B | €2,904 | €15,200 | +€12,296 | +423.5% |
| Recurring financial income | 75 | €2,904 | €15,200 | +€12,296 | +423.5% |
| Financial charges | 65/66B | €12,350 | €7,132 | -€5,218 | -42.3% |
| Recurring financial charges | 65 | €12,350 | €7,132 | -€5,218 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | €175,703 | €86,813 | -€88,890 | -50.6% |
| Income taxes | 67/77 | €58,165 | €31,362 | -€26,803 | -46.1% |
| Profit (loss) for the period | 9904 | €117,538 | €55,451 | -€62,087 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €117,538 | €55,451 | -€62,087 | -52.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.