JLD: what changed
Two fiscal 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.
JLD
Largest movements
- Cash +€127,520
up €127,520 (+1492.6%), from €8,543 to €136,063
mainly Trade debts (+€85,751) and Current investments (+€77,553)
- Current investments -€77,553
down €77,553 (-92.7%), from €83,664 to €6,111
- Receivables within one year +€30,680
up €30,680 (+33.4%), from €91,719 to €122,399
of which Other amounts receivable: +€16,901
- Tangible fixed assets -€7,106
down €7,106 (-27.5%), from €25,811 to €18,705
of which Furniture and vehicles: -€7,106
- Trade debts +€85,751
up €85,751 (+2976.4%), from €2,881 to €88,632
- Other debts -€13,075
down €13,075 (-8.2%), from €159,072 to €145,997
- Accrued charges and deferred income +€6,749
up €6,749 (+148.2%), from €4,554 to €11,303
- Tax, wage and social debts -€4,606
down €4,606 (-100.0%), from €4,606 to €0
- Gross operating margin -€61,094
down €61,094 (-55.9%), from €109,284 to €48,190
- Financial charges +€12,197
up €12,197 (+254.2%), from €4,799 to €16,996
- Depreciation -€5,669
down €5,669 (-67.8%), from €8,357 to €2,687
- Taxes -€3,316
down €3,316 (-46.0%), from €7,211 to €3,895
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 | €270,556 | €345,648 | +€75,092 | +27.8% |
| Fixed assets | 21/28 | €83,257 | €76,151 | -€7,106 | -8.5% |
| Tangible fixed assets | 22/27 | €25,811 | €18,705 | -€7,106 | -27.5% |
| Furniture and vehicles | 24 | €12,047 | €4,941 | -€7,106 | -59.0% |
| Other tangible fixed assets | 26 | €13,764 | €13,764 | = | 0.0% |
| Financial fixed assets | 28 | €57,446 | €57,446 | = | 0.0% |
| Current assets | 29/58 | €187,299 | €269,497 | +€82,199 | +43.9% |
| Amounts receivable within one year | 40/41 | €91,719 | €122,399 | +€30,680 | +33.4% |
| Trade receivables | 40 | €90,573 | €104,352 | +€13,778 | +15.2% |
| Other amounts receivable | 41 | €1,146 | €18,047 | +€16,901 | +1475.1% |
| Current investments | 50/53 | €83,664 | €6,111 | -€77,553 | -92.7% |
| Cash at bank and in hand | 54/58 | €8,543 | €136,063 | +€127,520 | +1492.6% |
| Deferred charges and accrued income | 490/1 | €3,372 | €4,925 | +€1,553 | +46.0% |
| Total equity and liabilities | 10/49 | €270,556 | €345,648 | +€75,092 | +27.8% |
| Equity | 10/15 | €99,443 | €99,716 | +€274 | +0.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €80,893 | €81,166 | +€274 | +0.3% |
| Distributable reserves | 133 | €80,893 | €81,166 | +€274 | +0.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €171,113 | €245,932 | +€74,819 | +43.7% |
| Amounts payable within one year | 42/48 | €166,559 | €234,629 | +€68,069 | +40.9% |
| Trade debts | 44 | €2,881 | €88,632 | +€85,751 | +2976.4% |
| Suppliers | 440/4 | €2,881 | €88,632 | +€85,751 | +2976.4% |
| Taxes, remuneration and social security | 45 | €4,606 | €0 | -€4,606 | -100.0% |
| Taxes | 450/3 | €4,606 | €0 | -€4,606 | -100.0% |
| Other amounts payable | 47/48 | €159,072 | €145,997 | -€13,075 | -8.2% |
| Accrued charges and deferred income | 492/3 | €4,554 | €11,303 | +€6,749 | +148.2% |
| Non-recurring operating income | 76A | - | €7,081 | +€7,081 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,357 | €2,687 | -€5,669 | -67.8% |
| Other operating charges | 640/8 | €1,889 | €1,010 | -€879 | -46.5% |
| Gross operating margin | 9900 | €109,284 | €48,190 | -€61,094 | -55.9% |
| Operating profit (loss) | 9901 | €99,038 | €44,492 | -€54,546 | -55.1% |
| Financial income | 75/76B | €336 | €672 | +€335 | +99.7% |
| Recurring financial income | 75 | €336 | €672 | +€335 | +99.7% |
| Financial charges | 65/66B | €4,799 | €16,996 | +€12,197 | +254.2% |
| Recurring financial charges | 65 | €4,799 | €16,996 | +€12,197 | +254.2% |
| Profit (loss) for the period before taxes | 9903 | €94,576 | €28,168 | -€66,407 | -70.2% |
| Income taxes | 67/77 | €7,211 | €3,895 | -€3,316 | -46.0% |
| Profit (loss) for the period | 9904 | €87,364 | €24,274 | -€63,091 | -72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €87,364 | €24,274 | -€63,091 | -72.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.