JPD Holding: 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.
JPD Holding
Largest movements
- Current investments -€22,152
down €22,152 (-3.0%), from €736,521 to €714,369
- Tangible fixed assets -€14,261
down €14,261 (-10.9%), from €130,738 to €116,477
of which Furniture and vehicles: -€13,760
- Profit (loss) carried forward -€32,575
down €32,575 (-8.9%), from €365,716 to €333,141
- Financial income +€32,729
up €32,729 (+3,594%), from €911 to €33,640
- Gross operating margin -€3,596
down €3,596 (-10.7%), from -€33,666 to -€37,262
- Financial charges +€2,622
up €2,622 (+26.2%), from €10,003 to €12,624
- Depreciation -€616
down €616 (-4.1%), from €14,876 to €14,261
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €987,937 | €955,585 | -€32,352 | -3.3% |
| Fixed assets | 21/28 | €130,738 | €116,477 | -€14,261 | -10.9% |
| Tangible fixed assets | 22/27 | €130,738 | €116,477 | -€14,261 | -10.9% |
| Land and buildings | 22 | €115,000 | €115,000 | = | 0.0% |
| Furniture and vehicles | 24 | €13,760 | €0 | -€13,760 | -100% |
| Other tangible fixed assets | 26 | €1,978 | €1,477 | -€501 | -25.3% |
| Current assets | 29/58 | €857,199 | €839,107 | -€18,092 | -2.1% |
| Amounts receivable within one year | 40/41 | €1,830 | €1,176 | -€654 | -35.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,830 | €1,176 | -€654 | -35.7% |
| Current investments | 50/53 | €736,521 | €714,369 | -€22,152 | -3.0% |
| Cash at bank and in hand | 54/58 | €116,689 | €121,388 | +€4,699 | +4.0% |
| Deferred charges and accrued income | 490/1 | €2,159 | €2,173 | +€15 | +0.7% |
| Total equity and liabilities | 10/49 | €987,937 | €955,585 | -€32,352 | -3.3% |
| Equity | 10/15 | €866,121 | €833,546 | -€32,575 | -3.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €481,855 | €481,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €481,855 | €481,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €365,716 | €333,141 | -€32,575 | -8.9% |
| Amounts payable | 17/49 | €121,816 | €122,038 | +€223 | +0.2% |
| Amounts payable within one year | 42/48 | €121,236 | €122,038 | +€803 | +0.7% |
| Trade debts | 44 | €5,124 | €2,640 | -€2,483 | -48.5% |
| Suppliers | 440/4 | €5,124 | €2,640 | -€2,483 | -48.5% |
| Taxes, remuneration and social security | 45 | €3,822 | €5,352 | +€1,530 | +40.0% |
| Taxes | 450/3 | €3,396 | €4,444 | +€1,048 | +30.8% |
| Remuneration and social security | 454/9 | €426 | €908 | +€482 | +113% |
| Other amounts payable | 47/48 | €112,290 | €114,046 | +€1,756 | +1.6% |
| Accrued charges and deferred income | 492/3 | €580 | €0 | -€580 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,876 | €14,261 | -€616 | -4.1% |
| Other operating charges | 640/8 | €1,354 | €1,557 | +€203 | +15.0% |
| Gross operating margin | 9900 | -€33,666 | -€37,262 | -€3,596 | -10.7% |
| Operating profit (loss) | 9901 | -€49,897 | -€53,080 | -€3,183 | -6.4% |
| Financial income | 75/76B | €911 | €33,640 | +€32,729 | +3,594% |
| Recurring financial income | 75 | €911 | €33,640 | +€32,729 | +3,594% |
| Financial charges | 65/66B | €10,003 | €12,624 | +€2,622 | +26.2% |
| Recurring financial charges | 65 | €10,003 | €12,624 | +€2,622 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | -€58,989 | -€32,064 | +€26,925 | +45.6% |
| Income taxes | 67/77 | €348 | €511 | +€162 | +46.5% |
| Profit (loss) for the period | 9904 | -€59,337 | -€32,575 | +€26,763 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,337 | -€32,575 | +€26,763 | +45.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.