JRD CONCEPT: 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.
JRD CONCEPT
Largest movements
- Receivables within one year +€9,519
up €9,519 (+262%), from €3,635 to €13,154
of which Trade receivables: +€8,332
- Cash -€7,009
down €7,009 (-64.1%), from €10,934 to €3,925
mainly Receivables within one year (-€9,519) and Net result for the year (-€820)
- Trade debts +€2,156
up €2,156 (+73.1%), from €2,950 to €5,107
- Profit (loss) carried forward -€820
down €820 (-15.9%), from €5,164 to €4,344
- Tax, wage and social debts +€784
up €784 (+37.8%), from €2,071 to €2,855
of which Remuneration and social security: +€1,491
- Other debts +€205
up €205 (+5.5%), from €3,759 to €3,964
- Staff costs +€6,176
new in 2025: €6,176
- Taxes -€1,364
no longer reported in 2025 (was €1,364)
- Gross operating margin -€1,159
down €1,159 (-16.8%), from €6,893 to €5,734
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 | €14,944 | €17,270 | +€2,325 | +15.6% |
| Fixed assets | 21/28 | €232 | €184 | -€48 | -20.7% |
| Intangible fixed assets | 21 | €232 | €184 | -€48 | -20.7% |
| Current assets | 29/58 | €14,712 | €17,086 | +€2,373 | +16.1% |
| Amounts receivable within one year | 40/41 | €3,635 | €13,154 | +€9,519 | +262% |
| Trade receivables | 40 | €3,635 | €11,967 | +€8,332 | +229% |
| Other amounts receivable | 41 | - | €1,188 | +€1,188 | |
| Cash at bank and in hand | 54/58 | €10,934 | €3,925 | -€7,009 | -64.1% |
| Deferred charges and accrued income | 490/1 | €144 | €6 | -€137 | -95.5% |
| Total equity and liabilities | 10/49 | €14,944 | €17,270 | +€2,325 | +15.6% |
| Equity | 10/15 | €6,164 | €5,344 | -€820 | -13.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,164 | €4,344 | -€820 | -15.9% |
| Amounts payable | 17/49 | €8,781 | €11,926 | +€3,145 | +35.8% |
| Amounts payable within one year | 42/48 | €8,781 | €11,926 | +€3,145 | +35.8% |
| Trade debts | 44 | €2,950 | €5,107 | +€2,156 | +73.1% |
| Suppliers | 440/4 | €2,950 | €5,107 | +€2,156 | +73.1% |
| Taxes, remuneration and social security | 45 | €2,071 | €2,855 | +€784 | +37.8% |
| Taxes | 450/3 | €2,071 | €1,364 | -€708 | -34.2% |
| Remuneration and social security | 454/9 | - | €1,491 | +€1,491 | |
| Other amounts payable | 47/48 | €3,759 | €3,964 | +€205 | +5.5% |
| Remuneration, social security and pensions | 62 | - | €6,176 | +€6,176 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8 | €48 | +€40 | +500% |
| Other operating charges | 640/8 | €194 | €189 | -€4 | -2.2% |
| Gross operating margin | 9900 | €6,893 | €5,734 | -€1,159 | -16.8% |
| Operating profit (loss) | 9901 | €6,692 | -€679 | -€7,370 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €164 | €141 | -€23 | -14.2% |
| Recurring financial charges | 65 | €164 | €141 | -€23 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €6,527 | -€820 | -€7,347 | |
| Income taxes | 67/77 | €1,364 | - | -€1,364 | |
| Profit (loss) for the period | 9904 | €5,164 | -€820 | -€5,983 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,164 | -€820 | -€5,983 |
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 15 October 2026 via checked.be.