JRDN PROJECTS: 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.
JRDN PROJECTS
Largest movements
- Cash -€8,175
down €8,175 (-11.5%), from €71,344 to €63,169
mainly Contributions, distributions and other (-€100,743) and Receivables within one year (-€2,606)
- Tangible fixed assets -€4,554
down €4,554 (-27.7%), from €16,456 to €11,902
of which Furniture and vehicles: -€2,575
- Receivables within one year +€2,606
up €2,606 (+6.3%), from €41,121 to €43,727
of which Other amounts receivable: +€1,492
- Reserves -€35,743
no longer reported in 2025 (was €35,743)
- Profit (loss) carried forward +€23,894
new in 2025: €23,894
- Other debts +€2,341
up €2,341 (+2.7%), from €88,010 to €90,351
- Gross operating margin +€5,906
up €5,906 (+5.2%), from €113,832 to €119,738
- Taxes +€1,792
up €1,792 (+7.7%), from €23,327 to €25,119
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 | €131,602 | €121,103 | -€10,499 | -8.0% |
| Fixed assets | 21/28 | €16,456 | €11,902 | -€4,554 | -27.7% |
| Tangible fixed assets | 22/27 | €16,456 | €11,902 | -€4,554 | -27.7% |
| Furniture and vehicles | 24 | €6,410 | €3,835 | -€2,575 | -40.2% |
| Leasing and similar rights | 25 | €646 | €93 | -€554 | -85.7% |
| Other tangible fixed assets | 26 | €9,400 | €7,975 | -€1,425 | -15.2% |
| Current assets | 29/58 | €115,146 | €109,201 | -€5,946 | -5.2% |
| Amounts receivable within one year | 40/41 | €41,121 | €43,727 | +€2,606 | +6.3% |
| Trade receivables | 40 | €40,431 | €41,546 | +€1,114 | +2.8% |
| Other amounts receivable | 41 | €689 | €2,181 | +€1,492 | +216.5% |
| Cash at bank and in hand | 54/58 | €71,344 | €63,169 | -€8,175 | -11.5% |
| Deferred charges and accrued income | 490/1 | €2,682 | €2,304 | -€377 | -14.1% |
| Total equity and liabilities | 10/49 | €131,602 | €121,103 | -€10,499 | -8.0% |
| Equity | 10/15 | €38,243 | €26,394 | -€11,849 | -31.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €35,743 | - | -€35,743 | |
| Distributable reserves | 133 | €35,743 | - | -€35,743 | |
| Profit (loss) carried forward | 14 | - | €23,894 | +€23,894 | |
| Amounts payable | 17/49 | €93,360 | €94,709 | +€1,350 | +1.4% |
| Amounts payable within one year | 42/48 | €92,895 | €94,391 | +€1,496 | +1.6% |
| Trade debts | 44 | €1,165 | €408 | -€756 | -65.0% |
| Suppliers | 440/4 | €1,165 | €408 | -€756 | -65.0% |
| Taxes, remuneration and social security | 45 | €3,720 | €3,632 | -€89 | -2.4% |
| Taxes | 450/3 | €3,720 | €3,632 | -€89 | -2.4% |
| Other amounts payable | 47/48 | €88,010 | €90,351 | +€2,341 | +2.7% |
| Accrued charges and deferred income | 492/3 | €465 | €319 | -€146 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,952 | €4,554 | -€398 | -8.0% |
| Other operating charges | 640/8 | €670 | €803 | +€132 | +19.8% |
| Non-recurring operating charges | 66A | €1,169 | - | -€1,169 | |
| Gross operating margin | 9900 | €113,832 | €119,738 | +€5,906 | +5.2% |
| Operating profit (loss) | 9901 | €107,040 | €114,381 | +€7,341 | +6.9% |
| Financial income | 75/76B | €0 | €16 | +€16 | +40525.0% |
| Recurring financial income | 75 | €0 | €16 | +€16 | +40525.0% |
| Financial charges | 65/66B | €568 | €385 | -€183 | -32.3% |
| Recurring financial charges | 65 | €568 | €385 | -€183 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €106,472 | €114,013 | +€7,541 | +7.1% |
| Income taxes | 67/77 | €23,327 | €25,119 | +€1,792 | +7.7% |
| Profit (loss) for the period | 9904 | €83,145 | €88,894 | +€5,749 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €83,145 | €88,894 | +€5,749 | +6.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.