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JSD & CO: 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.

What changed

JSD & CO

BE 0639.898.706
NACE 49.410, Freight transport by road
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€883
2023 · €1,201-€319
Equity
€16,381
2023 · €15,499+€883
Cash
€345
2023 · €303+€42
Balance sheet total
€100,650
2023 · €122,526-€21,877

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€20,886

    down €20,886 (-36.5%), from €57,295 to €36,409

    of which Trade receivables: -€19,406

Equity and liabilities
  • Current portion of long-term debt -€14,681

    down €14,681 (-41.6%), from €35,301 to €20,620

  • Debts after one year -€13,652

    no longer reported in 2024 (was €13,652)

  • Other debts +€8,199

    up €8,199 (+847%), from €968 to €9,167

  • Trade debts -€3,339

    down €3,339 (-9.0%), from €37,124 to €33,785

Income statement
  • Gross operating margin -€55,141

    down €55,141 (-32.3%), from €170,644 to €115,503

  • Turnover -€39,185

    down €39,185 (-12.7%), from €308,298 to €269,113

  • Depreciation -€32,024

    down €32,024 (-59.8%), from €53,557 to €21,533

  • Financial income +€20,986

    up €20,986 (+2,119,754%), from €1 to €20,987

    of which Non-recurring financial income: +€20,919

  • Purchases and services +€15,957

    up €15,957 (+11.6%), from €137,654 to €153,611

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €1,201
Gross operating margin -€55,141
Staff costs +€2,717
Depreciation +€32,024
Other operating charges -€5,148
Financial income +€20,986
Financial charges +€56
Taxes +€4,188
Result 2024 €883
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€48,875
Investment -€20,500
Financing -€28,333
Cash 2023 €303
Net result for the year +€883
Depreciation +€21,533
Receivables within one year +€20,886
Trade debts -€3,339
Tax, wage and social debts +€713
Other debts +€8,199
Investment in fixed assets (net) -€20,500
Debts after one year -€13,652
Current portion of long-term debt -€14,681
Cash 2024 €345
brings cash intakes cash out
Every line side by side 45 lines
Line Code 2023 2024 Change %
Total assets 20/58 €122,526 €100,650 -€21,877 -17.9%
Fixed assets 21/28 €64,928 €63,895 -€1,033 -1.6%
Tangible fixed assets 22/27 €50,928 €49,895 -€1,033 -2.0%
Furniture and vehicles 24 €2,091 €920 -€1,171 -56.0%
Leasing and similar rights 25 €48,837 €48,975 +€138 +0.3%
Financial fixed assets 28 €14,000 €14,000 = 0.0%
Current assets 29/58 €57,598 €36,754 -€20,844 -36.2%
Amounts receivable within one year 40/41 €57,295 €36,409 -€20,886 -36.5%
Trade receivables 40 €55,815 €36,409 -€19,406 -34.8%
Other amounts receivable 41 €1,480 - -€1,480
Cash at bank and in hand 54/58 €303 €345 +€42 +14.0%
Total equity and liabilities 10/49 €122,526 €100,650 -€21,877 -17.9%
Equity 10/15 €15,499 €16,381 +€883 +5.7%
Contributions 10/11 €6,200 €6,200 = 0.0%
Contributions outside capital 11 €6,200 €6,200 = 0.0%
Share premium 1100/10 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 €9,299 €10,181 +€883 +9.5%
Amounts payable 17/49 €107,028 €84,268 -€22,759 -21.3%
Amounts payable after more than one year 17 €13,652 - -€13,652
Financial debts 170/4 €13,652 - -€13,652
Amounts payable within one year 42/48 €93,376 €84,268 -€9,108 -9.8%
Current portion of amounts payable after more than one year 42 €35,301 €20,620 -€14,681 -41.6%
Trade debts 44 €37,124 €33,785 -€3,339 -9.0%
Suppliers 440/4 €37,124 €33,785 -€3,339 -9.0%
Taxes, remuneration and social security 45 €19,983 €20,696 +€713 +3.6%
Taxes 450/3 €2,270 €10,423 +€8,153 +359%
Remuneration and social security 454/9 €17,713 €10,273 -€7,440 -42.0%
Other amounts payable 47/48 €968 €9,167 +€8,199 +847%
Turnover 70 €308,298 €269,113 -€39,185 -12.7%
Goods, raw materials, services and sundry goods 60/61 €137,654 €153,611 +€15,957 +11.6%
Remuneration, social security and pensions 62 €79,021 €76,303 -€2,717 -3.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €53,557 €21,533 -€32,024 -59.8%
Other operating charges 640/8 €29,303 €34,452 +€5,148 +17.6%
Gross operating margin 9900 €170,644 €115,503 -€55,141 -32.3%
Operating profit (loss) 9901 €8,763 -€16,786 -€25,549
Financial income 75/76B €1 €20,987 +€20,986 +2,119,754%
Recurring financial income 75 €1 €67 +€66 +6,664%
Non-recurring financial income 76B €1 €20,920 +€20,919 +2,112,990%
Financial charges 65/66B €3,375 €3,318 -€56 -1.7%
Recurring financial charges 65 €2,768 €3,049 +€281 +10.1%
Non-recurring financial charges 66B €606 €269 -€337 -55.6%
Profit (loss) for the period before taxes 9903 €5,390 €883 -€4,507 -83.6%
Income taxes 67/77 €4,188 - -€4,188
Profit (loss) for the period 9904 €1,201 €883 -€319 -26.5%
Profit (loss) for the period to be appropriated 9905 €1,201 €883 -€319 -26.5%

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.