YDE & JDB: 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.
YDE & JDB
Largest movements
- Receivables within one year +€176,081
up €176,081, from €0 to €176,081
- Cash -€22,651
down €22,651 (-97.8%), from €23,155 to €503
mainly Contributions, distributions and other (-€620,219) and Receivables within one year (-€176,081)
- Profit (loss) carried forward -€620,219
down €620,219 (-100%), from €620,219 to €0
- Other debts +€569,783
up €569,783 (+430%), from €132,589 to €702,372
- Reserves +€303,356
up €303,356 (+164%), from €184,652 to €488,008
- Debts after one year -€110,000
down €110,000 (-19.7%), from €559,167 to €449,167
- Financial income +€127,502
up €127,502 (+255%), from €50,000 to €177,502
- Taxes +€12,753
up €12,753 (+19.8%), from €64,560 to €77,313
- Financial charges -€3,081
down €3,081 (-25.0%), from €12,328 to €9,247
- Gross operating margin +€2,406
up €2,406 (+1.1%), from €214,729 to €217,135
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 | €1,645,053 | €1,795,598 | +€150,545 | +9.2% |
| Fixed assets | 21/28 | €1,448,081 | €1,444,152 | -€3,929 | -0.3% |
| Tangible fixed assets | 22/27 | €8,056 | €4,126 | -€3,929 | -48.8% |
| Land and buildings | 22 | €2,663 | €2,604 | -€59 | -2.2% |
| Plant, machinery and equipment | 23 | €340 | €124 | -€216 | -63.5% |
| Furniture and vehicles | 24 | €5,053 | €1,399 | -€3,654 | -72.3% |
| Financial fixed assets | 28 | €1,440,025 | €1,440,025 | = | 0.0% |
| Current assets | 29/58 | €196,972 | €351,446 | +€154,474 | +78.4% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Other amounts receivable | 291 | €125,000 | €125,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €0 | €176,081 | +€176,081 | |
| Other amounts receivable | 41 | €0 | €176,081 | +€176,081 | |
| Cash at bank and in hand | 54/58 | €23,155 | €503 | -€22,651 | -97.8% |
| Deferred charges and accrued income | 490/1 | €48,817 | €49,862 | +€1,045 | +2.1% |
| Total equity and liabilities | 10/49 | €1,645,053 | €1,795,598 | +€150,545 | +9.2% |
| Equity | 10/15 | €823,471 | €506,608 | -€316,863 | -38.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €184,652 | €488,008 | +€303,356 | +164% |
| Distributable reserves | 133 | €184,652 | €488,008 | +€303,356 | +164% |
| Profit (loss) carried forward | 14 | €620,219 | €0 | -€620,219 | -100% |
| Amounts payable | 17/49 | €821,582 | €1,288,990 | +€467,408 | +56.9% |
| Amounts payable after more than one year | 17 | €559,167 | €449,167 | -€110,000 | -19.7% |
| Financial debts | 170/4 | €559,167 | €449,167 | -€110,000 | -19.7% |
| Amounts payable within one year | 42/48 | €262,415 | €839,823 | +€577,408 | +220% |
| Current portion of amounts payable after more than one year | 42 | €110,000 | €110,000 | = | 0.0% |
| Trade debts | 44 | €266 | €139 | -€128 | -48.0% |
| Suppliers | 440/4 | €266 | €139 | -€128 | -48.0% |
| Taxes, remuneration and social security | 45 | €19,560 | €27,313 | +€7,753 | +39.6% |
| Taxes | 450/3 | €19,560 | €27,313 | +€7,753 | +39.6% |
| Other amounts payable | 47/48 | €132,589 | €702,372 | +€569,783 | +430% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,876 | €3,929 | +€53 | +1.4% |
| Other operating charges | 640/8 | €1,173 | €792 | -€381 | -32.5% |
| Gross operating margin | 9900 | €214,729 | €217,135 | +€2,406 | +1.1% |
| Operating profit (loss) | 9901 | €209,680 | €212,413 | +€2,734 | +1.3% |
| Financial income | 75/76B | €50,000 | €177,502 | +€127,502 | +255% |
| Recurring financial income | 75 | €50,000 | €177,502 | +€127,502 | +255% |
| Financial charges | 65/66B | €12,328 | €9,247 | -€3,081 | -25.0% |
| Recurring financial charges | 65 | €12,328 | €9,247 | -€3,081 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €247,352 | €380,668 | +€133,317 | +53.9% |
| Income taxes | 67/77 | €64,560 | €77,313 | +€12,753 | +19.8% |
| Profit (loss) for the period | 9904 | €182,792 | €303,356 | +€120,564 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €182,792 | €303,356 | +€120,564 | +66.0% |
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 17 October 2026 via checked.be.