JDFKH: 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.
JDFKH
Largest movements
- Cash -€21,025
down €21,025 (-56.3%), from €37,332 to €16,307
mainly Other debts (-€13,602) and Debts after one year (-€12,500)
- Tangible fixed assets -€1,381
down €1,381 (-2.0%), from €68,577 to €67,195
of which Furniture and vehicles: -€4,043
- Other debts -€13,602
down €13,602 (-26.1%), from €52,180 to €38,579
- Debts after one year -€12,500
no longer reported in 2025 (was €12,500)
- Reserves +€1,916
up €1,916 (+6.7%), from €28,707 to €30,623
of which Distributable reserves: +€1,916
- Gross operating margin -€10,448
down €10,448 (-46.2%), from €22,601 to €12,154
- Taxes -€2,499
down €2,499 (-63.4%), from €3,944 to €1,446
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 | €113,830 | €90,613 | -€23,217 | -20.4% |
| Fixed assets | 21/28 | €68,577 | €67,195 | -€1,381 | -2.0% |
| Tangible fixed assets | 22/27 | €68,577 | €67,195 | -€1,381 | -2.0% |
| Plant, machinery and equipment | 23 | €11,579 | €14,240 | +€2,661 | +23.0% |
| Furniture and vehicles | 24 | €56,998 | €52,955 | -€4,043 | -7.1% |
| Current assets | 29/58 | €45,253 | €23,417 | -€21,836 | -48.3% |
| Amounts receivable within one year | 40/41 | €4,836 | €4,110 | -€726 | -15.0% |
| Other amounts receivable | 41 | €4,836 | €4,110 | -€726 | -15.0% |
| Cash at bank and in hand | 54/58 | €37,332 | €16,307 | -€21,025 | -56.3% |
| Deferred charges and accrued income | 490/1 | €3,084 | €3,000 | -€84 | -2.7% |
| Total equity and liabilities | 10/49 | €113,830 | €90,613 | -€23,217 | -20.4% |
| Equity | 10/15 | €47,307 | €49,223 | +€1,916 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,707 | €30,623 | +€1,916 | +6.7% |
| Non-distributable reserves | 130/1 | €360 | €360 | = | 0.0% |
| Legal reserve | 130 | €360 | €360 | = | 0.0% |
| Distributable reserves | 133 | €28,347 | €30,263 | +€1,916 | +6.8% |
| Amounts payable | 17/49 | €66,523 | €41,390 | -€25,133 | -37.8% |
| Amounts payable after more than one year | 17 | €12,500 | - | -€12,500 | |
| Financial debts | 170/4 | €12,500 | - | -€12,500 | |
| Amounts payable within one year | 42/48 | €53,523 | €40,890 | -€12,633 | -23.6% |
| Trade debts | 44 | €214 | €1,163 | +€948 | +443.0% |
| Suppliers | 440/4 | €214 | €1,163 | +€948 | +443.0% |
| Taxes, remuneration and social security | 45 | €1,128 | €1,149 | +€21 | +1.8% |
| Taxes | 450/3 | €1,128 | €1,149 | +€21 | +1.8% |
| Other amounts payable | 47/48 | €52,180 | €38,579 | -€13,602 | -26.1% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Non-recurring operating income | 76A | - | €3,107 | +€3,107 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,819 | €6,861 | +€42 | +0.6% |
| Other operating charges | 640/8 | €1,776 | €1,710 | -€66 | -3.7% |
| Gross operating margin | 9900 | €22,601 | €12,154 | -€10,448 | -46.2% |
| Operating profit (loss) | 9901 | €14,006 | €3,582 | -€10,423 | -74.4% |
| Financial charges | 65/66B | €206 | €221 | +€15 | +7.3% |
| Recurring financial charges | 65 | €206 | €221 | +€15 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €13,800 | €3,361 | -€10,438 | -75.6% |
| Income taxes | 67/77 | €3,944 | €1,446 | -€2,499 | -63.4% |
| Profit (loss) for the period | 9904 | €9,855 | €1,916 | -€7,940 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,855 | €1,916 | -€7,940 | -80.6% |
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 5 October 2026 via checked.be.