GROUPE JCL: 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.
GROUPE JCL
Largest movements
- Tangible fixed assets -€3,553
down €3,553 (-7.8%), from €45,692 to €42,139
of which Land and buildings: -€2,161
- Cash -€2,379
no longer reported in 2025 (was €2,379)
mainly Net result for the year (-€29,713) and Debts after one year (-€15,000)
- Other debts +€38,574
up €38,574 (+1,538%), from €2,508 to €41,082
- Profit (loss) carried forward -€29,090
down €29,090 (-22.6%), from -€128,853 to -€157,943
- Debts after one year -€15,000
no longer reported in 2025 (was €15,000)
- Trade debts +€1,089
up €1,089 (+5.8%), from €18,829 to €19,918
- Gross operating margin -€11,045
down €11,045 (-88.8%), from -€12,439 to -€23,484
- Other operating charges +€1,765
up €1,765 (+212%), from €832 to €2,597
- Depreciation -€443
down €443 (-11.1%), from €3,996 to €3,553
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 | €105,438 | €100,392 | -€5,046 | -4.8% |
| Fixed assets | 21/28 | €45,692 | €42,139 | -€3,553 | -7.8% |
| Tangible fixed assets | 22/27 | €45,692 | €42,139 | -€3,553 | -7.8% |
| Land and buildings | 22 | €39,517 | €37,356 | -€2,161 | -5.5% |
| Plant, machinery and equipment | 23 | €6,175 | €4,783 | -€1,392 | -22.5% |
| Current assets | 29/58 | €59,746 | €58,253 | -€1,493 | -2.5% |
| Amounts receivable within one year | 40/41 | €40,080 | €40,966 | +€886 | +2.2% |
| Trade receivables | 40 | €40,080 | €40,966 | +€886 | +2.2% |
| Cash at bank and in hand | 54/58 | €2,379 | - | -€2,379 | |
| Deferred charges and accrued income | 490/1 | €17,287 | €17,287 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €105,438 | €100,392 | -€5,046 | -4.8% |
| Equity | 10/15 | €25,202 | -€4,512 | -€29,714 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €92,055 | €91,432 | -€623 | -0.7% |
| Tax-exempt reserves | 132 | €7,451 | €6,828 | -€623 | -8.4% |
| Distributable reserves | 133 | €84,604 | €84,604 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€128,853 | -€157,943 | -€29,090 | -22.6% |
| Provisions and deferred taxes | 16 | €3,838 | €3,517 | -€321 | -8.4% |
| Deferred taxes | 168 | €3,838 | €3,517 | -€321 | -8.4% |
| Amounts payable | 17/49 | €76,398 | €101,386 | +€24,988 | +32.7% |
| Amounts payable after more than one year | 17 | €15,000 | - | -€15,000 | |
| Financial debts | 170/4 | €15,000 | - | -€15,000 | |
| Amounts payable within one year | 42/48 | €21,337 | €61,326 | +€39,989 | +187% |
| Financial debts | 43 | - | €326 | +€326 | |
| Credit institutions | 430/8 | - | €326 | +€326 | |
| Trade debts | 44 | €18,829 | €19,918 | +€1,089 | +5.8% |
| Suppliers | 440/4 | €18,829 | €19,918 | +€1,089 | +5.8% |
| Other amounts payable | 47/48 | €2,508 | €41,082 | +€38,574 | +1,538% |
| Accrued charges and deferred income | 492/3 | €40,061 | €40,061 | -€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,996 | €3,553 | -€443 | -11.1% |
| Other operating charges | 640/8 | €832 | €2,597 | +€1,765 | +212% |
| Gross operating margin | 9900 | -€12,439 | -€23,484 | -€11,045 | -88.8% |
| Operating profit (loss) | 9901 | -€17,267 | -€29,633 | -€12,366 | -71.6% |
| Financial income | 75/76B | - | €94 | +€94 | |
| Recurring financial income | 75 | - | €94 | +€94 | |
| Financial charges | 65/66B | €498 | €495 | -€3 | -0.6% |
| Recurring financial charges | 65 | €498 | €495 | -€3 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,765 | -€30,034 | -€12,269 | -69.1% |
| Transfer from deferred taxes | 780 | €321 | €321 | -€0 | 0.0% |
| Profit (loss) for the period | 9904 | -€17,444 | -€29,713 | -€12,269 | -70.3% |
| Transfer from tax-exempt reserves | 789 | €623 | €623 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,821 | -€29,090 | -€12,269 | -72.9% |
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 25 October 2026 via checked.be.