J.C.C.S.: 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.
J.C.C.S.
Largest movements
- Current investments +€46,504
up €46,504 (+8.4%), from €552,433 to €598,937
- Receivables within one year -€9,926
down €9,926 (-33.8%), from €29,370 to €19,445
of which Trade receivables: -€15,106
- Cash +€9,062
up €9,062 (+7.9%), from €114,009 to €123,071
mainly Net result for the year (+€51,013) and Receivables within one year (+€9,926)
- Reserves +€50,500
up €50,500 (+12.2%), from €413,026 to €463,526
of which Distributable reserves: +€50,500
- Other debts -€9,255
down €9,255 (-5.2%), from €177,126 to €167,870
- Gross operating margin -€19,691
down €19,691 (-18.8%), from €104,608 to €84,917
- Depreciation -€11,480
down €11,480 (-84.7%), from €13,553 to €2,073
- Financial income +€5,242
up €5,242 (+151%), from €3,477 to €8,719
of which Non-recurring financial income: +€4,320
- Financial charges +€4,309
up €4,309 (+43.1%), from €9,995 to €14,304
of which Non-recurring financial charges: +€2,525
- Taxes -€3,639
down €3,639 (-12.4%), from €29,367 to €25,728
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 | €705,441 | €750,220 | +€44,779 | +6.3% |
| Fixed assets | 21/28 | €9,448 | €8,306 | -€1,143 | -12.1% |
| Tangible fixed assets | 22/27 | €9,448 | €8,306 | -€1,143 | -12.1% |
| Plant, machinery and equipment | 23 | €1,578 | €1,413 | -€165 | -10.4% |
| Furniture and vehicles | 24 | €7,870 | €6,892 | -€978 | -12.4% |
| Current assets | 29/58 | €695,992 | €741,914 | +€45,922 | +6.6% |
| Amounts receivable within one year | 40/41 | €29,370 | €19,445 | -€9,926 | -33.8% |
| Trade receivables | 40 | €28,571 | €13,465 | -€15,106 | -52.9% |
| Other amounts receivable | 41 | €800 | €5,980 | +€5,180 | +648% |
| Current investments | 50/53 | €552,433 | €598,937 | +€46,504 | +8.4% |
| Cash at bank and in hand | 54/58 | €114,009 | €123,071 | +€9,062 | +7.9% |
| Deferred charges and accrued income | 490/1 | €180 | €462 | +€282 | +156% |
| Total equity and liabilities | 10/49 | €705,441 | €750,220 | +€44,779 | +6.3% |
| Equity | 10/15 | €501,979 | €552,992 | +€51,013 | +10.2% |
| Contributions | 10/11 | €12,408 | €12,408 | = | 0.0% |
| Reserves | 13 | €413,026 | €463,526 | +€50,500 | +12.2% |
| Non-distributable reserves | 130/1 | €23,450 | €23,450 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23,450 | €23,450 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,576 | €7,576 | = | 0.0% |
| Distributable reserves | 133 | €382,000 | €432,500 | +€50,500 | +13.2% |
| Profit (loss) carried forward | 14 | €76,545 | €77,058 | +€513 | +0.7% |
| Amounts payable | 17/49 | €203,462 | €197,228 | -€6,234 | -3.1% |
| Amounts payable within one year | 42/48 | €193,696 | €187,024 | -€6,672 | -3.4% |
| Trade debts | 44 | €4,432 | €5,341 | +€910 | +20.5% |
| Suppliers | 440/4 | €4,432 | €5,341 | +€910 | +20.5% |
| Taxes, remuneration and social security | 45 | €12,138 | €13,813 | +€1,674 | +13.8% |
| Taxes | 450/3 | €12,138 | €13,813 | +€1,674 | +13.8% |
| Other amounts payable | 47/48 | €177,126 | €167,870 | -€9,255 | -5.2% |
| Accrued charges and deferred income | 492/3 | €9,766 | €10,204 | +€438 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,553 | €2,073 | -€11,480 | -84.7% |
| Other operating charges | 640/8 | €425 | €517 | +€93 | +21.8% |
| Gross operating margin | 9900 | €104,608 | €84,917 | -€19,691 | -18.8% |
| Operating profit (loss) | 9901 | €90,631 | €82,327 | -€8,304 | -9.2% |
| Financial income | 75/76B | €3,477 | €8,719 | +€5,242 | +151% |
| Recurring financial income | 75 | €3,477 | €4,398 | +€922 | +26.5% |
| Non-recurring financial income | 76B | - | €4,320 | +€4,320 | |
| Financial charges | 65/66B | €9,995 | €14,304 | +€4,309 | +43.1% |
| Recurring financial charges | 65 | €9,995 | €11,780 | +€1,784 | +17.9% |
| Non-recurring financial charges | 66B | - | €2,525 | +€2,525 | |
| Profit (loss) for the period before taxes | 9903 | €84,112 | €76,741 | -€7,371 | -8.8% |
| Income taxes | 67/77 | €29,367 | €25,728 | -€3,639 | -12.4% |
| Profit (loss) for the period | 9904 | €54,745 | €51,013 | -€3,732 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,745 | €51,013 | -€3,732 | -6.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.