J.C. Forwarding: 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. Forwarding
Largest movements
- Cash -€3,509
down €3,509 (-9.9%), from €35,367 to €31,858
mainly Contributions, distributions and other (-€36,000) and Investment in fixed assets (net) (-€5,585)
- Tangible fixed assets +€2,400
up €2,400 (+42.6%), from €5,636 to €8,036
of which Other tangible fixed assets: +€3,721
- Receivables within one year -€1,663
down €1,663 (-20.8%), from €7,982 to €6,320
of which Other amounts receivable: -€2,763
- Contributions -€15,000
down €15,000 (-75.0%), from €20,000 to €5,000
- Other debts +€10,063
up €10,063 (+63.2%), from €15,932 to €25,996
- Tax, wage and social debts +€4,861
up €4,861 (+56.6%), from €8,591 to €13,452
- Trade debts -€3,001
down €3,001 (-46.9%), from €6,404 to €3,403
- Profit (loss) carried forward +€693
up €693 (+91.9%), from €754 to €1,447
- Gross operating margin +€6,118
up €6,118 (+21.1%), from €28,991 to €35,109
- Depreciation +€1,394
up €1,394 (+77.8%), from €1,791 to €3,186
- Taxes +€1,150
up €1,150 (+18.5%), from €6,217 to €7,367
- Financial income -€737
down €737 (-89.2%), from €826 to €89
- Financial charges -€400
down €400 (-21.6%), from €1,855 to €1,455
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 | €51,682 | €49,298 | -€2,384 | -4.6% |
| Fixed assets | 21/28 | €6,312 | €8,711 | +€2,400 | +38.0% |
| Tangible fixed assets | 22/27 | €5,636 | €8,036 | +€2,400 | +42.6% |
| Furniture and vehicles | 24 | €5,636 | €4,314 | -€1,321 | -23.4% |
| Other tangible fixed assets | 26 | - | €3,721 | +€3,721 | |
| Financial fixed assets | 28 | €676 | €676 | = | 0.0% |
| Current assets | 29/58 | €45,370 | €40,587 | -€4,783 | -10.5% |
| Amounts receivable within one year | 40/41 | €7,982 | €6,320 | -€1,663 | -20.8% |
| Trade receivables | 40 | - | €1,100 | +€1,100 | |
| Other amounts receivable | 41 | €7,982 | €5,220 | -€2,763 | -34.6% |
| Cash at bank and in hand | 54/58 | €35,367 | €31,858 | -€3,509 | -9.9% |
| Deferred charges and accrued income | 490/1 | €2,020 | €2,409 | +€389 | +19.2% |
| Total equity and liabilities | 10/49 | €51,682 | €49,298 | -€2,384 | -4.6% |
| Equity | 10/15 | €20,754 | €6,447 | -€14,307 | -68.9% |
| Contributions | 10/11 | €20,000 | €5,000 | -€15,000 | -75.0% |
| Contributions outside capital | 11 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | €20,000 | - | -€20,000 | |
| Profit (loss) carried forward | 14 | €754 | €1,447 | +€693 | +91.9% |
| Amounts payable | 17/49 | €30,928 | €42,851 | +€11,924 | +38.6% |
| Amounts payable within one year | 42/48 | €30,928 | €42,851 | +€11,924 | +38.6% |
| Trade debts | 44 | €6,404 | €3,403 | -€3,001 | -46.9% |
| Suppliers | 440/4 | €6,404 | €3,403 | -€3,001 | -46.9% |
| Taxes, remuneration and social security | 45 | €8,591 | €13,452 | +€4,861 | +56.6% |
| Taxes | 450/3 | €8,591 | €13,452 | +€4,861 | +56.6% |
| Other amounts payable | 47/48 | €15,932 | €25,996 | +€10,063 | +63.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,791 | €3,186 | +€1,394 | +77.8% |
| Other operating charges | 640/8 | €1,132 | €1,498 | +€366 | +32.3% |
| Gross operating margin | 9900 | €28,991 | €35,109 | +€6,118 | +21.1% |
| Operating profit (loss) | 9901 | €26,068 | €30,425 | +€4,357 | +16.7% |
| Financial income | 75/76B | €826 | €89 | -€737 | -89.2% |
| Recurring financial income | 75 | €826 | €89 | -€737 | -89.2% |
| Financial charges | 65/66B | €1,855 | €1,455 | -€400 | -21.6% |
| Recurring financial charges | 65 | €1,855 | €1,455 | -€400 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €25,039 | €29,060 | +€4,020 | +16.1% |
| Income taxes | 67/77 | €6,217 | €7,367 | +€1,150 | +18.5% |
| Profit (loss) for the period | 9904 | €18,822 | €21,693 | +€2,871 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,822 | €21,693 | +€2,871 | +15.3% |
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 16 October 2026 via checked.be.