J.K. SERVICES: 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.K. SERVICES
Largest movements
- Tangible fixed assets -€22,947
down €22,947 (-12.1%), from €189,922 to €166,975
of which Land and buildings: -€12,368
- Cash +€9,840
up €9,840 (+49.5%), from €19,869 to €29,708
mainly Depreciation (+€22,947) and Accrued charges and deferred income (+€2,400)
- Profit (loss) carried forward -€16,236
down €16,236 (-26.7%), from -€60,839 to -€77,074
- Accrued charges and deferred income +€2,400
up €2,400 (+31.2%), from €7,683 to €10,083
- Gross operating margin -€2,284
down €2,284 (-11.8%), from €19,397 to €17,113
- Depreciation -€1,688
down €1,688 (-6.9%), from €24,635 to €22,947
- Other operating charges +€235
up €235 (+3.2%), from €7,450 to €7,686
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 | €210,556 | €197,543 | -€13,013 | -6.2% |
| Fixed assets | 21/28 | €189,922 | €166,975 | -€22,947 | -12.1% |
| Tangible fixed assets | 22/27 | €189,922 | €166,975 | -€22,947 | -12.1% |
| Land and buildings | 22 | €163,683 | €151,315 | -€12,368 | -7.6% |
| Plant, machinery and equipment | 23 | €15,683 | €13,097 | -€2,586 | -16.5% |
| Furniture and vehicles | 24 | €10,556 | €2,562 | -€7,994 | -75.7% |
| Current assets | 29/58 | €20,634 | €30,568 | +€9,935 | +48.1% |
| Amounts receivable within one year | 40/41 | - | €47 | +€47 | |
| Trade receivables | 40 | - | €47 | +€47 | |
| Cash at bank and in hand | 54/58 | €19,869 | €29,708 | +€9,840 | +49.5% |
| Deferred charges and accrued income | 490/1 | €765 | €813 | +€48 | +6.2% |
| Total equity and liabilities | 10/49 | €210,556 | €197,543 | -€13,013 | -6.2% |
| Equity | 10/15 | €81,811 | €65,576 | -€16,236 | -19.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €81,150 | €81,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,839 | -€77,074 | -€16,236 | -26.7% |
| Amounts payable | 17/49 | €128,744 | €131,967 | +€3,223 | +2.5% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €61,061 | €61,884 | +€823 | +1.3% |
| Trade debts | 44 | €2,412 | €4,109 | +€1,697 | +70.3% |
| Suppliers | 440/4 | €2,412 | €4,109 | +€1,697 | +70.3% |
| Taxes, remuneration and social security | 45 | €393 | €351 | -€42 | -10.8% |
| Taxes | 450/3 | €393 | €351 | -€42 | -10.8% |
| Other amounts payable | 47/48 | €58,256 | €57,424 | -€831 | -1.4% |
| Accrued charges and deferred income | 492/3 | €7,683 | €10,083 | +€2,400 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,635 | €22,947 | -€1,688 | -6.9% |
| Other operating charges | 640/8 | €7,450 | €7,686 | +€235 | +3.2% |
| Gross operating margin | 9900 | €19,397 | €17,113 | -€2,284 | -11.8% |
| Operating profit (loss) | 9901 | -€12,689 | -€13,520 | -€831 | -6.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -75.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -75.0% |
| Financial charges | 65/66B | €2,637 | €2,539 | -€98 | -3.7% |
| Recurring financial charges | 65 | €2,539 | €2,539 | -€0 | 0.0% |
| Non-recurring financial charges | 66B | €98 | €0 | -€98 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,326 | -€16,059 | -€733 | -4.8% |
| Income taxes | 67/77 | €218 | €176 | -€42 | -19.2% |
| Profit (loss) for the period | 9904 | -€15,544 | -€16,236 | -€691 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,544 | -€16,236 | -€691 | -4.4% |
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 9 October 2026 via checked.be.