J-Kon: 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-Kon
Largest movements
- Cash -€41,153
down €41,153 (-95.1%), from €43,268 to €2,116
mainly Contributions, distributions and other (-€34,781) and Investment in fixed assets (net) (-€12,978)
- Receivables within one year -€15,879
down €15,879 (-20.6%), from €76,897 to €61,019
of which Trade receivables: -€26,581
- Tangible fixed assets +€5,153
up €5,153 (+27.8%), from €18,502 to €23,655
of which Furniture and vehicles: +€7,675
- Reserves -€34,781
down €34,781 (-28.3%), from €122,843 to €88,062
- Profit (loss) carried forward -€7,679
new in 2025: -€7,679
- Tax, wage and social debts -€5,287
down €5,287 (-69.9%), from €7,565 to €2,278
- Trade debts -€4,677
down €4,677 (-51.7%), from €9,054 to €4,377
- Gross operating margin -€40,248
down €40,248 (-98.3%), from €40,936 to €688
- Financial charges -€3,627
down €3,627 (-94.3%), from €3,848 to €221
- Taxes -€2,642
down €2,642 (-95.0%), from €2,781 to €139
- Depreciation -€1,143
down €1,143 (-11.5%), from €9,928 to €8,785
- Financial income +€1,050
up €1,050 (+233%), from €451 to €1,501
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 | €141,296 | €88,401 | -€52,895 | -37.4% |
| Fixed assets | 21/28 | €19,530 | €23,723 | +€4,193 | +21.5% |
| Tangible fixed assets | 22/27 | €18,502 | €23,655 | +€5,153 | +27.8% |
| Plant, machinery and equipment | 23 | €7,744 | €5,221 | -€2,523 | -32.6% |
| Furniture and vehicles | 24 | €10,758 | €18,434 | +€7,675 | +71.3% |
| Financial fixed assets | 28 | €1,028 | €68 | -€960 | -93.4% |
| Current assets | 29/58 | €121,766 | €64,677 | -€57,088 | -46.9% |
| Amounts receivable within one year | 40/41 | €76,897 | €61,019 | -€15,879 | -20.6% |
| Trade receivables | 40 | €61,033 | €34,452 | -€26,581 | -43.6% |
| Other amounts receivable | 41 | €15,864 | €26,566 | +€10,702 | +67.5% |
| Cash at bank and in hand | 54/58 | €43,268 | €2,116 | -€41,153 | -95.1% |
| Deferred charges and accrued income | 490/1 | €1,600 | €1,543 | -€57 | -3.6% |
| Total equity and liabilities | 10/49 | €141,296 | €88,401 | -€52,895 | -37.4% |
| Equity | 10/15 | €123,843 | €81,384 | -€42,460 | -34.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €122,843 | €88,062 | -€34,781 | -28.3% |
| Distributable reserves | 133 | €122,843 | €88,062 | -€34,781 | -28.3% |
| Profit (loss) carried forward | 14 | - | -€7,679 | -€7,679 | |
| Amounts payable | 17/49 | €17,452 | €7,017 | -€10,436 | -59.8% |
| Amounts payable within one year | 42/48 | €17,452 | €6,656 | -€10,797 | -61.9% |
| Trade debts | 44 | €9,054 | €4,377 | -€4,677 | -51.7% |
| Suppliers | 440/4 | €9,054 | €4,377 | -€4,677 | -51.7% |
| Taxes, remuneration and social security | 45 | €7,565 | €2,278 | -€5,287 | -69.9% |
| Taxes | 450/3 | €7,565 | €2,278 | -€5,287 | -69.9% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Accrued charges and deferred income | 492/3 | - | €361 | +€361 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,928 | €8,785 | -€1,143 | -11.5% |
| Other operating charges | 640/8 | €761 | €411 | -€350 | -46.0% |
| Non-recurring operating charges | 66A | €20,290 | €313 | -€19,977 | -98.5% |
| Gross operating margin | 9900 | €40,936 | €688 | -€40,248 | -98.3% |
| Operating profit (loss) | 9901 | €9,958 | -€8,820 | -€18,778 | |
| Financial income | 75/76B | €451 | €1,501 | +€1,050 | +233% |
| Recurring financial income | 75 | €451 | €1,501 | +€1,050 | +233% |
| Financial charges | 65/66B | €3,848 | €221 | -€3,627 | -94.3% |
| Recurring financial charges | 65 | €3,848 | €221 | -€3,627 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | €6,561 | -€7,540 | -€14,101 | |
| Income taxes | 67/77 | €2,781 | €139 | -€2,642 | -95.0% |
| Profit (loss) for the period | 9904 | €3,780 | -€7,679 | -€11,459 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,780 | -€7,679 | -€11,459 |
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.