JAC IMMO: what changed
Two fiscal 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.
JAC IMMO
Largest movements
- Tangible fixed assets -€19,845
down €19,845 (-7.5%), from €264,773 to €244,927
- Profit (loss) carried forward -€20,083
down €20,083 (-22.2%), from -€90,375 to -€110,458
- Debts after one year -€4,608
down €4,608 (-18.8%), from €24,534 to €19,926
- Other debts +€2,894
up €2,894 (+11.9%), from €24,360 to €27,254
- Gross operating margin -€4,040
down €4,040 (-33.5%), from €12,054 to €8,015
- Other operating charges -€2,683
down €2,683 (-28.3%), from €9,495 to €6,812
- Depreciation -€2,163
down €2,163 (-9.8%), from €22,008 to €19,845
- Financial charges -€208
down €208 (-13.0%), from €1,596 to €1,388
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 | €269,336 | €248,415 | -€20,921 | -7.8% |
| Fixed assets | 21/28 | €264,948 | €245,102 | -€19,845 | -7.5% |
| Tangible fixed assets | 22/27 | €264,773 | €244,927 | -€19,845 | -7.5% |
| Land and buildings | 22 | €264,773 | €244,927 | -€19,845 | -7.5% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €4,388 | €3,313 | -€1,075 | -24.5% |
| Cash at bank and in hand | 54/58 | €1,516 | €486 | -€1,031 | -68.0% |
| Deferred charges and accrued income | 490/1 | €2,872 | €2,827 | -€44 | -1.5% |
| Total equity and liabilities | 10/49 | €269,336 | €248,415 | -€20,921 | -7.8% |
| Equity | 10/15 | €213,807 | €193,725 | -€20,083 | -9.4% |
| Contributions | 10/11 | €289,822 | €289,822 | = | 0.0% |
| Capital | 10 | €289,815 | €289,815 | = | 0.0% |
| Issued capital | 100 | €289,815 | €289,815 | = | 0.0% |
| Outside capital | 11 | €7 | €7 | = | 0.0% |
| Share premium | 1100/10 | €7 | €7 | = | 0.0% |
| Reserves | 13 | €14,360 | €14,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,360 | €14,360 | = | 0.0% |
| Legal reserve | 130 | €14,360 | €14,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,375 | -€110,458 | -€20,083 | -22.2% |
| Amounts payable | 17/49 | €55,528 | €54,691 | -€838 | -1.5% |
| Amounts payable after more than one year | 17 | €24,534 | €19,926 | -€4,608 | -18.8% |
| Financial debts | 170/4 | €24,534 | €19,926 | -€4,608 | -18.8% |
| Amounts payable within one year | 42/48 | €30,854 | €34,625 | +€3,770 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €4,387 | €4,608 | +€222 | +5.0% |
| Trade debts | 44 | €2,107 | €2,262 | +€155 | +7.3% |
| Suppliers | 440/4 | €2,107 | €2,262 | +€155 | +7.3% |
| Taxes, remuneration and social security | 45 | - | €500 | +€500 | |
| Remuneration and social security | 454/9 | - | €500 | +€500 | |
| Other amounts payable | 47/48 | €24,360 | €27,254 | +€2,894 | +11.9% |
| Accrued charges and deferred income | 492/3 | €140 | €140 | = | 0.0% |
| Non-recurring operating income | 76A | - | €2,050 | +€2,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,008 | €19,845 | -€2,163 | -9.8% |
| Other operating charges | 640/8 | €9,495 | €6,812 | -€2,683 | -28.3% |
| Non-recurring operating charges | 66A | €35 | €53 | +€18 | +49.9% |
| Gross operating margin | 9900 | €12,054 | €8,015 | -€4,040 | -33.5% |
| Operating profit (loss) | 9901 | -€19,484 | -€18,695 | +€789 | +4.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,596 | €1,388 | -€208 | -13.0% |
| Recurring financial charges | 65 | €1,596 | €1,388 | -€208 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,080 | -€20,083 | +€997 | +4.7% |
| Profit (loss) for the period | 9904 | -€21,080 | -€20,083 | +€997 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,080 | -€20,083 | +€997 | +4.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.