JBK HOLDING: 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.
JBK HOLDING
Largest movements
- Financial fixed assets +€2.8m
up €2.8m (+747,038%), from €370 to €2.8m
- Receivables within one year -€1.1m
down €1.1m (-88.4%), from €1.2m to €143,469
of which Other amounts receivable: -€940,921
- Tangible fixed assets +€203,903
up €203,903 (+280%), from €72,695 to €276,598
of which Furniture and vehicles: +€119,330
- Debts after one year +€1.3m
up €1.3m (+253%), from €516,518 to €1.8m
of which Other amounts payable: +€1.6m
- Other debts +€854,000
up €854,000 (+474%), from €180,000 to €1.0m
- Current portion of long-term debt -€316,235
down €316,235 (-86.1%), from €367,245 to €51,009
- Gross operating margin -€161,940
down €161,940 (-67.1%), from €241,436 to €79,497
- Depreciation +€15,122
up €15,122 (+86.7%), from €17,440 to €32,563
- Taxes -€5,490
down €5,490 (-71.0%), from €7,729 to €2,240
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 | €1,325,440 | €3,195,018 | +€1.9m | +141% |
| Fixed assets | 21/28 | €73,065 | €3,041,010 | +€3.0m | +4,062% |
| Tangible fixed assets | 22/27 | €72,695 | €276,598 | +€203,903 | +280% |
| Land and buildings | 22 | - | €73,325 | +€73,325 | |
| Plant, machinery and equipment | 23 | - | €11,248 | +€11,248 | |
| Furniture and vehicles | 24 | €72,695 | €192,025 | +€119,330 | +164% |
| Financial fixed assets | 28 | €370 | €2,764,412 | +€2.8m | +747,038% |
| Current assets | 29/58 | €1,252,375 | €154,008 | -€1.1m | -87.7% |
| Amounts receivable within one year | 40/41 | €1,235,292 | €143,469 | -€1.1m | -88.4% |
| Trade receivables | 40 | €241,654 | €90,753 | -€150,901 | -62.4% |
| Other amounts receivable | 41 | €993,638 | €52,717 | -€940,921 | -94.7% |
| Cash at bank and in hand | 54/58 | €7,754 | €9,891 | +€2,137 | +27.6% |
| Deferred charges and accrued income | 490/1 | €9,330 | €649 | -€8,681 | -93.0% |
| Total equity and liabilities | 10/49 | €1,325,440 | €3,195,018 | +€1.9m | +141% |
| Equity | 10/15 | €89,970 | €112,365 | +€22,395 | +24.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €69,970 | €92,365 | +€22,395 | +32.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,500 | €5,500 | = | 0.0% |
| Distributable reserves | 133 | €62,470 | €84,865 | +€22,395 | +35.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,235,470 | €3,082,653 | +€1.8m | +150% |
| Amounts payable after more than one year | 17 | €516,518 | €1,822,232 | +€1.3m | +253% |
| Financial debts | 170/4 | €516,518 | €272,232 | -€244,286 | -47.3% |
| Other amounts payable | 178/9 | - | €1,550,000 | +€1.6m | |
| Amounts payable within one year | 42/48 | €705,970 | €1,255,180 | +€549,211 | +77.8% |
| Current portion of amounts payable after more than one year | 42 | €367,245 | €51,009 | -€316,235 | -86.1% |
| Trade debts | 44 | €150,107 | €170,171 | +€20,064 | +13.4% |
| Suppliers | 440/4 | €150,107 | €170,171 | +€20,064 | +13.4% |
| Taxes, remuneration and social security | 45 | €8,618 | €0 | -€8,618 | -100% |
| Taxes | 450/3 | €8,618 | €0 | -€8,618 | -100% |
| Other amounts payable | 47/48 | €180,000 | €1,034,000 | +€854,000 | +474% |
| Accrued charges and deferred income | 492/3 | €12,983 | €5,242 | -€7,741 | -59.6% |
| Non-recurring operating income | 76A | €5,795 | €34,329 | +€28,534 | +492% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,440 | €32,563 | +€15,122 | +86.7% |
| Other operating charges | 640/8 | €4,420 | €4,959 | +€539 | +12.2% |
| Non-recurring operating charges | 66A | €212 | €1,784 | +€1,572 | +743% |
| Gross operating margin | 9900 | €241,436 | €79,497 | -€161,940 | -67.1% |
| Operating profit (loss) | 9901 | €219,364 | €40,192 | -€179,173 | -81.7% |
| Financial income | 75/76B | €19,615 | €17,860 | -€1,756 | -9.0% |
| Recurring financial income | 75 | €19,615 | €17,860 | -€1,756 | -9.0% |
| Financial charges | 65/66B | €34,239 | €33,416 | -€823 | -2.4% |
| Recurring financial charges | 65 | €34,239 | €33,416 | -€823 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €204,741 | €24,635 | -€180,106 | -88.0% |
| Income taxes | 67/77 | €7,729 | €2,240 | -€5,490 | -71.0% |
| Profit (loss) for the period | 9904 | €197,011 | €22,395 | -€174,616 | -88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €197,011 | €22,395 | -€174,616 | -88.6% |
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 24 October 2026 via checked.be.