JBK 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.
JBK IMMO
Largest movements
- Tangible fixed assets -€11,171
down €11,171 (-5.5%), from €202,311 to €191,140
of which Land and buildings: -€10,134
- Cash -€2,374
down €2,374 (-45.6%), from €5,206 to €2,832
mainly Other debts (-€41,267) and Contributions, distributions and other (-€26,000)
- Other debts -€41,267
down €41,267 (-54.9%), from €75,235 to €33,968
- Reserves +€15,833
new in 2025: €15,833
- Profit (loss) carried forward +€15,621
no longer reported in 2025 (was -€15,621)
- Debts after one year -€13,020
down €13,020 (-10.4%), from €125,195 to €112,175
- Accrued charges and deferred income +€3,971
new in 2025: €3,971
- Gross operating margin +€85,804
up €85,804, from -€7,530 to €78,275
- Depreciation +€5,618
up €5,618 (+101.2%), from €5,553 to €11,171
- Taxes +€3,963
new in 2025: €3,963
- Financial charges +€2,223
up €2,223 (+103.3%), from €2,151 to €4,374
of which Financial charges: +€1,952
- Other operating charges +€925
up €925 (+238.8%), from €387 to €1,312
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 | €207,787 | €193,973 | -€13,815 | -6.6% |
| Fixed assets | 21/28 | €202,311 | €191,140 | -€11,171 | -5.5% |
| Tangible fixed assets | 22/27 | €202,311 | €191,140 | -€11,171 | -5.5% |
| Land and buildings | 22 | €197,474 | €187,340 | -€10,134 | -5.1% |
| Plant, machinery and equipment | 23 | €4,838 | €3,801 | -€1,037 | -21.4% |
| Current assets | 29/58 | €5,476 | €2,832 | -€2,644 | -48.3% |
| Amounts receivable within one year | 40/41 | €270 | - | -€270 | |
| Other amounts receivable | 41 | €270 | - | -€270 | |
| Cash at bank and in hand | 54/58 | €5,206 | €2,832 | -€2,374 | -45.6% |
| Total equity and liabilities | 10/49 | €207,787 | €193,973 | -€13,815 | -6.6% |
| Equity | 10/15 | -€5,621 | €25,833 | +€31,454 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €15,833 | +€15,833 | |
| Distributable reserves | 133 | - | €15,833 | +€15,833 | |
| Profit (loss) carried forward | 14 | -€15,621 | - | +€15,621 | |
| Amounts payable | 17/49 | €213,408 | €168,139 | -€45,269 | -21.2% |
| Amounts payable after more than one year | 17 | €125,195 | €112,175 | -€13,020 | -10.4% |
| Financial debts | 170/4 | €125,195 | €112,175 | -€13,020 | -10.4% |
| Amounts payable within one year | 42/48 | €88,213 | €51,994 | -€36,220 | -41.1% |
| Current portion of amounts payable after more than one year | 42 | €12,645 | €13,020 | +€376 | +3.0% |
| Trade debts | 44 | €334 | €1,042 | +€708 | +212.2% |
| Suppliers | 440/4 | €334 | €1,042 | +€708 | +212.2% |
| Taxes, remuneration and social security | 45 | - | €3,963 | +€3,963 | |
| Taxes | 450/3 | - | €3,963 | +€3,963 | |
| Other amounts payable | 47/48 | €75,235 | €33,968 | -€41,267 | -54.9% |
| Accrued charges and deferred income | 492/3 | - | €3,971 | +€3,971 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,553 | €11,171 | +€5,618 | +101.2% |
| Other operating charges | 640/8 | €387 | €1,312 | +€925 | +238.8% |
| Gross operating margin | 9900 | -€7,530 | €78,275 | +€85,804 | |
| Operating profit (loss) | 9901 | -€13,470 | €65,792 | +€79,261 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,151 | €4,374 | +€2,223 | +103.3% |
| Recurring financial charges | 65 | €2,151 | €4,104 | +€1,952 | +90.8% |
| Non-recurring financial charges | 66B | - | €270 | +€270 | |
| Profit (loss) for the period before taxes | 9903 | -€15,621 | €61,418 | +€77,039 | |
| Income taxes | 67/77 | - | €3,963 | +€3,963 | |
| Profit (loss) for the period | 9904 | -€15,621 | €57,454 | +€73,075 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,621 | €57,454 | +€73,075 |
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 6 October 2026 via checked.be.