JC-CONCEPT: 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.
What changed
JC-CONCEPT
NACE 71.111, Activities of building architects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€71,449
2024 · €105,395-€33,947
Equity
€1.7m
2024 · €1.6m+€71,449
Cash
€221,525
2024 · €254,042-€32,517
Balance sheet total
€3.2m
2024 · €3.3m-€44,827
Largest movements
Assets
- Stocks and contracts +€416,537
up €416,537 (+118.0%), from €353,099 to €769,636
of which Stocks: +€329,110
- Tangible fixed assets -€171,589
down €171,589 (-66.5%), from €257,978 to €86,389
of which Land and buildings: -€156,064
- Receivables after one year -€134,551
down €134,551 (-28.5%), from €472,066 to €337,514
- Receivables within one year -€123,137
down €123,137 (-6.5%), from €1.9m to €1.8m
of which Trade receivables: -€105,986
Equity and liabilities
- Debts after one year -€301,141
down €301,141 (-63.0%), from €477,939 to €176,798
- Trade debts +€189,800
up €189,800 (+59.3%), from €319,988 to €509,788
- Reserves +€71,449
up €71,449 (+4.6%), from €1.6m to €1.6m
Income statement
- Staff costs +€40,766
up €40,766 (+225.6%), from €18,074 to €58,839
- Write-downs +€36,279
new in 2025: €36,279
- Taxes -€33,454
down €33,454 (-54.4%), from €61,472 to €28,018
- Other operating charges +€18,457
up €18,457 (+179.2%), from €10,300 to €28,756
- Financial charges -€17,899
down €17,899 (-37.0%), from €48,326 to €30,427
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.
Result 2024
€105,395
Gross operating margin
+€3,565
Staff costs
-€40,766
Depreciation
+€13,202
Write-downs
-€36,279
Other operating charges
-€18,457
Financial income
-€6,567
Financial charges
+€17,899
Taxes
+€33,454
Result 2025
€71,449
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.
From operations
+€124,122
Investment
+€123,377
Financing
-€280,016
Cash 2024
€254,042
From operations (derived)
+€124,122
Net result for the year
+€71,449
Depreciation
+€48,212
Receivables after one year
+€134,551
Stocks and contracts
-€416,537
Receivables within one year
+€123,137
Deferred charges and accrued income
-€431
Trade debts
+€189,800
Tax, wage and social debts
-€20,836
Other debts
+€2,761
Accrued charges and deferred income
-€7,985
Investment (derived)
+€123,377
Investment in fixed assets (net)
+€123,377
Financing
-€280,016
Debts after one year
-€301,141
Current portion of long-term debt
+€21,124
Cash 2025
€221,525
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,270,637 | €3,225,809 | -€44,827 | -1.4% |
| Fixed assets | 21/28 | €257,978 | €86,389 | -€171,589 | -66.5% |
| Tangible fixed assets | 22/27 | €257,978 | €86,389 | -€171,589 | -66.5% |
| Land and buildings | 22 | €206,609 | €50,545 | -€156,064 | -75.5% |
| Plant, machinery and equipment | 23 | €35,460 | €26,475 | -€8,984 | -25.3% |
| Furniture and vehicles | 24 | €14,368 | €5,208 | -€9,159 | -63.7% |
| Other tangible fixed assets | 26 | €1,541 | €4,160 | +€2,619 | +170.0% |
| Current assets | 29/58 | €3,012,659 | €3,139,421 | +€126,762 | +4.2% |
| Amounts receivable after more than one year | 29 | €472,066 | €337,514 | -€134,551 | -28.5% |
| Other amounts receivable | 291 | €472,066 | €337,514 | -€134,551 | -28.5% |
| Stocks and contracts in progress | 3 | €353,099 | €769,636 | +€416,537 | +118.0% |
| Stocks | 30/36 | €321,110 | €650,220 | +€329,110 | +102.5% |
| Contracts in progress | 37 | €31,990 | €119,417 | +€87,427 | +273.3% |
| Amounts receivable within one year | 40/41 | €1,901,176 | €1,778,039 | -€123,137 | -6.5% |
| Trade receivables | 40 | €1,712,376 | €1,606,390 | -€105,986 | -6.2% |
| Other amounts receivable | 41 | €188,801 | €171,649 | -€17,151 | -9.1% |
| Current investments | 50/53 | €2,812 | €2,812 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €254,042 | €221,525 | -€32,517 | -12.8% |
| Deferred charges and accrued income | 490/1 | €29,464 | €29,894 | +€431 | +1.5% |
| Total equity and liabilities | 10/49 | €3,270,637 | €3,225,809 | -€44,827 | -1.4% |
| Equity | 10/15 | €1,604,442 | €1,675,891 | +€71,449 | +4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,550,277 | €1,621,726 | +€71,449 | +4.6% |
| Distributable reserves | 133 | €1,550,277 | €1,621,726 | +€71,449 | +4.6% |
| Profit (loss) carried forward | 14 | €35,565 | €35,565 | = | 0.0% |
| Amounts payable | 17/49 | €1,666,194 | €1,549,918 | -€116,276 | -7.0% |
| Amounts payable after more than one year | 17 | €477,939 | €176,798 | -€301,141 | -63.0% |
| Financial debts | 170/4 | €477,939 | €176,798 | -€301,141 | -63.0% |
| Amounts payable within one year | 42/48 | €1,166,347 | €1,359,196 | +€192,850 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €816,465 | €837,589 | +€21,124 | +2.6% |
| Trade debts | 44 | €319,988 | €509,788 | +€189,800 | +59.3% |
| Suppliers | 440/4 | €319,988 | €509,788 | +€189,800 | +59.3% |
| Taxes, remuneration and social security | 45 | €25,190 | €4,355 | -€20,836 | -82.7% |
| Taxes | 450/3 | €25,190 | €4,355 | -€20,836 | -82.7% |
| Other amounts payable | 47/48 | €4,704 | €7,464 | +€2,761 | +58.7% |
| Accrued charges and deferred income | 492/3 | €21,909 | €13,924 | -€7,985 | -36.4% |
| Non-recurring operating income | 76A | €2,704 | €34,843 | +€32,140 | +1188.8% |
| Remuneration, social security and pensions | 62 | €18,074 | €58,839 | +€40,766 | +225.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,414 | €48,212 | -€13,202 | -21.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €36,279 | +€36,279 | |
| Other operating charges | 640/8 | €10,300 | €28,756 | +€18,457 | +179.2% |
| Gross operating margin | 9900 | €291,343 | €294,908 | +€3,565 | +1.2% |
| Operating profit (loss) | 9901 | €201,556 | €122,822 | -€78,734 | -39.1% |
| Financial income | 75/76B | €13,638 | €7,072 | -€6,567 | -48.1% |
| Recurring financial income | 75 | €13,638 | €7,072 | -€6,567 | -48.1% |
| Financial charges | 65/66B | €48,326 | €30,427 | -€17,899 | -37.0% |
| Recurring financial charges | 65 | €48,326 | €30,427 | -€17,899 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €166,868 | €99,467 | -€67,401 | -40.4% |
| Income taxes | 67/77 | €61,472 | €28,018 | -€33,454 | -54.4% |
| Profit (loss) for the period | 9904 | €105,395 | €71,449 | -€33,947 | -32.2% |
| Transfer from tax-exempt reserves | 789 | €210,500 | - | -€210,500 | |
| Transfer to tax-exempt reserves | 689 | €66,286 | - | -€66,286 | |
| Profit (loss) for the period to be appropriated | 9905 | €249,609 | €71,449 | -€178,160 | -71.4% |
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 8 October 2026 via checked.be.