JC Development: 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.
JC Development
Largest movements
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets -€9,051
down €9,051 (-31.3%), from €28,884 to €19,833
of which Furniture and vehicles: -€10,435
- Cash -€6,191
down €6,191 (-10.5%), from €58,790 to €52,599
mainly Contributions, distributions and other (-€205,063) and Debts after one year (-€9,651)
- Profit (loss) carried forward -€128,932
no longer reported in 2025 (was €128,932)
- Other debts +€64,711
new in 2025: €64,711
- Debts after one year -€9,651
down €9,651 (-74.9%), from €12,894 to €3,242
- Tax, wage and social debts +€9,277
up €9,277 (+338.0%), from €2,745 to €12,022
- Gross operating margin +€24,055
up €24,055 (+27.9%), from €86,065 to €110,119
- Taxes +€5,587
up €5,587 (+37.3%), from €14,982 to €20,570
- Financial income +€1,734
new in 2025: €1,734
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 | €157,110 | €93,250 | -€63,860 | -40.6% |
| Fixed assets | 21/28 | €28,884 | €19,833 | -€9,051 | -31.3% |
| Tangible fixed assets | 22/27 | €28,884 | €19,833 | -€9,051 | -31.3% |
| Plant, machinery and equipment | 23 | €1,222 | €2,605 | +€1,383 | +113.2% |
| Furniture and vehicles | 24 | €27,662 | €17,228 | -€10,435 | -37.7% |
| Current assets | 29/58 | €128,226 | €73,417 | -€54,809 | -42.7% |
| Amounts receivable within one year | 40/41 | €18,876 | €20,182 | +€1,306 | +6.9% |
| Trade receivables | 40 | €17,876 | €18,282 | +€406 | +2.3% |
| Other amounts receivable | 41 | €1,000 | €1,900 | +€900 | +90.0% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €58,790 | €52,599 | -€6,191 | -10.5% |
| Deferred charges and accrued income | 490/1 | €559 | €635 | +€76 | +13.6% |
| Total equity and liabilities | 10/49 | €157,110 | €93,250 | -€63,860 | -40.6% |
| Equity | 10/15 | €131,932 | €3,000 | -€128,932 | -97.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,932 | - | -€128,932 | |
| Amounts payable | 17/49 | €25,178 | €90,250 | +€65,072 | +258.5% |
| Amounts payable after more than one year | 17 | €12,894 | €3,242 | -€9,651 | -74.9% |
| Financial debts | 170/4 | €12,894 | €3,242 | -€9,651 | -74.9% |
| Amounts payable within one year | 42/48 | €12,284 | €86,503 | +€74,219 | +604.2% |
| Current portion of amounts payable after more than one year | 42 | €9,539 | €9,651 | +€112 | +1.2% |
| Trade debts | 44 | - | €119 | +€119 | |
| Suppliers | 440/4 | - | €119 | +€119 | |
| Taxes, remuneration and social security | 45 | €2,745 | €12,022 | +€9,277 | +338.0% |
| Taxes | 450/3 | €2,745 | €12,022 | +€9,277 | +338.0% |
| Other amounts payable | 47/48 | - | €64,711 | +€64,711 | |
| Accrued charges and deferred income | 492/3 | - | €504 | +€504 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,524 | €14,118 | +€594 | +4.4% |
| Other operating charges | 640/8 | €358 | €769 | +€410 | +114.5% |
| Gross operating margin | 9900 | €86,065 | €110,119 | +€24,055 | +27.9% |
| Operating profit (loss) | 9901 | €72,182 | €95,232 | +€23,050 | +31.9% |
| Financial income | 75/76B | - | €1,734 | +€1,734 | |
| Recurring financial income | 75 | - | €1,734 | +€1,734 | |
| Financial charges | 65/66B | €373 | €265 | -€108 | -28.9% |
| Recurring financial charges | 65 | €373 | €265 | -€108 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €71,809 | €96,701 | +€24,891 | +34.7% |
| Income taxes | 67/77 | €14,982 | €20,570 | +€5,587 | +37.3% |
| Profit (loss) for the period | 9904 | €56,827 | €76,131 | +€19,304 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,827 | €76,131 | +€19,304 | +34.0% |
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 12 October 2026 via checked.be.