JC HOLD: 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.
What changed
JC HOLD
NACE 64.210, Activities of holding companies
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€253,842
2023 · -€103,892-€149,951
Equity
€1.0m
2023 · €1.3m-€253,842
Cash
€9,505
2023 · €21,219-€11,714
Balance sheet total
€2.9m
2023 · €3.0m-€95,836
Largest movements
Assets
- Receivables after one year -€571,143
down €571,143 (-83.1%), from €687,582 to €116,439
- Financial fixed assets +€490,000
up €490,000 (+22.0%), from €2.2m to €2.7m
Equity and liabilities
- Debts after one year +€610,000
up €610,000 (+85.9%), from €710,400 to €1.3m
- Other debts -€281,732
down €281,732 (-70.4%), from €400,013 to €118,281
- Profit (loss) carried forward -€253,842
down €253,842 (-219%), from -€115,958 to -€369,800
- Trade debts -€117,948
down €117,948 (-96.0%), from €122,905 to €4,957
- Advances received -€58,000
no longer reported in 2024 (was €58,000)
Income statement
- Gross operating margin +€222,363
up €222,363, from -€20,116 to €202,248
- Financial charges +€37,157
up €37,157 (+70.0%), from €53,114 to €90,271
- Financial income +€16,085
up €16,085 (+170%), from €9,473 to €25,557
From the 2023 result to the 2024 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 2023
-€103,892
Gross operating margin
+€222,363
Staff costs
-€1,241
Other operating charges
-€1
Other operating items
-€350,000
Financial income
+€16,085
Financial charges
-€37,157
Result 2024
-€253,842
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€131,714
Investment
-€490,000
Financing
+€610,000
Cash 2023
€21,219
From operations (derived)
-€131,714
Net result for the year
-€253,842
Receivables after one year
+€571,143
Receivables within one year
+€2,143
Smaller working-capital items
+€293
Trade debts
-€117,948
Tax, wage and social debts
+€6,229
Advances received
-€58,000
Other debts
-€281,732
Investment (derived)
-€490,000
Investment in fixed assets (net)
-€490,000
Financing
+€610,000
Debts after one year
+€610,000
Short-term financial debts
+€0
Cash 2024
€9,505
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,952,398 | €2,856,562 | -€95,836 | -3.2% |
| Fixed assets | 21/28 | €2,231,053 | €2,721,053 | +€490,000 | +22.0% |
| Financial fixed assets | 28 | €2,231,053 | €2,721,053 | +€490,000 | +22.0% |
| Current assets | 29/58 | €721,345 | €135,509 | -€585,836 | -81.2% |
| Amounts receivable after more than one year | 29 | €687,582 | €116,439 | -€571,143 | -83.1% |
| Other amounts receivable | 291 | €687,582 | €116,439 | -€571,143 | -83.1% |
| Amounts receivable within one year | 40/41 | €11,708 | €9,565 | -€2,143 | -18.3% |
| Trade receivables | 40 | €4,012 | €1,200 | -€2,812 | -70.1% |
| Other amounts receivable | 41 | €7,696 | €8,365 | +€669 | +8.7% |
| Cash at bank and in hand | 54/58 | €21,219 | €9,505 | -€11,714 | -55.2% |
| Deferred charges and accrued income | 490/1 | €836 | - | -€836 | |
| Total equity and liabilities | 10/49 | €2,952,398 | €2,856,562 | -€95,836 | -3.2% |
| Equity | 10/15 | €1,279,668 | €1,025,825 | -€253,842 | -19.8% |
| Contributions | 10/11 | €1,135,000 | €1,135,000 | = | 0.0% |
| Capital | 10 | €1,135,000 | €1,135,000 | = | 0.0% |
| Issued capital | 100 | €1,135,000 | €1,135,000 | = | 0.0% |
| Reserves | 13 | €260,625 | €260,625 | = | 0.0% |
| Non-distributable reserves | 130/1 | €113,500 | €113,500 | = | 0.0% |
| Legal reserve | 130 | €113,500 | €113,500 | = | 0.0% |
| Distributable reserves | 133 | €147,125 | €147,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€115,958 | -€369,800 | -€253,842 | -219% |
| Amounts payable | 17/49 | €1,672,731 | €1,830,737 | +€158,006 | +9.4% |
| Amounts payable after more than one year | 17 | €710,400 | €1,320,400 | +€610,000 | +85.9% |
| Other amounts payable | 178/9 | €710,400 | €1,320,400 | +€610,000 | +85.9% |
| Amounts payable within one year | 42/48 | €959,624 | €508,173 | -€451,451 | -47.0% |
| Financial debts | 43 | €350,000 | €350,000 | +€0 | 0.0% |
| Credit institutions | 430/8 | €350,000 | €350,000 | +€0 | 0.0% |
| Trade debts | 44 | €122,905 | €4,957 | -€117,948 | -96.0% |
| Suppliers | 440/4 | €122,905 | €4,957 | -€117,948 | -96.0% |
| Advances received on contracts in progress | 46 | €58,000 | - | -€58,000 | |
| Taxes, remuneration and social security | 45 | €28,706 | €34,935 | +€6,229 | +21.7% |
| Taxes | 450/3 | €18,014 | €21,726 | +€3,712 | +20.6% |
| Remuneration and social security | 454/9 | €10,692 | €13,209 | +€2,517 | +23.5% |
| Other amounts payable | 47/48 | €400,013 | €118,281 | -€281,732 | -70.4% |
| Accrued charges and deferred income | 492/3 | €2,707 | €2,164 | -€543 | -20.1% |
| Non-recurring operating income | 76A | €12 | - | -€12 | |
| Remuneration, social security and pensions | 62 | €38,915 | €40,156 | +€1,241 | +3.2% |
| Other operating charges | 640/8 | €1,219 | €1,220 | +€1 | +0.1% |
| Non-recurring operating charges | 66A | - | €350,000 | +€350,000 | |
| Gross operating margin | 9900 | -€20,116 | €202,248 | +€222,363 | |
| Operating profit (loss) | 9901 | -€60,250 | -€189,128 | -€128,879 | -214% |
| Financial income | 75/76B | €9,473 | €25,557 | +€16,085 | +170% |
| Recurring financial income | 75 | €9,473 | €25,557 | +€16,085 | +170% |
| Financial charges | 65/66B | €53,114 | €90,271 | +€37,157 | +70.0% |
| Recurring financial charges | 65 | €53,114 | €90,271 | +€37,157 | +70.0% |
| Profit (loss) for the period before taxes | 9903 | -€103,892 | -€253,842 | -€149,951 | -144% |
| Profit (loss) for the period | 9904 | -€103,892 | -€253,842 | -€149,951 | -144% |
| Profit (loss) for the period to be appropriated | 9905 | -€103,892 | -€253,842 | -€149,951 | -144% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.