JC 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.
JC HOLDING
Largest movements
- Current investments -€80,000
no longer reported in 2025 (was €80,000)
- Cash +€78,418
up €78,418 (+184%), from €42,541 to €120,960
mainly Current investments (+€80,000) and Depreciation (+€53,221)
- Tangible fixed assets +€15,730
up €15,730 (+7.1%), from €220,791 to €236,521
of which Leasing and similar rights: +€66,495
- Receivables within one year +€14,362
up €14,362 (+184%), from €7,812 to €22,174
of which Other amounts receivable: +€14,597
- Financial fixed assets +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
- Reserves +€15,600
up €15,600 (+839%), from €1,860 to €17,460
- Tax, wage and social debts +€14,916
up €14,916 (+213%), from €6,995 to €21,911
of which Taxes: +€14,756
- Current portion of long-term debt +€7,907
up €7,907 (+18.5%), from €42,689 to €50,596
- Gross operating margin +€15,884
up €15,884 (+21.7%), from €73,355 to €89,239
- Depreciation +€15,034
up €15,034 (+39.4%), from €38,188 to €53,221
- Taxes +€2,120
up €2,120 (+30.3%), from €6,995 to €9,115
- Financial charges +€1,438
up €1,438 (+18.6%), from €7,714 to €9,153
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 | €361,648 | €397,373 | +€35,725 | +9.9% |
| Fixed assets | 21/28 | €230,791 | €251,521 | +€20,730 | +9.0% |
| Tangible fixed assets | 22/27 | €220,791 | €236,521 | +€15,730 | +7.1% |
| Land and buildings | 22 | €127,769 | €120,667 | -€7,102 | -5.6% |
| Plant, machinery and equipment | 23 | €84,272 | €43,737 | -€40,536 | -48.1% |
| Furniture and vehicles | 24 | €8,750 | €5,622 | -€3,128 | -35.7% |
| Leasing and similar rights | 25 | - | €66,495 | +€66,495 | |
| Financial fixed assets | 28 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Current assets | 29/58 | €130,857 | €145,853 | +€14,995 | +11.5% |
| Amounts receivable within one year | 40/41 | €7,812 | €22,174 | +€14,362 | +184% |
| Trade receivables | 40 | €4,509 | €4,275 | -€235 | -5.2% |
| Other amounts receivable | 41 | €3,302 | €17,899 | +€14,597 | +442% |
| Current investments | 50/53 | €80,000 | - | -€80,000 | |
| Cash at bank and in hand | 54/58 | €42,541 | €120,960 | +€78,418 | +184% |
| Deferred charges and accrued income | 490/1 | €504 | €2,719 | +€2,215 | +439% |
| Total equity and liabilities | 10/49 | €361,648 | €397,373 | +€35,725 | +9.9% |
| Equity | 10/15 | €51,447 | €67,144 | +€15,697 | +30.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €17,460 | +€15,600 | +839% |
| Distributable reserves | 133 | €1,860 | €17,460 | +€15,600 | +839% |
| Profit (loss) carried forward | 14 | €43,387 | €43,484 | +€97 | +0.2% |
| Amounts payable | 17/49 | €310,201 | €330,230 | +€20,028 | +6.5% |
| Amounts payable after more than one year | 17 | €248,227 | €245,345 | -€2,882 | -1.2% |
| Financial debts | 170/4 | €248,227 | €245,345 | -€2,882 | -1.2% |
| Amounts payable within one year | 42/48 | €61,974 | €84,885 | +€22,911 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | €42,689 | €50,596 | +€7,907 | +18.5% |
| Trade debts | 44 | €9,212 | €9,272 | +€60 | +0.7% |
| Suppliers | 440/4 | €9,212 | €9,272 | +€60 | +0.7% |
| Taxes, remuneration and social security | 45 | €6,995 | €21,911 | +€14,916 | +213% |
| Taxes | 450/3 | €6,995 | €21,751 | +€14,756 | +211% |
| Remuneration and social security | 454/9 | - | €160 | +€160 | |
| Other amounts payable | 47/48 | €3,078 | €3,106 | +€27 | +0.9% |
| Remuneration, social security and pensions | 62 | €925 | €1,192 | +€267 | +28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,188 | €53,221 | +€15,034 | +39.4% |
| Other operating charges | 640/8 | €1,171 | €1,497 | +€326 | +27.9% |
| Gross operating margin | 9900 | €73,355 | €89,239 | +€15,884 | +21.7% |
| Operating profit (loss) | 9901 | €33,071 | €33,329 | +€257 | +0.8% |
| Financial income | 75/76B | €630 | €636 | +€6 | +1.0% |
| Recurring financial income | 75 | €630 | €636 | +€6 | +1.0% |
| Financial charges | 65/66B | €7,714 | €9,153 | +€1,438 | +18.6% |
| Recurring financial charges | 65 | €7,714 | €9,153 | +€1,438 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €25,988 | €24,812 | -€1,175 | -4.5% |
| Income taxes | 67/77 | €6,995 | €9,115 | +€2,120 | +30.3% |
| Profit (loss) for the period | 9904 | €18,993 | €15,697 | -€3,296 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,993 | €15,697 | -€3,296 | -17.4% |
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 23 October 2026 via checked.be.