JC IMMO: 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 IMMO
Largest movements
- Receivables after one year +€728,831
up €728,831 (+70.8%), from €1.0m to €1.8m
- Receivables within one year -€253,881
down €253,881 (-51.9%), from €489,608 to €235,727
of which Other amounts receivable: -€254,474
- Financial fixed assets -€228,062
no longer reported in 2024 (was €228,062)
- Tangible fixed assets -€115,489
down €115,489 (-6.4%), from €1.8m to €1.7m
- Deferred charges and accrued income +€76,457
up €76,457 (+143.1%), from €53,435 to €129,892
- Short-term financial debts +€417,000
new in 2024: €417,000
- Current portion of long-term debt -€291,016
down €291,016 (-73.4%), from €396,689 to €105,673
- Reserves +€178,798
up €178,798 (+14.6%), from €1.2m to €1.4m
of which Tax-exempt reserves: +€107,397
- Other debts -€119,660
down €119,660 (-99.7%), from €120,027 to €367
- Financial income +€266,331
up €266,331 (+663.6%), from €40,133 to €306,464
of which Non-recurring financial income: +€261,938
- Gross operating margin +€219,995
up €219,995 (+121.8%), from €180,609 to €400,603
- Financial charges +€36,734
up €36,734 (+107.1%), from €34,291 to €71,025
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,593,928 | €3,804,104 | +€210,176 | +5.8% |
| Fixed assets | 21/28 | €2,019,289 | €1,675,738 | -€343,551 | -17.0% |
| Tangible fixed assets | 22/27 | €1,791,227 | €1,675,738 | -€115,489 | -6.4% |
| Land and buildings | 22 | €1,791,227 | €1,675,738 | -€115,489 | -6.4% |
| Financial fixed assets | 28 | €228,062 | - | -€228,062 | |
| Current assets | 29/58 | €1,574,639 | €2,128,366 | +€553,727 | +35.2% |
| Amounts receivable after more than one year | 29 | €1,029,743 | €1,758,575 | +€728,831 | +70.8% |
| Other amounts receivable | 291 | €1,029,743 | €1,758,575 | +€728,831 | +70.8% |
| Amounts receivable within one year | 40/41 | €489,608 | €235,727 | -€253,881 | -51.9% |
| Trade receivables | 40 | €24 | €616 | +€592 | +2471.8% |
| Other amounts receivable | 41 | €489,584 | €235,110 | -€254,474 | -52.0% |
| Cash at bank and in hand | 54/58 | €1,853 | €4,173 | +€2,320 | +125.2% |
| Deferred charges and accrued income | 490/1 | €53,435 | €129,892 | +€76,457 | +143.1% |
| Total equity and liabilities | 10/49 | €3,593,928 | €3,804,104 | +€210,176 | +5.8% |
| Equity | 10/15 | €1,355,886 | €1,534,684 | +€178,798 | +13.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Revaluation surpluses | 12 | €32,682 | €32,682 | = | 0.0% |
| Reserves | 13 | €1,223,204 | €1,402,002 | +€178,798 | +14.6% |
| Tax-exempt reserves | 132 | €309,552 | €416,949 | +€107,397 | +34.7% |
| Distributable reserves | 133 | €913,652 | €985,053 | +€71,401 | +7.8% |
| Provisions and deferred taxes | 16 | €100,416 | €136,215 | +€35,799 | +35.7% |
| Deferred taxes | 168 | €100,416 | €136,215 | +€35,799 | +35.7% |
| Amounts payable | 17/49 | €2,137,626 | €2,133,205 | -€4,421 | -0.2% |
| Amounts payable after more than one year | 17 | €1,572,415 | €1,589,608 | +€17,193 | +1.1% |
| Financial debts | 170/4 | €1,572,415 | €1,589,608 | +€17,193 | +1.1% |
| Amounts payable within one year | 42/48 | €565,211 | €538,356 | -€26,855 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €396,689 | €105,673 | -€291,016 | -73.4% |
| Financial debts | 43 | - | €417,000 | +€417,000 | |
| Credit institutions | 430/8 | - | €417,000 | +€417,000 | |
| Trade debts | 44 | €42,525 | €15,316 | -€27,210 | -64.0% |
| Suppliers | 440/4 | €42,525 | €15,316 | -€27,210 | -64.0% |
| Taxes, remuneration and social security | 45 | €5,970 | - | -€5,970 | |
| Taxes | 450/3 | €5,970 | - | -€5,970 | |
| Other amounts payable | 47/48 | €120,027 | €367 | -€119,660 | -99.7% |
| Accrued charges and deferred income | 492/3 | - | €5,241 | +€5,241 | |
| Non-recurring operating income | 76A | - | €159,914 | +€159,914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,780 | €109,445 | -€335 | -0.3% |
| Other operating charges | 640/8 | €1,309 | €2,001 | +€692 | +52.9% |
| Non-recurring operating charges | 66A | - | €310,000 | +€310,000 | |
| Gross operating margin | 9900 | €180,609 | €400,603 | +€219,995 | +121.8% |
| Operating profit (loss) | 9901 | €69,520 | -€20,842 | -€90,363 | |
| Financial income | 75/76B | €40,133 | €306,464 | +€266,331 | +663.6% |
| Recurring financial income | 75 | €40,133 | €44,526 | +€4,393 | +10.9% |
| Non-recurring financial income | 76B | - | €261,938 | +€261,938 | |
| Financial charges | 65/66B | €34,291 | €71,025 | +€36,734 | +107.1% |
| Recurring financial charges | 65 | €34,291 | €71,025 | +€36,734 | +107.1% |
| Profit (loss) for the period before taxes | 9903 | €75,363 | €214,597 | +€139,234 | +184.8% |
| Transfer from deferred taxes | 780 | €12,450 | €4,180 | -€8,271 | -66.4% |
| Transfer to deferred taxes | 680 | - | €39,979 | +€39,979 | |
| Income taxes | 67/77 | €3,538 | - | -€3,538 | |
| Profit (loss) for the period | 9904 | €84,275 | €178,798 | +€94,523 | +112.2% |
| Transfer from tax-exempt reserves | 789 | €37,351 | €12,539 | -€24,812 | -66.4% |
| Transfer to tax-exempt reserves | 689 | - | €119,936 | +€119,936 | |
| Profit (loss) for the period to be appropriated | 9905 | €121,626 | €71,401 | -€50,225 | -41.3% |
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 11 October 2026 via checked.be.