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
- Tangible fixed assets -€95,871
down €95,871 (-6.1%), from €1.6m to €1.5m
of which Land and buildings: -€88,214
- Debts after one year -€81,675
down €81,675 (-7.2%), from €1.1m to €1.1m
- Profit (loss) carried forward +€24,761
up €24,761 (+14.3%), from €173,263 to €198,024
- Reserves -€23,064
down €23,064 (-9.8%), from €236,130 to €213,066
of which Tax-exempt reserves: -€23,064
- Taxes -€78,950
down €78,950 (-90.7%), from €87,037 to €8,087
- Financial charges -€1,758
down €1,758 (-8.3%), from €21,197 to €19,439
- Gross operating margin -€1,565
down €1,565 (-1.1%), from €137,419 to €135,854
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,864,943 | €1,773,658 | -€91,285 | -4.9% |
| Formation expenses | 20 | €643 | €466 | -€177 | -27.5% |
| Fixed assets | 21/28 | €1,562,539 | €1,466,668 | -€95,871 | -6.1% |
| Tangible fixed assets | 22/27 | €1,562,539 | €1,466,668 | -€95,871 | -6.1% |
| Land and buildings | 22 | €1,513,016 | €1,424,802 | -€88,214 | -5.8% |
| Plant, machinery and equipment | 23 | €4,847 | €3,152 | -€1,694 | -35.0% |
| Furniture and vehicles | 24 | €44,676 | €38,714 | -€5,962 | -13.3% |
| Current assets | 29/58 | €301,762 | €306,524 | +€4,763 | +1.6% |
| Amounts receivable within one year | 40/41 | €296,548 | €297,934 | +€1,386 | +0.5% |
| Trade receivables | 40 | €156,207 | €296,034 | +€139,827 | +89.5% |
| Other amounts receivable | 41 | €140,341 | €1,900 | -€138,442 | -98.6% |
| Cash at bank and in hand | 54/58 | €5,214 | €8,591 | +€3,377 | +64.8% |
| Total equity and liabilities | 10/49 | €1,864,943 | €1,773,658 | -€91,285 | -4.9% |
| Equity | 10/15 | €427,993 | €429,690 | +€1,697 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €236,130 | €213,066 | -€23,064 | -9.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €234,270 | €211,206 | -€23,064 | -9.8% |
| Profit (loss) carried forward | 14 | €173,263 | €198,024 | +€24,761 | +14.3% |
| Provisions and deferred taxes | 16 | €73,037 | €65,349 | -€7,688 | -10.5% |
| Deferred taxes | 168 | €73,037 | €65,349 | -€7,688 | -10.5% |
| Amounts payable | 17/49 | €1,363,913 | €1,278,620 | -€85,293 | -6.3% |
| Amounts payable after more than one year | 17 | €1,137,961 | €1,056,286 | -€81,675 | -7.2% |
| Financial debts | 170/4 | €1,137,961 | €1,056,286 | -€81,675 | -7.2% |
| Amounts payable within one year | 42/48 | €225,704 | €221,545 | -€4,158 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €87,023 | €83,425 | -€3,598 | -4.1% |
| Trade debts | 44 | €7,701 | €1,602 | -€6,099 | -79.2% |
| Suppliers | 440/4 | €7,701 | €1,602 | -€6,099 | -79.2% |
| Taxes, remuneration and social security | 45 | €30,961 | €36,500 | +€5,539 | +17.9% |
| Taxes | 450/3 | €30,961 | €36,500 | +€5,539 | +17.9% |
| Other amounts payable | 47/48 | €100,019 | €100,019 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €249 | €788 | +€540 | +217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,140 | €96,047 | -€93 | -0.1% |
| Other operating charges | 640/8 | €17,710 | €18,272 | +€562 | +3.2% |
| Gross operating margin | 9900 | €137,419 | €135,854 | -€1,565 | -1.1% |
| Operating profit (loss) | 9901 | €23,569 | €21,535 | -€2,034 | -8.6% |
| Financial charges | 65/66B | €21,197 | €19,439 | -€1,758 | -8.3% |
| Recurring financial charges | 65 | €21,197 | €19,439 | -€1,758 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €2,372 | €2,096 | -€276 | -11.6% |
| Transfer from deferred taxes | 780 | - | €7,688 | +€7,688 | |
| Income taxes | 67/77 | €87,037 | €8,087 | -€78,950 | -90.7% |
| Profit (loss) for the period | 9904 | -€84,665 | €1,697 | +€86,362 | |
| Transfer from tax-exempt reserves | 789 | - | €23,064 | +€23,064 | |
| Profit (loss) for the period to be appropriated | 9905 | -€84,665 | €24,761 | +€109,427 |
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 17 October 2026 via checked.be.