JC Management: what changed
Two fiscal 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 Management
Largest movements
- Intangible fixed assets +€174,452
new in 2025: €174,452
- Deferred charges and accrued income +€9,623
new in 2025: €9,623
- Tangible fixed assets +€4,181
up €4,181 (+50.8%), from €8,228 to €12,409
of which Plant, machinery and equipment: +€4,394
- Debts after one year +€147,988
up €147,988 (+4293.2%), from €3,447 to €151,435
of which Financial debts: +€151,435
- Current portion of long-term debt +€23,565
new in 2025: €23,565
- Other debts +€14,498
new in 2025: €14,498
- Tax, wage and social debts +€3,246
up €3,246 (+14.5%), from €22,369 to €25,615
- Gross operating margin +€8,903
up €8,903 (+42.2%), from €21,093 to €29,996
- Taxes +€2,135
up €2,135 (+59.9%), from €3,566 to €5,701
- Depreciation +€1,701
up €1,701 (+85.2%), from €1,997 to €3,698
- Financial charges +€1,603
up €1,603 (+48.6%), from €3,301 to €4,904
- Other operating charges +€510
new in 2025: €510
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 | €66,957 | €258,491 | +€191,534 | +286.1% |
| Fixed assets | 21/28 | €8,228 | €186,861 | +€178,633 | +2171.0% |
| Intangible fixed assets | 21 | - | €174,452 | +€174,452 | |
| Tangible fixed assets | 22/27 | €8,228 | €12,409 | +€4,181 | +50.8% |
| Plant, machinery and equipment | 23 | €5,255 | €9,649 | +€4,394 | +83.6% |
| Furniture and vehicles | 24 | €2,973 | €2,760 | -€213 | -7.2% |
| Current assets | 29/58 | €58,729 | €71,630 | +€12,901 | +22.0% |
| Amounts receivable within one year | 40/41 | - | €2,469 | +€2,469 | |
| Other amounts receivable | 41 | - | €2,469 | +€2,469 | |
| Cash at bank and in hand | 54/58 | €58,729 | €59,538 | +€809 | +1.4% |
| Deferred charges and accrued income | 490/1 | - | €9,623 | +€9,623 | |
| Total equity and liabilities | 10/49 | €66,957 | €258,491 | +€191,534 | +286.1% |
| Equity | 10/15 | €38,418 | €39,252 | +€834 | +2.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,418 | €36,252 | +€834 | +2.4% |
| Amounts payable | 17/49 | €28,539 | €219,239 | +€190,700 | +668.2% |
| Amounts payable after more than one year | 17 | €3,447 | €151,435 | +€147,988 | +4293.2% |
| Financial debts | 170/4 | - | €151,435 | +€151,435 | |
| Trade debts | 175 | €1,050 | - | -€1,050 | |
| Other amounts payable | 178/9 | €2,397 | - | -€2,397 | |
| Amounts payable within one year | 42/48 | €25,092 | €67,804 | +€42,712 | +170.2% |
| Current portion of amounts payable after more than one year | 42 | - | €23,565 | +€23,565 | |
| Trade debts | 44 | €2,723 | €4,126 | +€1,403 | +51.5% |
| Suppliers | 440/4 | €2,723 | €4,126 | +€1,403 | +51.5% |
| Taxes, remuneration and social security | 45 | €22,369 | €25,615 | +€3,246 | +14.5% |
| Taxes | 450/3 | €22,369 | €25,615 | +€3,246 | +14.5% |
| Other amounts payable | 47/48 | - | €14,498 | +€14,498 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,997 | €3,698 | +€1,701 | +85.2% |
| Other operating charges | 640/8 | - | €510 | +€510 | |
| Non-recurring operating charges | 66A | €3 | €63 | +€60 | +2000.0% |
| Gross operating margin | 9900 | €21,093 | €29,996 | +€8,903 | +42.2% |
| Operating profit (loss) | 9901 | €19,093 | €25,725 | +€6,632 | +34.7% |
| Financial charges | 65/66B | €3,301 | €4,904 | +€1,603 | +48.6% |
| Recurring financial charges | 65 | €3,301 | €4,904 | +€1,603 | +48.6% |
| Profit (loss) for the period before taxes | 9903 | €15,792 | €20,821 | +€5,029 | +31.8% |
| Income taxes | 67/77 | €3,566 | €5,701 | +€2,135 | +59.9% |
| Profit (loss) for the period | 9904 | €12,226 | €15,120 | +€2,894 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,226 | €15,120 | +€2,894 | +23.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.