JC PROPERTIES: 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 PROPERTIES
Largest movements
- Tangible fixed assets -€516,075
down €516,075 (-17.9%), from €2.9m to €2.4m
of which Land and buildings: -€545,912
- Current investments +€500,000
new in 2025: €500,000
- Cash +€35,434
up €35,434 (+59.4%), from €59,695 to €95,129
mainly Investment in fixed assets (net) (+€427,089) and Depreciation (+€88,986)
- Profit (loss) carried forward +€292,143
up €292,143 (+41.8%), from -€699,330 to -€407,187
- Reserves -€268,903
down €268,903 (-13.4%), from €2.0m to €1.7m
of which Tax-exempt reserves: -€268,903
- Provisions -€89,634
down €89,634 (-27.4%), from €327,488 to €237,854
- Tax, wage and social debts +€85,794
new in 2025: €85,794
- Taxes +€85,795
new in 2025: €85,795
- Gross operating margin +€84,770
up €84,770 (+347.1%), from €24,420 to €109,190
- Depreciation -€13,339
down €13,339 (-13.0%), from €102,325 to €88,986
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 | €3,098,930 | €3,118,295 | +€19,365 | +0.6% |
| Fixed assets | 21/28 | €2,889,235 | €2,373,160 | -€516,075 | -17.9% |
| Tangible fixed assets | 22/27 | €2,885,060 | €2,368,985 | -€516,075 | -17.9% |
| Land and buildings | 22 | €2,864,496 | €2,318,584 | -€545,912 | -19.1% |
| Plant, machinery and equipment | 23 | €20,564 | €50,401 | +€29,837 | +145.1% |
| Financial fixed assets | 28 | €4,175 | €4,175 | = | 0.0% |
| Current assets | 29/58 | €209,695 | €745,135 | +€535,440 | +255.3% |
| Amounts receivable within one year | 40/41 | €150,000 | €150,006 | +€6 | 0.0% |
| Other amounts receivable | 41 | €150,000 | €150,006 | +€6 | 0.0% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €59,695 | €95,129 | +€35,434 | +59.4% |
| Total equity and liabilities | 10/49 | €3,098,930 | €3,118,295 | +€19,365 | +0.6% |
| Equity | 10/15 | €1,481,804 | €1,505,044 | +€23,240 | +1.6% |
| Contributions | 10/11 | €174,263 | €174,263 | = | 0.0% |
| Capital | 10 | €174,263 | €174,263 | = | 0.0% |
| Issued capital | 100 | €174,263 | €174,263 | = | 0.0% |
| Reserves | 13 | €2,006,871 | €1,737,968 | -€268,903 | -13.4% |
| Tax-exempt reserves | 132 | €1,235,760 | €966,857 | -€268,903 | -21.8% |
| Distributable reserves | 133 | €771,111 | €771,111 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€699,330 | -€407,187 | +€292,143 | +41.8% |
| Provisions and deferred taxes | 16 | €327,488 | €237,854 | -€89,634 | -27.4% |
| Deferred taxes | 168 | €327,488 | €237,854 | -€89,634 | -27.4% |
| Amounts payable | 17/49 | €1,289,638 | €1,375,397 | +€85,759 | +6.6% |
| Amounts payable after more than one year | 17 | €4,100 | €4,100 | = | 0.0% |
| Other amounts payable | 178/9 | €4,100 | €4,100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,285,538 | €1,371,297 | +€85,759 | +6.7% |
| Taxes, remuneration and social security | 45 | - | €85,794 | +€85,794 | |
| Taxes | 450/3 | - | €85,794 | +€85,794 | |
| Other amounts payable | 47/48 | €1,285,538 | €1,285,503 | -€35 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,325 | €88,986 | -€13,339 | -13.0% |
| Other operating charges | 640/8 | €1,394 | €998 | -€396 | -28.4% |
| Gross operating margin | 9900 | €24,420 | €109,190 | +€84,770 | +347.1% |
| Operating profit (loss) | 9901 | -€79,299 | €19,206 | +€98,505 | |
| Financial income | 75/76B | €22 | €776 | +€754 | +3427.3% |
| Recurring financial income | 75 | €22 | €776 | +€754 | +3427.3% |
| Financial charges | 65/66B | €666 | €581 | -€85 | -12.8% |
| Recurring financial charges | 65 | €666 | €581 | -€85 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€79,943 | €19,401 | +€99,344 | |
| Transfer from deferred taxes | 780 | €17,242 | €89,634 | +€72,392 | +419.9% |
| Income taxes | 67/77 | - | €85,795 | +€85,795 | |
| Profit (loss) for the period | 9904 | -€62,701 | €23,240 | +€85,941 | |
| Transfer from tax-exempt reserves | 789 | €51,726 | €268,903 | +€217,177 | +419.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,975 | €292,143 | +€303,118 |
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 9 October 2026 via checked.be.