JC4C: 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.
JC4C
Largest movements
- Cash -€23,281
down €23,281 (-30.6%), from €76,171 to €52,890
mainly Receivables within one year (-€16,768) and Contributions, distributions and other (-€10,000)
- Receivables within one year +€16,768
up €16,768 (+176.8%), from €9,482 to €26,250
of which Other amounts receivable: +€11,375
- Tangible fixed assets -€14,141
down €14,141 (-28.7%), from €49,341 to €35,200
of which Furniture and vehicles: -€16,813
- Deferred charges and accrued income +€2,260
new in 2025: €2,260
- Debts after one year -€7,990
down €7,990 (-32.1%), from €24,902 to €16,913
- Trade debts -€6,513
down €6,513 (-85.2%), from €7,647 to €1,134
- Other debts -€3,943
down €3,943 (-39.4%), from €10,000 to €6,057
- Tax, wage and social debts -€3,207
down €3,207 (-13.7%), from €23,462 to €20,256
of which Taxes: -€3,207
- Reserves +€2,962
up €2,962 (+5.1%), from €58,288 to €61,251
of which Distributable reserves: +€2,962
- Turnover -€40,535
down €40,535 (-23.3%), from €173,875 to €133,340
- Gross operating margin -€30,231
down €30,231 (-44.1%), from €68,482 to €38,252
- Purchases and services -€12,481
down €12,481 (-10.4%), from €120,096 to €107,615
- Taxes -€11,453
down €11,453 (-65.6%), from €17,456 to €6,003
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 | €134,994 | €116,600 | -€18,393 | -13.6% |
| Fixed assets | 21/28 | €49,341 | €35,200 | -€14,141 | -28.7% |
| Tangible fixed assets | 22/27 | €49,341 | €35,200 | -€14,141 | -28.7% |
| Plant, machinery and equipment | 23 | - | €2,673 | +€2,673 | |
| Furniture and vehicles | 24 | €49,341 | €32,528 | -€16,813 | -34.1% |
| Current assets | 29/58 | €85,653 | €81,400 | -€4,253 | -5.0% |
| Amounts receivable within one year | 40/41 | €9,482 | €26,250 | +€16,768 | +176.8% |
| Trade receivables | 40 | €8,811 | €14,204 | +€5,393 | +61.2% |
| Other amounts receivable | 41 | €671 | €12,046 | +€11,375 | +1695.1% |
| Cash at bank and in hand | 54/58 | €76,171 | €52,890 | -€23,281 | -30.6% |
| Deferred charges and accrued income | 490/1 | - | €2,260 | +€2,260 | |
| Total equity and liabilities | 10/49 | €134,994 | €116,600 | -€18,393 | -13.6% |
| Equity | 10/15 | €61,288 | €64,251 | +€2,962 | +4.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €58,288 | €61,251 | +€2,962 | +5.1% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €57,988 | €60,951 | +€2,962 | +5.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,706 | €52,350 | -€21,356 | -29.0% |
| Amounts payable after more than one year | 17 | €24,902 | €16,913 | -€7,990 | -32.1% |
| Financial debts | 170/4 | €24,902 | €16,913 | -€7,990 | -32.1% |
| Amounts payable within one year | 42/48 | €48,803 | €35,437 | -€13,366 | -27.4% |
| Current portion of amounts payable after more than one year | 42 | €7,693 | €7,990 | +€296 | +3.8% |
| Trade debts | 44 | €7,647 | €1,134 | -€6,513 | -85.2% |
| Suppliers | 440/4 | €7,647 | €1,134 | -€6,513 | -85.2% |
| Taxes, remuneration and social security | 45 | €23,462 | €20,256 | -€3,207 | -13.7% |
| Taxes | 450/3 | €23,462 | €20,256 | -€3,207 | -13.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,000 | €6,057 | -€3,943 | -39.4% |
| Turnover | 70 | €173,875 | €133,340 | -€40,535 | -23.3% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €120,096 | €107,615 | -€12,481 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,189 | €17,279 | +€1,091 | +6.7% |
| Other operating charges | 640/8 | €375 | €795 | +€420 | +112.2% |
| Gross operating margin | 9900 | €68,482 | €38,252 | -€30,231 | -44.1% |
| Operating profit (loss) | 9901 | €51,919 | €20,177 | -€31,741 | -61.1% |
| Financial income | 75/76B | €67 | €27 | -€40 | -59.5% |
| Recurring financial income | 75 | €67 | €27 | -€40 | -59.5% |
| Financial charges | 65/66B | €1,860 | €1,239 | -€621 | -33.4% |
| Recurring financial charges | 65 | €1,860 | €1,239 | -€621 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €50,127 | €18,966 | -€31,161 | -62.2% |
| Income taxes | 67/77 | €17,456 | €6,003 | -€11,453 | -65.6% |
| Profit (loss) for the period | 9904 | €32,670 | €12,962 | -€19,708 | -60.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,670 | €12,962 | -€19,708 | -60.3% |
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 10 October 2026 via checked.be.