JCB 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.
JCB MANAGEMENT
Largest movements
- Receivables within one year +€33,175
up €33,175 (+45.1%), from €73,485 to €106,660
of which Trade receivables: +€29,059
- Cash +€26,371
up €26,371 (+41.5%), from €63,565 to €89,936
mainly Net result for the year (+€28,110) and Advances received (+€13,219)
- Profit (loss) carried forward +€28,110
up €28,110, from -€516 to €27,594
- Advances received +€13,219
new in 2025: €13,219
- Tax, wage and social debts +€10,057
up €10,057 (+150.2%), from €6,698 to €16,756
of which Taxes: +€9,887
- Trade debts +€6,971
up €6,971 (+24.7%), from €28,187 to €35,158
- Gross operating margin +€29,871
up €29,871 (+318.5%), from €9,379 to €39,250
- Taxes +€7,636
up €7,636 (+686.4%), from €1,113 to €8,749
- Depreciation -€6,763
down €6,763 (-80.3%), from €8,421 to €1,658
- Financial income +€1,109
new in 2025: €1,109
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 | €276,962 | €335,362 | +€58,401 | +21.1% |
| Fixed assets | 21/28 | €139,662 | €138,766 | -€896 | -0.6% |
| Tangible fixed assets | 22/27 | €5,077 | €4,181 | -€896 | -17.7% |
| Furniture and vehicles | 24 | €3,849 | €3,260 | -€589 | -15.3% |
| Other tangible fixed assets | 26 | €1,228 | €921 | -€307 | -25.0% |
| Financial fixed assets | 28 | €134,585 | €134,585 | = | 0.0% |
| Current assets | 29/58 | €137,299 | €196,596 | +€59,297 | +43.2% |
| Amounts receivable within one year | 40/41 | €73,485 | €106,660 | +€33,175 | +45.1% |
| Trade receivables | 40 | €51,447 | €80,506 | +€29,059 | +56.5% |
| Other amounts receivable | 41 | €22,039 | €26,154 | +€4,116 | +18.7% |
| Cash at bank and in hand | 54/58 | €63,565 | €89,936 | +€26,371 | +41.5% |
| Deferred charges and accrued income | 490/1 | €249 | - | -€249 | |
| Total equity and liabilities | 10/49 | €276,962 | €335,362 | +€58,401 | +21.1% |
| Equity | 10/15 | €242,077 | €270,187 | +€28,110 | +11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €236,393 | €236,393 | = | 0.0% |
| Distributable reserves | 133 | €236,393 | €236,393 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€516 | €27,594 | +€28,110 | |
| Amounts payable | 17/49 | €34,885 | €65,176 | +€30,291 | +86.8% |
| Amounts payable within one year | 42/48 | €34,885 | €65,132 | +€30,247 | +86.7% |
| Trade debts | 44 | €28,187 | €35,158 | +€6,971 | +24.7% |
| Suppliers | 440/4 | €28,187 | €35,158 | +€6,971 | +24.7% |
| Advances received on contracts in progress | 46 | - | €13,219 | +€13,219 | |
| Taxes, remuneration and social security | 45 | €6,698 | €16,756 | +€10,057 | +150.2% |
| Taxes | 450/3 | €6,698 | €16,585 | +€9,887 | +147.6% |
| Remuneration and social security | 454/9 | - | €171 | +€171 | |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Non-recurring operating income | 76A | - | €8,580 | +€8,580 | |
| Remuneration, social security and pensions | 62 | - | €171 | +€171 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,421 | €1,658 | -€6,763 | -80.3% |
| Other operating charges | 640/8 | €856 | €1,080 | +€224 | +26.2% |
| Gross operating margin | 9900 | €9,379 | €39,250 | +€29,871 | +318.5% |
| Operating profit (loss) | 9901 | €102 | €36,341 | +€36,239 | +35445.1% |
| Financial income | 75/76B | - | €1,109 | +€1,109 | |
| Recurring financial income | 75 | - | €1,109 | +€1,109 | |
| Financial charges | 65/66B | €710 | €591 | -€119 | -16.8% |
| Recurring financial charges | 65 | €710 | €591 | -€119 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€608 | €36,859 | +€37,468 | |
| Income taxes | 67/77 | €1,113 | €8,749 | +€7,636 | +686.4% |
| Profit (loss) for the period | 9904 | -€1,721 | €28,110 | +€29,831 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,721 | €28,110 | +€29,831 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.