JCB RE: 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.
What changed
JCB RE
NACE 69.203, Activities of company auditors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€3,809
2024 · -€3,432-€377
Equity
€346,374
2024 · €350,183-€3,809
Cash
€6,551
2024 · €348+€6,203
Balance sheet total
€938,136
2024 · €919,089+€19,047
Largest movements
Assets
- Tangible fixed assets +€45,569
up €45,569 (+6.1%), from €752,052 to €797,621
of which Leasing and similar rights: +€73,937
- Current investments -€33,409
down €33,409 (-32.3%), from €103,458 to €70,049
Equity and liabilities
- Debts after one year +€15,305
up €15,305 (+3.5%), from €436,360 to €451,664
of which Financial debts: +€15,305
- Current portion of long-term debt +€9,793
up €9,793 (+34.7%), from €28,227 to €38,020
Income statement
- Gross operating margin +€14,825
up €14,825 (+33.5%), from €44,306 to €59,130
- Depreciation +€12,131
up €12,131 (+35.8%), from €33,857 to €45,988
- Financial charges +€1,766
up €1,766 (+15.7%), from €11,239 to €13,006
- Other operating charges +€1,220
up €1,220 (+24.6%), from €4,955 to €6,175
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.
Result 2024
-€3,432
Gross operating margin
+€14,825
Depreciation
-€12,131
Other operating charges
-€1,220
Financial income
-€473
Financial charges
-€1,766
Taxes
+€389
Result 2025
-€3,809
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€32,811
Investment
-€51,706
Financing
+€25,098
Cash 2024
€348
From operations (derived)
+€32,811
Net result for the year
-€3,809
Depreciation
+€45,988
Receivables within one year
-€1,743
Deferred charges and accrued income
-€5,382
Provisions
-€4,518
Trade debts
+€1,027
Tax, wage and social debts
-€2,901
Other debts
-€1,192
Accrued charges and deferred income
+€5,343
Investment (derived)
-€51,706
Investment in fixed assets (net)
-€85,115
Current investments
+€33,409
Financing
+€25,098
Debts after one year
+€15,305
Current portion of long-term debt
+€9,793
Cash 2025
€6,551
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €919,089 | €938,136 | +€19,047 | +2.1% |
| Fixed assets | 21/28 | €761,524 | €800,652 | +€39,127 | +5.1% |
| Intangible fixed assets | 21 | €9,472 | €3,031 | -€6,442 | -68.0% |
| Tangible fixed assets | 22/27 | €752,052 | €797,621 | +€45,569 | +6.1% |
| Land and buildings | 22 | €734,073 | €710,873 | -€23,200 | -3.2% |
| Furniture and vehicles | 24 | €12,654 | €8,347 | -€4,307 | -34.0% |
| Leasing and similar rights | 25 | - | €73,937 | +€73,937 | |
| Other tangible fixed assets | 26 | €5,325 | €4,464 | -€861 | -16.2% |
| Current assets | 29/58 | €157,564 | €137,484 | -€20,081 | -12.7% |
| Amounts receivable within one year | 40/41 | €49,922 | €51,665 | +€1,743 | +3.5% |
| Trade receivables | 40 | €49,922 | €49,112 | -€809 | -1.6% |
| Other amounts receivable | 41 | - | €2,552 | +€2,552 | |
| Current investments | 50/53 | €103,458 | €70,049 | -€33,409 | -32.3% |
| Cash at bank and in hand | 54/58 | €348 | €6,551 | +€6,203 | +1,782% |
| Deferred charges and accrued income | 490/1 | €3,837 | €9,220 | +€5,382 | +140% |
| Total equity and liabilities | 10/49 | €919,089 | €938,136 | +€19,047 | +2.1% |
| Equity | 10/15 | €350,183 | €346,374 | -€3,809 | -1.1% |
| Contributions | 10/11 | €40,500 | €40,500 | = | 0.0% |
| Reserves | 13 | €294,826 | €291,017 | -€3,809 | -1.3% |
| Tax-exempt reserves | 132 | €252,610 | €239,057 | -€13,553 | -5.4% |
| Distributable reserves | 133 | €42,216 | €51,959 | +€9,744 | +23.1% |
| Profit (loss) carried forward | 14 | €14,858 | €14,858 | = | 0.0% |
| Provisions and deferred taxes | 16 | €84,203 | €79,686 | -€4,518 | -5.4% |
| Deferred taxes | 168 | €84,203 | €79,686 | -€4,518 | -5.4% |
| Amounts payable | 17/49 | €484,702 | €512,076 | +€27,374 | +5.6% |
| Amounts payable after more than one year | 17 | €436,360 | €451,664 | +€15,305 | +3.5% |
| Financial debts | 170/4 | €431,480 | €446,784 | +€15,305 | +3.5% |
| Other amounts payable | 178/9 | €4,880 | €4,880 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,855 | €52,581 | +€6,726 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €28,227 | €38,020 | +€9,793 | +34.7% |
| Trade debts | 44 | €2,903 | €3,929 | +€1,027 | +35.4% |
| Suppliers | 440/4 | €2,903 | €3,929 | +€1,027 | +35.4% |
| Taxes, remuneration and social security | 45 | €12,991 | €10,089 | -€2,901 | -22.3% |
| Taxes | 450/3 | €12,991 | €10,089 | -€2,901 | -22.3% |
| Other amounts payable | 47/48 | €1,735 | €542 | -€1,192 | -68.7% |
| Accrued charges and deferred income | 492/3 | €2,488 | €7,830 | +€5,343 | +215% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,857 | €45,988 | +€12,131 | +35.8% |
| Other operating charges | 640/8 | €4,955 | €6,175 | +€1,220 | +24.6% |
| Gross operating margin | 9900 | €44,306 | €59,130 | +€14,825 | +33.5% |
| Operating profit (loss) | 9901 | €5,494 | €6,967 | +€1,473 | +26.8% |
| Financial income | 75/76B | €1,818 | €1,345 | -€473 | -26.0% |
| Recurring financial income | 75 | €1,818 | €1,345 | -€473 | -26.0% |
| Financial charges | 65/66B | €11,239 | €13,006 | +€1,766 | +15.7% |
| Recurring financial charges | 65 | €11,239 | €13,006 | +€1,766 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,927 | -€4,694 | -€766 | -19.5% |
| Transfer from deferred taxes | 780 | €4,518 | €4,518 | = | 0.0% |
| Income taxes | 67/77 | €4,022 | €3,633 | -€389 | -9.7% |
| Profit (loss) for the period | 9904 | -€3,432 | -€3,809 | -€377 | -11.0% |
| Transfer from tax-exempt reserves | 789 | €13,553 | €13,553 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,121 | €9,744 | -€378 | -3.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.