JCDECAUX INSERT BELGIUM: 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.
JCDECAUX INSERT BELGIUM
Largest movements
- Receivables within one year +€179,152
up €179,152 (+9.8%), from €1.8m to €2.0m
of which Other amounts receivable: +€95,612
- Cash -€91,500
down €91,500 (-91.4%), from €100,150 to €8,650
mainly Receivables within one year (-€179,152) and Investment in fixed assets (net) (-€127,116)
- Tangible fixed assets +€72,028
up €72,028 (+38.9%), from €185,248 to €257,276
of which Assets under construction and advance payments: +€62,278
- Tax, wage and social debts +€78,668
up €78,668 (+18.0%), from €438,220 to €516,888
of which Taxes: +€50,861
- Profit (loss) carried forward +€47,773
up €47,773 (+35.5%), from -€134,690 to -€86,917
- Other debts -€39,390
down €39,390 (-4.5%), from €877,386 to €837,996
- Trade debts +€37,125
up €37,125 (+4.2%), from €876,421 to €913,546
- Accrued charges and deferred income +€23,769
new in 2025: €23,769
- Turnover -€3.0m
no longer reported in 2025 (was €3.0m)
- Services and other goods -€2.9m
no longer reported in 2025 (was €2.9m)
- Gross operating margin +€1.3m
new in 2025: €1.3m
- Other operating income -€774,386
no longer reported in 2025 (was €774,386)
- Staff costs +€101,940
up €101,940 (+14.8%), from €688,180 to €790,120
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,131,894 | €2,279,839 | +€147,945 | +6.9% |
| Fixed assets | 21/28 | €185,303 | €257,330 | +€72,028 | +38.9% |
| Tangible fixed assets | 22/27 | €185,248 | €257,276 | +€72,028 | +38.9% |
| Plant, machinery and equipment | 23 | €181,810 | €191,528 | +€9,718 | +5.3% |
| Furniture and vehicles | 24 | €3,438 | €3,470 | +€32 | +0.9% |
| Assets under construction and advance payments | 27 | - | €62,278 | +€62,278 | |
| Financial fixed assets | 28 | €55 | €55 | = | 0.0% |
| Other financial fixed assets | 284/8 | €55 | - | -€55 | |
| Amounts receivable and cash guarantees | 285/8 | €55 | - | -€55 | |
| Current assets | 29/58 | €1,946,591 | €2,022,509 | +€75,918 | +3.9% |
| Amounts receivable within one year | 40/41 | €1,823,732 | €2,002,884 | +€179,152 | +9.8% |
| Trade receivables | 40 | €1,227,414 | €1,310,953 | +€83,540 | +6.8% |
| Other amounts receivable | 41 | €596,318 | €691,930 | +€95,612 | +16.0% |
| Cash at bank and in hand | 54/58 | €100,150 | €8,650 | -€91,500 | -91.4% |
| Deferred charges and accrued income | 490/1 | €22,710 | €10,975 | -€11,734 | -51.7% |
| Total equity and liabilities | 10/49 | €2,131,894 | €2,279,839 | +€147,945 | +6.9% |
| Equity | 10/15 | -€60,133 | -€12,360 | +€47,773 | +79.4% |
| Contributions | 10/11 | €63,372 | €63,372 | = | 0.0% |
| Capital | 10 | €63,344 | €63,344 | = | 0.0% |
| Issued capital | 100 | €63,344 | €63,344 | = | 0.0% |
| Contributions outside capital | 11 | €27 | €27 | = | 0.0% |
| Share premium | 1100/10 | €27 | €27 | = | 0.0% |
| Reserves | 13 | €11,185 | €11,185 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,240 | €9,240 | = | 0.0% |
| Legal reserve | 130 | €9,240 | €9,240 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,945 | €1,945 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,690 | -€86,917 | +€47,773 | +35.5% |
| Amounts payable | 17/49 | €2,192,027 | €2,292,199 | +€100,172 | +4.6% |
| Amounts payable within one year | 42/48 | €2,192,027 | €2,268,430 | +€76,403 | +3.5% |
| Trade debts | 44 | €876,421 | €913,546 | +€37,125 | +4.2% |
| Suppliers | 440/4 | €876,421 | €913,546 | +€37,125 | +4.2% |
| Taxes, remuneration and social security | 45 | €438,220 | €516,888 | +€78,668 | +18.0% |
| Taxes | 450/3 | €320,864 | €371,725 | +€50,861 | +15.9% |
| Remuneration and social security | 454/9 | €117,356 | €145,163 | +€27,808 | +23.7% |
| Other amounts payable | 47/48 | €877,386 | €837,996 | -€39,390 | -4.5% |
| Accrued charges and deferred income | 492/3 | - | €23,769 | +€23,769 | |
| Operating income | 70/76A | €3,797,280 | - | -€3.8m | |
| Turnover | 70 | €3,019,363 | - | -€3.0m | |
| Own construction capitalised | 72 | €3,532 | - | -€3,532 | |
| Other operating income | 74 | €774,386 | - | -€774,386 | |
| Operating charges | 60/66A | €4,137,680 | - | -€4.1m | |
| Goods for resale, raw materials and consumables | 60 | €47,253 | - | -€47,253 | |
| Purchases | 600/8 | €47,253 | - | -€47,253 | |
| Services and other goods | 61 | €2,910,336 | - | -€2.9m | |
| Remuneration, social security and pensions | 62 | €688,180 | €790,120 | +€101,940 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,038 | €55,089 | -€1,949 | -3.4% |
| Other operating charges | 640/8 | €434,873 | €378,378 | -€56,494 | -13.0% |
| Gross operating margin | 9900 | - | €1,289,554 | +€1.3m | |
| Operating profit (loss) | 9901 | -€340,399 | €65,967 | +€406,366 | |
| Financial income | 75/76B | €21,209 | €10,975 | -€10,234 | -48.3% |
| Recurring financial income | 75 | €21,209 | €10,975 | -€10,234 | -48.3% |
| Income from current assets | 751 | €21,209 | - | -€21,209 | |
| Financial charges | 65/66B | €40,529 | €24,191 | -€16,338 | -40.3% |
| Recurring financial charges | 65 | €40,529 | €24,191 | -€16,338 | -40.3% |
| Other financial charges | 652/9 | €40,529 | - | -€40,529 | |
| Profit (loss) for the period before taxes | 9903 | -€359,719 | €52,751 | +€412,470 | |
| Income taxes | 67/77 | €2,127 | €978 | -€1,149 | -54.0% |
| Taxes | 670/3 | €2,127 | - | -€2,127 | |
| Profit (loss) for the period | 9904 | -€361,846 | €51,773 | +€413,619 | |
| Profit (loss) for the period to be appropriated | 9905 | -€361,846 | €51,773 | +€413,619 |
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 23 October 2026 via checked.be.