JCDecaux Malls: 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 Malls
Largest movements
- Receivables within one year +€1.5m
up €1.5m (+31.1%), from €5.0m to €6.5m
of which Other amounts receivable: +€970,000
- Cash +€338,706
up €338,706 (+687%), from €49,294 to €388,000
mainly Net result for the year (+€1.9m) and Trade debts (+€901,620)
- Tangible fixed assets +€127,095
up €127,095 (+140%), from €90,718 to €217,813
of which Plant, machinery and equipment: +€69,236
- Trade debts +€901,620
up €901,620 (+35.0%), from €2.6m to €3.5m
- Other debts +€652,968
up €652,968 (+50.6%), from €1.3m to €1.9m
- Tax, wage and social debts +€486,331
up €486,331 (+49.9%), from €975,203 to €1.5m
- Profit (loss) carried forward -€88,188
no longer reported in 2025 (was €88,188)
- Gross operating margin +€671,346
up €671,346 (+33.6%), from €2.0m to €2.7m
- Taxes +€173,026
up €173,026 (+34.5%), from €501,000 to €674,026
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 | €5,139,759 | €7,111,527 | +€2.0m | +38.4% |
| Fixed assets | 21/28 | €120,718 | €217,813 | +€97,095 | +80.4% |
| Tangible fixed assets | 22/27 | €90,718 | €217,813 | +€127,095 | +140% |
| Plant, machinery and equipment | 23 | €89,828 | €159,064 | +€69,236 | +77.1% |
| Assets under construction and advance payments | 27 | €890 | €58,749 | +€57,860 | +6,502% |
| Financial fixed assets | 28 | €30,000 | - | -€30,000 | |
| Current assets | 29/58 | €5,019,041 | €6,893,713 | +€1.9m | +37.4% |
| Amounts receivable within one year | 40/41 | €4,964,197 | €6,505,713 | +€1.5m | +31.1% |
| Trade receivables | 40 | €3,574,197 | €4,145,713 | +€571,516 | +16.0% |
| Other amounts receivable | 41 | €1,390,000 | €2,360,000 | +€970,000 | +69.8% |
| Cash at bank and in hand | 54/58 | €49,294 | €388,000 | +€338,706 | +687% |
| Deferred charges and accrued income | 490/1 | €5,550 | - | -€5,550 | |
| Total equity and liabilities | 10/49 | €5,139,759 | €7,111,527 | +€2.0m | +38.4% |
| Equity | 10/15 | €294,542 | €206,354 | -€88,188 | -29.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €144,354 | €144,354 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €138,154 | €138,154 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,188 | - | -€88,188 | |
| Amounts payable | 17/49 | €4,845,217 | €6,905,172 | +€2.1m | +42.5% |
| Amounts payable within one year | 42/48 | €4,838,142 | €6,879,062 | +€2.0m | +42.2% |
| Trade debts | 44 | €2,573,458 | €3,475,078 | +€901,620 | +35.0% |
| Suppliers | 440/4 | €2,573,458 | €3,475,078 | +€901,620 | +35.0% |
| Taxes, remuneration and social security | 45 | €975,203 | €1,461,534 | +€486,331 | +49.9% |
| Taxes | 450/3 | €975,203 | €1,461,534 | +€486,331 | +49.9% |
| Other amounts payable | 47/48 | €1,289,481 | €1,942,449 | +€652,968 | +50.6% |
| Accrued charges and deferred income | 492/3 | €7,075 | €26,111 | +€19,036 | +269% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,497 | €51,163 | -€17,334 | -25.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,511 | - | -€13,511 | |
| Other operating charges | 640/8 | €8 | €15,346 | +€15,338 | +189,352% |
| Gross operating margin | 9900 | €1,999,702 | €2,671,048 | +€671,346 | +33.6% |
| Operating profit (loss) | 9901 | €1,917,685 | €2,604,539 | +€686,854 | +35.8% |
| Financial income | 75/76B | €18,938 | - | -€18,938 | |
| Recurring financial income | 75 | €18,938 | - | -€18,938 | |
| Non-recurring financial income | 76B | €18,938 | - | -€18,938 | |
| Financial charges | 65/66B | €57,954 | €76,252 | +€18,298 | +31.6% |
| Recurring financial charges | 65 | €57,954 | €76,252 | +€18,298 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | €1,878,669 | €2,528,288 | +€649,619 | +34.6% |
| Income taxes | 67/77 | €501,000 | €674,026 | +€173,026 | +34.5% |
| Profit (loss) for the period | 9904 | €1,377,669 | €1,854,262 | +€476,593 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,377,669 | €1,854,262 | +€476,593 | +34.6% |
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 18 October 2026 via checked.be.