JCF IMMO: 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.
JCF IMMO
Largest movements
- Tangible fixed assets -€11,354
down €11,354 (-1.1%), from €1.0m to €993,019
of which Land and buildings: -€6,063
- Other debts -€40,890
down €40,890 (-5.2%), from €784,225 to €743,335
- Profit (loss) carried forward +€34,927
up €34,927 (+25.9%), from €135,050 to €169,977
- Debts after one year -€13,446
down €13,446 (-16.7%), from €80,482 to €67,036
- Depreciation +€1,654
up €1,654 (+3.0%), from €55,243 to €56,898
- Gross operating margin +€1,584
up €1,584 (+1.4%), from €112,930 to €114,514
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 | €1,085,788 | €1,068,051 | -€17,736 | -1.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,004,373 | €993,019 | -€11,354 | -1.1% |
| Tangible fixed assets | 22/27 | €1,004,373 | €993,019 | -€11,354 | -1.1% |
| Land and buildings | 22 | €980,602 | €974,539 | -€6,063 | -0.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €23,771 | €18,479 | -€5,292 | -22.3% |
| Current assets | 29/58 | €81,415 | €75,033 | -€6,382 | -7.8% |
| Amounts receivable within one year | 40/41 | €2,370 | - | -€2,370 | |
| Trade receivables | 40 | €2,370 | - | -€2,370 | |
| Cash at bank and in hand | 54/58 | €76,633 | €66,739 | -€9,894 | -12.9% |
| Deferred charges and accrued income | 490/1 | €2,412 | €8,294 | +€5,882 | +243.9% |
| Total equity and liabilities | 10/49 | €1,085,788 | €1,068,051 | -€17,736 | -1.6% |
| Equity | 10/15 | €203,250 | €238,177 | +€34,927 | +17.2% |
| 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 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,050 | €169,977 | +€34,927 | +25.9% |
| Amounts payable | 17/49 | €882,538 | €829,874 | -€52,664 | -6.0% |
| Amounts payable after more than one year | 17 | €80,482 | €67,036 | -€13,446 | -16.7% |
| Financial debts | 170/4 | €80,482 | €67,036 | -€13,446 | -16.7% |
| Amounts payable within one year | 42/48 | €802,056 | €761,138 | -€40,918 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €13,305 | €13,446 | +€142 | +1.1% |
| Trade debts | 44 | €2,412 | €2,625 | +€213 | +8.8% |
| Suppliers | 440/4 | €2,412 | €2,625 | +€213 | +8.8% |
| Taxes, remuneration and social security | 45 | €2,115 | €1,732 | -€383 | -18.1% |
| Taxes | 450/3 | €2,115 | €1,732 | -€383 | -18.1% |
| Other amounts payable | 47/48 | €784,225 | €743,335 | -€40,890 | -5.2% |
| Accrued charges and deferred income | 492/3 | - | €1,700 | +€1,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,243 | €56,898 | +€1,654 | +3.0% |
| Other operating charges | 640/8 | €9,494 | €9,792 | +€299 | +3.1% |
| Gross operating margin | 9900 | €112,930 | €114,514 | +€1,584 | +1.4% |
| Operating profit (loss) | 9901 | €48,193 | €47,824 | -€369 | -0.8% |
| Financial charges | 65/66B | €1,237 | €1,164 | -€72 | -5.9% |
| Recurring financial charges | 65 | €1,237 | €1,164 | -€72 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €46,956 | €46,660 | -€297 | -0.6% |
| Income taxes | 67/77 | €11,615 | €11,732 | +€117 | +1.0% |
| Profit (loss) for the period | 9904 | €35,341 | €34,927 | -€414 | -1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,341 | €34,927 | -€414 | -1.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.