JCI: 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.
JCI
Largest movements
- Cash +€155,271
up €155,271 (+27.6%), from €561,777 to €717,048
mainly Debts after one year (+€90,000) and Net result for the year (+€50,289)
- Receivables within one year +€22,071
up €22,071 (+7.5%), from €294,906 to €316,977
of which Trade receivables: +€32,300
- Debts after one year +€90,000
up €90,000 (+14.5%), from €619,500 to €709,500
- Profit (loss) carried forward +€50,289
up €50,289 (+17.5%), from €287,004 to €337,294
- Tax, wage and social debts +€26,946
up €26,946 (+150.1%), from €17,955 to €44,901
of which Taxes: +€27,805
- Gross operating margin +€53,322
up €53,322 (+50.5%), from €105,587 to €158,909
- Taxes +€18,423
up €18,423 (+197.3%), from €9,336 to €27,759
- Depreciation +€8,149
up €8,149 (+258.6%), from €3,151 to €11,300
- Financial income +€5,615
up €5,615 (+39.9%), from €14,076 to €19,690
- Staff costs -€5,134
down €5,134 (-5.5%), from €92,746 to €87,613
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 | €992,993 | €1,160,256 | +€167,263 | +16.8% |
| Fixed assets | 21/28 | €53,558 | €43,965 | -€9,593 | -17.9% |
| Tangible fixed assets | 22/27 | €50,711 | €39,411 | -€11,300 | -22.3% |
| Furniture and vehicles | 24 | €50,711 | €39,411 | -€11,300 | -22.3% |
| Financial fixed assets | 28 | €2,847 | €4,554 | +€1,707 | +60.0% |
| Current assets | 29/58 | €939,435 | €1,116,291 | +€176,857 | +18.8% |
| Amounts receivable within one year | 40/41 | €294,906 | €316,977 | +€22,071 | +7.5% |
| Trade receivables | 40 | €1,534 | €33,834 | +€32,300 | +2106.2% |
| Other amounts receivable | 41 | €293,372 | €283,143 | -€10,229 | -3.5% |
| Current investments | 50/53 | €82,066 | €82,236 | +€170 | +0.2% |
| Cash at bank and in hand | 54/58 | €561,777 | €717,048 | +€155,271 | +27.6% |
| Deferred charges and accrued income | 490/1 | €686 | €30 | -€656 | -95.6% |
| Total equity and liabilities | 10/49 | €992,993 | €1,160,256 | +€167,263 | +16.8% |
| Equity | 10/15 | €295,064 | €345,354 | +€50,289 | +17.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €287,004 | €337,294 | +€50,289 | +17.5% |
| Amounts payable | 17/49 | €697,929 | €814,902 | +€116,974 | +16.8% |
| Amounts payable after more than one year | 17 | €619,500 | €709,500 | +€90,000 | +14.5% |
| Financial debts | 170/4 | €619,500 | €709,500 | +€90,000 | +14.5% |
| Amounts payable within one year | 42/48 | €77,955 | €104,901 | +€26,946 | +34.6% |
| Financial debts | 43 | €60,000 | €60,000 | = | 0.0% |
| Credit institutions | 430/8 | €60,000 | €60,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €17,955 | €44,901 | +€26,946 | +150.1% |
| Taxes | 450/3 | €6,792 | €34,597 | +€27,805 | +409.4% |
| Remuneration and social security | 454/9 | €11,163 | €10,304 | -€859 | -7.7% |
| Accrued charges and deferred income | 492/3 | €473 | €501 | +€28 | +5.9% |
| Remuneration, social security and pensions | 62 | €92,746 | €87,613 | -€5,134 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,151 | €11,300 | +€8,149 | +258.6% |
| Other operating charges | 640/8 | €334 | €1,080 | +€746 | +223.1% |
| Non-recurring operating charges | 66A | €21 | €4 | -€17 | -81.3% |
| Gross operating margin | 9900 | €105,587 | €158,909 | +€53,322 | +50.5% |
| Operating profit (loss) | 9901 | €9,334 | €58,912 | +€49,578 | +531.1% |
| Financial income | 75/76B | €14,076 | €19,690 | +€5,615 | +39.9% |
| Recurring financial income | 75 | €14,076 | €19,690 | +€5,615 | +39.9% |
| Financial charges | 65/66B | €375 | €555 | +€180 | +48.0% |
| Recurring financial charges | 65 | €375 | €555 | +€180 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €23,035 | €78,048 | +€55,013 | +238.8% |
| Income taxes | 67/77 | €9,336 | €27,759 | +€18,423 | +197.3% |
| Profit (loss) for the period | 9904 | €13,699 | €50,289 | +€36,590 | +267.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,699 | €50,289 | +€36,590 | +267.1% |
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 6 October 2026 via checked.be.