JCI: 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.
JCI
Largest movements
- Receivables within one year +€341,241
up €341,241 (+1,364%), from €25,014 to €366,254
of which Trade receivables: +€338,593
- Stocks and contracts -€12,386
no longer reported in 2025 (was €12,386)
- Cash +€11,996
up €11,996 (+3.7%), from €322,639 to €334,636
mainly Trade debts (+€216,993) and Net result for the year (+€120,136)
- Tangible fixed assets +€11,626
up €11,626 (+331%), from €3,514 to €15,140
of which Furniture and vehicles: +€12,061
- Financial fixed assets -€8,101
no longer reported in 2025 (was €8,101)
- Trade debts +€216,993
up €216,993 (+309%), from €70,234 to €287,227
- Reserves +€120,136
up €120,136 (+2,538%), from €4,734 to €124,869
- Tax, wage and social debts +€37,828
up €37,828 (+2,054%), from €1,842 to €39,670
of which Taxes: +€36,828
- Other debts -€20,992
down €20,992 (-21.2%), from €99,211 to €78,219
- Accrued charges and deferred income -€10,468
no longer reported in 2025 (was €10,468)
- Gross operating margin +€84,887
up €84,887 (+70.8%), from €119,912 to €204,799
- Taxes +€44,718
up €44,718 (+266%), from €16,842 to €61,560
- Financial charges -€4,347
down €4,347 (-18.5%), from €23,487 to €19,141
- Depreciation +€2,357
up €2,357 (+144%), from €1,641 to €3,998
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 | €376,489 | €719,985 | +€343,496 | +91.2% |
| Fixed assets | 21/28 | €12,903 | €15,801 | +€2,898 | +22.5% |
| Intangible fixed assets | 21 | €1,288 | €661 | -€627 | -48.7% |
| Tangible fixed assets | 22/27 | €3,514 | €15,140 | +€11,626 | +331% |
| Furniture and vehicles | 24 | €3,080 | €15,140 | +€12,061 | +392% |
| Other tangible fixed assets | 26 | €434 | - | -€434 | |
| Financial fixed assets | 28 | €8,101 | - | -€8,101 | |
| Current assets | 29/58 | €363,586 | €704,184 | +€340,598 | +93.7% |
| Stocks and contracts in progress | 3 | €12,386 | - | -€12,386 | |
| Stocks | 30/36 | €12,386 | - | -€12,386 | |
| Amounts receivable within one year | 40/41 | €25,014 | €366,254 | +€341,241 | +1,364% |
| Trade receivables | 40 | €24,177 | €362,770 | +€338,593 | +1,400% |
| Other amounts receivable | 41 | €837 | €3,484 | +€2,647 | +316% |
| Cash at bank and in hand | 54/58 | €322,639 | €334,636 | +€11,996 | +3.7% |
| Deferred charges and accrued income | 490/1 | €3,547 | €3,294 | -€253 | -7.1% |
| Total equity and liabilities | 10/49 | €376,489 | €719,985 | +€343,496 | +91.2% |
| Equity | 10/15 | €194,734 | €314,869 | +€120,136 | +61.7% |
| Contributions | 10/11 | €190,000 | €190,000 | = | 0.0% |
| Reserves | 13 | €4,734 | €124,869 | +€120,136 | +2,538% |
| Distributable reserves | 133 | €4,734 | €124,869 | +€120,136 | +2,538% |
| Amounts payable | 17/49 | €181,756 | €405,116 | +€223,360 | +123% |
| Amounts payable within one year | 42/48 | €171,287 | €405,116 | +€233,829 | +137% |
| Trade debts | 44 | €70,234 | €287,227 | +€216,993 | +309% |
| Suppliers | 440/4 | €70,234 | €287,227 | +€216,993 | +309% |
| Taxes, remuneration and social security | 45 | €1,842 | €39,670 | +€37,828 | +2,054% |
| Taxes | 450/3 | €1,842 | €38,670 | +€36,828 | +1,999% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €99,211 | €78,219 | -€20,992 | -21.2% |
| Accrued charges and deferred income | 492/3 | €10,468 | - | -€10,468 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,641 | €3,998 | +€2,357 | +144% |
| Other operating charges | 640/8 | €513 | €819 | +€307 | +59.8% |
| Non-recurring operating charges | 66A | €1,165 | - | -€1,165 | |
| Gross operating margin | 9900 | €119,912 | €204,799 | +€84,887 | +70.8% |
| Operating profit (loss) | 9901 | €116,594 | €199,981 | +€83,387 | +71.5% |
| Financial income | 75/76B | €1,647 | €855 | -€792 | -48.1% |
| Recurring financial income | 75 | €1,647 | €855 | -€792 | -48.1% |
| Financial charges | 65/66B | €23,487 | €19,141 | -€4,347 | -18.5% |
| Recurring financial charges | 65 | €23,487 | €19,141 | -€4,347 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €94,753 | €181,696 | +€86,942 | +91.8% |
| Income taxes | 67/77 | €16,842 | €61,560 | +€44,718 | +266% |
| Profit (loss) for the period | 9904 | €77,911 | €120,136 | +€42,224 | +54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €77,911 | €120,136 | +€42,224 | +54.2% |
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 21 October 2026 via checked.be.