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 +€207,911
up €207,911 (+48.8%), from €426,064 to €633,976
mainly Net result for the year (+€195,456) and Other debts (+€37,525)
- Tangible fixed assets -€24,203
down €24,203 (-10.2%), from €238,347 to €214,144
of which Furniture and vehicles: -€16,374
- Deferred charges and accrued income +€18,311
new in 2025: €18,311
- Reserves +€155,456
up €155,456 (+30.3%), from €513,546 to €669,002
of which Distributable reserves: +€155,456
- Other debts +€37,525
up €37,525 (+168.9%), from €22,223 to €59,747
- Tax, wage and social debts +€26,956
up €26,956 (+132.0%), from €20,415 to €47,371
of which Remuneration and social security: +€13,695
- Debts after one year -€15,698
down €15,698 (-19.5%), from €80,465 to €64,767
- Gross operating margin +€171,860
up €171,860 (+76.3%), from €225,313 to €397,172
- Staff costs +€41,274
up €41,274 (+90.2%), from €45,760 to €87,034
- Taxes +€34,572
up €34,572 (+71.9%), from €48,110 to €82,683
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 | €686,026 | €887,465 | +€201,440 | +29.4% |
| Fixed assets | 21/28 | €238,347 | €214,144 | -€24,203 | -10.2% |
| Tangible fixed assets | 22/27 | €238,347 | €214,144 | -€24,203 | -10.2% |
| Land and buildings | 22 | €178,871 | €172,726 | -€6,145 | -3.4% |
| Plant, machinery and equipment | 23 | €12,957 | €11,272 | -€1,684 | -13.0% |
| Furniture and vehicles | 24 | €46,520 | €30,146 | -€16,374 | -35.2% |
| Current assets | 29/58 | €447,679 | €673,321 | +€225,642 | +50.4% |
| Amounts receivable within one year | 40/41 | €21,615 | €21,035 | -€580 | -2.7% |
| Trade receivables | 40 | €20,113 | €18,287 | -€1,827 | -9.1% |
| Other amounts receivable | 41 | €1,502 | €2,749 | +€1,247 | +83.0% |
| Cash at bank and in hand | 54/58 | €426,064 | €633,976 | +€207,911 | +48.8% |
| Deferred charges and accrued income | 490/1 | - | €18,311 | +€18,311 | |
| Total equity and liabilities | 10/49 | €686,026 | €887,465 | +€201,440 | +29.4% |
| Equity | 10/15 | €520,546 | €676,002 | +€155,456 | +29.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €513,546 | €669,002 | +€155,456 | +30.3% |
| Non-distributable reserves | 130/1 | €1,647 | €1,647 | = | 0.0% |
| Other | 1319 | €1,647 | €1,647 | = | 0.0% |
| Distributable reserves | 133 | €511,900 | €667,356 | +€155,456 | +30.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €165,480 | €211,463 | +€45,983 | +27.8% |
| Amounts payable after more than one year | 17 | €80,465 | €64,767 | -€15,698 | -19.5% |
| Financial debts | 170/4 | €80,465 | €64,767 | -€15,698 | -19.5% |
| Amounts payable within one year | 42/48 | €85,015 | €146,696 | +€61,682 | +72.6% |
| Current portion of amounts payable after more than one year | 42 | €18,712 | €15,065 | -€3,648 | -19.5% |
| Trade debts | 44 | €23,665 | €24,514 | +€849 | +3.6% |
| Suppliers | 440/4 | €23,665 | €24,514 | +€849 | +3.6% |
| Taxes, remuneration and social security | 45 | €20,415 | €47,371 | +€26,956 | +132.0% |
| Taxes | 450/3 | €18,008 | €31,268 | +€13,261 | +73.6% |
| Remuneration and social security | 454/9 | €2,407 | €16,102 | +€13,695 | +568.9% |
| Other amounts payable | 47/48 | €22,223 | €59,747 | +€37,525 | +168.9% |
| Remuneration, social security and pensions | 62 | €45,760 | €87,034 | +€41,274 | +90.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,964 | €24,203 | +€1,239 | +5.4% |
| Other operating charges | 640/8 | €1,903 | €4,310 | +€2,407 | +126.5% |
| Gross operating margin | 9900 | €225,313 | €397,172 | +€171,860 | +76.3% |
| Operating profit (loss) | 9901 | €154,685 | €281,625 | +€126,940 | +82.1% |
| Financial income | 75/76B | €1,445 | €3,106 | +€1,662 | +115.0% |
| Recurring financial income | 75 | €1,445 | €3,106 | +€1,662 | +115.0% |
| Financial charges | 65/66B | €3,082 | €6,593 | +€3,511 | +113.9% |
| Recurring financial charges | 65 | €3,082 | €6,593 | +€3,511 | +113.9% |
| Profit (loss) for the period before taxes | 9903 | €153,048 | €278,139 | +€125,091 | +81.7% |
| Income taxes | 67/77 | €48,110 | €82,683 | +€34,572 | +71.9% |
| Profit (loss) for the period | 9904 | €104,937 | €195,456 | +€90,519 | +86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €104,937 | €195,456 | +€90,519 | +86.3% |
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.