JCK: 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.
JCK
Largest movements
- Cash -€2,227
no longer reported in 2025 (was €2,227)
mainly Trade debts (-€1,786) and Net result for the year (-€1,569)
- Receivables within one year -€926
down €926 (-48.7%), from €1,902 to €976
of which Trade receivables: -€1,006
- Stocks and contracts -€124
down €124 (-24.2%), from €511 to €388
- Trade debts -€1,786
down €1,786 (-43.5%), from €4,101 to €2,315
- Profit (loss) carried forward -€1,673
down €1,673 (-1.2%), from -€140,045 to -€141,717
- Tax, wage and social debts -€1,260
no longer reported in 2025 (was €1,260)
- Other debts +€1,185
up €1,185 (+1.3%), from €90,632 to €91,817
- Current portion of long-term debt +€257
up €257 (+1.0%), from €25,250 to €25,507
- Other operating charges -€738
down €738 (-87.3%), from €845 to €107
- Financial charges -€460
down €460 (-57.2%), from €804 to €344
- Gross operating margin -€398
down €398 (-55.2%), from -€721 to -€1,118
- Financial income -€113
no longer reported in 2025 (was €113)
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 | €4,640 | €1,364 | -€3,277 | -70.6% |
| Current assets | 29/58 | €4,640 | €1,364 | -€3,277 | -70.6% |
| Stocks and contracts in progress | 3 | €511 | €388 | -€124 | -24.2% |
| Stocks | 30/36 | €511 | €388 | -€124 | -24.2% |
| Amounts receivable within one year | 40/41 | €1,902 | €976 | -€926 | -48.7% |
| Trade receivables | 40 | €1,902 | €896 | -€1,006 | -52.9% |
| Other amounts receivable | 41 | - | €80 | +€80 | |
| Cash at bank and in hand | 54/58 | €2,227 | - | -€2,227 | |
| Total equity and liabilities | 10/49 | €4,640 | €1,364 | -€3,277 | -70.6% |
| Equity | 10/15 | -€116,602 | -€118,275 | -€1,673 | -1.4% |
| Contributions | 10/11 | €19,955 | €19,955 | = | 0.0% |
| Reserves | 13 | €3,487 | €3,487 | = | 0.0% |
| Distributable reserves | 133 | €3,487 | €3,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,045 | -€141,717 | -€1,673 | -1.2% |
| Amounts payable | 17/49 | €121,243 | €119,639 | -€1,604 | -1.3% |
| Amounts payable within one year | 42/48 | €121,243 | €119,639 | -€1,604 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €25,250 | €25,507 | +€257 | +1.0% |
| Trade debts | 44 | €4,101 | €2,315 | -€1,786 | -43.5% |
| Suppliers | 440/4 | €4,101 | €2,315 | -€1,786 | -43.5% |
| Taxes, remuneration and social security | 45 | €1,260 | - | -€1,260 | |
| Taxes | 450/3 | €1,260 | - | -€1,260 | |
| Other amounts payable | 47/48 | €90,632 | €91,817 | +€1,185 | +1.3% |
| Other operating charges | 640/8 | €845 | €107 | -€738 | -87.3% |
| Gross operating margin | 9900 | -€721 | -€1,118 | -€398 | -55.2% |
| Operating profit (loss) | 9901 | -€1,566 | -€1,226 | +€340 | +21.7% |
| Financial income | 75/76B | €113 | - | -€113 | |
| Recurring financial income | 75 | €113 | - | -€113 | |
| Financial charges | 65/66B | €804 | €344 | -€460 | -57.2% |
| Recurring financial charges | 65 | €804 | €344 | -€460 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,256 | -€1,569 | +€686 | +30.4% |
| Profit (loss) for the period | 9904 | -€2,256 | -€1,569 | +€686 | +30.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,256 | -€1,569 | +€686 | +30.4% |
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 3 October 2026 via checked.be.