JCK: 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.
JCK
Largest movements
- Cash +€11,058
up €11,058 (+113%), from €9,771 to €20,829
mainly Net result for the year (+€7,235) and Other debts (+€3,218)
- Receivables within one year -€1,470
down €1,470 (-15.0%), from €9,797 to €8,327
of which Trade receivables: -€2,224
- Stocks and contracts +€936
up €936 (+8.4%), from €11,147 to €12,084
of which Stocks: +€1,376
- Reserves +€7,235
up €7,235 (+11,548%), from €63 to €7,298
- Other debts +€3,218
up €3,218 (+15.3%), from €21,010 to €24,228
- Accrued charges and deferred income +€1,521
new in 2025: €1,521
- Trade debts -€749
down €749 (-42.4%), from €1,765 to €1,016
- Tax, wage and social debts -€455
down €455 (-47.2%), from €964 to €509
- Gross operating margin -€2,886
down €2,886 (-19.7%), from €14,676 to €11,789
- Taxes +€1,727
up €1,727 (+106%), from €1,626 to €3,353
- Financial charges +€473
up €473 (+475%), from €99 to €572
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 | €31,002 | €41,773 | +€10,771 | +34.7% |
| Fixed assets | 21/28 | €165 | €165 | = | 0.0% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €30,837 | €41,608 | +€10,771 | +34.9% |
| Stocks and contracts in progress | 3 | €11,147 | €12,084 | +€936 | +8.4% |
| Stocks | 30/36 | €1,087 | €2,464 | +€1,376 | +127% |
| Contracts in progress | 37 | €10,060 | €9,620 | -€440 | -4.4% |
| Amounts receivable within one year | 40/41 | €9,797 | €8,327 | -€1,470 | -15.0% |
| Trade receivables | 40 | €6,822 | €4,598 | -€2,224 | -32.6% |
| Other amounts receivable | 41 | €2,975 | €3,729 | +€754 | +25.4% |
| Cash at bank and in hand | 54/58 | €9,771 | €20,829 | +€11,058 | +113% |
| Deferred charges and accrued income | 490/1 | €122 | €368 | +€246 | +201% |
| Total equity and liabilities | 10/49 | €31,002 | €41,773 | +€10,771 | +34.7% |
| Equity | 10/15 | €6,263 | €13,498 | +€7,235 | +116% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €63 | €7,298 | +€7,235 | +11,548% |
| Distributable reserves | 133 | €63 | €7,298 | +€7,235 | +11,548% |
| Amounts payable | 17/49 | €24,739 | €28,275 | +€3,536 | +14.3% |
| Amounts payable within one year | 42/48 | €24,739 | €26,754 | +€2,015 | +8.1% |
| Trade debts | 44 | €1,765 | €1,016 | -€749 | -42.4% |
| Suppliers | 440/4 | €1,765 | €1,016 | -€749 | -42.4% |
| Advances received on contracts in progress | 46 | €1,000 | €1,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €964 | €509 | -€455 | -47.2% |
| Taxes | 450/3 | €964 | €509 | -€455 | -47.2% |
| Other amounts payable | 47/48 | €21,010 | €24,228 | +€3,218 | +15.3% |
| Accrued charges and deferred income | 492/3 | - | €1,521 | +€1,521 | |
| Other operating charges | 640/8 | €765 | €640 | -€125 | -16.4% |
| Gross operating margin | 9900 | €14,676 | €11,789 | -€2,886 | -19.7% |
| Operating profit (loss) | 9901 | €13,911 | €11,150 | -€2,761 | -19.8% |
| Financial income | 75/76B | €32 | €11 | -€21 | -65.4% |
| Recurring financial income | 75 | €32 | €11 | -€21 | -65.4% |
| Financial charges | 65/66B | €99 | €572 | +€473 | +475% |
| Recurring financial charges | 65 | €99 | €572 | +€473 | +475% |
| Profit (loss) for the period before taxes | 9903 | €13,843 | €10,588 | -€3,254 | -23.5% |
| Income taxes | 67/77 | €1,626 | €3,353 | +€1,727 | +106% |
| Profit (loss) for the period | 9904 | €12,217 | €7,235 | -€4,982 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,217 | €7,235 | -€4,982 | -40.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.