JCL BUSINESS: 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.
JCL BUSINESS
Largest movements
- Tangible fixed assets -€9,194
down €9,194 (-94.9%), from €9,689 to €495
of which Furniture and vehicles: -€9,029
- Receivables within one year -€7,444
down €7,444 (-96.8%), from €7,694 to €250
- Cash -€526
down €526 (-41.9%), from €1,257 to €731
mainly Other debts (-€47,516) and Tax, wage and social debts (-€2,829)
- Deferred charges and accrued income +€409
up €409 (+330%), from €124 to €532
- Other debts -€47,516
down €47,516 (-9.7%), from €488,110 to €440,593
- Profit (loss) carried forward +€33,378
up €33,378 (+5.1%), from -€650,724 to -€617,345
- Tax, wage and social debts -€2,829
down €2,829 (-49.3%), from €5,738 to €2,909
- Advances received -€2,118
no longer reported in 2025 (was €2,118)
- Accrued charges and deferred income +€1,350
up €1,350 (+50.0%), from €2,700 to €4,050
- Gross operating margin -€27,205
down €27,205 (-38.3%), from €71,021 to €43,816
- Other operating charges +€8,045
up €8,045 (+582%), from €1,381 to €9,427
- Depreciation -€1,929
down €1,929 (-81.9%), from €2,357 to €428
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 | €18,764 | €2,008 | -€16,756 | -89.3% |
| Fixed assets | 21/28 | €9,689 | €495 | -€9,194 | -94.9% |
| Tangible fixed assets | 22/27 | €9,689 | €495 | -€9,194 | -94.9% |
| Furniture and vehicles | 24 | €9,029 | - | -€9,029 | |
| Other tangible fixed assets | 26 | €660 | €495 | -€165 | -25.0% |
| Current assets | 29/58 | €9,074 | €1,513 | -€7,561 | -83.3% |
| Amounts receivable within one year | 40/41 | €7,694 | €250 | -€7,444 | -96.8% |
| Trade receivables | 40 | €7,694 | €250 | -€7,444 | -96.8% |
| Cash at bank and in hand | 54/58 | €1,257 | €731 | -€526 | -41.9% |
| Deferred charges and accrued income | 490/1 | €124 | €532 | +€409 | +330% |
| Total equity and liabilities | 10/49 | €18,764 | €2,008 | -€16,756 | -89.3% |
| Equity | 10/15 | -€482,724 | -€449,345 | +€33,378 | +6.9% |
| Contributions | 10/11 | €165,000 | €165,000 | = | 0.0% |
| Capital | 10 | €165,000 | €165,000 | = | 0.0% |
| Issued capital | 100 | €165,000 | €165,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Legal reserve | 130 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€650,724 | -€617,345 | +€33,378 | +5.1% |
| Amounts payable | 17/49 | €501,487 | €451,353 | -€50,134 | -10.0% |
| Amounts payable within one year | 42/48 | €498,787 | €447,303 | -€51,484 | -10.3% |
| Trade debts | 44 | €2,822 | €3,801 | +€979 | +34.7% |
| Suppliers | 440/4 | €2,822 | €3,801 | +€979 | +34.7% |
| Advances received on contracts in progress | 46 | €2,118 | - | -€2,118 | |
| Taxes, remuneration and social security | 45 | €5,738 | €2,909 | -€2,829 | -49.3% |
| Taxes | 450/3 | €5,738 | €2,909 | -€2,829 | -49.3% |
| Other amounts payable | 47/48 | €488,110 | €440,593 | -€47,516 | -9.7% |
| Accrued charges and deferred income | 492/3 | €2,700 | €4,050 | +€1,350 | +50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,357 | €428 | -€1,929 | -81.9% |
| Other operating charges | 640/8 | €1,381 | €9,427 | +€8,045 | +582% |
| Gross operating margin | 9900 | €71,021 | €43,816 | -€27,205 | -38.3% |
| Operating profit (loss) | 9901 | €67,282 | €33,962 | -€33,321 | -49.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €367 | €96 | -€271 | -73.7% |
| Recurring financial charges | 65 | €367 | €96 | -€271 | -73.7% |
| Profit (loss) for the period before taxes | 9903 | €66,915 | €33,866 | -€33,049 | -49.4% |
| Income taxes | 67/77 | €165 | €488 | +€323 | +196% |
| Profit (loss) for the period | 9904 | €66,750 | €33,378 | -€33,372 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,750 | €33,378 | -€33,372 | -50.0% |
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 20 October 2026 via checked.be.