JCL DRIVING: what changed
JCL DRIVING
Largest movements
- Receivables within one year -€128,937
down €128,937 (-93.2%), from €138,415 to €9,478
of which Trade receivables: -€109,017
- Tangible fixed assets -€21,565
down €21,565 (-16.2%), from €133,002 to €111,437
of which Plant, machinery and equipment: -€12,205
- Cash -€13,353
down €13,353 (-20.5%), from €65,076 to €51,723
mainly Trade debts (-€131,579) and Net result for the year (-€18,167)
- Trade debts -€131,579
down €131,579 (-89.7%), from €146,658 to €15,079
- Profit (loss) carried forward -€18,167
down €18,167 (-21.2%), from €85,620 to €67,452
- Other debts -€10,250
down €10,250 (-68.3%), from €15,000 to €4,750
- Tax, wage and social debts -€3,859
down €3,859 (-47.3%), from €8,156 to €4,297
- Gross operating margin -€120,905
down €120,905 (-76.5%), from €158,068 to €37,163
- Taxes -€37,948
down €37,948 (-99.5%), from €38,156 to €208
- Staff costs +€16,326
up €16,326 (+144%), from €11,349 to €27,675
- Depreciation +€6,059
up €6,059 (+33.0%), from €18,351 to €24,410
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €336,494 | €172,638 | -€163,856 | -48.7% |
| Fixed assets | 21/28 | €133,002 | €111,437 | -€21,565 | -16.2% |
| Tangible fixed assets | 22/27 | €133,002 | €111,437 | -€21,565 | -16.2% |
| Plant, machinery and equipment | 23 | €85,037 | €72,833 | -€12,205 | -14.4% |
| Furniture and vehicles | 24 | €26,785 | €19,714 | -€7,070 | -26.4% |
| Other tangible fixed assets | 26 | €21,180 | €18,890 | -€2,290 | -10.8% |
| Current assets | 29/58 | €203,491 | €61,201 | -€142,290 | -69.9% |
| Amounts receivable within one year | 40/41 | €138,415 | €9,478 | -€128,937 | -93.2% |
| Trade receivables | 40 | €118,496 | €9,478 | -€109,017 | -92.0% |
| Other amounts receivable | 41 | €19,920 | - | -€19,920 | |
| Cash at bank and in hand | 54/58 | €65,076 | €51,723 | -€13,353 | -20.5% |
| Total equity and liabilities | 10/49 | €336,494 | €172,638 | -€163,856 | -48.7% |
| Equity | 10/15 | €166,680 | €148,512 | -€18,167 | -10.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €74,860 | €74,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €74,860 | €74,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €73,000 | €73,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,620 | €67,452 | -€18,167 | -21.2% |
| Amounts payable | 17/49 | €169,814 | €24,126 | -€145,688 | -85.8% |
| Amounts payable within one year | 42/48 | €169,814 | €24,126 | -€145,688 | -85.8% |
| Trade debts | 44 | €146,658 | €15,079 | -€131,579 | -89.7% |
| Suppliers | 440/4 | €146,658 | €15,079 | -€131,579 | -89.7% |
| Taxes, remuneration and social security | 45 | €8,156 | €4,297 | -€3,859 | -47.3% |
| Taxes | 450/3 | €8,156 | €4,297 | -€3,859 | -47.3% |
| Other amounts payable | 47/48 | €15,000 | €4,750 | -€10,250 | -68.3% |
| Non-recurring operating income | 76A | €170,000 | - | -€170,000 | |
| Remuneration, social security and pensions | 62 | €11,349 | €27,675 | +€16,326 | +144% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,351 | €24,410 | +€6,059 | +33.0% |
| Other operating charges | 640/8 | €1,002 | €1,993 | +€992 | +99.0% |
| Non-recurring operating charges | 66A | - | €19 | +€19 | |
| Gross operating margin | 9900 | €158,068 | €37,163 | -€120,905 | -76.5% |
| Operating profit (loss) | 9901 | €127,366 | -€16,934 | -€144,300 | |
| Financial income | 75/76B | €745 | €319 | -€426 | -57.2% |
| Recurring financial income | 75 | €745 | €319 | -€426 | -57.2% |
| Financial charges | 65/66B | €861 | €1,345 | +€484 | +56.2% |
| Recurring financial charges | 65 | €861 | €1,345 | +€484 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | €127,250 | -€17,959 | -€145,210 | |
| Income taxes | 67/77 | €38,156 | €208 | -€37,948 | -99.5% |
| Profit (loss) for the period | 9904 | €89,094 | -€18,167 | -€107,262 | |
| Profit (loss) for the period to be appropriated | 9905 | €89,094 | -€18,167 | -€107,262 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.