JCM - ELEC: 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.
JCM - ELEC
Largest movements
- Receivables within one year +€20,096
up €20,096 (+16.4%), from €122,676 to €142,772
of which Other amounts receivable: +€19,135
- Profit (loss) carried forward +€25,163
up €25,163 (+29.4%), from €85,693 to €110,856
- Short-term financial debts -€6,723
down €6,723 (-70.0%), from €9,599 to €2,876
- Trade debts +€3,374
up €3,374 (+206%), from €1,638 to €5,012
- Gross operating margin +€38,962
up €38,962, from -€7,982 to €30,980
- Taxes +€10,920
up €10,920 (+3,360%), from €325 to €11,245
- Financial charges -€794
down €794 (-48.0%), from €1,654 to €860
- Staff costs +€520
up €520 (+839%), from €62 to €582
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,741 | €144,648 | +€19,907 | +16.0% |
| Fixed assets | 21/28 | €2,038 | €1,838 | -€200 | -9.8% |
| Tangible fixed assets | 22/27 | €1,492 | €1,292 | -€200 | -13.4% |
| Plant, machinery and equipment | 23 | €1,492 | €1,292 | -€200 | -13.4% |
| Financial fixed assets | 28 | €546 | €546 | = | 0.0% |
| Current assets | 29/58 | €122,703 | €142,810 | +€20,107 | +16.4% |
| Amounts receivable within one year | 40/41 | €122,676 | €142,772 | +€20,096 | +16.4% |
| Trade receivables | 40 | €523 | €1,484 | +€961 | +184% |
| Other amounts receivable | 41 | €122,153 | €141,288 | +€19,135 | +15.7% |
| Deferred charges and accrued income | 490/1 | €27 | €38 | +€11 | +40.7% |
| Total equity and liabilities | 10/49 | €124,741 | €144,648 | +€19,907 | +16.0% |
| Equity | 10/15 | €99,952 | €125,115 | +€25,163 | +25.2% |
| Contributions | 10/11 | €14,259 | €14,259 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,693 | €110,856 | +€25,163 | +29.4% |
| Amounts payable | 17/49 | €24,789 | €19,533 | -€5,256 | -21.2% |
| Amounts payable within one year | 42/48 | €23,947 | €19,233 | -€4,714 | -19.7% |
| Financial debts | 43 | €9,599 | €2,876 | -€6,723 | -70.0% |
| Credit institutions | 430/8 | €9,599 | €2,876 | -€6,723 | -70.0% |
| Trade debts | 44 | €1,638 | €5,012 | +€3,374 | +206% |
| Suppliers | 440/4 | €1,638 | €5,012 | +€3,374 | +206% |
| Taxes, remuneration and social security | 45 | €11,710 | €11,245 | -€465 | -4.0% |
| Taxes | 450/3 | €11,710 | €11,245 | -€465 | -4.0% |
| Other amounts payable | 47/48 | €1,000 | €100 | -€900 | -90.0% |
| Accrued charges and deferred income | 492/3 | €842 | €300 | -€542 | -64.4% |
| Remuneration, social security and pensions | 62 | €62 | €582 | +€520 | +839% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €200 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€199 | - | +€199 | |
| Gross operating margin | 9900 | -€7,982 | €30,980 | +€38,962 | |
| Operating profit (loss) | 9901 | -€8,045 | €30,198 | +€38,243 | |
| Financial income | 75/76B | €7,328 | €7,070 | -€258 | -3.5% |
| Recurring financial income | 75 | €7,328 | €7,070 | -€258 | -3.5% |
| Financial charges | 65/66B | €1,654 | €860 | -€794 | -48.0% |
| Recurring financial charges | 65 | €1,654 | €860 | -€794 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,371 | €36,408 | +€38,779 | |
| Income taxes | 67/77 | €325 | €11,245 | +€10,920 | +3,360% |
| Profit (loss) for the period | 9904 | -€2,696 | €25,163 | +€27,859 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,696 | €25,163 | +€27,859 |
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 23 October 2026 via checked.be.