JCM IMMO: 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 IMMO
Largest movements
- Tangible fixed assets -€18,876
down €18,876 (-11.8%), from €159,392 to €140,516
- Cash +€8,969
up €8,969 (+33.0%), from €27,166 to €36,135
mainly Depreciation (+€18,876) and Net result for the year (+€9,640)
- Debts after one year -€23,426
down €23,426 (-18.8%), from €124,903 to €101,478
- Profit (loss) carried forward +€9,640
up €9,640 (+58.4%), from €16,499 to €26,139
- Tax, wage and social debts +€3,509
up €3,509 (+121%), from €2,897 to €6,407
- Gross operating margin +€2,200
up €2,200 (+6.8%), from €32,351 to €34,551
- Taxes +€612
up €612 (+21.1%), from €2,897 to €3,509
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 | €186,558 | €176,651 | -€9,907 | -5.3% |
| Fixed assets | 21/28 | €159,392 | €140,516 | -€18,876 | -11.8% |
| Tangible fixed assets | 22/27 | €159,392 | €140,516 | -€18,876 | -11.8% |
| Land and buildings | 22 | €159,392 | €140,516 | -€18,876 | -11.8% |
| Current assets | 29/58 | €27,166 | €36,135 | +€8,969 | +33.0% |
| Cash at bank and in hand | 54/58 | €27,166 | €36,135 | +€8,969 | +33.0% |
| Total equity and liabilities | 10/49 | €186,558 | €176,651 | -€9,907 | -5.3% |
| Equity | 10/15 | €35,099 | €44,739 | +€9,640 | +27.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,499 | €26,139 | +€9,640 | +58.4% |
| Amounts payable | 17/49 | €151,459 | €131,912 | -€19,547 | -12.9% |
| Amounts payable after more than one year | 17 | €124,903 | €101,478 | -€23,426 | -18.8% |
| Financial debts | 170/4 | €124,903 | €101,478 | -€23,426 | -18.8% |
| Amounts payable within one year | 42/48 | €26,535 | €30,393 | +€3,858 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €23,077 | €23,426 | +€349 | +1.5% |
| Taxes, remuneration and social security | 45 | €2,897 | €6,407 | +€3,509 | +121% |
| Taxes | 450/3 | €2,897 | €6,407 | +€3,509 | +121% |
| Other amounts payable | 47/48 | €560 | €560 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €21 | €42 | +€21 | +99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,876 | €18,876 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €32,351 | €34,551 | +€2,200 | +6.8% |
| Operating profit (loss) | 9901 | €13,088 | €15,275 | +€2,187 | +16.7% |
| Financial charges | 65/66B | €2,455 | €2,125 | -€330 | -13.4% |
| Recurring financial charges | 65 | €2,455 | €2,125 | -€330 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €10,632 | €13,150 | +€2,517 | +23.7% |
| Income taxes | 67/77 | €2,897 | €3,509 | +€612 | +21.1% |
| Profit (loss) for the period | 9904 | €7,735 | €9,640 | +€1,905 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,735 | €9,640 | +€1,905 | +24.6% |
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 17 October 2026 via checked.be.