JCMK Management: 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.
JCMK Management
Largest movements
- Receivables within one year +€12,420
up €12,420 (+152%), from €8,150 to €20,570
- Debts after one year -€85,132
down €85,132 (-10.6%), from €806,550 to €721,419
- Short-term financial debts +€85,132
new in 2025: €85,132
- Current portion of long-term debt -€82,276
no longer reported in 2025 (was €82,276)
- Reserves +€63,398
up €63,398 (+213%), from €29,793 to €93,191
- Tax, wage and social debts +€24,169
up €24,169 (+103%), from €23,420 to €47,589
of which Taxes: +€24,169
- Gross operating margin +€32,281
up €32,281 (+37.9%), from €85,198 to €117,479
- Financial charges -€13,078
down €13,078 (-30.9%), from €42,309 to €29,230
- Taxes +€12,696
up €12,696 (+112%), from €11,386 to €24,082
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 | €966,928 | €973,888 | +€6,960 | +0.7% |
| Fixed assets | 21/28 | €943,292 | €942,923 | -€369 | 0.0% |
| Tangible fixed assets | 22/27 | €924 | €555 | -€369 | -39.9% |
| Furniture and vehicles | 24 | €924 | €555 | -€369 | -39.9% |
| Financial fixed assets | 28 | €942,369 | €942,369 | = | 0.0% |
| Current assets | 29/58 | €23,636 | €30,965 | +€7,329 | +31.0% |
| Amounts receivable within one year | 40/41 | €8,150 | €20,570 | +€12,420 | +152% |
| Trade receivables | 40 | €8,150 | €20,570 | +€12,420 | +152% |
| Cash at bank and in hand | 54/58 | €15,486 | €10,395 | -€5,091 | -32.9% |
| Total equity and liabilities | 10/49 | €966,928 | €973,888 | +€6,960 | +0.7% |
| Equity | 10/15 | €33,793 | €97,191 | +€63,398 | +188% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €29,793 | €93,191 | +€63,398 | +213% |
| Distributable reserves | 133 | €29,793 | €93,191 | +€63,398 | +213% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €933,135 | €876,697 | -€56,438 | -6.0% |
| Amounts payable after more than one year | 17 | €806,550 | €721,419 | -€85,132 | -10.6% |
| Financial debts | 170/4 | €806,550 | €721,419 | -€85,132 | -10.6% |
| Amounts payable within one year | 42/48 | €126,585 | €155,278 | +€28,693 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €82,276 | - | -€82,276 | |
| Financial debts | 43 | - | €85,132 | +€85,132 | |
| Credit institutions | 430/8 | - | €85,132 | +€85,132 | |
| Trade debts | 44 | €464 | €1,034 | +€570 | +123% |
| Suppliers | 440/4 | €464 | €1,034 | +€570 | +123% |
| Taxes, remuneration and social security | 45 | €23,420 | €47,589 | +€24,169 | +103% |
| Taxes | 450/3 | €20,984 | €45,153 | +€24,169 | +115% |
| Remuneration and social security | 454/9 | €2,436 | €2,436 | = | 0.0% |
| Other amounts payable | 47/48 | €20,425 | €21,524 | +€1,099 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,265 | €369 | -€897 | -70.9% |
| Other operating charges | 640/8 | €445 | €400 | -€46 | -10.3% |
| Gross operating margin | 9900 | €85,198 | €117,479 | +€32,281 | +37.9% |
| Operating profit (loss) | 9901 | €83,487 | €116,710 | +€33,223 | +39.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €42,309 | €29,230 | -€13,078 | -30.9% |
| Recurring financial charges | 65 | €42,309 | €29,230 | -€13,078 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €41,179 | €87,480 | +€46,301 | +112% |
| Income taxes | 67/77 | €11,386 | €24,082 | +€12,696 | +112% |
| Profit (loss) for the period | 9904 | €29,793 | €63,398 | +€33,605 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €29,793 | €63,398 | +€33,605 | +113% |
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.