JCPC: 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.
JCPC
Largest movements
- Receivables within one year +€26,570
up €26,570 (+105.7%), from €25,130 to €51,700
of which Trade receivables: +€19,426
- Tangible fixed assets -€7,058
down €7,058 (-6.4%), from €109,454 to €102,396
of which Land and buildings: -€7,056
- Receivables after one year +€5,600
up €5,600 (+12.9%), from €43,430 to €49,030
of which Trade receivables: +€49,030
- Deferred charges and accrued income +€5,104
up €5,104 (+286.7%), from €1,780 to €6,885
- Cash +€4,435
up €4,435 (+233.9%), from €1,896 to €6,331
mainly Net result for the year (+€29,936) and Other debts (+€27,448)
- Other debts +€27,448
up €27,448 (+1355.2%), from €2,025 to €29,473
- Trade debts +€10,265
up €10,265 (+89.6%), from €11,455 to €21,720
- Debts after one year -€5,718
down €5,718 (-5.7%), from €100,414 to €94,696
- Tax, wage and social debts +€5,475
up €5,475 (+410.6%), from €1,333 to €6,808
- Accrued charges and deferred income -€2,612
down €2,612 (-68.5%), from €3,812 to €1,200
- Gross operating margin +€36,048
up €36,048 (+202.0%), from €17,849 to €53,897
- Taxes +€8,167
up €8,167 (+1061.1%), from €770 to €8,937
- Depreciation -€2,545
down €2,545 (-19.5%), from €13,021 to €10,476
- Financial income -€1,478
down €1,478 (-96.5%), from €1,532 to €54
- Financial charges -€943
down €943 (-22.2%), from €4,252 to €3,309
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.
Cash bridge derived
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 | €184,479 | €219,965 | +€35,486 | +19.2% |
| Fixed assets | 21/28 | €109,454 | €102,396 | -€7,058 | -6.4% |
| Tangible fixed assets | 22/27 | €109,454 | €102,396 | -€7,058 | -6.4% |
| Land and buildings | 22 | €103,162 | €96,107 | -€7,056 | -6.8% |
| Plant, machinery and equipment | 23 | €5,953 | €4,579 | -€1,374 | -23.1% |
| Furniture and vehicles | 24 | €339 | €1,711 | +€1,372 | +405.2% |
| Current assets | 29/58 | €75,025 | €117,569 | +€42,544 | +56.7% |
| Amounts receivable after more than one year | 29 | €43,430 | €49,030 | +€5,600 | +12.9% |
| Trade receivables | 290 | - | €49,030 | +€49,030 | |
| Other amounts receivable | 291 | €43,430 | - | -€43,430 | |
| Stocks and contracts in progress | 3 | €2,789 | €3,623 | +€834 | +29.9% |
| Stocks | 30/36 | €2,789 | €3,623 | +€834 | +29.9% |
| Amounts receivable within one year | 40/41 | €25,130 | €51,700 | +€26,570 | +105.7% |
| Trade receivables | 40 | €20,768 | €40,195 | +€19,426 | +93.5% |
| Other amounts receivable | 41 | €4,361 | €11,505 | +€7,144 | +163.8% |
| Cash at bank and in hand | 54/58 | €1,896 | €6,331 | +€4,435 | +233.9% |
| Deferred charges and accrued income | 490/1 | €1,780 | €6,885 | +€5,104 | +286.7% |
| Total equity and liabilities | 10/49 | €184,479 | €219,965 | +€35,486 | +19.2% |
| Equity | 10/15 | €59,887 | €60,350 | +€463 | +0.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €57,350 | €57,350 | = | 0.0% |
| Distributable reserves | 133 | €57,350 | €57,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€463 | - | +€463 | |
| Amounts payable | 17/49 | €124,593 | €159,615 | +€35,023 | +28.1% |
| Amounts payable after more than one year | 17 | €100,414 | €94,696 | -€5,718 | -5.7% |
| Financial debts | 170/4 | €100,414 | €94,696 | -€5,718 | -5.7% |
| Amounts payable within one year | 42/48 | €20,366 | €63,719 | +€43,353 | +212.9% |
| Current portion of amounts payable after more than one year | 42 | €5,552 | €5,718 | +€165 | +3.0% |
| Trade debts | 44 | €11,455 | €21,720 | +€10,265 | +89.6% |
| Suppliers | 440/4 | €11,455 | €21,720 | +€10,265 | +89.6% |
| Taxes, remuneration and social security | 45 | €1,333 | €6,808 | +€5,475 | +410.6% |
| Taxes | 450/3 | €1,333 | €6,808 | +€5,475 | +410.6% |
| Other amounts payable | 47/48 | €2,025 | €29,473 | +€27,448 | +1355.2% |
| Accrued charges and deferred income | 492/3 | €3,812 | €1,200 | -€2,612 | -68.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,021 | €10,476 | -€2,545 | -19.5% |
| Other operating charges | 640/8 | €1,517 | €1,292 | -€224 | -14.8% |
| Non-recurring operating charges | 66A | €284 | - | -€284 | |
| Gross operating margin | 9900 | €17,849 | €53,897 | +€36,048 | +202.0% |
| Operating profit (loss) | 9901 | €3,027 | €42,128 | +€39,102 | +1291.9% |
| Financial income | 75/76B | €1,532 | €54 | -€1,478 | -96.5% |
| Recurring financial income | 75 | €1,532 | €54 | -€1,478 | -96.5% |
| Financial charges | 65/66B | €4,252 | €3,309 | -€943 | -22.2% |
| Recurring financial charges | 65 | €4,252 | €3,309 | -€943 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €307 | €38,873 | +€38,566 | +12571.7% |
| Income taxes | 67/77 | €770 | €8,937 | +€8,167 | +1061.1% |
| Profit (loss) for the period | 9904 | -€463 | €29,936 | +€30,399 | |
| Profit (loss) for the period to be appropriated | 9905 | -€463 | €29,936 | +€30,399 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.