JCQ HOLDING: 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.
JCQ HOLDING
Largest movements
- Receivables after one year +€128,188
up €128,188 (+165%), from €77,610 to €205,798
- Reserves +€315,943
up €315,943 (+57.7%), from €547,520 to €863,463
- Debts after one year -€174,993
down €174,993 (-37.5%), from €466,676 to €291,683
- Other debts -€135,500
no longer reported in 2025 (was €135,500)
- Current portion of long-term debt +€74,997
up €74,997 (+300%), from €24,999 to €99,996
- Tax, wage and social debts +€37,233
up €37,233 (+144%), from €25,840 to €63,073
- Gross operating margin -€49,931
down €49,931 (-27.8%), from €179,710 to €129,779
- Financial income +€25,000
up €25,000 (+12.5%), from €200,000 to €225,000
- Financial charges -€8,937
down €8,937 (-37.0%), from €24,126 to €15,189
- Taxes -€2,193
down €2,193 (-8.5%), from €25,840 to €23,648
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 | €1,205,606 | €1,337,985 | +€132,380 | +11.0% |
| Fixed assets | 21/28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €205,606 | €337,985 | +€132,380 | +64.4% |
| Amounts receivable after more than one year | 29 | €77,610 | €205,798 | +€128,188 | +165% |
| Other amounts receivable | 291 | €77,610 | €205,798 | +€128,188 | +165% |
| Amounts receivable within one year | 40/41 | €115,507 | €127,110 | +€11,603 | +10.0% |
| Other amounts receivable | 41 | €115,507 | €127,110 | +€11,603 | +10.0% |
| Cash at bank and in hand | 54/58 | €12,186 | €5,078 | -€7,108 | -58.3% |
| Deferred charges and accrued income | 490/1 | €303 | - | -€303 | |
| Total equity and liabilities | 10/49 | €1,205,606 | €1,337,985 | +€132,380 | +11.0% |
| Equity | 10/15 | €552,520 | €868,463 | +€315,943 | +57.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €547,520 | €863,463 | +€315,943 | +57.7% |
| Distributable reserves | 133 | €547,520 | €863,463 | +€315,943 | +57.7% |
| Amounts payable | 17/49 | €653,085 | €469,522 | -€183,563 | -28.1% |
| Amounts payable after more than one year | 17 | €466,676 | €291,683 | -€174,993 | -37.5% |
| Financial debts | 170/4 | €466,676 | €291,683 | -€174,993 | -37.5% |
| Amounts payable within one year | 42/48 | €186,409 | €177,839 | -€8,570 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €24,999 | €99,996 | +€74,997 | +300% |
| Trade debts | 44 | €70 | €14,770 | +€14,700 | +21,000% |
| Suppliers | 440/4 | €70 | €14,770 | +€14,700 | +21,000% |
| Taxes, remuneration and social security | 45 | €25,840 | €63,073 | +€37,233 | +144% |
| Taxes | 450/3 | €25,840 | €63,073 | +€37,233 | +144% |
| Other amounts payable | 47/48 | €135,500 | - | -€135,500 | |
| Other operating charges | 640/8 | €194 | - | -€194 | |
| Gross operating margin | 9900 | €179,710 | €129,779 | -€49,931 | -27.8% |
| Operating profit (loss) | 9901 | €179,516 | €129,779 | -€49,737 | -27.7% |
| Financial income | 75/76B | €200,000 | €225,000 | +€25,000 | +12.5% |
| Recurring financial income | 75 | €200,000 | €225,000 | +€25,000 | +12.5% |
| Financial charges | 65/66B | €24,126 | €15,189 | -€8,937 | -37.0% |
| Recurring financial charges | 65 | €24,126 | €15,189 | -€8,937 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €355,390 | €339,590 | -€15,800 | -4.4% |
| Income taxes | 67/77 | €25,840 | €23,648 | -€2,193 | -8.5% |
| Profit (loss) for the period | 9904 | €329,550 | €315,943 | -€13,608 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €329,550 | €315,943 | -€13,608 | -4.1% |
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 20 October 2026 via checked.be.