JCUBE IMMO: what changed
Two fiscal 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.
JCUBE IMMO
Largest movements
- Receivables within one year +€7,841
up €7,841 (+1035.7%), from €757 to €8,598
of which Trade receivables: +€8,476
- Tangible fixed assets -€5,858
down €5,858 (-3.9%), from €149,990 to €144,132
- Reserves +€11,005
up €11,005 (+22.5%), from €48,993 to €59,998
- Debts after one year -€9,991
down €9,991 (-35.8%), from €27,937 to €17,945
- Depreciation -€1,965
down €1,965 (-25.1%), from €7,823 to €5,858
- Gross operating margin +€1,365
up €1,365 (+6.1%), from €22,238 to €23,603
- Taxes +€806
up €806 (+28.1%), from €2,872 to €3,678
- Other operating charges +€265
up €265 (+12.8%), from €2,065 to €2,329
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 | €243,731 | €243,984 | +€253 | +0.1% |
| Fixed assets | 21/28 | €149,990 | €144,132 | -€5,858 | -3.9% |
| Tangible fixed assets | 22/27 | €149,990 | €144,132 | -€5,858 | -3.9% |
| Land and buildings | 22 | €149,990 | €144,132 | -€5,858 | -3.9% |
| Current assets | 29/58 | €93,741 | €99,852 | +€6,111 | +6.5% |
| Amounts receivable within one year | 40/41 | €757 | €8,598 | +€7,841 | +1035.7% |
| Trade receivables | 40 | €121 | €8,598 | +€8,476 | +6985.7% |
| Other amounts receivable | 41 | €636 | - | -€636 | |
| Cash at bank and in hand | 54/58 | €92,426 | €90,650 | -€1,777 | -1.9% |
| Deferred charges and accrued income | 490/1 | €557 | €604 | +€47 | +8.4% |
| Total equity and liabilities | 10/49 | €243,731 | €243,984 | +€253 | +0.1% |
| Equity | 10/15 | €201,093 | €212,098 | +€11,005 | +5.5% |
| Contributions | 10/11 | €152,100 | €152,100 | = | 0.0% |
| Reserves | 13 | €48,993 | €59,998 | +€11,005 | +22.5% |
| Distributable reserves | 133 | €48,993 | €59,998 | +€11,005 | +22.5% |
| Amounts payable | 17/49 | €42,638 | €31,886 | -€10,752 | -25.2% |
| Amounts payable after more than one year | 17 | €27,937 | €17,945 | -€9,991 | -35.8% |
| Financial debts | 170/4 | €27,937 | €17,945 | -€9,991 | -35.8% |
| Amounts payable within one year | 42/48 | €12,185 | €11,503 | -€682 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €9,805 | €9,991 | +€187 | +1.9% |
| Trade debts | 44 | €1,509 | €1,338 | -€171 | -11.3% |
| Suppliers | 440/4 | €1,509 | €1,338 | -€171 | -11.3% |
| Taxes, remuneration and social security | 45 | €872 | €174 | -€698 | -80.1% |
| Taxes | 450/3 | €872 | €174 | -€698 | -80.1% |
| Accrued charges and deferred income | 492/3 | €2,516 | €2,437 | -€79 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,823 | €5,858 | -€1,965 | -25.1% |
| Other operating charges | 640/8 | €2,065 | €2,329 | +€265 | +12.8% |
| Gross operating margin | 9900 | €22,238 | €23,603 | +€1,365 | +6.1% |
| Operating profit (loss) | 9901 | €12,351 | €15,416 | +€3,065 | +24.8% |
| Financial charges | 65/66B | €917 | €733 | -€183 | -20.0% |
| Recurring financial charges | 65 | €917 | €733 | -€183 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €11,434 | €14,683 | +€3,248 | +28.4% |
| Income taxes | 67/77 | €2,872 | €3,678 | +€806 | +28.1% |
| Profit (loss) for the period | 9904 | €8,563 | €11,005 | +€2,442 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,563 | €11,005 | +€2,442 | +28.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.