JCX 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.
JCX IMMO
Largest movements
- Financial fixed assets -€1.5m
down €1.5m (-11.1%), from €13.3m to €11.9m
- Receivables within one year -€960,296
down €960,296 (-84.8%), from €1.1m to €171,749
of which Trade receivables: -€788,374
- Stocks and contracts +€265,400
up €265,400 (+47.0%), from €565,210 to €830,610
- Cash +€262,916
up €262,916 (+37222.3%), from €706 to €263,622
mainly Investment in fixed assets (net) (+€1.5m) and Receivables within one year (+€960,296)
- Profit (loss) carried forward -€1.8m
down €1.8m (-12.3%), from -€14.3m to -€16.1m
- Debts after one year -€271,158
down €271,158 (-2.2%), from €12.5m to €12.3m
- Financial income +€395,537
up €395,537 (+442.3%), from €89,426 to €484,963
of which Financial income: +€259,037
- Gross operating margin -€387,902
down €387,902, from €201,652 to -€186,250
- Financial charges -€313,576
down €313,576 (-13.4%), from €2.3m to €2.0m
of which Financial charges: -€200,104
- Other operating charges +€13,706
up €13,706 (+160.1%), from €8,560 to €22,266
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 | €15,112,344 | €13,210,494 | -€1.9m | -12.6% |
| Fixed assets | 21/28 | €13,414,325 | €11,942,519 | -€1.5m | -11.0% |
| Intangible fixed assets | 21 | - | €4,590 | +€4,590 | |
| Tangible fixed assets | 22/27 | €80,393 | €77,486 | -€2,907 | -3.6% |
| Land and buildings | 22 | €57,793 | €54,886 | -€2,907 | -5.0% |
| Other tangible fixed assets | 26 | €22,600 | €22,600 | = | 0.0% |
| Financial fixed assets | 28 | €13,333,932 | €11,860,443 | -€1.5m | -11.1% |
| Current assets | 29/58 | €1,698,019 | €1,267,975 | -€430,044 | -25.3% |
| Stocks and contracts in progress | 3 | €565,210 | €830,610 | +€265,400 | +47.0% |
| Stocks | 30/36 | €565,210 | €830,610 | +€265,400 | +47.0% |
| Amounts receivable within one year | 40/41 | €1,132,045 | €171,749 | -€960,296 | -84.8% |
| Trade receivables | 40 | €793,702 | €5,328 | -€788,374 | -99.3% |
| Other amounts receivable | 41 | €338,343 | €166,421 | -€171,922 | -50.8% |
| Cash at bank and in hand | 54/58 | €706 | €263,622 | +€262,916 | +37222.3% |
| Deferred charges and accrued income | 490/1 | €57 | €1,994 | +€1,937 | +3419.2% |
| Total equity and liabilities | 10/49 | €15,112,344 | €13,210,494 | -€1.9m | -12.6% |
| Equity | 10/15 | €2,267,426 | €498,077 | -€1.8m | -78.0% |
| Contributions | 10/11 | €15,905,078 | €15,905,078 | -€0 | 0.0% |
| Capital | 10 | €15,289,112 | €15,289,112 | +€0 | 0.0% |
| Issued capital | 100 | €15,289,112 | €15,289,112 | +€0 | 0.0% |
| Contributions outside capital | 11 | €615,966 | €615,966 | -€0 | 0.0% |
| Share premium | 1100/10 | €615,966 | €615,966 | -€0 | 0.0% |
| Reserves | 13 | €708,750 | €708,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €708,750 | €708,750 | = | 0.0% |
| Legal reserve | 130 | €708,750 | €708,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,346,402 | -€16,115,751 | -€1.8m | -12.3% |
| Amounts payable | 17/49 | €12,844,918 | €12,712,417 | -€132,501 | -1.0% |
| Amounts payable after more than one year | 17 | €12,536,919 | €12,265,761 | -€271,158 | -2.2% |
| Other amounts payable | 178/9 | €12,536,919 | €12,265,761 | -€271,158 | -2.2% |
| Amounts payable within one year | 42/48 | €307,999 | €446,656 | +€138,657 | +45.0% |
| Trade debts | 44 | €306,706 | €445,362 | +€138,656 | +45.2% |
| Suppliers | 440/4 | €306,706 | €445,362 | +€138,656 | +45.2% |
| Taxes, remuneration and social security | 45 | €1,293 | €1,294 | +€1 | 0.0% |
| Remuneration and social security | 454/9 | €1,293 | €1,294 | +€1 | 0.0% |
| Non-recurring operating income | 76A | €429,600 | - | -€429,600 | |
| Remuneration, social security and pensions | 62 | €7,908 | €7,934 | +€26 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,980 | €4,055 | +€1,075 | +36.1% |
| Other operating charges | 640/8 | €8,560 | €22,266 | +€13,706 | +160.1% |
| Gross operating margin | 9900 | €201,652 | -€186,250 | -€387,902 | |
| Operating profit (loss) | 9901 | €182,204 | -€220,505 | -€402,709 | |
| Financial income | 75/76B | €89,426 | €484,963 | +€395,537 | +442.3% |
| Recurring financial income | 75 | €89,426 | €348,463 | +€259,037 | +289.7% |
| Non-recurring financial income | 76B | - | €136,500 | +€136,500 | |
| Financial charges | 65/66B | €2,347,383 | €2,033,807 | -€313,576 | -13.4% |
| Recurring financial charges | 65 | €647,411 | €447,307 | -€200,104 | -30.9% |
| Non-recurring financial charges | 66B | €1,699,972 | €1,586,500 | -€113,472 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,075,753 | -€1,769,349 | +€306,404 | +14.8% |
| Profit (loss) for the period | 9904 | -€2,075,753 | -€1,769,349 | +€306,404 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,075,753 | -€1,769,349 | +€306,404 | +14.8% |
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 12 October 2026 via checked.be.