JIKA: 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.
JIKA
Largest movements
- Cash -€92,860
down €92,860 (-19.9%), from €465,934 to €373,074
mainly Debts after one year (-€56,600) and Receivables within one year (-€50,216)
- Receivables within one year +€50,216
up €50,216 (+22.5%), from €222,928 to €273,144
of which Trade receivables: +€25,745
- Tangible fixed assets -€43,974
down €43,974 (-4.6%), from €947,218 to €903,244
of which Land and buildings: -€38,151
- Stocks and contracts +€23,750
up €23,750 (+5.9%), from €404,520 to €428,270
- Reserves +€68,874
up €68,874 (+31.1%), from €221,540 to €290,414
- Debts after one year -€56,600
down €56,600 (-15.5%), from €366,237 to €309,637
of which Financial debts: -€56,600
- Trade debts -€47,364
down €47,364 (-43.7%), from €108,372 to €61,008
- Gross operating margin -€71,396
down €71,396 (-13.6%), from €523,823 to €452,427
- Taxes -€27,622
down €27,622 (-70.6%), from €39,130 to €11,508
- Financial income +€9,733
new in 2025: €9,733
- Staff costs -€6,363
down €6,363 (-2.0%), from €314,109 to €307,746
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 | €2,042,401 | €1,979,533 | -€62,868 | -3.1% |
| Fixed assets | 21/28 | €949,019 | €905,045 | -€43,974 | -4.6% |
| Tangible fixed assets | 22/27 | €947,218 | €903,244 | -€43,974 | -4.6% |
| Land and buildings | 22 | €928,270 | €890,119 | -€38,151 | -4.1% |
| Plant, machinery and equipment | 23 | €9,982 | €10,632 | +€650 | +6.5% |
| Furniture and vehicles | 24 | €8,966 | €2,493 | -€6,473 | -72.2% |
| Financial fixed assets | 28 | €1,801 | €1,801 | = | 0.0% |
| Current assets | 29/58 | €1,093,382 | €1,074,488 | -€18,894 | -1.7% |
| Stocks and contracts in progress | 3 | €404,520 | €428,270 | +€23,750 | +5.9% |
| Stocks | 30/36 | €404,520 | €428,270 | +€23,750 | +5.9% |
| Amounts receivable within one year | 40/41 | €222,928 | €273,144 | +€50,216 | +22.5% |
| Trade receivables | 40 | €222,928 | €248,673 | +€25,745 | +11.5% |
| Other amounts receivable | 41 | - | €24,471 | +€24,471 | |
| Cash at bank and in hand | 54/58 | €465,934 | €373,074 | -€92,860 | -19.9% |
| Total equity and liabilities | 10/49 | €2,042,401 | €1,979,533 | -€62,868 | -3.1% |
| Equity | 10/15 | €1,435,856 | €1,494,997 | +€59,141 | +4.1% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €221,540 | €290,414 | +€68,874 | +31.1% |
| Non-distributable reserves | 130/1 | €221,540 | €290,414 | +€68,874 | +31.1% |
| Other | 1319 | €221,540 | €290,414 | +€68,874 | +31.1% |
| Profit (loss) carried forward | 14 | €1,059,305 | €1,059,305 | = | 0.0% |
| Investment grants | 15 | €136,261 | €126,528 | -€9,733 | -7.1% |
| Amounts payable | 17/49 | €606,545 | €484,536 | -€122,009 | -20.1% |
| Amounts payable after more than one year | 17 | €366,237 | €309,637 | -€56,600 | -15.5% |
| Financial debts | 170/4 | €361,681 | €305,081 | -€56,600 | -15.6% |
| Other amounts payable | 178/9 | €4,556 | €4,556 | = | 0.0% |
| Amounts payable within one year | 42/48 | €240,308 | €174,899 | -€65,409 | -27.2% |
| Current portion of amounts payable after more than one year | 42 | €59,375 | €58,230 | -€1,145 | -1.9% |
| Trade debts | 44 | €108,372 | €61,008 | -€47,364 | -43.7% |
| Suppliers | 440/4 | €108,372 | €61,008 | -€47,364 | -43.7% |
| Taxes, remuneration and social security | 45 | €72,561 | €55,661 | -€16,900 | -23.3% |
| Taxes | 450/3 | €24,339 | €23,898 | -€441 | -1.8% |
| Remuneration and social security | 454/9 | €48,222 | €31,763 | -€16,459 | -34.1% |
| Remuneration, social security and pensions | 62 | €314,109 | €307,746 | -€6,363 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,096 | €51,096 | = | 0.0% |
| Other operating charges | 640/8 | €13,542 | €11,276 | -€2,266 | -16.7% |
| Gross operating margin | 9900 | €523,823 | €452,427 | -€71,396 | -13.6% |
| Operating profit (loss) | 9901 | €145,076 | €82,309 | -€62,767 | -43.3% |
| Financial income | 75/76B | - | €9,733 | +€9,733 | |
| Recurring financial income | 75 | - | €9,733 | +€9,733 | |
| Financial charges | 65/66B | €11,991 | €11,660 | -€331 | -2.8% |
| Recurring financial charges | 65 | €11,991 | €11,660 | -€331 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €133,085 | €80,382 | -€52,703 | -39.6% |
| Income taxes | 67/77 | €39,130 | €11,508 | -€27,622 | -70.6% |
| Profit (loss) for the period | 9904 | €93,955 | €68,874 | -€25,081 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €93,955 | €68,874 | -€25,081 | -26.7% |
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 1 October 2026 via checked.be.