JJK Management: 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.
JJK Management
Largest movements
- Tangible fixed assets +€31,222
up €31,222 (+2,016%), from €1,549 to €32,771
of which Leasing and similar rights: +€31,689
- Receivables within one year -€4,235
down €4,235 (-93.4%), from €4,536 to €301
of which Trade receivables: -€4,235
- Cash +€3,682
up €3,682 (+64.9%), from €5,677 to €9,360
mainly Debts after one year (+€22,465) and Depreciation (+€7,708)
- Debts after one year +€22,465
new in 2025: €22,465
- Profit (loss) carried forward +€2,944
no longer reported in 2025 (was -€2,944)
- Current portion of long-term debt +€2,470
up €2,470 (+68.9%), from €3,585 to €6,055
- Other debts +€1,741
up €1,741 (+20.7%), from €8,408 to €10,150
- Tax, wage and social debts +€1,049
up €1,049 (+43.4%), from €2,417 to €3,466
- Gross operating margin +€11,270
up €11,270 (+180%), from €6,251 to €17,520
- Depreciation +€2,562
up €2,562 (+49.8%), from €5,146 to €7,708
- Taxes +€1,680
up €1,680 (+374%), from €450 to €2,130
- Financial charges +€1,150
up €1,150 (+348%), from €331 to €1,480
- Other operating charges +€203
up €203 (+52.3%), from €387 to €590
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 | €11,819 | €42,491 | +€30,672 | +260% |
| Fixed assets | 21/28 | €1,549 | €32,771 | +€31,222 | +2,016% |
| Tangible fixed assets | 22/27 | €1,549 | €32,771 | +€31,222 | +2,016% |
| Furniture and vehicles | 24 | €1,383 | €915 | -€467 | -33.8% |
| Leasing and similar rights | 25 | €166 | €31,856 | +€31,689 | +19,068% |
| Current assets | 29/58 | €10,270 | €9,720 | -€550 | -5.4% |
| Amounts receivable within one year | 40/41 | €4,536 | €301 | -€4,235 | -93.4% |
| Trade receivables | 40 | €4,235 | - | -€4,235 | |
| Other amounts receivable | 41 | €301 | €301 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,677 | €9,360 | +€3,682 | +64.9% |
| Deferred charges and accrued income | 490/1 | €57 | €59 | +€2 | +4.0% |
| Total equity and liabilities | 10/49 | €11,819 | €42,491 | +€30,672 | +260% |
| Equity | 10/15 | -€2,844 | €100 | +€2,944 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,944 | - | +€2,944 | |
| Amounts payable | 17/49 | €14,664 | €42,391 | +€27,728 | +189% |
| Amounts payable after more than one year | 17 | - | €22,465 | +€22,465 | |
| Financial debts | 170/4 | - | €22,465 | +€22,465 | |
| Amounts payable within one year | 42/48 | €14,664 | €19,926 | +€5,263 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €3,585 | €6,055 | +€2,470 | +68.9% |
| Trade debts | 44 | €253 | €255 | +€2 | +0.9% |
| Suppliers | 440/4 | €253 | €255 | +€2 | +0.9% |
| Taxes, remuneration and social security | 45 | €2,417 | €3,466 | +€1,049 | +43.4% |
| Taxes | 450/3 | €2,417 | €3,466 | +€1,049 | +43.4% |
| Other amounts payable | 47/48 | €8,408 | €10,150 | +€1,741 | +20.7% |
| Non-recurring operating income | 76A | - | €8,098 | +€8,098 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,146 | €7,708 | +€2,562 | +49.8% |
| Other operating charges | 640/8 | €387 | €590 | +€203 | +52.3% |
| Gross operating margin | 9900 | €6,251 | €17,520 | +€11,270 | +180% |
| Operating profit (loss) | 9901 | €717 | €9,222 | +€8,505 | +1,186% |
| Financial charges | 65/66B | €331 | €1,480 | +€1,150 | +348% |
| Recurring financial charges | 65 | €331 | €1,480 | +€1,150 | +348% |
| Profit (loss) for the period before taxes | 9903 | €387 | €7,742 | +€7,355 | +1,903% |
| Income taxes | 67/77 | €450 | €2,130 | +€1,680 | +374% |
| Profit (loss) for the period | 9904 | -€63 | €5,612 | +€5,675 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63 | €5,612 | +€5,675 |
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 13 October 2026 via checked.be.