JK Building: 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.
JK Building
Largest movements
- Receivables within one year +€90,419
up €90,419 (+78.4%), from €115,274 to €205,692
of which Other amounts receivable: +€95,609
- Cash -€14,849
down €14,849 (-32.9%), from €45,118 to €30,269
mainly Receivables within one year (-€90,419) and Accrued charges and deferred income (-€18,648)
- Reserves +€117,897
up €117,897 (+135%), from €87,156 to €205,054
- Accrued charges and deferred income -€18,648
down €18,648 (-92.0%), from €20,263 to €1,615
- Tax, wage and social debts -€17,789
down €17,789 (-64.2%), from €27,696 to €9,907
- Trade debts -€14,901
down €14,901 (-69.9%), from €21,331 to €6,430
- Short-term financial debts +€11,299
new in 2025: €11,299
- Gross operating margin +€69,074
up €69,074 (+70.3%), from €98,246 to €167,321
- Taxes +€16,261
up €16,261 (+58.7%), from €27,696 to €43,956
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 | €163,050 | €237,405 | +€74,355 | +45.6% |
| Fixed assets | 21/28 | €2,658 | €1,444 | -€1,214 | -45.7% |
| Tangible fixed assets | 22/27 | €2,658 | €1,444 | -€1,214 | -45.7% |
| Plant, machinery and equipment | 23 | €853 | €338 | -€514 | -60.3% |
| Furniture and vehicles | 24 | €1,805 | €1,105 | -€700 | -38.8% |
| Current assets | 29/58 | €160,392 | €235,961 | +€75,569 | +47.1% |
| Amounts receivable within one year | 40/41 | €115,274 | €205,692 | +€90,419 | +78.4% |
| Trade receivables | 40 | €109,980 | €104,789 | -€5,191 | -4.7% |
| Other amounts receivable | 41 | €5,294 | €100,903 | +€95,609 | +1,806% |
| Cash at bank and in hand | 54/58 | €45,118 | €30,269 | -€14,849 | -32.9% |
| Total equity and liabilities | 10/49 | €163,050 | €237,405 | +€74,355 | +45.6% |
| Equity | 10/15 | €90,156 | €208,054 | +€117,897 | +131% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €87,156 | €205,054 | +€117,897 | +135% |
| Distributable reserves | 133 | €87,156 | €205,054 | +€117,897 | +135% |
| Amounts payable | 17/49 | €72,893 | €29,351 | -€43,542 | -59.7% |
| Amounts payable within one year | 42/48 | €52,631 | €27,736 | -€24,894 | -47.3% |
| Financial debts | 43 | - | €11,299 | +€11,299 | |
| Credit institutions | 430/8 | - | €11,299 | +€11,299 | |
| Trade debts | 44 | €21,331 | €6,430 | -€14,901 | -69.9% |
| Suppliers | 440/4 | €21,331 | €6,430 | -€14,901 | -69.9% |
| Taxes, remuneration and social security | 45 | €27,696 | €9,907 | -€17,789 | -64.2% |
| Taxes | 450/3 | €27,696 | €9,907 | -€17,789 | -64.2% |
| Other amounts payable | 47/48 | €3,604 | €100 | -€3,504 | -97.2% |
| Accrued charges and deferred income | 492/3 | €20,263 | €1,615 | -€18,648 | -92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €809 | €1,214 | +€405 | +50.1% |
| Other operating charges | 640/8 | €2,203 | €3,484 | +€1,281 | +58.1% |
| Gross operating margin | 9900 | €98,246 | €167,321 | +€69,074 | +70.3% |
| Operating profit (loss) | 9901 | €95,234 | €162,622 | +€67,388 | +70.8% |
| Financial income | 75/76B | €200 | €586 | +€386 | +193% |
| Recurring financial income | 75 | €200 | €586 | +€386 | +193% |
| Financial charges | 65/66B | €1,305 | €1,355 | +€49 | +3.8% |
| Recurring financial charges | 65 | €1,305 | €1,355 | +€49 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €94,128 | €161,854 | +€67,725 | +71.9% |
| Income taxes | 67/77 | €27,696 | €43,956 | +€16,261 | +58.7% |
| Profit (loss) for the period | 9904 | €66,433 | €117,897 | +€51,464 | +77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,433 | €117,897 | +€51,464 | +77.5% |
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 22 October 2026 via checked.be.