JK CONSTRUCT: 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 CONSTRUCT
Largest movements
- Cash +€27,777
up €27,777 (+140%), from €19,832 to €47,609
mainly Net result for the year (+€26,838) and Receivables within one year (+€8,471)
- Receivables within one year -€8,471
down €8,471 (-21.6%), from €39,133 to €30,661
of which Other amounts receivable: -€6,694
- Tangible fixed assets -€1,200
down €1,200 (-25.0%), from €4,793 to €3,593
- Reserves +€25,038
up €25,038 (+66.8%), from €37,471 to €62,509
- Trade debts -€5,671
down €5,671 (-56.1%), from €10,115 to €4,443
- Tax, wage and social debts -€1,322
down €1,322 (-9.3%), from €14,166 to €12,844
of which Remuneration and social security: -€3,000
- Gross operating margin +€10,170
up €10,170 (+41.8%), from €24,356 to €34,526
- Taxes +€2,220
up €2,220 (+46.1%), from €4,812 to €7,032
- Financial income +€579
up €579 (+713%), from €81 to €660
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 | €68,352 | €86,396 | +€18,044 | +26.4% |
| Fixed assets | 21/28 | €4,793 | €3,593 | -€1,200 | -25.0% |
| Tangible fixed assets | 22/27 | €4,793 | €3,593 | -€1,200 | -25.0% |
| Plant, machinery and equipment | 23 | €4,793 | €3,593 | -€1,200 | -25.0% |
| Current assets | 29/58 | €63,558 | €82,803 | +€19,244 | +30.3% |
| Stocks and contracts in progress | 3 | €3,825 | €3,750 | -€75 | -2.0% |
| Stocks | 30/36 | €3,825 | €3,750 | -€75 | -2.0% |
| Amounts receivable within one year | 40/41 | €39,133 | €30,661 | -€8,471 | -21.6% |
| Trade receivables | 40 | €28,730 | €26,953 | -€1,777 | -6.2% |
| Other amounts receivable | 41 | €10,403 | €3,708 | -€6,694 | -64.4% |
| Cash at bank and in hand | 54/58 | €19,832 | €47,609 | +€27,777 | +140% |
| Deferred charges and accrued income | 490/1 | €769 | €782 | +€14 | +1.8% |
| Total equity and liabilities | 10/49 | €68,352 | €86,396 | +€18,044 | +26.4% |
| Equity | 10/15 | €42,271 | €67,309 | +€25,038 | +59.2% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Reserves | 13 | €37,471 | €62,509 | +€25,038 | +66.8% |
| Distributable reserves | 133 | €37,471 | €62,509 | +€25,038 | +66.8% |
| Amounts payable | 17/49 | €26,081 | €19,088 | -€6,993 | -26.8% |
| Amounts payable within one year | 42/48 | €26,081 | €19,088 | -€6,993 | -26.8% |
| Trade debts | 44 | €10,115 | €4,443 | -€5,671 | -56.1% |
| Suppliers | 440/4 | €10,115 | €4,443 | -€5,671 | -56.1% |
| Taxes, remuneration and social security | 45 | €14,166 | €12,844 | -€1,322 | -9.3% |
| Taxes | 450/3 | €11,166 | €12,844 | +€1,678 | +15.0% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €1,800 | €1,800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,200 | €1,200 | = | 0.0% |
| Other operating charges | 640/8 | €157 | €62 | -€95 | -60.5% |
| Gross operating margin | 9900 | €24,356 | €34,526 | +€10,170 | +41.8% |
| Operating profit (loss) | 9901 | €23,000 | €33,264 | +€10,264 | +44.6% |
| Financial income | 75/76B | €81 | €660 | +€579 | +713% |
| Recurring financial income | 75 | €81 | €660 | +€579 | +713% |
| Financial charges | 65/66B | €79 | €54 | -€25 | -31.6% |
| Recurring financial charges | 65 | €79 | €54 | -€25 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €23,002 | €33,870 | +€10,868 | +47.2% |
| Income taxes | 67/77 | €4,812 | €7,032 | +€2,220 | +46.1% |
| Profit (loss) for the period | 9904 | €18,190 | €26,838 | +€8,648 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,190 | €26,838 | +€8,648 | +47.5% |
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 17 October 2026 via checked.be.