JK EMC: 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 EMC
Largest movements
- Cash +€18,581
up €18,581 (+18.9%), from €98,353 to €116,934
mainly Depreciation (+€12,245) and Net result for the year (+€9,226)
- Tangible fixed assets -€12,245
down €12,245 (-22.9%), from €53,388 to €41,143
of which Plant, machinery and equipment: -€9,085
- Receivables within one year -€3,136
down €3,136 (-13.2%), from €23,805 to €20,669
of which Trade receivables: -€3,319
- Reserves +€9,226
up €9,226 (+9.6%), from €96,028 to €105,254
- Other debts -€5,399
down €5,399 (-58.0%), from €9,304 to €3,905
- Gross operating margin +€8,334
up €8,334 (+45.2%), from €18,425 to €26,759
- Taxes +€1,977
up €1,977 (+110.8%), from €1,785 to €3,762
- Depreciation +€879
up €879 (+7.7%), from €11,366 to €12,245
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 | €176,020 | €178,747 | +€2,727 | +1.5% |
| Fixed assets | 21/28 | €53,388 | €41,143 | -€12,245 | -22.9% |
| Tangible fixed assets | 22/27 | €53,388 | €41,143 | -€12,245 | -22.9% |
| Land and buildings | 22 | €18,958 | €15,799 | -€3,160 | -16.7% |
| Plant, machinery and equipment | 23 | €34,430 | €25,345 | -€9,085 | -26.4% |
| Current assets | 29/58 | €122,632 | €137,603 | +€14,971 | +12.2% |
| Amounts receivable within one year | 40/41 | €23,805 | €20,669 | -€3,136 | -13.2% |
| Trade receivables | 40 | €21,493 | €18,174 | -€3,319 | -15.4% |
| Other amounts receivable | 41 | €2,312 | €2,495 | +€183 | +7.9% |
| Cash at bank and in hand | 54/58 | €98,353 | €116,934 | +€18,581 | +18.9% |
| Deferred charges and accrued income | 490/1 | €474 | - | -€474 | |
| Total equity and liabilities | 10/49 | €176,020 | €178,747 | +€2,727 | +1.5% |
| Equity | 10/15 | €158,663 | €167,889 | +€9,226 | +5.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €96,028 | €105,254 | +€9,226 | +9.6% |
| Distributable reserves | 133 | €96,028 | €105,254 | +€9,226 | +9.6% |
| Profit (loss) carried forward | 14 | €56,435 | €56,435 | = | 0.0% |
| Amounts payable | 17/49 | €17,357 | €10,858 | -€6,499 | -37.4% |
| Amounts payable within one year | 42/48 | €17,357 | €10,858 | -€6,499 | -37.4% |
| Trade debts | 44 | €4,482 | €3,382 | -€1,100 | -24.5% |
| Suppliers | 440/4 | €4,482 | €3,382 | -€1,100 | -24.5% |
| Taxes, remuneration and social security | 45 | €3,571 | €3,571 | = | 0.0% |
| Taxes | 450/3 | €3,571 | €3,571 | = | 0.0% |
| Other amounts payable | 47/48 | €9,304 | €3,905 | -€5,399 | -58.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,366 | €12,245 | +€879 | +7.7% |
| Other operating charges | 640/8 | €1,432 | €1,479 | +€47 | +3.3% |
| Gross operating margin | 9900 | €18,425 | €26,759 | +€8,334 | +45.2% |
| Operating profit (loss) | 9901 | €5,627 | €13,035 | +€7,408 | +131.7% |
| Financial income | 75/76B | €94 | €1 | -€94 | -99.2% |
| Recurring financial income | 75 | €94 | €1 | -€94 | -99.2% |
| Financial charges | 65/66B | €45 | €48 | +€4 | +7.9% |
| Recurring financial charges | 65 | €45 | €48 | +€4 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €5,676 | €12,988 | +€7,311 | +128.8% |
| Income taxes | 67/77 | €1,785 | €3,762 | +€1,977 | +110.8% |
| Profit (loss) for the period | 9904 | €3,892 | €9,226 | +€5,334 | +137.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,892 | €9,226 | +€5,334 | +137.1% |
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.