JK GROEP: 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 GROEP
Largest movements
- Tangible fixed assets +€352,956
up €352,956 (+21.6%), from €1.6m to €2.0m
of which Land and buildings: +€285,197
- Deferred charges and accrued income -€160,000
no longer reported in 2025 (was €160,000)
- Receivables within one year +€92,561
up €92,561 (+443%), from €20,873 to €113,434
of which Trade receivables: +€89,280
- Profit (loss) carried forward +€194,234
up €194,234 (+34.1%), from -€569,243 to -€375,009
- Trade debts +€61,058
up €61,058 (+687%), from €8,886 to €69,944
- Tax, wage and social debts +€27,976
up €27,976 (+4,710%), from €594 to €28,570
- Gross operating margin +€200,530
up €200,530 (+87.3%), from €229,586 to €430,117
- Depreciation +€63,765
up €63,765 (+59.2%), from €107,733 to €171,498
- Other operating charges +€46,888
up €46,888 (+271%), from €17,293 to €64,181
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,817,405 | €2,100,637 | +€283,231 | +15.6% |
| Fixed assets | 21/28 | €1,632,241 | €1,985,197 | +€352,956 | +21.6% |
| Tangible fixed assets | 22/27 | €1,632,241 | €1,985,197 | +€352,956 | +21.6% |
| Land and buildings | 22 | €1,493,333 | €1,778,530 | +€285,197 | +19.1% |
| Plant, machinery and equipment | 23 | €138,908 | €180,863 | +€41,956 | +30.2% |
| Furniture and vehicles | 24 | - | €25,804 | +€25,804 | |
| Current assets | 29/58 | €185,164 | €115,440 | -€69,724 | -37.7% |
| Amounts receivable within one year | 40/41 | €20,873 | €113,434 | +€92,561 | +443% |
| Trade receivables | 40 | €20,523 | €109,803 | +€89,280 | +435% |
| Other amounts receivable | 41 | €350 | €3,631 | +€3,281 | +938% |
| Cash at bank and in hand | 54/58 | €4,291 | €2,005 | -€2,286 | -53.3% |
| Deferred charges and accrued income | 490/1 | €160,000 | - | -€160,000 | |
| Total equity and liabilities | 10/49 | €1,817,405 | €2,100,637 | +€283,231 | +15.6% |
| Equity | 10/15 | -€550,643 | -€356,409 | +€194,234 | +35.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Share premium | 1100/10 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€569,243 | -€375,009 | +€194,234 | +34.1% |
| Amounts payable | 17/49 | €2,368,048 | €2,457,045 | +€88,997 | +3.8% |
| Amounts payable after more than one year | 17 | €2,267,800 | €2,267,800 | = | 0.0% |
| Other amounts payable | 178/9 | €2,267,800 | €2,267,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €100,248 | €189,245 | +€88,997 | +88.8% |
| Trade debts | 44 | €8,886 | €69,944 | +€61,058 | +687% |
| Suppliers | 440/4 | €8,886 | €69,944 | +€61,058 | +687% |
| Taxes, remuneration and social security | 45 | €594 | €28,570 | +€27,976 | +4,710% |
| Taxes | 450/3 | €594 | €28,570 | +€27,976 | +4,710% |
| Other amounts payable | 47/48 | €90,768 | €90,731 | -€37 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,733 | €171,498 | +€63,765 | +59.2% |
| Other operating charges | 640/8 | €17,293 | €64,181 | +€46,888 | +271% |
| Gross operating margin | 9900 | €229,586 | €430,117 | +€200,530 | +87.3% |
| Operating profit (loss) | 9901 | €104,560 | €194,438 | +€89,878 | +86.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €478 | €204 | -€274 | -57.3% |
| Recurring financial charges | 65 | €478 | €204 | -€274 | -57.3% |
| Profit (loss) for the period before taxes | 9903 | €104,082 | €194,234 | +€90,152 | +86.6% |
| Profit (loss) for the period | 9904 | €104,082 | €194,234 | +€90,152 | +86.6% |
| Profit (loss) for the period to be appropriated | 9905 | €104,082 | €194,234 | +€90,152 | +86.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.