JK Group: 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 Group
Largest movements
- Cash +€87,977
up €87,977 (+113%), from €77,578 to €165,555
mainly Net result for the year (+€128,740) and Tax, wage and social debts (+€21,770)
- Tangible fixed assets +€58,325
up €58,325 (+163%), from €35,806 to €94,131
of which Land and buildings: +€74,844
- Receivables within one year +€9,236
up €9,236 (+13.6%), from €67,858 to €77,094
of which Trade receivables: +€8,284
- Reserves +€70,982
up €70,982 (+61.5%), from €115,473 to €186,455
- Profit (loss) carried forward +€57,758
up €57,758 (+275%), from €20,982 to €78,740
- Tax, wage and social debts +€21,770
up €21,770 (+181%), from €12,031 to €33,801
of which Taxes: +€15,657
- Trade debts +€7,270
up €7,270 (+98.4%), from €7,390 to €14,661
- Gross operating margin +€105,946
up €105,946 (+93.4%), from €113,466 to €219,412
- Staff costs +€27,802
up €27,802 (+5,239%), from €531 to €28,333
- Taxes +€21,298
up €21,298 (+91.5%), from €23,278 to €44,576
- Other operating charges +€5,296
up €5,296 (+96.9%), from €5,466 to €10,761
- Depreciation -€3,416
down €3,416 (-34.9%), from €9,789 to €6,373
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 | €181,241 | €338,266 | +€157,024 | +86.6% |
| Fixed assets | 21/28 | €35,806 | €94,131 | +€58,325 | +163% |
| Tangible fixed assets | 22/27 | €35,806 | €94,131 | +€58,325 | +163% |
| Land and buildings | 22 | - | €74,844 | +€74,844 | |
| Plant, machinery and equipment | 23 | €26,607 | €5,288 | -€21,319 | -80.1% |
| Furniture and vehicles | 24 | €3,556 | €9,264 | +€5,708 | +160% |
| Other tangible fixed assets | 26 | €5,643 | €4,736 | -€907 | -16.1% |
| Current assets | 29/58 | €145,435 | €244,134 | +€98,699 | +67.9% |
| Amounts receivable within one year | 40/41 | €67,858 | €77,094 | +€9,236 | +13.6% |
| Trade receivables | 40 | €58,716 | €66,999 | +€8,284 | +14.1% |
| Other amounts receivable | 41 | €9,142 | €10,094 | +€952 | +10.4% |
| Cash at bank and in hand | 54/58 | €77,578 | €165,555 | +€87,977 | +113% |
| Deferred charges and accrued income | 490/1 | - | €1,486 | +€1,486 | |
| Total equity and liabilities | 10/49 | €181,241 | €338,266 | +€157,024 | +86.6% |
| Equity | 10/15 | €137,455 | €266,195 | +€128,740 | +93.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €115,473 | €186,455 | +€70,982 | +61.5% |
| Distributable reserves | 133 | €115,473 | €186,455 | +€70,982 | +61.5% |
| Profit (loss) carried forward | 14 | €20,982 | €78,740 | +€57,758 | +275% |
| Amounts payable | 17/49 | €43,786 | €72,070 | +€28,284 | +64.6% |
| Amounts payable after more than one year | 17 | €24,365 | €23,608 | -€756 | -3.1% |
| Other amounts payable | 178/9 | €24,365 | €23,608 | -€756 | -3.1% |
| Amounts payable within one year | 42/48 | €19,421 | €48,462 | +€29,041 | +150% |
| Trade debts | 44 | €7,390 | €14,661 | +€7,270 | +98.4% |
| Suppliers | 440/4 | €7,390 | €14,661 | +€7,270 | +98.4% |
| Taxes, remuneration and social security | 45 | €12,031 | €33,801 | +€21,770 | +181% |
| Taxes | 450/3 | €8,750 | €24,407 | +€15,657 | +179% |
| Remuneration and social security | 454/9 | €3,281 | €9,394 | +€6,113 | +186% |
| Non-recurring operating income | 76A | €3,474 | €19,329 | +€15,855 | +456% |
| Remuneration, social security and pensions | 62 | €531 | €28,333 | +€27,802 | +5,239% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,789 | €6,373 | -€3,416 | -34.9% |
| Other operating charges | 640/8 | €5,466 | €10,761 | +€5,296 | +96.9% |
| Non-recurring operating charges | 66A | €2,239 | - | -€2,239 | |
| Gross operating margin | 9900 | €113,466 | €219,412 | +€105,946 | +93.4% |
| Operating profit (loss) | 9901 | €95,441 | €173,945 | +€78,504 | +82.3% |
| Financial income | 75/76B | €191 | €696 | +€504 | +263% |
| Recurring financial income | 75 | €191 | €696 | +€504 | +263% |
| Financial charges | 65/66B | €1,372 | €1,325 | -€48 | -3.5% |
| Recurring financial charges | 65 | €1,372 | €1,325 | -€48 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €94,260 | €173,316 | +€79,056 | +83.9% |
| Income taxes | 67/77 | €23,278 | €44,576 | +€21,298 | +91.5% |
| Profit (loss) for the period | 9904 | €70,982 | €128,740 | +€57,758 | +81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,982 | €128,740 | +€57,758 | +81.4% |
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 16 October 2026 via checked.be.