JK Heating Technics: what changed
Two fiscal 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 Heating Technics
Largest movements
- Receivables within one year +€21,774
up €21,774 (+21.0%), from €103,864 to €125,638
of which Trade receivables: +€18,960
- Cash +€12,108
up €12,108 (+118.6%), from €10,210 to €22,318
mainly Trade debts (+€10,111) and Net result for the year (+€9,891)
- Deferred charges and accrued income -€8,086
down €8,086 (-80.9%), from €10,000 to €1,914
- Trade debts +€10,111
up €10,111 (+61.4%), from €16,457 to €26,568
- Profit (loss) carried forward +€9,891
up €9,891 (+15.5%), from €63,667 to €73,558
- Other debts +€7,901
up €7,901 (+62.3%), from €12,682 to €20,583
- Tax, wage and social debts -€1,849
down €1,849 (-7.8%), from €23,643 to €21,794
of which Taxes: -€4,802
- Gross operating margin -€35,032
down €35,032 (-44.2%), from €79,306 to €44,274
- Staff costs +€20,512
new in 2025: €20,512
- Taxes -€11,742
down €11,742 (-71.4%), from €16,436 to €4,694
- Financial charges +€1,109
up €1,109 (+23.9%), from €4,644 to €5,753
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 | €126,449 | €152,503 | +€26,054 | +20.6% |
| Fixed assets | 21/28 | €2,375 | €2,633 | +€258 | +10.9% |
| Tangible fixed assets | 22/27 | €2,375 | €2,633 | +€258 | +10.9% |
| Plant, machinery and equipment | 23 | €885 | €2,633 | +€1,748 | +197.7% |
| Furniture and vehicles | 24 | €1,491 | - | -€1,491 | |
| Current assets | 29/58 | €124,074 | €149,871 | +€25,797 | +20.8% |
| Amounts receivable within one year | 40/41 | €103,864 | €125,638 | +€21,774 | +21.0% |
| Trade receivables | 40 | €89,977 | €108,938 | +€18,960 | +21.1% |
| Other amounts receivable | 41 | €13,887 | €16,701 | +€2,814 | +20.3% |
| Cash at bank and in hand | 54/58 | €10,210 | €22,318 | +€12,108 | +118.6% |
| Deferred charges and accrued income | 490/1 | €10,000 | €1,914 | -€8,086 | -80.9% |
| Total equity and liabilities | 10/49 | €126,449 | €152,503 | +€26,054 | +20.6% |
| Equity | 10/15 | €73,667 | €83,558 | +€9,891 | +13.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,667 | €73,558 | +€9,891 | +15.5% |
| Amounts payable | 17/49 | €52,782 | €68,945 | +€16,163 | +30.6% |
| Amounts payable within one year | 42/48 | €52,782 | €68,945 | +€16,163 | +30.6% |
| Trade debts | 44 | €16,457 | €26,568 | +€10,111 | +61.4% |
| Suppliers | 440/4 | €16,457 | €26,568 | +€10,111 | +61.4% |
| Taxes, remuneration and social security | 45 | €23,643 | €21,794 | -€1,849 | -7.8% |
| Taxes | 450/3 | €23,643 | €18,841 | -€4,802 | -20.3% |
| Remuneration and social security | 454/9 | - | €2,953 | +€2,953 | |
| Other amounts payable | 47/48 | €12,682 | €20,583 | +€7,901 | +62.3% |
| Remuneration, social security and pensions | 62 | - | €20,512 | +€20,512 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,624 | €2,217 | -€407 | -15.5% |
| Other operating charges | 640/8 | €1,162 | €1,207 | +€45 | +3.8% |
| Gross operating margin | 9900 | €79,306 | €44,274 | -€35,032 | -44.2% |
| Operating profit (loss) | 9901 | €75,520 | €20,339 | -€55,181 | -73.1% |
| Financial income | 75/76B | €49 | - | -€49 | |
| Recurring financial income | 75 | €49 | - | -€49 | |
| Financial charges | 65/66B | €4,644 | €5,753 | +€1,109 | +23.9% |
| Recurring financial charges | 65 | €4,644 | €5,753 | +€1,109 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €70,925 | €14,586 | -€56,339 | -79.4% |
| Income taxes | 67/77 | €16,436 | €4,694 | -€11,742 | -71.4% |
| Profit (loss) for the period | 9904 | €54,489 | €9,891 | -€44,598 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,489 | €9,891 | -€44,598 | -81.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.