JK Infinity: 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 Infinity
Largest movements
- Tangible fixed assets +€4.2m
up €4.2m (+44.8%), from €9.3m to €13.4m
of which Land and buildings: +€4.5m
- Receivables within one year -€1.1m
down €1.1m (-24.5%), from €4.4m to €3.3m
of which Other amounts receivable: -€1.4m
- Cash +€368,701
up €368,701 (+865%), from €42,643 to €411,344
mainly Debts after one year (+€6.9m) and Receivables within one year (+€1.1m)
- Debts after one year +€6.9m
up €6.9m (+86.2%), from €8.0m to €14.9m
- Other debts -€3.2m
down €3.2m (-49.9%), from €6.5m to €3.2m
- Current portion of long-term debt +€500,787
up €500,787 (+87.5%), from €572,050 to €1.1m
- Trade debts -€458,316
down €458,316 (-53.3%), from €859,629 to €401,312
- Profit (loss) carried forward -€416,680
down €416,680 (-45.3%), from €919,304 to €502,624
- Depreciation +€232,271
up €232,271 (+46.7%), from €497,308 to €729,579
- Financial charges +€178,841
up €178,841 (+56.3%), from €317,857 to €496,698
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 | €18,500,320 | €21,795,037 | +€3.3m | +17.8% |
| Fixed assets | 21/28 | €13,484,480 | €17,583,864 | +€4.1m | +30.4% |
| Intangible fixed assets | 21 | €270,887 | €210,565 | -€60,323 | -22.3% |
| Tangible fixed assets | 22/27 | €9,288,198 | €13,447,905 | +€4.2m | +44.8% |
| Land and buildings | 22 | €6,972,459 | €11,496,340 | +€4.5m | +64.9% |
| Plant, machinery and equipment | 23 | - | €2,703 | +€2,703 | |
| Furniture and vehicles | 24 | €1,517 | €118,418 | +€116,901 | +7,706% |
| Other tangible fixed assets | 26 | €676,824 | €1,648,811 | +€971,987 | +144% |
| Assets under construction and advance payments | 27 | €1,637,398 | €181,633 | -€1.5m | -88.9% |
| Financial fixed assets | 28 | €3,925,395 | €3,925,395 | = | 0.0% |
| Current assets | 29/58 | €5,015,840 | €4,211,173 | -€804,667 | -16.0% |
| Stocks and contracts in progress | 3 | €390,000 | €390,000 | = | 0.0% |
| Stocks | 30/36 | €390,000 | €390,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,352,272 | €3,285,589 | -€1.1m | -24.5% |
| Trade receivables | 40 | €786,273 | €1,098,187 | +€311,914 | +39.7% |
| Other amounts receivable | 41 | €3,566,000 | €2,187,402 | -€1.4m | -38.7% |
| Cash at bank and in hand | 54/58 | €42,643 | €411,344 | +€368,701 | +865% |
| Deferred charges and accrued income | 490/1 | €230,925 | €124,240 | -€106,685 | -46.2% |
| Total equity and liabilities | 10/49 | €18,500,320 | €21,795,037 | +€3.3m | +17.8% |
| Equity | 10/15 | €2,371,720 | €1,955,039 | -€416,680 | -17.6% |
| Contributions | 10/11 | €26,461 | €26,461 | = | 0.0% |
| Revaluation surpluses | 12 | €492,824 | €492,824 | = | 0.0% |
| Reserves | 13 | €933,130 | €933,130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €130,410 | €130,410 | = | 0.0% |
| Other | 1319 | €130,410 | €130,410 | = | 0.0% |
| Distributable reserves | 133 | €802,720 | €802,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | €919,304 | €502,624 | -€416,680 | -45.3% |
| Amounts payable | 17/49 | €16,128,600 | €19,839,998 | +€3.7m | +23.0% |
| Amounts payable after more than one year | 17 | €8,009,749 | €14,914,564 | +€6.9m | +86.2% |
| Financial debts | 170/4 | €8,009,749 | €14,914,564 | +€6.9m | +86.2% |
| Amounts payable within one year | 42/48 | €8,011,867 | €4,921,106 | -€3.1m | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €572,050 | €1,072,837 | +€500,787 | +87.5% |
| Financial debts | 43 | €100,815 | €201,652 | +€100,837 | +100% |
| Credit institutions | 430/8 | €100,815 | €201,652 | +€100,837 | +100% |
| Trade debts | 44 | €859,629 | €401,312 | -€458,316 | -53.3% |
| Suppliers | 440/4 | €859,629 | €401,312 | -€458,316 | -53.3% |
| Taxes, remuneration and social security | 45 | €2,270 | €806 | -€1,465 | -64.5% |
| Taxes | 450/3 | €2,270 | €806 | -€1,465 | -64.5% |
| Other amounts payable | 47/48 | €6,477,102 | €3,244,499 | -€3.2m | -49.9% |
| Accrued charges and deferred income | 492/3 | €106,985 | €4,327 | -€102,658 | -96.0% |
| Remuneration, social security and pensions | 62 | €782 | - | -€782 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €497,308 | €729,579 | +€232,271 | +46.7% |
| Other operating charges | 640/8 | €47,425 | €55,959 | +€8,534 | +18.0% |
| Gross operating margin | 9900 | €873,950 | €869,540 | -€4,411 | -0.5% |
| Operating profit (loss) | 9901 | €328,436 | €84,002 | -€244,434 | -74.4% |
| Financial income | 75/76B | €233 | €760 | +€527 | +227% |
| Recurring financial income | 75 | €233 | €760 | +€527 | +227% |
| Financial charges | 65/66B | €317,857 | €496,698 | +€178,841 | +56.3% |
| Recurring financial charges | 65 | €317,857 | €496,698 | +€178,841 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | €10,811 | -€411,937 | -€422,748 | |
| Income taxes | 67/77 | €7,937 | €4,744 | -€3,193 | -40.2% |
| Profit (loss) for the period | 9904 | €2,874 | -€416,680 | -€419,554 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,874 | -€416,680 | -€419,554 |
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 15 October 2026 via checked.be.