JK LAW: what changed
JK LAW
Largest movements
- Tangible fixed assets -€8,374
down €8,374 (-7.2%), from €117,057 to €108,683
of which Land and buildings: -€5,182
- Cash -€2,747
down €2,747 (-10.7%), from €25,705 to €22,959
mainly Other debts (-€13,089) and Tax, wage and social debts (-€5,232)
- Receivables within one year -€2,156
down €2,156 (-98.3%), from €2,193 to €37
- Other debts -€13,089
down €13,089 (-26.4%), from €49,536 to €36,447
- Profit (loss) carried forward +€8,719
up €8,719 (+57.7%), from -€15,118 to -€6,399
- Tax, wage and social debts -€5,232
down €5,232 (-99.7%), from €5,246 to €15
- Debts after one year -€3,613
down €3,613 (-3.8%), from €95,720 to €92,107
- Other operating charges -€22,833
down €22,833 (-95.6%), from €23,881 to €1,048
- Financial charges +€4,145
up €4,145 (+1,501%), from €276 to €4,422
- Gross operating margin -€3,832
down €3,832 (-42.6%), from €8,994 to €5,162
- Depreciation +€3,797
new in 2025: €3,797
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €144,955 | €131,679 | -€13,276 | -9.2% |
| Fixed assets | 21/28 | €117,057 | €108,683 | -€8,374 | -7.2% |
| Tangible fixed assets | 22/27 | €117,057 | €108,683 | -€8,374 | -7.2% |
| Land and buildings | 22 | €113,865 | €108,683 | -€5,182 | -4.6% |
| Plant, machinery and equipment | 23 | €2,445 | - | -€2,445 | |
| Furniture and vehicles | 24 | €746 | - | -€746 | |
| Current assets | 29/58 | €27,898 | €22,996 | -€4,903 | -17.6% |
| Amounts receivable within one year | 40/41 | €2,193 | €37 | -€2,156 | -98.3% |
| Other amounts receivable | 41 | €2,193 | €37 | -€2,156 | -98.3% |
| Cash at bank and in hand | 54/58 | €25,705 | €22,959 | -€2,747 | -10.7% |
| Total equity and liabilities | 10/49 | €144,955 | €131,679 | -€13,276 | -9.2% |
| Equity | 10/15 | -€13,618 | -€4,899 | +€8,719 | +64.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,118 | -€6,399 | +€8,719 | +57.7% |
| Amounts payable | 17/49 | €158,573 | €136,578 | -€21,995 | -13.9% |
| Amounts payable after more than one year | 17 | €95,720 | €92,107 | -€3,613 | -3.8% |
| Financial debts | 170/4 | €95,720 | €92,107 | -€3,613 | -3.8% |
| Amounts payable within one year | 42/48 | €62,854 | €44,472 | -€18,382 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €3,462 | €3,613 | +€151 | +4.4% |
| Trade debts | 44 | €4,609 | €4,397 | -€212 | -4.6% |
| Suppliers | 440/4 | €4,609 | €4,397 | -€212 | -4.6% |
| Taxes, remuneration and social security | 45 | €5,246 | €15 | -€5,232 | -99.7% |
| Taxes | 450/3 | €5,246 | €15 | -€5,232 | -99.7% |
| Other amounts payable | 47/48 | €49,536 | €36,447 | -€13,089 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,797 | +€3,797 | |
| Other operating charges | 640/8 | €23,881 | €1,048 | -€22,833 | -95.6% |
| Gross operating margin | 9900 | €8,994 | €5,162 | -€3,832 | -42.6% |
| Operating profit (loss) | 9901 | -€14,887 | €318 | +€15,204 | |
| Financial charges | 65/66B | €276 | €4,422 | +€4,145 | +1,501% |
| Recurring financial charges | 65 | €276 | €4,422 | +€4,145 | +1,501% |
| Profit (loss) for the period before taxes | 9903 | -€15,163 | -€4,104 | +€11,059 | +72.9% |
| Profit (loss) for the period | 9904 | -€15,163 | -€4,104 | +€11,059 | +72.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,163 | -€4,104 | +€11,059 | +72.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.