JK LEX: 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 LEX
Largest movements
- Cash -€42,548
down €42,548 (-19.6%), from €217,003 to €174,455
mainly Contributions, distributions and other (-€150,000) and Other debts (-€22,950)
- Receivables within one year +€14,199
up €14,199 (+71.0%), from €20,010 to €34,210
- Tangible fixed assets -€12,285
down €12,285 (-22.4%), from €54,877 to €42,592
of which Furniture and vehicles: -€7,611
- Deferred charges and accrued income -€4,004
no longer reported in 2025 (was €4,004)
- Other debts -€22,950
down €22,950 (-15.3%), from €150,450 to €127,500
- Profit (loss) carried forward -€20,925
down €20,925 (-22.0%), from €94,983 to €74,057
- Gross operating margin -€49,545
down €49,545 (-20.3%), from €243,815 to €194,270
- Depreciation +€2,720
up €2,720 (+24.9%), from €10,929 to €13,649
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 | €295,894 | €251,257 | -€44,636 | -15.1% |
| Fixed assets | 21/28 | €54,877 | €42,592 | -€12,285 | -22.4% |
| Tangible fixed assets | 22/27 | €54,877 | €42,592 | -€12,285 | -22.4% |
| Plant, machinery and equipment | 23 | €33,890 | €29,216 | -€4,674 | -13.8% |
| Furniture and vehicles | 24 | €20,987 | €13,376 | -€7,611 | -36.3% |
| Current assets | 29/58 | €241,017 | €208,665 | -€32,352 | -13.4% |
| Amounts receivable within one year | 40/41 | €20,010 | €34,210 | +€14,199 | +71.0% |
| Trade receivables | 40 | €20,010 | €34,210 | +€14,199 | +71.0% |
| Cash at bank and in hand | 54/58 | €217,003 | €174,455 | -€42,548 | -19.6% |
| Deferred charges and accrued income | 490/1 | €4,004 | - | -€4,004 | |
| Total equity and liabilities | 10/49 | €295,894 | €251,257 | -€44,636 | -15.1% |
| Equity | 10/15 | €96,983 | €76,057 | -€20,925 | -21.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,983 | €74,057 | -€20,925 | -22.0% |
| Amounts payable | 17/49 | €198,911 | €175,200 | -€23,711 | -11.9% |
| Amounts payable within one year | 42/48 | €198,911 | €175,200 | -€23,711 | -11.9% |
| Financial debts | 43 | €1,326 | €1,476 | +€150 | +11.3% |
| Credit institutions | 430/8 | €1,326 | €1,476 | +€150 | +11.3% |
| Trade debts | 44 | €203 | €222 | +€19 | +9.1% |
| Suppliers | 440/4 | €203 | €222 | +€19 | +9.1% |
| Taxes, remuneration and social security | 45 | €46,931 | €46,002 | -€930 | -2.0% |
| Taxes | 450/3 | €39,431 | €41,002 | +€1,570 | +4.0% |
| Remuneration and social security | 454/9 | €7,500 | €5,000 | -€2,500 | -33.3% |
| Other amounts payable | 47/48 | €150,450 | €127,500 | -€22,950 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,929 | €13,649 | +€2,720 | +24.9% |
| Other operating charges | 640/8 | €3,163 | €2,301 | -€862 | -27.2% |
| Gross operating margin | 9900 | €243,815 | €194,270 | -€49,545 | -20.3% |
| Operating profit (loss) | 9901 | €229,723 | €178,320 | -€51,403 | -22.4% |
| Financial charges | 65/66B | €153 | €140 | -€13 | -8.4% |
| Recurring financial charges | 65 | €153 | €140 | -€13 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €229,570 | €178,180 | -€51,390 | -22.4% |
| Income taxes | 67/77 | €46,899 | €49,105 | +€2,206 | +4.7% |
| Profit (loss) for the period | 9904 | €182,670 | €129,075 | -€53,595 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €182,670 | €129,075 | -€53,595 | -29.3% |
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 26 October 2026 via checked.be.