JK-projecten: 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-projecten
Largest movements
- Current investments -€161,215
down €161,215 (-71.7%), from €225,000 to €63,785
- Stocks and contracts +€152,570
up €152,570 (+380%), from €40,179 to €192,749
- Receivables within one year +€8,475
up €8,475 (+51.1%), from €16,595 to €25,071
- Cash +€8,383
up €8,383 (+29.7%), from €28,246 to €36,629
mainly Current investments (+€161,215) and Other debts (+€36,621)
- Other debts +€36,621
up €36,621 (+257%), from €14,238 to €50,858
- Profit (loss) carried forward -€18,874
new in 2025: -€18,874
- Tax, wage and social debts -€16,290
down €16,290 (-85.9%), from €18,960 to €2,670
- Trade debts +€4,374
up €4,374 (+64.9%), from €6,734 to €11,108
- Gross operating margin -€55,814
down €55,814, from €41,098 to -€14,715
- Taxes -€8,621
no longer reported in 2025 (was €8,621)
- Financial income +€6,446
up €6,446 (+703%), from €917 to €7,363
- Financial charges +€559
up €559 (+6.6%), from €8,497 to €9,056
- Depreciation +€453
up €453 (+36.3%), from €1,250 to €1,703
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 | €315,660 | €321,491 | +€5,830 | +1.8% |
| Fixed assets | 21/28 | €3,125 | €2,926 | -€199 | -6.4% |
| Tangible fixed assets | 22/27 | €3,125 | €2,926 | -€199 | -6.4% |
| Plant, machinery and equipment | 23 | €3,125 | €1,875 | -€1,250 | -40.0% |
| Furniture and vehicles | 24 | - | €1,051 | +€1,051 | |
| Current assets | 29/58 | €312,535 | €318,565 | +€6,029 | +1.9% |
| Stocks and contracts in progress | 3 | €40,179 | €192,749 | +€152,570 | +380% |
| Contracts in progress | 37 | €40,179 | €192,749 | +€152,570 | +380% |
| Amounts receivable within one year | 40/41 | €16,595 | €25,071 | +€8,475 | +51.1% |
| Other amounts receivable | 41 | €16,595 | €25,071 | +€8,475 | +51.1% |
| Current investments | 50/53 | €225,000 | €63,785 | -€161,215 | -71.7% |
| Cash at bank and in hand | 54/58 | €28,246 | €36,629 | +€8,383 | +29.7% |
| Deferred charges and accrued income | 490/1 | €2,515 | €331 | -€2,184 | -86.8% |
| Total equity and liabilities | 10/49 | €315,660 | €321,491 | +€5,830 | +1.8% |
| Equity | 10/15 | €125,728 | €106,854 | -€18,874 | -15.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €120,728 | €120,728 | = | 0.0% |
| Distributable reserves | 133 | €120,728 | €120,728 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€18,874 | -€18,874 | |
| Amounts payable | 17/49 | €189,932 | €214,637 | +€24,705 | +13.0% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €39,932 | €64,637 | +€24,705 | +61.9% |
| Trade debts | 44 | €6,734 | €11,108 | +€4,374 | +64.9% |
| Suppliers | 440/4 | €6,734 | €11,108 | +€4,374 | +64.9% |
| Taxes, remuneration and social security | 45 | €18,960 | €2,670 | -€16,290 | -85.9% |
| Taxes | 450/3 | €18,960 | €2,670 | -€16,290 | -85.9% |
| Other amounts payable | 47/48 | €14,238 | €50,858 | +€36,621 | +257% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,250 | €1,703 | +€453 | +36.3% |
| Other operating charges | 640/8 | €683 | €763 | +€80 | +11.7% |
| Gross operating margin | 9900 | €41,098 | -€14,715 | -€55,814 | |
| Operating profit (loss) | 9901 | €39,166 | -€17,181 | -€56,347 | |
| Financial income | 75/76B | €917 | €7,363 | +€6,446 | +703% |
| Recurring financial income | 75 | €917 | €7,363 | +€6,446 | +703% |
| Financial charges | 65/66B | €8,497 | €9,056 | +€559 | +6.6% |
| Recurring financial charges | 65 | €8,497 | €9,056 | +€559 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €31,586 | -€18,874 | -€50,460 | |
| Income taxes | 67/77 | €8,621 | - | -€8,621 | |
| Profit (loss) for the period | 9904 | €22,965 | -€18,874 | -€41,840 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,965 | -€18,874 | -€41,840 |
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 14 October 2026 via checked.be.