JK Projects & Consult: 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 Projects & Consult
Largest movements
- Cash -€41,321
down €41,321 (-68.0%), from €60,752 to €19,431
mainly Contributions, distributions and other (-€75,000) and Debts after one year (-€19,666)
- Tangible fixed assets -€13,179
down €13,179 (-4.7%), from €278,692 to €265,512
of which Land and buildings: -€16,250
- Receivables within one year -€10,503
down €10,503 (-27.6%), from €38,113 to €27,610
of which Other amounts receivable: -€12,173
- Reserves -€55,720
down €55,720 (-47.8%), from €116,562 to €60,842
- Debts after one year -€19,666
down €19,666 (-9.0%), from €218,125 to €198,459
- Tax, wage and social debts +€9,904
up €9,904 (+57.9%), from €17,101 to €27,004
- Gross operating margin -€23,212
down €23,212 (-31.3%), from €74,167 to €50,955
- Taxes -€9,034
down €9,034 (-56.9%), from €15,870 to €6,837
- Financial income +€744
up €744 (+247943.3%), from €0 to €744
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 | €377,557 | €312,554 | -€65,003 | -17.2% |
| Fixed assets | 21/28 | €278,692 | €265,512 | -€13,179 | -4.7% |
| Tangible fixed assets | 22/27 | €278,692 | €265,512 | -€13,179 | -4.7% |
| Land and buildings | 22 | €266,277 | €250,027 | -€16,250 | -6.1% |
| Plant, machinery and equipment | 23 | €12,414 | €10,340 | -€2,074 | -16.7% |
| Furniture and vehicles | 24 | - | €5,144 | +€5,144 | |
| Current assets | 29/58 | €98,865 | €47,042 | -€51,823 | -52.4% |
| Amounts receivable within one year | 40/41 | €38,113 | €27,610 | -€10,503 | -27.6% |
| Trade receivables | 40 | €18,295 | €19,965 | +€1,670 | +9.1% |
| Other amounts receivable | 41 | €19,818 | €7,645 | -€12,173 | -61.4% |
| Cash at bank and in hand | 54/58 | €60,752 | €19,431 | -€41,321 | -68.0% |
| Total equity and liabilities | 10/49 | €377,557 | €312,554 | -€65,003 | -17.2% |
| Equity | 10/15 | €119,562 | €63,842 | -€55,720 | -46.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €116,562 | €60,842 | -€55,720 | -47.8% |
| Distributable reserves | 133 | €116,562 | €60,842 | -€55,720 | -47.8% |
| Amounts payable | 17/49 | €257,995 | €248,712 | -€9,283 | -3.6% |
| Amounts payable after more than one year | 17 | €218,125 | €198,459 | -€19,666 | -9.0% |
| Financial debts | 170/4 | €218,125 | €198,459 | -€19,666 | -9.0% |
| Amounts payable within one year | 42/48 | €39,870 | €50,253 | +€10,384 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €19,409 | €19,666 | +€257 | +1.3% |
| Trade debts | 44 | €3,360 | €3,583 | +€222 | +6.6% |
| Suppliers | 440/4 | €3,360 | €3,583 | +€222 | +6.6% |
| Taxes, remuneration and social security | 45 | €17,101 | €27,004 | +€9,904 | +57.9% |
| Taxes | 450/3 | €17,101 | €27,004 | +€9,904 | +57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,324 | €18,848 | +€524 | +2.9% |
| Other operating charges | 640/8 | €2,963 | €2,921 | -€42 | -1.4% |
| Gross operating margin | 9900 | €74,167 | €50,955 | -€23,212 | -31.3% |
| Operating profit (loss) | 9901 | €52,880 | €29,187 | -€23,694 | -44.8% |
| Financial income | 75/76B | €0 | €744 | +€744 | +247943.3% |
| Recurring financial income | 75 | €0 | €744 | +€744 | +247943.3% |
| Financial charges | 65/66B | €3,492 | €3,814 | +€322 | +9.2% |
| Recurring financial charges | 65 | €3,492 | €3,814 | +€322 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €49,389 | €26,117 | -€23,272 | -47.1% |
| Income taxes | 67/77 | €15,870 | €6,837 | -€9,034 | -56.9% |
| Profit (loss) for the period | 9904 | €33,519 | €19,280 | -€14,239 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,519 | €19,280 | -€14,239 | -42.5% |
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 6 October 2026 via checked.be.