JK Usinage: 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 Usinage
Largest movements
- Tangible fixed assets -€23,597
down €23,597 (-26.6%), from €88,592 to €64,995
of which Leasing and similar rights: -€13,198
- Cash +€21,738
up €21,738 (+55.4%), from €39,239 to €60,978
mainly Net result for the year (+€35,344) and Depreciation (+€32,704)
- Stocks and contracts +€11,307
up €11,307 (+130%), from €8,683 to €19,990
- Receivables within one year -€10,596
down €10,596 (-16.4%), from €64,691 to €54,095
of which Trade receivables: -€10,542
- Profit (loss) carried forward +€25,344
up €25,344 (+47.3%), from €53,630 to €78,974
- Short-term financial debts -€17,945
down €17,945 (-38.1%), from €47,054 to €29,109
- Debts after one year -€12,974
down €12,974 (-25.4%), from €51,053 to €38,080
- Other debts +€8,129
up €8,129 (+408%), from €1,992 to €10,121
- Depreciation -€5,335
down €5,335 (-14.0%), from €38,039 to €32,704
- Gross operating margin +€3,848
up €3,848 (+4.9%), from €78,473 to €82,321
- Taxes +€2,420
up €2,420 (+30.6%), from €7,900 to €10,320
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 | €205,054 | €205,004 | -€50 | 0.0% |
| Fixed assets | 21/28 | €88,592 | €64,995 | -€23,597 | -26.6% |
| Tangible fixed assets | 22/27 | €88,592 | €64,995 | -€23,597 | -26.6% |
| Plant, machinery and equipment | 23 | €38,543 | €30,352 | -€8,191 | -21.3% |
| Leasing and similar rights | 25 | €43,563 | €30,366 | -€13,198 | -30.3% |
| Other tangible fixed assets | 26 | €6,485 | €4,277 | -€2,208 | -34.0% |
| Current assets | 29/58 | €116,462 | €140,009 | +€23,546 | +20.2% |
| Stocks and contracts in progress | 3 | €8,683 | €19,990 | +€11,307 | +130% |
| Stocks | 30/36 | €8,683 | €19,990 | +€11,307 | +130% |
| Amounts receivable within one year | 40/41 | €64,691 | €54,095 | -€10,596 | -16.4% |
| Trade receivables | 40 | €61,857 | €51,314 | -€10,542 | -17.0% |
| Other amounts receivable | 41 | €2,835 | €2,780 | -€54 | -1.9% |
| Cash at bank and in hand | 54/58 | €39,239 | €60,978 | +€21,738 | +55.4% |
| Deferred charges and accrued income | 490/1 | €3,849 | €4,946 | +€1,098 | +28.5% |
| Total equity and liabilities | 10/49 | €205,054 | €205,004 | -€50 | 0.0% |
| Equity | 10/15 | €75,630 | €100,974 | +€25,344 | +33.5% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,630 | €78,974 | +€25,344 | +47.3% |
| Amounts payable | 17/49 | €129,424 | €104,029 | -€25,395 | -19.6% |
| Amounts payable after more than one year | 17 | €51,053 | €38,080 | -€12,974 | -25.4% |
| Financial debts | 170/4 | €51,053 | €38,080 | -€12,974 | -25.4% |
| Amounts payable within one year | 42/48 | €78,371 | €65,950 | -€12,421 | -15.8% |
| Financial debts | 43 | €47,054 | €29,109 | -€17,945 | -38.1% |
| Credit institutions | 430/8 | €47,054 | €29,109 | -€17,945 | -38.1% |
| Trade debts | 44 | €9,963 | €8,113 | -€1,849 | -18.6% |
| Suppliers | 440/4 | €9,963 | €8,113 | -€1,849 | -18.6% |
| Taxes, remuneration and social security | 45 | €19,362 | €18,607 | -€755 | -3.9% |
| Taxes | 450/3 | €19,362 | €18,607 | -€755 | -3.9% |
| Other amounts payable | 47/48 | €1,992 | €10,121 | +€8,129 | +408% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,039 | €32,704 | -€5,335 | -14.0% |
| Other operating charges | 640/8 | €417 | €296 | -€121 | -29.1% |
| Gross operating margin | 9900 | €78,473 | €82,321 | +€3,848 | +4.9% |
| Operating profit (loss) | 9901 | €40,017 | €49,321 | +€9,304 | +23.2% |
| Financial income | 75/76B | €34 | €9 | -€26 | -74.9% |
| Recurring financial income | 75 | €34 | €9 | -€26 | -74.9% |
| Financial charges | 65/66B | €4,378 | €3,666 | -€712 | -16.3% |
| Recurring financial charges | 65 | €4,378 | €3,666 | -€712 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €35,674 | €45,664 | +€9,990 | +28.0% |
| Income taxes | 67/77 | €7,900 | €10,320 | +€2,420 | +30.6% |
| Profit (loss) for the period | 9904 | €27,774 | €35,344 | +€7,571 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,774 | €35,344 | +€7,571 | +27.3% |
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 19 October 2026 via checked.be.