JK Vloerverwarming: what changed
JK Vloerverwarming
Largest movements
- Cash -€27,083
down €27,083 (-66.3%), from €40,820 to €13,736
mainly Net result for the year (-€85,923) and Tax, wage and social debts (-€15,214)
- Receivables within one year -€20,256
down €20,256 (-18.9%), from €107,415 to €87,159
of which Trade receivables: -€22,595
- Tangible fixed assets -€5,525
down €5,525 (-35.3%), from €15,672 to €10,147
of which Furniture and vehicles: -€2,900
- Stocks and contracts -€4,356
down €4,356 (-7.1%), from €61,576 to €57,220
- Deferred charges and accrued income +€4,210
up €4,210 (+164%), from €2,564 to €6,774
- Profit (loss) carried forward -€85,923
down €85,923 (-3.8%), from -€2.3m to -€2.3m
- Other debts +€37,166
up €37,166 (+1.7%), from €2.2m to €2.3m
- Trade debts +€23,379
up €23,379 (+12.8%), from €182,302 to €205,681
- Tax, wage and social debts -€15,214
down €15,214 (-58.7%), from €25,935 to €10,721
of which Remuneration and social security: -€11,547
- Accrued charges and deferred income -€12,418
down €12,418 (-54.6%), from €22,724 to €10,305
- Gross operating margin +€76,329
up €76,329 (+59.2%), from €129,018 to €205,347
- Staff costs +€51,642
up €51,642 (+24.3%), from €212,914 to €264,556
- Depreciation -€11,874
down €11,874 (-63.3%), from €18,745 to €6,871
- Write-downs -€9,838
new in 2025: -€9,838
- Other operating charges +€6,305
up €6,305 (+32.2%), from €19,570 to €25,875
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 | €233,439 | €180,429 | -€53,011 | -22.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €21,065 | €15,539 | -€5,525 | -26.2% |
| Tangible fixed assets | 22/27 | €15,672 | €10,147 | -€5,525 | -35.3% |
| Plant, machinery and equipment | 23 | €9,511 | €6,886 | -€2,625 | -27.6% |
| Furniture and vehicles | 24 | €6,161 | €3,261 | -€2,900 | -47.1% |
| Financial fixed assets | 28 | €5,393 | €5,393 | = | 0.0% |
| Current assets | 29/58 | €212,375 | €164,889 | -€47,485 | -22.4% |
| Stocks and contracts in progress | 3 | €61,576 | €57,220 | -€4,356 | -7.1% |
| Stocks | 30/36 | €61,576 | €57,220 | -€4,356 | -7.1% |
| Amounts receivable within one year | 40/41 | €107,415 | €87,159 | -€20,256 | -18.9% |
| Trade receivables | 40 | €88,263 | €65,668 | -€22,595 | -25.6% |
| Other amounts receivable | 41 | €19,152 | €21,490 | +€2,339 | +12.2% |
| Cash at bank and in hand | 54/58 | €40,820 | €13,736 | -€27,083 | -66.3% |
| Deferred charges and accrued income | 490/1 | €2,564 | €6,774 | +€4,210 | +164% |
| Total equity and liabilities | 10/49 | €233,439 | €180,429 | -€53,011 | -22.7% |
| Equity | 10/15 | -€2,245,095 | -€2,331,018 | -€85,923 | -3.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,257,495 | -€2,343,418 | -€85,923 | -3.8% |
| Amounts payable | 17/49 | €2,478,534 | €2,511,447 | +€32,913 | +1.3% |
| Amounts payable within one year | 42/48 | €2,455,810 | €2,501,141 | +€45,331 | +1.8% |
| Trade debts | 44 | €182,302 | €205,681 | +€23,379 | +12.8% |
| Suppliers | 440/4 | €182,302 | €205,681 | +€23,379 | +12.8% |
| Taxes, remuneration and social security | 45 | €25,935 | €10,721 | -€15,214 | -58.7% |
| Taxes | 450/3 | €6,198 | €2,531 | -€3,667 | -59.2% |
| Remuneration and social security | 454/9 | €19,737 | €8,190 | -€11,547 | -58.5% |
| Other amounts payable | 47/48 | €2,247,573 | €2,284,739 | +€37,166 | +1.7% |
| Accrued charges and deferred income | 492/3 | €22,724 | €10,305 | -€12,418 | -54.6% |
| Remuneration, social security and pensions | 62 | €212,914 | €264,556 | +€51,642 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,745 | €6,871 | -€11,874 | -63.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€9,838 | -€9,838 | |
| Other operating charges | 640/8 | €19,570 | €25,875 | +€6,305 | +32.2% |
| Gross operating margin | 9900 | €129,018 | €205,347 | +€76,329 | +59.2% |
| Operating profit (loss) | 9901 | -€122,212 | -€82,118 | +€40,094 | +32.8% |
| Financial income | 75/76B | €37 | €173 | +€137 | +374% |
| Recurring financial income | 75 | €37 | €173 | +€137 | +374% |
| Financial charges | 65/66B | €692 | €3,759 | +€3,066 | +443% |
| Recurring financial charges | 65 | €692 | €3,759 | +€3,066 | +443% |
| Profit (loss) for the period before taxes | 9903 | -€122,868 | -€85,703 | +€37,164 | +30.2% |
| Income taxes | 67/77 | - | €220 | +€220 | |
| Profit (loss) for the period | 9904 | -€122,868 | -€85,923 | +€36,944 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€122,868 | -€85,923 | +€36,944 | +30.1% |
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 8 November 2026 via checked.be.