JK WORKS: 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 WORKS
Largest movements
- Cash -€10,011
down €10,011 (-37.1%), from €27,005 to €16,994
mainly Contributions, distributions and other (-€50,391) and Receivables within one year (-€9,559)
- Receivables within one year +€9,559
up €9,559 (+32.5%), from €29,425 to €38,984
of which Trade receivables: +€26,091
- Deferred charges and accrued income -€1,629
down €1,629 (-70.6%), from €2,308 to €679
- Profit (loss) carried forward -€25,388
down €25,388 (-100.0%), from €25,391 to €3
- Trade debts +€15,175
up €15,175 (+560%), from €2,711 to €17,887
- Tax, wage and social debts +€4,500
up €4,500 (+15,080%), from €30 to €4,530
- Other debts +€3,631
new in 2025: €3,631
- Gross operating margin +€17,983
up €17,983 (+138%), from €13,068 to €31,051
- Taxes +€3,731
up €3,731 (+146%), from €2,560 to €6,291
- Financial income +€755
up €755 (+112%), from €675 to €1,431
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 | €70,839 | €68,757 | -€2,082 | -2.9% |
| Fixed assets | 21/28 | €12,100 | €12,100 | = | 0.0% |
| Financial fixed assets | 28 | €12,100 | €12,100 | = | 0.0% |
| Current assets | 29/58 | €58,739 | €56,657 | -€2,082 | -3.5% |
| Amounts receivable within one year | 40/41 | €29,425 | €38,984 | +€9,559 | +32.5% |
| Trade receivables | 40 | €7,102 | €33,193 | +€26,091 | +367% |
| Other amounts receivable | 41 | €22,323 | €5,791 | -€16,532 | -74.1% |
| Cash at bank and in hand | 54/58 | €27,005 | €16,994 | -€10,011 | -37.1% |
| Deferred charges and accrued income | 490/1 | €2,308 | €679 | -€1,629 | -70.6% |
| Total equity and liabilities | 10/49 | €70,839 | €68,757 | -€2,082 | -2.9% |
| Equity | 10/15 | €68,097 | €42,709 | -€25,388 | -37.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €41,706 | €41,706 | = | 0.0% |
| Distributable reserves | 133 | €41,706 | €41,706 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,391 | €3 | -€25,388 | -100.0% |
| Amounts payable | 17/49 | €2,741 | €26,047 | +€23,306 | +850% |
| Amounts payable within one year | 42/48 | €2,741 | €26,047 | +€23,306 | +850% |
| Trade debts | 44 | €2,711 | €17,887 | +€15,175 | +560% |
| Suppliers | 440/4 | €2,711 | €17,887 | +€15,175 | +560% |
| Taxes, remuneration and social security | 45 | €30 | €4,530 | +€4,500 | +15,080% |
| Taxes | 450/3 | €30 | €4,530 | +€4,500 | +15,080% |
| Other amounts payable | 47/48 | - | €3,631 | +€3,631 | |
| Other operating charges | 640/8 | €1,030 | €1,117 | +€86 | +8.4% |
| Gross operating margin | 9900 | €13,068 | €31,051 | +€17,983 | +138% |
| Operating profit (loss) | 9901 | €12,038 | €29,935 | +€17,896 | +149% |
| Financial income | 75/76B | €675 | €1,431 | +€755 | +112% |
| Recurring financial income | 75 | €675 | €1,431 | +€755 | +112% |
| Financial charges | 65/66B | €74 | €70 | -€3 | -4.2% |
| Recurring financial charges | 65 | €74 | €70 | -€3 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €12,640 | €31,295 | +€18,655 | +148% |
| Income taxes | 67/77 | €2,560 | €6,291 | +€3,731 | +146% |
| Profit (loss) for the period | 9904 | €10,080 | €25,003 | +€14,924 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €10,080 | €25,003 | +€14,924 | +148% |
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 30 October 2026 via checked.be.