JKA Law: 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.
JKA Law
Largest movements
- Cash -€63,758
down €63,758 (-66.6%), from €95,690 to €31,932
mainly Contributions, distributions and other (-€202,000) and Investment in fixed assets (net) (-€83,193)
- Tangible fixed assets +€63,269
up €63,269 (+54.9%), from €115,316 to €178,586
of which Other tangible fixed assets: +€63,321
- Receivables within one year +€37,630
up €37,630 (+33.5%), from €112,298 to €149,928
of which Trade receivables: +€37,330
- Current portion of long-term debt +€12,444
new in 2025: €12,444
- Debts after one year +€9,820
up €9,820 (+8.5%), from €115,690 to €125,510
- Tax, wage and social debts +€9,465
up €9,465 (+50.3%), from €18,814 to €28,279
- Other debts +€9,183
up €9,183 (+5.2%), from €176,474 to €185,657
- Accrued charges and deferred income -€6,000
down €6,000 (-100%), from €6,000 to €0
- Gross operating margin +€57,513
up €57,513 (+24.0%), from €239,146 to €296,659
- Depreciation +€13,436
up €13,436 (+207%), from €6,488 to €19,924
- Taxes +€12,912
up €12,912 (+23.9%), from €54,088 to €67,000
- Write-downs +€3,100
new in 2025: €3,100
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 | €323,305 | €360,466 | +€37,161 | +11.5% |
| Fixed assets | 21/28 | €115,316 | €178,586 | +€63,269 | +54.9% |
| Tangible fixed assets | 22/27 | €115,316 | €178,586 | +€63,269 | +54.9% |
| Furniture and vehicles | 24 | €3,306 | €3,254 | -€52 | -1.6% |
| Other tangible fixed assets | 26 | €112,011 | €175,332 | +€63,321 | +56.5% |
| Current assets | 29/58 | €207,988 | €181,880 | -€26,108 | -12.6% |
| Amounts receivable within one year | 40/41 | €112,298 | €149,928 | +€37,630 | +33.5% |
| Trade receivables | 40 | €106,298 | €143,628 | +€37,330 | +35.1% |
| Other amounts receivable | 41 | €6,000 | €6,300 | +€300 | +5.0% |
| Cash at bank and in hand | 54/58 | €95,690 | €31,932 | -€63,758 | -66.6% |
| Deferred charges and accrued income | 490/1 | - | €21 | +€21 | |
| Total equity and liabilities | 10/49 | €323,305 | €360,466 | +€37,161 | +11.5% |
| Equity | 10/15 | €3,280 | €1,075 | -€2,205 | -67.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,780 | €575 | -€2,205 | -79.3% |
| Amounts payable | 17/49 | €320,024 | €359,391 | +€39,367 | +12.3% |
| Amounts payable after more than one year | 17 | €115,690 | €125,510 | +€9,820 | +8.5% |
| Financial debts | 170/4 | €115,690 | €125,510 | +€9,820 | +8.5% |
| Amounts payable within one year | 42/48 | €198,334 | €233,881 | +€35,547 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | - | €12,444 | +€12,444 | |
| Trade debts | 44 | €3,046 | €7,501 | +€4,455 | +146% |
| Suppliers | 440/4 | €3,046 | €7,501 | +€4,455 | +146% |
| Taxes, remuneration and social security | 45 | €18,814 | €28,279 | +€9,465 | +50.3% |
| Taxes | 450/3 | €18,814 | €28,279 | +€9,465 | +50.3% |
| Other amounts payable | 47/48 | €176,474 | €185,657 | +€9,183 | +5.2% |
| Accrued charges and deferred income | 492/3 | €6,000 | €0 | -€6,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,488 | €19,924 | +€13,436 | +207% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,100 | +€3,100 | |
| Other operating charges | 640/8 | €1,110 | €1,145 | +€36 | +3.2% |
| Gross operating margin | 9900 | €239,146 | €296,659 | +€57,513 | +24.0% |
| Operating profit (loss) | 9901 | €231,549 | €272,490 | +€40,941 | +17.7% |
| Financial income | 75/76B | €1 | €196 | +€196 | +24,751% |
| Recurring financial income | 75 | €1 | €196 | +€196 | +24,751% |
| Financial charges | 65/66B | €3,391 | €5,892 | +€2,501 | +73.8% |
| Recurring financial charges | 65 | €3,391 | €5,892 | +€2,501 | +73.8% |
| Profit (loss) for the period before taxes | 9903 | €228,159 | €266,795 | +€38,636 | +16.9% |
| Income taxes | 67/77 | €54,088 | €67,000 | +€12,912 | +23.9% |
| Profit (loss) for the period | 9904 | €174,070 | €199,795 | +€25,724 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €174,070 | €199,795 | +€25,724 | +14.8% |
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 1 November 2026 via checked.be.