JKB Group: what changed
JKB Group
Largest movements
- Stocks and contracts +€27,321
up €27,321 (+152%), from €18,000 to €45,321
of which Stocks: +€24,345
- Receivables within one year +€10,286
up €10,286 (+22.7%), from €45,342 to €55,628
of which Trade receivables: +€24,516
- Cash -€7,376
down €7,376 (-100%), from €7,376 to €0
mainly Investment in fixed assets (net) (-€31,500) and Stocks and contracts (-€27,321)
- Financial fixed assets +€4,500
new in 2025: €4,500
- Deferred charges and accrued income +€4,000
new in 2025: €4,000
- Short-term financial debts +€34,068
new in 2025: €34,068
- Reserves +€22,452
up €22,452 (+52.9%), from €42,408 to €64,860
- Debts after one year -€18,125
down €18,125 (-10.4%), from €174,278 to €156,153
- Trade debts -€15,898
down €15,898 (-21.0%), from €75,858 to €59,961
- Current portion of long-term debt +€9,954
up €9,954 (+47.1%), from €21,144 to €31,098
- Gross operating margin +€27,625
up €27,625 (+47.0%), from €58,774 to €86,399
- Taxes +€6,811
up €6,811 (+349%), from €1,950 to €8,761
- Depreciation +€3,865
up €3,865 (+14.9%), from €25,966 to €29,831
- Staff costs -€3,175
down €3,175 (-22.7%), from €13,968 to €10,793
- Other operating charges -€1,953
down €1,953 (-51.1%), from €3,820 to €1,867
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 | €334,183 | €370,082 | +€35,899 | +10.7% |
| Fixed assets | 21/28 | €263,465 | €265,134 | +€1,669 | +0.6% |
| Tangible fixed assets | 22/27 | €263,465 | €260,634 | -€2,831 | -1.1% |
| Land and buildings | 22 | €187,138 | €187,138 | -€0 | 0.0% |
| Plant, machinery and equipment | 23 | €28,789 | €43,801 | +€15,012 | +52.1% |
| Furniture and vehicles | 24 | €47,538 | €29,695 | -€17,843 | -37.5% |
| Financial fixed assets | 28 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €70,718 | €104,949 | +€34,231 | +48.4% |
| Stocks and contracts in progress | 3 | €18,000 | €45,321 | +€27,321 | +152% |
| Stocks | 30/36 | €18,000 | €42,345 | +€24,345 | +135% |
| Contracts in progress | 37 | - | €2,976 | +€2,976 | |
| Amounts receivable within one year | 40/41 | €45,342 | €55,628 | +€10,286 | +22.7% |
| Trade receivables | 40 | €14,913 | €39,429 | +€24,516 | +164% |
| Other amounts receivable | 41 | €30,429 | €16,199 | -€14,231 | -46.8% |
| Cash at bank and in hand | 54/58 | €7,376 | €0 | -€7,376 | -100% |
| Deferred charges and accrued income | 490/1 | - | €4,000 | +€4,000 | |
| Total equity and liabilities | 10/49 | €334,183 | €370,082 | +€35,899 | +10.7% |
| Equity | 10/15 | €44,408 | €66,860 | +€22,452 | +50.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €42,408 | €64,860 | +€22,452 | +52.9% |
| Distributable reserves | 133 | €42,408 | €64,860 | +€22,452 | +52.9% |
| Amounts payable | 17/49 | €289,775 | €303,223 | +€13,448 | +4.6% |
| Amounts payable after more than one year | 17 | €174,278 | €156,153 | -€18,125 | -10.4% |
| Financial debts | 170/4 | €174,278 | €156,153 | -€18,125 | -10.4% |
| Amounts payable within one year | 42/48 | €114,583 | €147,070 | +€32,487 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €21,144 | €31,098 | +€9,954 | +47.1% |
| Financial debts | 43 | - | €34,068 | +€34,068 | |
| Credit institutions | 430/8 | - | €34,068 | +€34,068 | |
| Trade debts | 44 | €75,858 | €59,961 | -€15,898 | -21.0% |
| Suppliers | 440/4 | €75,858 | €59,961 | -€15,898 | -21.0% |
| Taxes, remuneration and social security | 45 | €10,081 | €14,443 | +€4,362 | +43.3% |
| Taxes | 450/3 | €10,081 | €14,443 | +€4,362 | +43.3% |
| Other amounts payable | 47/48 | €7,500 | €7,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €914 | €0 | -€914 | -100% |
| Remuneration, social security and pensions | 62 | €13,968 | €10,793 | -€3,175 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,966 | €29,831 | +€3,865 | +14.9% |
| Other operating charges | 640/8 | €3,820 | €1,867 | -€1,953 | -51.1% |
| Gross operating margin | 9900 | €58,774 | €86,399 | +€27,625 | +47.0% |
| Operating profit (loss) | 9901 | €15,019 | €43,907 | +€28,888 | +192% |
| Financial income | 75/76B | €227 | €684 | +€457 | +201% |
| Recurring financial income | 75 | €227 | €684 | +€457 | +201% |
| Financial charges | 65/66B | €12,367 | €13,379 | +€1,012 | +8.2% |
| Recurring financial charges | 65 | €12,367 | €13,379 | +€1,012 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €2,880 | €31,212 | +€28,333 | +984% |
| Income taxes | 67/77 | €1,950 | €8,761 | +€6,811 | +349% |
| Profit (loss) for the period | 9904 | €930 | €22,452 | +€21,522 | +2,314% |
| Profit (loss) for the period to be appropriated | 9905 | €930 | €22,452 | +€21,522 | +2,314% |
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 4 November 2026 via checked.be.