JKC: 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.
JKC
Largest movements
- Cash +€75,944
up €75,944 (+89.3%), from €85,086 to €161,030
mainly Net result for the year (+€70,422) and Tax, wage and social debts (+€19,417)
- Receivables within one year +€13,520
up €13,520 (+75.2%), from €17,975 to €31,495
of which Trade receivables: +€12,526
- Reserves +€70,422
up €70,422 (+90.8%), from €77,522 to €147,944
- Tax, wage and social debts +€19,417
up €19,417 (+69.9%), from €27,796 to €47,213
- Gross operating margin -€8,790
down €8,790 (-8.6%), from €102,588 to €93,798
- Taxes -€2,241
down €2,241 (-11.0%), from €20,350 to €18,109
- Depreciation +€1,536
up €1,536 (+156%), from €982 to €2,518
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 | €109,519 | €198,185 | +€88,666 | +81.0% |
| Fixed assets | 21/28 | €5,724 | €4,383 | -€1,341 | -23.4% |
| Tangible fixed assets | 22/27 | €5,724 | €4,383 | -€1,341 | -23.4% |
| Plant, machinery and equipment | 23 | €5,724 | €3,489 | -€2,235 | -39.1% |
| Furniture and vehicles | 24 | - | €895 | +€895 | |
| Current assets | 29/58 | €103,795 | €193,802 | +€90,007 | +86.7% |
| Amounts receivable within one year | 40/41 | €17,975 | €31,495 | +€13,520 | +75.2% |
| Trade receivables | 40 | €16,988 | €29,514 | +€12,526 | +73.7% |
| Other amounts receivable | 41 | €986 | €1,980 | +€994 | +101% |
| Cash at bank and in hand | 54/58 | €85,086 | €161,030 | +€75,944 | +89.3% |
| Deferred charges and accrued income | 490/1 | €734 | €1,277 | +€543 | +74.0% |
| Total equity and liabilities | 10/49 | €109,519 | €198,185 | +€88,666 | +81.0% |
| Equity | 10/15 | €78,522 | €148,944 | +€70,422 | +89.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €77,522 | €147,944 | +€70,422 | +90.8% |
| Distributable reserves | 133 | €77,522 | €147,944 | +€70,422 | +90.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €30,996 | €49,241 | +€18,244 | +58.9% |
| Amounts payable within one year | 42/48 | €30,578 | €49,241 | +€18,663 | +61.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,923 | €2,028 | +€105 | +5.4% |
| Suppliers | 440/4 | €1,923 | €2,028 | +€105 | +5.4% |
| Taxes, remuneration and social security | 45 | €27,796 | €47,213 | +€19,417 | +69.9% |
| Taxes | 450/3 | €27,796 | €47,213 | +€19,417 | +69.9% |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100% |
| Accrued charges and deferred income | 492/3 | €419 | €0 | -€419 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €982 | €2,518 | +€1,536 | +156% |
| Other operating charges | 640/8 | €1,656 | €1,566 | -€90 | -5.4% |
| Gross operating margin | 9900 | €102,588 | €93,798 | -€8,790 | -8.6% |
| Operating profit (loss) | 9901 | €99,949 | €89,714 | -€10,235 | -10.2% |
| Financial income | 75/76B | €29 | €80 | +€51 | +174% |
| Recurring financial income | 75 | €29 | €80 | +€51 | +174% |
| Financial charges | 65/66B | €937 | €1,262 | +€326 | +34.8% |
| Recurring financial charges | 65 | €937 | €1,262 | +€326 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €99,042 | €88,531 | -€10,510 | -10.6% |
| Income taxes | 67/77 | €20,350 | €18,109 | -€2,241 | -11.0% |
| Profit (loss) for the period | 9904 | €78,692 | €70,422 | -€8,270 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €78,692 | €70,422 | -€8,270 | -10.5% |
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 14 October 2026 via checked.be.