JKI: 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.
JKI
Largest movements
- Cash +€628,505
up €628,505 (+71.0%), from €885,640 to €1.5m
mainly Net result for the year (+€1.0m) and Receivables after one year (+€165,000)
- Receivables within one year +€318,239
up €318,239 (+62.5%), from €509,467 to €827,706
of which Other amounts receivable: +€222,439
- Receivables after one year -€165,000
down €165,000 (-27.7%), from €595,000 to €430,000
- Reserves +€773,280
up €773,280 (+22.4%), from €3.4m to €4.2m
- Other debts -€113,682
down €113,682 (-15.4%), from €740,399 to €626,718
- Tax, wage and social debts +€70,133
up €70,133 (+613%), from €11,445 to €81,577
- Financial income +€472,691
up €472,691 (+689%), from €68,611 to €541,302
- Gross operating margin +€241,606
up €241,606 (+40.4%), from €597,410 to €839,016
- Taxes +€111,721
up €111,721 (+57.1%), from €195,768 to €307,489
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 | €4,248,730 | €5,011,532 | +€762,802 | +18.0% |
| Fixed assets | 21/28 | €2,007,952 | €1,988,589 | -€19,363 | -1.0% |
| Tangible fixed assets | 22/27 | €1,920,007 | €1,900,644 | -€19,363 | -1.0% |
| Land and buildings | 22 | €1,920,007 | €1,900,644 | -€19,363 | -1.0% |
| Financial fixed assets | 28 | €87,945 | €87,945 | = | 0.0% |
| Current assets | 29/58 | €2,240,777 | €3,022,943 | +€782,165 | +34.9% |
| Amounts receivable after more than one year | 29 | €595,000 | €430,000 | -€165,000 | -27.7% |
| Other amounts receivable | 291 | €595,000 | €430,000 | -€165,000 | -27.7% |
| Amounts receivable within one year | 40/41 | €509,467 | €827,706 | +€318,239 | +62.5% |
| Trade receivables | 40 | €287,440 | €383,240 | +€95,800 | +33.3% |
| Other amounts receivable | 41 | €222,027 | €444,466 | +€222,439 | +100% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €885,640 | €1,514,145 | +€628,505 | +71.0% |
| Deferred charges and accrued income | 490/1 | €671 | €1,092 | +€422 | +62.9% |
| Total equity and liabilities | 10/49 | €4,248,730 | €5,011,532 | +€762,802 | +18.0% |
| Equity | 10/15 | €3,454,432 | €4,227,711 | +€773,280 | +22.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,448,232 | €4,221,511 | +€773,280 | +22.4% |
| Distributable reserves | 133 | €3,448,232 | €4,221,511 | +€773,280 | +22.4% |
| Amounts payable | 17/49 | €794,298 | €783,821 | -€10,477 | -1.3% |
| Amounts payable within one year | 42/48 | €790,173 | €780,221 | -€9,952 | -1.3% |
| Financial debts | 43 | €38,171 | €71,925 | +€33,755 | +88.4% |
| Credit institutions | 430/8 | €38,171 | €71,925 | +€33,755 | +88.4% |
| Trade debts | 44 | €158 | - | -€158 | |
| Suppliers | 440/4 | €158 | - | -€158 | |
| Taxes, remuneration and social security | 45 | €11,445 | €81,577 | +€70,133 | +613% |
| Taxes | 450/3 | €11,445 | €81,577 | +€70,133 | +613% |
| Other amounts payable | 47/48 | €740,399 | €626,718 | -€113,682 | -15.4% |
| Accrued charges and deferred income | 492/3 | €4,125 | €3,600 | -€525 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,878 | €19,363 | +€1,485 | +8.3% |
| Other operating charges | 640/8 | €20,960 | €21,642 | +€682 | +3.3% |
| Gross operating margin | 9900 | €597,410 | €839,016 | +€241,606 | +40.4% |
| Operating profit (loss) | 9901 | €558,573 | €798,011 | +€239,439 | +42.9% |
| Financial income | 75/76B | €68,611 | €541,302 | +€472,691 | +689% |
| Recurring financial income | 75 | €68,611 | €541,302 | +€472,691 | +689% |
| Financial charges | 65/66B | €1,489 | €2,544 | +€1,055 | +70.8% |
| Recurring financial charges | 65 | €1,489 | €2,544 | +€1,055 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | €625,694 | €1,336,769 | +€711,075 | +114% |
| Income taxes | 67/77 | €195,768 | €307,489 | +€111,721 | +57.1% |
| Profit (loss) for the period | 9904 | €429,926 | €1,029,280 | +€599,354 | +139% |
| Profit (loss) for the period to be appropriated | 9905 | €429,926 | €1,029,280 | +€599,354 | +139% |
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 21 October 2026 via checked.be.