JKL: what changed
Two fiscal 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.
JKL
Largest movements
- Tangible fixed assets -€12,397
down €12,397 (-17.9%), from €69,241 to €56,844
of which Other tangible fixed assets: -€11,325
- Deferred charges and accrued income -€2,385
no longer reported in 2025 (was €2,385)
- Receivables within one year +€1,797
up €1,797 (+16.4%), from €10,944 to €12,741
- Current portion of long-term debt -€14,169
down €14,169 (-91.6%), from €15,469 to €1,300
- Profit (loss) carried forward +€5,712
up €5,712 (+15.0%), from €38,163 to €43,876
- Other debts -€2,983
down €2,983 (-13.0%), from €22,993 to €20,010
- Debts after one year -€1,300
no longer reported in 2025 (was €1,300)
- Turnover -€110,345
no longer reported in 2025 (was €110,345)
- Purchases and services -€73,235
no longer reported in 2025 (was €73,235)
- Gross operating margin -€15,406
down €15,406 (-41.5%), from €37,110 to €21,704
- Taxes -€3,277
down €3,277 (-71.0%), from €4,616 to €1,339
- Depreciation -€1,689
down €1,689 (-12.0%), from €14,086 to €12,397
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.
Cash bridge derived
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 | €101,094 | €89,015 | -€12,079 | -11.9% |
| Fixed assets | 21/28 | €69,241 | €56,844 | -€12,397 | -17.9% |
| Tangible fixed assets | 22/27 | €69,241 | €56,844 | -€12,397 | -17.9% |
| Plant, machinery and equipment | 23 | €1,484 | €412 | -€1,072 | -72.2% |
| Other tangible fixed assets | 26 | €67,758 | €56,432 | -€11,325 | -16.7% |
| Current assets | 29/58 | €31,853 | €32,171 | +€318 | +1.0% |
| Amounts receivable within one year | 40/41 | €10,944 | €12,741 | +€1,797 | +16.4% |
| Trade receivables | 40 | €10,944 | €12,741 | +€1,797 | +16.4% |
| Cash at bank and in hand | 54/58 | €18,524 | €19,430 | +€906 | +4.9% |
| Deferred charges and accrued income | 490/1 | €2,385 | - | -€2,385 | |
| Total equity and liabilities | 10/49 | €101,094 | €89,015 | -€12,079 | -11.9% |
| Equity | 10/15 | €40,663 | €46,376 | +€5,712 | +14.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,163 | €43,876 | +€5,712 | +15.0% |
| Amounts payable | 17/49 | €60,431 | €42,639 | -€17,792 | -29.4% |
| Amounts payable after more than one year | 17 | €1,300 | - | -€1,300 | |
| Financial debts | 170/4 | €1,300 | - | -€1,300 | |
| Amounts payable within one year | 42/48 | €59,130 | €42,639 | -€16,491 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €15,469 | €1,300 | -€14,169 | -91.6% |
| Trade debts | 44 | €7,563 | €8,403 | +€840 | +11.1% |
| Suppliers | 440/4 | €7,563 | €8,403 | +€840 | +11.1% |
| Taxes, remuneration and social security | 45 | €13,106 | €12,926 | -€180 | -1.4% |
| Taxes | 450/3 | €13,106 | €12,926 | -€180 | -1.4% |
| Other amounts payable | 47/48 | €22,993 | €20,010 | -€2,983 | -13.0% |
| Turnover | 70 | €110,345 | - | -€110,345 | |
| Goods, raw materials, services and sundry goods | 60/61 | €73,235 | - | -€73,235 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,086 | €12,397 | -€1,689 | -12.0% |
| Other operating charges | 640/8 | €590 | €617 | +€28 | +4.7% |
| Non-recurring operating charges | 66A | - | €171 | +€171 | |
| Gross operating margin | 9900 | €37,110 | €21,704 | -€15,406 | -41.5% |
| Operating profit (loss) | 9901 | €22,434 | €8,519 | -€13,915 | -62.0% |
| Financial charges | 65/66B | €1,969 | €1,467 | -€502 | -25.5% |
| Recurring financial charges | 65 | €1,969 | €1,467 | -€502 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €20,465 | €7,052 | -€13,414 | -65.5% |
| Income taxes | 67/77 | €4,616 | €1,339 | -€3,277 | -71.0% |
| Profit (loss) for the period | 9904 | €15,849 | €5,712 | -€10,137 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,849 | €5,712 | -€10,137 | -64.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.