JKLM: 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.
What changed
JKLM
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€45,405
2024 · -€105,922+€60,518
Equity
€1.2m
2024 · €1.2m-€45,405
Cash
€80,102
2024 · €97,489-€17,386
Balance sheet total
€2.1m
2024 · €2.3m-€131,176
Largest movements
Assets
- Tangible fixed assets -€132,027
down €132,027 (-6.6%), from €2.0m to €1.9m
of which Land and buildings: -€72,572
Equity and liabilities
- Reserves -€45,405
down €45,405 (-3.9%), from €1.2m to €1.1m
of which Tax-exempt reserves: -€54,860
- Other debts -€29,511
down €29,511 (-4.2%), from €709,317 to €679,806
- Current portion of long-term debt -€28,683
down €28,683 (-83.1%), from €34,501 to €5,818
Income statement
- Gross operating margin +€32,662
up €32,662 (+231.9%), from €14,084 to €46,747
- Depreciation -€16,860
down €16,860 (-13.5%), from €124,709 to €107,849
- Financial charges -€864
down €864 (-49.8%), from €1,734 to €871
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.
Result 2024
-€105,922
Gross operating margin
+€32,662
Depreciation
+€16,860
Other operating charges
+€214
Other operating items
+€7
Financial income
-€70
Financial charges
+€864
Taxes
+€0
Deferred taxes and other
+€9,981
Result 2025
-€45,405
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.
From operations
-€7,063
Investment
+€24,178
Financing
-€34,501
Cash 2024
€97,489
From operations (derived)
-€7,063
Net result for the year
-€45,405
Depreciation
+€107,849
Receivables within one year
-€17,515
Deferred charges and accrued income
-€722
Provisions
-€18,287
Trade debts
+€2,147
Tax, wage and social debts
+€1,080
Other debts
-€29,511
Accrued charges and deferred income
-€6,700
Investment (derived)
+€24,178
Investment in fixed assets (net)
+€24,178
Financing
-€34,501
Debts after one year
-€5,818
Current portion of long-term debt
-€28,683
Cash 2025
€80,102
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,275,922 | €2,144,746 | -€131,176 | -5.8% |
| Fixed assets | 21/28 | €2,133,899 | €2,001,873 | -€132,027 | -6.2% |
| Tangible fixed assets | 22/27 | €1,993,440 | €1,861,413 | -€132,027 | -6.6% |
| Land and buildings | 22 | €1,858,774 | €1,786,202 | -€72,572 | -3.9% |
| Plant, machinery and equipment | 23 | €91,767 | €60,396 | -€31,371 | -34.2% |
| Furniture and vehicles | 24 | €42,899 | €14,814 | -€28,084 | -65.5% |
| Financial fixed assets | 28 | €140,460 | €140,460 | = | 0.0% |
| Current assets | 29/58 | €142,023 | €142,873 | +€851 | +0.6% |
| Amounts receivable within one year | 40/41 | €20,125 | €37,640 | +€17,515 | +87.0% |
| Trade receivables | 40 | €6,264 | €24,684 | +€18,420 | +294.0% |
| Other amounts receivable | 41 | €13,861 | €12,956 | -€905 | -6.5% |
| Current investments | 50/53 | €24,340 | €24,340 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €97,489 | €80,102 | -€17,386 | -17.8% |
| Deferred charges and accrued income | 490/1 | €69 | €791 | +€722 | +1049.0% |
| Total equity and liabilities | 10/49 | €2,275,922 | €2,144,746 | -€131,176 | -5.8% |
| Equity | 10/15 | €1,224,740 | €1,179,336 | -€45,405 | -3.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,163,240 | €1,117,836 | -€45,405 | -3.9% |
| Non-distributable reserves | 130/1 | €30,490 | €30,490 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Own shares acquired | 1312 | €24,340 | €24,340 | = | 0.0% |
| Tax-exempt reserves | 132 | €712,383 | €657,524 | -€54,860 | -7.7% |
| Distributable reserves | 133 | €420,367 | €429,822 | +€9,455 | +2.2% |
| Provisions and deferred taxes | 16 | €220,925 | €202,639 | -€18,287 | -8.3% |
| Deferred taxes | 168 | €220,925 | €202,639 | -€18,287 | -8.3% |
| Amounts payable | 17/49 | €830,256 | €762,771 | -€67,485 | -8.1% |
| Amounts payable after more than one year | 17 | €5,818 | - | -€5,818 | |
| Financial debts | 170/4 | €5,818 | - | -€5,818 | |
| Amounts payable within one year | 42/48 | €757,168 | €702,201 | -€54,967 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €34,501 | €5,818 | -€28,683 | -83.1% |
| Trade debts | 44 | €311 | €2,458 | +€2,147 | +691.1% |
| Suppliers | 440/4 | €311 | €2,458 | +€2,147 | +691.1% |
| Taxes, remuneration and social security | 45 | €13,039 | €14,119 | +€1,080 | +8.3% |
| Taxes | 450/3 | €13,039 | €14,119 | +€1,080 | +8.3% |
| Other amounts payable | 47/48 | €709,317 | €679,806 | -€29,511 | -4.2% |
| Accrued charges and deferred income | 492/3 | €67,270 | €60,570 | -€6,700 | -10.0% |
| Non-recurring operating income | 76A | - | €205 | +€205 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,709 | €107,849 | -€16,860 | -13.5% |
| Other operating charges | 640/8 | €1,306 | €1,093 | -€214 | -16.4% |
| Non-recurring operating charges | 66A | €633 | €627 | -€7 | -1.0% |
| Gross operating margin | 9900 | €14,084 | €46,747 | +€32,662 | +231.9% |
| Operating profit (loss) | 9901 | -€112,564 | -€62,822 | +€49,742 | +44.2% |
| Financial income | 75/76B | €71 | €1 | -€70 | -98.7% |
| Recurring financial income | 75 | €71 | €1 | -€70 | -98.7% |
| Financial charges | 65/66B | €1,734 | €871 | -€864 | -49.8% |
| Recurring financial charges | 65 | €1,734 | €871 | -€864 | -49.8% |
| Profit (loss) for the period before taxes | 9903 | -€114,227 | -€63,691 | +€50,536 | +44.2% |
| Transfer from deferred taxes | 780 | €8,305 | €18,287 | +€9,981 | +120.2% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€105,922 | -€45,405 | +€60,518 | +57.1% |
| Transfer from tax-exempt reserves | 789 | €24,916 | €54,860 | +€29,943 | +120.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€81,006 | €9,455 | +€90,461 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.