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JKML: 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

JKML

BE 0567.812.957
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€103,978
2024 · -€37,301+€141,279
Equity
€71,208
2024 · €70,230+€978
Cash
€136,150
2024 · €67,552+€68,599
Balance sheet total
€218,285
2024 · €122,887+€95,398

Largest movements

2024 to 2025
Assets
  • Cash +€68,599

    up €68,599 (+101.6%), from €67,552 to €136,150

    mainly Net result for the year (+€103,978) and Other debts (+€93,000)

  • Receivables within one year +€31,692

    up €31,692 (+146.3%), from €21,655 to €53,347

    of which Other amounts receivable: +€43,289

  • Deferred charges and accrued income -€3,315

    down €3,315 (-19.1%), from €17,352 to €14,037

Equity and liabilities
  • Other debts +€93,000

    up €93,000 (+930.0%), from €10,000 to €103,000

  • Tax, wage and social debts +€18,684

    up €18,684 (+77.5%), from €24,094 to €42,778

  • Current portion of long-term debt -€15,381

    down €15,381 (-92.2%), from €16,677 to €1,296

Income statement
  • Gross operating margin +€46,361

    up €46,361 (+45.1%), from €102,728 to €149,089

  • Taxes +€15,891

    up €15,891 (+84.2%), from €18,876 to €34,767

  • Financial charges +€2,943

    up €2,943 (+91.0%), from €3,235 to €6,178

  • Financial income +€2,417

    up €2,417 (+275.1%), from €878 to €3,295

From the 2024 result to the 2025 result

effect on the 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 -€37,301
Gross operating margin +€46,361
Depreciation -€192
Other operating charges -€563
Other operating items +€112,089
Financial income +€2,417
Financial charges -€2,943
Taxes -€15,891
Result 2025 €103,978

Cash bridge derived

cash 2024 to 2025

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 +€190,656
Investment -€3,677
Financing -€118,381
Cash 2024 €67,552
Net result for the year +€103,978
Depreciation +€5,254
Receivables within one year -€31,692
Deferred charges and accrued income +€3,315
Trade debts -€1,883
Tax, wage and social debts +€18,684
Other debts +€93,000
Investment in fixed assets (net) -€3,677
Current portion of long-term debt -€15,381
Contributions, distributions and other -€103,000
Cash 2025 €136,150
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €122,887 €218,285 +€95,398 +77.6%
Fixed assets 21/28 €16,328 €14,751 -€1,577 -9.7%
Tangible fixed assets 22/27 €15,928 €14,751 -€1,177 -7.4%
Plant, machinery and equipment 23 €2,534 €4,529 +€1,995 +78.7%
Furniture and vehicles 24 €13,394 €10,221 -€3,172 -23.7%
Financial fixed assets 28 €400 - -€400
Current assets 29/58 €106,559 €203,535 +€96,976 +91.0%
Amounts receivable within one year 40/41 €21,655 €53,347 +€31,692 +146.3%
Trade receivables 40 €14,290 €2,693 -€11,597 -81.2%
Other amounts receivable 41 €7,365 €50,654 +€43,289 +587.8%
Cash at bank and in hand 54/58 €67,552 €136,150 +€68,599 +101.6%
Deferred charges and accrued income 490/1 €17,352 €14,037 -€3,315 -19.1%
Total equity and liabilities 10/49 €122,887 €218,285 +€95,398 +77.6%
Equity 10/15 €70,230 €71,208 +€978 +1.4%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €87,840 €87,840 = 0.0%
Distributable reserves 133 €87,840 €87,840 = 0.0%
Profit (loss) carried forward 14 -€36,210 -€35,232 +€978 +2.7%
Amounts payable 17/49 €52,657 €147,078 +€94,420 +179.3%
Amounts payable within one year 42/48 €52,657 €147,078 +€94,420 +179.3%
Current portion of amounts payable after more than one year 42 €16,677 €1,296 -€15,381 -92.2%
Trade debts 44 €1,887 €4 -€1,883 -99.8%
Suppliers 440/4 €1,887 €4 -€1,883 -99.8%
Taxes, remuneration and social security 45 €24,094 €42,778 +€18,684 +77.5%
Taxes 450/3 €24,094 €42,778 +€18,684 +77.5%
Other amounts payable 47/48 €10,000 €103,000 +€93,000 +930.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,062 €5,254 +€192 +3.8%
Other operating charges 640/8 €1,644 €2,207 +€563 +34.2%
Non-recurring operating charges 66A €112,089 - -€112,089
Gross operating margin 9900 €102,728 €149,089 +€46,361 +45.1%
Operating profit (loss) 9901 -€16,068 €141,628 +€157,696
Financial income 75/76B €878 €3,295 +€2,417 +275.1%
Recurring financial income 75 €878 €3,295 +€2,417 +275.1%
Financial charges 65/66B €3,235 €6,178 +€2,943 +91.0%
Recurring financial charges 65 €3,235 €6,178 +€2,943 +91.0%
Profit (loss) for the period before taxes 9903 -€18,425 €138,745 +€157,170
Income taxes 67/77 €18,876 €34,767 +€15,891 +84.2%
Profit (loss) for the period 9904 -€37,301 €103,978 +€141,279
Profit (loss) for the period to be appropriated 9905 -€37,301 €103,978 +€141,279

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 30 September 2026 via checked.be.