JKMS: 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.
JKMS
Largest movements
- Tangible fixed assets +€49,827
up €49,827 (+1302.4%), from €3,826 to €53,653
of which Furniture and vehicles: +€45,166
- Cash +€12,603
up €12,603 (+92.7%), from €13,600 to €26,203
mainly Debts after one year (+€40,000) and Net result for the year (+€22,016)
- Receivables within one year +€3,900
up €3,900 (+34.5%), from €11,300 to €15,200
of which Trade receivables: +€6,495
- Deferred charges and accrued income +€1,654
up €1,654 (+787.7%), from €210 to €1,864
- Debts after one year +€40,000
new in 2025: €40,000
- Profit (loss) carried forward +€22,016
up €22,016 (+106.4%), from €20,698 to €42,714
- Other debts +€5,585
new in 2025: €5,585
- Tax, wage and social debts -€2,087
down €2,087 (-30.9%), from €6,759 to €4,672
- Trade debts +€1,692
up €1,692 (+658.2%), from €257 to €1,949
- Gross operating margin +€829
up €829 (+2.8%), from €29,379 to €30,208
- Depreciation -€463
down €463 (-14.7%), from €3,161 to €2,698
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 | €29,714 | €96,920 | +€67,206 | +226.2% |
| Formation expenses | 20 | €778 | €0 | -€778 | -100.0% |
| Fixed assets | 21/28 | €3,826 | €53,653 | +€49,827 | +1302.4% |
| Tangible fixed assets | 22/27 | €3,826 | €53,653 | +€49,827 | +1302.4% |
| Plant, machinery and equipment | 23 | €3,826 | €8,486 | +€4,661 | +121.8% |
| Furniture and vehicles | 24 | - | €45,166 | +€45,166 | |
| Current assets | 29/58 | €25,110 | €43,268 | +€18,158 | +72.3% |
| Amounts receivable within one year | 40/41 | €11,300 | €15,200 | +€3,900 | +34.5% |
| Trade receivables | 40 | €8,630 | €15,125 | +€6,495 | +75.3% |
| Other amounts receivable | 41 | €2,670 | €75 | -€2,595 | -97.2% |
| Cash at bank and in hand | 54/58 | €13,600 | €26,203 | +€12,603 | +92.7% |
| Deferred charges and accrued income | 490/1 | €210 | €1,864 | +€1,654 | +787.7% |
| Total equity and liabilities | 10/49 | €29,714 | €96,920 | +€67,206 | +226.2% |
| Equity | 10/15 | €22,698 | €44,714 | +€22,016 | +97.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,698 | €42,714 | +€22,016 | +106.4% |
| Amounts payable | 17/49 | €7,016 | €52,206 | +€45,190 | +644.1% |
| Amounts payable after more than one year | 17 | - | €40,000 | +€40,000 | |
| Financial debts | 170/4 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €7,016 | €12,206 | +€5,190 | +74.0% |
| Trade debts | 44 | €257 | €1,949 | +€1,692 | +658.2% |
| Suppliers | 440/4 | €257 | €1,949 | +€1,692 | +658.2% |
| Taxes, remuneration and social security | 45 | €6,759 | €4,672 | -€2,087 | -30.9% |
| Taxes | 450/3 | €6,759 | €4,672 | -€2,087 | -30.9% |
| Other amounts payable | 47/48 | - | €5,585 | +€5,585 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,161 | €2,698 | -€463 | -14.7% |
| Other operating charges | 640/8 | €247 | €106 | -€142 | -57.4% |
| Gross operating margin | 9900 | €29,379 | €30,208 | +€829 | +2.8% |
| Operating profit (loss) | 9901 | €25,971 | €27,405 | +€1,434 | +5.5% |
| Financial income | 75/76B | €0 | €160 | +€160 | +799700.0% |
| Recurring financial income | 75 | €0 | €160 | +€160 | +799700.0% |
| Financial charges | 65/66B | €101 | €145 | +€44 | +43.6% |
| Recurring financial charges | 65 | €101 | €145 | +€44 | +43.6% |
| Profit (loss) for the period before taxes | 9903 | €25,870 | €27,420 | +€1,550 | +6.0% |
| Income taxes | 67/77 | €5,172 | €5,403 | +€232 | +4.5% |
| Profit (loss) for the period | 9904 | €20,698 | €22,016 | +€1,318 | +6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,698 | €22,016 | +€1,318 | +6.4% |
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 5 October 2026 via checked.be.