JKN INVEST: what changed
JKN INVEST
Largest movements
- Intangible fixed assets -€5,325
down €5,325 (-17.9%), from €29,797 to €24,472
- Tangible fixed assets -€3,830
down €3,830 (-16.2%), from €23,637 to €19,807
of which Furniture and vehicles: -€2,145
- Stocks and contracts -€2,862
down €2,862 (-17.4%), from €16,437 to €13,575
- Cash +€1,511
up €1,511 (+32.6%), from €4,629 to €6,140
mainly Other debts (+€14,669) and Depreciation (+€9,155)
- Other debts +€14,669
up €14,669 (+264%), from €5,551 to €20,219
- Profit (loss) carried forward -€12,959
down €12,959 (-102%), from -€12,654 to -€25,613
- Trade debts -€7,932
down €7,932 (-28.7%), from €27,644 to €19,713
- Current portion of long-term debt -€6,924
down €6,924 (-90.8%), from €7,624 to €700
- Tax, wage and social debts +€2,793
up €2,793 (+197%), from €1,420 to €4,213
of which Remuneration and social security: +€2,650
- Gross operating margin -€1,992
down €1,992 (-335%), from -€594 to -€2,586
- Depreciation -€633
down €633 (-6.5%), from €9,787 to €9,155
- Other operating charges -€320
down €320 (-27.9%), from €1,146 to €826
- Financial charges -€235
down €235 (-37.5%), from €628 to €393
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,375 | €69,231 | -€11,144 | -13.9% |
| Fixed assets | 21/28 | €53,434 | €44,279 | -€9,155 | -17.1% |
| Intangible fixed assets | 21 | €29,797 | €24,472 | -€5,325 | -17.9% |
| Tangible fixed assets | 22/27 | €23,637 | €19,807 | -€3,830 | -16.2% |
| Plant, machinery and equipment | 23 | €14,914 | €13,229 | -€1,685 | -11.3% |
| Furniture and vehicles | 24 | €8,723 | €6,578 | -€2,145 | -24.6% |
| Current assets | 29/58 | €26,942 | €24,952 | -€1,989 | -7.4% |
| Stocks and contracts in progress | 3 | €16,437 | €13,575 | -€2,862 | -17.4% |
| Stocks | 30/36 | €16,437 | €13,575 | -€2,862 | -17.4% |
| Amounts receivable within one year | 40/41 | €5,617 | €5,022 | -€595 | -10.6% |
| Trade receivables | 40 | €5,617 | €5,022 | -€595 | -10.6% |
| Cash at bank and in hand | 54/58 | €4,629 | €6,140 | +€1,511 | +32.6% |
| Deferred charges and accrued income | 490/1 | €258 | €216 | -€43 | -16.6% |
| Total equity and liabilities | 10/49 | €80,375 | €69,231 | -€11,144 | -13.9% |
| Equity | 10/15 | €37,346 | €24,387 | -€12,959 | -34.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,654 | -€25,613 | -€12,959 | -102% |
| Amounts payable | 17/49 | €43,029 | €44,845 | +€1,815 | +4.2% |
| Amounts payable after more than one year | 17 | €790 | - | -€790 | |
| Financial debts | 170/4 | €790 | - | -€790 | |
| Amounts payable within one year | 42/48 | €42,239 | €44,845 | +€2,606 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €7,624 | €700 | -€6,924 | -90.8% |
| Trade debts | 44 | €27,644 | €19,713 | -€7,932 | -28.7% |
| Suppliers | 440/4 | €27,644 | €19,713 | -€7,932 | -28.7% |
| Taxes, remuneration and social security | 45 | €1,420 | €4,213 | +€2,793 | +197% |
| Taxes | 450/3 | €124 | €266 | +€143 | +115% |
| Remuneration and social security | 454/9 | €1,297 | €3,947 | +€2,650 | +204% |
| Other amounts payable | 47/48 | €5,551 | €20,219 | +€14,669 | +264% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,787 | €9,155 | -€633 | -6.5% |
| Other operating charges | 640/8 | €1,146 | €826 | -€320 | -27.9% |
| Gross operating margin | 9900 | -€594 | -€2,586 | -€1,992 | -335% |
| Operating profit (loss) | 9901 | -€11,527 | -€12,567 | -€1,039 | -9.0% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €628 | €393 | -€235 | -37.5% |
| Recurring financial charges | 65 | €628 | €393 | -€235 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,153 | -€12,959 | -€806 | -6.6% |
| Profit (loss) for the period | 9904 | -€12,153 | -€12,959 | -€806 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,153 | -€12,959 | -€806 | -6.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.