JKQ: what changed
Two financial 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.
JKQ
Largest movements
- Current investments +€10,102
new in 2025: €10,102
- Receivables within one year -€9,010
down €9,010 (-44.9%), from €20,069 to €11,059
of which Other amounts receivable: -€10,973
- Cash -€4,484
down €4,484 (-7.2%), from €62,666 to €58,182
mainly Trade debts (-€18,550) and Current investments (-€10,102)
- Tangible fixed assets +€1,903
up €1,903 (+82.8%), from €2,299 to €4,201
of which Furniture and vehicles: +€1,311
- Intangible fixed assets +€1,311
new in 2025: €1,311
- Trade debts -€18,550
down €18,550 (-93.7%), from €19,791 to €1,241
- Profit (loss) carried forward +€9,923
up €9,923 (+23.1%), from €42,884 to €52,807
- Tax, wage and social debts +€8,303
up €8,303 (+48.4%), from €17,145 to €25,448
of which Remuneration and social security: +€4,308
- Staff costs +€26,174
up €26,174 (+234%), from €11,163 to €37,337
- Gross operating margin -€13,523
down €13,523 (-17.9%), from €75,393 to €61,871
- Other operating charges -€12,283
down €12,283 (-91.9%), from €13,361 to €1,077
- Depreciation +€1,111
up €1,111 (+139%), from €801 to €1,912
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.
Derived cash bridge
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 | €85,320 | €84,996 | -€324 | -0.4% |
| Fixed assets | 21/28 | €2,299 | €5,512 | +€3,214 | +140% |
| Intangible fixed assets | 21 | - | €1,311 | +€1,311 | |
| Tangible fixed assets | 22/27 | €2,299 | €4,201 | +€1,903 | +82.8% |
| Plant, machinery and equipment | 23 | €1,422 | €2,328 | +€905 | +63.7% |
| Furniture and vehicles | 24 | €75 | €1,387 | +€1,311 | +1,744% |
| Other tangible fixed assets | 26 | €801 | €487 | -€314 | -39.2% |
| Current assets | 29/58 | €83,022 | €79,484 | -€3,537 | -4.3% |
| Amounts receivable within one year | 40/41 | €20,069 | €11,059 | -€9,010 | -44.9% |
| Trade receivables | 40 | €5,081 | €7,044 | +€1,963 | +38.6% |
| Other amounts receivable | 41 | €14,988 | €4,015 | -€10,973 | -73.2% |
| Current investments | 50/53 | - | €10,102 | +€10,102 | |
| Cash at bank and in hand | 54/58 | €62,666 | €58,182 | -€4,484 | -7.2% |
| Deferred charges and accrued income | 490/1 | €286 | €141 | -€145 | -50.7% |
| Total equity and liabilities | 10/49 | €85,320 | €84,996 | -€324 | -0.4% |
| Equity | 10/15 | €48,384 | €58,307 | +€9,923 | +20.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,884 | €52,807 | +€9,923 | +23.1% |
| Amounts payable | 17/49 | €36,936 | €26,689 | -€10,247 | -27.7% |
| Amounts payable within one year | 42/48 | €36,936 | €26,689 | -€10,247 | -27.7% |
| Trade debts | 44 | €19,791 | €1,241 | -€18,550 | -93.7% |
| Suppliers | 440/4 | €19,791 | €1,241 | -€18,550 | -93.7% |
| Taxes, remuneration and social security | 45 | €17,145 | €25,448 | +€8,303 | +48.4% |
| Taxes | 450/3 | €14,890 | €18,886 | +€3,996 | +26.8% |
| Remuneration and social security | 454/9 | €2,255 | €6,563 | +€4,308 | +191% |
| Remuneration, social security and pensions | 62 | €11,163 | €37,337 | +€26,174 | +234% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €801 | €1,912 | +€1,111 | +139% |
| Other operating charges | 640/8 | €13,361 | €1,077 | -€12,283 | -91.9% |
| Gross operating margin | 9900 | €75,393 | €61,871 | -€13,523 | -17.9% |
| Operating profit (loss) | 9901 | €50,068 | €21,544 | -€28,524 | -57.0% |
| Financial income | 75/76B | €89 | €0 | -€89 | -100.0% |
| Recurring financial income | 75 | €89 | €0 | -€89 | -100.0% |
| Financial charges | 65/66B | €404 | €366 | -€39 | -9.6% |
| Recurring financial charges | 65 | €404 | €366 | -€39 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €49,753 | €21,179 | -€28,574 | -57.4% |
| Income taxes | 67/77 | €11,493 | €11,256 | -€238 | -2.1% |
| Profit (loss) for the period | 9904 | €38,260 | €9,923 | -€28,336 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,260 | €9,923 | -€28,336 | -74.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.