JKR Management: 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.
JKR Management
Largest movements
- Cash -€49,185
down €49,185 (-56.4%), from €87,141 to €37,956
mainly Tax, wage and social debts (-€36,656) and Receivables within one year (-€24,388)
- Receivables within one year +€24,388
up €24,388 (+38.7%), from €62,968 to €87,357
of which Trade receivables: +€44,384
- Current investments -€13,000
down €13,000 (-56.5%), from €23,000 to €10,000
- Tangible fixed assets +€1,840
up €1,840 (+32.0%), from €5,756 to €7,596
of which Furniture and vehicles: +€2,114
- Tax, wage and social debts -€36,656
down €36,656 (-71.6%), from €51,231 to €14,575
- Accrued charges and deferred income +€1,947
up €1,947 (+695%), from €280 to €2,227
- Gross operating margin -€5,368
down €5,368 (-49.7%), from €10,807 to €5,439
- Financial income -€1,609
down €1,609 (-70.3%), from €2,290 to €680
- Taxes -€1,057
down €1,057 (-33.7%), from €3,134 to €2,077
- Other operating charges +€440
new in 2025: €440
- Financial charges +€174
up €174 (+13.4%), from €1,301 to €1,474
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 | €181,616 | €145,187 | -€36,429 | -20.1% |
| Fixed assets | 21/28 | €5,756 | €7,596 | +€1,840 | +32.0% |
| Tangible fixed assets | 22/27 | €5,756 | €7,596 | +€1,840 | +32.0% |
| Plant, machinery and equipment | 23 | €1,275 | €1,001 | -€274 | -21.5% |
| Furniture and vehicles | 24 | €4,481 | €6,595 | +€2,114 | +47.2% |
| Current assets | 29/58 | €175,861 | €137,591 | -€38,270 | -21.8% |
| Amounts receivable within one year | 40/41 | €62,968 | €87,357 | +€24,388 | +38.7% |
| Trade receivables | 40 | €42,968 | €87,352 | +€44,384 | +103% |
| Other amounts receivable | 41 | €20,000 | €4 | -€19,996 | -100.0% |
| Current investments | 50/53 | €23,000 | €10,000 | -€13,000 | -56.5% |
| Cash at bank and in hand | 54/58 | €87,141 | €37,956 | -€49,185 | -56.4% |
| Deferred charges and accrued income | 490/1 | €2,752 | €2,278 | -€473 | -17.2% |
| Total equity and liabilities | 10/49 | €181,616 | €145,187 | -€36,429 | -20.1% |
| Equity | 10/15 | €128,246 | €127,986 | -€260 | -0.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,246 | €126,986 | -€260 | -0.2% |
| Amounts payable | 17/49 | €53,370 | €17,201 | -€36,170 | -67.8% |
| Amounts payable within one year | 42/48 | €53,090 | €14,974 | -€38,117 | -71.8% |
| Trade debts | 44 | €1,859 | €379 | -€1,480 | -79.6% |
| Suppliers | 440/4 | €1,859 | €379 | -€1,480 | -79.6% |
| Taxes, remuneration and social security | 45 | €51,231 | €14,575 | -€36,656 | -71.6% |
| Taxes | 450/3 | €51,231 | €14,575 | -€36,656 | -71.6% |
| Other amounts payable | 47/48 | - | €20 | +€20 | |
| Accrued charges and deferred income | 492/3 | €280 | €2,227 | +€1,947 | +695% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,458 | €2,388 | -€70 | -2.8% |
| Other operating charges | 640/8 | - | €440 | +€440 | |
| Gross operating margin | 9900 | €10,807 | €5,439 | -€5,368 | -49.7% |
| Operating profit (loss) | 9901 | €8,349 | €2,611 | -€5,738 | -68.7% |
| Financial income | 75/76B | €2,290 | €680 | -€1,609 | -70.3% |
| Recurring financial income | 75 | €2,290 | €680 | -€1,609 | -70.3% |
| Financial charges | 65/66B | €1,301 | €1,474 | +€174 | +13.4% |
| Recurring financial charges | 65 | €1,301 | €1,474 | +€174 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €9,338 | €1,817 | -€7,521 | -80.5% |
| Income taxes | 67/77 | €3,134 | €2,077 | -€1,057 | -33.7% |
| Profit (loss) for the period | 9904 | €6,204 | -€260 | -€6,464 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,204 | -€260 | -€6,464 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.