JKS: 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.
JKS
Largest movements
- Tangible fixed assets -€77,059
down €77,059 (-4.5%), from €1.7m to €1.6m
of which Land and buildings: -€73,901
- Cash +€20,932
up €20,932 (+29.4%), from €71,278 to €92,210
mainly Depreciation (+€82,309) and Net result for the year (+€12,972)
- Debts after one year -€82,319
down €82,319 (-7.7%), from €1.1m to €983,271
- Other operating charges -€10,464
down €10,464 (-43.9%), from €23,831 to €13,367
- Gross operating margin -€8,546
down €8,546 (-6.5%), from €131,156 to €122,610
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 | €1,814,548 | €1,748,157 | -€66,391 | -3.7% |
| Fixed assets | 21/28 | €1,696,908 | €1,619,850 | -€77,059 | -4.5% |
| Tangible fixed assets | 22/27 | €1,696,608 | €1,619,550 | -€77,059 | -4.5% |
| Land and buildings | 22 | €1,687,008 | €1,613,107 | -€73,901 | -4.4% |
| Plant, machinery and equipment | 23 | €8,536 | €5,691 | -€2,845 | -33.3% |
| Furniture and vehicles | 24 | €1,064 | €752 | -€312 | -29.3% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €117,639 | €128,307 | +€10,668 | +9.1% |
| Amounts receivable within one year | 40/41 | €46,361 | €36,097 | -€10,264 | -22.1% |
| Trade receivables | 40 | €46,361 | €36,071 | -€10,290 | -22.2% |
| Other amounts receivable | 41 | €0 | €26 | +€26 | |
| Cash at bank and in hand | 54/58 | €71,278 | €92,210 | +€20,932 | +29.4% |
| Total equity and liabilities | 10/49 | €1,814,548 | €1,748,157 | -€66,391 | -3.7% |
| Equity | 10/15 | -€18,961 | -€5,989 | +€12,972 | +68.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,561 | -€24,589 | +€12,972 | +34.5% |
| Amounts payable | 17/49 | €1,833,509 | €1,754,146 | -€79,363 | -4.3% |
| Amounts payable after more than one year | 17 | €1,065,590 | €983,271 | -€82,319 | -7.7% |
| Financial debts | 170/4 | €1,065,590 | €983,271 | -€82,319 | -7.7% |
| Amounts payable within one year | 42/48 | €739,419 | €741,065 | +€1,645 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €81,315 | €82,319 | +€1,003 | +1.2% |
| Taxes, remuneration and social security | 45 | €11,682 | €12,296 | +€614 | +5.3% |
| Taxes | 450/3 | €11,682 | €12,296 | +€614 | +5.3% |
| Other amounts payable | 47/48 | €646,422 | €646,450 | +€28 | 0.0% |
| Accrued charges and deferred income | 492/3 | €28,500 | €29,811 | +€1,311 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,149 | €82,309 | +€159 | +0.2% |
| Other operating charges | 640/8 | €23,831 | €13,367 | -€10,464 | -43.9% |
| Gross operating margin | 9900 | €131,156 | €122,610 | -€8,546 | -6.5% |
| Operating profit (loss) | 9901 | €25,176 | €26,934 | +€1,759 | +7.0% |
| Financial income | 75/76B | €36 | €86 | +€50 | +138.6% |
| Recurring financial income | 75 | €36 | €86 | +€50 | +138.6% |
| Financial charges | 65/66B | €15,079 | €14,048 | -€1,030 | -6.8% |
| Recurring financial charges | 65 | €15,079 | €14,048 | -€1,030 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €10,133 | €12,972 | +€2,839 | +28.0% |
| Profit (loss) for the period | 9904 | €10,133 | €12,972 | +€2,839 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,133 | €12,972 | +€2,839 | +28.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.