JKS 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.
JKS Management
Largest movements
- Current investments -€129,732
down €129,732 (-100%), from €129,732 to €0
- Cash +€16,983
up €16,983 (+49.6%), from €34,245 to €51,227
mainly Net result for the year (+€157,033) and Current investments (+€129,732)
- Tangible fixed assets -€13,358
down €13,358 (-39.5%), from €33,806 to €20,449
of which Furniture and vehicles: -€12,900
- Receivables within one year +€4,370
up €4,370 (+24.4%), from €17,874 to €22,244
of which Trade receivables: +€4,316
- Other debts -€110,101
down €110,101 (-70.8%), from €155,504 to €45,403
- Debts after one year -€11,676
down €11,676 (-62.4%), from €18,715 to €7,039
- Gross operating margin +€15,019
up €15,019 (+7.6%), from €198,256 to €213,274
- Financial income +€5,665
up €5,665 (+497%), from €1,139 to €6,804
- Taxes +€4,074
up €4,074 (+9.5%), from €42,720 to €46,795
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 | €216,584 | €94,778 | -€121,806 | -56.2% |
| Fixed assets | 21/28 | €33,806 | €20,449 | -€13,358 | -39.5% |
| Tangible fixed assets | 22/27 | €33,806 | €20,449 | -€13,358 | -39.5% |
| Plant, machinery and equipment | 23 | €820 | €362 | -€458 | -55.9% |
| Furniture and vehicles | 24 | €32,986 | €20,087 | -€12,900 | -39.1% |
| Current assets | 29/58 | €182,778 | €74,330 | -€108,448 | -59.3% |
| Amounts receivable within one year | 40/41 | €17,874 | €22,244 | +€4,370 | +24.4% |
| Trade receivables | 40 | €15,067 | €19,383 | +€4,316 | +28.6% |
| Other amounts receivable | 41 | €2,807 | €2,861 | +€54 | +1.9% |
| Current investments | 50/53 | €129,732 | €0 | -€129,732 | -100% |
| Cash at bank and in hand | 54/58 | €34,245 | €51,227 | +€16,983 | +49.6% |
| Deferred charges and accrued income | 490/1 | €927 | €858 | -€68 | -7.4% |
| Total equity and liabilities | 10/49 | €216,584 | €94,778 | -€121,806 | -56.2% |
| Equity | 10/15 | €18,817 | €18,850 | +€33 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52 | €52 | = | 0.0% |
| Distributable reserves | 133 | €52 | €52 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165 | €198 | +€33 | +19.7% |
| Amounts payable | 17/49 | €197,767 | €75,928 | -€121,839 | -61.6% |
| Amounts payable after more than one year | 17 | €18,715 | €7,039 | -€11,676 | -62.4% |
| Financial debts | 170/4 | €18,715 | €7,039 | -€11,676 | -62.4% |
| Amounts payable within one year | 42/48 | €179,051 | €68,889 | -€110,163 | -61.5% |
| Current portion of amounts payable after more than one year | 42 | €11,199 | €11,676 | +€477 | +4.3% |
| Trade debts | 44 | €1,240 | €425 | -€815 | -65.7% |
| Suppliers | 440/4 | €1,240 | €425 | -€815 | -65.7% |
| Taxes, remuneration and social security | 45 | €11,108 | €11,385 | +€277 | +2.5% |
| Taxes | 450/3 | €11,108 | €11,385 | +€277 | +2.5% |
| Other amounts payable | 47/48 | €155,504 | €45,403 | -€110,101 | -70.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,440 | €13,358 | -€82 | -0.6% |
| Other operating charges | 640/8 | €1,057 | €934 | -€124 | -11.7% |
| Gross operating margin | 9900 | €198,256 | €213,274 | +€15,019 | +7.6% |
| Operating profit (loss) | 9901 | €183,758 | €198,983 | +€15,224 | +8.3% |
| Financial income | 75/76B | €1,139 | €6,804 | +€5,665 | +497% |
| Recurring financial income | 75 | €1,139 | €6,804 | +€5,665 | +497% |
| Financial charges | 65/66B | €1,892 | €1,959 | +€67 | +3.6% |
| Recurring financial charges | 65 | €1,892 | €1,959 | +€67 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €183,006 | €203,827 | +€20,822 | +11.4% |
| Income taxes | 67/77 | €42,720 | €46,795 | +€4,074 | +9.5% |
| Profit (loss) for the period | 9904 | €140,285 | €157,033 | +€16,747 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €140,285 | €157,033 | +€16,747 | +11.9% |
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 27 October 2026 via checked.be.