JKSmile: 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.
JKSmile
Largest movements
- Receivables within one year -€45,230
down €45,230 (-98.8%), from €45,780 to €551
of which Other amounts receivable: -€43,738
- Cash +€14,362
up €14,362 (+30.6%), from €46,964 to €61,326
mainly Other debts (+€69,396) and Receivables within one year (+€45,230)
- Tangible fixed assets +€5,397
up €5,397 (+69.2%), from €7,798 to €13,196
of which Furniture and vehicles: +€6,203
- Reserves -€91,964
no longer reported in 2025 (was €91,964)
- Other debts +€69,396
new in 2025: €69,396
- Tax, wage and social debts -€7,619
no longer reported in 2025 (was €7,619)
- Trade debts +€5,023
up €5,023 (+1207.7%), from €416 to €5,439
- Gross operating margin +€9,167
up €9,167 (+24.7%), from €37,181 to €46,348
- Taxes +€1,831
up €1,831 (+24.0%), from €7,619 to €9,449
- Depreciation +€977
up €977 (+73.2%), from €1,334 to €2,312
- Financial charges +€714
up €714 (+245.5%), from €291 to €1,005
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 | €103,499 | €78,335 | -€25,164 | -24.3% |
| Fixed assets | 21/28 | €7,798 | €13,196 | +€5,397 | +69.2% |
| Tangible fixed assets | 22/27 | €7,798 | €13,196 | +€5,397 | +69.2% |
| Plant, machinery and equipment | 23 | €520 | - | -€520 | |
| Furniture and vehicles | 24 | €4,437 | €10,640 | +€6,203 | +139.8% |
| Other tangible fixed assets | 26 | €2,841 | €2,556 | -€286 | -10.1% |
| Current assets | 29/58 | €95,701 | €65,140 | -€30,561 | -31.9% |
| Amounts receivable within one year | 40/41 | €45,780 | €551 | -€45,230 | -98.8% |
| Trade receivables | 40 | €1,492 | - | -€1,492 | |
| Other amounts receivable | 41 | €44,288 | €551 | -€43,738 | -98.8% |
| Cash at bank and in hand | 54/58 | €46,964 | €61,326 | +€14,362 | +30.6% |
| Deferred charges and accrued income | 490/1 | €2,956 | €3,263 | +€307 | +10.4% |
| Total equity and liabilities | 10/49 | €103,499 | €78,335 | -€25,164 | -24.3% |
| Equity | 10/15 | €95,464 | €3,500 | -€91,964 | -96.3% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €91,964 | - | -€91,964 | |
| Distributable reserves | 133 | €91,964 | - | -€91,964 | |
| Amounts payable | 17/49 | €8,034 | €74,835 | +€66,801 | +831.4% |
| Amounts payable within one year | 42/48 | €8,034 | €74,835 | +€66,801 | +831.4% |
| Trade debts | 44 | €416 | €5,439 | +€5,023 | +1207.7% |
| Suppliers | 440/4 | €416 | €5,439 | +€5,023 | +1207.7% |
| Taxes, remuneration and social security | 45 | €7,619 | - | -€7,619 | |
| Taxes | 450/3 | €7,619 | - | -€7,619 | |
| Other amounts payable | 47/48 | - | €69,396 | +€69,396 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,334 | €2,312 | +€977 | +73.2% |
| Other operating charges | 640/8 | €387 | €749 | +€361 | +93.3% |
| Gross operating margin | 9900 | €37,181 | €46,348 | +€9,167 | +24.7% |
| Operating profit (loss) | 9901 | €35,459 | €43,287 | +€7,828 | +22.1% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €291 | €1,005 | +€714 | +245.5% |
| Recurring financial charges | 65 | €291 | €1,005 | +€714 | +245.5% |
| Profit (loss) for the period before taxes | 9903 | €35,175 | €42,282 | +€7,107 | +20.2% |
| Income taxes | 67/77 | €7,619 | €9,449 | +€1,831 | +24.0% |
| Profit (loss) for the period | 9904 | €27,557 | €32,833 | +€5,276 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,557 | €32,833 | +€5,276 | +19.1% |
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 11 October 2026 via checked.be.