JLCK: 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.
JLCK
Largest movements
- Receivables within one year +€207,939
up €207,939 (+379.3%), from €54,827 to €262,766
of which Trade receivables: +€196,703
- Tangible fixed assets -€108,847
down €108,847 (-11.8%), from €925,725 to €816,878
of which Land and buildings: -€176,529
- Stocks and contracts -€26,793
down €26,793 (-12.2%), from €219,366 to €192,573
- Cash -€17,277
down €17,277 (-24.0%), from €72,095 to €54,818
mainly Receivables within one year (-€207,939) and Debts after one year (-€142,007)
- Trade debts +€252,505
up €252,505 (+817.6%), from €30,883 to €283,388
- Debts after one year -€142,007
down €142,007 (-19.6%), from €724,838 to €582,831
- Advances received -€75,807
down €75,807 (-29.2%), from €259,285 to €183,478
- Profit (loss) carried forward +€38,943
new in 2025: €38,943
- Gross operating margin +€138,318
up €138,318 (+35.9%), from €385,806 to €524,124
- Staff costs +€99,655
up €99,655 (+41.4%), from €240,732 to €340,387
- Financial income +€28,905
up €28,905 (+23500.0%), from €123 to €29,028
of which Non-recurring financial income: +€29,020
- Depreciation +€25,416
up €25,416 (+25.6%), from €99,174 to €124,590
- Other operating charges +€6,340
up €6,340 (+108.6%), from €5,837 to €12,177
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 | €1,294,370 | €1,360,653 | +€66,283 | +5.1% |
| Fixed assets | 21/28 | €935,811 | €825,064 | -€110,747 | -11.8% |
| Intangible fixed assets | 21 | €10,086 | €8,186 | -€1,900 | -18.8% |
| Tangible fixed assets | 22/27 | €925,725 | €816,878 | -€108,847 | -11.8% |
| Land and buildings | 22 | €671,856 | €495,327 | -€176,529 | -26.3% |
| Plant, machinery and equipment | 23 | €38,019 | €25,382 | -€12,637 | -33.2% |
| Furniture and vehicles | 24 | €41,868 | €40,333 | -€1,535 | -3.7% |
| Leasing and similar rights | 25 | €173,982 | €255,836 | +€81,854 | +47.0% |
| Current assets | 29/58 | €358,559 | €535,589 | +€177,030 | +49.4% |
| Stocks and contracts in progress | 3 | €219,366 | €192,573 | -€26,793 | -12.2% |
| Stocks | 30/36 | €219,366 | €192,573 | -€26,793 | -12.2% |
| Amounts receivable within one year | 40/41 | €54,827 | €262,766 | +€207,939 | +379.3% |
| Trade receivables | 40 | €22,991 | €219,694 | +€196,703 | +855.6% |
| Other amounts receivable | 41 | €31,836 | €43,072 | +€11,236 | +35.3% |
| Cash at bank and in hand | 54/58 | €72,095 | €54,818 | -€17,277 | -24.0% |
| Deferred charges and accrued income | 490/1 | €12,271 | €25,432 | +€13,161 | +107.3% |
| Total equity and liabilities | 10/49 | €1,294,370 | €1,360,653 | +€66,283 | +5.1% |
| Equity | 10/15 | €164,562 | €203,505 | +€38,943 | +23.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €159,562 | €159,562 | = | 0.0% |
| Distributable reserves | 133 | €159,562 | €159,562 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €38,943 | +€38,943 | |
| Amounts payable | 17/49 | €1,129,808 | €1,157,148 | +€27,340 | +2.4% |
| Amounts payable after more than one year | 17 | €724,838 | €582,831 | -€142,007 | -19.6% |
| Financial debts | 170/4 | €724,838 | €582,831 | -€142,007 | -19.6% |
| Amounts payable within one year | 42/48 | €404,970 | €570,773 | +€165,803 | +40.9% |
| Current portion of amounts payable after more than one year | 42 | €102,871 | €102,930 | +€59 | +0.1% |
| Financial debts | 43 | €5 | - | -€5 | |
| Credit institutions | 430/8 | €5 | - | -€5 | |
| Trade debts | 44 | €30,883 | €283,388 | +€252,505 | +817.6% |
| Suppliers | 440/4 | €30,883 | €283,388 | +€252,505 | +817.6% |
| Advances received on contracts in progress | 46 | €259,285 | €183,478 | -€75,807 | -29.2% |
| Taxes, remuneration and social security | 45 | €11,926 | €977 | -€10,949 | -91.8% |
| Taxes | 450/3 | €7,576 | €977 | -€6,599 | -87.1% |
| Remuneration and social security | 454/9 | €4,350 | - | -€4,350 | |
| Accrued charges and deferred income | 492/3 | - | €3,544 | +€3,544 | |
| Remuneration, social security and pensions | 62 | €240,732 | €340,387 | +€99,655 | +41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,174 | €124,590 | +€25,416 | +25.6% |
| Other operating charges | 640/8 | €5,837 | €12,177 | +€6,340 | +108.6% |
| Non-recurring operating charges | 66A | - | €519 | +€519 | |
| Gross operating margin | 9900 | €385,806 | €524,124 | +€138,318 | +35.9% |
| Operating profit (loss) | 9901 | €40,063 | €46,451 | +€6,388 | +15.9% |
| Financial income | 75/76B | €123 | €29,028 | +€28,905 | +23500.0% |
| Recurring financial income | 75 | €123 | €8 | -€115 | -93.5% |
| Non-recurring financial income | 76B | - | €29,020 | +€29,020 | |
| Financial charges | 65/66B | €29,442 | €29,794 | +€352 | +1.2% |
| Recurring financial charges | 65 | €29,442 | €29,794 | +€352 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €10,744 | €45,685 | +€34,941 | +325.2% |
| Income taxes | 67/77 | €977 | €6,742 | +€5,765 | +590.1% |
| Profit (loss) for the period | 9904 | €9,767 | €38,943 | +€29,176 | +298.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,767 | €38,943 | +€29,176 | +298.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.