JNKC&I: 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.
JNKC&I
Largest movements
- Receivables after one year +€165,000
new in 2025: €165,000
- Cash -€62,418
down €62,418 (-61.8%), from €100,941 to €38,522
mainly Receivables after one year (-€165,000) and Receivables within one year (-€27,619)
- Receivables within one year +€27,619
up €27,619 (+116.5%), from €23,706 to €51,325
of which Trade receivables: +€29,000
- Tangible fixed assets +€6,899
up €6,899 (+43.7%), from €15,772 to €22,671
of which Plant, machinery and equipment: +€4,759
- Deferred charges and accrued income +€3,642
up €3,642 (+185.4%), from €1,964 to €5,606
- Reserves +€109,347
up €109,347 (+108.3%), from €100,921 to €210,269
- Tax, wage and social debts +€31,403
up €31,403 (+104.9%), from €29,935 to €61,339
- Gross operating margin +€6,131
up €6,131 (+4.4%), from €140,379 to €146,509
- Taxes +€2,686
up €2,686 (+9.4%), from €28,595 to €31,281
- Financial income +€2,508
up €2,508 (+4649.7%), from €54 to €2,562
- Depreciation -€1,716
down €1,716 (-33.1%), from €5,181 to €3,465
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 | €142,383 | €283,125 | +€140,742 | +98.8% |
| Fixed assets | 21/28 | €15,772 | €22,671 | +€6,899 | +43.7% |
| Tangible fixed assets | 22/27 | €15,772 | €22,671 | +€6,899 | +43.7% |
| Plant, machinery and equipment | 23 | €13,075 | €17,834 | +€4,759 | +36.4% |
| Furniture and vehicles | 24 | €2,697 | €4,837 | +€2,140 | +79.3% |
| Current assets | 29/58 | €126,611 | €260,454 | +€133,844 | +105.7% |
| Amounts receivable after more than one year | 29 | - | €165,000 | +€165,000 | |
| Other amounts receivable | 291 | - | €165,000 | +€165,000 | |
| Amounts receivable within one year | 40/41 | €23,706 | €51,325 | +€27,619 | +116.5% |
| Trade receivables | 40 | €21,000 | €50,000 | +€29,000 | +138.1% |
| Other amounts receivable | 41 | €2,706 | €1,325 | -€1,381 | -51.0% |
| Cash at bank and in hand | 54/58 | €100,941 | €38,522 | -€62,418 | -61.8% |
| Deferred charges and accrued income | 490/1 | €1,964 | €5,606 | +€3,642 | +185.4% |
| Total equity and liabilities | 10/49 | €142,383 | €283,125 | +€140,742 | +98.8% |
| Equity | 10/15 | €110,921 | €220,269 | +€109,347 | +98.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €100,921 | €210,269 | +€109,347 | +108.3% |
| Distributable reserves | 133 | €100,921 | €210,269 | +€109,347 | +108.3% |
| Amounts payable | 17/49 | €31,462 | €62,857 | +€31,395 | +99.8% |
| Amounts payable within one year | 42/48 | €31,462 | €62,857 | +€31,395 | +99.8% |
| Trade debts | 44 | €1,526 | €35 | -€1,491 | -97.7% |
| Suppliers | 440/4 | €1,526 | €35 | -€1,491 | -97.7% |
| Taxes, remuneration and social security | 45 | €29,935 | €61,339 | +€31,403 | +104.9% |
| Taxes | 450/3 | €29,935 | €61,339 | +€31,403 | +104.9% |
| Other amounts payable | 47/48 | - | €1,483 | +€1,483 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,181 | €3,465 | -€1,716 | -33.1% |
| Other operating charges | 640/8 | €1,015 | €1,329 | +€314 | +30.9% |
| Gross operating margin | 9900 | €140,379 | €146,509 | +€6,131 | +4.4% |
| Operating profit (loss) | 9901 | €134,183 | €141,715 | +€7,532 | +5.6% |
| Financial income | 75/76B | €54 | €2,562 | +€2,508 | +4649.7% |
| Recurring financial income | 75 | €54 | €2,562 | +€2,508 | +4649.7% |
| Financial charges | 65/66B | €4,721 | €3,649 | -€1,072 | -22.7% |
| Recurring financial charges | 65 | €4,721 | €3,649 | -€1,072 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €129,517 | €140,628 | +€11,112 | +8.6% |
| Income taxes | 67/77 | €28,595 | €31,281 | +€2,686 | +9.4% |
| Profit (loss) for the period | 9904 | €100,921 | €109,347 | +€8,426 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €100,921 | €109,347 | +€8,426 | +8.3% |
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 3 October 2026 via checked.be.