JR Properties: 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.
JR Properties
Largest movements
- Receivables within one year +€33,785
up €33,785 (+46.6%), from €72,445 to €106,230
of which Trade receivables: +€34,230
- Tangible fixed assets -€15,361
down €15,361 (-3.4%), from €450,160 to €434,799
- Reserves +€22,190
up €22,190 (+64.8%), from €34,269 to €56,459
- Debts after one year -€17,786
down €17,786 (-8.2%), from €216,991 to €199,205
- Other debts +€9,449
up €9,449 (+5.1%), from €185,838 to €195,287
- Gross operating margin +€3,184
up €3,184 (+5.9%), from €54,291 to €57,475
- Financial charges -€769
down €769 (-5.7%), from €13,452 to €12,683
- Taxes +€618
up €618 (+12.5%), from €4,930 to €5,548
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 | €527,256 | €550,138 | +€22,882 | +4.3% |
| Fixed assets | 21/28 | €450,160 | €434,799 | -€15,361 | -3.4% |
| Tangible fixed assets | 22/27 | €450,160 | €434,799 | -€15,361 | -3.4% |
| Land and buildings | 22 | €450,160 | €434,799 | -€15,361 | -3.4% |
| Current assets | 29/58 | €77,096 | €115,339 | +€38,243 | +49.6% |
| Amounts receivable within one year | 40/41 | €72,445 | €106,230 | +€33,785 | +46.6% |
| Trade receivables | 40 | €72,000 | €106,230 | +€34,230 | +47.5% |
| Other amounts receivable | 41 | €445 | €0 | -€445 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,651 | €9,109 | +€4,458 | +95.8% |
| Total equity and liabilities | 10/49 | €527,256 | €550,138 | +€22,882 | +4.3% |
| Equity | 10/15 | €37,269 | €59,459 | +€22,190 | +59.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,269 | €56,459 | +€22,190 | +64.8% |
| Distributable reserves | 133 | €34,269 | €56,459 | +€22,190 | +64.8% |
| Amounts payable | 17/49 | €489,987 | €490,678 | +€691 | +0.1% |
| Amounts payable after more than one year | 17 | €216,991 | €199,205 | -€17,786 | -8.2% |
| Financial debts | 170/4 | €216,991 | €199,205 | -€17,786 | -8.2% |
| Amounts payable within one year | 42/48 | €272,996 | €287,973 | +€14,977 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €15,675 | €18,316 | +€2,641 | +16.8% |
| Trade debts | 44 | €66,553 | €66,715 | +€162 | +0.2% |
| Suppliers | 440/4 | €66,553 | €66,715 | +€162 | +0.2% |
| Taxes, remuneration and social security | 45 | €4,930 | €7,655 | +€2,725 | +55.3% |
| Taxes | 450/3 | €4,930 | €7,655 | +€2,725 | +55.3% |
| Other amounts payable | 47/48 | €185,838 | €195,287 | +€9,449 | +5.1% |
| Accrued charges and deferred income | 492/3 | - | €3,500 | +€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,932 | €15,361 | +€429 | +2.9% |
| Other operating charges | 640/8 | €1,258 | €1,693 | +€435 | +34.6% |
| Gross operating margin | 9900 | €54,291 | €57,475 | +€3,184 | +5.9% |
| Operating profit (loss) | 9901 | €38,101 | €40,421 | +€2,320 | +6.1% |
| Financial charges | 65/66B | €13,452 | €12,683 | -€769 | -5.7% |
| Recurring financial charges | 65 | €13,452 | €12,683 | -€769 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €24,649 | €27,738 | +€3,089 | +12.5% |
| Income taxes | 67/77 | €4,930 | €5,548 | +€618 | +12.5% |
| Profit (loss) for the period | 9904 | €19,719 | €22,190 | +€2,471 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,719 | €22,190 | +€2,471 | +12.5% |
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 8 October 2026 via checked.be.