JRK 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.
JRK MANAGEMENT
Largest movements
- Cash +€77,105
up €77,105 (+950%), from €8,113 to €85,218
mainly Receivables within one year (+€55,289) and Other debts (+€28,680)
- Receivables within one year -€55,289
down €55,289 (-29.8%), from €185,834 to €130,545
of which Trade receivables: -€62,142
- Tangible fixed assets -€14,177
down €14,177 (-22.0%), from €64,355 to €50,178
of which Furniture and vehicles: -€13,037
- Tax, wage and social debts -€51,159
down €51,159 (-79.5%), from €64,327 to €13,168
- Other debts +€28,680
up €28,680 (+746%), from €3,842 to €32,522
- Profit (loss) carried forward +€17,394
up €17,394 (+10.0%), from €173,415 to €190,809
- Trade debts +€9,679
up €9,679 (+61.5%), from €15,743 to €25,423
- Gross operating margin -€25,629
down €25,629 (-30.1%), from €85,042 to €59,412
- Depreciation +€4,389
up €4,389 (+39.4%), from €11,145 to €15,533
- Other operating charges -€2,505
down €2,505 (-82.4%), from €3,039 to €534
- Taxes -€1,518
down €1,518 (-5.9%), from €25,666 to €24,148
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 | €262,327 | €268,869 | +€6,542 | +2.5% |
| Fixed assets | 21/28 | €64,355 | €50,178 | -€14,177 | -22.0% |
| Tangible fixed assets | 22/27 | €64,355 | €50,178 | -€14,177 | -22.0% |
| Plant, machinery and equipment | 23 | €4,942 | €3,802 | -€1,141 | -23.1% |
| Furniture and vehicles | 24 | €59,413 | €46,376 | -€13,037 | -21.9% |
| Current assets | 29/58 | €197,972 | €218,691 | +€20,720 | +10.5% |
| Amounts receivable within one year | 40/41 | €185,834 | €130,545 | -€55,289 | -29.8% |
| Trade receivables | 40 | €171,500 | €109,358 | -€62,142 | -36.2% |
| Other amounts receivable | 41 | €14,334 | €21,187 | +€6,852 | +47.8% |
| Cash at bank and in hand | 54/58 | €8,113 | €85,218 | +€77,105 | +950% |
| Deferred charges and accrued income | 490/1 | €4,024 | €2,928 | -€1,096 | -27.2% |
| Total equity and liabilities | 10/49 | €262,327 | €268,869 | +€6,542 | +2.5% |
| Equity | 10/15 | €178,415 | €195,809 | +€17,394 | +9.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,415 | €190,809 | +€17,394 | +10.0% |
| Amounts payable | 17/49 | €83,913 | €73,061 | -€10,852 | -12.9% |
| Amounts payable within one year | 42/48 | €83,913 | €71,113 | -€12,799 | -15.3% |
| Trade debts | 44 | €15,743 | €25,423 | +€9,679 | +61.5% |
| Suppliers | 440/4 | €15,743 | €25,423 | +€9,679 | +61.5% |
| Taxes, remuneration and social security | 45 | €64,327 | €13,168 | -€51,159 | -79.5% |
| Taxes | 450/3 | €64,327 | €13,168 | -€51,159 | -79.5% |
| Other amounts payable | 47/48 | €3,842 | €32,522 | +€28,680 | +746% |
| Accrued charges and deferred income | 492/3 | - | €1,947 | +€1,947 | |
| Non-recurring operating income | 76A | - | €86 | +€86 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,145 | €15,533 | +€4,389 | +39.4% |
| Other operating charges | 640/8 | €3,039 | €534 | -€2,505 | -82.4% |
| Non-recurring operating charges | 66A | €8 | - | -€8 | |
| Gross operating margin | 9900 | €85,042 | €59,412 | -€25,629 | -30.1% |
| Operating profit (loss) | 9901 | €70,850 | €43,345 | -€27,506 | -38.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,234 | €1,803 | +€569 | +46.1% |
| Recurring financial charges | 65 | €1,234 | €1,803 | +€569 | +46.1% |
| Profit (loss) for the period before taxes | 9903 | €69,617 | €41,542 | -€28,075 | -40.3% |
| Income taxes | 67/77 | €25,666 | €24,148 | -€1,518 | -5.9% |
| Profit (loss) for the period | 9904 | €43,951 | €17,394 | -€26,557 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,951 | €17,394 | -€26,557 | -60.4% |
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 17 October 2026 via checked.be.