JSK IMMO: 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.
JSK IMMO
Largest movements
- Receivables within one year +€99,845
up €99,845 (+79.8%), from €125,155 to €225,000
- Cash -€97,317
down €97,317 (-49.4%), from €196,867 to €99,550
mainly Receivables within one year (-€99,845) and Deferred charges and accrued income (-€953)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€2,561
down €2,561 (-16.9%), from €15,143 to €12,582
- Taxes -€945
no longer reported in 2025 (was €945)
- Staff costs +€269
up €269 (+3.8%), from €7,164 to €7,433
- Financial charges +€159
up €159 (+68.0%), from €234 to €393
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 | €344,413 | €344,792 | +€379 | +0.1% |
| Fixed assets | 21/28 | €22,085 | €18,983 | -€3,102 | -14.0% |
| Tangible fixed assets | 22/27 | €21,925 | €18,823 | -€3,102 | -14.1% |
| Land and buildings | 22 | €10,660 | €9,669 | -€991 | -9.3% |
| Plant, machinery and equipment | 23 | €11,265 | €9,154 | -€2,111 | -18.7% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €322,328 | €325,809 | +€3,481 | +1.1% |
| Amounts receivable within one year | 40/41 | €125,155 | €225,000 | +€99,845 | +79.8% |
| Other amounts receivable | 41 | €125,155 | €225,000 | +€99,845 | +79.8% |
| Cash at bank and in hand | 54/58 | €196,867 | €99,550 | -€97,317 | -49.4% |
| Deferred charges and accrued income | 490/1 | €306 | €1,259 | +€953 | +311% |
| Total equity and liabilities | 10/49 | €344,413 | €344,792 | +€379 | +0.1% |
| Equity | 10/15 | €342,849 | €342,832 | -€17 | 0.0% |
| Contributions | 10/11 | €22,024 | €22,024 | = | 0.0% |
| Reserves | 13 | €274,814 | €274,814 | = | 0.0% |
| Distributable reserves | 133 | €274,814 | €274,814 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,011 | €45,994 | -€17 | 0.0% |
| Amounts payable | 17/49 | €1,564 | €1,960 | +€396 | +25.3% |
| Amounts payable within one year | 42/48 | €1,564 | €1,960 | +€396 | +25.3% |
| Trade debts | 44 | €102 | €663 | +€561 | +549% |
| Suppliers | 440/4 | €102 | €663 | +€561 | +549% |
| Taxes, remuneration and social security | 45 | €1,462 | €1,297 | -€164 | -11.3% |
| Taxes | 450/3 | €209 | - | -€209 | |
| Remuneration and social security | 454/9 | €1,253 | €1,297 | +€45 | +3.6% |
| Remuneration, social security and pensions | 62 | €7,164 | €7,433 | +€269 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,143 | €3,102 | -€41 | -1.3% |
| Other operating charges | 640/8 | €1,633 | €1,671 | +€39 | +2.4% |
| Gross operating margin | 9900 | €15,143 | €12,582 | -€2,561 | -16.9% |
| Operating profit (loss) | 9901 | €3,204 | €376 | -€2,828 | -88.3% |
| Financial charges | 65/66B | €234 | €393 | +€159 | +68.0% |
| Recurring financial charges | 65 | €234 | €393 | +€159 | +68.0% |
| Profit (loss) for the period before taxes | 9903 | €2,970 | -€17 | -€2,987 | |
| Income taxes | 67/77 | €945 | - | -€945 | |
| Profit (loss) for the period | 9904 | €2,025 | -€17 | -€2,042 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,025 | -€17 | -€2,042 |
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 19 October 2026 via checked.be.