JSK Windows: 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 Windows
Largest movements
- Tangible fixed assets -€691,955
down €691,955 (-40.8%), from €1.7m to €1.0m
of which Land and buildings: -€613,956
- Receivables within one year -€54,447
down €54,447 (-5.4%), from €1.0m to €948,645
of which Trade receivables: -€52,609
- Stocks and contracts -€45,925
down €45,925 (-4.0%), from €1.1m to €1.1m
- Debts after one year -€803,508
down €803,508 (-63.2%), from €1.3m to €467,541
- Other debts -€315,770
down €315,770 (-33.5%), from €943,622 to €627,852
- Profit (loss) carried forward +€143,342
up €143,342 (+13.1%), from €1.1m to €1.2m
- Advances received +€85,000
new in 2024: €85,000
- Financial charges -€86,590
down €86,590 (-59.4%), from €145,709 to €59,119
- Taxes +€78,549
new in 2024: €78,549
- Gross operating margin -€48,387
down €48,387 (-7.4%), from €654,719 to €606,331
- Staff costs +€24,780
up €24,780 (+16.8%), from €147,919 to €172,699
- Depreciation +€14,373
up €14,373 (+10.4%), from €138,025 to €152,398
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,918,841 | €3,107,414 | -€811,427 | -20.7% |
| Fixed assets | 21/28 | €1,741,808 | €1,045,567 | -€696,242 | -40.0% |
| Intangible fixed assets | 21 | €14,229 | €9,943 | -€4,286 | -30.1% |
| Tangible fixed assets | 22/27 | €1,694,638 | €1,002,682 | -€691,955 | -40.8% |
| Land and buildings | 22 | €664,561 | €50,605 | -€613,956 | -92.4% |
| Plant, machinery and equipment | 23 | €537,339 | €462,291 | -€75,047 | -14.0% |
| Furniture and vehicles | 24 | €29,042 | €12,299 | -€16,742 | -57.6% |
| Other tangible fixed assets | 26 | €463,696 | €477,487 | +€13,790 | +3.0% |
| Financial fixed assets | 28 | €32,942 | €32,942 | = | 0.0% |
| Current assets | 29/58 | €2,177,033 | €2,061,848 | -€115,185 | -5.3% |
| Stocks and contracts in progress | 3 | €1,135,436 | €1,089,511 | -€45,925 | -4.0% |
| Stocks | 30/36 | €1,135,436 | €1,089,511 | -€45,925 | -4.0% |
| Amounts receivable within one year | 40/41 | €1,003,092 | €948,645 | -€54,447 | -5.4% |
| Trade receivables | 40 | €924,460 | €871,851 | -€52,609 | -5.7% |
| Other amounts receivable | 41 | €78,633 | €76,794 | -€1,838 | -2.3% |
| Cash at bank and in hand | 54/58 | €9,251 | €6,963 | -€2,288 | -24.7% |
| Deferred charges and accrued income | 490/1 | €29,254 | €16,729 | -€12,525 | -42.8% |
| Total equity and liabilities | 10/49 | €3,918,841 | €3,107,414 | -€811,427 | -20.7% |
| Equity | 10/15 | €1,116,887 | €1,260,229 | +€143,342 | +12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,096,427 | €1,239,769 | +€143,342 | +13.1% |
| Amounts payable | 17/49 | €2,801,955 | €1,847,186 | -€954,769 | -34.1% |
| Amounts payable after more than one year | 17 | €1,271,048 | €467,541 | -€803,508 | -63.2% |
| Financial debts | 170/4 | €1,271,048 | €467,541 | -€803,508 | -63.2% |
| Amounts payable within one year | 42/48 | €1,530,906 | €1,379,645 | -€151,261 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €56,919 | €86,884 | +€29,966 | +52.6% |
| Financial debts | 43 | €116,290 | €153,387 | +€37,096 | +31.9% |
| Credit institutions | 430/8 | €116,290 | €153,387 | +€37,096 | +31.9% |
| Trade debts | 44 | €358,945 | €382,317 | +€23,372 | +6.5% |
| Suppliers | 440/4 | €358,945 | €382,317 | +€23,372 | +6.5% |
| Advances received on contracts in progress | 46 | - | €85,000 | +€85,000 | |
| Taxes, remuneration and social security | 45 | €55,130 | €44,204 | -€10,926 | -19.8% |
| Taxes | 450/3 | €35,808 | €29,575 | -€6,233 | -17.4% |
| Remuneration and social security | 454/9 | €19,322 | €14,629 | -€4,693 | -24.3% |
| Other amounts payable | 47/48 | €943,622 | €627,852 | -€315,770 | -33.5% |
| Remuneration, social security and pensions | 62 | €147,919 | €172,699 | +€24,780 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,025 | €152,398 | +€14,373 | +10.4% |
| Other operating charges | 640/8 | €8,436 | €224 | -€8,212 | -97.3% |
| Gross operating margin | 9900 | €654,719 | €606,331 | -€48,387 | -7.4% |
| Operating profit (loss) | 9901 | €360,338 | €281,010 | -€79,328 | -22.0% |
| Financial charges | 65/66B | €145,709 | €59,119 | -€86,590 | -59.4% |
| Recurring financial charges | 65 | €145,709 | €59,119 | -€86,590 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €214,630 | €221,891 | +€7,261 | +3.4% |
| Income taxes | 67/77 | - | €78,549 | +€78,549 | |
| Profit (loss) for the period | 9904 | €214,630 | €143,342 | -€71,288 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €214,630 | €143,342 | -€71,288 | -33.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.