Real J.K.: 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.
Real J.K.
Largest movements
- Cash +€9,380
up €9,380 (+4.1%), from €228,800 to €238,180
mainly Net result for the year (+€45,885) and Tax, wage and social debts (+€10,563)
- Receivables within one year -€3,501
down €3,501 (-81.7%), from €4,285 to €784
- Tax, wage and social debts +€10,563
up €10,563 (+110%), from €9,608 to €20,171
of which Taxes: +€7,173
- Other debts -€10,000
down €10,000 (-20.0%), from €50,000 to €40,000
- Profit (loss) carried forward +€5,885
up €5,885 (+3.6%), from €165,022 to €170,907
- Gross operating margin -€16,189
down €16,189 (-16.2%), from €100,198 to €84,009
- Taxes -€2,796
down €2,796 (-14.1%), from €19,794 to €16,998
- Other operating charges -€2,396
down €2,396 (-54.1%), from €4,432 to €2,036
- Depreciation -€1,210
down €1,210 (-87.8%), from €1,379 to €169
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 | €233,423 | €239,133 | +€5,710 | +2.4% |
| Fixed assets | 21/28 | €338 | €169 | -€169 | -50.0% |
| Tangible fixed assets | 22/27 | €338 | €169 | -€169 | -50.0% |
| Plant, machinery and equipment | 23 | €338 | €169 | -€169 | -50.0% |
| Current assets | 29/58 | €233,085 | €238,964 | +€5,879 | +2.5% |
| Amounts receivable within one year | 40/41 | €4,285 | €784 | -€3,501 | -81.7% |
| Other amounts receivable | 41 | €4,285 | €784 | -€3,501 | -81.7% |
| Cash at bank and in hand | 54/58 | €228,800 | €238,180 | +€9,380 | +4.1% |
| Total equity and liabilities | 10/49 | €233,423 | €239,133 | +€5,710 | +2.4% |
| Equity | 10/15 | €173,077 | €178,962 | +€5,885 | +3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Uncalled capital | 101 | €12,350 | €12,350 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Other | 1319 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,022 | €170,907 | +€5,885 | +3.6% |
| Amounts payable | 17/49 | €60,346 | €60,171 | -€175 | -0.3% |
| Amounts payable within one year | 42/48 | €60,346 | €60,171 | -€175 | -0.3% |
| Trade debts | 44 | €738 | - | -€738 | |
| Suppliers | 440/4 | €738 | - | -€738 | |
| Taxes, remuneration and social security | 45 | €9,608 | €20,171 | +€10,563 | +110% |
| Taxes | 450/3 | €9,608 | €16,780 | +€7,173 | +74.7% |
| Remuneration and social security | 454/9 | - | €3,391 | +€3,391 | |
| Other amounts payable | 47/48 | €50,000 | €40,000 | -€10,000 | -20.0% |
| Remuneration, social security and pensions | 62 | €19,351 | €18,826 | -€525 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,379 | €169 | -€1,210 | -87.8% |
| Other operating charges | 640/8 | €4,432 | €2,036 | -€2,396 | -54.1% |
| Gross operating margin | 9900 | €100,198 | €84,009 | -€16,189 | -16.2% |
| Operating profit (loss) | 9901 | €75,037 | €62,979 | -€12,058 | -16.1% |
| Financial income | 75/76B | - | €88 | +€88 | |
| Recurring financial income | 75 | - | €88 | +€88 | |
| Financial charges | 65/66B | €200 | €184 | -€15 | -7.7% |
| Recurring financial charges | 65 | €200 | €184 | -€15 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €74,837 | €62,883 | -€11,955 | -16.0% |
| Income taxes | 67/77 | €19,794 | €16,998 | -€2,796 | -14.1% |
| Profit (loss) for the period | 9904 | €55,043 | €45,885 | -€9,159 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,043 | €45,885 | -€9,159 | -16.6% |
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 28 October 2026 via checked.be.