Jo Technic
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 22-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 34% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €19,967 | €1,040 |
| Intangible fixed assets | €330 | - |
| Financial fixed assets | - | €0 |
| Depreciation and write-downs of the year | €2,950 | €4,308 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,950 | €4,308 | ▲ 46.0% |
| Other operating charges640/8 | €1,317 | €495 | ▼ 62.4% |
| Gross operating margin9900 | €141,017 | €94,915 | ▼ 32.7% |
| Operating profit (loss)9901 | €136,750 | €90,112 | ▼ 34.1% |
| Financial income75/76B | €518 | €1,307 | ▲ 152% |
| Recurring financial income75 | €518 | €1,307 | ▲ 152% |
| Financial charges65/66B | €88 | €151 | ▲ 71.1% |
| Recurring financial charges65 | €88 | €151 | ▲ 71.1% |
| Profit (loss) for the period before taxes9903 | €137,180 | €91,268 | ▼ 33.5% |
| Income taxes67/77 | €29,256 | €18,315 | ▼ 37.4% |
| Profit (loss) for the period9904 | €107,924 | €72,953 | ▼ 32.4% |
| Profit (loss) for the period to be appropriated9905 | €107,924 | €72,953 | ▼ 32.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €149,066 | €237,506 | ▲ 59.3% |
| Fixed assets21/28 | €17,347 | €14,079 | ▼ 18.8% |
| Intangible fixed assets21 | €303 | €270 | ▼ 10.9% |
| Tangible fixed assets22/27 | €17,044 | €13,809 | ▼ 19.0% |
| Plant, machinery and equipment23 | €7,378 | €5,699 | ▼ 22.8% |
| Furniture and vehicles24 | €9,666 | €8,110 | ▼ 16.1% |
| Current assets29/58 | €131,720 | €223,426 | ▲ 69.6% |
| Amounts receivable after more than one year29 | €20,000 | €20,000 | = |
| Other amounts receivable291 | €20,000 | €20,000 | = |
| Amounts receivable within one year40/41 | €61,772 | €131,074 | ▲ 112% |
| Trade receivables40 | €47,900 | €102,312 | ▲ 114% |
| Other amounts receivable41 | €13,873 | €28,763 | ▲ 107% |
| Cash at bank and in hand54/58 | €49,416 | €72,297 | ▲ 46.3% |
| Deferred charges and accrued income490/1 | €531 | €55 | ▼ 89.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €149,066 | €237,506 | ▲ 59.3% |
| Equity10/15 | €110,424 | €183,377 | ▲ 66.1% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Reserves13 | €107,924 | €180,877 | ▲ 67.6% |
| Distributable reserves133 | €107,924 | €180,877 | ▲ 67.6% |
| Amounts payable17/49 | €38,642 | €54,128 | ▲ 40.1% |
| Amounts payable within one year42/48 | €38,642 | €54,033 | ▲ 39.8% |
| Trade debts44 | €9,387 | €6,527 | ▼ 30.5% |
| Suppliers440/4 | €9,387 | €6,527 | ▼ 30.5% |
| Taxes, remuneration and social security45 | €29,256 | €47,506 | ▲ 62.4% |
| Taxes450/3 | €29,256 | €47,506 | ▲ 62.4% |
| Accrued charges and deferred income492/3 | - | €95 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €107,924 | €72,953 | ▼ 32.4% |
| + Depreciation and write-downs630 | €2,950 | €4,308 | ▲ 46.0% |
| Operating cash flow (approximation) | €110,874 | €77,261 | ▼ 30.3% |
| Investment in fixed assets (approximation) | - | -€1,040 | - |
| Change in cash | - | €22,881 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Jo Technic has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Jo Technic itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Jo Technic. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.