FTJK: what changed
Two fiscal 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.
FTJK
Largest movements
- Cash -€27,045
down €27,045 (-88.3%), from €30,621 to €3,576
mainly Investment in fixed assets (net) (-€14,593) and Net result for the year (-€8,044)
- Tangible fixed assets +€12,390
up €12,390 (+1084.0%), from €1,143 to €13,533
- Receivables within one year +€1,280
up €1,280 (+7.8%), from €16,318 to €17,598
of which Trade receivables: +€2,015
- Deferred charges and accrued income +€613
new in 2025: €613
- Profit (loss) carried forward -€8,044
down €8,044 (-19.4%), from €41,533 to €33,489
- Other debts -€5,000
no longer reported in 2025 (was €5,000)
- Gross operating margin -€2,105
down €2,105 (-65.3%), from -€3,223 to -€5,328
- Depreciation +€1,674
up €1,674 (+316.6%), from €529 to €2,203
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.
Cash bridge derived
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 | €48,082 | €35,320 | -€12,762 | -26.5% |
| Fixed assets | 21/28 | €1,143 | €13,533 | +€12,390 | +1084.0% |
| Tangible fixed assets | 22/27 | €1,143 | €13,533 | +€12,390 | +1084.0% |
| Furniture and vehicles | 24 | €1,143 | €13,533 | +€12,390 | +1084.0% |
| Current assets | 29/58 | €46,939 | €21,787 | -€25,152 | -53.6% |
| Amounts receivable within one year | 40/41 | €16,318 | €17,598 | +€1,280 | +7.8% |
| Trade receivables | 40 | €1,656 | €3,671 | +€2,015 | +121.7% |
| Other amounts receivable | 41 | €14,663 | €13,927 | -€735 | -5.0% |
| Cash at bank and in hand | 54/58 | €30,621 | €3,576 | -€27,045 | -88.3% |
| Deferred charges and accrued income | 490/1 | - | €613 | +€613 | |
| Total equity and liabilities | 10/49 | €48,082 | €35,320 | -€12,762 | -26.5% |
| Equity | 10/15 | €43,033 | €34,989 | -€8,044 | -18.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,533 | €33,489 | -€8,044 | -19.4% |
| Amounts payable | 17/49 | €5,049 | €331 | -€4,718 | -93.4% |
| Amounts payable within one year | 42/48 | €5,049 | €331 | -€4,718 | -93.4% |
| Financial debts | 43 | €45 | €76 | +€31 | +68.0% |
| Credit institutions | 430/8 | €45 | €76 | +€31 | +68.0% |
| Trade debts | 44 | - | €255 | +€255 | |
| Suppliers | 440/4 | - | €255 | +€255 | |
| Taxes, remuneration and social security | 45 | €4 | - | -€4 | |
| Taxes | 450/3 | €4 | - | -€4 | |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €529 | €2,203 | +€1,674 | +316.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€3,223 | -€5,328 | -€2,105 | -65.3% |
| Operating profit (loss) | 9901 | -€4,139 | -€7,930 | -€3,791 | -91.6% |
| Financial charges | 65/66B | €141 | €114 | -€27 | -19.2% |
| Recurring financial charges | 65 | €141 | €114 | -€27 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,280 | -€8,044 | -€3,764 | -88.0% |
| Profit (loss) for the period | 9904 | -€4,280 | -€8,044 | -€3,764 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,280 | -€8,044 | -€3,764 | -88.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.