GTJ: 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.
GTJ
Largest movements
- Receivables within one year +€10,242
up €10,242 (+18.8%), from €54,472 to €64,714
of which Trade receivables: +€9,565
- Cash -€2,280
down €2,280 (-22.1%), from €10,296 to €8,016
mainly Receivables within one year (-€10,242) and Net result for the year (-€3,533)
- Tangible fixed assets -€1,654
down €1,654 (-52.6%), from €3,145 to €1,491
of which Furniture and vehicles: -€1,362
- Trade debts +€4,823
up €4,823 (+84.3%), from €5,722 to €10,545
- Other debts +€4,000
new in 2025: €4,000
- Profit (loss) carried forward -€3,533
down €3,533 (-9.4%), from €37,487 to €33,954
- Gross operating margin -€12,198
down €12,198 (-71.2%), from €17,144 to €4,945
- Other operating charges -€1,909
down €1,909 (-53.4%), from €3,578 to €1,668
- Taxes -€1,269
no longer reported in 2025 (was €1,269)
- Financial income -€482
no longer reported in 2025 (was €482)
- Depreciation -€441
down €441 (-21.0%), from €2,095 to €1,654
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 | €67,913 | €74,221 | +€6,308 | +9.3% |
| Fixed assets | 21/28 | €3,145 | €1,491 | -€1,654 | -52.6% |
| Tangible fixed assets | 22/27 | €3,145 | €1,491 | -€1,654 | -52.6% |
| Plant, machinery and equipment | 23 | €497 | €205 | -€292 | -58.8% |
| Furniture and vehicles | 24 | €2,648 | €1,286 | -€1,362 | -51.4% |
| Current assets | 29/58 | €64,768 | €72,730 | +€7,962 | +12.3% |
| Amounts receivable within one year | 40/41 | €54,472 | €64,714 | +€10,242 | +18.8% |
| Trade receivables | 40 | €38,897 | €48,463 | +€9,565 | +24.6% |
| Other amounts receivable | 41 | €15,574 | €16,252 | +€677 | +4.3% |
| Cash at bank and in hand | 54/58 | €10,296 | €8,016 | -€2,280 | -22.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | -€0 | |
| Total equity and liabilities | 10/49 | €67,913 | €74,221 | +€6,308 | +9.3% |
| Equity | 10/15 | €57,947 | €54,414 | -€3,533 | -6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,487 | €33,954 | -€3,533 | -9.4% |
| Amounts payable | 17/49 | €9,966 | €19,807 | +€9,841 | +98.7% |
| Amounts payable within one year | 42/48 | €9,618 | €19,064 | +€9,446 | +98.2% |
| Trade debts | 44 | €5,722 | €10,545 | +€4,823 | +84.3% |
| Suppliers | 440/4 | €5,722 | €10,545 | +€4,823 | +84.3% |
| Taxes, remuneration and social security | 45 | €3,897 | €4,519 | +€623 | +16.0% |
| Taxes | 450/3 | €500 | €1,123 | +€623 | +124.6% |
| Remuneration and social security | 454/9 | €3,397 | €3,397 | = | 0.0% |
| Other amounts payable | 47/48 | - | €4,000 | +€4,000 | |
| Accrued charges and deferred income | 492/3 | €348 | €742 | +€395 | +113.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,095 | €1,654 | -€441 | -21.0% |
| Other operating charges | 640/8 | €3,578 | €1,668 | -€1,909 | -53.4% |
| Gross operating margin | 9900 | €17,144 | €4,945 | -€12,198 | -71.2% |
| Operating profit (loss) | 9901 | €11,471 | €1,623 | -€9,848 | -85.9% |
| Financial income | 75/76B | €482 | - | -€482 | |
| Recurring financial income | 75 | €482 | - | -€482 | |
| Financial charges | 65/66B | €5,047 | €5,156 | +€109 | +2.2% |
| Recurring financial charges | 65 | €5,047 | €5,156 | +€109 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €6,906 | -€3,533 | -€10,439 | |
| Income taxes | 67/77 | €1,269 | - | -€1,269 | |
| Profit (loss) for the period | 9904 | €5,637 | -€3,533 | -€9,170 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,637 | -€3,533 | -€9,170 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.