J AND T SPORTHORSES: 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.
J AND T SPORTHORSES
Largest movements
- Receivables within one year -€19,868
down €19,868 (-98.3%), from €20,217 to €349
- Stocks and contracts -€500
no longer reported in 2021 (was €500)
- Cash +€257
up €257 (+73.7%), from €349 to €606
mainly Receivables within one year (+€19,868) and Stocks and contracts (+€500)
- Equity -€17,774
down €17,774 (-11.2%), from -€158,696 to -€176,469
- Debts within one year -€2,338
down €2,338 (-3.1%), from €74,762 to €72,424
- Gross operating margin +€146,854
up €146,854 (+90.5%), from -€162,335 to -€15,481
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,066 | €955 | -€20,111 | -95.5% |
| Current assets | 29/58 | €21,066 | €955 | -€20,111 | -95.5% |
| Stocks and contracts in progress | 3 | €500 | - | -€500 | |
| Amounts receivable within one year | 40/41 | €20,217 | €349 | -€19,868 | -98.3% |
| Cash at bank and in hand | 54/58 | €349 | €606 | +€257 | +73.7% |
| Total equity and liabilities | 10/49 | €21,066 | €955 | -€20,111 | -95.5% |
| Equity | 10/15 | -€158,696 | -€176,469 | -€17,774 | -11.2% |
| Profit (loss) carried forward | 14 | -€178,696 | -€196,469 | -€17,774 | -9.9% |
| Amounts payable | 17/49 | €179,762 | €177,424 | -€2,338 | -1.3% |
| Amounts payable after more than one year | 17 | €105,000 | €105,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €74,762 | €72,424 | -€2,338 | -3.1% |
| Trade debts | 44 | €18,275 | €560 | -€17,715 | -96.9% |
| Gross operating margin | 9900 | -€162,335 | -€15,481 | +€146,854 | +90.5% |
| Operating profit (loss) | 9901 | -€162,455 | -€16,780 | +€145,675 | +89.7% |
| Recurring financial charges | 65 | €245 | €994 | +€749 | +305.4% |
| Profit (loss) for the period before taxes | 9903 | -€162,700 | -€17,774 | +€144,926 | +89.1% |
| Profit (loss) for the period | 9904 | -€162,700 | -€17,774 | +€144,926 | +89.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€162,700 | -€17,774 | +€144,926 | +89.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2020 and 30 June 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.