J.C. TEX: 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.
J.C. TEX
Largest movements
- Current investments -€45,000
no longer reported in 2025 (was €45,000)
- Cash +€43,292
up €43,292 (+290%), from €14,924 to €58,216
mainly Current investments (+€45,000) and Depreciation (+€8,182)
- Tangible fixed assets -€8,182
down €8,182 (-14.9%), from €54,858 to €46,676
of which Land and buildings: -€7,080
- Stocks and contracts -€4,018
down €4,018 (-54.2%), from €7,410 to €3,392
- Profit (loss) carried forward -€13,214
down €13,214 (-15.6%), from €84,846 to €71,632
- Trade debts -€2,354
down €2,354 (-97.8%), from €2,406 to €52
- Write-downs +€9,039
new in 2025: €9,039
- Gross operating margin +€5,465
up €5,465 (+817%), from €669 to €6,134
- Financial income -€586
down €586 (-82.2%), from €713 to €127
- Taxes +€216
up €216 (+101%), from €214 to €430
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 | €124,079 | €109,437 | -€14,642 | -11.8% |
| Fixed assets | 21/28 | €54,888 | €46,706 | -€8,182 | -14.9% |
| Tangible fixed assets | 22/27 | €54,858 | €46,676 | -€8,182 | -14.9% |
| Land and buildings | 22 | €49,560 | €42,480 | -€7,080 | -14.3% |
| Plant, machinery and equipment | 23 | €4,898 | €3,996 | -€902 | -18.4% |
| Furniture and vehicles | 24 | €400 | €200 | -€200 | -50.0% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €69,191 | €62,730 | -€6,461 | -9.3% |
| Stocks and contracts in progress | 3 | €7,410 | €3,392 | -€4,018 | -54.2% |
| Stocks | 30/36 | €7,410 | €3,392 | -€4,018 | -54.2% |
| Amounts receivable within one year | 40/41 | €1,759 | €966 | -€793 | -45.1% |
| Trade receivables | 40 | €754 | €966 | +€212 | +28.1% |
| Other amounts receivable | 41 | €1,005 | - | -€1,005 | |
| Current investments | 50/53 | €45,000 | - | -€45,000 | |
| Cash at bank and in hand | 54/58 | €14,924 | €58,216 | +€43,292 | +290% |
| Deferred charges and accrued income | 490/1 | €98 | €157 | +€59 | +59.9% |
| Total equity and liabilities | 10/49 | €124,079 | €109,437 | -€14,642 | -11.8% |
| Equity | 10/15 | €120,739 | €107,525 | -€13,214 | -10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,293 | €17,293 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,433 | €15,433 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €84,846 | €71,632 | -€13,214 | -15.6% |
| Amounts payable | 17/49 | €3,340 | €1,912 | -€1,428 | -42.8% |
| Amounts payable within one year | 42/48 | €3,340 | €1,912 | -€1,428 | -42.8% |
| Trade debts | 44 | €2,406 | €52 | -€2,354 | -97.8% |
| Suppliers | 440/4 | €2,406 | €52 | -€2,354 | -97.8% |
| Taxes, remuneration and social security | 45 | €934 | €1,491 | +€557 | +59.7% |
| Taxes | 450/3 | €934 | €1,491 | +€557 | +59.7% |
| Other amounts payable | 47/48 | - | €368 | +€368 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,182 | €8,182 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,039 | +€9,039 | |
| Other operating charges | 640/8 | €1,763 | €1,806 | +€43 | +2.5% |
| Gross operating margin | 9900 | €669 | €6,134 | +€5,465 | +817% |
| Operating profit (loss) | 9901 | -€9,276 | -€12,894 | -€3,618 | -39.0% |
| Financial income | 75/76B | €713 | €127 | -€586 | -82.2% |
| Recurring financial income | 75 | €713 | €127 | -€586 | -82.2% |
| Financial charges | 65/66B | €7 | €18 | +€11 | +154% |
| Recurring financial charges | 65 | €7 | €18 | +€11 | +154% |
| Profit (loss) for the period before taxes | 9903 | -€8,570 | -€12,784 | -€4,214 | -49.2% |
| Income taxes | 67/77 | €214 | €430 | +€216 | +101% |
| Profit (loss) for the period | 9904 | -€8,784 | -€13,214 | -€4,430 | -50.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,784 | -€13,214 | -€4,430 | -50.4% |
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 24 October 2026 via checked.be.