J.D. Tech: 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.D. Tech
Largest movements
- Cash -€40,787
down €40,787 (-52.0%), from €78,453 to €37,666
mainly Tax, wage and social debts (-€39,435) and Debts after one year (-€34,931)
- Tangible fixed assets -€40,347
down €40,347 (-18.3%), from €221,059 to €180,712
of which Furniture and vehicles: -€29,518
- Receivables within one year +€14,444
up €14,444 (+46.7%), from €30,957 to €45,401
of which Other amounts receivable: +€15,791
- Stocks and contracts -€10,207
down €10,207 (-19.6%), from €52,055 to €41,848
- Tax, wage and social debts -€39,435
down €39,435 (-87.2%), from €45,227 to €5,792
of which Taxes: -€37,685
- Debts after one year -€34,931
down €34,931 (-25.2%), from €138,346 to €103,415
- Other debts +€25,000
new in 2025: €25,000
- Trade debts -€22,317
down €22,317 (-95.3%), from €23,409 to €1,092
- Current portion of long-term debt -€7,308
down €7,308 (-39.2%), from €18,638 to €11,330
- Gross operating margin +€144,393
up €144,393, from -€81,625 to €62,768
- Other operating charges -€26,710
down €26,710 (-90.0%), from €29,667 to €2,957
- Write-downs +€5,132
new in 2025: €5,132
- Financial charges +€2,664
up €2,664 (+53.1%), from €5,013 to €7,677
- Depreciation +€964
up €964 (+6.1%), from €15,889 to €16,853
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 | €422,705 | €345,837 | -€76,868 | -18.2% |
| Fixed assets | 21/28 | €260,059 | €219,712 | -€40,347 | -15.5% |
| Tangible fixed assets | 22/27 | €221,059 | €180,712 | -€40,347 | -18.3% |
| Land and buildings | 22 | €168,939 | €160,439 | -€8,500 | -5.0% |
| Plant, machinery and equipment | 23 | €12,526 | €10,198 | -€2,328 | -18.6% |
| Furniture and vehicles | 24 | €39,594 | €10,076 | -€29,518 | -74.6% |
| Financial fixed assets | 28 | €39,000 | €39,000 | = | 0.0% |
| Current assets | 29/58 | €162,646 | €126,125 | -€36,521 | -22.5% |
| Stocks and contracts in progress | 3 | €52,055 | €41,848 | -€10,207 | -19.6% |
| Stocks | 30/36 | €52,055 | €41,848 | -€10,207 | -19.6% |
| Amounts receivable within one year | 40/41 | €30,957 | €45,401 | +€14,444 | +46.7% |
| Trade receivables | 40 | €17,148 | €15,801 | -€1,347 | -7.9% |
| Other amounts receivable | 41 | €13,809 | €29,600 | +€15,791 | +114% |
| Cash at bank and in hand | 54/58 | €78,453 | €37,666 | -€40,787 | -52.0% |
| Deferred charges and accrued income | 490/1 | €1,181 | €1,210 | +€29 | +2.4% |
| Total equity and liabilities | 10/49 | €422,705 | €345,837 | -€76,868 | -18.2% |
| Equity | 10/15 | €197,085 | €199,208 | +€2,123 | +1.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €195,085 | €197,208 | +€2,123 | +1.1% |
| Amounts payable | 17/49 | €225,620 | €146,629 | -€78,991 | -35.0% |
| Amounts payable after more than one year | 17 | €138,346 | €103,415 | -€34,931 | -25.2% |
| Financial debts | 170/4 | €138,346 | €103,415 | -€34,931 | -25.2% |
| Amounts payable within one year | 42/48 | €87,274 | €43,214 | -€44,060 | -50.5% |
| Current portion of amounts payable after more than one year | 42 | €18,638 | €11,330 | -€7,308 | -39.2% |
| Trade debts | 44 | €23,409 | €1,092 | -€22,317 | -95.3% |
| Suppliers | 440/4 | €23,409 | €1,092 | -€22,317 | -95.3% |
| Taxes, remuneration and social security | 45 | €45,227 | €5,792 | -€39,435 | -87.2% |
| Taxes | 450/3 | €43,477 | €5,792 | -€37,685 | -86.7% |
| Remuneration and social security | 454/9 | €1,750 | - | -€1,750 | |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,889 | €16,853 | +€964 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,132 | +€5,132 | |
| Other operating charges | 640/8 | €29,667 | €2,957 | -€26,710 | -90.0% |
| Gross operating margin | 9900 | -€81,625 | €62,768 | +€144,393 | |
| Operating profit (loss) | 9901 | -€127,181 | €37,826 | +€165,007 | |
| Financial income | 75/76B | €2,309 | €2,267 | -€42 | -1.8% |
| Recurring financial income | 75 | €2,309 | €2,267 | -€42 | -1.8% |
| Financial charges | 65/66B | €5,013 | €7,677 | +€2,664 | +53.1% |
| Recurring financial charges | 65 | €5,013 | €7,677 | +€2,664 | +53.1% |
| Profit (loss) for the period before taxes | 9903 | -€129,885 | €32,416 | +€162,301 | |
| Income taxes | 67/77 | €197 | €881 | +€684 | +347% |
| Profit (loss) for the period | 9904 | -€130,082 | €31,535 | +€161,617 | |
| Profit (loss) for the period to be appropriated | 9905 | -€130,082 | €31,535 | +€161,617 |
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 13 October 2026 via checked.be.