J.E.C. Solutions: 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.E.C. Solutions
Largest movements
- Cash -€335,048
down €335,048 (-63.3%), from €529,558 to €194,510
mainly Contributions, distributions and other (-€1.1m) and Trade debts (-€4,565)
- Tangible fixed assets -€109,707
down €109,707 (-60.5%), from €181,413 to €71,706
of which Other tangible fixed assets: -€93,000
- Profit (loss) carried forward -€607,397
down €607,397 (-100.0%), from €607,534 to €137
- Other debts +€141,000
new in 2025: €141,000
- Tax, wage and social debts +€21,782
up €21,782 (+22.5%), from €96,640 to €118,422
of which Taxes: +€20,337
- Gross operating margin +€344,984
up €344,984 (+85.3%), from €404,632 to €749,616
- Taxes +€80,731
up €80,731 (+85.8%), from €94,067 to €174,798
- Other operating charges +€20,587
up €20,587 (+333%), from €6,188 to €26,775
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 | €714,038 | €267,815 | -€446,223 | -62.5% |
| Fixed assets | 21/28 | €181,913 | €72,206 | -€109,707 | -60.3% |
| Tangible fixed assets | 22/27 | €181,413 | €71,706 | -€109,707 | -60.5% |
| Furniture and vehicles | 24 | €77,413 | €60,706 | -€16,707 | -21.6% |
| Other tangible fixed assets | 26 | €104,000 | €11,000 | -€93,000 | -89.4% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €532,125 | €195,609 | -€336,516 | -63.2% |
| Amounts receivable within one year | 40/41 | €1,231 | €1,099 | -€132 | -10.7% |
| Trade receivables | 40 | €1,100 | - | -€1,100 | |
| Other amounts receivable | 41 | €131 | €1,099 | +€968 | +740% |
| Cash at bank and in hand | 54/58 | €529,558 | €194,510 | -€335,048 | -63.3% |
| Deferred charges and accrued income | 490/1 | €1,336 | - | -€1,336 | |
| Total equity and liabilities | 10/49 | €714,038 | €267,815 | -€446,223 | -62.5% |
| Equity | 10/15 | €612,534 | €5,137 | -€607,397 | -99.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €607,534 | €137 | -€607,397 | -100.0% |
| Amounts payable | 17/49 | €101,504 | €262,678 | +€161,174 | +159% |
| Amounts payable within one year | 42/48 | €101,504 | €259,721 | +€158,217 | +156% |
| Trade debts | 44 | €4,864 | €299 | -€4,565 | -93.9% |
| Suppliers | 440/4 | €4,864 | €299 | -€4,565 | -93.9% |
| Taxes, remuneration and social security | 45 | €96,640 | €118,422 | +€21,782 | +22.5% |
| Taxes | 450/3 | €96,640 | €116,977 | +€20,337 | +21.0% |
| Remuneration and social security | 454/9 | - | €1,445 | +€1,445 | |
| Other amounts payable | 47/48 | - | €141,000 | +€141,000 | |
| Accrued charges and deferred income | 492/3 | - | €2,957 | +€2,957 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,529 | €19,269 | +€4,740 | +32.6% |
| Other operating charges | 640/8 | €6,188 | €26,775 | +€20,587 | +333% |
| Gross operating margin | 9900 | €404,632 | €749,616 | +€344,984 | +85.3% |
| Operating profit (loss) | 9901 | €383,916 | €703,572 | +€319,656 | +83.3% |
| Financial income | 75/76B | €6,866 | €6,717 | -€149 | -2.2% |
| Recurring financial income | 75 | €6,866 | €6,717 | -€149 | -2.2% |
| Financial charges | 65/66B | €194 | €1,887 | +€1,694 | +874% |
| Recurring financial charges | 65 | €194 | €1,887 | +€1,694 | +874% |
| Profit (loss) for the period before taxes | 9903 | €390,588 | €708,401 | +€317,814 | +81.4% |
| Income taxes | 67/77 | €94,067 | €174,798 | +€80,731 | +85.8% |
| Profit (loss) for the period | 9904 | €296,521 | €533,603 | +€237,082 | +80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €296,521 | €533,603 | +€237,082 | +80.0% |
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 14 October 2026 via checked.be.