J.G. TECHNICS: 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.G. TECHNICS
Largest movements
- Stocks and contracts -€25,106
down €25,106 (-30.4%), from €82,606 to €57,500
- Receivables within one year +€15,551
up €15,551 (+13.8%), from €112,961 to €128,513
of which Trade receivables: +€20,377
- Tangible fixed assets -€10,932
down €10,932 (-61.7%), from €17,709 to €6,776
of which Furniture and vehicles: -€10,919
- Cash -€10,056
down €10,056 (-68.8%), from €14,608 to €4,552
mainly Net result for the year (-€52,250) and Receivables within one year (-€15,551)
- Deferred charges and accrued income -€6,578
down €6,578 (-21.0%), from €31,265 to €24,688
- Profit (loss) carried forward -€42,203
new in 2025: -€42,203
- Other debts +€16,210
up €16,210 (+8.2%), from €198,730 to €214,940
- Reserves -€10,046
down €10,046 (-84.4%), from €11,906 to €1,860
of which Distributable reserves: -€10,046
- Gross operating margin -€30,066
down €30,066 (-638%), from -€4,715 to -€34,781
- Depreciation -€731
down €731 (-6.3%), from €11,664 to €10,932
- Other operating charges +€729
up €729 (+27.4%), from €2,666 to €3,395
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 | €259,150 | €222,029 | -€37,121 | -14.3% |
| Fixed assets | 21/28 | €17,709 | €6,776 | -€10,932 | -61.7% |
| Tangible fixed assets | 22/27 | €17,709 | €6,776 | -€10,932 | -61.7% |
| Plant, machinery and equipment | 23 | €13 | €0 | -€13 | -100% |
| Furniture and vehicles | 24 | €17,696 | €6,776 | -€10,919 | -61.7% |
| Current assets | 29/58 | €241,441 | €215,253 | -€26,189 | -10.8% |
| Stocks and contracts in progress | 3 | €82,606 | €57,500 | -€25,106 | -30.4% |
| Contracts in progress | 37 | €82,606 | €57,500 | -€25,106 | -30.4% |
| Amounts receivable within one year | 40/41 | €112,961 | €128,513 | +€15,551 | +13.8% |
| Trade receivables | 40 | €107,979 | €128,355 | +€20,377 | +18.9% |
| Other amounts receivable | 41 | €4,983 | €158 | -€4,825 | -96.8% |
| Cash at bank and in hand | 54/58 | €14,608 | €4,552 | -€10,056 | -68.8% |
| Deferred charges and accrued income | 490/1 | €31,265 | €24,688 | -€6,578 | -21.0% |
| Total equity and liabilities | 10/49 | €259,150 | €222,029 | -€37,121 | -14.3% |
| Equity | 10/15 | €24,306 | -€27,943 | -€52,250 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,906 | €1,860 | -€10,046 | -84.4% |
| 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 | €10,046 | €0 | -€10,046 | -100% |
| Profit (loss) carried forward | 14 | - | -€42,203 | -€42,203 | |
| Amounts payable | 17/49 | €234,844 | €249,972 | +€15,129 | +6.4% |
| Amounts payable within one year | 42/48 | €234,844 | €249,972 | +€15,129 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €33,236 | €31,807 | -€1,428 | -4.3% |
| Suppliers | 440/4 | €33,236 | €31,807 | -€1,428 | -4.3% |
| Taxes, remuneration and social security | 45 | €2,878 | €3,225 | +€347 | +12.1% |
| Taxes | 450/3 | €715 | €1,048 | +€333 | +46.5% |
| Remuneration and social security | 454/9 | €2,163 | €2,177 | +€14 | +0.7% |
| Other amounts payable | 47/48 | €198,730 | €214,940 | +€16,210 | +8.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,664 | €10,932 | -€731 | -6.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,666 | €3,395 | +€729 | +27.4% |
| Gross operating margin | 9900 | -€4,715 | -€34,781 | -€30,066 | -638% |
| Operating profit (loss) | 9901 | -€19,044 | -€49,108 | -€30,064 | -158% |
| Financial income | 75/76B | €268 | €274 | +€6 | +2.1% |
| Recurring financial income | 75 | €268 | €274 | +€6 | +2.1% |
| Financial charges | 65/66B | €3,232 | €3,068 | -€164 | -5.1% |
| Recurring financial charges | 65 | €3,232 | €3,068 | -€164 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€22,008 | -€51,903 | -€29,894 | -136% |
| Income taxes | 67/77 | €378 | €347 | -€31 | -8.2% |
| Profit (loss) for the period | 9904 | -€22,386 | -€52,250 | -€29,864 | -133% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,386 | -€52,250 | -€29,864 | -133% |
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 21 October 2026 via checked.be.