J.T. CONCEPT: 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.T. CONCEPT
Largest movements
- Cash +€24,692
up €24,692 (+33.2%), from €74,464 to €99,155
mainly Net result for the year (+€37,265) and Depreciation (+€14,717)
- Receivables within one year +€22,247
up €22,247 (+39.8%), from €55,834 to €78,081
of which Other amounts receivable: +€12,683
- Tangible fixed assets -€8,712
down €8,712 (-15.2%), from €57,186 to €48,473
of which Furniture and vehicles: -€7,812
- Reserves +€37,265
up €37,265 (+27.9%), from €133,624 to €170,889
- Gross operating margin -€47,938
down €47,938 (-39.9%), from €120,037 to €72,098
- Taxes -€15,813
down €15,813 (-47.8%), from €33,080 to €17,267
- Depreciation +€3,697
up €3,697 (+33.5%), from €11,020 to €14,717
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,162 | €227,339 | +€39,177 | +20.8% |
| Fixed assets | 21/28 | €57,286 | €48,573 | -€8,712 | -15.2% |
| Tangible fixed assets | 22/27 | €57,186 | €48,473 | -€8,712 | -15.2% |
| Plant, machinery and equipment | 23 | €3,460 | €2,560 | -€900 | -26.0% |
| Furniture and vehicles | 24 | €53,725 | €45,913 | -€7,812 | -14.5% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €130,876 | €178,765 | +€47,889 | +36.6% |
| Amounts receivable within one year | 40/41 | €55,834 | €78,081 | +€22,247 | +39.8% |
| Trade receivables | 40 | €20,692 | €30,255 | +€9,564 | +46.2% |
| Other amounts receivable | 41 | €35,143 | €47,826 | +€12,683 | +36.1% |
| Cash at bank and in hand | 54/58 | €74,464 | €99,155 | +€24,692 | +33.2% |
| Deferred charges and accrued income | 490/1 | €578 | €1,529 | +€951 | +164% |
| Total equity and liabilities | 10/49 | €188,162 | €227,339 | +€39,177 | +20.8% |
| Equity | 10/15 | €167,170 | €204,435 | +€37,265 | +22.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €133,624 | €170,889 | +€37,265 | +27.9% |
| Distributable reserves | 133 | €133,624 | €170,889 | +€37,265 | +27.9% |
| Profit (loss) carried forward | 14 | €14,946 | €14,946 | = | 0.0% |
| Amounts payable | 17/49 | €20,992 | €22,904 | +€1,912 | +9.1% |
| Amounts payable within one year | 42/48 | €20,992 | €22,484 | +€1,492 | +7.1% |
| Trade debts | 44 | €512 | €139 | -€374 | -72.9% |
| Suppliers | 440/4 | €512 | €139 | -€374 | -72.9% |
| Taxes, remuneration and social security | 45 | €20,480 | €22,345 | +€1,865 | +9.1% |
| Taxes | 450/3 | €20,480 | €22,345 | +€1,865 | +9.1% |
| Accrued charges and deferred income | 492/3 | - | €420 | +€420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,020 | €14,717 | +€3,697 | +33.5% |
| Other operating charges | 640/8 | €708 | €1,380 | +€671 | +94.8% |
| Gross operating margin | 9900 | €120,037 | €72,098 | -€47,938 | -39.9% |
| Operating profit (loss) | 9901 | €108,308 | €56,001 | -€52,307 | -48.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,654 | €1,469 | -€185 | -11.2% |
| Recurring financial charges | 65 | €1,654 | €1,469 | -€185 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €106,654 | €54,532 | -€52,122 | -48.9% |
| Income taxes | 67/77 | €33,080 | €17,267 | -€15,813 | -47.8% |
| Profit (loss) for the period | 9904 | €73,575 | €37,265 | -€36,310 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,575 | €37,265 | -€36,310 | -49.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.