J&T partners: 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 partners
Largest movements
- Financial fixed assets +€450,000
up €450,000 (+23.5%), from €1.9m to €2.4m
- Current investments +€76,146
up €76,146 (+33.7%), from €225,905 to €302,051
- Cash +€66,812
up €66,812 (+118%), from €56,518 to €123,330
mainly Net result for the year (+€497,478) and Debts after one year (+€250,101)
- Reserves +€497,478
up €497,478 (+64.5%), from €771,655 to €1.3m
- Debts after one year +€250,101
up €250,101 (+32.1%), from €779,499 to €1.0m
- Current portion of long-term debt -€191,934
down €191,934 (-65.8%), from €291,833 to €99,899
- Financial income +€110,346
up €110,346 (+71.5%), from €154,376 to €264,722
- Gross operating margin +€87,645
up €87,645 (+32.0%), from €274,090 to €361,735
- Taxes +€23,225
up €23,225 (+46.5%), from €49,980 to €73,206
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 | €2,197,157 | €2,789,447 | +€592,290 | +27.0% |
| Fixed assets | 21/28 | €1,914,000 | €2,364,000 | +€450,000 | +23.5% |
| Financial fixed assets | 28 | €1,914,000 | €2,364,000 | +€450,000 | +23.5% |
| Current assets | 29/58 | €283,157 | €425,447 | +€142,290 | +50.3% |
| Amounts receivable within one year | 40/41 | €735 | €66 | -€669 | -91.0% |
| Trade receivables | 40 | - | €66 | +€66 | |
| Other amounts receivable | 41 | €735 | - | -€735 | |
| Current investments | 50/53 | €225,905 | €302,051 | +€76,146 | +33.7% |
| Cash at bank and in hand | 54/58 | €56,518 | €123,330 | +€66,812 | +118% |
| Total equity and liabilities | 10/49 | €2,197,157 | €2,789,447 | +€592,290 | +27.0% |
| Equity | 10/15 | €1,021,655 | €1,519,133 | +€497,478 | +48.7% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €771,655 | €1,269,133 | +€497,478 | +64.5% |
| Distributable reserves | 133 | €771,655 | €1,269,133 | +€497,478 | +64.5% |
| Amounts payable | 17/49 | €1,175,502 | €1,270,314 | +€94,812 | +8.1% |
| Amounts payable after more than one year | 17 | €779,499 | €1,029,600 | +€250,101 | +32.1% |
| Financial debts | 170/4 | €779,499 | €1,029,600 | +€250,101 | +32.1% |
| Amounts payable within one year | 42/48 | €361,023 | €196,703 | -€164,319 | -45.5% |
| Current portion of amounts payable after more than one year | 42 | €291,833 | €99,899 | -€191,934 | -65.8% |
| Trade debts | 44 | €4,235 | €15,795 | +€11,560 | +273% |
| Suppliers | 440/4 | €4,235 | €15,795 | +€11,560 | +273% |
| Taxes, remuneration and social security | 45 | €64,955 | €81,009 | +€16,054 | +24.7% |
| Taxes | 450/3 | €64,955 | €81,009 | +€16,054 | +24.7% |
| Accrued charges and deferred income | 492/3 | €34,980 | €44,010 | +€9,030 | +25.8% |
| Other operating charges | 640/8 | €1,334 | €1,206 | -€128 | -9.6% |
| Gross operating margin | 9900 | €274,090 | €361,735 | +€87,645 | +32.0% |
| Operating profit (loss) | 9901 | €272,756 | €360,528 | +€87,772 | +32.2% |
| Financial income | 75/76B | €154,376 | €264,722 | +€110,346 | +71.5% |
| Recurring financial income | 75 | €154,376 | €264,722 | +€110,346 | +71.5% |
| Financial charges | 65/66B | €57,211 | €54,567 | -€2,644 | -4.6% |
| Recurring financial charges | 65 | €57,211 | €54,567 | -€2,644 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €369,921 | €570,684 | +€200,762 | +54.3% |
| Income taxes | 67/77 | €49,980 | €73,206 | +€23,225 | +46.5% |
| Profit (loss) for the period | 9904 | €319,941 | €497,478 | +€177,537 | +55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €319,941 | €497,478 | +€177,537 | +55.5% |
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 23 October 2026 via checked.be.