J T SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets +€88,328
up €88,328 (+97.3%), from €90,758 to €179,085
of which Furniture and vehicles: +€78,564
- Cash +€44,990
up €44,990 (+83.8%), from €53,693 to €98,683
mainly Debts after one year (+€67,293) and Net result for the year (+€50,204)
- Receivables within one year -€14,648
down €14,648 (-20.5%), from €71,543 to €56,895
of which Other amounts receivable: -€17,466
- Debts after one year +€67,293
new in 2025: €67,293
- Reserves +€32,000
up €32,000 (+45.7%), from €70,000 to €102,000
- Tax, wage and social debts +€17,919
up €17,919 (+193%), from €9,275 to €27,194
- Current portion of long-term debt +€13,278
up €13,278 (+433%), from €3,066 to €16,344
- Other debts -€13,234
down €13,234 (-43.5%), from €30,400 to €17,166
- Gross operating margin +€46,213
up €46,213 (+97.1%), from €47,584 to €93,797
- Taxes +€12,083
up €12,083 (+90.1%), from €13,407 to €25,490
- Depreciation +€4,413
up €4,413 (+39.5%), from €11,165 to €15,578
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 | €216,621 | €335,816 | +€119,195 | +55.0% |
| Fixed assets | 21/28 | €90,758 | €179,085 | +€88,328 | +97.3% |
| Tangible fixed assets | 22/27 | €90,758 | €179,085 | +€88,328 | +97.3% |
| Land and buildings | 22 | €70,575 | €65,043 | -€5,532 | -7.8% |
| Plant, machinery and equipment | 23 | €11,854 | €27,591 | +€15,737 | +133% |
| Furniture and vehicles | 24 | €6,901 | €85,466 | +€78,564 | +1,138% |
| Other tangible fixed assets | 26 | €1,428 | €986 | -€442 | -30.9% |
| Current assets | 29/58 | €125,863 | €156,731 | +€30,868 | +24.5% |
| Stocks and contracts in progress | 3 | €147 | €104 | -€44 | -29.6% |
| Stocks | 30/36 | €147 | €104 | -€44 | -29.6% |
| Amounts receivable within one year | 40/41 | €71,543 | €56,895 | -€14,648 | -20.5% |
| Trade receivables | 40 | €13,949 | €16,767 | +€2,818 | +20.2% |
| Other amounts receivable | 41 | €57,593 | €40,128 | -€17,466 | -30.3% |
| Cash at bank and in hand | 54/58 | €53,693 | €98,683 | +€44,990 | +83.8% |
| Deferred charges and accrued income | 490/1 | €480 | €1,050 | +€570 | +119% |
| Total equity and liabilities | 10/49 | €216,621 | €335,816 | +€119,195 | +55.0% |
| Equity | 10/15 | €165,245 | €197,448 | +€32,204 | +19.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €70,000 | €102,000 | +€32,000 | +45.7% |
| Distributable reserves | 133 | €70,000 | €102,000 | +€32,000 | +45.7% |
| Profit (loss) carried forward | 14 | €75,245 | €75,448 | +€204 | +0.3% |
| Amounts payable | 17/49 | €51,376 | €138,368 | +€86,992 | +169% |
| Amounts payable after more than one year | 17 | - | €67,293 | +€67,293 | |
| Financial debts | 170/4 | - | €67,293 | +€67,293 | |
| Amounts payable within one year | 42/48 | €51,376 | €71,075 | +€19,699 | +38.3% |
| Current portion of amounts payable after more than one year | 42 | €3,066 | €16,344 | +€13,278 | +433% |
| Trade debts | 44 | €8,636 | €10,371 | +€1,735 | +20.1% |
| Suppliers | 440/4 | €8,636 | €10,371 | +€1,735 | +20.1% |
| Taxes, remuneration and social security | 45 | €9,275 | €27,194 | +€17,919 | +193% |
| Taxes | 450/3 | €9,275 | €27,194 | +€17,919 | +193% |
| Other amounts payable | 47/48 | €30,400 | €17,166 | -€13,234 | -43.5% |
| Non-recurring operating income | 76A | - | €15,418 | +€15,418 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,165 | €15,578 | +€4,413 | +39.5% |
| Other operating charges | 640/8 | €1,552 | €1,509 | -€43 | -2.8% |
| Gross operating margin | 9900 | €47,584 | €93,797 | +€46,213 | +97.1% |
| Operating profit (loss) | 9901 | €34,867 | €76,710 | +€41,843 | +120% |
| Financial income | 75/76B | €0 | €0 | +€0 | +450% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +450% |
| Financial charges | 65/66B | €505 | €1,017 | +€512 | +101% |
| Recurring financial charges | 65 | €505 | €1,017 | +€512 | +101% |
| Profit (loss) for the period before taxes | 9903 | €34,363 | €75,694 | +€41,331 | +120% |
| Income taxes | 67/77 | €13,407 | €25,490 | +€12,083 | +90.1% |
| Profit (loss) for the period | 9904 | €20,956 | €50,204 | +€29,248 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €20,956 | €50,204 | +€29,248 | +140% |
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 20 October 2026 via checked.be.