J.T. SOINS: 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. SOINS
Largest movements
- Tangible fixed assets +€46,740
up €46,740 (+2,288%), from €2,043 to €48,783
- Intangible fixed assets -€9,000
down €9,000 (-13.5%), from €66,773 to €57,773
- Cash -€4,986
down €4,986 (-31.2%), from €15,969 to €10,982
mainly Investment in fixed assets (net) (-€57,922) and Net result for the year (-€3,564)
- Receivables within one year -€4,671
down €4,671 (-67.4%), from €6,930 to €2,259
- Debts after one year +€25,788
new in 2025: €25,788
- Current portion of long-term debt +€11,295
new in 2025: €11,295
- Profit (loss) carried forward -€3,564
down €3,564 (-5.0%), from €71,494 to €67,931
- Trade debts -€3,533
down €3,533 (-95.2%), from €3,710 to €177
- Tax, wage and social debts -€3,291
down €3,291 (-57.2%), from €5,750 to €2,459
of which Taxes: -€1,791
- Depreciation +€10,017
up €10,017 (+98.5%), from €10,166 to €20,183
- Gross operating margin +€6,387
up €6,387 (+51.7%), from €12,359 to €18,746
- Financial charges +€1,118
up €1,118 (+371%), from €301 to €1,419
- Taxes -€550
down €550 (-81.5%), from €675 to €125
- Other operating charges +€404
up €404 (+224%), from €180 to €584
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 | €92,410 | €120,174 | +€27,764 | +30.0% |
| Fixed assets | 21/28 | €68,816 | €106,555 | +€37,740 | +54.8% |
| Intangible fixed assets | 21 | €66,773 | €57,773 | -€9,000 | -13.5% |
| Tangible fixed assets | 22/27 | €2,043 | €48,783 | +€46,740 | +2,288% |
| Furniture and vehicles | 24 | €2,043 | €48,783 | +€46,740 | +2,288% |
| Current assets | 29/58 | €23,594 | €13,619 | -€9,975 | -42.3% |
| Amounts receivable within one year | 40/41 | €6,930 | €2,259 | -€4,671 | -67.4% |
| Trade receivables | 40 | €6,930 | €2,259 | -€4,671 | -67.4% |
| Cash at bank and in hand | 54/58 | €15,969 | €10,982 | -€4,986 | -31.2% |
| Deferred charges and accrued income | 490/1 | €695 | €378 | -€318 | -45.7% |
| Total equity and liabilities | 10/49 | €92,410 | €120,174 | +€27,764 | +30.0% |
| Equity | 10/15 | €74,494 | €70,931 | -€3,564 | -4.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,494 | €67,931 | -€3,564 | -5.0% |
| Amounts payable | 17/49 | €17,916 | €49,243 | +€31,328 | +175% |
| Amounts payable after more than one year | 17 | - | €25,788 | +€25,788 | |
| Financial debts | 170/4 | - | €25,788 | +€25,788 | |
| Amounts payable within one year | 42/48 | €17,916 | €23,456 | +€5,540 | +30.9% |
| Current portion of amounts payable after more than one year | 42 | - | €11,295 | +€11,295 | |
| Trade debts | 44 | €3,710 | €177 | -€3,533 | -95.2% |
| Suppliers | 440/4 | €3,710 | €177 | -€3,533 | -95.2% |
| Taxes, remuneration and social security | 45 | €5,750 | €2,459 | -€3,291 | -57.2% |
| Taxes | 450/3 | €2,250 | €459 | -€1,791 | -79.6% |
| Remuneration and social security | 454/9 | €3,500 | €2,000 | -€1,500 | -42.9% |
| Other amounts payable | 47/48 | €8,456 | €9,525 | +€1,069 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,166 | €20,183 | +€10,017 | +98.5% |
| Other operating charges | 640/8 | €180 | €584 | +€404 | +224% |
| Gross operating margin | 9900 | €12,359 | €18,746 | +€6,387 | +51.7% |
| Operating profit (loss) | 9901 | €2,013 | -€2,020 | -€4,033 | |
| Financial charges | 65/66B | €301 | €1,419 | +€1,118 | +371% |
| Recurring financial charges | 65 | €301 | €1,419 | +€1,118 | +371% |
| Profit (loss) for the period before taxes | 9903 | €1,712 | -€3,439 | -€5,151 | |
| Income taxes | 67/77 | €675 | €125 | -€550 | -81.5% |
| Profit (loss) for the period | 9904 | €1,037 | -€3,564 | -€4,601 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,037 | -€3,564 | -€4,601 |
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 1 November 2026 via checked.be.