J-Tec Material Handling: 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.
What changed
J-Tec Material Handling
NACE 25.110, Manufacture of metal structures and parts of structures
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €139,751+€905,598
Equity
-€1.9m
2024 · -€2.9m+€1.0m
Cash
-
not filed
Balance sheet total
€7.3m
2024 · €25.3m-€18.0m
Largest movements
Assets
- Stocks and contracts -€11.5m
down €11.5m (-81.0%), from €14.2m to €2.7m
- Receivables within one year -€6.6m
down €6.6m (-61.1%), from €10.8m to €4.2m
of which Trade receivables: -€5.2m
Equity and liabilities
- Advances received -€19.3m
down €19.3m (-76.0%), from €25.4m to €6.1m
- Profit (loss) carried forward +€1.0m
up €1.0m (+35.2%), from -€3.0m to -€1.9m
Income statement
- Turnover +€16.6m
up €16.6m (+205%), from €8.1m to €24.8m
- Goods and materials -€2.7m
down €2.7m (-24.9%), from €10.9m to €8.2m
- Other operating income +€1.2m
up €1.2m (+38.8%), from €3.1m to €4.3m
- Services and other goods +€1.2m
up €1.2m (+29.9%), from €3.9m to €5.0m
- Staff costs +€497,564
up €497,564 (+18.2%), from €2.7m to €3.2m
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.
Result 2024
€139,751
Turnover
+€16.6m
Other operating income
+€1.2m
Goods and materials
+€2.7m
Services and other goods
-€1.2m
Staff costs
-€497,564
Depreciation
-€22,666
Other operating charges
-€4,620
Other operating items
-€17.7m
Financial income
-€252,668
Financial charges
-€1,435
Taxes
-€21,062
Result 2025
€1.0m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,261,102 | €7,261,088 | -€18.0m | -71.3% |
| Fixed assets | 21/28 | €253,443 | €358,059 | +€104,616 | +41.3% |
| Tangible fixed assets | 22/27 | €253,443 | €358,059 | +€104,616 | +41.3% |
| Furniture and vehicles | 24 | €253,443 | €358,059 | +€104,616 | +41.3% |
| Current assets | 29/58 | €25,007,659 | €6,903,029 | -€18.1m | -72.4% |
| Stocks and contracts in progress | 3 | €14,213,937 | €2,707,559 | -€11.5m | -81.0% |
| Contracts in progress | 37 | €14,213,937 | €2,707,559 | -€11.5m | -81.0% |
| Amounts receivable within one year | 40/41 | €10,783,371 | €4,190,526 | -€6.6m | -61.1% |
| Trade receivables | 40 | €6,178,078 | €971,221 | -€5.2m | -84.3% |
| Other amounts receivable | 41 | €4,605,293 | €3,219,305 | -€1.4m | -30.1% |
| Deferred charges and accrued income | 490/1 | €10,351 | €4,944 | -€5,407 | -52.2% |
| Total equity and liabilities | 10/49 | €25,261,102 | €7,261,088 | -€18.0m | -71.3% |
| Equity | 10/15 | -€2,907,640 | -€1,862,291 | +€1.0m | +36.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,969,140 | -€1,923,791 | +€1.0m | +35.2% |
| Amounts payable | 17/49 | €28,168,742 | €9,123,379 | -€19.0m | -67.6% |
| Amounts payable within one year | 42/48 | €28,127,342 | €9,123,379 | -€19.0m | -67.6% |
| Trade debts | 44 | €2,166,829 | €2,367,362 | +€200,533 | +9.3% |
| Suppliers | 440/4 | €2,166,829 | €2,367,362 | +€200,533 | +9.3% |
| Advances received on contracts in progress | 46 | €25,400,561 | €6,088,389 | -€19.3m | -76.0% |
| Taxes, remuneration and social security | 45 | €559,953 | €667,627 | +€107,675 | +19.2% |
| Taxes | 450/3 | €91,768 | €120,828 | +€29,060 | +31.7% |
| Remuneration and social security | 454/9 | €468,184 | €546,800 | +€78,615 | +16.8% |
| Accrued charges and deferred income | 492/3 | €41,400 | - | -€41,400 | |
| Operating income | 70/76A | €17,373,593 | €17,525,407 | +€151,815 | +0.9% |
| Turnover | 70 | €8,120,607 | €24,766,314 | +€16.6m | +205% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €6,179,562 | -€11,506,378 | -€17.7m | |
| Other operating income | 74 | €3,073,424 | €4,265,471 | +€1.2m | +38.8% |
| Operating charges | 60/66A | €17,578,369 | €16,549,420 | -€1.0m | -5.9% |
| Goods for resale, raw materials and consumables | 60 | €10,873,081 | €8,164,425 | -€2.7m | -24.9% |
| Purchases | 600/8 | €10,873,081 | €8,164,425 | -€2.7m | -24.9% |
| Services and other goods | 61 | €3,862,951 | €5,017,808 | +€1.2m | +29.9% |
| Remuneration, social security and pensions | 62 | €2,728,630 | €3,226,194 | +€497,564 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,139 | €115,805 | +€22,666 | +24.3% |
| Other operating charges | 640/8 | €20,567 | €25,188 | +€4,620 | +22.5% |
| Operating profit (loss) | 9901 | -€204,776 | €975,987 | +€1.2m | |
| Financial income | 75/76B | €351,304 | €98,636 | -€252,668 | -71.9% |
| Recurring financial income | 75 | €351,304 | €98,636 | -€252,668 | -71.9% |
| Income from current assets | 751 | €351,304 | €98,636 | -€252,668 | -71.9% |
| Other financial income | 752/9 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €361 | €1,796 | +€1,435 | +398% |
| Recurring financial charges | 65 | €361 | €1,796 | +€1,435 | +398% |
| Other financial charges | 652/9 | €361 | €1,796 | +€1,435 | +398% |
| Profit (loss) for the period before taxes | 9903 | €146,168 | €1,072,827 | +€926,660 | +634% |
| Income taxes | 67/77 | €6,416 | €27,478 | +€21,062 | +328% |
| Taxes | 670/3 | €6,500 | €27,478 | +€20,978 | +323% |
| Tax adjustments and reversals of tax provisions | 77 | €84 | - | -€84 | |
| Profit (loss) for the period | 9904 | €139,751 | €1,045,349 | +€905,598 | +648% |
| Profit (loss) for the period to be appropriated | 9905 | €139,751 | €1,045,349 | +€905,598 | +648% |
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 24 October 2026 via checked.be.