J-Tech: what changed
Two fiscal 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-Tech
Largest movements
- Tangible fixed assets +€47,085
up €47,085 (+50.2%), from €93,887 to €140,972
of which Leasing and similar rights: +€56,909
- Receivables within one year +€28,554
up €28,554 (+23.5%), from €121,477 to €150,032
of which Trade receivables: +€102,769
- Cash +€9,019
up €9,019 (+25.3%), from €35,654 to €44,673
mainly Net result for the year (+€88,107) and Debts after one year (+€65,525)
- Debts after one year +€65,525
up €65,525 (+131.6%), from €49,796 to €115,321
- Profit (loss) carried forward -€55,091
no longer reported in 2025 (was €55,091)
- Current portion of long-term debt +€33,280
up €33,280 (+78.6%), from €42,323 to €75,603
- Trade debts +€22,510
up €22,510 (+416.2%), from €5,408 to €27,918
- Tax, wage and social debts +€15,448
up €15,448 (+103.7%), from €14,903 to €30,351
of which Taxes: +€15,840
- Gross operating margin +€53,450
up €53,450 (+54.9%), from €97,300 to €150,751
- Taxes +€10,768
up €10,768 (+110.3%), from €9,766 to €20,534
- Financial charges +€3,118
up €3,118 (+65.8%), from €4,742 to €7,860
- Depreciation +€1,985
up €1,985 (+23.0%), from €8,625 to €10,610
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.
Cash bridge derived
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 | €254,811 | €338,621 | +€83,810 | +32.9% |
| Fixed assets | 21/28 | €93,887 | €140,972 | +€47,085 | +50.2% |
| Tangible fixed assets | 22/27 | €93,887 | €140,972 | +€47,085 | +50.2% |
| Land and buildings | 22 | €6,731 | €5,547 | -€1,183 | -17.6% |
| Plant, machinery and equipment | 23 | €5,164 | €8,765 | +€3,601 | +69.7% |
| Furniture and vehicles | 24 | €81,993 | €69,750 | -€12,242 | -14.9% |
| Leasing and similar rights | 25 | - | €56,909 | +€56,909 | |
| Current assets | 29/58 | €160,924 | €197,649 | +€36,724 | +22.8% |
| Amounts receivable within one year | 40/41 | €121,477 | €150,032 | +€28,554 | +23.5% |
| Trade receivables | 40 | €9,896 | €112,665 | +€102,769 | +1038.5% |
| Other amounts receivable | 41 | €111,581 | €37,367 | -€74,214 | -66.5% |
| Cash at bank and in hand | 54/58 | €35,654 | €44,673 | +€9,019 | +25.3% |
| Deferred charges and accrued income | 490/1 | €3,792 | €2,943 | -€849 | -22.4% |
| Total equity and liabilities | 10/49 | €254,811 | €338,621 | +€83,810 | +32.9% |
| Equity | 10/15 | €142,382 | €79,428 | -€62,954 | -44.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €87,290 | €79,427 | -€7,863 | -9.0% |
| Distributable reserves | 133 | €87,290 | €79,427 | -€7,863 | -9.0% |
| Profit (loss) carried forward | 14 | €55,091 | - | -€55,091 | |
| Amounts payable | 17/49 | €112,429 | €259,193 | +€146,763 | +130.5% |
| Amounts payable after more than one year | 17 | €49,796 | €115,321 | +€65,525 | +131.6% |
| Financial debts | 170/4 | €49,796 | €115,321 | +€65,525 | +131.6% |
| Amounts payable within one year | 42/48 | €62,634 | €143,872 | +€81,238 | +129.7% |
| Current portion of amounts payable after more than one year | 42 | €42,323 | €75,603 | +€33,280 | +78.6% |
| Trade debts | 44 | €5,408 | €27,918 | +€22,510 | +416.2% |
| Suppliers | 440/4 | €5,408 | €27,918 | +€22,510 | +416.2% |
| Taxes, remuneration and social security | 45 | €14,903 | €30,351 | +€15,448 | +103.7% |
| Taxes | 450/3 | €13,625 | €29,465 | +€15,840 | +116.3% |
| Remuneration and social security | 454/9 | €1,278 | €886 | -€392 | -30.7% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Non-recurring operating income | 76A | - | €12,000 | +€12,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,625 | €10,610 | +€1,985 | +23.0% |
| Other operating charges | 640/8 | €2,827 | €1,408 | -€1,419 | -50.2% |
| Non-recurring operating charges | 66A | €35,287 | €22,231 | -€13,056 | -37.0% |
| Gross operating margin | 9900 | €97,300 | €150,751 | +€53,450 | +54.9% |
| Operating profit (loss) | 9901 | €50,561 | €116,501 | +€65,940 | +130.4% |
| Financial charges | 65/66B | €4,742 | €7,860 | +€3,118 | +65.8% |
| Recurring financial charges | 65 | €4,742 | €7,860 | +€3,118 | +65.8% |
| Profit (loss) for the period before taxes | 9903 | €45,819 | €108,641 | +€62,822 | +137.1% |
| Income taxes | 67/77 | €9,766 | €20,534 | +€10,768 | +110.3% |
| Profit (loss) for the period | 9904 | €36,054 | €88,107 | +€52,054 | +144.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,054 | €88,107 | +€52,054 | +144.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.