J TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year -€106,719
down €106,719 (-84.3%), from €126,620 to €19,901
of which Trade receivables: -€108,089
- Stocks and contracts +€77,750
up €77,750 (+28.0%), from €277,250 to €355,000
of which Stocks: +€49,250
- Cash -€15,788
down €15,788 (-32.1%), from €49,233 to €33,445
mainly Stocks and contracts (-€77,750) and Trade debts (-€61,339)
- Tangible fixed assets -€11,026
down €11,026 (-10.6%), from €103,685 to €92,658
of which Plant, machinery and equipment: -€7,510
- Trade debts -€61,339
down €61,339 (-58.9%), from €104,072 to €42,733
- Gross operating margin -€34,241
down €34,241 (-16.5%), from €207,630 to €173,389
- Staff costs -€24,135
down €24,135 (-14.4%), from €167,335 to €143,199
- Financial charges -€8,161
down €8,161 (-96.5%), from €8,459 to €298
- Depreciation +€4,108
up €4,108 (+23.3%), from €17,646 to €21,754
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 | €633,449 | €577,754 | -€55,695 | -8.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €169,627 | €158,600 | -€11,026 | -6.5% |
| Intangible fixed assets | 21 | €65,942 | €65,942 | = | 0.0% |
| Tangible fixed assets | 22/27 | €103,685 | €92,658 | -€11,026 | -10.6% |
| Land and buildings | 22 | €63,297 | €60,952 | -€2,344 | -3.7% |
| Plant, machinery and equipment | 23 | €22,667 | €15,157 | -€7,510 | -33.1% |
| Furniture and vehicles | 24 | €11,264 | €13,165 | +€1,901 | +16.9% |
| Other tangible fixed assets | 26 | €6,457 | €3,384 | -€3,073 | -47.6% |
| Current assets | 29/58 | €463,822 | €419,154 | -€44,668 | -9.6% |
| Stocks and contracts in progress | 3 | €277,250 | €355,000 | +€77,750 | +28.0% |
| Stocks | 30/36 | €125,750 | €175,000 | +€49,250 | +39.2% |
| Contracts in progress | 37 | €151,500 | €180,000 | +€28,500 | +18.8% |
| Amounts receivable within one year | 40/41 | €126,620 | €19,901 | -€106,719 | -84.3% |
| Trade receivables | 40 | €122,510 | €14,421 | -€108,089 | -88.2% |
| Other amounts receivable | 41 | €4,111 | €5,481 | +€1,370 | +33.3% |
| Current investments | 50/53 | €4,504 | €4,504 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,233 | €33,445 | -€15,788 | -32.1% |
| Deferred charges and accrued income | 490/1 | €6,215 | €6,304 | +€89 | +1.4% |
| Total equity and liabilities | 10/49 | €633,449 | €577,754 | -€55,695 | -8.8% |
| Equity | 10/15 | €148,447 | €152,199 | +€3,752 | +2.5% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,947 | €113,699 | +€3,752 | +3.4% |
| Amounts payable | 17/49 | €485,001 | €425,555 | -€59,446 | -12.3% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €385,001 | €325,555 | -€59,446 | -15.4% |
| Trade debts | 44 | €104,072 | €42,733 | -€61,339 | -58.9% |
| Suppliers | 440/4 | €104,072 | €42,733 | -€61,339 | -58.9% |
| Taxes, remuneration and social security | 45 | €205,812 | €206,818 | +€1,005 | +0.5% |
| Taxes | 450/3 | €12,356 | €6,294 | -€6,061 | -49.1% |
| Remuneration and social security | 454/9 | €193,457 | €200,524 | +€7,067 | +3.7% |
| Other amounts payable | 47/48 | €75,117 | €76,004 | +€888 | +1.2% |
| Remuneration, social security and pensions | 62 | €167,335 | €143,199 | -€24,135 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,646 | €21,754 | +€4,108 | +23.3% |
| Other operating charges | 640/8 | €1,912 | €1,954 | +€41 | +2.2% |
| Gross operating margin | 9900 | €207,630 | €173,389 | -€34,241 | -16.5% |
| Operating profit (loss) | 9901 | €20,736 | €6,482 | -€14,255 | -68.7% |
| Financial income | 75/76B | €590 | €44 | -€546 | -92.5% |
| Recurring financial income | 75 | €590 | €44 | -€546 | -92.5% |
| Financial charges | 65/66B | €8,459 | €298 | -€8,161 | -96.5% |
| Recurring financial charges | 65 | €8,459 | €298 | -€8,161 | -96.5% |
| Profit (loss) for the period before taxes | 9903 | €12,867 | €6,228 | -€6,639 | -51.6% |
| Income taxes | 67/77 | €4,367 | €2,476 | -€1,891 | -43.3% |
| Profit (loss) for the period | 9904 | €8,500 | €3,752 | -€4,748 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,500 | €3,752 | -€4,748 | -55.9% |
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.