J2M-TEC: what changed
J2M-TEC
Largest movements
- Cash +€187,479
up €187,479 (+842%), from €22,270 to €209,748
mainly Net result for the year (+€259,223) and Tax, wage and social debts (+€52,692)
- Tangible fixed assets +€78,555
up €78,555 (+2,361%), from €3,328 to €81,883
of which Furniture and vehicles: +€77,163
- Receivables within one year -€34,438
down €34,438 (-21.3%), from €162,041 to €127,602
of which Other amounts receivable: -€46,740
- Reserves +€159,223
up €159,223 (+301%), from €52,844 to €212,067
- Tax, wage and social debts +€52,692
up €52,692 (+773%), from €6,817 to €59,509
of which Taxes: +€51,935
- Debts after one year +€39,852
new in 2025: €39,852
- Other debts -€30,000
down €30,000 (-23.1%), from €130,000 to €100,000
- Current portion of long-term debt +€9,380
new in 2025: €9,380
- Gross operating margin +€238,913
up €238,913 (+224%), from €106,756 to €345,669
- Taxes +€62,984
up €62,984 (+291%), from €21,642 to €84,626
- Depreciation -€6,774
down €6,774 (-54.6%), from €12,396 to €5,622
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,344 | €431,393 | +€234,049 | +119% |
| Fixed assets | 21/28 | €3,573 | €81,988 | +€78,415 | +2,195% |
| Intangible fixed assets | 21 | €140 | - | -€140 | |
| Tangible fixed assets | 22/27 | €3,328 | €81,883 | +€78,555 | +2,361% |
| Plant, machinery and equipment | 23 | €693 | €2,086 | +€1,392 | +201% |
| Furniture and vehicles | 24 | €2,634 | €79,797 | +€77,163 | +2,929% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €193,771 | €349,405 | +€155,634 | +80.3% |
| Amounts receivable within one year | 40/41 | €162,041 | €127,602 | -€34,438 | -21.3% |
| Trade receivables | 40 | €53,632 | €65,934 | +€12,302 | +22.9% |
| Other amounts receivable | 41 | €108,409 | €61,669 | -€46,740 | -43.1% |
| Cash at bank and in hand | 54/58 | €22,270 | €209,748 | +€187,479 | +842% |
| Deferred charges and accrued income | 490/1 | €9,460 | €12,054 | +€2,594 | +27.4% |
| Total equity and liabilities | 10/49 | €197,344 | €431,393 | +€234,049 | +119% |
| Equity | 10/15 | €55,344 | €214,567 | +€159,223 | +288% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €52,844 | €212,067 | +€159,223 | +301% |
| Distributable reserves | 133 | €52,844 | €212,067 | +€159,223 | +301% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €142,000 | €216,826 | +€74,826 | +52.7% |
| Amounts payable after more than one year | 17 | - | €39,852 | +€39,852 | |
| Financial debts | 170/4 | - | €39,852 | +€39,852 | |
| Amounts payable within one year | 42/48 | €142,000 | €176,330 | +€34,330 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | - | €9,380 | +€9,380 | |
| Trade debts | 44 | €5,182 | €7,440 | +€2,257 | +43.6% |
| Suppliers | 440/4 | €5,182 | €7,440 | +€2,257 | +43.6% |
| Taxes, remuneration and social security | 45 | €6,817 | €59,509 | +€52,692 | +773% |
| Taxes | 450/3 | €4,333 | €56,267 | +€51,935 | +1,199% |
| Remuneration and social security | 454/9 | €2,484 | €3,242 | +€758 | +30.5% |
| Other amounts payable | 47/48 | €130,000 | €100,000 | -€30,000 | -23.1% |
| Accrued charges and deferred income | 492/3 | - | €645 | +€645 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,396 | €5,622 | -€6,774 | -54.6% |
| Other operating charges | 640/8 | €2,065 | €984 | -€1,081 | -52.4% |
| Gross operating margin | 9900 | €106,756 | €345,669 | +€238,913 | +224% |
| Operating profit (loss) | 9901 | €92,295 | €339,063 | +€246,768 | +267% |
| Financial income | 75/76B | €5,039 | €5,487 | +€448 | +8.9% |
| Recurring financial income | 75 | €5,039 | €5,487 | +€448 | +8.9% |
| Financial charges | 65/66B | €556 | €702 | +€146 | +26.2% |
| Recurring financial charges | 65 | €556 | €702 | +€146 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €96,778 | €343,849 | +€247,070 | +255% |
| Income taxes | 67/77 | €21,642 | €84,626 | +€62,984 | +291% |
| Profit (loss) for the period | 9904 | €75,136 | €259,223 | +€184,086 | +245% |
| Profit (loss) for the period to be appropriated | 9905 | €75,136 | €259,223 | +€184,086 | +245% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.