JATC: 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.
JATC
Largest movements
- Cash +€16,416
up €16,416 (+135%), from €12,175 to €28,591
mainly Net result for the year (+€46,357) and Tax, wage and social debts (+€14,383)
- Receivables within one year -€11,788
down €11,788 (-28.5%), from €41,384 to €29,596
of which Trade receivables: -€10,452
- Current investments +€6,000
up €6,000 (+37.5%), from €16,000 to €22,000
- Tangible fixed assets -€4,195
down €4,195 (-22.5%), from €18,653 to €14,458
- Intangible fixed assets +€1,633
new in 2025: €1,633
- Tax, wage and social debts +€14,383
up €14,383 (+109%), from €13,256 to €27,639
- Reserves -€6,643
down €6,643 (-9.8%), from €68,024 to €61,381
- Gross operating margin -€12,131
down €12,131 (-14.9%), from €81,297 to €69,167
- Taxes -€1,285
down €1,285 (-8.0%), from €16,152 to €14,867
- Other operating charges -€919
down €919 (-62.8%), from €1,462 to €543
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 | €91,179 | €99,007 | +€7,828 | +8.6% |
| Fixed assets | 21/28 | €18,653 | €16,092 | -€2,562 | -13.7% |
| Intangible fixed assets | 21 | - | €1,633 | +€1,633 | |
| Tangible fixed assets | 22/27 | €18,653 | €14,458 | -€4,195 | -22.5% |
| Plant, machinery and equipment | 23 | €8,353 | €6,666 | -€1,687 | -20.2% |
| Furniture and vehicles | 24 | €6,648 | €4,788 | -€1,860 | -28.0% |
| Other tangible fixed assets | 26 | €3,653 | €3,004 | -€649 | -17.8% |
| Current assets | 29/58 | €72,526 | €82,916 | +€10,390 | +14.3% |
| Amounts receivable within one year | 40/41 | €41,384 | €29,596 | -€11,788 | -28.5% |
| Trade receivables | 40 | €39,939 | €29,487 | -€10,452 | -26.2% |
| Other amounts receivable | 41 | €1,445 | €109 | -€1,335 | -92.4% |
| Current investments | 50/53 | €16,000 | €22,000 | +€6,000 | +37.5% |
| Cash at bank and in hand | 54/58 | €12,175 | €28,591 | +€16,416 | +135% |
| Deferred charges and accrued income | 490/1 | €2,967 | €2,728 | -€239 | -8.0% |
| Total equity and liabilities | 10/49 | €91,179 | €99,007 | +€7,828 | +8.6% |
| Equity | 10/15 | €73,024 | €66,381 | -€6,643 | -9.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €68,024 | €61,381 | -€6,643 | -9.8% |
| Distributable reserves | 133 | €68,024 | €61,381 | -€6,643 | -9.8% |
| Amounts payable | 17/49 | €18,155 | €32,626 | +€14,471 | +79.7% |
| Amounts payable within one year | 42/48 | €18,155 | €32,626 | +€14,471 | +79.7% |
| Trade debts | 44 | €877 | €324 | -€553 | -63.0% |
| Suppliers | 440/4 | €877 | €324 | -€553 | -63.0% |
| Taxes, remuneration and social security | 45 | €13,256 | €27,639 | +€14,383 | +109% |
| Taxes | 450/3 | €13,256 | €27,639 | +€14,383 | +109% |
| Other amounts payable | 47/48 | €4,022 | €4,663 | +€641 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,151 | €5,412 | +€260 | +5.1% |
| Other operating charges | 640/8 | €1,462 | €543 | -€919 | -62.8% |
| Gross operating margin | 9900 | €81,297 | €69,167 | -€12,131 | -14.9% |
| Operating profit (loss) | 9901 | €74,684 | €63,211 | -€11,472 | -15.4% |
| Financial income | 75/76B | €16 | €5 | -€11 | -68.1% |
| Recurring financial income | 75 | €16 | €5 | -€11 | -68.1% |
| Financial charges | 65/66B | €2,509 | €1,992 | -€517 | -20.6% |
| Recurring financial charges | 65 | €2,509 | €1,992 | -€517 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €72,191 | €61,224 | -€10,967 | -15.2% |
| Income taxes | 67/77 | €16,152 | €14,867 | -€1,285 | -8.0% |
| Profit (loss) for the period | 9904 | €56,039 | €46,357 | -€9,682 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,039 | €46,357 | -€9,682 | -17.3% |
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 22 October 2026 via checked.be.