JATIN: 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.
JATIN
Largest movements
- Stocks and contracts -€1.9m
no longer reported in 2025 (was €1.9m)
- Receivables within one year +€355,508
up €355,508 (+117.5%), from €302,673 to €658,182
of which Trade receivables: +€633,158
- Cash -€24,632
down €24,632 (-34.0%), from €72,524 to €47,892
mainly Trade debts (-€1.3m) and Receivables within one year (-€355,508)
- Trade debts -€1.3m
down €1.3m (-66.0%), from €1.9m to €663,287
- Profit (loss) carried forward -€180,112
down €180,112 (-53.0%), from -€339,713 to -€519,825
- Other debts -€77,574
down €77,574 (-12.6%), from €615,458 to €537,884
- Financial charges -€152,231
down €152,231 (-99.9%), from €152,400 to €169
- Gross operating margin +€118,990
up €118,990 (+43.2%), from -€275,645 to -€156,656
- Financial income -€61,106
down €61,106 (-98.7%), from €61,928 to €822
- Write-downs -€31,685
new in 2025: -€31,685
- Other operating charges +€27,640
up €27,640 (+130.4%), from €21,189 to €48,829
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 | €2,250,085 | €706,914 | -€1.5m | -68.6% |
| Fixed assets | 21/28 | €2,479 | - | -€2,479 | |
| Financial fixed assets | 28 | €2,479 | - | -€2,479 | |
| Current assets | 29/58 | €2,247,606 | €706,914 | -€1.5m | -68.5% |
| Stocks and contracts in progress | 3 | €1,872,409 | - | -€1.9m | |
| Stocks | 30/36 | €1,872,409 | - | -€1.9m | |
| Amounts receivable within one year | 40/41 | €302,673 | €658,182 | +€355,508 | +117.5% |
| Trade receivables | 40 | €24,391 | €657,550 | +€633,158 | +2595.8% |
| Other amounts receivable | 41 | €278,282 | €632 | -€277,650 | -99.8% |
| Cash at bank and in hand | 54/58 | €72,524 | €47,892 | -€24,632 | -34.0% |
| Deferred charges and accrued income | 490/1 | - | €840 | +€840 | |
| Total equity and liabilities | 10/49 | €2,250,085 | €706,914 | -€1.5m | -68.6% |
| Equity | 10/15 | -€319,253 | -€499,365 | -€180,112 | -56.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€339,713 | -€519,825 | -€180,112 | -53.0% |
| Amounts payable | 17/49 | €2,569,338 | €1,206,279 | -€1.4m | -53.1% |
| Amounts payable within one year | 42/48 | €2,569,338 | €1,206,279 | -€1.4m | -53.1% |
| Trade debts | 44 | €1,949,501 | €663,287 | -€1.3m | -66.0% |
| Suppliers | 440/4 | €1,949,501 | €663,287 | -€1.3m | -66.0% |
| Taxes, remuneration and social security | 45 | €4,379 | €5,108 | +€730 | +16.7% |
| Taxes | 450/3 | €4,379 | €5,108 | +€730 | +16.7% |
| Other amounts payable | 47/48 | €615,458 | €537,884 | -€77,574 | -12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€31,685 | -€31,685 | |
| Other operating charges | 640/8 | €21,189 | €48,829 | +€27,640 | +130.4% |
| Non-recurring operating charges | 66A | - | €2,479 | +€2,479 | |
| Gross operating margin | 9900 | -€275,645 | -€156,656 | +€118,990 | +43.2% |
| Operating profit (loss) | 9901 | -€296,834 | -€176,278 | +€120,556 | +40.6% |
| Financial income | 75/76B | €61,928 | €822 | -€61,106 | -98.7% |
| Recurring financial income | 75 | €61,928 | €822 | -€61,106 | -98.7% |
| Financial charges | 65/66B | €152,400 | €169 | -€152,231 | -99.9% |
| Recurring financial charges | 65 | €152,400 | €169 | -€152,231 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | -€387,306 | -€175,626 | +€211,681 | +54.7% |
| Income taxes | 67/77 | €3,913 | €4,487 | +€574 | +14.7% |
| Profit (loss) for the period | 9904 | -€391,219 | -€180,112 | +€211,107 | +54.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€391,219 | -€180,112 | +€211,107 | +54.0% |
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 5 October 2026 via checked.be.