JATT: 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.
JATT
Largest movements
- Receivables within one year -€150,347
down €150,347 (-87.3%), from €172,252 to €21,906
of which Trade receivables: -€139,925
- Cash -€61,512
down €61,512 (-63.9%), from €96,315 to €34,802
mainly Trade debts (-€225,837) and Debts after one year (-€18,631)
- Stocks and contracts -€8,611
down €8,611 (-6.4%), from €134,260 to €125,649
- Trade debts -€225,837
down €225,837 (-62.5%), from €361,588 to €135,751
- Debts after one year -€18,631
down €18,631 (-16.6%), from €112,500 to €93,869
- Profit (loss) carried forward +€16,695
up €16,695 (+17.2%), from -€96,952 to -€80,258
- Tax, wage and social debts +€5,759
up €5,759 (+38.7%), from €14,873 to €20,632
of which Taxes: +€10,350
- Turnover +€197,216
up €197,216 (+33.5%), from €588,999 to €786,216
- Gross operating margin +€102,167
up €102,167, from -€69,533 to €32,634
- Purchases and services +€101,738
up €101,738 (+15.3%), from €665,154 to €766,892
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 | €416,259 | €194,246 | -€222,013 | -53.3% |
| Fixed assets | 21/28 | €12,882 | €10,846 | -€2,036 | -15.8% |
| Tangible fixed assets | 22/27 | €2,382 | €346 | -€2,036 | -85.5% |
| Plant, machinery and equipment | 23 | €652 | €346 | -€305 | -46.9% |
| Furniture and vehicles | 24 | €1,730 | - | -€1,730 | |
| Financial fixed assets | 28 | €10,500 | €10,500 | = | 0.0% |
| Current assets | 29/58 | €403,377 | €183,399 | -€219,977 | -54.5% |
| Stocks and contracts in progress | 3 | €134,260 | €125,649 | -€8,611 | -6.4% |
| Stocks | 30/36 | €134,260 | €125,649 | -€8,611 | -6.4% |
| Amounts receivable within one year | 40/41 | €172,252 | €21,906 | -€150,347 | -87.3% |
| Trade receivables | 40 | €161,830 | €21,906 | -€139,925 | -86.5% |
| Other amounts receivable | 41 | €10,422 | - | -€10,422 | |
| Cash at bank and in hand | 54/58 | €96,315 | €34,802 | -€61,512 | -63.9% |
| Deferred charges and accrued income | 490/1 | €549 | €1,042 | +€493 | +89.8% |
| Total equity and liabilities | 10/49 | €416,259 | €194,246 | -€222,013 | -53.3% |
| Equity | 10/15 | -€72,771 | -€56,076 | +€16,695 | +22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,582 | €5,582 | = | 0.0% |
| Non-distributable reserves | 130/1 | €571 | €571 | = | 0.0% |
| Reserves not available under the articles | 1311 | €571 | €571 | = | 0.0% |
| Distributable reserves | 133 | €5,011 | €5,011 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,952 | -€80,258 | +€16,695 | +17.2% |
| Amounts payable | 17/49 | €489,030 | €250,321 | -€238,708 | -48.8% |
| Amounts payable after more than one year | 17 | €112,500 | €93,869 | -€18,631 | -16.6% |
| Other amounts payable | 178/9 | €112,500 | €93,869 | -€18,631 | -16.6% |
| Amounts payable within one year | 42/48 | €376,530 | €156,452 | -€220,078 | -58.4% |
| Trade debts | 44 | €361,588 | €135,751 | -€225,837 | -62.5% |
| Suppliers | 440/4 | €361,588 | €135,751 | -€225,837 | -62.5% |
| Taxes, remuneration and social security | 45 | €14,873 | €20,632 | +€5,759 | +38.7% |
| Taxes | 450/3 | €6,187 | €16,537 | +€10,350 | +167% |
| Remuneration and social security | 454/9 | €8,686 | €4,096 | -€4,591 | -52.8% |
| Other amounts payable | 47/48 | €69 | €69 | = | 0.0% |
| Turnover | 70 | €588,999 | €786,216 | +€197,216 | +33.5% |
| Non-recurring operating income | 76A | - | €1,020 | +€1,020 | |
| Goods, raw materials, services and sundry goods | 60/61 | €665,154 | €766,892 | +€101,738 | +15.3% |
| Remuneration, social security and pensions | 62 | €2,670 | €8,587 | +€5,917 | +222% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,138 | €3,056 | -€3,082 | -50.2% |
| Other operating charges | 640/8 | €4,891 | €3,674 | -€1,217 | -24.9% |
| Non-recurring operating charges | 66A | - | €189 | +€189 | |
| Gross operating margin | 9900 | -€69,533 | €32,634 | +€102,167 | |
| Operating profit (loss) | 9901 | -€83,232 | €17,128 | +€100,360 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €337 | €434 | +€97 | +28.9% |
| Recurring financial charges | 65 | €337 | €434 | +€97 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | -€83,569 | €16,695 | +€100,264 | |
| Profit (loss) for the period | 9904 | -€83,569 | €16,695 | +€100,264 | |
| Profit (loss) for the period to be appropriated | 9905 | -€83,569 | €16,695 | +€100,264 |
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 14 October 2026 via checked.be.