JAYTECH: 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.
JAYTECH
Largest movements
- Intangible fixed assets -€16,667
down €16,667 (-67.1%), from €24,841 to €8,174
- Receivables within one year +€16,387
up €16,387 (+39.6%), from €41,400 to €57,787
of which Trade receivables: +€17,088
- Profit (loss) carried forward -€9,038
down €9,038 (-28.1%), from €32,133 to €23,095
- Trade debts +€8,685
up €8,685 (+84.9%), from €10,232 to €18,918
- Gross operating margin -€39,107
down €39,107 (-75.7%), from €51,676 to €12,570
- Staff costs -€7,305
down €7,305 (-85.5%), from €8,540 to €1,236
- Taxes -€5,646
down €5,646 (-80.9%), from €6,977 to €1,331
- Financial charges +€1,018
up €1,018 (+329.4%), from €309 to €1,328
- Other operating charges +€648
up €648, from €0 to €648
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,124 | €68,102 | -€1,022 | -1.5% |
| Fixed assets | 21/28 | €25,533 | €8,467 | -€17,066 | -66.8% |
| Intangible fixed assets | 21 | €24,841 | €8,174 | -€16,667 | -67.1% |
| Tangible fixed assets | 22/27 | €692 | €293 | -€399 | -57.7% |
| Furniture and vehicles | 24 | €692 | €293 | -€399 | -57.7% |
| Current assets | 29/58 | €43,590 | €59,635 | +€16,044 | +36.8% |
| Amounts receivable within one year | 40/41 | €41,400 | €57,787 | +€16,387 | +39.6% |
| Trade receivables | 40 | €36,894 | €53,982 | +€17,088 | +46.3% |
| Other amounts receivable | 41 | €4,506 | €3,805 | -€700 | -15.5% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,190 | €1,847 | -€343 | -15.7% |
| Total equity and liabilities | 10/49 | €69,124 | €68,102 | -€1,022 | -1.5% |
| Equity | 10/15 | €49,833 | €40,795 | -€9,038 | -18.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Outside capital | 11 | - | €7,000 | +€7,000 | |
| Share premium | 1100/10 | - | €7,000 | +€7,000 | |
| Reserves | 13 | €10,700 | €10,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,700 | €5,700 | -€5,000 | -46.7% |
| Reserves not available under the articles | 1311 | €700 | €5,700 | +€5,000 | +714.3% |
| Other | 1319 | €10,000 | - | -€10,000 | |
| Distributable reserves | 133 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €32,133 | €23,095 | -€9,038 | -28.1% |
| Amounts payable | 17/49 | €19,291 | €27,307 | +€8,016 | +41.6% |
| Amounts payable within one year | 42/48 | €19,291 | €27,307 | +€8,016 | +41.6% |
| Trade debts | 44 | €10,232 | €18,918 | +€8,685 | +84.9% |
| Suppliers | 440/4 | €10,232 | €18,918 | +€8,685 | +84.9% |
| Taxes, remuneration and social security | 45 | €9,058 | €8,390 | -€669 | -7.4% |
| Taxes | 450/3 | €6,203 | €7,534 | +€1,331 | +21.5% |
| Remuneration and social security | 454/9 | €2,855 | €855 | -€2,000 | -70.0% |
| Non-recurring operating income | 76A | €2,737 | - | -€2,737 | |
| Remuneration, social security and pensions | 62 | €8,540 | €1,236 | -€7,305 | -85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,066 | €17,066 | = | 0.0% |
| Other operating charges | 640/8 | €0 | €648 | +€648 | |
| Gross operating margin | 9900 | €51,676 | €12,570 | -€39,107 | -75.7% |
| Operating profit (loss) | 9901 | €26,070 | -€6,380 | -€32,451 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €309 | €1,328 | +€1,018 | +329.4% |
| Recurring financial charges | 65 | €309 | €1,328 | +€1,018 | +329.4% |
| Profit (loss) for the period before taxes | 9903 | €25,761 | -€7,707 | -€33,468 | |
| Income taxes | 67/77 | €6,977 | €1,331 | -€5,646 | -80.9% |
| Profit (loss) for the period | 9904 | €18,784 | -€9,038 | -€27,822 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,784 | -€9,038 | -€27,822 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.