JB-TEC: 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.
JB-TEC
Largest movements
- Cash -€18,924
down €18,924 (-39.1%), from €48,363 to €29,439
mainly Contributions, distributions and other (-€40,500) and Other debts (-€15,039)
- Tangible fixed assets +€8,199
up €8,199 (+39.4%), from €20,820 to €29,019
of which Other tangible fixed assets: +€11,350
- Receivables within one year -€2,863
down €2,863 (-13.0%), from €22,081 to €19,218
- Deferred charges and accrued income +€1,520
up €1,520 (+90.3%), from €1,683 to €3,203
- Other debts -€15,039
down €15,039 (-27.1%), from €55,539 to €40,500
- Profit (loss) carried forward +€3,638
new in 2025: €3,638
- Gross operating margin +€3,484
up €3,484 (+5.3%), from €65,377 to €68,860
- Depreciation -€1,733
down €1,733 (-23.6%), from €7,340 to €5,607
- Taxes +€1,211
up €1,211 (+9.3%), from €13,023 to €14,234
- Other operating charges -€936
down €936 (-20.7%), from €4,523 to €3,586
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 | €92,947 | €80,879 | -€12,068 | -13.0% |
| Fixed assets | 21/28 | €20,820 | €29,019 | +€8,199 | +39.4% |
| Tangible fixed assets | 22/27 | €20,820 | €29,019 | +€8,199 | +39.4% |
| Furniture and vehicles | 24 | €3,151 | - | -€3,151 | |
| Other tangible fixed assets | 26 | €17,669 | €29,019 | +€11,350 | +64.2% |
| Current assets | 29/58 | €72,127 | €51,860 | -€20,267 | -28.1% |
| Amounts receivable within one year | 40/41 | €22,081 | €19,218 | -€2,863 | -13.0% |
| Trade receivables | 40 | €22,081 | €19,218 | -€2,863 | -13.0% |
| Cash at bank and in hand | 54/58 | €48,363 | €29,439 | -€18,924 | -39.1% |
| Deferred charges and accrued income | 490/1 | €1,683 | €3,203 | +€1,520 | +90.3% |
| Total equity and liabilities | 10/49 | €92,947 | €80,879 | -€12,068 | -13.0% |
| Equity | 10/15 | €25,446 | €29,084 | +€3,638 | +14.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €22,946 | €22,946 | = | 0.0% |
| Distributable reserves | 133 | €22,946 | €22,946 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €3,638 | +€3,638 | |
| Amounts payable | 17/49 | €67,501 | €51,794 | -€15,707 | -23.3% |
| Amounts payable within one year | 42/48 | €67,501 | €51,794 | -€15,707 | -23.3% |
| Trade debts | 44 | - | €208 | +€208 | |
| Suppliers | 440/4 | - | €208 | +€208 | |
| Taxes, remuneration and social security | 45 | €11,962 | €11,086 | -€876 | -7.3% |
| Taxes | 450/3 | €11,962 | €11,086 | -€876 | -7.3% |
| Other amounts payable | 47/48 | €55,539 | €40,500 | -€15,039 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,340 | €5,607 | -€1,733 | -23.6% |
| Other operating charges | 640/8 | €4,523 | €3,586 | -€936 | -20.7% |
| Gross operating margin | 9900 | €65,377 | €68,860 | +€3,484 | +5.3% |
| Operating profit (loss) | 9901 | €53,514 | €59,667 | +€6,153 | +11.5% |
| Financial charges | 65/66B | €1,824 | €1,295 | -€529 | -29.0% |
| Recurring financial charges | 65 | €1,824 | €1,295 | -€529 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €51,689 | €58,372 | +€6,683 | +12.9% |
| Income taxes | 67/77 | €13,023 | €14,234 | +€1,211 | +9.3% |
| Profit (loss) for the period | 9904 | €38,667 | €44,138 | +€5,472 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,667 | €44,138 | +€5,472 | +14.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.