JCATI: 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.
JCATI
Largest movements
- Cash +€26,725
up €26,725 (+107.9%), from €24,762 to €51,487
mainly Depreciation (+€27,510) and Other debts (+€18,041)
- Receivables within one year -€14,239
down €14,239 (-88.9%), from €16,020 to €1,780
of which Trade receivables: -€14,261
- Stocks and contracts +€7,373
up €7,373 (+96.4%), from €7,649 to €15,021
- Tangible fixed assets -€2,337
down €2,337 (-2.1%), from €110,501 to €108,164
of which Plant, machinery and equipment: -€5,646
- Other debts +€18,041
up €18,041 (+56.3%), from €32,050 to €50,091
- Trade debts -€17,799
down €17,799 (-65.2%), from €27,302 to €9,503
- Debts after one year +€9,925
up €9,925 (+23.9%), from €41,603 to €51,528
of which Financial debts: +€14,891
- Current portion of long-term debt +€9,192
up €9,192 (+189.8%), from €4,843 to €14,036
- Tax, wage and social debts -€2,102
down €2,102 (-11.2%), from €18,736 to €16,634
of which Taxes: -€2,822
- Gross operating margin -€29,340
down €29,340 (-31.9%), from €91,836 to €62,496
- Staff costs -€20,712
down €20,712 (-51.8%), from €39,970 to €19,258
- Depreciation +€7,195
up €7,195 (+35.4%), from €20,315 to €27,510
- Taxes -€3,680
down €3,680 (-63.4%), from €5,801 to €2,122
- Other operating charges -€1,415
down €1,415 (-48.6%), from €2,911 to €1,496
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 | €170,415 | €188,141 | +€17,726 | +10.4% |
| Fixed assets | 21/28 | €120,607 | €117,559 | -€3,048 | -2.5% |
| Intangible fixed assets | 21 | €2,306 | €1,595 | -€711 | -30.8% |
| Tangible fixed assets | 22/27 | €110,501 | €108,164 | -€2,337 | -2.1% |
| Plant, machinery and equipment | 23 | €51,217 | €45,570 | -€5,646 | -11.0% |
| Furniture and vehicles | 24 | €33,498 | €38,808 | +€5,310 | +15.9% |
| Other tangible fixed assets | 26 | €25,787 | €23,786 | -€2,000 | -7.8% |
| Financial fixed assets | 28 | €7,800 | €7,800 | = | 0.0% |
| Current assets | 29/58 | €49,808 | €70,582 | +€20,774 | +41.7% |
| Stocks and contracts in progress | 3 | €7,649 | €15,021 | +€7,373 | +96.4% |
| Stocks | 30/36 | €7,649 | €15,021 | +€7,373 | +96.4% |
| Amounts receivable within one year | 40/41 | €16,020 | €1,780 | -€14,239 | -88.9% |
| Trade receivables | 40 | €14,261 | €0 | -€14,261 | -100.0% |
| Other amounts receivable | 41 | €1,758 | €1,780 | +€22 | +1.2% |
| Cash at bank and in hand | 54/58 | €24,762 | €51,487 | +€26,725 | +107.9% |
| Deferred charges and accrued income | 490/1 | €1,378 | €2,294 | +€916 | +66.4% |
| Total equity and liabilities | 10/49 | €170,415 | €188,141 | +€17,726 | +10.4% |
| Equity | 10/15 | €45,881 | €46,350 | +€469 | +1.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,881 | €21,350 | +€469 | +2.2% |
| Amounts payable | 17/49 | €124,534 | €141,791 | +€17,258 | +13.9% |
| Amounts payable after more than one year | 17 | €41,603 | €51,528 | +€9,925 | +23.9% |
| Financial debts | 170/4 | - | €14,891 | +€14,891 | |
| Other amounts payable | 178/9 | €41,603 | €36,637 | -€4,966 | -11.9% |
| Amounts payable within one year | 42/48 | €82,931 | €90,263 | +€7,332 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €4,843 | €14,036 | +€9,192 | +189.8% |
| Trade debts | 44 | €27,302 | €9,503 | -€17,799 | -65.2% |
| Suppliers | 440/4 | €27,302 | €9,503 | -€17,799 | -65.2% |
| Taxes, remuneration and social security | 45 | €18,736 | €16,634 | -€2,102 | -11.2% |
| Taxes | 450/3 | €14,349 | €11,527 | -€2,822 | -19.7% |
| Remuneration and social security | 454/9 | €4,387 | €5,107 | +€720 | +16.4% |
| Other amounts payable | 47/48 | €32,050 | €50,091 | +€18,041 | +56.3% |
| Remuneration, social security and pensions | 62 | €39,970 | €19,258 | -€20,712 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,315 | €27,510 | +€7,195 | +35.4% |
| Other operating charges | 640/8 | €2,911 | €1,496 | -€1,415 | -48.6% |
| Non-recurring operating charges | 66A | - | €8,955 | +€8,955 | |
| Gross operating margin | 9900 | €91,836 | €62,496 | -€29,340 | -31.9% |
| Operating profit (loss) | 9901 | €28,640 | €5,278 | -€23,362 | -81.6% |
| Financial income | 75/76B | €284 | €312 | +€28 | +9.8% |
| Recurring financial income | 75 | €284 | €312 | +€28 | +9.8% |
| Financial charges | 65/66B | €2,241 | €2,999 | +€758 | +33.8% |
| Recurring financial charges | 65 | €2,241 | €2,999 | +€758 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | €26,682 | €2,590 | -€24,092 | -90.3% |
| Income taxes | 67/77 | €5,801 | €2,122 | -€3,680 | -63.4% |
| Profit (loss) for the period | 9904 | €20,881 | €469 | -€20,412 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,881 | €469 | -€20,412 | -97.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.