JCtech: what changed
JCtech
Largest movements
- Cash +€24,482
up €24,482 (+27.5%), from €88,867 to €113,349
mainly Debts after one year (+€33,853) and Net result for the year (+€32,858)
- Receivables within one year +€5,836
up €5,836 (+10.3%), from €56,838 to €62,674
of which Trade receivables: +€3,940
- Tangible fixed assets -€4,653
down €4,653 (-25.2%), from €18,468 to €13,815
of which Furniture and vehicles: -€2,905
- Other debts -€34,516
down €34,516 (-87.3%), from €39,542 to €5,026
- Debts after one year +€33,853
up €33,853 (+164%), from €20,647 to €54,500
of which Other amounts payable: +€38,000
- Reserves +€31,192
up €31,192 (+73.1%), from €42,649 to €73,841
- Trade debts -€6,377
down €6,377 (-58.6%), from €10,875 to €4,499
- Current portion of long-term debt -€3,522
down €3,522 (-45.9%), from €7,670 to €4,147
- Gross operating margin -€10,600
down €10,600 (-16.0%), from €66,329 to €55,729
- Taxes -€3,697
down €3,697 (-23.0%), from €16,081 to €12,385
- Financial charges +€2,851
up €2,851 (+186%), from €1,536 to €4,387
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €165,583 | €190,587 | +€25,004 | +15.1% |
| Formation expenses | 20 | €1,381 | €749 | -€632 | -45.8% |
| Fixed assets | 21/28 | €18,468 | €13,815 | -€4,653 | -25.2% |
| Tangible fixed assets | 22/27 | €18,468 | €13,815 | -€4,653 | -25.2% |
| Plant, machinery and equipment | 23 | €9,271 | €7,523 | -€1,748 | -18.9% |
| Furniture and vehicles | 24 | €9,197 | €6,292 | -€2,905 | -31.6% |
| Current assets | 29/58 | €145,734 | €176,023 | +€30,289 | +20.8% |
| Amounts receivable within one year | 40/41 | €56,838 | €62,674 | +€5,836 | +10.3% |
| Trade receivables | 40 | €47,938 | €51,879 | +€3,940 | +8.2% |
| Other amounts receivable | 41 | €8,900 | €10,795 | +€1,895 | +21.3% |
| Cash at bank and in hand | 54/58 | €88,867 | €113,349 | +€24,482 | +27.5% |
| Deferred charges and accrued income | 490/1 | €29 | - | -€29 | |
| Total equity and liabilities | 10/49 | €165,583 | €190,587 | +€25,004 | +15.1% |
| Equity | 10/15 | €57,649 | €88,841 | +€31,192 | +54.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Contributions outside capital | 11 | €15,000 | €15,000 | = | 0.0% |
| Other | 1109/19 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €42,649 | €73,841 | +€31,192 | +73.1% |
| Distributable reserves | 133 | €42,649 | €73,841 | +€31,192 | +73.1% |
| Amounts payable | 17/49 | €107,934 | €101,746 | -€6,188 | -5.7% |
| Amounts payable after more than one year | 17 | €20,647 | €54,500 | +€33,853 | +164% |
| Financial debts | 170/4 | €4,147 | - | -€4,147 | |
| Other amounts payable | 178/9 | €16,500 | €54,500 | +€38,000 | +230% |
| Amounts payable within one year | 42/48 | €81,880 | €39,370 | -€42,510 | -51.9% |
| Current portion of amounts payable after more than one year | 42 | €7,670 | €4,147 | -€3,522 | -45.9% |
| Trade debts | 44 | €10,875 | €4,499 | -€6,377 | -58.6% |
| Suppliers | 440/4 | €10,875 | €4,499 | -€6,377 | -58.6% |
| Taxes, remuneration and social security | 45 | €23,793 | €25,698 | +€1,905 | +8.0% |
| Taxes | 450/3 | €17,393 | €12,898 | -€4,495 | -25.8% |
| Remuneration and social security | 454/9 | €6,400 | €12,800 | +€6,400 | +100.0% |
| Other amounts payable | 47/48 | €39,542 | €5,026 | -€34,516 | -87.3% |
| Accrued charges and deferred income | 492/3 | €5,407 | €7,876 | +€2,469 | +45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,285 | €5,285 | = | 0.0% |
| Other operating charges | 640/8 | €622 | €831 | +€210 | +33.7% |
| Gross operating margin | 9900 | €66,329 | €55,729 | -€10,600 | -16.0% |
| Operating profit (loss) | 9901 | €60,422 | €49,613 | -€10,809 | -17.9% |
| Financial income | 75/76B | €0 | €17 | +€17 | +14,283% |
| Recurring financial income | 75 | €0 | €17 | +€17 | +14,283% |
| Financial charges | 65/66B | €1,536 | €4,387 | +€2,851 | +186% |
| Recurring financial charges | 65 | €1,536 | €4,387 | +€2,851 | +186% |
| Profit (loss) for the period before taxes | 9903 | €58,886 | €45,243 | -€13,643 | -23.2% |
| Income taxes | 67/77 | €16,081 | €12,385 | -€3,697 | -23.0% |
| Profit (loss) for the period | 9904 | €42,805 | €32,858 | -€9,946 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,805 | €32,858 | -€9,946 | -23.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.