JECATH: 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.
JECATH
Largest movements
- Deferred charges and accrued income -€40,841
down €40,841 (-97.0%), from €42,099 to €1,258
- Cash -€4,555
down €4,555 (-21.5%), from €21,172 to €16,618
mainly Net result for the year (-€43,375) and Investment in fixed assets (net) (-€4,090)
- Tangible fixed assets +€2,041
up €2,041 (+17.2%), from €11,873 to €13,914
of which Plant, machinery and equipment: +€1,733
- Reserves -€76,852
down €76,852 (-100.0%), from €76,889 to €37
of which Tax-exempt reserves: -€76,852
- Profit (loss) carried forward +€33,477
up €33,477 (+63.9%), from -€52,402 to -€18,925
- Tax, wage and social debts +€3,412
up €3,412 (+14.8%), from €23,123 to €26,536
of which Remuneration and social security: +€2,538
- Trade debts -€3,235
down €3,235 (-3.6%), from €90,070 to €86,836
of which Suppliers: -€5,128
- Gross operating margin -€11,200
down €11,200 (-11.7%), from €95,690 to €84,490
- Financial charges -€5,939
down €5,939 (-51.9%), from €11,451 to €5,511
- Staff costs -€5,008
down €5,008 (-6.2%), from €81,403 to €76,395
- Other operating charges +€1,475
up €1,475 (+56.9%), from €2,593 to €4,068
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,542 | €140,344 | -€43,198 | -23.5% |
| Fixed assets | 21/28 | €11,993 | €14,034 | +€2,041 | +17.0% |
| Tangible fixed assets | 22/27 | €11,873 | €13,914 | +€2,041 | +17.2% |
| Plant, machinery and equipment | 23 | - | €1,733 | +€1,733 | |
| Other tangible fixed assets | 26 | €11,873 | €12,181 | +€308 | +2.6% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €171,549 | €126,310 | -€45,238 | -26.4% |
| Stocks and contracts in progress | 3 | €25,194 | €25,744 | +€551 | +2.2% |
| Stocks | 30/36 | €25,194 | €25,744 | +€551 | +2.2% |
| Amounts receivable within one year | 40/41 | €83,083 | €82,690 | -€393 | -0.5% |
| Trade receivables | 40 | €20,961 | €24,131 | +€3,170 | +15.1% |
| Other amounts receivable | 41 | €62,122 | €58,559 | -€3,563 | -5.7% |
| Cash at bank and in hand | 54/58 | €21,172 | €16,618 | -€4,555 | -21.5% |
| Deferred charges and accrued income | 490/1 | €42,099 | €1,258 | -€40,841 | -97.0% |
| Total equity and liabilities | 10/49 | €183,542 | €140,344 | -€43,198 | -23.5% |
| Equity | 10/15 | €70,348 | €26,973 | -€43,375 | -61.7% |
| Contributions | 10/11 | €45,860 | €45,860 | = | 0.0% |
| Capital | 10 | €45,860 | €45,860 | = | 0.0% |
| Issued capital | 100 | €45,860 | €45,860 | = | 0.0% |
| Reserves | 13 | €76,889 | €37 | -€76,852 | -100.0% |
| Non-distributable reserves | 130/1 | €37 | €37 | = | 0.0% |
| Legal reserve | 130 | €37 | €37 | = | 0.0% |
| Tax-exempt reserves | 132 | €76,852 | - | -€76,852 | |
| Profit (loss) carried forward | 14 | -€52,402 | -€18,925 | +€33,477 | +63.9% |
| Amounts payable | 17/49 | €113,194 | €113,371 | +€178 | +0.2% |
| Amounts payable within one year | 42/48 | €113,194 | €113,371 | +€178 | +0.2% |
| Trade debts | 44 | €90,070 | €86,836 | -€3,235 | -3.6% |
| Suppliers | 440/4 | €90,070 | €84,943 | -€5,128 | -5.7% |
| Bills of exchange payable | 441 | - | €1,893 | +€1,893 | |
| Taxes, remuneration and social security | 45 | €23,123 | €26,536 | +€3,412 | +14.8% |
| Taxes | 450/3 | €12,798 | €13,672 | +€874 | +6.8% |
| Remuneration and social security | 454/9 | €10,326 | €12,864 | +€2,538 | +24.6% |
| Remuneration, social security and pensions | 62 | €81,403 | €76,395 | -€5,008 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,783 | €2,050 | +€266 | +14.9% |
| Other operating charges | 640/8 | €2,593 | €4,068 | +€1,475 | +56.9% |
| Non-recurring operating charges | 66A | - | €43,281 | +€43,281 | |
| Gross operating margin | 9900 | €95,690 | €84,490 | -€11,200 | -11.7% |
| Operating profit (loss) | 9901 | €9,911 | -€41,304 | -€51,215 | |
| Financial income | 75/76B | €2,525 | €3,440 | +€914 | +36.2% |
| Recurring financial income | 75 | €2,525 | €3,196 | +€671 | +26.6% |
| Non-recurring financial income | 76B | - | €244 | +€244 | |
| Financial charges | 65/66B | €11,451 | €5,511 | -€5,939 | -51.9% |
| Recurring financial charges | 65 | €11,451 | €5,511 | -€5,939 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €986 | -€43,375 | -€44,361 | |
| Profit (loss) for the period | 9904 | €986 | -€43,375 | -€44,361 | |
| Transfer from tax-exempt reserves | 789 | - | €76,852 | +€76,852 | |
| Profit (loss) for the period to be appropriated | 9905 | €986 | €33,477 | +€32,491 | +3295.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2022 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.