JFJ TECH: 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.
JFJ TECH
Largest movements
- Stocks and contracts +€217,015
new in 2025: €217,015
- Tangible fixed assets -€140,400
down €140,400 (-58.5%), from €239,908 to €99,508
of which Land and buildings: -€168,079
- Current investments -€95,000
down €95,000 (-12.4%), from €764,479 to €669,479
- Receivables within one year -€17,524
down €17,524 (-44.5%), from €39,425 to €21,900
of which Other amounts receivable: -€8,881
- Cash +€15,126
up €15,126 (+164%), from €9,222 to €24,348
mainly Investment in fixed assets (net) (+€116,916) and Current investments (+€95,000)
- Tax, wage and social debts -€30,611
down €30,611 (-99.0%), from €30,934 to €323
- Debts after one year +€23,854
new in 2025: €23,854
- Trade debts -€10,784
down €10,784 (-96.7%), from €11,152 to €368
- Financial income -€14,796
down €14,796 (-38.0%), from €38,896 to €24,101
- Depreciation -€8,031
down €8,031 (-25.5%), from €31,515 to €23,484
- Gross operating margin +€4,839
up €4,839 (+75.2%), from -€6,439 to -€1,600
- Other operating charges +€1,464
up €1,464 (+95.7%), from €1,529 to €2,993
- Financial charges -€767
down €767 (-43.0%), from €1,784 to €1,017
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 | €1,053,922 | €1,033,555 | -€20,367 | -1.9% |
| Fixed assets | 21/28 | €239,908 | €99,508 | -€140,400 | -58.5% |
| Tangible fixed assets | 22/27 | €239,908 | €99,508 | -€140,400 | -58.5% |
| Land and buildings | 22 | €168,079 | - | -€168,079 | |
| Plant, machinery and equipment | 23 | €60,962 | €59,869 | -€1,094 | -1.8% |
| Furniture and vehicles | 24 | €7,738 | €39,640 | +€31,902 | +412% |
| Assets under construction and advance payments | 27 | €3,130 | - | -€3,130 | |
| Current assets | 29/58 | €814,014 | €934,047 | +€120,033 | +14.7% |
| Stocks and contracts in progress | 3 | - | €217,015 | +€217,015 | |
| Stocks | 30/36 | - | €217,015 | +€217,015 | |
| Amounts receivable within one year | 40/41 | €39,425 | €21,900 | -€17,524 | -44.5% |
| Trade receivables | 40 | €9,118 | €475 | -€8,643 | -94.8% |
| Other amounts receivable | 41 | €30,306 | €21,425 | -€8,881 | -29.3% |
| Current investments | 50/53 | €764,479 | €669,479 | -€95,000 | -12.4% |
| Cash at bank and in hand | 54/58 | €9,222 | €24,348 | +€15,126 | +164% |
| Deferred charges and accrued income | 490/1 | €888 | €1,305 | +€417 | +47.0% |
| Total equity and liabilities | 10/49 | €1,053,922 | €1,033,555 | -€20,367 | -1.9% |
| Equity | 10/15 | €934,137 | €929,106 | -€5,031 | -0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €927,792 | €921,292 | -€6,500 | -0.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €925,932 | €919,432 | -€6,500 | -0.7% |
| Profit (loss) carried forward | 14 | €145 | €1,614 | +€1,469 | +1,016% |
| Amounts payable | 17/49 | €119,786 | €104,449 | -€15,336 | -12.8% |
| Amounts payable after more than one year | 17 | - | €23,854 | +€23,854 | |
| Financial debts | 170/4 | - | €23,854 | +€23,854 | |
| Amounts payable within one year | 42/48 | €119,786 | €80,595 | -€39,190 | -32.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | €10,074 | +€10,074 | |
| Trade debts | 44 | €11,152 | €368 | -€10,784 | -96.7% |
| Suppliers | 440/4 | €11,152 | €368 | -€10,784 | -96.7% |
| Taxes, remuneration and social security | 45 | €30,934 | €323 | -€30,611 | -99.0% |
| Taxes | 450/3 | €30,934 | €323 | -€30,611 | -99.0% |
| Other amounts payable | 47/48 | €77,700 | €69,831 | -€7,869 | -10.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €26,537 | +€26,537 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,515 | €23,484 | -€8,031 | -25.5% |
| Other operating charges | 640/8 | €1,529 | €2,993 | +€1,464 | +95.7% |
| Gross operating margin | 9900 | -€6,439 | -€1,600 | +€4,839 | +75.2% |
| Operating profit (loss) | 9901 | -€39,483 | -€28,076 | +€11,407 | +28.9% |
| Financial income | 75/76B | €38,896 | €24,101 | -€14,796 | -38.0% |
| Recurring financial income | 75 | €38,896 | €24,101 | -€14,796 | -38.0% |
| Financial charges | 65/66B | €1,784 | €1,017 | -€767 | -43.0% |
| Recurring financial charges | 65 | €1,784 | €1,017 | -€767 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,370 | -€4,993 | -€2,623 | -111% |
| Income taxes | 67/77 | €150 | €38 | -€112 | -74.6% |
| Profit (loss) for the period | 9904 | -€2,520 | -€5,031 | -€2,511 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,520 | -€5,031 | -€2,511 | -99.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.