JGTTI: 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.
JGTTI
Largest movements
- Current investments -€1.0m
no longer reported in 2024 (was €1.0m)
- Cash +€437,853
up €437,853 (+5404.7%), from €8,101 to €445,954
mainly Current investments (+€1.0m) and Debts after one year (+€750,000)
- Stocks and contracts -€321,730
down €321,730 (-5.1%), from €6.3m to €6.0m
- Other debts -€1.4m
down €1.4m (-37.9%), from €3.7m to €2.3m
- Debts after one year +€750,000
up €750,000 (+75.0%), from €1.0m to €1.8m
- Reserves -€261,500
down €261,500 (-76.0%), from €344,000 to €82,500
- Gross operating margin +€49,451
up €49,451 (+98.1%), from €50,410 to €99,861
- Taxes +€23,877
up €23,877 (+161.2%), from €14,815 to €38,692
- Financial income +€12,702
up €12,702 (+127.0%), from €10,003 to €22,705
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,303,343 | €6,418,280 | -€885,063 | -12.1% |
| Current assets | 29/58 | €7,303,343 | €6,418,280 | -€885,063 | -12.1% |
| Stocks and contracts in progress | 3 | €6,294,055 | €5,972,325 | -€321,730 | -5.1% |
| Stocks | 30/36 | €6,294,055 | €5,972,325 | -€321,730 | -5.1% |
| Amounts receivable within one year | 40/41 | €1,186 | - | -€1,186 | |
| Other amounts receivable | 41 | €1,186 | - | -€1,186 | |
| Current investments | 50/53 | €1,000,000 | - | -€1.0m | |
| Cash at bank and in hand | 54/58 | €8,101 | €445,954 | +€437,853 | +5404.7% |
| Total equity and liabilities | 10/49 | €7,303,343 | €6,418,280 | -€885,063 | -12.1% |
| Equity | 10/15 | €2,544,707 | €2,283,464 | -€261,243 | -10.3% |
| Contributions | 10/11 | €2,200,000 | €2,200,000 | = | 0.0% |
| Reserves | 13 | €344,000 | €82,500 | -€261,500 | -76.0% |
| Distributable reserves | 133 | €344,000 | €82,500 | -€261,500 | -76.0% |
| Profit (loss) carried forward | 14 | €707 | €964 | +€257 | +36.3% |
| Amounts payable | 17/49 | €4,758,636 | €4,134,816 | -€623,820 | -13.1% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,750,000 | +€750,000 | +75.0% |
| Financial debts | 170/4 | €1,000,000 | €1,750,000 | +€750,000 | +75.0% |
| Amounts payable within one year | 42/48 | €3,758,636 | €2,384,816 | -€1.4m | -36.6% |
| Taxes, remuneration and social security | 45 | €17,100 | €60,680 | +€43,580 | +254.9% |
| Taxes | 450/3 | €17,100 | €60,680 | +€43,580 | +254.9% |
| Other amounts payable | 47/48 | €3,741,536 | €2,324,136 | -€1.4m | -37.9% |
| Other operating charges | 640/8 | €1,106 | €1,094 | -€12 | -1.1% |
| Gross operating margin | 9900 | €50,410 | €99,861 | +€49,451 | +98.1% |
| Operating profit (loss) | 9901 | €49,305 | €98,767 | +€49,463 | +100.3% |
| Financial income | 75/76B | €10,003 | €22,705 | +€12,702 | +127.0% |
| Recurring financial income | 75 | €10,003 | €22,705 | +€12,702 | +127.0% |
| Financial charges | 65/66B | €48 | €24 | -€24 | -50.0% |
| Recurring financial charges | 65 | €48 | €24 | -€24 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €59,260 | €121,448 | +€62,188 | +104.9% |
| Income taxes | 67/77 | €14,815 | €38,692 | +€23,877 | +161.2% |
| Profit (loss) for the period | 9904 | €44,445 | €82,757 | +€38,312 | +86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,445 | €82,757 | +€38,312 | +86.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.