JH-Technical: 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.
JH-Technical
Largest movements
- Cash +€17,041
up €17,041 (+52.8%), from €32,244 to €49,285
mainly Net result for the year (+€25,126) and Receivables within one year (+€9,879)
- Receivables within one year -€9,879
down €9,879 (-60.6%), from €16,296 to €6,417
of which Other amounts receivable: -€6,389
- Deferred charges and accrued income -€624
down €624 (-14.9%), from €4,175 to €3,551
- Profit (loss) carried forward +€8,768
up €8,768 (+53.6%), from €16,358 to €25,126
- Tax, wage and social debts -€2,279
down €2,279 (-24.0%), from €9,479 to €7,200
- Gross operating margin +€11,894
up €11,894 (+46.9%), from €25,386 to €37,281
- Staff costs +€2,522
new in 2025: €2,522
- Taxes +€1,946
up €1,946 (+39.9%), from €4,877 to €6,823
- Financial charges -€1,124
down €1,124 (-51.0%), from €2,204 to €1,079
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 | €54,665 | €61,022 | +€6,357 | +11.6% |
| Fixed assets | 21/28 | €1,950 | €1,376 | -€575 | -29.5% |
| Tangible fixed assets | 22/27 | €1,950 | €1,376 | -€575 | -29.5% |
| Plant, machinery and equipment | 23 | €1,950 | €1,376 | -€575 | -29.5% |
| Current assets | 29/58 | €52,715 | €59,647 | +€6,931 | +13.1% |
| Stocks and contracts in progress | 3 | - | €393 | +€393 | |
| Stocks | 30/36 | - | €393 | +€393 | |
| Amounts receivable within one year | 40/41 | €16,296 | €6,417 | -€9,879 | -60.6% |
| Trade receivables | 40 | €7,721 | €4,231 | -€3,490 | -45.2% |
| Other amounts receivable | 41 | €8,575 | €2,186 | -€6,389 | -74.5% |
| Cash at bank and in hand | 54/58 | €32,244 | €49,285 | +€17,041 | +52.8% |
| Deferred charges and accrued income | 490/1 | €4,175 | €3,551 | -€624 | -14.9% |
| Total equity and liabilities | 10/49 | €54,665 | €61,022 | +€6,357 | +11.6% |
| Equity | 10/15 | €41,477 | €50,245 | +€8,768 | +21.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,119 | €20,119 | = | 0.0% |
| Distributable reserves | 133 | €20,119 | €20,119 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,358 | €25,126 | +€8,768 | +53.6% |
| Amounts payable | 17/49 | €13,188 | €10,777 | -€2,411 | -18.3% |
| Amounts payable within one year | 42/48 | €13,188 | €10,777 | -€2,411 | -18.3% |
| Trade debts | 44 | €3,709 | €3,576 | -€133 | -3.6% |
| Suppliers | 440/4 | €3,709 | €3,576 | -€133 | -3.6% |
| Taxes, remuneration and social security | 45 | €9,479 | €7,200 | -€2,279 | -24.0% |
| Taxes | 450/3 | €9,479 | €7,200 | -€2,279 | -24.0% |
| Remuneration, social security and pensions | 62 | - | €2,522 | +€2,522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,004 | €1,165 | +€161 | +16.1% |
| Other operating charges | 640/8 | €555 | €852 | +€297 | +53.4% |
| Gross operating margin | 9900 | €25,386 | €37,281 | +€11,894 | +46.9% |
| Operating profit (loss) | 9901 | €23,827 | €32,742 | +€8,915 | +37.4% |
| Financial income | 75/76B | €445 | €287 | -€158 | -35.4% |
| Recurring financial income | 75 | €445 | €287 | -€158 | -35.4% |
| Financial charges | 65/66B | €2,204 | €1,079 | -€1,124 | -51.0% |
| Recurring financial charges | 65 | €2,204 | €1,079 | -€1,124 | -51.0% |
| Profit (loss) for the period before taxes | 9903 | €22,068 | €31,950 | +€9,881 | +44.8% |
| Income taxes | 67/77 | €4,877 | €6,823 | +€1,946 | +39.9% |
| Profit (loss) for the period | 9904 | €17,191 | €25,126 | +€7,935 | +46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,191 | €25,126 | +€7,935 | +46.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.