JHTB LAW: 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.
JHTB LAW
Largest movements
- Receivables within one year +€7,139
up €7,139 (+2592.5%), from €275 to €7,415
of which Trade receivables: +€7,216
- Tangible fixed assets +€1,145
new in 2025: €1,145
- Deferred charges and accrued income -€1,106
no longer reported in 2025 (was €1,106)
- Cash -€292
down €292 (-6.5%), from €4,499 to €4,206
mainly Receivables within one year (-€7,139) and Investment in fixed assets (net) (-€1,330)
- Tax, wage and social debts +€2,770
up €2,770 (+103.5%), from €2,676 to €5,446
- Reserves +€2,120
up €2,120 (+513.3%), from €413 to €2,533
- Other debts +€1,291
new in 2025: €1,291
- Trade debts +€705
up €705 (+89.1%), from €791 to €1,497
- Gross operating margin +€4,442
up €4,442 (+458.1%), from €970 to €5,412
- Taxes +€1,392
up €1,392 (+550.5%), from €253 to €1,644
- Financial charges +€1,003
up €1,003 (+381.0%), from €263 to €1,267
- Depreciation +€185
new in 2025: €185
- Other operating charges +€170
up €170 (+418.5%), from €41 to €211
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 | €5,880 | €12,766 | +€6,886 | +117.1% |
| Fixed assets | 21/28 | - | €1,145 | +€1,145 | |
| Tangible fixed assets | 22/27 | - | €1,145 | +€1,145 | |
| Plant, machinery and equipment | 23 | - | €1,145 | +€1,145 | |
| Current assets | 29/58 | €5,880 | €11,621 | +€5,741 | +97.6% |
| Amounts receivable within one year | 40/41 | €275 | €7,415 | +€7,139 | +2592.5% |
| Trade receivables | 40 | - | €7,216 | +€7,216 | |
| Other amounts receivable | 41 | €275 | €199 | -€77 | -27.8% |
| Cash at bank and in hand | 54/58 | €4,499 | €4,206 | -€292 | -6.5% |
| Deferred charges and accrued income | 490/1 | €1,106 | - | -€1,106 | |
| Total equity and liabilities | 10/49 | €5,880 | €12,766 | +€6,886 | +117.1% |
| Equity | 10/15 | €2,413 | €4,533 | +€2,120 | +87.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €413 | €2,533 | +€2,120 | +513.3% |
| Distributable reserves | 133 | €413 | €2,533 | +€2,120 | +513.3% |
| Amounts payable | 17/49 | €3,467 | €8,233 | +€4,766 | +137.4% |
| Amounts payable within one year | 42/48 | €3,467 | €8,233 | +€4,766 | +137.4% |
| Trade debts | 44 | €791 | €1,497 | +€705 | +89.1% |
| Suppliers | 440/4 | €791 | €1,497 | +€705 | +89.1% |
| Taxes, remuneration and social security | 45 | €2,676 | €5,446 | +€2,770 | +103.5% |
| Taxes | 450/3 | €2,676 | €5,446 | +€2,770 | +103.5% |
| Other amounts payable | 47/48 | - | €1,291 | +€1,291 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €185 | +€185 | |
| Other operating charges | 640/8 | €41 | €211 | +€170 | +418.5% |
| Gross operating margin | 9900 | €970 | €5,412 | +€4,442 | +458.1% |
| Operating profit (loss) | 9901 | €929 | €5,017 | +€4,088 | +439.9% |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €263 | €1,267 | +€1,003 | +381.0% |
| Recurring financial charges | 65 | €263 | €1,267 | +€1,003 | +381.0% |
| Profit (loss) for the period before taxes | 9903 | €666 | €3,765 | +€3,099 | +465.4% |
| Income taxes | 67/77 | €253 | €1,644 | +€1,392 | +550.5% |
| Profit (loss) for the period | 9904 | €413 | €2,120 | +€1,707 | +413.3% |
| Profit (loss) for the period to be appropriated | 9905 | €413 | €2,120 | +€1,707 | +413.3% |
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 8 October 2026 via checked.be.