JITCON: 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.
JITCON
Largest movements
- Cash +€19,315
up €19,315 (+45.2%), from €42,764 to €62,079
mainly Net result for the year (+€49,114) and Other debts (+€36,948)
- Receivables within one year +€17,679
up €17,679 (+42.3%), from €41,762 to €59,441
of which Trade receivables: +€19,565
- Current investments +€16,500
up €16,500 (+30.6%), from €54,000 to €70,500
- Tangible fixed assets -€2,759
down €2,759 (-28.9%), from €9,547 to €6,788
- Other debts +€36,948
up €36,948 (+4618.5%), from €800 to €37,748
- Reserves +€12,166
up €12,166 (+8.9%), from €137,451 to €149,617
- Gross operating margin +€24,643
up €24,643 (+53.9%), from €45,691 to €70,334
- Taxes +€2,252
up €2,252 (+18.3%), from €12,277 to €14,529
- Financial charges +€1,689
up €1,689 (+134.4%), from €1,257 to €2,946
- Other operating charges -€751
down €751 (-36.2%), from €2,073 to €1,322
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 | €166,846 | €219,400 | +€52,553 | +31.5% |
| Fixed assets | 21/28 | €9,547 | €6,788 | -€2,759 | -28.9% |
| Tangible fixed assets | 22/27 | €9,547 | €6,788 | -€2,759 | -28.9% |
| Land and buildings | 22 | €1,889 | €1,190 | -€699 | -37.0% |
| Plant, machinery and equipment | 23 | €427 | €81 | -€345 | -80.9% |
| Furniture and vehicles | 24 | €4,435 | €3,213 | -€1,222 | -27.6% |
| Other tangible fixed assets | 26 | €2,796 | €2,303 | -€493 | -17.6% |
| Current assets | 29/58 | €157,299 | €212,612 | +€55,312 | +35.2% |
| Amounts receivable after more than one year | 29 | €14,584 | €14,963 | +€379 | +2.6% |
| Other amounts receivable | 291 | €14,584 | €14,963 | +€379 | +2.6% |
| Amounts receivable within one year | 40/41 | €41,762 | €59,441 | +€17,679 | +42.3% |
| Trade receivables | 40 | €39,560 | €59,125 | +€19,565 | +49.5% |
| Other amounts receivable | 41 | €2,202 | €316 | -€1,886 | -85.6% |
| Current investments | 50/53 | €54,000 | €70,500 | +€16,500 | +30.6% |
| Cash at bank and in hand | 54/58 | €42,764 | €62,079 | +€19,315 | +45.2% |
| Deferred charges and accrued income | 490/1 | €4,190 | €5,629 | +€1,439 | +34.3% |
| Total equity and liabilities | 10/49 | €166,846 | €219,400 | +€52,553 | +31.5% |
| Equity | 10/15 | €149,851 | €162,017 | +€12,166 | +8.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €137,451 | €149,617 | +€12,166 | +8.9% |
| Distributable reserves | 133 | €137,451 | €149,617 | +€12,166 | +8.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,995 | €57,382 | +€40,387 | +237.6% |
| Amounts payable within one year | 42/48 | €16,995 | €57,382 | +€40,387 | +237.6% |
| Trade debts | 44 | €2,220 | €3,536 | +€1,316 | +59.3% |
| Suppliers | 440/4 | €2,220 | €3,536 | +€1,316 | +59.3% |
| Taxes, remuneration and social security | 45 | €13,974 | €16,098 | +€2,123 | +15.2% |
| Taxes | 450/3 | €11,128 | €16,098 | +€4,970 | +44.7% |
| Remuneration and social security | 454/9 | €2,847 | €0 | -€2,847 | -100.0% |
| Other amounts payable | 47/48 | €800 | €37,748 | +€36,948 | +4618.5% |
| Non-recurring operating income | 76A | - | €14,320 | +€14,320 | |
| Remuneration, social security and pensions | 62 | €657 | - | -€657 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,719 | €2,759 | +€40 | +1.5% |
| Other operating charges | 640/8 | €2,073 | €1,322 | -€751 | -36.2% |
| Gross operating margin | 9900 | €45,691 | €70,334 | +€24,643 | +53.9% |
| Operating profit (loss) | 9901 | €40,242 | €66,254 | +€26,011 | +64.6% |
| Financial income | 75/76B | €592 | €335 | -€257 | -43.3% |
| Recurring financial income | 75 | €592 | €335 | -€257 | -43.3% |
| Financial charges | 65/66B | €1,257 | €2,946 | +€1,689 | +134.4% |
| Recurring financial charges | 65 | €1,257 | €2,946 | +€1,689 | +134.4% |
| Profit (loss) for the period before taxes | 9903 | €39,577 | €63,643 | +€24,066 | +60.8% |
| Income taxes | 67/77 | €12,277 | €14,529 | +€2,252 | +18.3% |
| Profit (loss) for the period | 9904 | €27,301 | €49,114 | +€21,814 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,301 | €49,114 | +€21,814 | +79.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.