JITSIE: 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.
JITSIE
Largest movements
- Receivables within one year -€77,141
down €77,141 (-46.7%), from €165,033 to €87,892
of which Trade receivables: -€77,053
- Deferred charges and accrued income +€7,682
new in 2024: €7,682
- Advances received -€87,148
no longer reported in 2024 (was €87,148)
- Trade debts +€22,948
up €22,948 (+55.2%), from €41,553 to €64,501
- Tax, wage and social debts -€4,163
down €4,163 (-14.9%), from €27,884 to €23,722
of which Taxes: -€10,010
- Gross operating margin -€4,397
down €4,397 (-4.1%), from €108,018 to €103,621
- Taxes -€1,678
no longer reported in 2024 (was €1,678)
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.
Derived cash bridge
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 | €165,114 | €95,814 | -€69,300 | -42.0% |
| Current assets | 29/58 | €165,114 | €95,814 | -€69,300 | -42.0% |
| Amounts receivable within one year | 40/41 | €165,033 | €87,892 | -€77,141 | -46.7% |
| Trade receivables | 40 | €138,000 | €60,947 | -€77,053 | -55.8% |
| Other amounts receivable | 41 | €27,033 | €26,945 | -€88 | -0.3% |
| Cash at bank and in hand | 54/58 | €81 | €239 | +€158 | +196% |
| Deferred charges and accrued income | 490/1 | - | €7,682 | +€7,682 | |
| Total equity and liabilities | 10/49 | €165,114 | €95,814 | -€69,300 | -42.0% |
| Equity | 10/15 | €3,561 | €2,624 | -€937 | -26.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,639 | -€3,576 | -€937 | -35.5% |
| Amounts payable | 17/49 | €161,553 | €93,190 | -€68,363 | -42.3% |
| Amounts payable within one year | 42/48 | €161,553 | €93,190 | -€68,363 | -42.3% |
| Trade debts | 44 | €41,553 | €64,501 | +€22,948 | +55.2% |
| Suppliers | 440/4 | €41,553 | €64,501 | +€22,948 | +55.2% |
| Advances received on contracts in progress | 46 | €87,148 | - | -€87,148 | |
| Taxes, remuneration and social security | 45 | €27,884 | €23,722 | -€4,163 | -14.9% |
| Taxes | 450/3 | €15,384 | €5,374 | -€10,010 | -65.1% |
| Remuneration and social security | 454/9 | €12,500 | €18,348 | +€5,847 | +46.8% |
| Other amounts payable | 47/48 | €4,967 | €4,967 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €102,423 | €103,486 | +€1,063 | +1.0% |
| Other operating charges | 640/8 | €671 | €225 | -€446 | -66.5% |
| Gross operating margin | 9900 | €108,018 | €103,621 | -€4,397 | -4.1% |
| Operating profit (loss) | 9901 | €4,924 | -€90 | -€5,014 | |
| Financial charges | 65/66B | €172 | €847 | +€675 | +392% |
| Recurring financial charges | 65 | €172 | €847 | +€675 | +392% |
| Profit (loss) for the period before taxes | 9903 | €4,752 | -€937 | -€5,688 | |
| Income taxes | 67/77 | €1,678 | - | -€1,678 | |
| Profit (loss) for the period | 9904 | €3,074 | -€937 | -€4,011 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,074 | -€937 | -€4,011 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.