JITSK: 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.
JITSK
Largest movements
- Tangible fixed assets -€58,477
down €58,477 (-8.0%), from €732,570 to €674,093
of which Plant, machinery and equipment: -€33,187
- Stocks and contracts -€54,442
down €54,442 (-51.7%), from €105,399 to €50,958
- Receivables within one year +€12,357
up €12,357 (+86.4%), from €14,305 to €26,662
- Other debts +€103,356
up €103,356 (+60.1%), from €172,000 to €275,356
- Profit (loss) carried forward -€102,859
down €102,859 (-41.5%), from -€247,974 to -€350,833
- Debts after one year -€59,013
down €59,013 (-10.1%), from €584,656 to €525,643
- Short-term financial debts -€37,057
down €37,057 (-64.9%), from €57,057 to €20,000
- Trade debts -€19,750
down €19,750 (-15.1%), from €131,132 to €111,382
- Staff costs +€51,807
up €51,807 (+26.9%), from €192,865 to €244,672
- Gross operating margin +€47,717
up €47,717 (+24.5%), from €194,372 to €242,089
- Financial charges -€14,529
down €14,529 (-30.0%), from €48,399 to €33,870
- Other operating charges -€10,898
down €10,898 (-72.0%), from €15,137 to €4,239
- Depreciation -€7,045
down €7,045 (-9.8%), from €72,135 to €65,089
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 | €866,363 | €759,302 | -€107,060 | -12.4% |
| Fixed assets | 21/28 | €732,570 | €674,093 | -€58,477 | -8.0% |
| Tangible fixed assets | 22/27 | €732,570 | €674,093 | -€58,477 | -8.0% |
| Land and buildings | 22 | €538,862 | €507,226 | -€31,637 | -5.9% |
| Plant, machinery and equipment | 23 | €193,708 | €160,521 | -€33,187 | -17.1% |
| Other tangible fixed assets | 26 | - | €6,346 | +€6,346 | |
| Current assets | 29/58 | €133,792 | €85,210 | -€48,583 | -36.3% |
| Stocks and contracts in progress | 3 | €105,399 | €50,958 | -€54,442 | -51.7% |
| Stocks | 30/36 | €105,399 | €50,958 | -€54,442 | -51.7% |
| Amounts receivable within one year | 40/41 | €14,305 | €26,662 | +€12,357 | +86.4% |
| Other amounts receivable | 41 | €14,305 | €26,662 | +€12,357 | +86.4% |
| Cash at bank and in hand | 54/58 | €14,089 | €7,591 | -€6,498 | -46.1% |
| Total equity and liabilities | 10/49 | €866,363 | €759,302 | -€107,060 | -12.4% |
| Equity | 10/15 | -€154,474 | -€257,333 | -€102,859 | -66.6% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Capital | 10 | €85,000 | €85,000 | = | 0.0% |
| Issued capital | 100 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €8,500 | €8,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,500 | €8,500 | = | 0.0% |
| Legal reserve | 130 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€247,974 | -€350,833 | -€102,859 | -41.5% |
| Amounts payable | 17/49 | €1,020,836 | €1,016,635 | -€4,201 | -0.4% |
| Amounts payable after more than one year | 17 | €584,656 | €525,643 | -€59,013 | -10.1% |
| Financial debts | 170/4 | €584,656 | €525,643 | -€59,013 | -10.1% |
| Amounts payable within one year | 42/48 | €436,180 | €490,993 | +€54,813 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €75,909 | €76,373 | +€464 | +0.6% |
| Financial debts | 43 | €57,057 | €20,000 | -€37,057 | -64.9% |
| Credit institutions | 430/8 | €57,057 | €20,000 | -€37,057 | -64.9% |
| Trade debts | 44 | €131,132 | €111,382 | -€19,750 | -15.1% |
| Suppliers | 440/4 | €131,132 | €111,382 | -€19,750 | -15.1% |
| Taxes, remuneration and social security | 45 | €82 | €7,880 | +€7,799 | +9537.2% |
| Taxes | 450/3 | €82 | €162 | +€80 | +97.6% |
| Remuneration and social security | 454/9 | - | €7,719 | +€7,719 | |
| Other amounts payable | 47/48 | €172,000 | €275,356 | +€103,356 | +60.1% |
| Remuneration, social security and pensions | 62 | €192,865 | €244,672 | +€51,807 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,135 | €65,089 | -€7,045 | -9.8% |
| Other operating charges | 640/8 | €15,137 | €4,239 | -€10,898 | -72.0% |
| Gross operating margin | 9900 | €194,372 | €242,089 | +€47,717 | +24.5% |
| Operating profit (loss) | 9901 | -€85,765 | -€71,911 | +€13,854 | +16.2% |
| Financial income | 75/76B | €2,526 | €3,197 | +€672 | +26.6% |
| Recurring financial income | 75 | €2,526 | €3,197 | +€672 | +26.6% |
| Financial charges | 65/66B | €48,399 | €33,870 | -€14,529 | -30.0% |
| Recurring financial charges | 65 | €48,399 | €33,870 | -€14,529 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | -€131,638 | -€102,584 | +€29,055 | +22.1% |
| Income taxes | 67/77 | €131 | €276 | +€144 | +109.7% |
| Profit (loss) for the period | 9904 | -€131,770 | -€102,859 | +€28,911 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€131,770 | -€102,859 | +€28,911 | +21.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.