Jo Technic: 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.
Jo Technic
Largest movements
- Receivables within one year +€69,302
up €69,302 (+112%), from €61,772 to €131,074
of which Trade receivables: +€54,412
- Cash +€22,881
up €22,881 (+46.3%), from €49,416 to €72,297
mainly Net result for the year (+€72,953) and Tax, wage and social debts (+€18,250)
- Tangible fixed assets -€3,235
down €3,235 (-19.0%), from €17,044 to €13,809
of which Plant, machinery and equipment: -€1,679
- Reserves +€72,953
up €72,953 (+67.6%), from €107,924 to €180,877
- Tax, wage and social debts +€18,250
up €18,250 (+62.4%), from €29,256 to €47,506
- Trade debts -€2,860
down €2,860 (-30.5%), from €9,387 to €6,527
- Gross operating margin -€46,102
down €46,102 (-32.7%), from €141,017 to €94,915
- Taxes -€10,941
down €10,941 (-37.4%), from €29,256 to €18,315
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.
Derived cash bridge
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 | €149,066 | €237,506 | +€88,439 | +59.3% |
| Fixed assets | 21/28 | €17,347 | €14,079 | -€3,268 | -18.8% |
| Intangible fixed assets | 21 | €303 | €270 | -€33 | -10.9% |
| Tangible fixed assets | 22/27 | €17,044 | €13,809 | -€3,235 | -19.0% |
| Plant, machinery and equipment | 23 | €7,378 | €5,699 | -€1,679 | -22.8% |
| Furniture and vehicles | 24 | €9,666 | €8,110 | -€1,555 | -16.1% |
| Current assets | 29/58 | €131,720 | €223,426 | +€91,707 | +69.6% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €61,772 | €131,074 | +€69,302 | +112% |
| Trade receivables | 40 | €47,900 | €102,312 | +€54,412 | +114% |
| Other amounts receivable | 41 | €13,873 | €28,763 | +€14,890 | +107% |
| Cash at bank and in hand | 54/58 | €49,416 | €72,297 | +€22,881 | +46.3% |
| Deferred charges and accrued income | 490/1 | €531 | €55 | -€477 | -89.7% |
| Total equity and liabilities | 10/49 | €149,066 | €237,506 | +€88,439 | +59.3% |
| Equity | 10/15 | €110,424 | €183,377 | +€72,953 | +66.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €107,924 | €180,877 | +€72,953 | +67.6% |
| Distributable reserves | 133 | €107,924 | €180,877 | +€72,953 | +67.6% |
| Amounts payable | 17/49 | €38,642 | €54,128 | +€15,486 | +40.1% |
| Amounts payable within one year | 42/48 | €38,642 | €54,033 | +€15,390 | +39.8% |
| Trade debts | 44 | €9,387 | €6,527 | -€2,860 | -30.5% |
| Suppliers | 440/4 | €9,387 | €6,527 | -€2,860 | -30.5% |
| Taxes, remuneration and social security | 45 | €29,256 | €47,506 | +€18,250 | +62.4% |
| Taxes | 450/3 | €29,256 | €47,506 | +€18,250 | +62.4% |
| Accrued charges and deferred income | 492/3 | - | €95 | +€95 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,950 | €4,308 | +€1,358 | +46.0% |
| Other operating charges | 640/8 | €1,317 | €495 | -€821 | -62.4% |
| Gross operating margin | 9900 | €141,017 | €94,915 | -€46,102 | -32.7% |
| Operating profit (loss) | 9901 | €136,750 | €90,112 | -€46,638 | -34.1% |
| Financial income | 75/76B | €518 | €1,307 | +€789 | +152% |
| Recurring financial income | 75 | €518 | €1,307 | +€789 | +152% |
| Financial charges | 65/66B | €88 | €151 | +€63 | +71.1% |
| Recurring financial charges | 65 | €88 | €151 | +€63 | +71.1% |
| Profit (loss) for the period before taxes | 9903 | €137,180 | €91,268 | -€45,912 | -33.5% |
| Income taxes | 67/77 | €29,256 | €18,315 | -€10,941 | -37.4% |
| Profit (loss) for the period | 9904 | €107,924 | €72,953 | -€34,970 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €107,924 | €72,953 | -€34,970 | -32.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.