JONATAN TECHNIEK: 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.
JONATAN TECHNIEK
Largest movements
- Receivables within one year +€216,007
up €216,007 (+145%), from €148,818 to €364,825
of which Trade receivables: +€216,943
- Cash -€64,576
down €64,576 (-23.6%), from €273,868 to €209,292
mainly Receivables within one year (-€216,007) and Trade debts (-€106,361)
- Tangible fixed assets -€44,058
down €44,058 (-8.1%), from €544,196 to €500,138
of which Land and buildings: -€23,395
- Deferred charges and accrued income +€19,357
new in 2025: €19,357
- Accrued charges and deferred income +€182,139
up €182,139 (+4,909%), from €3,710 to €185,849
- Reserves +€126,300
up €126,300 (+6,790%), from €1,860 to €128,160
of which Tax-exempt reserves: +€126,300
- Trade debts -€106,361
no longer reported in 2025 (was €106,361)
- Profit (loss) carried forward +€103,571
up €103,571 (+112%), from €92,686 to €196,256
- Other debts -€61,450
down €61,450 (-24.8%), from €247,866 to €186,415
- Taxes +€24,179
up €24,179 (+28.9%), from €83,747 to €107,927
- Staff costs +€14,699
up €14,699 (+24.8%), from €59,165 to €73,864
- Depreciation -€14,024
down €14,024 (-24.0%), from €58,399 to €44,376
- Gross operating margin -€13,354
down €13,354 (-2.8%), from €484,667 to €471,313
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 | €968,872 | €1,097,211 | +€128,338 | +13.2% |
| Fixed assets | 21/28 | €544,588 | €500,213 | -€44,376 | -8.1% |
| Intangible fixed assets | 21 | €393 | €74 | -€318 | -81.1% |
| Tangible fixed assets | 22/27 | €544,196 | €500,138 | -€44,058 | -8.1% |
| Land and buildings | 22 | €498,810 | €475,416 | -€23,395 | -4.7% |
| Plant, machinery and equipment | 23 | €9,210 | €5,348 | -€3,862 | -41.9% |
| Furniture and vehicles | 24 | €36,176 | €19,374 | -€16,801 | -46.4% |
| Current assets | 29/58 | €424,284 | €596,998 | +€172,714 | +40.7% |
| Stocks and contracts in progress | 3 | €1,598 | €3,524 | +€1,926 | +120% |
| Stocks | 30/36 | €1,598 | €3,524 | +€1,926 | +120% |
| Amounts receivable within one year | 40/41 | €148,818 | €364,825 | +€216,007 | +145% |
| Trade receivables | 40 | €147,882 | €364,825 | +€216,943 | +147% |
| Other amounts receivable | 41 | €936 | - | -€936 | |
| Cash at bank and in hand | 54/58 | €273,868 | €209,292 | -€64,576 | -23.6% |
| Deferred charges and accrued income | 490/1 | - | €19,357 | +€19,357 | |
| Total equity and liabilities | 10/49 | €968,872 | €1,097,211 | +€128,338 | +13.2% |
| Equity | 10/15 | €113,146 | €343,016 | +€229,871 | +203% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €128,160 | +€126,300 | +6,790% |
| Tax-exempt reserves | 132 | - | €126,300 | +€126,300 | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,686 | €196,256 | +€103,571 | +112% |
| Amounts payable | 17/49 | €855,727 | €754,194 | -€101,532 | -11.9% |
| Amounts payable after more than one year | 17 | €346,047 | €319,952 | -€26,095 | -7.5% |
| Financial debts | 170/4 | €346,047 | €319,952 | -€26,095 | -7.5% |
| Amounts payable within one year | 42/48 | €505,969 | €248,394 | -€257,576 | -50.9% |
| Current portion of amounts payable after more than one year | 42 | €68,430 | €26,095 | -€42,335 | -61.9% |
| Trade debts | 44 | €106,361 | - | -€106,361 | |
| Suppliers | 440/4 | €106,361 | - | -€106,361 | |
| Taxes, remuneration and social security | 45 | €83,312 | €35,883 | -€47,429 | -56.9% |
| Taxes | 450/3 | €71,732 | €29,237 | -€42,495 | -59.2% |
| Remuneration and social security | 454/9 | €11,580 | €6,646 | -€4,934 | -42.6% |
| Other amounts payable | 47/48 | €247,866 | €186,415 | -€61,450 | -24.8% |
| Accrued charges and deferred income | 492/3 | €3,710 | €185,849 | +€182,139 | +4,909% |
| Remuneration, social security and pensions | 62 | €59,165 | €73,864 | +€14,699 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,399 | €44,376 | -€14,024 | -24.0% |
| Other operating charges | 640/8 | €5,054 | €2,816 | -€2,238 | -44.3% |
| Gross operating margin | 9900 | €484,667 | €471,313 | -€13,354 | -2.8% |
| Operating profit (loss) | 9901 | €362,050 | €350,258 | -€11,792 | -3.3% |
| Financial income | 75/76B | €354 | €1,031 | +€678 | +192% |
| Recurring financial income | 75 | €354 | €1,031 | +€678 | +192% |
| Financial charges | 65/66B | €8,207 | €12,662 | +€4,455 | +54.3% |
| Recurring financial charges | 65 | €8,207 | €12,662 | +€4,455 | +54.3% |
| Profit (loss) for the period before taxes | 9903 | €354,196 | €338,627 | -€15,569 | -4.4% |
| Income taxes | 67/77 | €83,747 | €107,927 | +€24,179 | +28.9% |
| Profit (loss) for the period | 9904 | €270,449 | €230,701 | -€39,748 | -14.7% |
| Transfer to tax-exempt reserves | 689 | - | €126,300 | +€126,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €270,449 | €104,401 | -€166,048 | -61.4% |
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 18 October 2026 via checked.be.