JORTECH: what changed
Two fiscal 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.
JORTECH
Largest movements
- Cash +€43,026
up €43,026 (+308.5%), from €13,945 to €56,971
mainly Net result for the year (+€39,577) and Tax, wage and social debts (+€13,835)
- Receivables within one year +€9,399
up €9,399 (+8101.3%), from €116 to €9,515
of which Trade receivables: +€9,394
- Reserves +€38,744
up €38,744 (+551.0%), from €7,032 to €45,776
- Tax, wage and social debts +€13,835
up €13,835 (+223.9%), from €6,179 to €20,014
- Gross operating margin +€43,585
up €43,585 (+400.5%), from €10,882 to €54,467
- Taxes +€11,788
up €11,788 (+396.8%), from €2,971 to €14,758
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 | €14,061 | €66,911 | +€52,850 | +375.9% |
| Current assets | 29/58 | €14,061 | €66,911 | +€52,850 | +375.9% |
| Amounts receivable within one year | 40/41 | €116 | €9,515 | +€9,399 | +8101.3% |
| Trade receivables | 40 | €116 | €9,510 | +€9,394 | +8096.9% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €13,945 | €56,971 | +€43,026 | +308.5% |
| Deferred charges and accrued income | 490/1 | - | €425 | +€425 | |
| Total equity and liabilities | 10/49 | €14,061 | €66,911 | +€52,850 | +375.9% |
| Equity | 10/15 | €7,132 | €45,876 | +€38,744 | +543.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €7,032 | €45,776 | +€38,744 | +551.0% |
| Distributable reserves | 133 | €7,032 | €45,776 | +€38,744 | +551.0% |
| Amounts payable | 17/49 | €6,929 | €21,034 | +€14,106 | +203.6% |
| Amounts payable within one year | 42/48 | €6,929 | €21,034 | +€14,106 | +203.6% |
| Trade debts | 44 | €148 | €506 | +€357 | +241.1% |
| Suppliers | 440/4 | €148 | €506 | +€357 | +241.1% |
| Taxes, remuneration and social security | 45 | €6,179 | €20,014 | +€13,835 | +223.9% |
| Taxes | 450/3 | €6,179 | €20,014 | +€13,835 | +223.9% |
| Other amounts payable | 47/48 | €601 | €514 | -€87 | -14.4% |
| Other operating charges | 640/8 | - | €15 | +€15 | |
| Gross operating margin | 9900 | €10,882 | €54,467 | +€43,585 | +400.5% |
| Operating profit (loss) | 9901 | €10,882 | €54,452 | +€43,570 | +400.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €21 | €117 | +€96 | +464.0% |
| Recurring financial charges | 65 | €21 | €117 | +€96 | +464.0% |
| Profit (loss) for the period before taxes | 9903 | €10,862 | €54,336 | +€43,474 | +400.3% |
| Income taxes | 67/77 | €2,971 | €14,758 | +€11,788 | +396.8% |
| Profit (loss) for the period | 9904 | €7,891 | €39,577 | +€31,686 | +401.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,891 | €39,577 | +€31,686 | +401.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.