JST-Welding: 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.
JST-Welding
Largest movements
- Current investments -€107,179
down €107,179 (-76.6%), from €140,000 to €32,821
- Cash -€7,198
down €7,198 (-10.8%), from €66,776 to €59,578
mainly Contributions, distributions and other (-€215,272) and Receivables within one year (-€3,272)
- Receivables within one year +€3,272
up €3,272 (+13.3%), from €24,540 to €27,812
of which Trade receivables: +€2,471
- Reserves -€119,541
down €119,541 (-55.5%), from €215,272 to €95,731
- Tax, wage and social debts +€7,824
up €7,824 (+31.9%), from €24,556 to €32,381
- Gross operating margin +€13,072
up €13,072 (+11.7%), from €111,679 to €124,751
- Taxes +€2,874
up €2,874 (+12.2%), from €23,605 to €26,478
- Financial income +€2,634
up €2,634, from €0 to €2,634
- Financial charges +€2,257
up €2,257 (+180.1%), from €1,253 to €3,510
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 | €242,949 | €131,984 | -€110,965 | -45.7% |
| Fixed assets | 21/28 | €1,211 | €341 | -€870 | -71.8% |
| Tangible fixed assets | 22/27 | €1,211 | €341 | -€870 | -71.8% |
| Furniture and vehicles | 24 | €1,211 | €341 | -€870 | -71.8% |
| Current assets | 29/58 | €241,738 | €131,643 | -€110,095 | -45.5% |
| Amounts receivable within one year | 40/41 | €24,540 | €27,812 | +€3,272 | +13.3% |
| Trade receivables | 40 | €24,529 | €27,000 | +€2,471 | +10.1% |
| Other amounts receivable | 41 | €11 | €812 | +€801 | +7245.6% |
| Current investments | 50/53 | €140,000 | €32,821 | -€107,179 | -76.6% |
| Cash at bank and in hand | 54/58 | €66,776 | €59,578 | -€7,198 | -10.8% |
| Deferred charges and accrued income | 490/1 | €10,423 | €11,433 | +€1,010 | +9.7% |
| Total equity and liabilities | 10/49 | €242,949 | €131,984 | -€110,965 | -45.7% |
| Equity | 10/15 | €217,772 | €98,231 | -€119,541 | -54.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €215,272 | €95,731 | -€119,541 | -55.5% |
| Distributable reserves | 133 | €215,272 | €95,731 | -€119,541 | -55.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €25,177 | €33,753 | +€8,576 | +34.1% |
| Amounts payable within one year | 42/48 | €25,177 | €33,753 | +€8,576 | +34.1% |
| Trade debts | 44 | €621 | €1,372 | +€751 | +121.1% |
| Suppliers | 440/4 | €621 | €1,372 | +€751 | +121.1% |
| Taxes, remuneration and social security | 45 | €24,556 | €32,381 | +€7,824 | +31.9% |
| Taxes | 450/3 | €24,556 | €32,381 | +€7,824 | +31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €870 | €870 | -€0 | 0.0% |
| Other operating charges | 640/8 | €802 | €795 | -€7 | -0.9% |
| Gross operating margin | 9900 | €111,679 | €124,751 | +€13,072 | +11.7% |
| Operating profit (loss) | 9901 | €110,007 | €123,086 | +€13,079 | +11.9% |
| Financial income | 75/76B | €0 | €2,634 | +€2,634 | |
| Recurring financial income | 75 | €0 | €2,634 | +€2,634 | |
| Financial charges | 65/66B | €1,253 | €3,510 | +€2,257 | +180.1% |
| Recurring financial charges | 65 | €1,253 | €3,510 | +€2,257 | +180.1% |
| Profit (loss) for the period before taxes | 9903 | €108,754 | €122,210 | +€13,456 | +12.4% |
| Income taxes | 67/77 | €23,605 | €26,478 | +€2,874 | +12.2% |
| Profit (loss) for the period | 9904 | €85,149 | €95,731 | +€10,583 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €85,149 | €95,731 | +€10,583 | +12.4% |
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 10 October 2026 via checked.be.