JT SECURITE: 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.
JT SECURITE
Largest movements
- Receivables within one year -€29,803
down €29,803 (-24.6%), from €121,044 to €91,242
of which Trade receivables: -€35,960
- Intangible fixed assets -€12,000
down €12,000 (-55.0%), from €21,830 to €9,830
- Stocks and contracts +€9,129
up €9,129 (+55.5%), from €16,450 to €25,579
- Tangible fixed assets +€5,508
up €5,508 (+6.4%), from €85,581 to €91,089
of which Furniture and vehicles: +€3,250
- Profit (loss) carried forward -€21,899
down €21,899 (-98.5%), from €22,228 to €330
- Debts after one year -€13,498
down €13,498 (-19.7%), from €68,636 to €55,138
- Trade debts +€6,369
up €6,369 (+7.6%), from €83,385 to €89,754
- Tax, wage and social debts +€5,139
up €5,139 (+17.3%), from €29,722 to €34,861
of which Taxes: +€8,466
- Staff costs +€104,766
up €104,766 (+56.0%), from €187,124 to €291,890
- Gross operating margin +€67,154
up €67,154 (+27.7%), from €242,617 to €309,770
- Purchases and services -€61,604
down €61,604 (-14.2%), from €432,345 to €370,742
- Turnover -€31,108
down €31,108 (-4.6%), from €676,400 to €645,292
- Depreciation -€8,249
down €8,249 (-23.4%), from €35,241 to €26,991
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 | €246,920 | €222,073 | -€24,847 | -10.1% |
| Fixed assets | 21/28 | €109,341 | €102,849 | -€6,492 | -5.9% |
| Intangible fixed assets | 21 | €21,830 | €9,830 | -€12,000 | -55.0% |
| Tangible fixed assets | 22/27 | €85,581 | €91,089 | +€5,508 | +6.4% |
| Plant, machinery and equipment | 23 | €930 | €1,896 | +€966 | +104% |
| Furniture and vehicles | 24 | €83,430 | €86,679 | +€3,250 | +3.9% |
| Other tangible fixed assets | 26 | €1,221 | €2,514 | +€1,293 | +106% |
| Financial fixed assets | 28 | €1,930 | €1,930 | = | 0.0% |
| Current assets | 29/58 | €137,579 | €119,224 | -€18,355 | -13.3% |
| Stocks and contracts in progress | 3 | €16,450 | €25,579 | +€9,129 | +55.5% |
| Stocks | 30/36 | €16,450 | €25,579 | +€9,129 | +55.5% |
| Amounts receivable within one year | 40/41 | €121,044 | €91,242 | -€29,803 | -24.6% |
| Trade receivables | 40 | €109,822 | €73,862 | -€35,960 | -32.7% |
| Other amounts receivable | 41 | €11,223 | €17,380 | +€6,157 | +54.9% |
| Cash at bank and in hand | 54/58 | - | €1,419 | +€1,419 | |
| Deferred charges and accrued income | 490/1 | €85 | €985 | +€900 | +1,058% |
| Total equity and liabilities | 10/49 | €246,920 | €222,073 | -€24,847 | -10.1% |
| Equity | 10/15 | €34,628 | €12,730 | -€21,899 | -63.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,228 | €330 | -€21,899 | -98.5% |
| Amounts payable | 17/49 | €212,292 | €209,343 | -€2,948 | -1.4% |
| Amounts payable after more than one year | 17 | €68,636 | €55,138 | -€13,498 | -19.7% |
| Financial debts | 170/4 | €68,636 | €55,138 | -€13,498 | -19.7% |
| Amounts payable within one year | 42/48 | €143,656 | €154,205 | +€10,550 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €26,477 | €24,797 | -€1,680 | -6.3% |
| Financial debts | 43 | €4,071 | €4,793 | +€721 | +17.7% |
| Other loans | 439 | €4,071 | €4,793 | +€721 | +17.7% |
| Trade debts | 44 | €83,385 | €89,754 | +€6,369 | +7.6% |
| Suppliers | 440/4 | €83,385 | €89,754 | +€6,369 | +7.6% |
| Taxes, remuneration and social security | 45 | €29,722 | €34,861 | +€5,139 | +17.3% |
| Taxes | 450/3 | - | €8,466 | +€8,466 | |
| Remuneration and social security | 454/9 | €29,722 | €26,395 | -€3,326 | -11.2% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Turnover | 70 | €676,400 | €645,292 | -€31,108 | -4.6% |
| Non-recurring operating income | 76A | €1,402 | €3,298 | +€1,896 | +135% |
| Goods, raw materials, services and sundry goods | 60/61 | €432,345 | €370,742 | -€61,604 | -14.2% |
| Remuneration, social security and pensions | 62 | €187,124 | €291,890 | +€104,766 | +56.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,241 | €26,991 | -€8,249 | -23.4% |
| Other operating charges | 640/8 | €699 | €936 | +€237 | +34.0% |
| Non-recurring operating charges | 66A | €3,153 | €10,338 | +€7,185 | +228% |
| Gross operating margin | 9900 | €242,617 | €309,770 | +€67,154 | +27.7% |
| Operating profit (loss) | 9901 | €16,400 | -€20,385 | -€36,785 | |
| Financial income | 75/76B | €70 | €2,620 | +€2,549 | +3,637% |
| Recurring financial income | 75 | €70 | €842 | +€771 | +1,101% |
| Non-recurring financial income | 76B | €0 | €1,778 | +€1,778 | +17,779,900% |
| Financial charges | 65/66B | €3,854 | €3,933 | +€79 | +2.0% |
| Recurring financial charges | 65 | €3,854 | €3,933 | +€79 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €12,616 | -€21,699 | -€34,315 | |
| Income taxes | 67/77 | €2,632 | €200 | -€2,431 | -92.4% |
| Profit (loss) for the period | 9904 | €9,984 | -€21,899 | -€31,883 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,984 | -€21,899 | -€31,883 |
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 14 October 2026 via checked.be.