JT12: 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.
JT12
Largest movements
- Cash +€74,684
up €74,684 (+45.3%), from €165,034 to €239,718
mainly Net result for the year (+€51,330) and Tax, wage and social debts (+€14,801)
- Profit (loss) carried forward +€51,330
up €51,330 (+51.4%), from €99,934 to €151,264
- Tax, wage and social debts +€14,801
up €14,801 (+30.8%), from €48,018 to €62,819
- Other debts +€8,881
up €8,881 (+98.5%), from €9,016 to €17,897
- Gross operating margin -€61,658
down €61,658 (-47.0%), from €131,298 to €69,641
- Taxes -€13,948
down €13,948 (-47.4%), from €29,440 to €15,491
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 | €165,344 | €240,028 | +€74,684 | +45.2% |
| Current assets | 29/58 | €165,344 | €240,028 | +€74,684 | +45.2% |
| Cash at bank and in hand | 54/58 | €165,034 | €239,718 | +€74,684 | +45.3% |
| Deferred charges and accrued income | 490/1 | €310 | €310 | = | 0.0% |
| Total equity and liabilities | 10/49 | €165,344 | €240,028 | +€74,684 | +45.2% |
| Equity | 10/15 | €102,434 | €153,764 | +€51,330 | +50.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,934 | €151,264 | +€51,330 | +51.4% |
| Amounts payable | 17/49 | €62,910 | €86,264 | +€23,354 | +37.1% |
| Amounts payable within one year | 42/48 | €62,910 | €86,264 | +€23,354 | +37.1% |
| Trade debts | 44 | €5,876 | €5,548 | -€328 | -5.6% |
| Suppliers | 440/4 | €5,876 | €5,548 | -€328 | -5.6% |
| Taxes, remuneration and social security | 45 | €48,018 | €62,819 | +€14,801 | +30.8% |
| Taxes | 450/3 | €48,018 | €62,819 | +€14,801 | +30.8% |
| Other amounts payable | 47/48 | €9,016 | €17,897 | +€8,881 | +98.5% |
| Gross operating margin | 9900 | €131,298 | €69,641 | -€61,658 | -47.0% |
| Operating profit (loss) | 9901 | €131,298 | €69,641 | -€61,658 | -47.0% |
| Financial charges | 65/66B | €1,925 | €2,820 | +€895 | +46.5% |
| Recurring financial charges | 65 | €1,925 | €2,820 | +€895 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | €129,374 | €66,821 | -€62,552 | -48.4% |
| Income taxes | 67/77 | €29,440 | €15,491 | -€13,948 | -47.4% |
| Profit (loss) for the period | 9904 | €99,934 | €51,330 | -€48,604 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €99,934 | €51,330 | -€48,604 | -48.6% |
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 11 October 2026 via checked.be.