JTA: 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.
JTA
Largest movements
- Cash +€24,152
up €24,152 (+119.4%), from €20,228 to €44,381
mainly Tax, wage and social debts (+€12,948) and Receivables within one year (+€12,657)
- Receivables within one year -€12,657
down €12,657 (-100.0%), from €12,657 to €0
of which Trade receivables: -€7,040
- Stocks and contracts +€10,455
up €10,455 (+26.2%), from €39,860 to €50,315
- Tangible fixed assets -€1,987
down €1,987 (-28.2%), from €7,058 to €5,071
of which Furniture and vehicles: -€3,101
- Tax, wage and social debts +€12,948
up €12,948 (+455.3%), from €2,844 to €15,793
of which Taxes: +€12,348
- Trade debts +€8,525
up €8,525 (+627.8%), from €1,358 to €9,883
- Reserves -€2,310
down €2,310 (-6.0%), from €38,538 to €36,228
- Gross operating margin -€11,348
down €11,348 (-52.9%), from €21,469 to €10,122
- Taxes -€2,844
down €2,844 (-100.0%), from €2,844 to €0
- Depreciation -€2,682
down €2,682 (-25.2%), from €10,638 to €7,956
- Other operating charges +€1,276
up €1,276 (+65.1%), from €1,961 to €3,237
- Financial charges -€1,202
down €1,202 (-49.2%), from €2,441 to €1,239
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 | €79,803 | €99,766 | +€19,964 | +25.0% |
| Fixed assets | 21/28 | €7,058 | €5,071 | -€1,987 | -28.2% |
| Tangible fixed assets | 22/27 | €7,058 | €5,071 | -€1,987 | -28.2% |
| Plant, machinery and equipment | 23 | €663 | €1,777 | +€1,114 | +168.0% |
| Furniture and vehicles | 24 | €6,395 | €3,293 | -€3,101 | -48.5% |
| Current assets | 29/58 | €72,745 | €94,696 | +€21,951 | +30.2% |
| Stocks and contracts in progress | 3 | €39,860 | €50,315 | +€10,455 | +26.2% |
| Stocks | 30/36 | €39,860 | €50,315 | +€10,455 | +26.2% |
| Amounts receivable within one year | 40/41 | €12,657 | €0 | -€12,657 | -100.0% |
| Trade receivables | 40 | €7,040 | €0 | -€7,040 | -100.0% |
| Other amounts receivable | 41 | €5,617 | €0 | -€5,617 | -100.0% |
| Cash at bank and in hand | 54/58 | €20,228 | €44,381 | +€24,152 | +119.4% |
| Total equity and liabilities | 10/49 | €79,803 | €99,766 | +€19,964 | +25.0% |
| Equity | 10/15 | €57,138 | €54,828 | -€2,310 | -4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,538 | €36,228 | -€2,310 | -6.0% |
| Distributable reserves | 133 | €38,538 | €36,228 | -€2,310 | -6.0% |
| Amounts payable | 17/49 | €22,664 | €44,938 | +€22,274 | +98.3% |
| Amounts payable within one year | 42/48 | €22,664 | €44,938 | +€22,274 | +98.3% |
| Trade debts | 44 | €1,358 | €9,883 | +€8,525 | +627.8% |
| Suppliers | 440/4 | €1,358 | €9,883 | +€8,525 | +627.8% |
| Taxes, remuneration and social security | 45 | €2,844 | €15,793 | +€12,948 | +455.3% |
| Taxes | 450/3 | €2,844 | €15,193 | +€12,348 | +434.2% |
| Remuneration and social security | 454/9 | - | €600 | +€600 | |
| Other amounts payable | 47/48 | €18,462 | €19,263 | +€801 | +4.3% |
| Non-recurring operating income | 76A | - | €3,306 | +€3,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,638 | €7,956 | -€2,682 | -25.2% |
| Other operating charges | 640/8 | €1,961 | €3,237 | +€1,276 | +65.1% |
| Gross operating margin | 9900 | €21,469 | €10,122 | -€11,348 | -52.9% |
| Operating profit (loss) | 9901 | €8,870 | -€1,071 | -€9,942 | |
| Financial income | 75/76B | €734 | - | -€734 | |
| Recurring financial income | 75 | €734 | - | -€734 | |
| Financial charges | 65/66B | €2,441 | €1,239 | -€1,202 | -49.2% |
| Recurring financial charges | 65 | €2,441 | €1,239 | -€1,202 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | €7,163 | -€2,310 | -€9,474 | |
| Income taxes | 67/77 | €2,844 | €0 | -€2,844 | -100.0% |
| Profit (loss) for the period | 9904 | €4,319 | -€2,310 | -€6,630 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,319 | -€2,310 | -€6,630 |
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 29 September 2026 via checked.be.