JTC - PLC Holding: what changed
JTC - PLC Holding
Largest movements
- Receivables within one year +€36,244
up €36,244 (+311%), from €11,668 to €47,912
of which Trade receivables: +€35,076
- Tangible fixed assets -€12,097
down €12,097 (-39.6%), from €30,565 to €18,469
of which Furniture and vehicles: -€7,984
- Cash +€891
up €891 (+67.8%), from €1,315 to €2,207
mainly Net result for the year (+€21,894) and Trade debts (+€15,758)
- Trade debts +€15,758
up €15,758 (+211%), from €7,467 to €23,225
- Tax, wage and social debts +€7,586
up €7,586 (+720%), from €1,054 to €8,640
- Reserves +€6,599
up €6,599 (+57.1%), from €11,549 to €18,148
- Other debts -€6,377
down €6,377 (-48.9%), from €13,046 to €6,669
- Short-term financial debts +€5,982
up €5,982 (+388%), from €1,541 to €7,522
- Gross operating margin +€27,006
up €27,006 (+164%), from €16,427 to €43,433
- Taxes +€5,238
up €5,238 (+497%), from €1,054 to €6,292
- Financial charges +€1,241
up €1,241 (+76.3%), from €1,627 to €2,867
- Depreciation +€1,211
up €1,211 (+11.1%), from €10,885 to €12,097
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,872 | €75,197 | +€26,325 | +53.9% |
| Fixed assets | 21/28 | €35,211 | €23,115 | -€12,097 | -34.4% |
| Tangible fixed assets | 22/27 | €30,565 | €18,469 | -€12,097 | -39.6% |
| Plant, machinery and equipment | 23 | €5,468 | €4,005 | -€1,463 | -26.8% |
| Furniture and vehicles | 24 | €14,505 | €6,521 | -€7,984 | -55.0% |
| Other tangible fixed assets | 26 | €10,593 | €7,943 | -€2,650 | -25.0% |
| Financial fixed assets | 28 | €4,646 | €4,646 | = | 0.0% |
| Current assets | 29/58 | €13,660 | €52,082 | +€38,422 | +281% |
| Amounts receivable after more than one year | 29 | - | €600 | +€600 | |
| Other amounts receivable | 291 | - | €600 | +€600 | |
| Stocks and contracts in progress | 3 | €677 | €677 | = | 0.0% |
| Stocks | 30/36 | €677 | €677 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,668 | €47,912 | +€36,244 | +311% |
| Trade receivables | 40 | €11,523 | €46,599 | +€35,076 | +304% |
| Other amounts receivable | 41 | €145 | €1,313 | +€1,168 | +805% |
| Cash at bank and in hand | 54/58 | €1,315 | €2,207 | +€891 | +67.8% |
| Deferred charges and accrued income | 490/1 | €0 | €687 | +€687 | |
| Total equity and liabilities | 10/49 | €48,872 | €75,197 | +€26,325 | +53.9% |
| Equity | 10/15 | €16,549 | €23,148 | +€6,599 | +39.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,549 | €18,148 | +€6,599 | +57.1% |
| Distributable reserves | 133 | €11,549 | €18,148 | +€6,599 | +57.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €32,323 | €52,049 | +€19,726 | +61.0% |
| Amounts payable after more than one year | 17 | €5,993 | €2,625 | -€3,368 | -56.2% |
| Financial debts | 170/4 | €5,993 | €2,625 | -€3,368 | -56.2% |
| Amounts payable within one year | 42/48 | €26,330 | €49,424 | +€23,093 | +87.7% |
| Current portion of amounts payable after more than one year | 42 | €3,223 | €3,368 | +€145 | +4.5% |
| Financial debts | 43 | €1,541 | €7,522 | +€5,982 | +388% |
| Credit institutions | 430/8 | €1,541 | €7,522 | +€5,982 | +388% |
| Trade debts | 44 | €7,467 | €23,225 | +€15,758 | +211% |
| Suppliers | 440/4 | €7,467 | €23,225 | +€15,758 | +211% |
| Taxes, remuneration and social security | 45 | €1,054 | €8,640 | +€7,586 | +720% |
| Taxes | 450/3 | €1,054 | €8,640 | +€7,586 | +720% |
| Other amounts payable | 47/48 | €13,046 | €6,669 | -€6,377 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,885 | €12,097 | +€1,211 | +11.1% |
| Other operating charges | 640/8 | €763 | €798 | +€35 | +4.6% |
| Gross operating margin | 9900 | €16,427 | €43,433 | +€27,006 | +164% |
| Operating profit (loss) | 9901 | €4,779 | €30,538 | +€25,759 | +539% |
| Financial income | 75/76B | €743 | €514 | -€228 | -30.8% |
| Recurring financial income | 75 | €743 | €514 | -€228 | -30.8% |
| Financial charges | 65/66B | €1,627 | €2,867 | +€1,241 | +76.3% |
| Recurring financial charges | 65 | €1,627 | €2,867 | +€1,241 | +76.3% |
| Profit (loss) for the period before taxes | 9903 | €3,895 | €28,185 | +€24,290 | +624% |
| Income taxes | 67/77 | €1,054 | €6,292 | +€5,238 | +497% |
| Profit (loss) for the period | 9904 | €2,841 | €21,894 | +€19,052 | +671% |
| Profit (loss) for the period to be appropriated | 9905 | €2,841 | €21,894 | +€19,052 | +671% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.