JTE Concept Group: 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.
JTE Concept Group
Largest movements
- Cash -€9,067
down €9,067 (-87.8%), from €10,331 to €1,265
mainly Net result for the year (-€6,686) and Receivables within one year (-€5,226)
- Receivables within one year +€5,226
up €5,226 (+126%), from €4,136 to €9,362
of which Trade receivables: +€4,532
- Tangible fixed assets +€1,209
up €1,209 (+233%), from €518 to €1,727
- Deferred charges and accrued income -€280
down €280 (-91.9%), from €304 to €25
- Profit (loss) carried forward -€6,686
down €6,686 (-1,399%), from -€478 to -€7,163
- Other debts +€2,185
up €2,185 (+41.6%), from €5,252 to €7,437
- Tax, wage and social debts +€1,349
up €1,349 (+39.1%), from €3,452 to €4,801
of which Remuneration and social security: +€870
- Trade debts +€240
up €240 (+9.2%), from €2,617 to €2,857
- Gross operating margin -€9,129
down €9,129, from €4,931 to -€4,199
- Taxes -€1,200
down €1,200 (-78.4%), from €1,530 to €331
- Depreciation +€504
up €504 (+262%), from €193 to €697
- Other operating charges -€384
down €384 (-34.9%), from €1,099 to €715
- Staff costs +€98
up €98 (+19.2%), from €508 to €605
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,344 | €12,432 | -€2,911 | -19.0% |
| Fixed assets | 21/28 | €572 | €1,781 | +€1,209 | +211% |
| Tangible fixed assets | 22/27 | €518 | €1,727 | +€1,209 | +233% |
| Furniture and vehicles | 24 | €518 | €1,727 | +€1,209 | +233% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €14,772 | €10,652 | -€4,120 | -27.9% |
| Amounts receivable within one year | 40/41 | €4,136 | €9,362 | +€5,226 | +126% |
| Trade receivables | 40 | €2,452 | €6,985 | +€4,532 | +185% |
| Other amounts receivable | 41 | €1,684 | €2,378 | +€694 | +41.2% |
| Cash at bank and in hand | 54/58 | €10,331 | €1,265 | -€9,067 | -87.8% |
| Deferred charges and accrued income | 490/1 | €304 | €25 | -€280 | -91.9% |
| Total equity and liabilities | 10/49 | €15,344 | €12,432 | -€2,911 | -19.0% |
| Equity | 10/15 | €4,022 | -€2,663 | -€6,686 | |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€478 | -€7,163 | -€6,686 | -1,399% |
| Amounts payable | 17/49 | €11,322 | €15,096 | +€3,774 | +33.3% |
| Amounts payable within one year | 42/48 | €11,322 | €15,096 | +€3,774 | +33.3% |
| Trade debts | 44 | €2,617 | €2,857 | +€240 | +9.2% |
| Suppliers | 440/4 | €2,617 | €2,857 | +€240 | +9.2% |
| Taxes, remuneration and social security | 45 | €3,452 | €4,801 | +€1,349 | +39.1% |
| Taxes | 450/3 | €1,656 | €2,135 | +€479 | +28.9% |
| Remuneration and social security | 454/9 | €1,796 | €2,666 | +€870 | +48.4% |
| Other amounts payable | 47/48 | €5,252 | €7,437 | +€2,185 | +41.6% |
| Remuneration, social security and pensions | 62 | €508 | €605 | +€98 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193 | €697 | +€504 | +262% |
| Other operating charges | 640/8 | €1,099 | €715 | -€384 | -34.9% |
| Gross operating margin | 9900 | €4,931 | -€4,199 | -€9,129 | |
| Operating profit (loss) | 9901 | €3,131 | -€6,216 | -€9,347 | |
| Financial income | 75/76B | €1 | €32 | +€31 | +3,754% |
| Recurring financial income | 75 | €1 | €32 | +€31 | +3,754% |
| Financial charges | 65/66B | €212 | €170 | -€42 | -19.7% |
| Recurring financial charges | 65 | €131 | €170 | +€39 | +30.0% |
| Non-recurring financial charges | 66B | €81 | - | -€81 | |
| Profit (loss) for the period before taxes | 9903 | €2,920 | -€6,355 | -€9,275 | |
| Income taxes | 67/77 | €1,530 | €331 | -€1,200 | -78.4% |
| Profit (loss) for the period | 9904 | €1,390 | -€6,686 | -€8,075 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,390 | -€6,686 | -€8,075 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.