"JTE Services": 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 Services"
Largest movements
- Tangible fixed assets +€47,226
new in 2025: €47,226
of which Leasing and similar rights: +€43,663
- Receivables within one year -€4,821
down €4,821 (-18.1%), from €26,604 to €21,783
of which Trade receivables: -€6,415
- Cash -€1,374
down €1,374 (-44.7%), from €3,071 to €1,697
mainly Investment in fixed assets (net) (-€50,532) and Contributions, distributions and other (-€4,000)
- Deferred charges and accrued income +€1,354
new in 2025: €1,354
- Debts after one year +€32,860
new in 2025: €32,860
- Current portion of long-term debt +€7,278
new in 2025: €7,278
- Profit (loss) carried forward +€5,368
up €5,368 (+610%), from €880 to €6,248
- Trade debts -€3,125
down €3,125 (-24.9%), from €12,535 to €9,410
- Other debts -€2,126
down €2,126 (-15.8%), from €13,440 to €11,314
- Turnover +€16,550
up €16,550 (+25.0%), from €66,321 to €82,871
- Gross operating margin +€11,164
up €11,164 (+233%), from €4,789 to €15,953
- Purchases and services +€5,386
up €5,386 (+8.8%), from €61,532 to €66,918
- Depreciation +€3,306
new in 2025: €3,306
- Taxes +€1,201
up €1,201 (+400%), from €300 to €1,501
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 | €29,675 | €72,060 | +€42,385 | +143% |
| Fixed assets | 21/28 | - | €47,226 | +€47,226 | |
| Tangible fixed assets | 22/27 | - | €47,226 | +€47,226 | |
| Furniture and vehicles | 24 | - | €3,563 | +€3,563 | |
| Leasing and similar rights | 25 | - | €43,663 | +€43,663 | |
| Current assets | 29/58 | €29,675 | €24,834 | -€4,841 | -16.3% |
| Amounts receivable within one year | 40/41 | €26,604 | €21,783 | -€4,821 | -18.1% |
| Trade receivables | 40 | €25,679 | €19,264 | -€6,415 | -25.0% |
| Other amounts receivable | 41 | €925 | €2,519 | +€1,594 | +172% |
| Cash at bank and in hand | 54/58 | €3,071 | €1,697 | -€1,374 | -44.7% |
| Deferred charges and accrued income | 490/1 | - | €1,354 | +€1,354 | |
| Total equity and liabilities | 10/49 | €29,675 | €72,060 | +€42,385 | +143% |
| Equity | 10/15 | €3,280 | €8,648 | +€5,368 | +164% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Capital | 10 | €2,400 | €2,400 | = | 0.0% |
| Issued capital | 100 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €880 | €6,248 | +€5,368 | +610% |
| Amounts payable | 17/49 | €26,395 | €63,412 | +€37,017 | +140% |
| Amounts payable after more than one year | 17 | - | €32,860 | +€32,860 | |
| Financial debts | 170/4 | - | €32,860 | +€32,860 | |
| Amounts payable within one year | 42/48 | €26,395 | €29,502 | +€3,107 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | - | €7,278 | +€7,278 | |
| Trade debts | 44 | €12,535 | €9,410 | -€3,125 | -24.9% |
| Suppliers | 440/4 | €12,535 | €9,410 | -€3,125 | -24.9% |
| Taxes, remuneration and social security | 45 | €420 | €1,500 | +€1,080 | +257% |
| Taxes | 450/3 | €420 | €1,500 | +€1,080 | +257% |
| Other amounts payable | 47/48 | €13,440 | €11,314 | -€2,126 | -15.8% |
| Accrued charges and deferred income | 492/3 | - | €1,050 | +€1,050 | |
| Turnover | 70 | €66,321 | €82,871 | +€16,550 | +25.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €61,532 | €66,918 | +€5,386 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,306 | +€3,306 | |
| Other operating charges | 640/8 | €536 | €911 | +€375 | +70.0% |
| Gross operating margin | 9900 | €4,789 | €15,953 | +€11,164 | +233% |
| Operating profit (loss) | 9901 | €4,253 | €11,736 | +€7,483 | +176% |
| Financial charges | 65/66B | €253 | €867 | +€614 | +243% |
| Recurring financial charges | 65 | €253 | €867 | +€614 | +243% |
| Profit (loss) for the period before taxes | 9903 | €4,000 | €10,869 | +€6,869 | +172% |
| Income taxes | 67/77 | €300 | €1,501 | +€1,201 | +400% |
| Profit (loss) for the period | 9904 | €3,700 | €9,368 | +€5,668 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €3,700 | €9,368 | +€5,668 | +153% |
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 13 October 2026 via checked.be.