JTH INVEST: 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.
JTH INVEST
Largest movements
- Financial fixed assets +€762,350
up €762,350 (+1,694%), from €45,000 to €807,350
- Receivables within one year +€462,831
up €462,831 (+816%), from €56,708 to €519,538
of which Other amounts receivable: +€400,387
- Cash -€22,756
down €22,756 (-84.5%), from €26,945 to €4,189
mainly Investment in fixed assets (net) (-€762,350) and Receivables within one year (-€462,831)
- Other debts +€926,350
up €926,350 (+1,067%), from €86,786 to €1.0m
- Profit (loss) carried forward +€149,247
new in 2025: €149,247
- Debts after one year +€64,912
new in 2025: €64,912
- Tax, wage and social debts +€52,717
up €52,717 (+340%), from €15,485 to €68,203
- Gross operating margin +€168,578
up €168,578 (+448%), from €37,657 to €206,235
- Taxes +€46,038
up €46,038 (+467%), from €9,865 to €55,904
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 | €131,037 | €1,334,317 | +€1.2m | +918% |
| Fixed assets | 21/28 | €45,000 | €807,350 | +€762,350 | +1,694% |
| Financial fixed assets | 28 | €45,000 | €807,350 | +€762,350 | +1,694% |
| Current assets | 29/58 | €86,037 | €526,967 | +€440,930 | +512% |
| Amounts receivable within one year | 40/41 | €56,708 | €519,538 | +€462,831 | +816% |
| Trade receivables | 40 | €15,138 | €77,581 | +€62,443 | +413% |
| Other amounts receivable | 41 | €41,570 | €441,957 | +€400,387 | +963% |
| Cash at bank and in hand | 54/58 | €26,945 | €4,189 | -€22,756 | -84.5% |
| Deferred charges and accrued income | 490/1 | €2,385 | €3,239 | +€854 | +35.8% |
| Total equity and liabilities | 10/49 | €131,037 | €1,334,317 | +€1.2m | +918% |
| Equity | 10/15 | €26,039 | €175,286 | +€149,247 | +573% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,039 | €1,039 | = | 0.0% |
| Distributable reserves | 133 | €1,039 | €1,039 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €149,247 | +€149,247 | |
| Amounts payable | 17/49 | €104,998 | €1,159,031 | +€1.1m | +1,004% |
| Amounts payable after more than one year | 17 | - | €64,912 | +€64,912 | |
| Financial debts | 170/4 | - | €64,912 | +€64,912 | |
| Amounts payable within one year | 42/48 | €104,988 | €1,093,647 | +€988,659 | +942% |
| Financial debts | 43 | - | €10,088 | +€10,088 | |
| Other loans | 439 | - | €10,088 | +€10,088 | |
| Trade debts | 44 | €2,717 | €2,220 | -€497 | -18.3% |
| Suppliers | 440/4 | €2,717 | €2,220 | -€497 | -18.3% |
| Taxes, remuneration and social security | 45 | €15,485 | €68,203 | +€52,717 | +340% |
| Taxes | 450/3 | €15,485 | €68,203 | +€52,717 | +340% |
| Other amounts payable | 47/48 | €86,786 | €1,013,136 | +€926,350 | +1,067% |
| Accrued charges and deferred income | 492/3 | €10 | €473 | +€462 | +4,520% |
| Other operating charges | 640/8 | €752 | €641 | -€111 | -14.8% |
| Gross operating margin | 9900 | €37,657 | €206,235 | +€168,578 | +448% |
| Operating profit (loss) | 9901 | €36,905 | €205,594 | +€168,690 | +457% |
| Financial income | 75/76B | €558 | €557 | -€2 | -0.3% |
| Recurring financial income | 75 | €558 | €557 | -€2 | -0.3% |
| Financial charges | 65/66B | €498 | €1,000 | +€503 | +101% |
| Recurring financial charges | 65 | €498 | €1,000 | +€503 | +101% |
| Profit (loss) for the period before taxes | 9903 | €36,965 | €205,151 | +€168,185 | +455% |
| Income taxes | 67/77 | €9,865 | €55,904 | +€46,038 | +467% |
| Profit (loss) for the period | 9904 | €27,100 | €149,247 | +€122,147 | +451% |
| Profit (loss) for the period to be appropriated | 9905 | €27,100 | €149,247 | +€122,147 | +451% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.