JTR BEHEER: 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.
JTR BEHEER
Largest movements
- Tangible fixed assets -€26,982
down €26,982 (-6.5%), from €413,327 to €386,345
of which Land and buildings: -€14,339
- Receivables within one year +€16,056
up €16,056 (+446%), from €3,604 to €19,660
of which Other amounts receivable: +€17,426
- Cash +€9,856
up €9,856 (+7.1%), from €138,147 to €148,002
mainly Depreciation (+€28,870) and Net result for the year (+€26,439)
- Deferred charges and accrued income -€9,782
down €9,782 (-98.4%), from €9,945 to €163
- Other debts +€25,000
up €25,000 (+62.5%), from €40,000 to €65,000
- Reserves -€18,561
down €18,561 (-3.5%), from €523,404 to €504,843
of which Tax-exempt reserves: -€39,425
- Provisions -€13,142
down €13,142 (-16.3%), from €80,421 to €67,279
- Gross operating margin -€5,816
down €5,816 (-8.7%), from €67,067 to €61,251
- Taxes +€4,192
up €4,192 (+172%), from €2,438 to €6,630
- Depreciation -€3,335
down €3,335 (-10.4%), from €32,204 to €28,870
- Other operating charges +€1,119
up €1,119 (+18.5%), from €6,054 to €7,173
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 | €787,837 | €776,985 | -€10,852 | -1.4% |
| Fixed assets | 21/28 | €413,327 | €386,345 | -€26,982 | -6.5% |
| Tangible fixed assets | 22/27 | €413,327 | €386,345 | -€26,982 | -6.5% |
| Land and buildings | 22 | €357,321 | €342,982 | -€14,339 | -4.0% |
| Plant, machinery and equipment | 23 | €7,991 | €6,682 | -€1,309 | -16.4% |
| Furniture and vehicles | 24 | €48,015 | €36,681 | -€11,334 | -23.6% |
| Current assets | 29/58 | €374,510 | €390,640 | +€16,130 | +4.3% |
| Amounts receivable after more than one year | 29 | €222,815 | €222,815 | = | 0.0% |
| Trade receivables | 290 | €222,815 | €222,815 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,604 | €19,660 | +€16,056 | +446% |
| Trade receivables | 40 | €3,376 | €2,006 | -€1,370 | -40.6% |
| Other amounts receivable | 41 | €228 | €17,654 | +€17,426 | +7,651% |
| Cash at bank and in hand | 54/58 | €138,147 | €148,002 | +€9,856 | +7.1% |
| Deferred charges and accrued income | 490/1 | €9,945 | €163 | -€9,782 | -98.4% |
| Total equity and liabilities | 10/49 | €787,837 | €776,985 | -€10,852 | -1.4% |
| Equity | 10/15 | €656,904 | €638,343 | -€18,561 | -2.8% |
| Contributions | 10/11 | €133,500 | €133,500 | = | 0.0% |
| Reserves | 13 | €523,404 | €504,843 | -€18,561 | -3.5% |
| Tax-exempt reserves | 132 | €241,263 | €201,838 | -€39,425 | -16.3% |
| Distributable reserves | 133 | €282,142 | €303,005 | +€20,863 | +7.4% |
| Provisions and deferred taxes | 16 | €80,421 | €67,279 | -€13,142 | -16.3% |
| Deferred taxes | 168 | €80,421 | €67,279 | -€13,142 | -16.3% |
| Amounts payable | 17/49 | €50,512 | €71,362 | +€20,851 | +41.3% |
| Amounts payable after more than one year | 17 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,012 | €69,862 | +€20,851 | +42.5% |
| Trade debts | 44 | €1,254 | €584 | -€671 | -53.5% |
| Suppliers | 440/4 | €1,254 | €584 | -€671 | -53.5% |
| Advances received on contracts in progress | 46 | - | €443 | +€443 | |
| Taxes, remuneration and social security | 45 | €7,757 | €3,835 | -€3,922 | -50.6% |
| Taxes | 450/3 | €7,757 | €3,835 | -€3,922 | -50.6% |
| Other amounts payable | 47/48 | €40,000 | €65,000 | +€25,000 | +62.5% |
| Non-recurring operating income | 76A | €9,586 | - | -€9,586 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,204 | €28,870 | -€3,335 | -10.4% |
| Other operating charges | 640/8 | €6,054 | €7,173 | +€1,119 | +18.5% |
| Non-recurring operating charges | 66A | - | €12,617 | +€12,617 | |
| Gross operating margin | 9900 | €67,067 | €61,251 | -€5,816 | -8.7% |
| Operating profit (loss) | 9901 | €28,809 | €12,592 | -€16,217 | -56.3% |
| Financial income | 75/76B | €7,371 | €7,519 | +€148 | +2.0% |
| Recurring financial income | 75 | €7,371 | €7,519 | +€148 | +2.0% |
| Financial charges | 65/66B | €165 | €184 | +€20 | +11.9% |
| Recurring financial charges | 65 | €165 | €184 | +€20 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €36,015 | €19,927 | -€16,088 | -44.7% |
| Transfer from deferred taxes | 780 | €4,730 | €13,142 | +€8,412 | +178% |
| Income taxes | 67/77 | €2,438 | €6,630 | +€4,192 | +172% |
| Profit (loss) for the period | 9904 | €38,307 | €26,439 | -€11,869 | -31.0% |
| Transfer from tax-exempt reserves | 789 | €14,189 | €39,425 | +€25,235 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €52,497 | €65,863 | +€13,367 | +25.5% |
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 15 October 2026 via checked.be.