JTS: 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.
JTS
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash +€8,185
up €8,185 (+64.5%), from €12,691 to €20,876
mainly Net result for the year (+€47,049) and Tax, wage and social debts (+€11,372)
- Tangible fixed assets -€4,926
down €4,926 (-41.7%), from €11,803 to €6,877
- Receivables within one year -€1,700
down €1,700 (-16.5%), from €10,313 to €8,613
of which Other amounts receivable: -€3,040
- Reserves +€39,049
up €39,049 (+252%), from €15,489 to €54,538
of which Distributable reserves: +€39,049
- Tax, wage and social debts +€11,372
up €11,372 (+323%), from €3,516 to €14,888
- Other debts +€4,249
new in 2025: €4,249
- Trade debts -€3,566
down €3,566 (-91.9%), from €3,880 to €314
- Gross operating margin +€56,894
up €56,894 (+524%), from €10,857 to €67,751
- Taxes +€11,676
new in 2025: €11,676
- Depreciation -€2,251
down €2,251 (-22.1%), from €10,174 to €7,924
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 | €35,286 | €86,389 | +€51,104 | +145% |
| Fixed assets | 21/28 | €11,803 | €6,877 | -€4,926 | -41.7% |
| Tangible fixed assets | 22/27 | €11,803 | €6,877 | -€4,926 | -41.7% |
| Furniture and vehicles | 24 | €11,803 | €6,877 | -€4,926 | -41.7% |
| Current assets | 29/58 | €23,482 | €79,512 | +€56,030 | +239% |
| Amounts receivable within one year | 40/41 | €10,313 | €8,613 | -€1,700 | -16.5% |
| Trade receivables | 40 | €7,242 | €8,582 | +€1,340 | +18.5% |
| Other amounts receivable | 41 | €3,072 | €32 | -€3,040 | -99.0% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €12,691 | €20,876 | +€8,185 | +64.5% |
| Deferred charges and accrued income | 490/1 | €478 | €23 | -€455 | -95.3% |
| Total equity and liabilities | 10/49 | €35,286 | €86,389 | +€51,104 | +145% |
| Equity | 10/15 | €27,889 | €66,938 | +€39,049 | +140% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €15,489 | €54,538 | +€39,049 | +252% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €13,630 | €52,679 | +€39,049 | +286% |
| Amounts payable | 17/49 | €7,396 | €19,451 | +€12,055 | +163% |
| Amounts payable within one year | 42/48 | €7,396 | €19,451 | +€12,055 | +163% |
| Trade debts | 44 | €3,880 | €314 | -€3,566 | -91.9% |
| Suppliers | 440/4 | €3,880 | €314 | -€3,566 | -91.9% |
| Taxes, remuneration and social security | 45 | €3,516 | €14,888 | +€11,372 | +323% |
| Taxes | 450/3 | €3,516 | €14,888 | +€11,372 | +323% |
| Other amounts payable | 47/48 | - | €4,249 | +€4,249 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,174 | €7,924 | -€2,251 | -22.1% |
| Other operating charges | 640/8 | €790 | €884 | +€94 | +11.8% |
| Gross operating margin | 9900 | €10,857 | €67,751 | +€56,894 | +524% |
| Operating profit (loss) | 9901 | -€108 | €58,943 | +€59,051 | |
| Financial income | 75/76B | €0 | €166 | +€165 | +1,654,900% |
| Recurring financial income | 75 | €0 | €166 | +€165 | +1,654,900% |
| Financial charges | 65/66B | €507 | €384 | -€124 | -24.4% |
| Recurring financial charges | 65 | €507 | €384 | -€124 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | -€615 | €58,725 | +€59,340 | |
| Income taxes | 67/77 | - | €11,676 | +€11,676 | |
| Profit (loss) for the period | 9904 | -€615 | €47,049 | +€47,664 | |
| Profit (loss) for the period to be appropriated | 9905 | -€615 | €47,049 | +€47,664 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.