JUST IN TIME EXPRESS: 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.
JUST IN TIME EXPRESS
Largest movements
- Cash -€1,537
down €1,537 (-52.9%), from €2,908 to €1,371
mainly Other debts (-€2,525) and Investment in fixed assets (net) (-€800)
- Financial fixed assets +€800
up €800 (+222%), from €360 to €1,160
- Stocks and contracts -€612
down €612 (-3.9%), from €15,682 to €15,070
- Receivables within one year +€366
up €366 (+77.6%), from €472 to €839
- Other debts -€2,525
down €2,525 (-4.1%), from €61,548 to €59,023
- Tax, wage and social debts +€1,181
up €1,181 (+145%), from €817 to €1,999
- Trade debts +€432
up €432 (+38.4%), from €1,126 to €1,558
- Gross operating margin +€2,603
up €2,603 (+90.8%), from -€2,868 to -€264
- Financial income -€228
down €228 (-26.0%), from €877 to €649
- Other operating charges -€149
down €149 (-27.1%), from €549 to €400
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 | €19,770 | €18,795 | -€976 | -4.9% |
| Fixed assets | 21/28 | €360 | €1,160 | +€800 | +222% |
| Financial fixed assets | 28 | €360 | €1,160 | +€800 | +222% |
| Current assets | 29/58 | €19,411 | €17,635 | -€1,776 | -9.1% |
| Stocks and contracts in progress | 3 | €15,682 | €15,070 | -€612 | -3.9% |
| Stocks | 30/36 | €15,682 | €15,070 | -€612 | -3.9% |
| Amounts receivable within one year | 40/41 | €472 | €839 | +€366 | +77.6% |
| Trade receivables | 40 | €472 | €839 | +€366 | +77.6% |
| Cash at bank and in hand | 54/58 | €2,908 | €1,371 | -€1,537 | -52.9% |
| Deferred charges and accrued income | 490/1 | €348 | €356 | +€7 | +2.1% |
| Total equity and liabilities | 10/49 | €19,770 | €18,795 | -€976 | -4.9% |
| Equity | 10/15 | -€43,721 | -€43,785 | -€64 | -0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,321 | -€62,385 | -€64 | -0.1% |
| Amounts payable | 17/49 | €63,491 | €62,579 | -€912 | -1.4% |
| Amounts payable within one year | 42/48 | €63,491 | €62,579 | -€912 | -1.4% |
| Trade debts | 44 | €1,126 | €1,558 | +€432 | +38.4% |
| Suppliers | 440/4 | €1,126 | €1,558 | +€432 | +38.4% |
| Taxes, remuneration and social security | 45 | €817 | €1,999 | +€1,181 | +145% |
| Taxes | 450/3 | €817 | €1,999 | +€1,181 | +145% |
| Other amounts payable | 47/48 | €61,548 | €59,023 | -€2,525 | -4.1% |
| Other operating charges | 640/8 | €549 | €400 | -€149 | -27.1% |
| Gross operating margin | 9900 | -€2,868 | -€264 | +€2,603 | +90.8% |
| Operating profit (loss) | 9901 | -€3,417 | -€664 | +€2,752 | +80.6% |
| Financial income | 75/76B | €877 | €649 | -€228 | -26.0% |
| Recurring financial income | 75 | €877 | €649 | -€228 | -26.0% |
| Financial charges | 65/66B | €51 | €49 | -€2 | -3.6% |
| Recurring financial charges | 65 | €51 | €49 | -€2 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,590 | -€64 | +€2,526 | +97.5% |
| Profit (loss) for the period | 9904 | -€2,590 | -€64 | +€2,526 | +97.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,590 | -€64 | +€2,526 | +97.5% |
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 25 October 2026 via checked.be.