JZ TECH: 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.
JZ TECH
Largest movements
- Receivables within one year +€38,684
up €38,684 (+174%), from €22,258 to €60,942
of which Trade receivables: +€26,027
- Tangible fixed assets +€21,527
new in 2025: €21,527
of which Plant, machinery and equipment: +€17,517
- Cash -€10,006
down €10,006 (-41.7%), from €24,000 to €13,994
mainly Receivables within one year (-€38,684) and Investment in fixed assets (net) (-€23,685)
- Current investments +€5,091
new in 2025: €5,091
- Trade debts +€54,329
up €54,329 (+2,838%), from €1,915 to €56,244
- Tax, wage and social debts +€16,636
up €16,636 (+196%), from €8,500 to €25,136
- Profit (loss) carried forward -€15,670
down €15,670 (-46.3%), from €33,844 to €18,174
- Gross operating margin -€21,308
down €21,308 (-49.8%), from €42,771 to €21,463
- Other operating charges +€18,656
up €18,656 (+4,365%), from €427 to €19,083
- Taxes +€7,386
up €7,386 (+86.9%), from €8,500 to €15,886
- Depreciation +€2,157
new in 2025: €2,157
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 | €46,258 | €101,554 | +€55,296 | +120% |
| Fixed assets | 21/28 | - | €21,527 | +€21,527 | |
| Tangible fixed assets | 22/27 | - | €21,527 | +€21,527 | |
| Plant, machinery and equipment | 23 | - | €17,517 | +€17,517 | |
| Furniture and vehicles | 24 | - | €4,010 | +€4,010 | |
| Current assets | 29/58 | €46,258 | €80,027 | +€33,769 | +73.0% |
| Amounts receivable within one year | 40/41 | €22,258 | €60,942 | +€38,684 | +174% |
| Trade receivables | 40 | €22,000 | €48,027 | +€26,027 | +118% |
| Other amounts receivable | 41 | €258 | €12,915 | +€12,657 | +4,904% |
| Current investments | 50/53 | - | €5,091 | +€5,091 | |
| Cash at bank and in hand | 54/58 | €24,000 | €13,994 | -€10,006 | -41.7% |
| Total equity and liabilities | 10/49 | €46,258 | €101,554 | +€55,296 | +120% |
| Equity | 10/15 | €35,844 | €20,174 | -€15,670 | -43.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,844 | €18,174 | -€15,670 | -46.3% |
| Amounts payable | 17/49 | €10,415 | €81,380 | +€70,966 | +681% |
| Amounts payable within one year | 42/48 | €10,415 | €81,380 | +€70,966 | +681% |
| Trade debts | 44 | €1,915 | €56,244 | +€54,329 | +2,838% |
| Suppliers | 440/4 | €1,915 | €56,244 | +€54,329 | +2,838% |
| Taxes, remuneration and social security | 45 | €8,500 | €25,136 | +€16,636 | +196% |
| Taxes | 450/3 | €8,500 | €25,136 | +€16,636 | +196% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,157 | +€2,157 | |
| Other operating charges | 640/8 | €427 | €19,083 | +€18,656 | +4,365% |
| Gross operating margin | 9900 | €42,771 | €21,463 | -€21,308 | -49.8% |
| Operating profit (loss) | 9901 | €42,344 | €223 | -€42,121 | -99.5% |
| Financial income | 75/76B | - | €288 | +€288 | |
| Recurring financial income | 75 | - | €288 | +€288 | |
| Financial charges | 65/66B | - | €294 | +€294 | |
| Recurring financial charges | 65 | - | €294 | +€294 | |
| Profit (loss) for the period before taxes | 9903 | €42,344 | €217 | -€42,127 | -99.5% |
| Income taxes | 67/77 | €8,500 | €15,886 | +€7,386 | +86.9% |
| Profit (loss) for the period | 9904 | €33,844 | -€15,670 | -€49,513 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,844 | -€15,670 | -€49,513 |
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.