NJTECH: 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.
NJTECH
Largest movements
- Receivables after one year -€33,600
no longer reported in 2025 (was €33,600)
- Cash +€26,400
up €26,400 (+29.2%), from €90,420 to €116,820
mainly Receivables after one year (+€33,600) and Net result for the year (+€23,755)
- Tangible fixed assets -€18,462
down €18,462 (-31.8%), from €58,022 to €39,560
of which Leasing and similar rights: -€10,762
- Trade debts -€38,498
down €38,498 (-88.5%), from €43,521 to €5,023
- Other debts +€17,618
up €17,618 (+76.8%), from €22,950 to €40,568
- Profit (loss) carried forward +€9,940
up €9,940 (+10.9%), from €91,456 to €101,396
- Reserves -€9,935
down €9,935 (-58.9%), from €16,855 to €6,920
of which Distributable reserves: -€9,935
- Debts after one year -€6,600
down €6,600 (-47.1%), from €14,024 to €7,424
- Financial income -€3,753
no longer reported in 2025 (was €3,753)
- Gross operating margin -€2,292
down €2,292 (-4.7%), from €49,267 to €46,975
- Depreciation -€1,396
down €1,396 (-7.5%), from €18,703 to €17,307
- Other operating charges -€516
down €516 (-56.3%), from €916 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 | €205,407 | €181,531 | -€23,876 | -11.6% |
| Fixed assets | 21/28 | €58,247 | €39,785 | -€18,462 | -31.7% |
| Tangible fixed assets | 22/27 | €58,022 | €39,560 | -€18,462 | -31.8% |
| Leasing and similar rights | 25 | €19,696 | €8,934 | -€10,762 | -54.6% |
| Other tangible fixed assets | 26 | €38,327 | €30,627 | -€7,700 | -20.1% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €147,160 | €141,745 | -€5,415 | -3.7% |
| Amounts receivable after more than one year | 29 | €33,600 | - | -€33,600 | |
| Other amounts receivable | 291 | €33,600 | - | -€33,600 | |
| Amounts receivable within one year | 40/41 | €21,708 | €23,399 | +€1,691 | +7.8% |
| Trade receivables | 40 | €19,661 | €23,399 | +€3,739 | +19.0% |
| Other amounts receivable | 41 | €2,047 | - | -€2,047 | |
| Cash at bank and in hand | 54/58 | €90,420 | €116,820 | +€26,400 | +29.2% |
| Deferred charges and accrued income | 490/1 | €1,432 | €1,526 | +€94 | +6.5% |
| Total equity and liabilities | 10/49 | €205,407 | €181,531 | -€23,876 | -11.6% |
| Equity | 10/15 | €111,311 | €111,316 | +€5 | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €3,000 | - | -€3,000 | |
| Reserves | 13 | €16,855 | €6,920 | -€9,935 | -58.9% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | - | -€1,855 | |
| Other | 1319 | - | €1,855 | +€1,855 | |
| Distributable reserves | 133 | €15,000 | €5,065 | -€9,935 | -66.2% |
| Profit (loss) carried forward | 14 | €91,456 | €101,396 | +€9,940 | +10.9% |
| Amounts payable | 17/49 | €94,096 | €70,214 | -€23,881 | -25.4% |
| Amounts payable after more than one year | 17 | €14,024 | €7,424 | -€6,600 | -47.1% |
| Financial debts | 170/4 | €14,024 | €7,424 | -€6,600 | -47.1% |
| Amounts payable within one year | 42/48 | €80,072 | €62,790 | -€17,281 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €8,433 | €7,610 | -€823 | -9.8% |
| Trade debts | 44 | €43,521 | €5,023 | -€38,498 | -88.5% |
| Suppliers | 440/4 | €43,521 | €5,023 | -€38,498 | -88.5% |
| Taxes, remuneration and social security | 45 | €5,168 | €9,589 | +€4,421 | +85.5% |
| Taxes | 450/3 | €5,168 | €9,589 | +€4,421 | +85.5% |
| Other amounts payable | 47/48 | €22,950 | €40,568 | +€17,618 | +76.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,703 | €17,307 | -€1,396 | -7.5% |
| Other operating charges | 640/8 | €916 | €400 | -€516 | -56.3% |
| Gross operating margin | 9900 | €49,267 | €46,975 | -€2,292 | -4.7% |
| Operating profit (loss) | 9901 | €29,648 | €29,268 | -€380 | -1.3% |
| Financial income | 75/76B | €3,753 | - | -€3,753 | |
| Recurring financial income | 75 | €3,753 | - | -€3,753 | |
| Financial charges | 65/66B | €521 | €513 | -€8 | -1.6% |
| Recurring financial charges | 65 | €521 | €513 | -€8 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €32,880 | €28,755 | -€4,125 | -12.5% |
| Income taxes | 67/77 | €5,135 | €5,000 | -€135 | -2.6% |
| Profit (loss) for the period | 9904 | €27,744 | €23,755 | -€3,989 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,744 | €23,755 | -€3,989 | -14.4% |
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.