NJTN: 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.
NJTN
Largest movements
- Receivables within one year +€7,231
up €7,231 (+197%), from €3,671 to €10,902
of which Trade receivables: +€7,204
- Deferred charges and accrued income -€2,876
down €2,876 (-89.0%), from €3,232 to €356
- Cash -€2,494
down €2,494 (-43.7%), from €5,712 to €3,218
mainly Receivables within one year (-€7,231) and Investment in fixed assets (net) (-€7,073)
- Tangible fixed assets -€576
down €576 (-2.3%), from €25,014 to €24,438
of which Plant, machinery and equipment: -€2,136
- Reserves +€9,000
up €9,000 (+129%), from €7,000 to €16,000
- Other debts -€6,605
down €6,605 (-75.0%), from €8,807 to €2,202
- Debts after one year -€3,706
down €3,706 (-56.2%), from €6,600 to €2,894
- Trade debts +€2,241
up €2,241 (+176%), from €1,273 to €3,514
- Profit (loss) carried forward +€702
up €702 (+1,080%), from €65 to €767
- Turnover +€20,853
up €20,853 (+77.2%), from €27,010 to €47,863
- Gross operating margin +€17,647
up €17,647 (+267%), from €6,620 to €24,267
- Taxes +€4,840
new in 2025: €4,840
- Purchases and services +€3,207
up €3,207 (+15.7%), from €20,390 to €23,597
- Depreciation +€1,317
up €1,317 (+20.8%), from €6,332 to €7,649
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 | €37,629 | €38,914 | +€1,285 | +3.4% |
| Fixed assets | 21/28 | €25,014 | €24,438 | -€576 | -2.3% |
| Tangible fixed assets | 22/27 | €25,014 | €24,438 | -€576 | -2.3% |
| Plant, machinery and equipment | 23 | €13,476 | €11,340 | -€2,136 | -15.9% |
| Furniture and vehicles | 24 | €11,538 | €13,098 | +€1,560 | +13.5% |
| Current assets | 29/58 | €12,615 | €14,476 | +€1,861 | +14.8% |
| Amounts receivable within one year | 40/41 | €3,671 | €10,902 | +€7,231 | +197% |
| Trade receivables | 40 | €3,079 | €10,283 | +€7,204 | +234% |
| Other amounts receivable | 41 | €592 | €619 | +€27 | +4.6% |
| Cash at bank and in hand | 54/58 | €5,712 | €3,218 | -€2,494 | -43.7% |
| Deferred charges and accrued income | 490/1 | €3,232 | €356 | -€2,876 | -89.0% |
| Total equity and liabilities | 10/49 | €37,629 | €38,914 | +€1,285 | +3.4% |
| Equity | 10/15 | €12,065 | €21,767 | +€9,702 | +80.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €16,000 | +€9,000 | +129% |
| Distributable reserves | 133 | €7,000 | €16,000 | +€9,000 | +129% |
| Profit (loss) carried forward | 14 | €65 | €767 | +€702 | +1,080% |
| Amounts payable | 17/49 | €25,564 | €17,147 | -€8,417 | -32.9% |
| Amounts payable after more than one year | 17 | €6,600 | €2,894 | -€3,706 | -56.2% |
| Financial debts | 170/4 | €6,600 | €2,894 | -€3,706 | -56.2% |
| Amounts payable within one year | 42/48 | €18,964 | €14,253 | -€4,711 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €3,539 | €3,706 | +€167 | +4.7% |
| Trade debts | 44 | €1,273 | €3,514 | +€2,241 | +176% |
| Suppliers | 440/4 | €1,273 | €3,514 | +€2,241 | +176% |
| Taxes, remuneration and social security | 45 | €5,345 | €4,831 | -€514 | -9.6% |
| Taxes | 450/3 | €5,345 | €4,831 | -€514 | -9.6% |
| Other amounts payable | 47/48 | €8,807 | €2,202 | -€6,605 | -75.0% |
| Turnover | 70 | €27,010 | €47,863 | +€20,853 | +77.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,390 | €23,597 | +€3,207 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,332 | €7,649 | +€1,317 | +20.8% |
| Other operating charges | 640/8 | €784 | €1,639 | +€855 | +109% |
| Gross operating margin | 9900 | €6,620 | €24,267 | +€17,647 | +267% |
| Operating profit (loss) | 9901 | -€496 | €14,979 | +€15,475 | |
| Financial charges | 65/66B | €296 | €437 | +€141 | +47.6% |
| Recurring financial charges | 65 | €296 | €437 | +€141 | +47.6% |
| Profit (loss) for the period before taxes | 9903 | -€792 | €14,542 | +€15,334 | |
| Income taxes | 67/77 | - | €4,840 | +€4,840 | |
| Profit (loss) for the period | 9904 | -€792 | €9,702 | +€10,494 | |
| Profit (loss) for the period to be appropriated | 9905 | -€792 | €9,702 | +€10,494 |
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 24 October 2026 via checked.be.