NTJK: what changed
Two fiscal 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.
NTJK
Largest movements
- Cash +€53,177
up €53,177 (+63.1%), from €84,214 to €137,391
mainly Other debts (+€92,200) and Net result for the year (+€55,721)
- Other debts +€92,200
new in 2025: €92,200
- Reserves -€52,750
down €52,750 (-78.4%), from €67,293 to €14,543
- Tax, wage and social debts +€14,102
up €14,102 (+80.2%), from €17,586 to €31,689
- Gross operating margin +€31,294
up €31,294 (+76.6%), from €40,879 to €72,173
- Taxes +€6,460
up €6,460 (+81.8%), from €7,899 to €14,359
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.
Cash bridge derived
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 | €87,475 | €140,725 | +€53,250 | +60.9% |
| Fixed assets | 21/28 | €3,260 | €3,334 | +€73 | +2.2% |
| Tangible fixed assets | 22/27 | €3,260 | €3,334 | +€73 | +2.2% |
| Furniture and vehicles | 24 | €3,260 | €3,334 | +€73 | +2.2% |
| Current assets | 29/58 | €84,214 | €137,391 | +€53,177 | +63.1% |
| Cash at bank and in hand | 54/58 | €84,214 | €137,391 | +€53,177 | +63.1% |
| Total equity and liabilities | 10/49 | €87,475 | €140,725 | +€53,250 | +60.9% |
| Equity | 10/15 | €68,293 | €15,543 | -€52,750 | -77.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €67,293 | €14,543 | -€52,750 | -78.4% |
| Distributable reserves | 133 | €67,293 | €14,543 | -€52,750 | -78.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,182 | €125,182 | +€106,000 | +552.6% |
| Amounts payable within one year | 42/48 | €18,414 | €125,182 | +€106,768 | +579.8% |
| Trade debts | 44 | €828 | €1,293 | +€465 | +56.2% |
| Suppliers | 440/4 | €828 | €1,293 | +€465 | +56.2% |
| Taxes, remuneration and social security | 45 | €17,586 | €31,689 | +€14,102 | +80.2% |
| Taxes | 450/3 | €17,586 | €31,689 | +€14,102 | +80.2% |
| Other amounts payable | 47/48 | - | €92,200 | +€92,200 | |
| Accrued charges and deferred income | 492/3 | €768 | €0 | -€768 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,369 | €1,613 | +€243 | +17.8% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €40,879 | €72,173 | +€31,294 | +76.6% |
| Operating profit (loss) | 9901 | €39,510 | €70,161 | +€30,651 | +77.6% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €83 | €81 | -€2 | -2.4% |
| Recurring financial charges | 65 | €83 | €81 | -€2 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €39,430 | €70,080 | +€30,650 | +77.7% |
| Income taxes | 67/77 | €7,899 | €14,359 | +€6,460 | +81.8% |
| Profit (loss) for the period | 9904 | €31,531 | €55,721 | +€24,190 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,531 | €55,721 | +€24,190 | +76.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.