PJ Technics: 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.
PJ Technics
Largest movements
- Tangible fixed assets -€4,379
down €4,379 (-22.8%), from €19,170 to €14,792
of which Leasing and similar rights: -€4,743
- Receivables within one year -€1,679
down €1,679 (-20.7%), from €8,109 to €6,430
of which Trade receivables: -€1,632
- Current investments -€884
down €884 (-50.3%), from €1,757 to €873
- Deferred charges and accrued income -€494
no longer reported in 2025 (was €494)
- Debts after one year -€5,234
down €5,234 (-42.2%), from €12,398 to €7,164
- Tax, wage and social debts -€2,502
down €2,502 (-38.6%), from €6,489 to €3,987
- Profit (loss) carried forward -€1,998
down €1,998 (-96.7%), from -€2,067 to -€4,065
- Accrued charges and deferred income +€1,289
new in 2025: €1,289
- Other debts +€570
up €570 (+20.1%), from €2,839 to €3,409
- Gross operating margin -€349
down €349 (-1.9%), from €18,117 to €17,767
- Other operating charges -€319
down €319 (-2.8%), from €11,276 to €10,957
- Depreciation -€206
down €206 (-2.8%), from €7,407 to €7,201
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 | €36,974 | €29,320 | -€7,654 | -20.7% |
| Fixed assets | 21/28 | €19,170 | €14,792 | -€4,379 | -22.8% |
| Tangible fixed assets | 22/27 | €19,170 | €14,792 | -€4,379 | -22.8% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €3,786 | €4,139 | +€353 | +9.3% |
| Furniture and vehicles | 24 | €3,377 | €3,388 | +€11 | +0.3% |
| Leasing and similar rights | 25 | €12,007 | €7,264 | -€4,743 | -39.5% |
| Current assets | 29/58 | €17,803 | €14,528 | -€3,275 | -18.4% |
| Amounts receivable within one year | 40/41 | €8,109 | €6,430 | -€1,679 | -20.7% |
| Trade receivables | 40 | €5,797 | €4,165 | -€1,632 | -28.2% |
| Other amounts receivable | 41 | €2,312 | €2,266 | -€47 | -2.0% |
| Current investments | 50/53 | €1,757 | €873 | -€884 | -50.3% |
| Cash at bank and in hand | 54/58 | €7,443 | €7,225 | -€219 | -2.9% |
| Deferred charges and accrued income | 490/1 | €494 | - | -€494 | |
| Total equity and liabilities | 10/49 | €36,974 | €29,320 | -€7,654 | -20.7% |
| Equity | 10/15 | €14,089 | €12,091 | -€1,998 | -14.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €9,955 | €9,955 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,127 | €1,127 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,127 | €1,127 | = | 0.0% |
| Distributable reserves | 133 | €8,828 | €8,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,067 | -€4,065 | -€1,998 | -96.7% |
| Amounts payable | 17/49 | €22,885 | €17,229 | -€5,656 | -24.7% |
| Amounts payable after more than one year | 17 | €12,398 | €7,164 | -€5,234 | -42.2% |
| Financial debts | 170/4 | €12,398 | €7,164 | -€5,234 | -42.2% |
| Amounts payable within one year | 42/48 | €10,487 | €8,776 | -€1,712 | -16.3% |
| Trade debts | 44 | €1,160 | €1,380 | +€220 | +19.0% |
| Suppliers | 440/4 | €1,160 | €1,380 | +€220 | +19.0% |
| Taxes, remuneration and social security | 45 | €6,489 | €3,987 | -€2,502 | -38.6% |
| Taxes | 450/3 | €6,489 | €3,987 | -€2,502 | -38.6% |
| Other amounts payable | 47/48 | €2,839 | €3,409 | +€570 | +20.1% |
| Accrued charges and deferred income | 492/3 | - | €1,289 | +€1,289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,407 | €7,201 | -€206 | -2.8% |
| Other operating charges | 640/8 | €11,276 | €10,957 | -€319 | -2.8% |
| Gross operating margin | 9900 | €18,117 | €17,767 | -€349 | -1.9% |
| Operating profit (loss) | 9901 | -€566 | -€390 | +€176 | +31.1% |
| Financial income | 75/76B | €23 | €18 | -€5 | -23.8% |
| Recurring financial income | 75 | €23 | €18 | -€5 | -23.8% |
| Financial charges | 65/66B | €831 | €886 | +€55 | +6.6% |
| Recurring financial charges | 65 | €831 | €886 | +€55 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,374 | -€1,258 | +€116 | +8.4% |
| Income taxes | 67/77 | €693 | €740 | +€47 | +6.8% |
| Profit (loss) for the period | 9904 | -€2,067 | -€1,998 | +€69 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,067 | -€1,998 | +€69 | +3.3% |
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 10 October 2026 via checked.be.