SJ-TECH: 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.
SJ-TECH
Largest movements
- Tangible fixed assets -€18,959
down €18,959 (-30.3%), from €62,606 to €43,648
of which Furniture and vehicles: -€10,560
- Cash +€16,757
up €16,757 (+90.3%), from €18,561 to €35,318
mainly Depreciation (+€18,959) and Trade debts (+€12,831)
- Receivables within one year -€3,527
down €3,527 (-11.2%), from €31,427 to €27,899
of which Trade receivables: -€15,960
- Trade debts +€12,831
up €12,831 (+286.2%), from €4,483 to €17,314
- Current portion of long-term debt -€10,251
down €10,251 (-86.0%), from €11,914 to €1,663
- Tax, wage and social debts -€8,145
down €8,145 (-40.9%), from €19,892 to €11,747
of which Taxes: -€4,313
- Purchases and services -€20,204
down €20,204 (-14.5%), from €139,562 to €119,358
- Depreciation +€10,821
up €10,821 (+133.0%), from €8,137 to €18,959
- Gross operating margin -€9,944
down €9,944 (-31.3%), from €31,819 to €21,874
- Taxes -€3,537
down €3,537 (-98.0%), from €3,608 to €71
- Staff costs -€3,447
no longer reported in 2025 (was €3,447)
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 | €112,594 | €106,865 | -€5,729 | -5.1% |
| Fixed assets | 21/28 | €62,606 | €43,648 | -€18,959 | -30.3% |
| Tangible fixed assets | 22/27 | €62,606 | €43,648 | -€18,959 | -30.3% |
| Plant, machinery and equipment | 23 | €3,598 | €1,948 | -€1,650 | -45.9% |
| Furniture and vehicles | 24 | €25,838 | €15,278 | -€10,560 | -40.9% |
| Leasing and similar rights | 25 | €33,171 | €26,422 | -€6,749 | -20.3% |
| Current assets | 29/58 | €49,987 | €63,217 | +€13,230 | +26.5% |
| Amounts receivable within one year | 40/41 | €31,427 | €27,899 | -€3,527 | -11.2% |
| Trade receivables | 40 | €21,907 | €5,948 | -€15,960 | -72.9% |
| Other amounts receivable | 41 | €9,519 | €21,952 | +€12,432 | +130.6% |
| Cash at bank and in hand | 54/58 | €18,561 | €35,318 | +€16,757 | +90.3% |
| Total equity and liabilities | 10/49 | €112,594 | €106,865 | -€5,729 | -5.1% |
| Equity | 10/15 | €40,511 | €40,797 | +€285 | +0.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,511 | €25,797 | +€285 | +1.1% |
| Amounts payable | 17/49 | €72,082 | €66,068 | -€6,014 | -8.3% |
| Amounts payable after more than one year | 17 | €35,793 | €35,344 | -€449 | -1.3% |
| Financial debts | 170/4 | €35,793 | €35,344 | -€449 | -1.3% |
| Amounts payable within one year | 42/48 | €36,289 | €30,724 | -€5,565 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €11,914 | €1,663 | -€10,251 | -86.0% |
| Trade debts | 44 | €4,483 | €17,314 | +€12,831 | +286.2% |
| Suppliers | 440/4 | €4,483 | €17,314 | +€12,831 | +286.2% |
| Taxes, remuneration and social security | 45 | €19,892 | €11,747 | -€8,145 | -40.9% |
| Taxes | 450/3 | €9,380 | €5,067 | -€4,313 | -46.0% |
| Remuneration and social security | 454/9 | €10,513 | €6,680 | -€3,833 | -36.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €139,562 | €119,358 | -€20,204 | -14.5% |
| Remuneration, social security and pensions | 62 | €3,447 | - | -€3,447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,137 | €18,959 | +€10,821 | +133.0% |
| Other operating charges | 640/8 | €180 | €474 | +€293 | +162.9% |
| Non-recurring operating charges | 66A | - | €509 | +€509 | |
| Gross operating margin | 9900 | €31,819 | €21,874 | -€9,944 | -31.3% |
| Operating profit (loss) | 9901 | €20,054 | €1,933 | -€18,121 | -90.4% |
| Financial charges | 65/66B | €716 | €1,576 | +€860 | +120.0% |
| Recurring financial charges | 65 | €716 | €1,576 | +€860 | +120.0% |
| Profit (loss) for the period before taxes | 9903 | €19,337 | €357 | -€18,981 | -98.2% |
| Income taxes | 67/77 | €3,608 | €71 | -€3,537 | -98.0% |
| Profit (loss) for the period | 9904 | €15,729 | €285 | -€15,444 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,729 | €285 | -€15,444 | -98.2% |
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 1 October 2026 via checked.be.