SJ TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year -€14,052
down €14,052 (-45.4%), from €30,962 to €16,910
of which Trade receivables: -€11,956
- Cash +€9,714
up €9,714 (+42.6%), from €22,797 to €32,512
mainly Receivables within one year (+€14,052) and Depreciation (+€8,339)
- Tangible fixed assets -€7,818
down €7,818 (-29.1%), from €26,846 to €19,028
of which Furniture and vehicles: -€7,651
- Deferred charges and accrued income +€2,374
up €2,374 (+697.2%), from €341 to €2,715
- Debts after one year -€7,615
down €7,615 (-47.2%), from €16,147 to €8,532
- Trade debts -€4,029
down €4,029 (-66.1%), from €6,094 to €2,065
- Profit (loss) carried forward +€2,292
up €2,292 (+7.4%), from €30,950 to €33,242
- Tax, wage and social debts -€1,109
down €1,109 (-39.9%), from €2,782 to €1,672
of which Remuneration and social security: -€814
- Gross operating margin -€4,878
down €4,878 (-24.2%), from €20,193 to €15,316
- Taxes -€1,496
down €1,496 (-51.1%), from €2,928 to €1,431
- Financial charges -€221
down €221 (-23.1%), from €958 to €736
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 | €80,946 | €71,165 | -€9,781 | -12.1% |
| Fixed assets | 21/28 | €26,846 | €19,028 | -€7,818 | -29.1% |
| Tangible fixed assets | 22/27 | €26,846 | €19,028 | -€7,818 | -29.1% |
| Plant, machinery and equipment | 23 | €542 | €691 | +€149 | +27.5% |
| Furniture and vehicles | 24 | €23,436 | €15,785 | -€7,651 | -32.6% |
| Other tangible fixed assets | 26 | €2,867 | €2,552 | -€315 | -11.0% |
| Current assets | 29/58 | €54,100 | €52,137 | -€1,963 | -3.6% |
| Amounts receivable within one year | 40/41 | €30,962 | €16,910 | -€14,052 | -45.4% |
| Trade receivables | 40 | €22,302 | €10,346 | -€11,956 | -53.6% |
| Other amounts receivable | 41 | €8,660 | €6,564 | -€2,096 | -24.2% |
| Cash at bank and in hand | 54/58 | €22,797 | €32,512 | +€9,714 | +42.6% |
| Deferred charges and accrued income | 490/1 | €341 | €2,715 | +€2,374 | +697.2% |
| Total equity and liabilities | 10/49 | €80,946 | €71,165 | -€9,781 | -12.1% |
| Equity | 10/15 | €46,950 | €49,242 | +€2,292 | +4.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,950 | €33,242 | +€2,292 | +7.4% |
| Amounts payable | 17/49 | €33,996 | €21,923 | -€12,073 | -35.5% |
| Amounts payable after more than one year | 17 | €16,147 | €8,532 | -€7,615 | -47.2% |
| Financial debts | 170/4 | €16,147 | €8,532 | -€7,615 | -47.2% |
| Amounts payable within one year | 42/48 | €17,849 | €13,391 | -€4,458 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €7,372 | €7,615 | +€243 | +3.3% |
| Trade debts | 44 | €6,094 | €2,065 | -€4,029 | -66.1% |
| Suppliers | 440/4 | €6,094 | €2,065 | -€4,029 | -66.1% |
| Taxes, remuneration and social security | 45 | €2,782 | €1,672 | -€1,109 | -39.9% |
| Taxes | 450/3 | €1,967 | €1,672 | -€295 | -15.0% |
| Remuneration and social security | 454/9 | €814 | €0 | -€814 | -100.0% |
| Other amounts payable | 47/48 | €1,600 | €2,038 | +€438 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,207 | €8,339 | +€132 | +1.6% |
| Other operating charges | 640/8 | €631 | €651 | +€20 | +3.1% |
| Gross operating margin | 9900 | €20,193 | €15,316 | -€4,878 | -24.2% |
| Operating profit (loss) | 9901 | €11,355 | €6,326 | -€5,029 | -44.3% |
| Financial income | 75/76B | €88 | €172 | +€84 | +94.5% |
| Recurring financial income | 75 | €88 | €172 | +€84 | +94.5% |
| Financial charges | 65/66B | €958 | €736 | -€221 | -23.1% |
| Recurring financial charges | 65 | €958 | €736 | -€221 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €10,486 | €5,762 | -€4,725 | -45.1% |
| Income taxes | 67/77 | €2,928 | €1,431 | -€1,496 | -51.1% |
| Profit (loss) for the period | 9904 | €7,558 | €4,330 | -€3,228 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,558 | €4,330 | -€3,228 | -42.7% |
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 8 October 2026 via checked.be.