T&J INVEST: 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.
T&J INVEST
Largest movements
- Receivables within one year -€21,951
down €21,951 (-79.5%), from €27,610 to €5,660
of which Other amounts receivable: -€26,413
- Cash -€13,566
down €13,566 (-93.9%), from €14,442 to €877
mainly Investment in fixed assets (net) (-€32,370) and Debts after one year (-€29,912)
- Debts after one year -€29,912
down €29,912 (-6.0%), from €496,905 to €466,993
- Profit (loss) carried forward -€26,430
down €26,430 (-71.0%), from -€37,216 to -€63,646
- Other debts +€20,517
up €20,517 (+7.5%), from €272,602 to €293,119
- Depreciation -€17,377
down €17,377 (-34.1%), from €50,900 to €33,523
- Financial charges +€12,074
up €12,074 (+61.0%), from €19,782 to €31,857
- Gross operating margin +€4,473
up €4,473 (+12.0%), from €37,273 to €41,745
- Other operating charges +€1,527
up €1,527 (+120%), from €1,269 to €2,796
- Financial income -€853
down €853 (-100%), from €853 to €0
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 | €834,476 | €799,725 | -€34,751 | -4.2% |
| Fixed assets | 21/28 | €792,423 | €791,270 | -€1,153 | -0.1% |
| Tangible fixed assets | 22/27 | €792,423 | €791,270 | -€1,153 | -0.1% |
| Land and buildings | 22 | €566,593 | €791,270 | +€224,677 | +39.7% |
| Assets under construction and advance payments | 27 | €225,830 | €0 | -€225,830 | -100% |
| Current assets | 29/58 | €42,053 | €8,454 | -€33,598 | -79.9% |
| Amounts receivable within one year | 40/41 | €27,610 | €5,660 | -€21,951 | -79.5% |
| Trade receivables | 40 | €594 | €5,056 | +€4,462 | +752% |
| Other amounts receivable | 41 | €27,017 | €604 | -€26,413 | -97.8% |
| Cash at bank and in hand | 54/58 | €14,442 | €877 | -€13,566 | -93.9% |
| Deferred charges and accrued income | 490/1 | - | €1,918 | +€1,918 | |
| Total equity and liabilities | 10/49 | €834,476 | €799,725 | -€34,751 | -4.2% |
| Equity | 10/15 | €19,415 | -€7,015 | -€26,430 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,431 | €50,431 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €26,135 | €26,135 | = | 0.0% |
| Distributable reserves | 133 | €24,296 | €24,296 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,216 | -€63,646 | -€26,430 | -71.0% |
| Amounts payable | 17/49 | €815,061 | €806,739 | -€8,321 | -1.0% |
| Amounts payable after more than one year | 17 | €496,905 | €466,993 | -€29,912 | -6.0% |
| Financial debts | 170/4 | €496,905 | €466,993 | -€29,912 | -6.0% |
| Amounts payable within one year | 42/48 | €318,156 | €339,746 | +€21,591 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €44,470 | €44,237 | -€233 | -0.5% |
| Trade debts | 44 | €1,083 | €375 | -€709 | -65.4% |
| Suppliers | 440/4 | €1,083 | €375 | -€709 | -65.4% |
| Taxes, remuneration and social security | 45 | €0 | €2,015 | +€2,015 | |
| Taxes | 450/3 | €0 | €2,015 | +€2,015 | |
| Other amounts payable | 47/48 | €272,602 | €293,119 | +€20,517 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,900 | €33,523 | -€17,377 | -34.1% |
| Other operating charges | 640/8 | €1,269 | €2,796 | +€1,527 | +120% |
| Gross operating margin | 9900 | €37,273 | €41,745 | +€4,473 | +12.0% |
| Operating profit (loss) | 9901 | -€14,897 | €5,427 | +€20,323 | |
| Financial income | 75/76B | €853 | €0 | -€853 | -100% |
| Recurring financial income | 75 | €853 | €0 | -€853 | -100% |
| Financial charges | 65/66B | €19,782 | €31,857 | +€12,074 | +61.0% |
| Recurring financial charges | 65 | €19,782 | €31,857 | +€12,074 | +61.0% |
| Profit (loss) for the period before taxes | 9903 | -€33,825 | -€26,430 | +€7,395 | +21.9% |
| Profit (loss) for the period | 9904 | -€33,825 | -€26,430 | +€7,395 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,825 | -€26,430 | +€7,395 | +21.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.