BB-JDS: 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.
BB-JDS
Largest movements
- Tangible fixed assets -€35,409
down €35,409 (-1.7%), from €2.1m to €2.1m
of which Land and buildings: -€69,847
- Debts after one year +€381,285
up €381,285 (+140.8%), from €270,810 to €652,095
of which Financial debts: +€380,000
- Other debts -€277,045
down €277,045 (-69.3%), from €399,769 to €122,725
- Profit (loss) carried forward -€106,214
down €106,214 (-69.4%), from -€153,052 to -€259,266
- Depreciation +€32,822
up €32,822 (+46.9%), from €70,030 to €102,852
- Gross operating margin +€24,653
up €24,653, from -€11,403 to €13,250
- Financial charges +€3,529
up €3,529 (+49.1%), from €7,183 to €10,711
- Other operating charges +€848
up €848 (+16.8%), from €5,035 to €5,883
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 | €2,161,476 | €2,156,897 | -€4,579 | -0.2% |
| Formation expenses | 20 | €3,087 | €2,399 | -€688 | -22.3% |
| Fixed assets | 21/28 | €2,142,659 | €2,106,521 | -€36,138 | -1.7% |
| Tangible fixed assets | 22/27 | €2,141,930 | €2,106,521 | -€35,409 | -1.7% |
| Land and buildings | 22 | €2,084,762 | €2,014,914 | -€69,847 | -3.4% |
| Plant, machinery and equipment | 23 | €10,130 | €26,427 | +€16,298 | +160.9% |
| Furniture and vehicles | 24 | €47,038 | €65,179 | +€18,141 | +38.6% |
| Financial fixed assets | 28 | €729 | - | -€729 | |
| Current assets | 29/58 | €15,730 | €47,977 | +€32,247 | +205.0% |
| Stocks and contracts in progress | 3 | - | €20,000 | +€20,000 | |
| Contracts in progress | 37 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €7,033 | €5,049 | -€1,984 | -28.2% |
| Trade receivables | 40 | €1,928 | €2,096 | +€168 | +8.7% |
| Other amounts receivable | 41 | €5,105 | €2,953 | -€2,152 | -42.2% |
| Cash at bank and in hand | 54/58 | €8,281 | €20,988 | +€12,707 | +153.4% |
| Deferred charges and accrued income | 490/1 | €416 | €1,940 | +€1,524 | +366.8% |
| Total equity and liabilities | 10/49 | €2,161,476 | €2,156,897 | -€4,579 | -0.2% |
| Equity | 10/15 | €1,467,033 | €1,360,820 | -€106,214 | -7.2% |
| Contributions | 10/11 | €1,619,983 | €1,619,983 | = | 0.0% |
| Reserves | 13 | €103 | €103 | = | 0.0% |
| Distributable reserves | 133 | €103 | €103 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€153,052 | -€259,266 | -€106,214 | -69.4% |
| Amounts payable | 17/49 | €694,443 | €796,077 | +€101,635 | +14.6% |
| Amounts payable after more than one year | 17 | €270,810 | €652,095 | +€381,285 | +140.8% |
| Financial debts | 170/4 | €270,000 | €650,000 | +€380,000 | +140.7% |
| Other amounts payable | 178/9 | €810 | €2,095 | +€1,285 | +158.7% |
| Amounts payable within one year | 42/48 | €423,334 | €143,967 | -€279,367 | -66.0% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €3,490 | €760 | -€2,729 | -78.2% |
| Suppliers | 440/4 | €3,490 | €760 | -€2,729 | -78.2% |
| Taxes, remuneration and social security | 45 | €75 | €482 | +€407 | +541.0% |
| Taxes | 450/3 | €75 | €482 | +€407 | +541.0% |
| Other amounts payable | 47/48 | €399,769 | €122,725 | -€277,045 | -69.3% |
| Accrued charges and deferred income | 492/3 | €298 | €15 | -€284 | -95.1% |
| Non-recurring operating income | 76A | - | €4,307 | +€4,307 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,030 | €102,852 | +€32,822 | +46.9% |
| Other operating charges | 640/8 | €5,035 | €5,883 | +€848 | +16.8% |
| Gross operating margin | 9900 | -€11,403 | €13,250 | +€24,653 | |
| Operating profit (loss) | 9901 | -€86,468 | -€95,484 | -€9,016 | -10.4% |
| Financial income | 75/76B | €48 | €1 | -€47 | -98.9% |
| Recurring financial income | 75 | €48 | €1 | -€47 | -98.9% |
| Financial charges | 65/66B | €7,183 | €10,711 | +€3,529 | +49.1% |
| Recurring financial charges | 65 | €7,183 | €10,711 | +€3,529 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | -€93,603 | -€106,195 | -€12,592 | -13.5% |
| Income taxes | 67/77 | - | €19 | +€19 | |
| Profit (loss) for the period | 9904 | -€93,603 | -€106,214 | -€12,611 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,603 | -€106,214 | -€12,611 | -13.5% |
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 6 October 2026 via checked.be.