Claude JOBE: 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.
Claude JOBE
Largest movements
- Receivables within one year +€683,918
up €683,918 (+208%), from €328,375 to €1.0m
of which Other amounts receivable: +€503,221
- Current investments -€250,000
down €250,000 (-100%), from €250,000 to €0
- Cash -€201,944
down €201,944 (-63.0%), from €320,392 to €118,448
mainly Receivables within one year (-€683,918) and Contributions, distributions and other (-€138,000)
- Tangible fixed assets -€14,645
down €14,645 (-39.6%), from €36,955 to €22,310
of which Plant, machinery and equipment: -€10,169
- Trade debts +€100,063
up €100,063 (+62.5%), from €160,000 to €260,062
- Other debts +€95,000
up €95,000 (+221%), from €43,000 to €138,000
- Tax, wage and social debts +€22,322
up €22,322 (+113%), from €19,750 to €42,073
of which Taxes: +€28,808
- Staff costs -€99,839
down €99,839 (-25.7%), from €387,820 to €287,981
- Gross operating margin -€14,259
down €14,259 (-3.1%), from €455,754 to €441,495
- Depreciation -€11,521
down €11,521 (-44.0%), from €26,166 to €14,645
- Financial income -€4,687
down €4,687 (-67.2%), from €6,972 to €2,285
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 | €980,759 | €1,197,468 | +€216,709 | +22.1% |
| Fixed assets | 21/28 | €80,668 | €66,023 | -€14,645 | -18.2% |
| Tangible fixed assets | 22/27 | €36,955 | €22,310 | -€14,645 | -39.6% |
| Plant, machinery and equipment | 23 | €32,479 | €22,310 | -€10,169 | -31.3% |
| Furniture and vehicles | 24 | €4,476 | €0 | -€4,476 | -100% |
| Financial fixed assets | 28 | €43,713 | €43,713 | = | 0.0% |
| Current assets | 29/58 | €900,091 | €1,131,445 | +€231,354 | +25.7% |
| Amounts receivable within one year | 40/41 | €328,375 | €1,012,292 | +€683,918 | +208% |
| Trade receivables | 40 | €327,451 | €508,147 | +€180,697 | +55.2% |
| Other amounts receivable | 41 | €924 | €504,145 | +€503,221 | +54,469% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100% |
| Cash at bank and in hand | 54/58 | €320,392 | €118,448 | -€201,944 | -63.0% |
| Deferred charges and accrued income | 490/1 | €1,324 | €705 | -€620 | -46.8% |
| Total equity and liabilities | 10/49 | €980,759 | €1,197,468 | +€216,709 | +22.1% |
| Equity | 10/15 | €754,169 | €754,360 | +€191 | 0.0% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €454,169 | €454,360 | +€191 | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €94,592 | €0 | -€94,592 | -100% |
| Distributable reserves | 133 | €329,577 | €424,360 | +€94,783 | +28.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €226,590 | €443,108 | +€216,518 | +95.6% |
| Amounts payable within one year | 42/48 | €222,750 | €440,135 | +€217,385 | +97.6% |
| Trade debts | 44 | €160,000 | €260,062 | +€100,063 | +62.5% |
| Suppliers | 440/4 | €160,000 | €260,062 | +€100,063 | +62.5% |
| Taxes, remuneration and social security | 45 | €19,750 | €42,073 | +€22,322 | +113% |
| Taxes | 450/3 | - | €28,808 | +€28,808 | |
| Remuneration and social security | 454/9 | €19,750 | €13,265 | -€6,486 | -32.8% |
| Other amounts payable | 47/48 | €43,000 | €138,000 | +€95,000 | +221% |
| Accrued charges and deferred income | 492/3 | €3,840 | €2,973 | -€867 | -22.6% |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €387,820 | €287,981 | -€99,839 | -25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,166 | €14,645 | -€11,521 | -44.0% |
| Other operating charges | 640/8 | €1,896 | €1,637 | -€259 | -13.7% |
| Non-recurring operating charges | 66A | €864 | - | -€864 | |
| Gross operating margin | 9900 | €455,754 | €441,495 | -€14,259 | -3.1% |
| Operating profit (loss) | 9901 | €39,008 | €137,232 | +€98,223 | +252% |
| Financial income | 75/76B | €6,972 | €2,285 | -€4,687 | -67.2% |
| Recurring financial income | 75 | €6,972 | €2,285 | -€4,687 | -67.2% |
| Financial charges | 65/66B | €552 | €373 | -€180 | -32.5% |
| Recurring financial charges | 65 | €552 | €373 | -€180 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €45,428 | €139,144 | +€93,716 | +206% |
| Income taxes | 67/77 | €2,072 | €953 | -€1,120 | -54.0% |
| Profit (loss) for the period | 9904 | €43,355 | €138,191 | +€94,836 | +219% |
| Transfer from tax-exempt reserves | 789 | - | €94,592 | +€94,592 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,355 | €232,783 | +€189,428 | +437% |
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 19 October 2026 via checked.be.