IMMO JAUBIN: 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.
IMMO JAUBIN
Largest movements
- Tangible fixed assets +€57,839
up €57,839 (+11.9%), from €484,148 to €541,987
of which Furniture and vehicles: +€71,482
- Cash -€22,262
down €22,262 (-47.7%), from €46,627 to €24,365
mainly Investment in fixed assets (net) (-€95,564) and Receivables within one year (-€20,442)
- Receivables within one year +€20,442
new in 2025: €20,442
- Debts after one year +€44,248
up €44,248 (+6,030%), from €734 to €44,982
- Reserves +€27,300
up €27,300 (+17.2%), from €159,103 to €186,403
- Current portion of long-term debt -€10,168
down €10,168 (-39.8%), from €25,573 to €15,405
- Other debts -€10,000
down €10,000 (-25.0%), from €40,000 to €30,000
- Tax, wage and social debts +€7,201
up €7,201 (+75.3%), from €9,558 to €16,759
- Taxes -€10,254
down €10,254, from €7,406 to -€2,848
- Gross operating margin +€4,262
up €4,262 (+6.6%), from €64,644 to €68,907
- Depreciation +€868
up €868 (+2.4%), from €36,857 to €37,725
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 | €534,225 | €591,567 | +€57,342 | +10.7% |
| Fixed assets | 21/28 | €484,589 | €542,428 | +€57,839 | +11.9% |
| Tangible fixed assets | 22/27 | €484,148 | €541,987 | +€57,839 | +11.9% |
| Land and buildings | 22 | €464,429 | €447,263 | -€17,166 | -3.7% |
| Plant, machinery and equipment | 23 | €2,966 | €7,143 | +€4,178 | +141% |
| Furniture and vehicles | 24 | €11,734 | €83,216 | +€71,482 | +609% |
| Other tangible fixed assets | 26 | €5,019 | €4,365 | -€654 | -13.0% |
| Financial fixed assets | 28 | €441 | €441 | = | 0.0% |
| Current assets | 29/58 | €49,637 | €49,139 | -€497 | -1.0% |
| Amounts receivable within one year | 40/41 | - | €20,442 | +€20,442 | |
| Trade receivables | 40 | - | €20,442 | +€20,442 | |
| Cash at bank and in hand | 54/58 | €46,627 | €24,365 | -€22,262 | -47.7% |
| Deferred charges and accrued income | 490/1 | €3,009 | €4,332 | +€1,322 | +43.9% |
| Total equity and liabilities | 10/49 | €534,225 | €591,567 | +€57,342 | +10.7% |
| Equity | 10/15 | €454,025 | €481,325 | +€27,300 | +6.0% |
| Contributions | 10/11 | €294,922 | €294,922 | = | 0.0% |
| Reserves | 13 | €159,103 | €186,403 | +€27,300 | +17.2% |
| Distributable reserves | 133 | €159,103 | €186,403 | +€27,300 | +17.2% |
| Amounts payable | 17/49 | €80,200 | €110,243 | +€30,042 | +37.5% |
| Amounts payable after more than one year | 17 | €734 | €44,982 | +€44,248 | +6,030% |
| Financial debts | 170/4 | €734 | €44,982 | +€44,248 | +6,030% |
| Amounts payable within one year | 42/48 | €77,116 | €64,400 | -€12,716 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €25,573 | €15,405 | -€10,168 | -39.8% |
| Trade debts | 44 | €1,985 | €2,237 | +€252 | +12.7% |
| Suppliers | 440/4 | €1,985 | €2,237 | +€252 | +12.7% |
| Taxes, remuneration and social security | 45 | €9,558 | €16,759 | +€7,201 | +75.3% |
| Taxes | 450/3 | €9,558 | €16,759 | +€7,201 | +75.3% |
| Other amounts payable | 47/48 | €40,000 | €30,000 | -€10,000 | -25.0% |
| Accrued charges and deferred income | 492/3 | €2,351 | €860 | -€1,491 | -63.4% |
| Non-recurring operating income | 76A | - | €15,000 | +€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,857 | €37,725 | +€868 | +2.4% |
| Other operating charges | 640/8 | €5,258 | €5,592 | +€334 | +6.3% |
| Gross operating margin | 9900 | €64,644 | €68,907 | +€4,262 | +6.6% |
| Operating profit (loss) | 9901 | €22,529 | €25,590 | +€3,061 | +13.6% |
| Financial income | 75/76B | €383 | €316 | -€67 | -17.4% |
| Recurring financial income | 75 | €383 | €316 | -€67 | -17.4% |
| Financial charges | 65/66B | €1,143 | €1,455 | +€312 | +27.3% |
| Recurring financial charges | 65 | €1,143 | €1,455 | +€312 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €21,769 | €24,452 | +€2,683 | +12.3% |
| Income taxes | 67/77 | €7,406 | -€2,848 | -€10,254 | |
| Profit (loss) for the period | 9904 | €14,363 | €27,300 | +€12,937 | +90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,363 | €27,300 | +€12,937 | +90.1% |
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 24 October 2026 via checked.be.