J. and B.: 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.
J. and B.
Largest movements
- Tangible fixed assets -€88,733
down €88,733 (-9.3%), from €955,111 to €866,378
of which Land and buildings: -€62,623
- Cash -€13,291
down €13,291 (-55.2%), from €24,058 to €10,767
mainly Net result for the year (-€85,505) and Trade debts (-€16,641)
- Profit (loss) carried forward -€78,032
down €78,032 (-77.0%), from -€101,302 to -€179,334
- Other debts +€16,760
up €16,760 (+9.2%), from €181,907 to €198,667
- Trade debts -€16,641
down €16,641 (-84.3%), from €19,729 to €3,088
- Debts after one year -€14,982
down €14,982 (-2.7%), from €551,702 to €536,719
- Turnover +€178,209
new in 2024: €178,209
- Purchases and services +€170,252
new in 2024: €170,252
- Gross operating margin -€43,718
down €43,718 (-65.1%), from €67,115 to €23,397
- Other operating charges +€30,116
up €30,116 (+291%), from €10,358 to €40,475
- Depreciation -€2,997
down €2,997 (-4.9%), from €61,698 to €58,701
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,174,295 | €1,067,666 | -€106,629 | -9.1% |
| Fixed assets | 21/28 | €985,301 | €895,531 | -€89,770 | -9.1% |
| Tangible fixed assets | 22/27 | €955,111 | €866,378 | -€88,733 | -9.3% |
| Land and buildings | 22 | €858,180 | €795,557 | -€62,623 | -7.3% |
| Plant, machinery and equipment | 23 | €5,494 | €4,852 | -€642 | -11.7% |
| Furniture and vehicles | 24 | €91,437 | €65,968 | -€25,469 | -27.9% |
| Financial fixed assets | 28 | €30,190 | €29,153 | -€1,037 | -3.4% |
| Current assets | 29/58 | €188,994 | €172,135 | -€16,859 | -8.9% |
| Amounts receivable within one year | 40/41 | €164,500 | €161,368 | -€3,132 | -1.9% |
| Other amounts receivable | 41 | €164,500 | €161,368 | -€3,132 | -1.9% |
| Cash at bank and in hand | 54/58 | €24,058 | €10,767 | -€13,291 | -55.2% |
| Deferred charges and accrued income | 490/1 | €436 | - | -€436 | |
| Total equity and liabilities | 10/49 | €1,174,295 | €1,067,666 | -€106,629 | -9.1% |
| Equity | 10/15 | €301,239 | €215,734 | -€85,505 | -28.4% |
| Contributions | 10/11 | €251,225 | €251,225 | = | 0.0% |
| Capital | 10 | €251,225 | - | -€251,225 | |
| Issued capital | 100 | €251,225 | - | -€251,225 | |
| Reserves | 13 | €151,316 | €143,843 | -€7,473 | -4.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Tax-exempt reserves | 132 | €149,457 | €141,984 | -€7,473 | -5.0% |
| Profit (loss) carried forward | 14 | -€101,302 | -€179,334 | -€78,032 | -77.0% |
| Provisions and deferred taxes | 16 | €42,742 | €40,605 | -€2,137 | -5.0% |
| Deferred taxes | 168 | €42,742 | €40,605 | -€2,137 | -5.0% |
| Amounts payable | 17/49 | €830,314 | €811,327 | -€18,987 | -2.3% |
| Amounts payable after more than one year | 17 | €551,702 | €536,719 | -€14,982 | -2.7% |
| Financial debts | 170/4 | €551,702 | €536,719 | -€14,982 | -2.7% |
| Amounts payable within one year | 42/48 | €278,612 | €274,607 | -€4,004 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €55,040 | €50,208 | -€4,831 | -8.8% |
| Trade debts | 44 | €19,729 | €3,088 | -€16,641 | -84.3% |
| Suppliers | 440/4 | €19,729 | €3,088 | -€16,641 | -84.3% |
| Advances received on contracts in progress | 46 | €21,937 | €21,937 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €707 | +€707 | |
| Taxes | 450/3 | - | €707 | +€707 | |
| Other amounts payable | 47/48 | €181,907 | €198,667 | +€16,760 | +9.2% |
| Turnover | 70 | - | €178,209 | +€178,209 | |
| Non-recurring operating income | 76A | €79,155 | €15,440 | -€63,715 | -80.5% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €170,252 | +€170,252 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,698 | €58,701 | -€2,997 | -4.9% |
| Other operating charges | 640/8 | €10,358 | €40,475 | +€30,116 | +291% |
| Non-recurring operating charges | 66A | €9,750 | - | -€9,750 | |
| Gross operating margin | 9900 | €67,115 | €23,397 | -€43,718 | -65.1% |
| Operating profit (loss) | 9901 | -€14,692 | -€75,779 | -€61,087 | -416% |
| Financial income | 75/76B | €18 | €6 | -€12 | -67.8% |
| Recurring financial income | 75 | €18 | €6 | -€12 | -67.8% |
| Financial charges | 65/66B | €7,807 | €10,259 | +€2,452 | +31.4% |
| Recurring financial charges | 65 | €7,807 | €10,259 | +€2,452 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | -€22,481 | -€86,032 | -€63,551 | -283% |
| Transfer from deferred taxes | 780 | - | €2,137 | +€2,137 | |
| Income taxes | 67/77 | €860 | €1,610 | +€750 | +87.3% |
| Profit (loss) for the period | 9904 | -€23,341 | -€85,505 | -€62,165 | -266% |
| Transfer from tax-exempt reserves | 789 | - | €7,473 | +€7,473 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,341 | -€78,032 | -€54,692 | -234% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.