J.B.C. SERVICES: 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.
J.B.C. SERVICES
Largest movements
- Tangible fixed assets -€31,156
down €31,156 (-6.6%), from €471,659 to €440,503
- Cash -€13,586
down €13,586 (-41.6%), from €32,631 to €19,045
mainly Other debts (-€24,243) and Tax, wage and social debts (-€9,168)
- Receivables within one year -€7,871
down €7,871 (-20.7%), from €38,000 to €30,129
of which Trade receivables: -€10,000
- Other debts -€24,243
down €24,243 (-10.0%), from €243,177 to €218,934
- Reserves -€13,823
down €13,823 (-7.0%), from €196,209 to €182,386
of which Tax-exempt reserves: -€13,823
- Tax, wage and social debts -€9,168
down €9,168 (-94.4%), from €9,711 to €543
- Profit (loss) carried forward +€8,613
up €8,613 (+43.7%), from -€19,688 to -€11,075
- Financial charges -€86,847
down €86,847 (-95.8%), from €90,652 to €3,806
of which Non-recurring financial charges: -€85,789
- Gross operating margin -€15,073
down €15,073 (-44.7%), from €33,732 to €18,659
- Financial income +€14,873
new in 2025: €14,873
of which Financial income: +€14,873
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 | €779,349 | €726,668 | -€52,681 | -6.8% |
| Fixed assets | 21/28 | €708,650 | €677,494 | -€31,156 | -4.4% |
| Tangible fixed assets | 22/27 | €471,659 | €440,503 | -€31,156 | -6.6% |
| Land and buildings | 22 | €471,659 | €440,503 | -€31,156 | -6.6% |
| Financial fixed assets | 28 | €236,991 | €236,991 | = | 0.0% |
| Current assets | 29/58 | €70,699 | €49,174 | -€21,525 | -30.4% |
| Amounts receivable within one year | 40/41 | €38,000 | €30,129 | -€7,871 | -20.7% |
| Trade receivables | 40 | €38,000 | €28,000 | -€10,000 | -26.3% |
| Other amounts receivable | 41 | - | €2,129 | +€2,129 | |
| Cash at bank and in hand | 54/58 | €32,631 | €19,045 | -€13,586 | -41.6% |
| Deferred charges and accrued income | 490/1 | €68 | - | -€68 | |
| Total equity and liabilities | 10/49 | €779,349 | €726,668 | -€52,681 | -6.8% |
| Equity | 10/15 | €446,725 | €441,515 | -€5,210 | -1.2% |
| Contributions | 10/11 | €270,204 | €270,204 | = | 0.0% |
| Capital | 10 | €270,204 | €270,204 | = | 0.0% |
| Issued capital | 100 | €270,204 | €270,204 | = | 0.0% |
| Reserves | 13 | €196,209 | €182,386 | -€13,823 | -7.0% |
| Non-distributable reserves | 130/1 | €6,358 | €6,358 | = | 0.0% |
| Legal reserve | 130 | €6,358 | €6,358 | = | 0.0% |
| Tax-exempt reserves | 132 | €189,851 | €176,028 | -€13,823 | -7.3% |
| Profit (loss) carried forward | 14 | -€19,688 | -€11,075 | +€8,613 | +43.7% |
| Provisions and deferred taxes | 16 | €63,284 | €58,676 | -€4,608 | -7.3% |
| Deferred taxes | 168 | €63,284 | €58,676 | -€4,608 | -7.3% |
| Amounts payable | 17/49 | €269,341 | €226,477 | -€42,864 | -15.9% |
| Amounts payable within one year | 42/48 | €267,616 | €226,477 | -€41,139 | -15.4% |
| Trade debts | 44 | €14,728 | €7,000 | -€7,728 | -52.5% |
| Suppliers | 440/4 | €14,728 | €7,000 | -€7,728 | -52.5% |
| Taxes, remuneration and social security | 45 | €9,711 | €543 | -€9,168 | -94.4% |
| Taxes | 450/3 | €9,711 | €543 | -€9,168 | -94.4% |
| Other amounts payable | 47/48 | €243,177 | €218,934 | -€24,243 | -10.0% |
| Accrued charges and deferred income | 492/3 | €1,725 | - | -€1,725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,124 | €31,156 | +€32 | +0.1% |
| Other operating charges | 640/8 | €5,684 | €5,517 | -€167 | -2.9% |
| Gross operating margin | 9900 | €33,732 | €18,659 | -€15,073 | -44.7% |
| Operating profit (loss) | 9901 | -€3,076 | -€18,015 | -€14,938 | -485.6% |
| Financial income | 75/76B | - | €14,873 | +€14,873 | |
| Recurring financial income | 75 | - | €14,873 | +€14,873 | |
| Non-recurring financial income | 76B | - | €14,873 | +€14,873 | |
| Financial charges | 65/66B | €90,652 | €3,806 | -€86,847 | -95.8% |
| Recurring financial charges | 65 | €4,863 | €3,806 | -€1,058 | -21.7% |
| Non-recurring financial charges | 66B | €85,789 | - | -€85,789 | |
| Profit (loss) for the period before taxes | 9903 | -€93,729 | -€6,947 | +€86,782 | +92.6% |
| Transfer from deferred taxes | 780 | €4,608 | €4,608 | = | 0.0% |
| Income taxes | 67/77 | €2,869 | €2,871 | +€2 | +0.1% |
| Profit (loss) for the period | 9904 | -€91,990 | -€5,210 | +€86,780 | +94.3% |
| Transfer from tax-exempt reserves | 789 | €13,823 | €13,823 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€78,167 | €8,613 | +€86,780 |
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 4 October 2026 via checked.be.