J.B.G. CHAUSSURES: 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.B.G. CHAUSSURES
Largest movements
- Tangible fixed assets -€140,869
down €140,869 (-14.6%), from €963,734 to €822,865
of which Land and buildings: -€105,860
- Stocks and contracts +€116,074
up €116,074 (+21.7%), from €534,855 to €650,930
- Current investments -€80,911
down €80,911 (-18.7%), from €432,017 to €351,106
- Cash -€27,258
down €27,258 (-13.7%), from €198,987 to €171,729
mainly Stocks and contracts (-€116,074) and Debts after one year (-€104,479)
- Debts after one year -€104,479
down €104,479 (-41.7%), from €250,758 to €146,279
- Other debts -€65,000
down €65,000 (-59.1%), from €110,007 to €45,007
- Reserves +€53,800
up €53,800 (+19.3%), from €279,146 to €332,946
of which Distributable reserves: +€53,800
- Trade debts -€33,676
down €33,676 (-55.0%), from €61,281 to €27,606
- Financial income -€64,471
down €64,471 (-61.9%), from €104,236 to €39,765
- Taxes -€29,265
down €29,265 (-40.1%), from €72,898 to €43,633
- Gross operating margin -€20,118
down €20,118 (-4.6%), from €439,805 to €419,686
- Depreciation +€7,195
up €7,195 (+4.8%), from €148,861 to €156,056
- Staff costs -€5,987
down €5,987 (-4.6%), from €130,889 to €124,902
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 | €2,159,839 | €2,018,497 | -€141,342 | -6.5% |
| Fixed assets | 21/28 | €965,764 | €824,023 | -€141,741 | -14.7% |
| Intangible fixed assets | 21 | €2,030 | €1,158 | -€872 | -43.0% |
| Tangible fixed assets | 22/27 | €963,734 | €822,865 | -€140,869 | -14.6% |
| Land and buildings | 22 | €732,733 | €626,873 | -€105,860 | -14.4% |
| Plant, machinery and equipment | 23 | €110,531 | €106,282 | -€4,249 | -3.8% |
| Furniture and vehicles | 24 | €120,470 | €89,710 | -€30,760 | -25.5% |
| Current assets | 29/58 | €1,194,075 | €1,194,474 | +€399 | 0.0% |
| Stocks and contracts in progress | 3 | €534,855 | €650,930 | +€116,074 | +21.7% |
| Stocks | 30/36 | €534,855 | €650,930 | +€116,074 | +21.7% |
| Amounts receivable within one year | 40/41 | €20,986 | €10,972 | -€10,014 | -47.7% |
| Trade receivables | 40 | €9,488 | €10,586 | +€1,098 | +11.6% |
| Other amounts receivable | 41 | €11,498 | €385 | -€11,113 | -96.6% |
| Current investments | 50/53 | €432,017 | €351,106 | -€80,911 | -18.7% |
| Cash at bank and in hand | 54/58 | €198,987 | €171,729 | -€27,258 | -13.7% |
| Deferred charges and accrued income | 490/1 | €7,230 | €9,738 | +€2,509 | +34.7% |
| Total equity and liabilities | 10/49 | €2,159,839 | €2,018,497 | -€141,342 | -6.5% |
| Equity | 10/15 | €1,566,303 | €1,620,150 | +€53,848 | +3.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €279,146 | €332,946 | +€53,800 | +19.3% |
| Non-distributable reserves | 130/1 | €24,197 | €24,197 | = | 0.0% |
| Legal reserve | 130 | €24,197 | €24,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €49 | €49 | = | 0.0% |
| Distributable reserves | 133 | €254,900 | €308,700 | +€53,800 | +21.1% |
| Profit (loss) carried forward | 14 | €1,225,183 | €1,225,231 | +€48 | 0.0% |
| Amounts payable | 17/49 | €593,537 | €398,347 | -€195,190 | -32.9% |
| Amounts payable after more than one year | 17 | €250,758 | €146,279 | -€104,479 | -41.7% |
| Financial debts | 170/4 | €250,758 | €146,279 | -€104,479 | -41.7% |
| Amounts payable within one year | 42/48 | €341,353 | €251,056 | -€90,297 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €106,837 | €106,885 | +€48 | 0.0% |
| Trade debts | 44 | €61,281 | €27,606 | -€33,676 | -55.0% |
| Suppliers | 440/4 | €61,281 | €27,606 | -€33,676 | -55.0% |
| Taxes, remuneration and social security | 45 | €63,228 | €71,559 | +€8,331 | +13.2% |
| Taxes | 450/3 | €36,652 | €43,023 | +€6,371 | +17.4% |
| Remuneration and social security | 454/9 | €26,576 | €28,536 | +€1,960 | +7.4% |
| Other amounts payable | 47/48 | €110,007 | €45,007 | -€65,000 | -59.1% |
| Accrued charges and deferred income | 492/3 | €1,426 | €1,012 | -€414 | -29.0% |
| Remuneration, social security and pensions | 62 | €130,889 | €124,902 | -€5,987 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,861 | €156,056 | +€7,195 | +4.8% |
| Other operating charges | 640/8 | €20,066 | €19,225 | -€841 | -4.2% |
| Non-recurring operating charges | 66A | €307 | €253 | -€54 | -17.6% |
| Gross operating margin | 9900 | €439,805 | €419,686 | -€20,118 | -4.6% |
| Operating profit (loss) | 9901 | €139,682 | €119,250 | -€20,432 | -14.6% |
| Financial income | 75/76B | €104,236 | €39,765 | -€64,471 | -61.9% |
| Recurring financial income | 75 | €104,236 | €39,765 | -€64,471 | -61.9% |
| Financial charges | 65/66B | €19,646 | €16,534 | -€3,112 | -15.8% |
| Recurring financial charges | 65 | €19,646 | €16,534 | -€3,112 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €224,272 | €142,481 | -€81,791 | -36.5% |
| Income taxes | 67/77 | €72,898 | €43,633 | -€29,265 | -40.1% |
| Profit (loss) for the period | 9904 | €151,374 | €98,848 | -€52,526 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €151,374 | €98,848 | -€52,526 | -34.7% |
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 30 October 2026 via checked.be.