J.B.J.: 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.J.
Largest movements
- Cash +€22,687
up €22,687 (+417%), from €5,444 to €28,130
mainly Net result for the year (+€20,845) and Other debts (+€4,200)
- Receivables within one year -€2,225
down €2,225 (-70.9%), from €3,140 to €914
of which Trade receivables: -€2,200
- Receivables after one year -€2,000
down €2,000 (-1.5%), from €131,500 to €129,500
- Tangible fixed assets -€1,835
down €1,835 (-47.1%), from €3,893 to €2,058
- Profit (loss) carried forward +€16,524
up €16,524 (+382%), from €4,321 to €20,845
- Trade debts -€8,969
down €8,969 (-56.0%), from €16,004 to €7,034
- Reserves +€4,321
up €4,321 (+5.5%), from €78,176 to €82,497
- Other debts +€4,200
up €4,200 (+20.5%), from €20,489 to €24,689
- Accrued charges and deferred income +€2,040
up €2,040 (+191%), from €1,068 to €3,109
- Staff costs -€37,250
down €37,250 (-63.7%), from €58,445 to €21,195
- Gross operating margin -€15,879
down €15,879 (-22.9%), from €69,236 to €53,357
- Taxes +€5,042
new in 2025: €5,042
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 | €148,215 | €164,470 | +€16,255 | +11.0% |
| Fixed assets | 21/28 | €4,015 | €2,180 | -€1,835 | -45.7% |
| Tangible fixed assets | 22/27 | €3,893 | €2,058 | -€1,835 | -47.1% |
| Plant, machinery and equipment | 23 | €3,893 | €2,058 | -€1,835 | -47.1% |
| Financial fixed assets | 28 | €122 | €122 | = | 0.0% |
| Current assets | 29/58 | €144,200 | €162,291 | +€18,091 | +12.5% |
| Amounts receivable after more than one year | 29 | €131,500 | €129,500 | -€2,000 | -1.5% |
| Other amounts receivable | 291 | €131,500 | €129,500 | -€2,000 | -1.5% |
| Stocks and contracts in progress | 3 | €3,261 | €3,044 | -€217 | -6.7% |
| Stocks | 30/36 | €3,261 | €3,044 | -€217 | -6.7% |
| Amounts receivable within one year | 40/41 | €3,140 | €914 | -€2,225 | -70.9% |
| Trade receivables | 40 | €2,503 | €303 | -€2,200 | -87.9% |
| Other amounts receivable | 41 | €637 | €611 | -€26 | -4.0% |
| Cash at bank and in hand | 54/58 | €5,444 | €28,130 | +€22,687 | +417% |
| Deferred charges and accrued income | 490/1 | €856 | €702 | -€154 | -18.0% |
| Total equity and liabilities | 10/49 | €148,215 | €164,470 | +€16,255 | +11.0% |
| Equity | 10/15 | €101,097 | €121,942 | +€20,845 | +20.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,176 | €82,497 | +€4,321 | +5.5% |
| Distributable reserves | 133 | €78,176 | €82,497 | +€4,321 | +5.5% |
| Profit (loss) carried forward | 14 | €4,321 | €20,845 | +€16,524 | +382% |
| Amounts payable | 17/49 | €47,118 | €42,529 | -€4,589 | -9.7% |
| Amounts payable within one year | 42/48 | €46,050 | €39,420 | -€6,630 | -14.4% |
| Trade debts | 44 | €16,004 | €7,034 | -€8,969 | -56.0% |
| Suppliers | 440/4 | €16,004 | €7,034 | -€8,969 | -56.0% |
| Taxes, remuneration and social security | 45 | €9,557 | €7,697 | -€1,860 | -19.5% |
| Taxes | 450/3 | €3,913 | €6,331 | +€2,418 | +61.8% |
| Remuneration and social security | 454/9 | €5,645 | €1,366 | -€4,279 | -75.8% |
| Other amounts payable | 47/48 | €20,489 | €24,689 | +€4,200 | +20.5% |
| Accrued charges and deferred income | 492/3 | €1,068 | €3,109 | +€2,040 | +191% |
| Remuneration, social security and pensions | 62 | €58,445 | €21,195 | -€37,250 | -63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,860 | €1,835 | -€24 | -1.3% |
| Other operating charges | 640/8 | €5,015 | €4,824 | -€190 | -3.8% |
| Gross operating margin | 9900 | €69,236 | €53,357 | -€15,879 | -22.9% |
| Operating profit (loss) | 9901 | €3,917 | €25,502 | +€21,585 | +551% |
| Financial income | 75/76B | €1,152 | €1,153 | +€1 | +0.1% |
| Recurring financial income | 75 | €1,152 | €1,153 | +€1 | +0.1% |
| Financial charges | 65/66B | €748 | €768 | +€20 | +2.7% |
| Recurring financial charges | 65 | €748 | €708 | -€40 | -5.4% |
| Non-recurring financial charges | 66B | - | €60 | +€60 | |
| Profit (loss) for the period before taxes | 9903 | €4,321 | €25,886 | +€21,565 | +499% |
| Income taxes | 67/77 | - | €5,042 | +€5,042 | |
| Profit (loss) for the period | 9904 | €4,321 | €20,845 | +€16,524 | +382% |
| Profit (loss) for the period to be appropriated | 9905 | €4,321 | €20,845 | +€16,524 | +382% |
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 13 October 2026 via checked.be.