J.B.L.: 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.L.
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash -€4,129
down €4,129 (-26.6%), from €15,501 to €11,372
mainly Net result for the year (-€75,843) and Provisions (-€51,750)
- Profit (loss) carried forward -€75,843
down €75,843, from €20,294 to -€55,549
- Provisions -€51,750
down €51,750 (-87.3%), from €59,250 to €7,500
- Debts after one year +€43,098
new in 2025: €43,098
- Other debts -€18,550
no longer reported in 2025 (was €18,550)
- Gross operating margin +€59,018
up €59,018, from -€11,440 to €47,578
- Financial charges -€1,141
down €1,141 (-88.4%), from €1,291 to €150
- Taxes -€756
no longer reported in 2025 (was €756)
- Financial income -€548
down €548 (-17.8%), from €3,075 to €2,527
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 | €186,905 | €82,890 | -€104,015 | -55.7% |
| Fixed assets | 21/28 | €68,022 | €68,022 | -€0 | 0.0% |
| Tangible fixed assets | 22/27 | €68,022 | €68,022 | -€0 | 0.0% |
| Land and buildings | 22 | €68,022 | €68,022 | -€0 | 0.0% |
| Current assets | 29/58 | €118,883 | €14,868 | -€104,015 | -87.5% |
| Amounts receivable within one year | 40/41 | €3,382 | €3,495 | +€113 | +3.4% |
| Trade receivables | 40 | €644 | - | -€644 | |
| Other amounts receivable | 41 | €2,738 | €3,495 | +€757 | +27.7% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €15,501 | €11,372 | -€4,129 | -26.6% |
| Total equity and liabilities | 10/49 | €186,905 | €82,890 | -€104,015 | -55.7% |
| Equity | 10/15 | €107,841 | €31,999 | -€75,842 | -70.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €25,547 | €25,548 | +€1 | 0.0% |
| Non-distributable reserves | 130/1 | €9,406 | €9,407 | +€1 | 0.0% |
| Legal reserve | 130 | €9,406 | €9,407 | +€1 | 0.0% |
| Tax-exempt reserves | 132 | €12,748 | €12,748 | +€0 | 0.0% |
| Distributable reserves | 133 | €3,393 | €3,393 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €20,294 | -€55,549 | -€75,843 | |
| Provisions and deferred taxes | 16 | €59,250 | €7,500 | -€51,750 | -87.3% |
| Provisions for liabilities and charges | 160/5 | €59,250 | €7,500 | -€51,750 | -87.3% |
| Other liabilities and charges | 164/5 | €59,250 | €7,500 | -€51,750 | -87.3% |
| Amounts payable | 17/49 | €19,814 | €43,391 | +€23,577 | +119% |
| Amounts payable after more than one year | 17 | - | €43,098 | +€43,098 | |
| Other amounts payable | 178/9 | - | €43,098 | +€43,098 | |
| Amounts payable within one year | 42/48 | €18,642 | €293 | -€18,349 | -98.4% |
| Trade debts | 44 | €92 | €293 | +€201 | +218% |
| Suppliers | 440/4 | €92 | €293 | +€201 | +218% |
| Other amounts payable | 47/48 | €18,550 | - | -€18,550 | |
| Accrued charges and deferred income | 492/3 | €1,172 | - | -€1,172 | |
| Non-recurring operating income | 76A | - | €59,250 | +€59,250 | |
| Non-recurring operating charges | 66A | - | €125,798 | +€125,798 | |
| Gross operating margin | 9900 | -€11,440 | €47,578 | +€59,018 | |
| Operating profit (loss) | 9901 | -€11,440 | -€78,220 | -€66,780 | -584% |
| Financial income | 75/76B | €3,075 | €2,527 | -€548 | -17.8% |
| Recurring financial income | 75 | €3,075 | €2,527 | -€548 | -17.8% |
| Financial charges | 65/66B | €1,291 | €150 | -€1,141 | -88.4% |
| Recurring financial charges | 65 | €1,291 | €150 | -€1,141 | -88.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,656 | -€75,843 | -€66,187 | -685% |
| Income taxes | 67/77 | €756 | - | -€756 | |
| Profit (loss) for the period | 9904 | -€10,412 | -€75,843 | -€65,431 | -628% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,412 | -€75,843 | -€65,431 | -628% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.