J.B.-LEX: 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.-LEX
Largest movements
- Cash +€38,583
up €38,583 (+40.2%), from €95,967 to €134,550
mainly Receivables within one year (+€35,360) and Depreciation (+€19,586)
- Receivables within one year -€35,360
down €35,360 (-50.3%), from €70,356 to €34,995
of which Trade receivables: -€28,074
- Tangible fixed assets -€12,904
down €12,904 (-25.5%), from €50,566 to €37,661
of which Other tangible fixed assets: -€10,175
- Intangible fixed assets -€6,681
down €6,681 (-23.9%), from €27,930 to €21,249
- Other debts -€13,927
down €13,927 (-80.7%), from €17,267 to €3,340
- Debts after one year -€9,266
down €9,266 (-28.7%), from €32,332 to €23,066
- Tax, wage and social debts +€8,067
up €8,067 (+211%), from €3,827 to €11,894
of which Taxes: +€11,019
- Reserves +€4,435
up €4,435 (+2.7%), from €165,828 to €170,263
- Trade debts -€3,652
down €3,652 (-44.6%), from €8,183 to €4,532
- Gross operating margin +€15,101
up €15,101 (+106%), from €14,260 to €29,361
- Taxes +€2,460
up €2,460 (+1,922%), from €128 to €2,588
- Depreciation +€1,801
up €1,801 (+10.1%), from €17,785 to €19,586
- Financial charges +€319
up €319 (+15.6%), from €2,046 to €2,365
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 | €248,987 | €234,759 | -€14,227 | -5.7% |
| Fixed assets | 21/28 | €80,746 | €61,160 | -€19,586 | -24.3% |
| Intangible fixed assets | 21 | €27,930 | €21,249 | -€6,681 | -23.9% |
| Tangible fixed assets | 22/27 | €50,566 | €37,661 | -€12,904 | -25.5% |
| Plant, machinery and equipment | 23 | €1,005 | €606 | -€398 | -39.7% |
| Furniture and vehicles | 24 | €9,710 | €7,380 | -€2,331 | -24.0% |
| Other tangible fixed assets | 26 | €39,850 | €29,675 | -€10,175 | -25.5% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €168,241 | €173,599 | +€5,358 | +3.2% |
| Amounts receivable within one year | 40/41 | €70,356 | €34,995 | -€35,360 | -50.3% |
| Trade receivables | 40 | €43,245 | €15,171 | -€28,074 | -64.9% |
| Other amounts receivable | 41 | €27,111 | €19,825 | -€7,286 | -26.9% |
| Cash at bank and in hand | 54/58 | €95,967 | €134,550 | +€38,583 | +40.2% |
| Deferred charges and accrued income | 490/1 | €1,918 | €4,054 | +€2,135 | +111% |
| Total equity and liabilities | 10/49 | €248,987 | €234,759 | -€14,227 | -5.7% |
| Equity | 10/15 | €178,228 | €182,663 | +€4,435 | +2.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €165,828 | €170,263 | +€4,435 | +2.7% |
| Distributable reserves | 133 | €165,828 | €170,263 | +€4,435 | +2.7% |
| Amounts payable | 17/49 | €70,759 | €52,097 | -€18,662 | -26.4% |
| Amounts payable after more than one year | 17 | €32,332 | €23,066 | -€9,266 | -28.7% |
| Financial debts | 170/4 | €32,332 | €23,066 | -€9,266 | -28.7% |
| Amounts payable within one year | 42/48 | €38,191 | €29,031 | -€9,160 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €8,914 | €9,266 | +€351 | +3.9% |
| Trade debts | 44 | €8,183 | €4,532 | -€3,652 | -44.6% |
| Suppliers | 440/4 | €8,183 | €4,532 | -€3,652 | -44.6% |
| Taxes, remuneration and social security | 45 | €3,827 | €11,894 | +€8,067 | +211% |
| Taxes | 450/3 | €875 | €11,894 | +€11,019 | +1,259% |
| Remuneration and social security | 454/9 | €2,952 | €0 | -€2,952 | -100% |
| Other amounts payable | 47/48 | €17,267 | €3,340 | -€13,927 | -80.7% |
| Accrued charges and deferred income | 492/3 | €236 | €0 | -€236 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,785 | €19,586 | +€1,801 | +10.1% |
| Other operating charges | 640/8 | €751 | €769 | +€18 | +2.3% |
| Gross operating margin | 9900 | €14,260 | €29,361 | +€15,101 | +106% |
| Operating profit (loss) | 9901 | -€4,276 | €9,006 | +€13,282 | |
| Financial income | 75/76B | €329 | €381 | +€52 | +15.9% |
| Recurring financial income | 75 | €329 | €381 | +€52 | +15.9% |
| Financial charges | 65/66B | €2,046 | €2,365 | +€319 | +15.6% |
| Recurring financial charges | 65 | €2,046 | €2,365 | +€319 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,993 | €7,023 | +€13,016 | |
| Income taxes | 67/77 | €128 | €2,588 | +€2,460 | +1,922% |
| Profit (loss) for the period | 9904 | -€6,121 | €4,435 | +€10,555 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,121 | €4,435 | +€10,555 |
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 21 October 2026 via checked.be.