J.B.P. IMMO: 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.P. IMMO
Largest movements
- Tangible fixed assets -€148,359
down €148,359 (-9.3%), from €1.6m to €1.4m
of which Land and buildings: -€119,160
- Cash -€106,532
down €106,532 (-68.6%), from €155,253 to €48,721
mainly Contributions, distributions and other (-€482,000) and Debts after one year (-€402,464)
- Receivables after one year -€96,000
down €96,000 (-2.9%), from €3.3m to €3.2m
- Receivables within one year +€68,203
up €68,203 (+53.5%), from €127,594 to €195,796
of which Trade receivables: +€70,708
- Other debts +€463,176
up €463,176 (+2,461%), from €18,824 to €482,000
- Debts after one year -€402,464
down €402,464 (-61.0%), from €659,704 to €257,240
of which Other amounts payable: -€291,187
- Reserves -€327,000
down €327,000 (-23.6%), from €1.4m to €1.1m
of which Distributable reserves: -€327,000
- Gross operating margin -€80,142
down €80,142 (-19.3%), from €414,400 to €334,258
- Financial income -€40,123
down €40,123 (-23.1%), from €173,443 to €133,320
- Financial charges -€37,402
down €37,402 (-57.8%), from €64,691 to €27,289
- Depreciation -€37,292
down €37,292 (-20.1%), from €185,651 to €148,359
- Taxes -€14,860
down €14,860 (-16.5%), from €89,845 to €74,984
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 | €5,167,884 | €4,885,197 | -€282,688 | -5.5% |
| Fixed assets | 21/28 | €1,596,142 | €1,447,783 | -€148,359 | -9.3% |
| Tangible fixed assets | 22/27 | €1,596,142 | €1,447,783 | -€148,359 | -9.3% |
| Land and buildings | 22 | €1,511,714 | €1,392,554 | -€119,160 | -7.9% |
| Plant, machinery and equipment | 23 | €84,428 | €55,229 | -€29,199 | -34.6% |
| Current assets | 29/58 | €3,571,742 | €3,437,413 | -€134,329 | -3.8% |
| Amounts receivable after more than one year | 29 | €3,281,000 | €3,185,000 | -€96,000 | -2.9% |
| Other amounts receivable | 291 | €3,281,000 | €3,185,000 | -€96,000 | -2.9% |
| Amounts receivable within one year | 40/41 | €127,594 | €195,796 | +€68,203 | +53.5% |
| Trade receivables | 40 | €13,125 | €83,833 | +€70,708 | +539% |
| Other amounts receivable | 41 | €114,469 | €111,963 | -€2,505 | -2.2% |
| Cash at bank and in hand | 54/58 | €155,253 | €48,721 | -€106,532 | -68.6% |
| Deferred charges and accrued income | 490/1 | €7,896 | €7,896 | = | 0.0% |
| Total equity and liabilities | 10/49 | €5,167,884 | €4,885,197 | -€282,688 | -5.5% |
| Equity | 10/15 | €4,316,180 | €3,990,930 | -€325,250 | -7.5% |
| Contributions | 10/11 | €2,710,000 | €2,710,000 | = | 0.0% |
| Capital | 10 | €2,710,000 | €2,710,000 | = | 0.0% |
| Issued capital | 100 | €2,710,000 | €2,710,000 | = | 0.0% |
| Reserves | 13 | €1,383,800 | €1,056,800 | -€327,000 | -23.6% |
| Non-distributable reserves | 130/1 | €271,000 | €271,000 | = | 0.0% |
| Legal reserve | 130 | €271,000 | €271,000 | = | 0.0% |
| Distributable reserves | 133 | €1,112,800 | €785,800 | -€327,000 | -29.4% |
| Profit (loss) carried forward | 14 | €222,380 | €224,130 | +€1,750 | +0.8% |
| Amounts payable | 17/49 | €851,705 | €894,267 | +€42,562 | +5.0% |
| Amounts payable after more than one year | 17 | €659,704 | €257,240 | -€402,464 | -61.0% |
| Financial debts | 170/4 | €111,277 | - | -€111,277 | |
| Other amounts payable | 178/9 | €548,427 | €257,240 | -€291,187 | -53.1% |
| Amounts payable within one year | 42/48 | €192,001 | €613,072 | +€421,071 | +219% |
| Current portion of amounts payable after more than one year | 42 | €127,096 | €111,277 | -€15,819 | -12.4% |
| Financial debts | 43 | €23,666 | - | -€23,666 | |
| Credit institutions | 430/8 | €23,666 | - | -€23,666 | |
| Trade debts | 44 | - | €19,795 | +€19,795 | |
| Suppliers | 440/4 | - | €19,795 | +€19,795 | |
| Taxes, remuneration and social security | 45 | €22,415 | - | -€22,415 | |
| Taxes | 450/3 | €22,415 | - | -€22,415 | |
| Other amounts payable | 47/48 | €18,824 | €482,000 | +€463,176 | +2,461% |
| Accrued charges and deferred income | 492/3 | - | €23,955 | +€23,955 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,651 | €148,359 | -€37,292 | -20.1% |
| Other operating charges | 640/8 | €61,569 | €60,196 | -€1,373 | -2.2% |
| Gross operating margin | 9900 | €414,400 | €334,258 | -€80,142 | -19.3% |
| Operating profit (loss) | 9901 | €167,180 | €125,704 | -€41,476 | -24.8% |
| Financial income | 75/76B | €173,443 | €133,320 | -€40,123 | -23.1% |
| Recurring financial income | 75 | €173,443 | €133,320 | -€40,123 | -23.1% |
| Financial charges | 65/66B | €64,691 | €27,289 | -€37,402 | -57.8% |
| Recurring financial charges | 65 | €64,691 | €27,289 | -€37,402 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | €275,932 | €231,734 | -€44,198 | -16.0% |
| Income taxes | 67/77 | €89,845 | €74,984 | -€14,860 | -16.5% |
| Profit (loss) for the period | 9904 | €186,088 | €156,750 | -€29,338 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €186,088 | €156,750 | -€29,338 | -15.8% |
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 24 October 2026 via checked.be.