J.B. Works: what changed
J.B. Works
Largest movements
- Cash +€37,564
up €37,564 (+206%), from €18,199 to €55,763
mainly Other debts (+€49,720) and Net result for the year (+€29,599)
- Tangible fixed assets -€12,551
down €12,551 (-55.2%), from €22,748 to €10,197
of which Furniture and vehicles: -€13,399
- Receivables within one year -€12,066
down €12,066 (-70.2%), from €17,178 to €5,112
of which Trade receivables: -€7,198
- Other debts +€49,720
up €49,720 (+1,024%), from €4,857 to €54,577
- Reserves -€27,721
down €27,721 (-84.7%), from €32,721 to €5,000
- Current portion of long-term debt -€11,367
no longer reported in 2025 (was €11,367)
- Tax, wage and social debts +€10,097
new in 2025: €10,097
- Trade debts -€7,755
down €7,755 (-96.3%), from €8,053 to €298
- Depreciation -€16,992
down €16,992 (-73.2%), from €23,228 to €6,236
- Taxes +€6,588
up €6,588 (+585%), from €1,126 to €7,714
- Gross operating margin -€2,284
down €2,284 (-4.8%), from €47,352 to €45,068
- Financial income +€656
up €656 (+16,896%), from €4 to €659
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,597 | €73,572 | +€12,975 | +21.4% |
| Fixed assets | 21/28 | €22,748 | €10,197 | -€12,551 | -55.2% |
| Tangible fixed assets | 22/27 | €22,748 | €10,197 | -€12,551 | -55.2% |
| Plant, machinery and equipment | 23 | €4,622 | €5,470 | +€848 | +18.3% |
| Furniture and vehicles | 24 | €18,126 | €4,727 | -€13,399 | -73.9% |
| Current assets | 29/58 | €37,849 | €63,375 | +€25,526 | +67.4% |
| Amounts receivable within one year | 40/41 | €17,178 | €5,112 | -€12,066 | -70.2% |
| Trade receivables | 40 | €11,054 | €3,856 | -€7,198 | -65.1% |
| Other amounts receivable | 41 | €6,124 | €1,256 | -€4,868 | -79.5% |
| Cash at bank and in hand | 54/58 | €18,199 | €55,763 | +€37,564 | +206% |
| Deferred charges and accrued income | 490/1 | €2,472 | €2,500 | +€28 | +1.1% |
| Total equity and liabilities | 10/49 | €60,597 | €73,572 | +€12,975 | +21.4% |
| Equity | 10/15 | €36,321 | €8,600 | -€27,721 | -76.3% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Reserves | 13 | €32,721 | €5,000 | -€27,721 | -84.7% |
| Distributable reserves | 133 | €32,721 | €5,000 | -€27,721 | -84.7% |
| Amounts payable | 17/49 | €24,276 | €64,972 | +€40,696 | +168% |
| Amounts payable within one year | 42/48 | €24,276 | €64,972 | +€40,696 | +168% |
| Current portion of amounts payable after more than one year | 42 | €11,367 | - | -€11,367 | |
| Trade debts | 44 | €8,053 | €298 | -€7,755 | -96.3% |
| Suppliers | 440/4 | €8,053 | €298 | -€7,755 | -96.3% |
| Taxes, remuneration and social security | 45 | - | €10,097 | +€10,097 | |
| Taxes | 450/3 | - | €10,097 | +€10,097 | |
| Other amounts payable | 47/48 | €4,857 | €54,577 | +€49,720 | +1,024% |
| Non-recurring operating income | 76A | - | €26,666 | +€26,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,228 | €6,236 | -€16,992 | -73.2% |
| Other operating charges | 640/8 | €2,194 | €1,841 | -€353 | -16.1% |
| Gross operating margin | 9900 | €47,352 | €45,068 | -€2,284 | -4.8% |
| Operating profit (loss) | 9901 | €21,929 | €36,990 | +€15,061 | +68.7% |
| Financial income | 75/76B | €4 | €659 | +€656 | +16,896% |
| Recurring financial income | 75 | €4 | €659 | +€656 | +16,896% |
| Financial charges | 65/66B | €501 | €337 | -€164 | -32.8% |
| Recurring financial charges | 65 | €501 | €337 | -€164 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €21,432 | €37,313 | +€15,881 | +74.1% |
| Income taxes | 67/77 | €1,126 | €7,714 | +€6,588 | +585% |
| Profit (loss) for the period | 9904 | €20,306 | €29,599 | +€9,293 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,306 | €29,599 | +€9,293 | +45.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.