J-BEX: what changed
Two fiscal 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-BEX
Largest movements
- Deferred charges and accrued income +€1,688
up €1,688 (+23.5%), from €7,169 to €8,857
- Tangible fixed assets -€1,177
down €1,177 (-23.3%), from €5,049 to €3,872
- Receivables within one year +€790
up €790 (+14.6%), from €5,415 to €6,205
of which Other amounts receivable: +€1,554
- Cash +€579
up €579 (+19.2%), from €3,019 to €3,598
mainly Trade debts (+€3,830) and Current portion of long-term debt (+€3,000)
- Other debts -€6,095
down €6,095 (-70.3%), from €8,670 to €2,575
- Trade debts +€3,830
up €3,830 (+1298.3%), from €295 to €4,125
- Current portion of long-term debt +€3,000
up €3,000 (+164.6%), from €1,823 to €4,823
- Reserves +€2,100
up €2,100 (+60.0%), from €3,500 to €5,600
- Debts after one year -€1,719
down €1,719 (-53.6%), from €3,209 to €1,490
- Gross operating margin -€1,395
down €1,395 (-15.7%), from €8,895 to €7,500
- Depreciation +€937
up €937 (+62.2%), from €1,508 to €2,445
- Financial charges -€615
down €615 (-38.1%), from €1,613 to €998
- Taxes -€464
down €464 (-24.3%), from €1,910 to €1,446
- Other operating charges +€286
up €286 (+137.3%), from €208 to €494
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.
Cash bridge derived
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 | €20,906 | €22,786 | +€1,880 | +9.0% |
| Fixed assets | 21/28 | €5,303 | €4,126 | -€1,177 | -22.2% |
| Tangible fixed assets | 22/27 | €5,049 | €3,872 | -€1,177 | -23.3% |
| Furniture and vehicles | 24 | €5,049 | €3,872 | -€1,177 | -23.3% |
| Financial fixed assets | 28 | €254 | €254 | +€0 | +0.1% |
| Current assets | 29/58 | €15,603 | €18,660 | +€3,057 | +19.6% |
| Amounts receivable within one year | 40/41 | €5,415 | €6,205 | +€790 | +14.6% |
| Trade receivables | 40 | €5,415 | €4,651 | -€764 | -14.1% |
| Other amounts receivable | 41 | - | €1,554 | +€1,554 | |
| Cash at bank and in hand | 54/58 | €3,019 | €3,598 | +€579 | +19.2% |
| Deferred charges and accrued income | 490/1 | €7,169 | €8,857 | +€1,688 | +23.5% |
| Total equity and liabilities | 10/49 | €20,906 | €22,786 | +€1,880 | +9.0% |
| Equity | 10/15 | €5,434 | €7,550 | +€2,116 | +38.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €3,500 | €5,600 | +€2,100 | +60.0% |
| Distributable reserves | 133 | €3,500 | €5,600 | +€2,100 | +60.0% |
| Profit (loss) carried forward | 14 | €434 | €450 | +€16 | +3.8% |
| Amounts payable | 17/49 | €15,472 | €15,236 | -€236 | -1.5% |
| Amounts payable after more than one year | 17 | €3,209 | €1,490 | -€1,719 | -53.6% |
| Financial debts | 170/4 | €3,209 | €1,490 | -€1,719 | -53.6% |
| Amounts payable within one year | 42/48 | €12,263 | €13,746 | +€1,483 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €1,823 | €4,823 | +€3,000 | +164.6% |
| Trade debts | 44 | €295 | €4,125 | +€3,830 | +1298.3% |
| Suppliers | 440/4 | €295 | €4,125 | +€3,830 | +1298.3% |
| Taxes, remuneration and social security | 45 | €1,475 | €2,222 | +€747 | +50.7% |
| Taxes | 450/3 | €1,475 | €266 | -€1,209 | -82.0% |
| Remuneration and social security | 454/9 | - | €1,956 | +€1,956 | |
| Other amounts payable | 47/48 | €8,670 | €2,575 | -€6,095 | -70.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,508 | €2,445 | +€937 | +62.2% |
| Other operating charges | 640/8 | €208 | €494 | +€286 | +137.3% |
| Gross operating margin | 9900 | €8,895 | €7,500 | -€1,395 | -15.7% |
| Operating profit (loss) | 9901 | €7,179 | €4,561 | -€2,618 | -36.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,613 | €998 | -€615 | -38.1% |
| Recurring financial charges | 65 | €1,613 | €998 | -€615 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €5,566 | €3,563 | -€2,003 | -36.0% |
| Income taxes | 67/77 | €1,910 | €1,446 | -€464 | -24.3% |
| Profit (loss) for the period | 9904 | €3,656 | €2,117 | -€1,539 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,656 | €2,117 | -€1,539 | -42.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.