J.D.B.: 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.D.B.
Largest movements
- Cash +€6,084
up €6,084 (+26.4%), from €23,008 to €29,092
mainly Depreciation (+€5,134) and Stocks and contracts (+€4,564)
- Stocks and contracts -€4,564
down €4,564 (-60.5%), from €7,539 to €2,975
- Tangible fixed assets -€3,602
down €3,602 (-15.5%), from €23,198 to €19,596
of which Furniture and vehicles: -€3,602
- Debts after one year -€3,273
no longer reported in 2025 (was €3,273)
- Current portion of long-term debt +€1,329
up €1,329 (+68.4%), from €1,944 to €3,273
- Profit (loss) carried forward +€776
up €776 (+5.8%), from €13,397 to €14,173
- Other operating charges -€3,538
down €3,538 (-36.2%), from €9,782 to €6,244
- Gross operating margin +€2,909
up €2,909 (+30.2%), from €9,632 to €12,541
- Depreciation +€2,597
up €2,597 (+102.4%), from €2,537 to €5,134
- Financial charges -€133
down €133 (-21.6%), from €615 to €482
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 | €61,049 | €59,278 | -€1,771 | -2.9% |
| Fixed assets | 21/28 | €23,198 | €19,596 | -€3,602 | -15.5% |
| Tangible fixed assets | 22/27 | €23,198 | €19,596 | -€3,602 | -15.5% |
| Plant, machinery and equipment | 23 | €125 | €125 | = | 0.0% |
| Furniture and vehicles | 24 | €23,073 | €19,471 | -€3,602 | -15.6% |
| Current assets | 29/58 | €37,851 | €39,682 | +€1,831 | +4.8% |
| Stocks and contracts in progress | 3 | €7,539 | €2,975 | -€4,564 | -60.5% |
| Stocks | 30/36 | €7,539 | €2,975 | -€4,564 | -60.5% |
| Amounts receivable within one year | 40/41 | €6,887 | €7,340 | +€453 | +6.6% |
| Trade receivables | 40 | €3,954 | €4,994 | +€1,040 | +26.3% |
| Other amounts receivable | 41 | €2,933 | €2,346 | -€587 | -20.0% |
| Cash at bank and in hand | 54/58 | €23,008 | €29,092 | +€6,084 | +26.4% |
| Deferred charges and accrued income | 490/1 | €417 | €275 | -€142 | -34.1% |
| Total equity and liabilities | 10/49 | €61,049 | €59,278 | -€1,771 | -2.9% |
| Equity | 10/15 | €46,834 | €47,610 | +€776 | +1.7% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €26,000 | €26,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,397 | €14,173 | +€776 | +5.8% |
| Amounts payable | 17/49 | €14,215 | €11,668 | -€2,547 | -17.9% |
| Amounts payable after more than one year | 17 | €3,273 | - | -€3,273 | |
| Financial debts | 170/4 | €3,273 | - | -€3,273 | |
| Amounts payable within one year | 42/48 | €10,942 | €11,668 | +€726 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €1,944 | €3,273 | +€1,329 | +68.4% |
| Trade debts | 44 | €7,925 | €7,683 | -€242 | -3.1% |
| Suppliers | 440/4 | €7,925 | €7,683 | -€242 | -3.1% |
| Taxes, remuneration and social security | 45 | €1,073 | €712 | -€361 | -33.6% |
| Taxes | 450/3 | €1,073 | €712 | -€361 | -33.6% |
| Non-recurring operating income | 76A | €2,177 | - | -€2,177 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,537 | €5,134 | +€2,597 | +102.4% |
| Other operating charges | 640/8 | €9,782 | €6,244 | -€3,538 | -36.2% |
| Gross operating margin | 9900 | €9,632 | €12,541 | +€2,909 | +30.2% |
| Operating profit (loss) | 9901 | -€2,687 | €1,163 | +€3,850 | |
| Financial income | 75/76B | €0 | €95 | +€95 | |
| Recurring financial income | 75 | €0 | €95 | +€95 | |
| Financial charges | 65/66B | €615 | €482 | -€133 | -21.6% |
| Recurring financial charges | 65 | €615 | €482 | -€133 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,302 | €776 | +€4,078 | |
| Profit (loss) for the period | 9904 | -€3,302 | €776 | +€4,078 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,302 | €776 | +€4,078 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.