J.I.B: 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.I.B
Largest movements
- Tangible fixed assets +€35,123
up €35,123 (+105%), from €33,443 to €68,566
of which Furniture and vehicles: +€19,902
- Receivables within one year +€5,336
up €5,336 (+64.2%), from €8,315 to €13,651
of which Other amounts receivable: +€5,184
- Cash -€2,876
down €2,876 (-7.9%), from €36,250 to €33,375
mainly Investment in fixed assets (net) (-€46,102) and Current portion of long-term debt (-€6,986)
- Reserves +€26,910
new in 2026: €26,910
- Accrued charges and deferred income +€10,000
new in 2026: €10,000
- Current portion of long-term debt -€6,986
down €6,986 (-91.5%), from €7,638 to €652
- Profit (loss) carried forward +€5,151
up €5,151, from -€5,151 to €0
- Tax, wage and social debts +€5,043
up €5,043 (+68.4%), from €7,369 to €12,413
- Gross operating margin +€37,447
up €37,447 (+203%), from €18,423 to €55,870
- Taxes +€7,861
up €7,861 (+388%), from €2,024 to €9,885
- Depreciation +€2,297
up €2,297 (+26.4%), from €8,683 to €10,979
- Financial charges -€573
down €573 (-34.0%), from €1,688 to €1,114
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,642 | €116,947 | +€37,304 | +46.8% |
| Fixed assets | 21/28 | €33,443 | €68,566 | +€35,123 | +105% |
| Tangible fixed assets | 22/27 | €33,443 | €68,566 | +€35,123 | +105% |
| Plant, machinery and equipment | 23 | €4,531 | €12,290 | +€7,759 | +171% |
| Furniture and vehicles | 24 | €19,003 | €38,905 | +€19,902 | +105% |
| Other tangible fixed assets | 26 | €9,909 | €17,371 | +€7,462 | +75.3% |
| Current assets | 29/58 | €46,199 | €48,381 | +€2,182 | +4.7% |
| Amounts receivable within one year | 40/41 | €8,315 | €13,651 | +€5,336 | +64.2% |
| Trade receivables | 40 | €7,799 | €7,950 | +€152 | +1.9% |
| Other amounts receivable | 41 | €517 | €5,701 | +€5,184 | +1,003% |
| Cash at bank and in hand | 54/58 | €36,250 | €33,375 | -€2,876 | -7.9% |
| Deferred charges and accrued income | 490/1 | €1,633 | €1,355 | -€278 | -17.0% |
| Total equity and liabilities | 10/49 | €79,642 | €116,947 | +€37,304 | +46.8% |
| Equity | 10/15 | €59,849 | €91,910 | +€32,061 | +53.6% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | - | €26,910 | +€26,910 | |
| Distributable reserves | 133 | - | €26,910 | +€26,910 | |
| Profit (loss) carried forward | 14 | -€5,151 | €0 | +€5,151 | |
| Amounts payable | 17/49 | €19,793 | €25,037 | +€5,243 | +26.5% |
| Amounts payable after more than one year | 17 | €652 | €0 | -€652 | -100% |
| Financial debts | 170/4 | €652 | €0 | -€652 | -100% |
| Amounts payable within one year | 42/48 | €19,141 | €15,037 | -€4,104 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €7,638 | €652 | -€6,986 | -91.5% |
| Trade debts | 44 | €762 | €944 | +€182 | +23.9% |
| Suppliers | 440/4 | €762 | €944 | +€182 | +23.9% |
| Taxes, remuneration and social security | 45 | €7,369 | €12,413 | +€5,043 | +68.4% |
| Taxes | 450/3 | €7,369 | €12,413 | +€5,043 | +68.4% |
| Other amounts payable | 47/48 | €3,372 | €1,028 | -€2,344 | -69.5% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,683 | €10,979 | +€2,297 | +26.4% |
| Other operating charges | 640/8 | €1,072 | €1,003 | -€69 | -6.4% |
| Gross operating margin | 9900 | €18,423 | €55,870 | +€37,447 | +203% |
| Operating profit (loss) | 9901 | €8,668 | €43,888 | +€35,220 | +406% |
| Financial income | 75/76B | €82 | €6 | -€76 | -92.8% |
| Recurring financial income | 75 | €82 | €6 | -€76 | -92.8% |
| Financial charges | 65/66B | €1,688 | €1,114 | -€573 | -34.0% |
| Recurring financial charges | 65 | €1,688 | €1,114 | -€573 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €7,062 | €42,779 | +€35,717 | +506% |
| Income taxes | 67/77 | €2,024 | €9,885 | +€7,861 | +388% |
| Profit (loss) for the period | 9904 | €5,038 | €32,894 | +€27,856 | +553% |
| Profit (loss) for the period to be appropriated | 9905 | €5,038 | €32,894 | +€27,856 | +553% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.