JABELAN: 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.
JABELAN
Largest movements
- Tangible fixed assets +€179,934
up €179,934 (+15.9%), from €1.1m to €1.3m
of which Land and buildings: +€180,785
- Cash -€46,586
down €46,586 (-33.6%), from €138,678 to €92,092
mainly Investment in fixed assets (net) (-€246,685) and Current investments (-€45,889)
- Current investments +€45,889
new in 2025: €45,889
- Receivables within one year +€17,762
up €17,762 (+521%), from €3,412 to €21,174
of which Other amounts receivable: +€15,023
- Debts after one year +€118,956
up €118,956 (+21.4%), from €555,645 to €674,601
of which Financial debts: +€118,956
- Profit (loss) carried forward +€71,320
up €71,320 (+12.9%), from €553,432 to €624,753
- Current portion of long-term debt +€16,284
up €16,284 (+37.6%), from €43,354 to €59,638
- Gross operating margin -€33,306
down €33,306 (-14.5%), from €230,343 to €197,037
- Taxes -€12,026
down €12,026 (-38.7%), from €31,040 to €19,014
- Depreciation +€5,783
up €5,783 (+9.5%), from €60,968 to €66,751
- Financial charges +€3,603
up €3,603 (+14.3%), from €25,259 to €28,863
- Other operating charges +€3,357
up €3,357 (+43.7%), from €7,689 to €11,045
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 | €1,276,212 | €1,473,212 | +€196,999 | +15.4% |
| Fixed assets | 21/28 | €1,134,123 | €1,314,057 | +€179,934 | +15.9% |
| Tangible fixed assets | 22/27 | €1,134,123 | €1,314,057 | +€179,934 | +15.9% |
| Land and buildings | 22 | €1,131,379 | €1,312,164 | +€180,785 | +16.0% |
| Plant, machinery and equipment | 23 | €98 | €11 | -€87 | -89.2% |
| Furniture and vehicles | 24 | €2,646 | €1,882 | -€764 | -28.9% |
| Current assets | 29/58 | €142,090 | €159,155 | +€17,065 | +12.0% |
| Amounts receivable within one year | 40/41 | €3,412 | €21,174 | +€17,762 | +521% |
| Trade receivables | 40 | €3,412 | €6,151 | +€2,739 | +80.3% |
| Other amounts receivable | 41 | - | €15,023 | +€15,023 | |
| Current investments | 50/53 | - | €45,889 | +€45,889 | |
| Cash at bank and in hand | 54/58 | €138,678 | €92,092 | -€46,586 | -33.6% |
| Total equity and liabilities | 10/49 | €1,276,212 | €1,473,212 | +€196,999 | +15.4% |
| Equity | 10/15 | €573,892 | €645,213 | +€71,320 | +12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €553,432 | €624,753 | +€71,320 | +12.9% |
| Amounts payable | 17/49 | €702,320 | €827,999 | +€125,679 | +17.9% |
| Amounts payable after more than one year | 17 | €555,645 | €674,601 | +€118,956 | +21.4% |
| Financial debts | 170/4 | €530,645 | €649,601 | +€118,956 | +22.4% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €146,675 | €153,397 | +€6,723 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €43,354 | €59,638 | +€16,284 | +37.6% |
| Trade debts | 44 | €7,679 | €5,523 | -€2,156 | -28.1% |
| Suppliers | 440/4 | €7,679 | €5,523 | -€2,156 | -28.1% |
| Taxes, remuneration and social security | 45 | €13,481 | €1,452 | -€12,029 | -89.2% |
| Taxes | 450/3 | €13,481 | €1,452 | -€12,029 | -89.2% |
| Other amounts payable | 47/48 | €82,162 | €86,785 | +€4,623 | +5.6% |
| Remuneration, social security and pensions | 62 | €0 | €206 | +€206 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,968 | €66,751 | +€5,783 | +9.5% |
| Other operating charges | 640/8 | €7,689 | €11,045 | +€3,357 | +43.7% |
| Gross operating margin | 9900 | €230,343 | €197,037 | -€33,306 | -14.5% |
| Operating profit (loss) | 9901 | €161,687 | €119,035 | -€42,651 | -26.4% |
| Financial income | 75/76B | - | €162 | +€162 | |
| Recurring financial income | 75 | - | €162 | +€162 | |
| Financial charges | 65/66B | €25,259 | €28,863 | +€3,603 | +14.3% |
| Recurring financial charges | 65 | €25,259 | €28,863 | +€3,603 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €136,427 | €90,335 | -€46,093 | -33.8% |
| Income taxes | 67/77 | €31,040 | €19,014 | -€12,026 | -38.7% |
| Profit (loss) for the period | 9904 | €105,388 | €71,320 | -€34,067 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €105,388 | €71,320 | -€34,067 | -32.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.