JABINVEST: 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.
JABINVEST
Largest movements
- Financial fixed assets +€375,000
new in 2025: €375,000
- Cash -€106,529
down €106,529 (-83.6%), from €127,381 to €20,852
mainly Investment in fixed assets (net) (-€442,007) and Contributions, distributions and other (-€125,171)
- Tangible fixed assets +€32,700
up €32,700 (+67.4%), from €48,514 to €81,213
- Current investments -€22,000
down €22,000 (-61.1%), from €36,000 to €14,000
- Receivables within one year +€10,091
up €10,091 (+295%), from €3,418 to €13,510
of which Trade receivables: +€10,091
- Debts after one year +€334,711
new in 2025: €334,711
- Reserves -€42,302
down €42,302 (-100%), from €42,302 to €0
- Current portion of long-term debt +€28,612
new in 2025: €28,612
- Other debts -€19,363
down €19,363 (-15.1%), from €128,520 to €109,157
- Tax, wage and social debts -€14,749
down €14,749 (-34.2%), from €43,091 to €28,342
- Gross operating margin +€97,569
up €97,569 (+171%), from €56,900 to €154,469
- Taxes +€22,752
up €22,752 (+274%), from €8,299 to €31,051
- Depreciation +€12,814
up €12,814 (+59.6%), from €21,494 to €34,308
- Financial income -€5,803
down €5,803 (-88.9%), from €6,525 to €722
- Financial charges +€5,637
up €5,637 (+6,837%), from €82 to €5,719
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 | €216,842 | €505,574 | +€288,732 | +133% |
| Fixed assets | 21/28 | €48,514 | €456,213 | +€407,700 | +840% |
| Tangible fixed assets | 22/27 | €48,514 | €81,213 | +€32,700 | +67.4% |
| Furniture and vehicles | 24 | €48,514 | €81,213 | +€32,700 | +67.4% |
| Financial fixed assets | 28 | - | €375,000 | +€375,000 | |
| Current assets | 29/58 | €168,329 | €49,361 | -€118,968 | -70.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €3,418 | €13,510 | +€10,091 | +295% |
| Trade receivables | 40 | €0 | €10,091 | +€10,091 | |
| Other amounts receivable | 41 | €3,418 | €3,418 | = | 0.0% |
| Current investments | 50/53 | €36,000 | €14,000 | -€22,000 | -61.1% |
| Cash at bank and in hand | 54/58 | €127,381 | €20,852 | -€106,529 | -83.6% |
| Deferred charges and accrued income | 490/1 | €1,530 | €999 | -€531 | -34.7% |
| Total equity and liabilities | 10/49 | €216,842 | €505,574 | +€288,732 | +133% |
| Equity | 10/15 | €43,302 | €1,000 | -€42,302 | -97.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €42,302 | €0 | -€42,302 | -100% |
| Distributable reserves | 133 | €42,302 | €0 | -€42,302 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €173,541 | €504,574 | +€331,034 | +191% |
| Amounts payable after more than one year | 17 | - | €334,711 | +€334,711 | |
| Financial debts | 170/4 | - | €334,711 | +€334,711 | |
| Amounts payable within one year | 42/48 | €173,541 | €166,560 | -€6,981 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | - | €28,612 | +€28,612 | |
| Trade debts | 44 | €1,930 | €448 | -€1,482 | -76.8% |
| Suppliers | 440/4 | €1,930 | €448 | -€1,482 | -76.8% |
| Taxes, remuneration and social security | 45 | €43,091 | €28,342 | -€14,749 | -34.2% |
| Taxes | 450/3 | €43,091 | €28,342 | -€14,749 | -34.2% |
| Other amounts payable | 47/48 | €128,520 | €109,157 | -€19,363 | -15.1% |
| Accrued charges and deferred income | 492/3 | - | €3,303 | +€3,303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,494 | €34,308 | +€12,814 | +59.6% |
| Other operating charges | 640/8 | €835 | €1,244 | +€410 | +49.1% |
| Gross operating margin | 9900 | €56,900 | €154,469 | +€97,569 | +171% |
| Operating profit (loss) | 9901 | €34,571 | €118,917 | +€84,346 | +244% |
| Financial income | 75/76B | €6,525 | €722 | -€5,803 | -88.9% |
| Recurring financial income | 75 | €6,525 | €722 | -€5,803 | -88.9% |
| Financial charges | 65/66B | €82 | €5,719 | +€5,637 | +6,837% |
| Recurring financial charges | 65 | €82 | €5,719 | +€5,637 | +6,837% |
| Profit (loss) for the period before taxes | 9903 | €41,014 | €113,919 | +€72,906 | +178% |
| Income taxes | 67/77 | €8,299 | €31,051 | +€22,752 | +274% |
| Profit (loss) for the period | 9904 | €32,715 | €82,869 | +€50,154 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €32,715 | €82,869 | +€50,154 | +153% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.