JABO: 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.
JABO
Largest movements
- Tangible fixed assets +€25,920
up €25,920 (+82.9%), from €31,281 to €57,201
- Receivables within one year -€12,182
down €12,182 (-39.9%), from €30,550 to €18,369
of which Trade receivables: -€17,235
- Reserves +€38,211
up €38,211 (+28.2%), from €135,285 to €173,496
- Debts after one year -€24,860
down €24,860 (-67.1%), from €37,054 to €12,193
- Other debts +€6,487
up €6,487 (+17.7%), from €36,660 to €43,147
- Gross operating margin +€47,047
up €47,047 (+92.5%), from €50,855 to €97,901
- Taxes +€9,989
up €9,989 (+113%), from €8,869 to €18,859
- Depreciation -€7,562
down €7,562 (-60.5%), from €12,503 to €4,941
- Financial charges -€1,021
down €1,021 (-25.9%), from €3,947 to €2,926
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 | €270,376 | €286,214 | +€15,838 | +5.9% |
| Fixed assets | 21/28 | €181,281 | €207,201 | +€25,920 | +14.3% |
| Tangible fixed assets | 22/27 | €31,281 | €57,201 | +€25,920 | +82.9% |
| Furniture and vehicles | 24 | €31,281 | €57,201 | +€25,920 | +82.9% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €89,095 | €79,013 | -€10,082 | -11.3% |
| Amounts receivable within one year | 40/41 | €30,550 | €18,369 | -€12,182 | -39.9% |
| Trade receivables | 40 | €29,335 | €12,100 | -€17,235 | -58.8% |
| Other amounts receivable | 41 | €1,216 | €6,269 | +€5,053 | +416% |
| Cash at bank and in hand | 54/58 | €50,025 | €50,948 | +€923 | +1.8% |
| Deferred charges and accrued income | 490/1 | €8,519 | €9,696 | +€1,177 | +13.8% |
| Total equity and liabilities | 10/49 | €270,376 | €286,214 | +€15,838 | +5.9% |
| Equity | 10/15 | €153,885 | €192,096 | +€38,211 | +24.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €135,285 | €173,496 | +€38,211 | +28.2% |
| Distributable reserves | 133 | €135,285 | €173,496 | +€38,211 | +28.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €116,491 | €94,118 | -€22,373 | -19.2% |
| Amounts payable after more than one year | 17 | €37,054 | €12,193 | -€24,860 | -67.1% |
| Financial debts | 170/4 | €37,054 | €12,193 | -€24,860 | -67.1% |
| Amounts payable within one year | 42/48 | €74,559 | €78,232 | +€3,673 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €26,989 | €24,860 | -€2,128 | -7.9% |
| Trade debts | 44 | €659 | €825 | +€165 | +25.1% |
| Suppliers | 440/4 | €659 | €825 | +€165 | +25.1% |
| Taxes, remuneration and social security | 45 | €10,250 | €9,399 | -€851 | -8.3% |
| Taxes | 450/3 | €8,175 | €7,324 | -€851 | -10.4% |
| Remuneration and social security | 454/9 | €2,075 | €2,075 | = | 0.0% |
| Other amounts payable | 47/48 | €36,660 | €43,147 | +€6,487 | +17.7% |
| Accrued charges and deferred income | 492/3 | €4,879 | €3,693 | -€1,186 | -24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,503 | €4,941 | -€7,562 | -60.5% |
| Other operating charges | 640/8 | €1,251 | €1,691 | +€440 | +35.2% |
| Non-recurring operating charges | 66A | - | €16,697 | +€16,697 | |
| Gross operating margin | 9900 | €50,855 | €97,901 | +€47,047 | +92.5% |
| Operating profit (loss) | 9901 | €37,101 | €74,572 | +€37,471 | +101% |
| Financial income | 75/76B | €282 | €424 | +€141 | +50.0% |
| Recurring financial income | 75 | €282 | €424 | +€141 | +50.0% |
| Financial charges | 65/66B | €3,947 | €2,926 | -€1,021 | -25.9% |
| Recurring financial charges | 65 | €3,947 | €2,926 | -€1,021 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €33,436 | €72,069 | +€38,633 | +116% |
| Income taxes | 67/77 | €8,869 | €18,859 | +€9,989 | +113% |
| Profit (loss) for the period | 9904 | €24,567 | €53,211 | +€28,644 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €24,567 | €53,211 | +€28,644 | +117% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.