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 -€9,910
down €9,910 (-52.4%), from €18,908 to €8,998
of which Furniture and vehicles: -€6,746
- Cash +€9,066
up €9,066 (+20.7%), from €43,793 to €52,859
mainly Net result for the year (+€13,700) and Depreciation (+€9,910)
- Receivables within one year +€8,584
up €8,584 (+16.3%), from €52,790 to €61,374
of which Other amounts receivable: +€11,699
- Reserves +€13,700
up €13,700 (+24.8%), from €55,300 to €69,000
- Trade debts -€5,813
down €5,813 (-40.5%), from €14,345 to €8,531
- Tax, wage and social debts +€5,046
up €5,046 (+13.3%), from €37,862 to €42,907
of which Remuneration and social security: +€6,322
- Current portion of long-term debt -€4,483
down €4,483 (-61.6%), from €7,283 to €2,799
- Short-term financial debts +€3,296
up €3,296 (+108%), from €3,052 to €6,347
- Staff costs +€28,161
up €28,161 (+17.8%), from €158,466 to €186,627
- Gross operating margin +€25,177
up €25,177 (+13.1%), from €192,727 to €217,903
- Other operating charges -€4,204
down €4,204 (-60.0%), from €7,007 to €2,802
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 | €131,674 | €139,746 | +€8,071 | +6.1% |
| Fixed assets | 21/28 | €21,308 | €11,398 | -€9,910 | -46.5% |
| Tangible fixed assets | 22/27 | €18,908 | €8,998 | -€9,910 | -52.4% |
| Plant, machinery and equipment | 23 | €5,531 | €2,367 | -€3,164 | -57.2% |
| Furniture and vehicles | 24 | €13,378 | €6,632 | -€6,746 | -50.4% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €110,366 | €128,347 | +€17,981 | +16.3% |
| Stocks and contracts in progress | 3 | €13,783 | €13,714 | -€68 | -0.5% |
| Stocks | 30/36 | €13,783 | €13,714 | -€68 | -0.5% |
| Amounts receivable within one year | 40/41 | €52,790 | €61,374 | +€8,584 | +16.3% |
| Trade receivables | 40 | €45,475 | €42,360 | -€3,115 | -6.8% |
| Other amounts receivable | 41 | €7,315 | €19,014 | +€11,699 | +160% |
| Cash at bank and in hand | 54/58 | €43,793 | €52,859 | +€9,066 | +20.7% |
| Deferred charges and accrued income | 490/1 | €0 | €400 | +€400 | |
| Total equity and liabilities | 10/49 | €131,674 | €139,746 | +€8,071 | +6.1% |
| Equity | 10/15 | €57,365 | €71,065 | +€13,700 | +23.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €55,300 | €69,000 | +€13,700 | +24.8% |
| Distributable reserves | 133 | €55,300 | €69,000 | +€13,700 | +24.8% |
| Profit (loss) carried forward | 14 | €65 | €65 | -€0 | -0.2% |
| Amounts payable | 17/49 | €74,309 | €68,681 | -€5,629 | -7.6% |
| Amounts payable after more than one year | 17 | €7,161 | €4,362 | -€2,799 | -39.1% |
| Financial debts | 170/4 | €7,161 | €4,362 | -€2,799 | -39.1% |
| Amounts payable within one year | 42/48 | €66,937 | €64,141 | -€2,796 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €7,283 | €2,799 | -€4,483 | -61.6% |
| Financial debts | 43 | €3,052 | €6,347 | +€3,296 | +108% |
| Credit institutions | 430/8 | €3,052 | €6,347 | +€3,296 | +108% |
| Trade debts | 44 | €14,345 | €8,531 | -€5,813 | -40.5% |
| Suppliers | 440/4 | €14,345 | €8,531 | -€5,813 | -40.5% |
| Taxes, remuneration and social security | 45 | €37,862 | €42,907 | +€5,046 | +13.3% |
| Taxes | 450/3 | €19,968 | €18,692 | -€1,277 | -6.4% |
| Remuneration and social security | 454/9 | €17,894 | €24,216 | +€6,322 | +35.3% |
| Other amounts payable | 47/48 | €4,396 | €3,555 | -€841 | -19.1% |
| Accrued charges and deferred income | 492/3 | €211 | €178 | -€33 | -15.7% |
| Remuneration, social security and pensions | 62 | €158,466 | €186,627 | +€28,161 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,910 | €9,910 | = | 0.0% |
| Other operating charges | 640/8 | €7,007 | €2,802 | -€4,204 | -60.0% |
| Gross operating margin | 9900 | €192,727 | €217,903 | +€25,177 | +13.1% |
| Operating profit (loss) | 9901 | €17,344 | €18,564 | +€1,220 | +7.0% |
| Financial income | 75/76B | €42 | €116 | +€75 | +180% |
| Recurring financial income | 75 | €42 | €116 | +€75 | +180% |
| Financial charges | 65/66B | €1,598 | €1,483 | -€115 | -7.2% |
| Recurring financial charges | 65 | €1,598 | €1,483 | -€115 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €15,788 | €17,197 | +€1,409 | +8.9% |
| Income taxes | 67/77 | €3,410 | €3,497 | +€87 | +2.6% |
| Profit (loss) for the period | 9904 | €12,378 | €13,700 | +€1,322 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,378 | €13,700 | +€1,322 | +10.7% |
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 18 October 2026 via checked.be.