James B. MANAGEMENT: 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.
James B. MANAGEMENT
Largest movements
- Cash +€8,254
up €8,254 (+12.8%), from €64,478 to €72,732
mainly Net result for the year (+€24,333) and Trade debts (+€14,716)
- Receivables within one year +€4,010
up €4,010 (+37.1%), from €10,810 to €14,819
of which Other amounts receivable: +€3,195
- Deferred charges and accrued income +€1,807
up €1,807 (+653%), from €277 to €2,084
- Tangible fixed assets +€1,458
new in 2025: €1,458
- Reserves +€24,300
up €24,300 (+88.4%), from €27,500 to €51,800
- Trade debts +€14,716
up €14,716 (+215%), from €6,847 to €21,563
- Other debts -€13,631
no longer reported in 2025 (was €13,631)
- Tax, wage and social debts -€9,888
down €9,888 (-59.0%), from €16,746 to €6,857
of which Remuneration and social security: -€5,487
- Gross operating margin +€30,133
up €30,133 (+55.2%), from €54,555 to €84,688
- Staff costs +€25,551
up €25,551 (+1,746%), from €1,463 to €27,014
- Other operating charges +€5,222
up €5,222 (+62.6%), from €8,336 to €13,558
- Taxes +€2,953
up €2,953 (+17.4%), from €17,018 to €19,971
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 | €75,564 | €91,093 | +€15,529 | +20.6% |
| Fixed assets | 21/28 | - | €1,458 | +€1,458 | |
| Tangible fixed assets | 22/27 | - | €1,458 | +€1,458 | |
| Plant, machinery and equipment | 23 | - | €1,458 | +€1,458 | |
| Current assets | 29/58 | €75,564 | €89,635 | +€14,071 | +18.6% |
| Amounts receivable within one year | 40/41 | €10,810 | €14,819 | +€4,010 | +37.1% |
| Trade receivables | 40 | €10,076 | €10,890 | +€814 | +8.1% |
| Other amounts receivable | 41 | €734 | €3,929 | +€3,195 | +435% |
| Cash at bank and in hand | 54/58 | €64,478 | €72,732 | +€8,254 | +12.8% |
| Deferred charges and accrued income | 490/1 | €277 | €2,084 | +€1,807 | +653% |
| Total equity and liabilities | 10/49 | €75,564 | €91,093 | +€15,529 | +20.6% |
| Equity | 10/15 | €38,340 | €62,673 | +€24,333 | +63.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €27,500 | €51,800 | +€24,300 | +88.4% |
| Distributable reserves | 133 | €27,500 | €51,800 | +€24,300 | +88.4% |
| Profit (loss) carried forward | 14 | €3,840 | €3,873 | +€33 | +0.9% |
| Amounts payable | 17/49 | €37,224 | €28,420 | -€8,804 | -23.7% |
| Amounts payable within one year | 42/48 | €37,224 | €28,420 | -€8,804 | -23.7% |
| Trade debts | 44 | €6,847 | €21,563 | +€14,716 | +215% |
| Suppliers | 440/4 | €6,847 | €21,563 | +€14,716 | +215% |
| Taxes, remuneration and social security | 45 | €16,746 | €6,857 | -€9,888 | -59.0% |
| Taxes | 450/3 | €9,283 | €4,881 | -€4,401 | -47.4% |
| Remuneration and social security | 454/9 | €7,463 | €1,976 | -€5,487 | -73.5% |
| Other amounts payable | 47/48 | €13,631 | - | -€13,631 | |
| Remuneration, social security and pensions | 62 | €1,463 | €27,014 | +€25,551 | +1,746% |
| Other operating charges | 640/8 | €8,336 | €13,558 | +€5,222 | +62.6% |
| Gross operating margin | 9900 | €54,555 | €84,688 | +€30,133 | +55.2% |
| Operating profit (loss) | 9901 | €44,756 | €44,115 | -€641 | -1.4% |
| Financial income | 75/76B | - | €300 | +€300 | |
| Recurring financial income | 75 | - | €300 | +€300 | |
| Financial charges | 65/66B | €205 | €111 | -€93 | -45.6% |
| Recurring financial charges | 65 | €205 | €111 | -€93 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €44,551 | €44,304 | -€247 | -0.6% |
| Income taxes | 67/77 | €17,018 | €19,971 | +€2,953 | +17.4% |
| Profit (loss) for the period | 9904 | €27,533 | €24,333 | -€3,200 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,533 | €24,333 | -€3,200 | -11.6% |
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 15 October 2026 via checked.be.