JAMES BAR: 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 BAR
Largest movements
- Receivables within one year -€23,569
down €23,569 (-12.4%), from €190,372 to €166,803
of which Trade receivables: -€16,140
- Accrued charges and deferred income -€10,634
down €10,634 (-66.7%), from €15,951 to €5,317
- Debts after one year -€8,221
down €8,221 (-75.1%), from €10,948 to €2,727
- Current portion of long-term debt -€4,055
down €4,055 (-33.1%), from €12,247 to €8,192
- Gross operating margin -€11,851
down €11,851, from €10,678 to -€1,173
- Taxes -€1,989
down €1,989 (-100%), from €1,989 to €0
- Staff costs -€1,483
down €1,483 (-100%), from €1,483 to €0
- Financial charges -€853
down €853 (-76.4%), from €1,116 to €263
- Other operating charges -€637
down €637 (-81.5%), from €781 to €144
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 | €192,425 | €167,606 | -€24,819 | -12.9% |
| Current assets | 29/58 | €192,425 | €167,606 | -€24,819 | -12.9% |
| Amounts receivable within one year | 40/41 | €190,372 | €166,803 | -€23,569 | -12.4% |
| Trade receivables | 40 | €65,396 | €49,256 | -€16,140 | -24.7% |
| Other amounts receivable | 41 | €124,976 | €117,547 | -€7,429 | -5.9% |
| Cash at bank and in hand | 54/58 | €2,053 | €803 | -€1,250 | -60.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €192,425 | €167,606 | -€24,819 | -12.9% |
| Equity | 10/15 | €61,544 | €59,963 | -€1,581 | -2.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €43,834 | €43,834 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €41,974 | €41,974 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,310 | €3,729 | -€1,581 | -29.8% |
| Amounts payable | 17/49 | €130,881 | €107,643 | -€23,238 | -17.8% |
| Amounts payable after more than one year | 17 | €10,948 | €2,727 | -€8,221 | -75.1% |
| Financial debts | 170/4 | €10,948 | €2,727 | -€8,221 | -75.1% |
| Amounts payable within one year | 42/48 | €103,982 | €99,599 | -€4,383 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €12,247 | €8,192 | -€4,055 | -33.1% |
| Trade debts | 44 | €80,048 | €80,245 | +€197 | +0.2% |
| Suppliers | 440/4 | €80,048 | €80,245 | +€197 | +0.2% |
| Taxes, remuneration and social security | 45 | €3,650 | €1,989 | -€1,661 | -45.5% |
| Taxes | 450/3 | €3,650 | €1,989 | -€1,661 | -45.5% |
| Other amounts payable | 47/48 | €8,036 | €9,173 | +€1,137 | +14.1% |
| Accrued charges and deferred income | 492/3 | €15,951 | €5,317 | -€10,634 | -66.7% |
| Non-recurring operating income | 76A | €13,378 | €0 | -€13,378 | -100% |
| Remuneration, social security and pensions | 62 | €1,483 | €0 | -€1,483 | -100% |
| Other operating charges | 640/8 | €781 | €144 | -€637 | -81.5% |
| Gross operating margin | 9900 | €10,678 | -€1,173 | -€11,851 | |
| Operating profit (loss) | 9901 | €8,414 | -€1,317 | -€9,732 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,116 | €263 | -€853 | -76.4% |
| Recurring financial charges | 65 | €1,116 | €263 | -€853 | -76.4% |
| Profit (loss) for the period before taxes | 9903 | €7,299 | -€1,581 | -€8,879 | |
| Income taxes | 67/77 | €1,989 | €0 | -€1,989 | -100% |
| Profit (loss) for the period | 9904 | €5,310 | -€1,581 | -€6,890 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,310 | -€1,581 | -€6,890 |
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.