JB: what changed
Two fiscal 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.
JB
Largest movements
- Cash -€29,783
down €29,783 (-98.4%), from €30,271 to €488
mainly Receivables after one year (-€26,988) and Net result for the year (-€8,942)
- Receivables after one year +€26,988
new in 2025: €26,988
- Receivables within one year +€8,527
up €8,527 (+131.1%), from €6,506 to €15,033
of which Trade receivables: +€8,124
- Tangible fixed assets -€5,462
down €5,462 (-29.5%), from €18,512 to €13,049
- Tax, wage and social debts +€9,346
up €9,346 (+490.9%), from €1,904 to €11,250
- Profit (loss) carried forward -€8,942
down €8,942 (-30.0%), from €29,770 to €20,828
- Turnover -€10,656
down €10,656 (-23.5%), from €45,333 to €34,677
- Staff costs -€6,951
down €6,951 (-91.6%), from €7,590 to €639
- Gross operating margin -€4,255
down €4,255, from €2,829 to -€1,426
- Purchases and services -€3,535
down €3,535 (-8.3%), from €42,504 to €38,969
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.
Cash bridge derived
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 | €56,095 | €56,267 | +€173 | +0.3% |
| Fixed assets | 21/28 | €18,822 | €13,359 | -€5,462 | -29.0% |
| Tangible fixed assets | 22/27 | €18,512 | €13,049 | -€5,462 | -29.5% |
| Furniture and vehicles | 24 | €18,512 | €13,049 | -€5,462 | -29.5% |
| Financial fixed assets | 28 | €310 | €310 | = | 0.0% |
| Current assets | 29/58 | €37,273 | €42,908 | +€5,635 | +15.1% |
| Amounts receivable after more than one year | 29 | - | €26,988 | +€26,988 | |
| Trade receivables | 290 | - | €26,988 | +€26,988 | |
| Amounts receivable within one year | 40/41 | €6,506 | €15,033 | +€8,527 | +131.1% |
| Trade receivables | 40 | - | €8,124 | +€8,124 | |
| Other amounts receivable | 41 | €6,506 | €6,909 | +€403 | +6.2% |
| Cash at bank and in hand | 54/58 | €30,271 | €488 | -€29,783 | -98.4% |
| Deferred charges and accrued income | 490/1 | €496 | €400 | -€97 | -19.5% |
| Total equity and liabilities | 10/49 | €56,095 | €56,267 | +€173 | +0.3% |
| Equity | 10/15 | €52,847 | €43,904 | -€8,942 | -16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,476 | €4,476 | = | 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% |
| Tax-exempt reserves | 132 | €2,616 | €2,616 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,770 | €20,828 | -€8,942 | -30.0% |
| Amounts payable | 17/49 | €3,248 | €12,363 | +€9,115 | +280.6% |
| Amounts payable within one year | 42/48 | €2,936 | €12,363 | +€9,427 | +321.0% |
| Trade debts | 44 | €1,033 | €1,113 | +€81 | +7.8% |
| Suppliers | 440/4 | €1,033 | €1,113 | +€81 | +7.8% |
| Taxes, remuneration and social security | 45 | €1,904 | €11,250 | +€9,346 | +490.9% |
| Remuneration and social security | 454/9 | €1,904 | €11,250 | +€9,346 | +490.9% |
| Accrued charges and deferred income | 492/3 | €312 | - | -€312 | |
| Turnover | 70 | €45,333 | €34,677 | -€10,656 | -23.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €42,504 | €38,969 | -€3,535 | -8.3% |
| Remuneration, social security and pensions | 62 | €7,590 | €639 | -€6,951 | -91.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,462 | €5,462 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,521 | €1,351 | -€170 | -11.2% |
| Gross operating margin | 9900 | €2,829 | -€1,426 | -€4,255 | |
| Operating profit (loss) | 9901 | -€11,745 | -€8,878 | +€2,866 | +24.4% |
| Financial charges | 65/66B | €65 | €64 | -€1 | -1.1% |
| Recurring financial charges | 65 | €65 | €64 | -€1 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,810 | -€8,942 | +€2,867 | +24.3% |
| Profit (loss) for the period | 9904 | -€11,810 | -€8,942 | +€2,867 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,810 | -€8,942 | +€2,867 | +24.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.