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 +€28,415
up €28,415 (+82.3%), from €34,538 to €62,953
mainly Net result for the year (+€41,144) and Tax, wage and social debts (+€7,540)
- Tangible fixed assets +€9,764
up €9,764 (+47.1%), from €20,743 to €30,507
of which Land and buildings: +€14,530
- Stocks and contracts +€2,500
up €2,500 (+25.0%), from €10,000 to €12,500
- Receivables within one year +€1,594
up €1,594 (+31.7%), from €5,032 to €6,626
- Profit (loss) carried forward +€41,144
up €41,144 (+318.5%), from €12,917 to €54,061
- Tax, wage and social debts +€7,540
up €7,540 (+103.4%), from €7,289 to €14,829
- Other debts -€4,246
down €4,246 (-12.7%), from €33,506 to €29,260
- Trade debts -€2,165
down €2,165 (-15.4%), from €14,101 to €11,936
- Gross operating margin +€40,948
up €40,948 (+199.9%), from €20,486 to €61,433
- Taxes +€10,229
up €10,229 (+214.9%), from €4,760 to €14,989
- Depreciation +€2,975
up €2,975 (+116.3%), from €2,557 to €5,531
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 | €70,313 | €112,586 | +€42,273 | +60.1% |
| Fixed assets | 21/28 | €20,743 | €30,507 | +€9,764 | +47.1% |
| Tangible fixed assets | 22/27 | €20,743 | €30,507 | +€9,764 | +47.1% |
| Land and buildings | 22 | - | €14,530 | +€14,530 | |
| Plant, machinery and equipment | 23 | €665 | €399 | -€267 | -40.1% |
| Furniture and vehicles | 24 | €20,078 | €15,578 | -€4,500 | -22.4% |
| Current assets | 29/58 | €49,570 | €82,079 | +€32,509 | +65.6% |
| Stocks and contracts in progress | 3 | €10,000 | €12,500 | +€2,500 | +25.0% |
| Stocks | 30/36 | €10,000 | €12,500 | +€2,500 | +25.0% |
| Amounts receivable within one year | 40/41 | €5,032 | €6,626 | +€1,594 | +31.7% |
| Trade receivables | 40 | €5,032 | €6,626 | +€1,594 | +31.7% |
| Cash at bank and in hand | 54/58 | €34,538 | €62,953 | +€28,415 | +82.3% |
| Total equity and liabilities | 10/49 | €70,313 | €112,586 | +€42,273 | +60.1% |
| Equity | 10/15 | €15,417 | €56,561 | +€41,144 | +266.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Share premium | 1100/10 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,917 | €54,061 | +€41,144 | +318.5% |
| Amounts payable | 17/49 | €54,896 | €56,025 | +€1,129 | +2.1% |
| Amounts payable within one year | 42/48 | €54,896 | €56,025 | +€1,129 | +2.1% |
| Trade debts | 44 | €14,101 | €11,936 | -€2,165 | -15.4% |
| Suppliers | 440/4 | €14,101 | €11,936 | -€2,165 | -15.4% |
| Taxes, remuneration and social security | 45 | €7,289 | €14,829 | +€7,540 | +103.4% |
| Taxes | 450/3 | €7,289 | €14,829 | +€7,540 | +103.4% |
| Other amounts payable | 47/48 | €33,506 | €29,260 | -€4,246 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,557 | €5,531 | +€2,975 | +116.3% |
| Other operating charges | 640/8 | €409 | €172 | -€237 | -57.9% |
| Gross operating margin | 9900 | €20,486 | €61,433 | +€40,948 | +199.9% |
| Operating profit (loss) | 9901 | €17,520 | €55,730 | +€38,210 | +218.1% |
| Financial income | 75/76B | €202 | €475 | +€273 | +135.5% |
| Recurring financial income | 75 | €202 | €475 | +€273 | +135.5% |
| Financial charges | 65/66B | €44 | €72 | +€28 | +64.9% |
| Recurring financial charges | 65 | €44 | €72 | +€28 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | €17,678 | €56,133 | +€38,455 | +217.5% |
| Income taxes | 67/77 | €4,760 | €14,989 | +€10,229 | +214.9% |
| Profit (loss) for the period | 9904 | €12,917 | €41,144 | +€28,226 | +218.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,917 | €41,144 | +€28,226 | +218.5% |
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 7 October 2026 via checked.be.