JB ACCOUNTING: 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.
JB ACCOUNTING
Largest movements
- Receivables within one year +€32,686
up €32,686 (+120%), from €27,135 to €59,822
- Cash -€18,094
down €18,094 (-61.7%), from €29,315 to €11,222
mainly Receivables within one year (-€32,686) and Investment in fixed assets (net) (-€11,907)
- Tangible fixed assets +€8,990
up €8,990 (+590%), from €1,523 to €10,513
of which Furniture and vehicles: +€8,885
- Financial fixed assets +€1,700
new in 2025: €1,700
- Other debts +€8,792
up €8,792 (+3,555%), from €247 to €9,039
- Tax, wage and social debts +€7,427
up €7,427 (+66.8%), from €11,123 to €18,550
of which Remuneration and social security: +€8,493
- Trade debts +€5,954
up €5,954 (+242%), from €2,457 to €8,411
- Reserves +€2,805
up €2,805 (+10.4%), from €26,994 to €29,799
- Staff costs +€56,930
new in 2025: €56,930
- Gross operating margin +€33,634
up €33,634 (+88.1%), from €38,174 to €71,808
- Other operating charges +€6,408
up €6,408 (+218%), from €2,933 to €9,341
- Taxes -€6,020
down €6,020 (-80.4%), from €7,491 to €1,472
- Depreciation +€966
up €966 (+385%), from €251 to €1,217
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 | €60,821 | €85,800 | +€24,979 | +41.1% |
| Fixed assets | 21/28 | €1,523 | €12,213 | +€10,690 | +702% |
| Tangible fixed assets | 22/27 | €1,523 | €10,513 | +€8,990 | +590% |
| Plant, machinery and equipment | 23 | €1,523 | €1,628 | +€105 | +6.9% |
| Furniture and vehicles | 24 | - | €8,885 | +€8,885 | |
| Financial fixed assets | 28 | - | €1,700 | +€1,700 | |
| Current assets | 29/58 | €59,297 | €73,587 | +€14,289 | +24.1% |
| Amounts receivable within one year | 40/41 | €27,135 | €59,822 | +€32,686 | +120% |
| Trade receivables | 40 | €27,135 | €59,822 | +€32,686 | +120% |
| Cash at bank and in hand | 54/58 | €29,315 | €11,222 | -€18,094 | -61.7% |
| Deferred charges and accrued income | 490/1 | €2,847 | €2,543 | -€303 | -10.7% |
| Total equity and liabilities | 10/49 | €60,821 | €85,800 | +€24,979 | +41.1% |
| Equity | 10/15 | €46,994 | €49,799 | +€2,805 | +6.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €26,994 | €29,799 | +€2,805 | +10.4% |
| Distributable reserves | 133 | €26,994 | €29,799 | +€2,805 | +10.4% |
| Amounts payable | 17/49 | €13,827 | €36,000 | +€22,174 | +160% |
| Amounts payable within one year | 42/48 | €13,827 | €36,000 | +€22,174 | +160% |
| Trade debts | 44 | €2,457 | €8,411 | +€5,954 | +242% |
| Suppliers | 440/4 | €2,457 | €8,411 | +€5,954 | +242% |
| Taxes, remuneration and social security | 45 | €11,123 | €18,550 | +€7,427 | +66.8% |
| Taxes | 450/3 | €11,123 | €10,057 | -€1,066 | -9.6% |
| Remuneration and social security | 454/9 | - | €8,493 | +€8,493 | |
| Other amounts payable | 47/48 | €247 | €9,039 | +€8,792 | +3,555% |
| Remuneration, social security and pensions | 62 | - | €56,930 | +€56,930 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251 | €1,217 | +€966 | +385% |
| Other operating charges | 640/8 | €2,933 | €9,341 | +€6,408 | +218% |
| Gross operating margin | 9900 | €38,174 | €71,808 | +€33,634 | +88.1% |
| Operating profit (loss) | 9901 | €34,990 | €4,320 | -€30,670 | -87.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €40 | €43 | +€3 | +8.5% |
| Recurring financial charges | 65 | €40 | €43 | +€3 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €34,950 | €4,277 | -€30,673 | -87.8% |
| Income taxes | 67/77 | €7,491 | €1,472 | -€6,020 | -80.4% |
| Profit (loss) for the period | 9904 | €27,459 | €2,805 | -€24,654 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,459 | €2,805 | -€24,654 | -89.8% |
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 26 October 2026 via checked.be.