JB Advisory: 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 Advisory
Largest movements
- Cash +€159,043
up €159,043 (+141%), from €112,823 to €271,866
mainly Current investments (+€146,388) and Net result for the year (+€74,070)
- Current investments -€146,388
down €146,388 (-57.9%), from €252,828 to €106,440
- Receivables within one year +€40,232
up €40,232, from €0 to €40,232
- Financial fixed assets +€11,874
new in 2025: €11,874
- Tangible fixed assets +€4,490
up €4,490 (+194%), from €2,312 to €6,802
of which Furniture and vehicles: +€4,684
- Profit (loss) carried forward +€74,070
up €74,070 (+27.8%), from €266,815 to €340,885
- Tax, wage and social debts -€30,704
down €30,704 (-30.8%), from €99,688 to €68,984
- Trade debts +€24,378
up €24,378 (+1,327%), from €1,836 to €26,214
- Gross operating margin -€84,985
down €84,985 (-40.9%), from €207,553 to €122,568
- Taxes -€28,260
down €28,260 (-60.1%), from €47,004 to €18,744
- Financial charges +€27,722
up €27,722 (+767%), from €3,612 to €31,334
- Financial income +€2,658
up €2,658 (+191%), from €1,388 to €4,046
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 | €374,647 | €442,910 | +€68,263 | +18.2% |
| Fixed assets | 21/28 | €2,312 | €18,675 | +€16,363 | +708% |
| Tangible fixed assets | 22/27 | €2,312 | €6,802 | +€4,490 | +194% |
| Plant, machinery and equipment | 23 | €195 | €0 | -€195 | -100% |
| Furniture and vehicles | 24 | €2,117 | €6,802 | +€4,684 | +221% |
| Financial fixed assets | 28 | - | €11,874 | +€11,874 | |
| Current assets | 29/58 | €372,335 | €424,235 | +€51,900 | +13.9% |
| Amounts receivable within one year | 40/41 | €0 | €40,232 | +€40,232 | |
| Trade receivables | 40 | €0 | €40,232 | +€40,232 | |
| Current investments | 50/53 | €252,828 | €106,440 | -€146,388 | -57.9% |
| Cash at bank and in hand | 54/58 | €112,823 | €271,866 | +€159,043 | +141% |
| Deferred charges and accrued income | 490/1 | €6,684 | €5,698 | -€987 | -14.8% |
| Total equity and liabilities | 10/49 | €374,647 | €442,910 | +€68,263 | +18.2% |
| Equity | 10/15 | €271,815 | €345,885 | +€74,070 | +27.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €266,815 | €340,885 | +€74,070 | +27.8% |
| Amounts payable | 17/49 | €102,832 | €97,025 | -€5,807 | -5.6% |
| Amounts payable within one year | 42/48 | €102,832 | €97,025 | -€5,807 | -5.6% |
| Trade debts | 44 | €1,836 | €26,214 | +€24,378 | +1,327% |
| Suppliers | 440/4 | €1,836 | €26,214 | +€24,378 | +1,327% |
| Taxes, remuneration and social security | 45 | €99,688 | €68,984 | -€30,704 | -30.8% |
| Taxes | 450/3 | €99,688 | €68,984 | -€30,704 | -30.8% |
| Other amounts payable | 47/48 | €1,308 | €1,827 | +€519 | +39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €858 | €1,480 | +€622 | +72.6% |
| Other operating charges | 640/8 | - | €506 | +€506 | |
| Non-recurring operating charges | 66A | - | €480 | +€480 | |
| Gross operating margin | 9900 | €207,553 | €122,568 | -€84,985 | -40.9% |
| Operating profit (loss) | 9901 | €206,695 | €120,102 | -€86,593 | -41.9% |
| Financial income | 75/76B | €1,388 | €4,046 | +€2,658 | +191% |
| Recurring financial income | 75 | €1,388 | €4,046 | +€2,658 | +191% |
| Financial charges | 65/66B | €3,612 | €31,334 | +€27,722 | +767% |
| Recurring financial charges | 65 | €3,612 | €31,334 | +€27,722 | +767% |
| Profit (loss) for the period before taxes | 9903 | €204,472 | €92,814 | -€111,657 | -54.6% |
| Income taxes | 67/77 | €47,004 | €18,744 | -€28,260 | -60.1% |
| Profit (loss) for the period | 9904 | €157,468 | €74,070 | -€83,398 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €157,468 | €74,070 | -€83,398 | -53.0% |
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 14 October 2026 via checked.be.