JB-M: 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-M
Largest movements
- Cash -€13,882
down €13,882 (-14.2%), from €97,484 to €83,603
mainly Contributions, distributions and other (-€60,877) and Other debts (-€18,555)
- Tangible fixed assets -€8,304
down €8,304 (-70.6%), from €11,763 to €3,460
- Other debts -€18,555
down €18,555 (-26.4%), from €70,322 to €51,768
- Tax, wage and social debts -€3,044
down €3,044 (-15.5%), from €19,663 to €16,618
- Gross operating margin -€27,809
down €27,809 (-24.6%), from €113,030 to €85,221
- Taxes -€5,881
down €5,881 (-27.1%), from €21,677 to €15,795
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 | €110,398 | €87,998 | -€22,400 | -20.3% |
| Fixed assets | 21/28 | €11,763 | €3,460 | -€8,304 | -70.6% |
| Tangible fixed assets | 22/27 | €11,763 | €3,460 | -€8,304 | -70.6% |
| Furniture and vehicles | 24 | €11,763 | €3,460 | -€8,304 | -70.6% |
| Current assets | 29/58 | €98,635 | €84,538 | -€14,097 | -14.3% |
| Amounts receivable within one year | 40/41 | €1,151 | €936 | -€215 | -18.7% |
| Trade receivables | 40 | €634 | - | -€634 | |
| Other amounts receivable | 41 | €517 | €936 | +€419 | +80.9% |
| Cash at bank and in hand | 54/58 | €97,484 | €83,603 | -€13,882 | -14.2% |
| Total equity and liabilities | 10/49 | €110,398 | €87,998 | -€22,400 | -20.3% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €91,798 | €69,398 | -€22,400 | -24.4% |
| Amounts payable within one year | 42/48 | €91,798 | €69,398 | -€22,400 | -24.4% |
| Trade debts | 44 | €1,813 | €1,012 | -€801 | -44.2% |
| Suppliers | 440/4 | €1,813 | €1,012 | -€801 | -44.2% |
| Taxes, remuneration and social security | 45 | €19,663 | €16,618 | -€3,044 | -15.5% |
| Taxes | 450/3 | €19,663 | €16,618 | -€3,044 | -15.5% |
| Other amounts payable | 47/48 | €70,322 | €51,768 | -€18,555 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,304 | €8,304 | = | 0.0% |
| Other operating charges | 640/8 | €898 | €911 | +€13 | +1.5% |
| Gross operating margin | 9900 | €113,030 | €85,221 | -€27,809 | -24.6% |
| Operating profit (loss) | 9901 | €103,829 | €76,007 | -€27,822 | -26.8% |
| Financial income | 75/76B | €596 | €719 | +€123 | +20.6% |
| Recurring financial income | 75 | €596 | €719 | +€123 | +20.6% |
| Financial charges | 65/66B | €42 | €53 | +€11 | +26.6% |
| Recurring financial charges | 65 | €42 | €53 | +€11 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €104,382 | €76,672 | -€27,711 | -26.5% |
| Income taxes | 67/77 | €21,677 | €15,795 | -€5,881 | -27.1% |
| Profit (loss) for the period | 9904 | €82,706 | €60,877 | -€21,829 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €82,706 | €60,877 | -€21,829 | -26.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.