JB MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year +€282,379
up €282,379 (+205.8%), from €137,230 to €419,609
of which Other amounts receivable: +€183,200
- Financial fixed assets +€45,000
new in 2025: €45,000
- Cash +€19,990
up €19,990 (+9.7%), from €205,611 to €225,601
mainly Net result for the year (+€253,323) and Other debts (+€148,624)
- Deferred charges and accrued income +€10,944
up €10,944 (+782.3%), from €1,399 to €12,343
- Other debts +€148,624
up €148,624 (+10801.2%), from €1,376 to €150,000
- Profit (loss) carried forward +€103,323
up €103,323 (+64.9%), from €159,279 to €262,602
- Tax, wage and social debts +€95,005
up €95,005 (+117.9%), from €80,605 to €175,610
- Trade debts +€13,799
up €13,799 (+256.8%), from €5,374 to €19,173
- Gross operating margin +€149,242
up €149,242 (+45.4%), from €329,085 to €478,327
- Taxes +€45,038
up €45,038 (+90.9%), from €49,559 to €94,597
- Staff costs +€23,081
up €23,081 (+25.7%), from €89,747 to €112,828
- Other operating charges -€15,436
down €15,436 (-51.4%), from €30,019 to €14,583
- Financial income -€9,615
down €9,615 (-89.6%), from €10,736 to €1,121
of which Non-recurring financial income: -€10,642
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 | €349,634 | €710,385 | +€360,751 | +103.2% |
| Fixed assets | 21/28 | €5,394 | €52,832 | +€47,438 | +879.5% |
| Tangible fixed assets | 22/27 | €5,394 | €7,832 | +€2,438 | +45.2% |
| Furniture and vehicles | 24 | €5,394 | €7,832 | +€2,438 | +45.2% |
| Financial fixed assets | 28 | - | €45,000 | +€45,000 | |
| Current assets | 29/58 | €344,240 | €657,553 | +€313,313 | +91.0% |
| Amounts receivable within one year | 40/41 | €137,230 | €419,609 | +€282,379 | +205.8% |
| Trade receivables | 40 | €27,230 | €126,409 | +€99,179 | +364.2% |
| Other amounts receivable | 41 | €110,000 | €293,200 | +€183,200 | +166.5% |
| Cash at bank and in hand | 54/58 | €205,611 | €225,601 | +€19,990 | +9.7% |
| Deferred charges and accrued income | 490/1 | €1,399 | €12,343 | +€10,944 | +782.3% |
| Total equity and liabilities | 10/49 | €349,634 | €710,385 | +€360,751 | +103.2% |
| Equity | 10/15 | €262,279 | €365,602 | +€103,323 | +39.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,279 | €262,602 | +€103,323 | +64.9% |
| Amounts payable | 17/49 | €87,355 | €344,783 | +€257,428 | +294.7% |
| Amounts payable within one year | 42/48 | €87,355 | €344,783 | +€257,428 | +294.7% |
| Trade debts | 44 | €5,374 | €19,173 | +€13,799 | +256.8% |
| Suppliers | 440/4 | €5,374 | €19,173 | +€13,799 | +256.8% |
| Taxes, remuneration and social security | 45 | €80,605 | €175,610 | +€95,005 | +117.9% |
| Taxes | 450/3 | €80,605 | €175,610 | +€95,005 | +117.9% |
| Other amounts payable | 47/48 | €1,376 | €150,000 | +€148,624 | +10801.2% |
| Non-recurring operating income | 76A | - | €18,845 | +€18,845 | |
| Remuneration, social security and pensions | 62 | €89,747 | €112,828 | +€23,081 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,382 | €2,556 | +€1,174 | +84.9% |
| Other operating charges | 640/8 | €30,019 | €14,583 | -€15,436 | -51.4% |
| Non-recurring operating charges | 66A | €325 | €1,005 | +€680 | +209.2% |
| Gross operating margin | 9900 | €329,085 | €478,327 | +€149,242 | +45.4% |
| Operating profit (loss) | 9901 | €207,612 | €347,355 | +€139,743 | +67.3% |
| Financial income | 75/76B | €10,736 | €1,121 | -€9,615 | -89.6% |
| Recurring financial income | 75 | €94 | €1,121 | +€1,027 | +1092.6% |
| Non-recurring financial income | 76B | €10,642 | - | -€10,642 | |
| Financial charges | 65/66B | €228 | €556 | +€328 | +143.9% |
| Recurring financial charges | 65 | €228 | €556 | +€328 | +143.9% |
| Profit (loss) for the period before taxes | 9903 | €218,120 | €347,920 | +€129,800 | +59.5% |
| Income taxes | 67/77 | €49,559 | €94,597 | +€45,038 | +90.9% |
| Profit (loss) for the period | 9904 | €168,561 | €253,323 | +€84,762 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €168,561 | €253,323 | +€84,762 | +50.3% |
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 9 October 2026 via checked.be.