JB Mercantile: 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 Mercantile
Largest movements
- Cash +€86,612
up €86,612 (+1,890%), from €4,582 to €91,194
mainly Contributions, distributions and other (+€37,000) and Receivables within one year (+€29,069)
- Receivables within one year -€29,069
down €29,069 (-96.9%), from €30,014 to €945
of which Trade receivables: -€29,415
- Tangible fixed assets -€5,754
down €5,754 (-25.7%), from €22,420 to €16,666
of which Furniture and vehicles: -€5,304
- Contributions +€37,000
up €37,000 (+199%), from €18,550 to €55,550
- Profit (loss) carried forward +€6,660
up €6,660 (+12.3%), from -€54,361 to -€47,701
- Other debts +€4,700
up €4,700 (+12.3%), from €38,130 to €42,830
- Tax, wage and social debts +€3,073
up €3,073 (+65.4%), from €4,697 to €7,770
- Other operating charges +€21,007
up €21,007 (+6,771%), from €310 to €21,317
- Gross operating margin +€13,220
up €13,220 (+49.9%), from €26,470 to €39,690
- Financial charges -€2,950
down €2,950 (-33.1%), from €8,908 to €5,959
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 | €57,015 | €108,804 | +€51,789 | +90.8% |
| Fixed assets | 21/28 | €22,420 | €16,666 | -€5,754 | -25.7% |
| Tangible fixed assets | 22/27 | €22,420 | €16,666 | -€5,754 | -25.7% |
| Plant, machinery and equipment | 23 | €1,812 | €1,362 | -€450 | -24.8% |
| Furniture and vehicles | 24 | €20,608 | €15,304 | -€5,304 | -25.7% |
| Current assets | 29/58 | €34,596 | €92,139 | +€57,543 | +166% |
| Amounts receivable within one year | 40/41 | €30,014 | €945 | -€29,069 | -96.9% |
| Trade receivables | 40 | €29,415 | €0 | -€29,415 | -100% |
| Other amounts receivable | 41 | €599 | €945 | +€347 | +57.9% |
| Cash at bank and in hand | 54/58 | €4,582 | €91,194 | +€86,612 | +1,890% |
| Total equity and liabilities | 10/49 | €57,015 | €108,804 | +€51,789 | +90.8% |
| Equity | 10/15 | -€35,811 | €7,849 | +€43,660 | |
| Contributions | 10/11 | €18,550 | €55,550 | +€37,000 | +199% |
| Profit (loss) carried forward | 14 | -€54,361 | -€47,701 | +€6,660 | +12.3% |
| Amounts payable | 17/49 | €92,826 | €100,955 | +€8,129 | +8.8% |
| Amounts payable within one year | 42/48 | €92,826 | €100,955 | +€8,129 | +8.8% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €0 | €356 | +€356 | |
| Suppliers | 440/4 | €0 | €356 | +€356 | |
| Taxes, remuneration and social security | 45 | €4,697 | €7,770 | +€3,073 | +65.4% |
| Taxes | 450/3 | €4,697 | €7,770 | +€3,073 | +65.4% |
| Other amounts payable | 47/48 | €38,130 | €42,830 | +€4,700 | +12.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,743 | €5,754 | +€11 | +0.2% |
| Other operating charges | 640/8 | €310 | €21,317 | +€21,007 | +6,771% |
| Gross operating margin | 9900 | €26,470 | €39,690 | +€13,220 | +49.9% |
| Operating profit (loss) | 9901 | €20,417 | €12,619 | -€7,798 | -38.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -32.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -32.7% |
| Financial charges | 65/66B | €8,908 | €5,959 | -€2,950 | -33.1% |
| Recurring financial charges | 65 | €8,908 | €5,959 | -€2,950 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | €11,509 | €6,660 | -€4,849 | -42.1% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -26.7% |
| Profit (loss) for the period | 9904 | €11,509 | €6,660 | -€4,849 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,509 | €6,660 | -€4,849 | -42.1% |
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 25 October 2026 via checked.be.