JB Projects: 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 Projects
Largest movements
- Receivables within one year -€20,411
down €20,411 (-35.9%), from €56,881 to €36,470
of which Other amounts receivable: -€11,110
- Cash +€11,297
up €11,297 (+315%), from €3,588 to €14,886
mainly Receivables within one year (+€20,411) and Net result for the year (+€10,240)
- Tangible fixed assets -€6,917
down €6,917 (-46.9%), from €14,750 to €7,833
of which Furniture and vehicles: -€6,582
- Financial fixed assets -€1,500
down €1,500 (-100%), from €1,500 to €0
- Deferred charges and accrued income -€934
down €934 (-47.4%), from €1,972 to €1,038
- Other debts -€32,250
down €32,250 (-100%), from €32,250 to €0
- Reserves +€10,240
up €10,240 (+38.4%), from €26,638 to €36,879
- Tax, wage and social debts +€6,293
up €6,293 (+40.4%), from €15,563 to €21,856
- Trade debts -€2,748
down €2,748 (-64.8%), from €4,240 to €1,491
- Gross operating margin +€8,391
up €8,391 (+47.7%), from €17,574 to €25,965
- Taxes +€3,606
up €3,606 (+64.6%), from €5,585 to €9,190
- Depreciation -€1,346
down €1,346 (-16.3%), from €8,263 to €6,917
- Financial income -€589
down €589 (-29.1%), from €2,023 to €1,434
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 | €78,692 | €60,227 | -€18,465 | -23.5% |
| Fixed assets | 21/28 | €16,250 | €7,833 | -€8,417 | -51.8% |
| Tangible fixed assets | 22/27 | €14,750 | €7,833 | -€6,917 | -46.9% |
| Furniture and vehicles | 24 | €12,469 | €5,887 | -€6,582 | -52.8% |
| Other tangible fixed assets | 26 | €2,282 | €1,947 | -€335 | -14.7% |
| Financial fixed assets | 28 | €1,500 | €0 | -€1,500 | -100% |
| Current assets | 29/58 | €62,442 | €52,394 | -€10,048 | -16.1% |
| Amounts receivable within one year | 40/41 | €56,881 | €36,470 | -€20,411 | -35.9% |
| Trade receivables | 40 | €18,424 | €9,122 | -€9,302 | -50.5% |
| Other amounts receivable | 41 | €38,458 | €27,348 | -€11,110 | -28.9% |
| Cash at bank and in hand | 54/58 | €3,588 | €14,886 | +€11,297 | +315% |
| Deferred charges and accrued income | 490/1 | €1,972 | €1,038 | -€934 | -47.4% |
| Total equity and liabilities | 10/49 | €78,692 | €60,227 | -€18,465 | -23.5% |
| Equity | 10/15 | €26,639 | €36,880 | +€10,240 | +38.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €26,638 | €36,879 | +€10,240 | +38.4% |
| Distributable reserves | 133 | €26,638 | €36,879 | +€10,240 | +38.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,053 | €23,348 | -€28,706 | -55.1% |
| Amounts payable within one year | 42/48 | €52,053 | €23,348 | -€28,706 | -55.1% |
| Trade debts | 44 | €4,240 | €1,491 | -€2,748 | -64.8% |
| Suppliers | 440/4 | €4,240 | €1,491 | -€2,748 | -64.8% |
| Taxes, remuneration and social security | 45 | €15,563 | €21,856 | +€6,293 | +40.4% |
| Taxes | 450/3 | €15,563 | €21,856 | +€6,293 | +40.4% |
| Other amounts payable | 47/48 | €32,250 | €0 | -€32,250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,263 | €6,917 | -€1,346 | -16.3% |
| Other operating charges | 640/8 | €846 | €912 | +€66 | +7.8% |
| Gross operating margin | 9900 | €17,574 | €25,965 | +€8,391 | +47.7% |
| Operating profit (loss) | 9901 | €8,465 | €18,136 | +€9,671 | +114% |
| Financial income | 75/76B | €2,023 | €1,434 | -€589 | -29.1% |
| Recurring financial income | 75 | €2,023 | €1,434 | -€589 | -29.1% |
| Financial charges | 65/66B | €249 | €140 | -€110 | -44.0% |
| Recurring financial charges | 65 | €249 | €140 | -€110 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €10,239 | €19,431 | +€9,192 | +89.8% |
| Income taxes | 67/77 | €5,585 | €9,190 | +€3,606 | +64.6% |
| Profit (loss) for the period | 9904 | €4,654 | €10,240 | +€5,586 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €4,654 | €10,240 | +€5,586 | +120% |
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.