JB-S: 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-S
Largest movements
- Cash -€16,607
down €16,607 (-89.1%), from €18,648 to €2,040
mainly Trade debts (-€49,607) and Investment in fixed assets (net) (-€2,350)
- Receivables within one year +€2,294
up €2,294 (+35.3%), from €6,496 to €8,790
of which Trade receivables: +€1,250
- Tangible fixed assets +€2,191
up €2,191 (+11.0%), from €20,000 to €22,191
of which Furniture and vehicles: +€2,191
- Trade debts -€49,607
down €49,607 (-74.2%), from €66,854 to €17,247
- Other debts +€34,406
up €34,406 (+46.9%), from €73,363 to €107,769
- Profit (loss) carried forward +€3,485
up €3,485 (+108.7%), from €3,208 to €6,693
- Gross operating margin +€3,206
up €3,206 (+102.9%), from €3,116 to €6,322
- Taxes +€736
up €736 (+313.4%), from €235 to €971
- Other operating charges -€385
down €385 (-76.3%), from €505 to €120
- Financial charges +€361
up €361 (+27.4%), from €1,316 to €1,678
- Depreciation +€158
new in 2025: €158
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 | €211,132 | €199,683 | -€11,448 | -5.4% |
| Fixed assets | 21/28 | €185,000 | €187,191 | +€2,191 | +1.2% |
| Tangible fixed assets | 22/27 | €20,000 | €22,191 | +€2,191 | +11.0% |
| Furniture and vehicles | 24 | - | €2,191 | +€2,191 | |
| Other tangible fixed assets | 26 | €20,000 | €20,000 | = | 0.0% |
| Financial fixed assets | 28 | €165,000 | €165,000 | = | 0.0% |
| Current assets | 29/58 | €26,132 | €12,492 | -€13,640 | -52.2% |
| Amounts receivable within one year | 40/41 | €6,496 | €8,790 | +€2,294 | +35.3% |
| Trade receivables | 40 | - | €1,250 | +€1,250 | |
| Other amounts receivable | 41 | €6,496 | €7,540 | +€1,044 | +16.1% |
| Cash at bank and in hand | 54/58 | €18,648 | €2,040 | -€16,607 | -89.1% |
| Deferred charges and accrued income | 490/1 | €988 | €1,661 | +€673 | +68.2% |
| Total equity and liabilities | 10/49 | €211,132 | €199,683 | -€11,448 | -5.4% |
| Equity | 10/15 | €23,668 | €27,153 | +€3,485 | +14.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,208 | €6,693 | +€3,485 | +108.7% |
| Amounts payable | 17/49 | €187,464 | €172,530 | -€14,934 | -8.0% |
| Amounts payable after more than one year | 17 | €38,500 | €37,000 | -€1,500 | -3.9% |
| Financial debts | 170/4 | €38,500 | €32,500 | -€6,000 | -15.6% |
| Other amounts payable | 178/9 | - | €4,500 | +€4,500 | |
| Amounts payable within one year | 42/48 | €146,451 | €131,986 | -€14,465 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,000 | = | 0.0% |
| Trade debts | 44 | €66,854 | €17,247 | -€49,607 | -74.2% |
| Suppliers | 440/4 | €66,854 | €17,247 | -€49,607 | -74.2% |
| Taxes, remuneration and social security | 45 | €235 | €971 | +€736 | +313.0% |
| Taxes | 450/3 | €235 | €971 | +€736 | +313.0% |
| Other amounts payable | 47/48 | €73,363 | €107,769 | +€34,406 | +46.9% |
| Accrued charges and deferred income | 492/3 | €2,513 | €3,544 | +€1,031 | +41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €158 | +€158 | |
| Other operating charges | 640/8 | €505 | €120 | -€385 | -76.3% |
| Gross operating margin | 9900 | €3,116 | €6,322 | +€3,206 | +102.9% |
| Operating profit (loss) | 9901 | €2,610 | €6,044 | +€3,433 | +131.5% |
| Financial income | 75/76B | - | €91 | +€91 | |
| Recurring financial income | 75 | - | €91 | +€91 | |
| Financial charges | 65/66B | €1,316 | €1,678 | +€361 | +27.4% |
| Recurring financial charges | 65 | €1,316 | €1,678 | +€361 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €1,294 | €4,457 | +€3,163 | +244.5% |
| Income taxes | 67/77 | €235 | €971 | +€736 | +313.4% |
| Profit (loss) for the period | 9904 | €1,059 | €3,485 | +€2,427 | +229.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,059 | €3,485 | +€2,427 | +229.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.