"JB STRATEGY": 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 STRATEGY"
Largest movements
- Cash +€23,066
up €23,066 (+54.6%), from €42,236 to €65,302
mainly Net result for the year (+€41,638) and Depreciation (+€423)
- Receivables within one year +€16,853
up €16,853 (+44.7%), from €37,679 to €54,532
of which Trade receivables: +€12,230
- Profit (loss) carried forward +€41,638
up €41,638 (+65.3%), from €63,797 to €105,434
- Tax, wage and social debts -€2,141
down €2,141 (-13.9%), from €15,376 to €13,235
- Gross operating margin +€17,700
up €17,700 (+49.6%), from €35,686 to €53,386
- Taxes +€4,078
up €4,078 (+48.2%), from €8,461 to €12,539
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 | €80,372 | €119,869 | +€39,497 | +49.1% |
| Fixed assets | 21/28 | €458 | €35 | -€423 | -92.4% |
| Tangible fixed assets | 22/27 | €458 | €35 | -€423 | -92.4% |
| Furniture and vehicles | 24 | €458 | €35 | -€423 | -92.4% |
| Current assets | 29/58 | €79,914 | €119,834 | +€39,920 | +50.0% |
| Amounts receivable within one year | 40/41 | €37,679 | €54,532 | +€16,853 | +44.7% |
| Trade receivables | 40 | - | €12,230 | +€12,230 | |
| Other amounts receivable | 41 | €37,679 | €42,302 | +€4,623 | +12.3% |
| Cash at bank and in hand | 54/58 | €42,236 | €65,302 | +€23,066 | +54.6% |
| Total equity and liabilities | 10/49 | €80,372 | €119,869 | +€39,497 | +49.1% |
| Equity | 10/15 | €64,997 | €106,634 | +€41,638 | +64.1% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,797 | €105,434 | +€41,638 | +65.3% |
| Amounts payable | 17/49 | €15,376 | €13,235 | -€2,141 | -13.9% |
| Amounts payable within one year | 42/48 | €15,376 | €13,235 | -€2,141 | -13.9% |
| Taxes, remuneration and social security | 45 | €15,376 | €13,235 | -€2,141 | -13.9% |
| Taxes | 450/3 | €15,376 | €13,235 | -€2,141 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €423 | €423 | -€0 | 0.0% |
| Other operating charges | 640/8 | €713 | €627 | -€86 | -12.1% |
| Gross operating margin | 9900 | €35,686 | €53,386 | +€17,700 | +49.6% |
| Operating profit (loss) | 9901 | €34,550 | €52,336 | +€17,786 | +51.5% |
| Financial income | 75/76B | €1,789 | €2,036 | +€247 | +13.8% |
| Recurring financial income | 75 | €1,789 | €2,036 | +€247 | +13.8% |
| Financial charges | 65/66B | €277 | €196 | -€81 | -29.3% |
| Recurring financial charges | 65 | €277 | €196 | -€81 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €36,061 | €54,176 | +€18,115 | +50.2% |
| Income taxes | 67/77 | €8,461 | €12,539 | +€4,078 | +48.2% |
| Profit (loss) for the period | 9904 | €27,600 | €41,638 | +€14,037 | +50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,600 | €41,638 | +€14,037 | +50.9% |
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.