JB TIME CONCEPT: 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 TIME CONCEPT
Largest movements
- Cash +€10,148
up €10,148 (+37.8%), from €26,861 to €37,009
mainly Net result for the year (+€11,426) and Depreciation (+€7,535)
- Receivables within one year +€3,353
up €3,353 (+83.3%), from €4,026 to €7,379
of which Trade receivables: +€2,115
- Intangible fixed assets -€2,337
down €2,337 (-7.3%), from €31,837 to €29,500
- Profit (loss) carried forward +€11,426
up €11,426 (+62.9%), from €18,152 to €29,579
- Other debts -€2,799
down €2,799 (-7.7%), from €36,376 to €33,576
- Trade debts +€2,334
up €2,334 (+227%), from €1,026 to €3,360
- Depreciation -€6,841
down €6,841 (-47.6%), from €14,376 to €7,535
- Taxes +€2,374
up €2,374 (+171%), from €1,387 to €3,762
- Gross operating margin +€437
up €437 (+1.9%), from €23,596 to €24,033
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 | €64,247 | €75,245 | +€10,998 | +17.1% |
| Fixed assets | 21/28 | €32,035 | €29,500 | -€2,535 | -7.9% |
| Intangible fixed assets | 21 | €31,837 | €29,500 | -€2,337 | -7.3% |
| Tangible fixed assets | 22/27 | €198 | - | -€198 | |
| Furniture and vehicles | 24 | €198 | - | -€198 | |
| Current assets | 29/58 | €32,212 | €45,745 | +€13,533 | +42.0% |
| Amounts receivable within one year | 40/41 | €4,026 | €7,379 | +€3,353 | +83.3% |
| Trade receivables | 40 | €4,026 | €6,141 | +€2,115 | +52.5% |
| Other amounts receivable | 41 | - | €1,238 | +€1,238 | |
| Cash at bank and in hand | 54/58 | €26,861 | €37,009 | +€10,148 | +37.8% |
| Deferred charges and accrued income | 490/1 | €1,325 | €1,358 | +€32 | +2.5% |
| Total equity and liabilities | 10/49 | €64,247 | €75,245 | +€10,998 | +17.1% |
| Equity | 10/15 | €21,315 | €32,741 | +€11,426 | +53.6% |
| Contributions | 10/11 | €3,162 | €3,162 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,152 | €29,579 | +€11,426 | +62.9% |
| Amounts payable | 17/49 | €42,932 | €42,504 | -€428 | -1.0% |
| Amounts payable within one year | 42/48 | €42,932 | €42,504 | -€428 | -1.0% |
| Trade debts | 44 | €1,026 | €3,360 | +€2,334 | +227% |
| Suppliers | 440/4 | €1,026 | €3,360 | +€2,334 | +227% |
| Taxes, remuneration and social security | 45 | €5,530 | €5,567 | +€37 | +0.7% |
| Taxes | 450/3 | €5,530 | €5,567 | +€37 | +0.7% |
| Other amounts payable | 47/48 | €36,376 | €33,576 | -€2,799 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,376 | €7,535 | -€6,841 | -47.6% |
| Other operating charges | 640/8 | €622 | €593 | -€29 | -4.6% |
| Gross operating margin | 9900 | €23,596 | €24,033 | +€437 | +1.9% |
| Operating profit (loss) | 9901 | €8,598 | €15,904 | +€7,306 | +85.0% |
| Financial charges | 65/66B | €515 | €716 | +€201 | +38.9% |
| Recurring financial charges | 65 | €515 | €716 | +€201 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €8,083 | €15,188 | +€7,106 | +87.9% |
| Income taxes | 67/77 | €1,387 | €3,762 | +€2,374 | +171% |
| Profit (loss) for the period | 9904 | €6,695 | €11,426 | +€4,731 | +70.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,695 | €11,426 | +€4,731 | +70.7% |
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.