JB WORX: 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 WORX
Largest movements
- Cash +€22,900
up €22,900 (+38.3%), from €59,730 to €82,630
mainly Net result for the year (+€25,633) and Depreciation (+€10,784)
- Tangible fixed assets -€9,464
down €9,464 (-43.2%), from €21,897 to €12,433
of which Furniture and vehicles: -€10,058
- Receivables within one year +€1,951
up €1,951 (+1,005%), from €194 to €2,145
of which Trade receivables: +€1,398
- Reserves +€24,800
up €24,800 (+74.1%), from €33,461 to €58,261
- Debts after one year -€7,222
down €7,222 (-53.3%), from €13,549 to €6,327
- Tax, wage and social debts -€2,905
down €2,905 (-15.7%), from €18,542 to €15,637
of which Taxes: -€2,905
- Gross operating margin -€12,736
down €12,736 (-20.2%), from €63,048 to €50,313
- Taxes -€3,029
down €3,029 (-23.3%), from €13,030 to €10,000
- Depreciation -€1,265
down €1,265 (-10.5%), from €12,049 to €10,784
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 | €83,628 | €99,325 | +€15,697 | +18.8% |
| Fixed assets | 21/28 | €21,897 | €12,433 | -€9,464 | -43.2% |
| Tangible fixed assets | 22/27 | €21,897 | €12,433 | -€9,464 | -43.2% |
| Plant, machinery and equipment | 23 | €2,016 | €2,611 | +€594 | +29.5% |
| Furniture and vehicles | 24 | €19,880 | €9,822 | -€10,058 | -50.6% |
| Current assets | 29/58 | €61,731 | €86,892 | +€25,161 | +40.8% |
| Amounts receivable within one year | 40/41 | €194 | €2,145 | +€1,951 | +1,005% |
| Trade receivables | 40 | €169 | €1,567 | +€1,398 | +828% |
| Other amounts receivable | 41 | €25 | €579 | +€554 | +2,186% |
| Cash at bank and in hand | 54/58 | €59,730 | €82,630 | +€22,900 | +38.3% |
| Deferred charges and accrued income | 490/1 | €1,807 | €2,117 | +€310 | +17.1% |
| Total equity and liabilities | 10/49 | €83,628 | €99,325 | +€15,697 | +18.8% |
| Equity | 10/15 | €33,561 | €58,361 | +€24,800 | +73.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €33,461 | €58,261 | +€24,800 | +74.1% |
| Distributable reserves | 133 | €33,461 | €58,261 | +€24,800 | +74.1% |
| Amounts payable | 17/49 | €50,067 | €40,964 | -€9,103 | -18.2% |
| Amounts payable after more than one year | 17 | €13,549 | €6,327 | -€7,222 | -53.3% |
| Financial debts | 170/4 | €13,549 | €6,327 | -€7,222 | -53.3% |
| Amounts payable within one year | 42/48 | €36,477 | €34,262 | -€2,214 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €6,837 | €7,222 | +€384 | +5.6% |
| Trade debts | 44 | €349 | €610 | +€261 | +74.6% |
| Suppliers | 440/4 | €349 | €610 | +€261 | +74.6% |
| Taxes, remuneration and social security | 45 | €18,542 | €15,637 | -€2,905 | -15.7% |
| Taxes | 450/3 | €16,192 | €13,287 | -€2,905 | -17.9% |
| Remuneration and social security | 454/9 | €2,350 | €2,350 | = | 0.0% |
| Other amounts payable | 47/48 | €10,748 | €10,794 | +€46 | +0.4% |
| Accrued charges and deferred income | 492/3 | €42 | €374 | +€333 | +802% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,049 | €10,784 | -€1,265 | -10.5% |
| Other operating charges | 640/8 | €843 | €873 | +€30 | +3.5% |
| Gross operating margin | 9900 | €63,048 | €50,313 | -€12,736 | -20.2% |
| Operating profit (loss) | 9901 | €50,155 | €38,655 | -€11,500 | -22.9% |
| Financial income | 75/76B | €2 | €2 | -€0 | -21.0% |
| Recurring financial income | 75 | €2 | €2 | -€0 | -21.0% |
| Financial charges | 65/66B | €2,808 | €3,023 | +€216 | +7.7% |
| Recurring financial charges | 65 | €2,808 | €3,023 | +€216 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €47,350 | €35,634 | -€11,716 | -24.7% |
| Income taxes | 67/77 | €13,030 | €10,000 | -€3,029 | -23.3% |
| Profit (loss) for the period | 9904 | €34,320 | €25,633 | -€8,687 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,320 | €25,633 | -€8,687 | -25.3% |
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 31 October 2026 via checked.be.