JB2: 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.
JB2
Largest movements
- Cash +€9,642
up €9,642 (+8.3%), from €116,628 to €126,270
mainly Depreciation (+€7,956) and Net result for the year (+€1,653)
- Tangible fixed assets -€7,956
down €7,956 (-4.8%), from €165,941 to €157,985
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€372
down €372 (-3.4%), from €11,047 to €10,675
- Financial income -€180
down €180 (-16.8%), from €1,073 to €893
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 | €284,900 | €285,358 | +€459 | +0.2% |
| Fixed assets | 21/28 | €165,941 | €157,985 | -€7,956 | -4.8% |
| Tangible fixed assets | 22/27 | €165,941 | €157,985 | -€7,956 | -4.8% |
| Land and buildings | 22 | €165,941 | €157,985 | -€7,956 | -4.8% |
| Current assets | 29/58 | €118,959 | €127,373 | +€8,414 | +7.1% |
| Amounts receivable within one year | 40/41 | €416 | €503 | +€87 | +20.9% |
| Trade receivables | 40 | €94 | €235 | +€141 | +150.0% |
| Other amounts receivable | 41 | €322 | €268 | -€54 | -16.8% |
| Cash at bank and in hand | 54/58 | €116,628 | €126,270 | +€9,642 | +8.3% |
| Deferred charges and accrued income | 490/1 | €1,915 | €600 | -€1,315 | -68.7% |
| Total equity and liabilities | 10/49 | €284,900 | €285,358 | +€459 | +0.2% |
| Equity | 10/15 | €281,530 | €283,183 | +€1,653 | +0.6% |
| Contributions | 10/11 | €262,500 | €262,500 | = | 0.0% |
| Capital | 10 | €262,500 | €262,500 | = | 0.0% |
| Issued capital | 100 | €262,500 | €262,500 | = | 0.0% |
| Reserves | 13 | €16,119 | €16,201 | +€83 | +0.5% |
| Non-distributable reserves | 130/1 | €910 | €993 | +€83 | +9.1% |
| Legal reserve | 130 | €910 | €993 | +€83 | +9.1% |
| Distributable reserves | 133 | €15,208 | €15,208 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,911 | €4,482 | +€1,570 | +53.9% |
| Amounts payable | 17/49 | €3,369 | €2,175 | -€1,194 | -35.4% |
| Amounts payable within one year | 42/48 | €3,369 | €2,175 | -€1,194 | -35.4% |
| Trade debts | 44 | €3,369 | €2,175 | -€1,194 | -35.4% |
| Suppliers | 440/4 | €3,369 | €2,175 | -€1,194 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,956 | €7,956 | = | 0.0% |
| Other operating charges | 640/8 | €1,916 | €1,912 | -€4 | -0.2% |
| Gross operating margin | 9900 | €11,047 | €10,675 | -€372 | -3.4% |
| Operating profit (loss) | 9901 | €1,175 | €807 | -€368 | -31.3% |
| Financial income | 75/76B | €1,073 | €893 | -€180 | -16.8% |
| Recurring financial income | 75 | €1,073 | €893 | -€180 | -16.8% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,201 | €1,653 | -€548 | -24.9% |
| Profit (loss) for the period | 9904 | €2,201 | €1,653 | -€548 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,201 | €1,653 | -€548 | -24.9% |
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 9 October 2026 via checked.be.