JBA TEAM: 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.
JBA TEAM
Largest movements
- Receivables within one year +€5,837
up €5,837 (+18.5%), from €31,629 to €37,466
- Cash -€4,663
down €4,663 (-99.5%), from €4,686 to €23
mainly Receivables within one year (-€5,837) and Trade debts (-€133)
- Reserves +€1,420
up €1,420 (+4.4%), from €32,607 to €34,027
of which Distributable reserves: +€1,420
- Gross operating margin +€4,186
up €4,186, from -€2,568 to €1,618
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 | €36,316 | €37,489 | +€1,174 | +3.2% |
| Current assets | 29/58 | €36,316 | €37,489 | +€1,174 | +3.2% |
| Amounts receivable within one year | 40/41 | €31,629 | €37,466 | +€5,837 | +18.5% |
| Other amounts receivable | 41 | €31,629 | €37,466 | +€5,837 | +18.5% |
| Cash at bank and in hand | 54/58 | €4,686 | €23 | -€4,663 | -99.5% |
| Total equity and liabilities | 10/49 | €36,316 | €37,489 | +€1,174 | +3.2% |
| Equity | 10/15 | €35,607 | €37,027 | +€1,420 | +4.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,607 | €34,027 | +€1,420 | +4.4% |
| Non-distributable reserves | 130/1 | €12,620 | €12,620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,620 | €12,620 | = | 0.0% |
| Distributable reserves | 133 | €19,987 | €21,407 | +€1,420 | +7.1% |
| Amounts payable | 17/49 | €709 | €462 | -€246 | -34.8% |
| Amounts payable within one year | 42/48 | €709 | €462 | -€246 | -34.8% |
| Trade debts | 44 | €596 | €462 | -€133 | -22.4% |
| Suppliers | 440/4 | €596 | €462 | -€133 | -22.4% |
| Taxes, remuneration and social security | 45 | €113 | - | -€113 | |
| Taxes | 450/3 | €113 | - | -€113 | |
| Non-recurring operating charges | 66A | - | €14 | +€14 | |
| Gross operating margin | 9900 | -€2,568 | €1,618 | +€4,186 | |
| Operating profit (loss) | 9901 | -€2,568 | €1,604 | +€4,172 | |
| Financial charges | 65/66B | €172 | €184 | +€12 | +7.1% |
| Recurring financial charges | 65 | €172 | €184 | +€12 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,740 | €1,420 | +€4,160 | |
| Profit (loss) for the period | 9904 | -€2,740 | €1,420 | +€4,160 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,740 | €1,420 | +€4,160 |
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 10 October 2026 via checked.be.