JBCD MANAGEMENT: 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.
JBCD MANAGEMENT
Largest movements
- Receivables within one year -€1,383
down €1,383 (-27.7%), from €5,000 to €3,617
- Deferred charges and accrued income -€85
no longer reported in 2025 (was €85)
- Profit (loss) carried forward -€1,188
down €1,188 (-5.5%), from -€21,722 to -€22,911
- Trade debts -€278
down €278 (-23.0%), from €1,210 to €932
- Gross operating margin +€1,623
up €1,623 (+67.3%), from -€2,411 to -€788
- Financial charges -€281
down €281 (-99.7%), from €282 to €1
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 | €5,088 | €3,621 | -€1,467 | -28.8% |
| Current assets | 29/58 | €5,088 | €3,621 | -€1,467 | -28.8% |
| Amounts receivable within one year | 40/41 | €5,000 | €3,617 | -€1,383 | -27.7% |
| Other amounts receivable | 41 | €5,000 | €3,617 | -€1,383 | -27.7% |
| Cash at bank and in hand | 54/58 | €3 | €4 | +€1 | +27.9% |
| Deferred charges and accrued income | 490/1 | €85 | - | -€85 | |
| Total equity and liabilities | 10/49 | €5,088 | €3,621 | -€1,467 | -28.8% |
| Equity | 10/15 | €3,878 | €2,689 | -€1,188 | -30.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €13,200 | €13,200 | = | 0.0% |
| Distributable reserves | 133 | €13,200 | €13,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,722 | -€22,911 | -€1,188 | -5.5% |
| Amounts payable | 17/49 | €1,210 | €932 | -€278 | -23.0% |
| Amounts payable within one year | 42/48 | €1,210 | €932 | -€278 | -23.0% |
| Trade debts | 44 | €1,210 | €932 | -€278 | -23.0% |
| Suppliers | 440/4 | €1,210 | €932 | -€278 | -23.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€2,411 | -€788 | +€1,623 | +67.3% |
| Operating profit (loss) | 9901 | -€2,798 | -€1,188 | +€1,611 | +57.6% |
| Financial charges | 65/66B | €282 | €1 | -€281 | -99.7% |
| Recurring financial charges | 65 | €282 | €1 | -€281 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,080 | -€1,188 | +€1,892 | +61.4% |
| Profit (loss) for the period | 9904 | -€3,080 | -€1,188 | +€1,892 | +61.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,080 | -€1,188 | +€1,892 | +61.4% |
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 4 October 2026 via checked.be.