JBD: 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.
JBD
Largest movements
- Receivables within one year -€58,088
down €58,088 (-96.7%), from €60,083 to €1,995
of which Other amounts receivable: -€58,217
- Tangible fixed assets -€8,164
down €8,164 (-21.6%), from €37,761 to €29,597
of which Other tangible fixed assets: -€5,104
- Stocks and contracts +€1,380
up €1,380 (+28.8%), from €4,792 to €6,172
- Other debts -€54,286
down €54,286 (-79.8%), from €68,000 to €13,714
- Profit (loss) carried forward -€10,091
down €10,091, from €53 to -€10,038
- Tax, wage and social debts -€4,122
down €4,122 (-84.0%), from €4,909 to €787
of which Taxes: -€3,667
- Trade debts +€2,586
up €2,586 (+59.1%), from €4,374 to €6,960
- Gross operating margin -€17,484
down €17,484 (-28.2%), from €62,046 to €44,562
- Staff costs -€2,099
down €2,099 (-10.9%), from €19,323 to €17,224
- Other operating charges +€2,042
up €2,042 (+32.0%), from €6,381 to €8,423
- Financial income -€1,843
no longer reported in 2025 (was €1,843)
- Financial charges -€1,019
down €1,019 (-4.7%), from €21,867 to €20,848
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 | €107,336 | €41,423 | -€65,913 | -61.4% |
| Fixed assets | 21/28 | €37,761 | €29,597 | -€8,164 | -21.6% |
| Tangible fixed assets | 22/27 | €37,761 | €29,597 | -€8,164 | -21.6% |
| Plant, machinery and equipment | 23 | €4,529 | €1,469 | -€3,060 | -67.6% |
| Other tangible fixed assets | 26 | €33,232 | €28,128 | -€5,104 | -15.4% |
| Current assets | 29/58 | €69,575 | €11,826 | -€57,749 | -83.0% |
| Stocks and contracts in progress | 3 | €4,792 | €6,172 | +€1,380 | +28.8% |
| Stocks | 30/36 | €4,792 | €6,172 | +€1,380 | +28.8% |
| Amounts receivable within one year | 40/41 | €60,083 | €1,995 | -€58,088 | -96.7% |
| Trade receivables | 40 | €184 | €313 | +€129 | +70.1% |
| Other amounts receivable | 41 | €59,899 | €1,682 | -€58,217 | -97.2% |
| Cash at bank and in hand | 54/58 | €4,584 | €3,659 | -€925 | -20.2% |
| Deferred charges and accrued income | 490/1 | €116 | - | -€116 | |
| Total equity and liabilities | 10/49 | €107,336 | €41,423 | -€65,913 | -61.4% |
| Equity | 10/15 | €30,053 | €19,962 | -€10,091 | -33.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53 | -€10,038 | -€10,091 | |
| Amounts payable | 17/49 | €77,283 | €21,461 | -€55,822 | -72.2% |
| Amounts payable within one year | 42/48 | €77,283 | €21,461 | -€55,822 | -72.2% |
| Trade debts | 44 | €4,374 | €6,960 | +€2,586 | +59.1% |
| Suppliers | 440/4 | €4,374 | €6,960 | +€2,586 | +59.1% |
| Taxes, remuneration and social security | 45 | €4,909 | €787 | -€4,122 | -84.0% |
| Taxes | 450/3 | €3,667 | - | -€3,667 | |
| Remuneration and social security | 454/9 | €1,242 | €787 | -€455 | -36.6% |
| Other amounts payable | 47/48 | €68,000 | €13,714 | -€54,286 | -79.8% |
| Remuneration, social security and pensions | 62 | €19,323 | €17,224 | -€2,099 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,164 | €8,164 | = | 0.0% |
| Other operating charges | 640/8 | €6,381 | €8,423 | +€2,042 | +32.0% |
| Gross operating margin | 9900 | €62,046 | €44,562 | -€17,484 | -28.2% |
| Operating profit (loss) | 9901 | €28,178 | €10,751 | -€17,427 | -61.8% |
| Financial income | 75/76B | €1,843 | - | -€1,843 | |
| Recurring financial income | 75 | €1,843 | - | -€1,843 | |
| Financial charges | 65/66B | €21,867 | €20,848 | -€1,019 | -4.7% |
| Recurring financial charges | 65 | €21,867 | €20,848 | -€1,019 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €8,154 | -€10,097 | -€18,251 | |
| Income taxes | 67/77 | €591 | -€6 | -€597 | |
| Profit (loss) for the period | 9904 | €7,563 | -€10,091 | -€17,654 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,563 | -€10,091 | -€17,654 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.