JBEG: what changed
JBEG
Largest movements
- Receivables within one year -€16,436
down €16,436 (-26.8%), from €61,427 to €44,991
of which Trade receivables: -€12,767
- Deferred charges and accrued income +€12,007
new in 2025: €12,007
- Cash +€11,559
up €11,559 (+114%), from €10,159 to €21,718
mainly Receivables within one year (+€16,436) and Depreciation (+€5,855)
- Tangible fixed assets -€5,855
down €5,855 (-60.5%), from €9,674 to €3,819
- Stocks and contracts +€2,679
new in 2025: €2,679
- Other debts -€3,659
down €3,659 (-14.6%), from €25,085 to €21,426
- Trade debts +€3,132
up €3,132 (+7.3%), from €42,814 to €45,946
- Tax, wage and social debts +€2,682
up €2,682 (+268%), from €999 to €3,681
- Profit (loss) carried forward +€1,799
up €1,799 (+28.5%), from €6,302 to €8,101
- Gross operating margin -€2,901
down €2,901 (-21.5%), from €13,475 to €10,574
- Depreciation -€2,026
down €2,026 (-25.7%), from €7,881 to €5,855
- Taxes +€882
up €882 (+60.4%), from €1,460 to €2,342
- Other operating charges +€341
up €341 (+259%), from €132 to €473
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,260 | €87,214 | +€3,954 | +4.7% |
| Fixed assets | 21/28 | €11,674 | €5,819 | -€5,855 | -50.2% |
| Tangible fixed assets | 22/27 | €9,674 | €3,819 | -€5,855 | -60.5% |
| Furniture and vehicles | 24 | €9,674 | €3,819 | -€5,855 | -60.5% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €71,586 | €81,395 | +€9,809 | +13.7% |
| Stocks and contracts in progress | 3 | - | €2,679 | +€2,679 | |
| Stocks | 30/36 | - | €2,679 | +€2,679 | |
| Amounts receivable within one year | 40/41 | €61,427 | €44,991 | -€16,436 | -26.8% |
| Trade receivables | 40 | €57,758 | €44,991 | -€12,767 | -22.1% |
| Other amounts receivable | 41 | €3,669 | - | -€3,669 | |
| Cash at bank and in hand | 54/58 | €10,159 | €21,718 | +€11,559 | +114% |
| Deferred charges and accrued income | 490/1 | - | €12,007 | +€12,007 | |
| Total equity and liabilities | 10/49 | €83,260 | €87,214 | +€3,954 | +4.7% |
| Equity | 10/15 | €14,362 | €16,161 | +€1,799 | +12.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,302 | €8,101 | +€1,799 | +28.5% |
| Amounts payable | 17/49 | €68,898 | €71,053 | +€2,155 | +3.1% |
| Amounts payable within one year | 42/48 | €68,898 | €71,053 | +€2,155 | +3.1% |
| Trade debts | 44 | €42,814 | €45,946 | +€3,132 | +7.3% |
| Suppliers | 440/4 | €42,814 | €45,946 | +€3,132 | +7.3% |
| Taxes, remuneration and social security | 45 | €999 | €3,681 | +€2,682 | +268% |
| Taxes | 450/3 | €999 | €3,681 | +€2,682 | +268% |
| Other amounts payable | 47/48 | €25,085 | €21,426 | -€3,659 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,881 | €5,855 | -€2,026 | -25.7% |
| Other operating charges | 640/8 | €132 | €473 | +€341 | +259% |
| Gross operating margin | 9900 | €13,475 | €10,574 | -€2,901 | -21.5% |
| Operating profit (loss) | 9901 | €5,462 | €4,246 | -€1,216 | -22.3% |
| Financial charges | 65/66B | €92 | €105 | +€13 | +14.3% |
| Recurring financial charges | 65 | €92 | €105 | +€13 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €5,370 | €4,141 | -€1,229 | -22.9% |
| Income taxes | 67/77 | €1,460 | €2,342 | +€882 | +60.4% |
| Profit (loss) for the period | 9904 | €3,910 | €1,799 | -€2,111 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,910 | €1,799 | -€2,111 | -54.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.