JBELEC: 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.
JBELEC
Largest movements
- Cash +€14,859
up €14,859 (+117.5%), from €12,646 to €27,505
mainly Depreciation (+€12,699) and Receivables within one year (+€5,647)
- Tangible fixed assets -€12,135
down €12,135 (-25.1%), from €48,383 to €36,248
- Receivables within one year -€5,647
down €5,647 (-89.3%), from €6,324 to €677
of which Trade receivables: -€4,927
- Trade debts -€2,045
down €2,045 (-50.8%), from €4,027 to €1,981
- Other debts -€1,585
down €1,585 (-2.9%), from €55,440 to €53,855
- Profit (loss) carried forward +€895
up €895 (+14.3%), from €6,264 to €7,159
- Depreciation +€6,008
up €6,008 (+89.8%), from €6,690 to €12,699
- Taxes -€1,662
down €1,662 (-76.2%), from €2,182 to €520
- Gross operating margin -€512
down €512 (-3.2%), from €16,132 to €15,620
- Other operating charges +€465
up €465 (+244.6%), from €190 to €655
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 | €68,962 | €65,543 | -€3,419 | -5.0% |
| Formation expenses | 20 | €564 | - | -€564 | |
| Fixed assets | 21/28 | €48,383 | €36,248 | -€12,135 | -25.1% |
| Tangible fixed assets | 22/27 | €48,383 | €36,248 | -€12,135 | -25.1% |
| Furniture and vehicles | 24 | €48,383 | €36,248 | -€12,135 | -25.1% |
| Current assets | 29/58 | €20,016 | €29,295 | +€9,279 | +46.4% |
| Amounts receivable within one year | 40/41 | €6,324 | €677 | -€5,647 | -89.3% |
| Trade receivables | 40 | €5,604 | €677 | -€4,927 | -87.9% |
| Other amounts receivable | 41 | €720 | - | -€720 | |
| Cash at bank and in hand | 54/58 | €12,646 | €27,505 | +€14,859 | +117.5% |
| Deferred charges and accrued income | 490/1 | €1,046 | €1,113 | +€67 | +6.4% |
| Total equity and liabilities | 10/49 | €68,962 | €65,543 | -€3,419 | -5.0% |
| Equity | 10/15 | €7,264 | €8,159 | +€895 | +12.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,264 | €7,159 | +€895 | +14.3% |
| Amounts payable | 17/49 | €61,698 | €57,384 | -€4,314 | -7.0% |
| Amounts payable within one year | 42/48 | €61,698 | €57,384 | -€4,314 | -7.0% |
| Trade debts | 44 | €4,027 | €1,981 | -€2,045 | -50.8% |
| Suppliers | 440/4 | €4,027 | €1,981 | -€2,045 | -50.8% |
| Taxes, remuneration and social security | 45 | €2,232 | €1,548 | -€684 | -30.7% |
| Taxes | 450/3 | €2,232 | €1,548 | -€684 | -30.7% |
| Other amounts payable | 47/48 | €55,440 | €53,855 | -€1,585 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,690 | €12,699 | +€6,008 | +89.8% |
| Other operating charges | 640/8 | €190 | €655 | +€465 | +244.6% |
| Gross operating margin | 9900 | €16,132 | €15,620 | -€512 | -3.2% |
| Operating profit (loss) | 9901 | €9,252 | €2,267 | -€6,985 | -75.5% |
| Financial charges | 65/66B | €6 | €52 | +€46 | +785.7% |
| Recurring financial charges | 65 | €6 | €52 | +€46 | +785.7% |
| Profit (loss) for the period before taxes | 9903 | €9,246 | €2,215 | -€7,031 | -76.0% |
| Income taxes | 67/77 | €2,182 | €520 | -€1,662 | -76.2% |
| Profit (loss) for the period | 9904 | €7,064 | €1,695 | -€5,369 | -76.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,064 | €1,695 | -€5,369 | -76.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.