JBERG: what changed
JBERG
Largest movements
- Tangible fixed assets +€92,949
up €92,949 (+8,184%), from €1,136 to €94,085
of which Furniture and vehicles: +€89,637
- Cash -€27,610
down €27,610 (-14.2%), from €194,477 to €166,867
mainly Investment in fixed assets (net) (-€127,716) and Receivables within one year (-€9,763)
- Deferred charges and accrued income -€21,624
down €21,624 (-100%), from €21,624 to €0
- Receivables within one year +€9,763
up €9,763 (+25.0%), from €39,068 to €48,831
of which Other amounts receivable: +€24,607
- Reserves +€52,137
up €52,137 (+24.1%), from €216,694 to €268,831
- Depreciation +€34,394
up €34,394 (+9,226%), from €373 to €34,767
- Gross operating margin +€31,413
up €31,413 (+40.3%), from €77,988 to €109,401
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 | €256,305 | €309,783 | +€53,478 | +20.9% |
| Fixed assets | 21/28 | €1,136 | €94,085 | +€92,949 | +8,184% |
| Tangible fixed assets | 22/27 | €1,136 | €94,085 | +€92,949 | +8,184% |
| Land and buildings | 22 | - | €3,313 | +€3,313 | |
| Furniture and vehicles | 24 | €1,136 | €90,772 | +€89,637 | +7,892% |
| Current assets | 29/58 | €255,169 | €215,698 | -€39,471 | -15.5% |
| Amounts receivable within one year | 40/41 | €39,068 | €48,831 | +€9,763 | +25.0% |
| Trade receivables | 40 | €32,994 | €18,150 | -€14,844 | -45.0% |
| Other amounts receivable | 41 | €6,074 | €30,681 | +€24,607 | +405% |
| Cash at bank and in hand | 54/58 | €194,477 | €166,867 | -€27,610 | -14.2% |
| Deferred charges and accrued income | 490/1 | €21,624 | €0 | -€21,624 | -100% |
| Total equity and liabilities | 10/49 | €256,305 | €309,783 | +€53,478 | +20.9% |
| Equity | 10/15 | €229,494 | €281,631 | +€52,137 | +22.7% |
| Contributions | 10/11 | €12,800 | €12,800 | = | 0.0% |
| Reserves | 13 | €216,694 | €268,831 | +€52,137 | +24.1% |
| Distributable reserves | 133 | €216,694 | €268,831 | +€52,137 | +24.1% |
| Amounts payable | 17/49 | €26,811 | €28,152 | +€1,341 | +5.0% |
| Amounts payable within one year | 42/48 | €26,811 | €28,152 | +€1,341 | +5.0% |
| Financial debts | 43 | - | €746 | +€746 | |
| Credit institutions | 430/8 | - | €746 | +€746 | |
| Trade debts | 44 | €2,410 | €1,319 | -€1,090 | -45.2% |
| Suppliers | 440/4 | €2,410 | €1,319 | -€1,090 | -45.2% |
| Taxes, remuneration and social security | 45 | €7,463 | €8,004 | +€542 | +7.3% |
| Taxes | 450/3 | €7,463 | €8,004 | +€542 | +7.3% |
| Other amounts payable | 47/48 | €16,938 | €18,082 | +€1,144 | +6.8% |
| Non-recurring operating income | 76A | - | €9,050 | +€9,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €373 | €34,767 | +€34,394 | +9,226% |
| Other operating charges | 640/8 | €1,073 | €2,114 | +€1,042 | +97.1% |
| Gross operating margin | 9900 | €77,988 | €109,401 | +€31,413 | +40.3% |
| Operating profit (loss) | 9901 | €76,543 | €72,520 | -€4,023 | -5.3% |
| Financial income | 75/76B | €1,533 | €1,208 | -€324 | -21.2% |
| Recurring financial income | 75 | €1,533 | €1,208 | -€324 | -21.2% |
| Financial charges | 65/66B | €453 | €196 | -€257 | -56.8% |
| Recurring financial charges | 65 | €453 | €196 | -€257 | -56.8% |
| Profit (loss) for the period before taxes | 9903 | €77,623 | €73,533 | -€4,090 | -5.3% |
| Income taxes | 67/77 | €21,426 | €21,396 | -€30 | -0.1% |
| Profit (loss) for the period | 9904 | €56,197 | €52,137 | -€4,061 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,197 | €52,137 | -€4,061 | -7.2% |
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 2 November 2026 via checked.be.