JBGL: 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.
JBGL
Largest movements
- Tangible fixed assets +€62,350
up €62,350 (+11.6%), from €539,405 to €601,755
of which Leasing and similar rights: +€52,859
- Cash -€46,618
down €46,618 (-85.8%), from €54,340 to €7,722
mainly Investment in fixed assets (net) (-€126,153) and Other debts (-€52,558)
- Receivables within one year +€32,841
up €32,841 (+21.8%), from €150,843 to €183,685
of which Other amounts receivable: +€47,482
- Other debts -€52,558
down €52,558 (-22.0%), from €239,243 to €186,685
- Trade debts +€47,851
up €47,851 (+81.1%), from €58,988 to €106,838
- Profit (loss) carried forward +€28,923
up €28,923 (+22.9%), from €126,097 to €155,020
- Current portion of long-term debt +€16,995
up €16,995 (+44.9%), from €37,876 to €54,871
- Gross operating margin +€101,577
up €101,577 (+259.3%), from €39,178 to €140,755
- Depreciation +€40,991
up €40,991 (+179.7%), from €22,811 to €63,803
- Financial charges +€28,646
up €28,646 (+4063.5%), from €705 to €29,351
- Taxes +€9,442
up €9,442 (+131.6%), from €7,175 to €16,617
- Financial income -€4,375
down €4,375 (-95.6%), from €4,575 to €200
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €755,187 | €803,597 | +€48,410 | +6.4% |
| Fixed assets | 21/28 | €549,405 | €611,755 | +€62,350 | +11.3% |
| Tangible fixed assets | 22/27 | €539,405 | €601,755 | +€62,350 | +11.6% |
| Land and buildings | 22 | €319,606 | €329,896 | +€10,290 | +3.2% |
| Plant, machinery and equipment | 23 | - | €22,166 | +€22,166 | |
| Furniture and vehicles | 24 | €219,799 | €196,835 | -€22,964 | -10.4% |
| Leasing and similar rights | 25 | - | €52,859 | +€52,859 | |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €205,782 | €191,841 | -€13,940 | -6.8% |
| Amounts receivable within one year | 40/41 | €150,843 | €183,685 | +€32,841 | +21.8% |
| Trade receivables | 40 | €20,876 | €6,235 | -€14,641 | -70.1% |
| Other amounts receivable | 41 | €129,968 | €177,450 | +€47,482 | +36.5% |
| Cash at bank and in hand | 54/58 | €54,340 | €7,722 | -€46,618 | -85.8% |
| Deferred charges and accrued income | 490/1 | €598 | €435 | -€163 | -27.3% |
| Total equity and liabilities | 10/49 | €755,187 | €803,597 | +€48,410 | +6.4% |
| Equity | 10/15 | €145,197 | €174,120 | +€28,923 | +19.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,097 | €155,020 | +€28,923 | +22.9% |
| Amounts payable | 17/49 | €609,990 | €629,477 | +€19,487 | +3.2% |
| Amounts payable after more than one year | 17 | €212,124 | €213,112 | +€988 | +0.5% |
| Financial debts | 170/4 | €212,124 | €213,112 | +€988 | +0.5% |
| Amounts payable within one year | 42/48 | €397,171 | €415,282 | +€18,112 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €37,876 | €54,871 | +€16,995 | +44.9% |
| Trade debts | 44 | €58,988 | €106,838 | +€47,851 | +81.1% |
| Suppliers | 440/4 | €58,988 | €106,838 | +€47,851 | +81.1% |
| Taxes, remuneration and social security | 45 | €61,064 | €66,888 | +€5,824 | +9.5% |
| Taxes | 450/3 | €61,064 | €66,888 | +€5,824 | +9.5% |
| Other amounts payable | 47/48 | €239,243 | €186,685 | -€52,558 | -22.0% |
| Accrued charges and deferred income | 492/3 | €695 | €1,082 | +€387 | +55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,811 | €63,803 | +€40,991 | +179.7% |
| Other operating charges | 640/8 | €1,170 | €2,261 | +€1,091 | +93.2% |
| Non-recurring operating charges | 66A | €303 | - | -€303 | |
| Gross operating margin | 9900 | €39,178 | €140,755 | +€101,577 | +259.3% |
| Operating profit (loss) | 9901 | €14,894 | €74,691 | +€59,797 | +401.5% |
| Financial income | 75/76B | €4,575 | €200 | -€4,375 | -95.6% |
| Recurring financial income | 75 | €4,575 | €200 | -€4,375 | -95.6% |
| Financial charges | 65/66B | €705 | €29,351 | +€28,646 | +4063.5% |
| Recurring financial charges | 65 | €705 | €29,351 | +€28,646 | +4063.5% |
| Profit (loss) for the period before taxes | 9903 | €18,764 | €45,540 | +€26,776 | +142.7% |
| Income taxes | 67/77 | €7,175 | €16,617 | +€9,442 | +131.6% |
| Profit (loss) for the period | 9904 | €11,590 | €28,923 | +€17,334 | +149.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,590 | €28,923 | +€17,334 | +149.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.