JBJM CONCEPT: 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.
JBJM CONCEPT
Largest movements
- Cash +€118,929
up €118,929 (+51.4%), from €231,222 to €350,151
mainly Net result for the year (+€90,611) and Tax, wage and social debts (+€27,277)
- Tangible fixed assets +€19,839
up €19,839 (+1685.6%), from €1,177 to €21,016
- Reserves +€90,611
up €90,611 (+47.5%), from €190,565 to €281,176
- Tax, wage and social debts +€27,277
up €27,277 (+98.1%), from €27,813 to €55,090
- Debts after one year +€13,371
new in 2025: €13,371
- Trade debts +€11,265
new in 2025: €11,265
- Short-term financial debts -€10,489
no longer reported in 2025 (was €10,489)
- Gross operating margin +€38,843
up €38,843 (+38.8%), from €100,036 to €138,879
- Taxes +€10,142
up €10,142 (+30.7%), from €33,073 to €43,215
- Depreciation +€5,417
up €5,417 (+1014.4%), from €534 to €5,951
- Financial income +€2,727
up €2,727 (+1029.1%), from €265 to €2,992
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 | €256,861 | €398,386 | +€141,525 | +55.1% |
| Fixed assets | 21/28 | €1,177 | €21,016 | +€19,839 | +1685.6% |
| Tangible fixed assets | 22/27 | €1,177 | €21,016 | +€19,839 | +1685.6% |
| Furniture and vehicles | 24 | €1,177 | €21,016 | +€19,839 | +1685.6% |
| Current assets | 29/58 | €255,684 | €377,370 | +€121,686 | +47.6% |
| Amounts receivable within one year | 40/41 | €23,895 | €26,584 | +€2,689 | +11.3% |
| Trade receivables | 40 | €23,861 | €26,572 | +€2,711 | +11.4% |
| Other amounts receivable | 41 | €34 | €12 | -€22 | -64.7% |
| Cash at bank and in hand | 54/58 | €231,222 | €350,151 | +€118,929 | +51.4% |
| Deferred charges and accrued income | 490/1 | €567 | €635 | +€68 | +12.0% |
| Total equity and liabilities | 10/49 | €256,861 | €398,386 | +€141,525 | +55.1% |
| Equity | 10/15 | €209,165 | €299,776 | +€90,611 | +43.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €190,565 | €281,176 | +€90,611 | +47.5% |
| Non-distributable reserves | 130/1 | €190,565 | €281,176 | +€90,611 | +47.5% |
| Reserves not available under the articles | 1311 | €190,565 | €281,176 | +€90,611 | +47.5% |
| Amounts payable | 17/49 | €47,696 | €98,610 | +€50,914 | +106.7% |
| Amounts payable after more than one year | 17 | - | €13,371 | +€13,371 | |
| Financial debts | 170/4 | - | €13,371 | +€13,371 | |
| Amounts payable within one year | 42/48 | €47,696 | €85,239 | +€37,543 | +78.7% |
| Current portion of amounts payable after more than one year | 42 | €2,058 | €7,235 | +€5,177 | +251.6% |
| Financial debts | 43 | €10,489 | - | -€10,489 | |
| Credit institutions | 430/8 | €10,489 | - | -€10,489 | |
| Trade debts | 44 | - | €11,265 | +€11,265 | |
| Suppliers | 440/4 | - | €11,265 | +€11,265 | |
| Taxes, remuneration and social security | 45 | €27,813 | €55,090 | +€27,277 | +98.1% |
| Taxes | 450/3 | €27,813 | €55,090 | +€27,277 | +98.1% |
| Other amounts payable | 47/48 | €7,336 | €11,649 | +€4,313 | +58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534 | €5,951 | +€5,417 | +1014.4% |
| Other operating charges | 640/8 | €472 | €509 | +€37 | +7.8% |
| Gross operating margin | 9900 | €100,036 | €138,879 | +€38,843 | +38.8% |
| Operating profit (loss) | 9901 | €99,030 | €132,419 | +€33,389 | +33.7% |
| Financial income | 75/76B | €265 | €2,992 | +€2,727 | +1029.1% |
| Recurring financial income | 75 | €265 | €2,992 | +€2,727 | +1029.1% |
| Financial charges | 65/66B | €1,078 | €1,585 | +€507 | +47.0% |
| Recurring financial charges | 65 | €1,078 | €1,522 | +€444 | +41.2% |
| Non-recurring financial charges | 66B | - | €63 | +€63 | |
| Profit (loss) for the period before taxes | 9903 | €98,217 | €133,826 | +€35,609 | +36.3% |
| Income taxes | 67/77 | €33,073 | €43,215 | +€10,142 | +30.7% |
| Profit (loss) for the period | 9904 | €65,144 | €90,611 | +€25,467 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,144 | €90,611 | +€25,467 | +39.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.