JBM&C: 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.
JBM&C
Largest movements
- Cash -€11,032
down €11,032 (-38.3%), from €28,773 to €17,742
mainly Investment in fixed assets (net) (-€11,529) and Debts after one year (-€5,812)
- Tangible fixed assets +€10,086
up €10,086 (+883.6%), from €1,141 to €11,227
of which Plant, machinery and equipment: +€10,358
- Receivables within one year -€920
down €920 (-6.3%), from €14,693 to €13,774
of which Trade receivables: -€884
- Trade debts +€9,106
up €9,106 (+139.5%), from €6,528 to €15,634
- Debts after one year -€5,812
down €5,812 (-23.3%), from €24,926 to €19,113
- Profit (loss) carried forward -€3,667
down €3,667 (-42.0%), from -€8,738 to -€12,405
- Tax, wage and social debts -€1,503
down €1,503 (-10.9%), from €13,800 to €12,297
of which Taxes: -€2,503
- Other debts -€465
down €465 (-63.3%), from €734 to €270
- Gross operating margin +€8,030
up €8,030, from -€1,891 to €6,139
- Financial charges +€3,178
up €3,178 (+104.5%), from €3,041 to €6,219
- Taxes -€2,446
down €2,446, from €2,186 to -€260
- Other operating charges +€1,131
up €1,131 (+88.9%), from €1,272 to €2,403
- Depreciation +€266
up €266 (+22.6%), from €1,177 to €1,443
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 | €45,804 | €43,721 | -€2,082 | -4.5% |
| Fixed assets | 21/28 | €1,141 | €11,227 | +€10,086 | +883.6% |
| Tangible fixed assets | 22/27 | €1,141 | €11,227 | +€10,086 | +883.6% |
| Plant, machinery and equipment | 23 | - | €10,358 | +€10,358 | |
| Furniture and vehicles | 24 | €1,141 | €869 | -€273 | -23.9% |
| Current assets | 29/58 | €44,663 | €32,494 | -€12,168 | -27.2% |
| Amounts receivable within one year | 40/41 | €14,693 | €13,774 | -€920 | -6.3% |
| Trade receivables | 40 | €14,657 | €13,774 | -€884 | -6.0% |
| Other amounts receivable | 41 | €36 | - | -€36 | |
| Cash at bank and in hand | 54/58 | €28,773 | €17,742 | -€11,032 | -38.3% |
| Deferred charges and accrued income | 490/1 | €1,196 | €979 | -€217 | -18.1% |
| Total equity and liabilities | 10/49 | €45,804 | €43,721 | -€2,082 | -4.5% |
| Equity | 10/15 | -€5,738 | -€9,405 | -€3,667 | -63.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,738 | -€12,405 | -€3,667 | -42.0% |
| Amounts payable | 17/49 | €51,542 | €53,127 | +€1,585 | +3.1% |
| Amounts payable after more than one year | 17 | €24,926 | €19,113 | -€5,812 | -23.3% |
| Financial debts | 170/4 | €24,926 | €19,113 | -€5,812 | -23.3% |
| Amounts payable within one year | 42/48 | €26,616 | €34,013 | +€7,397 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €5,554 | €5,812 | +€259 | +4.7% |
| Trade debts | 44 | €6,528 | €15,634 | +€9,106 | +139.5% |
| Suppliers | 440/4 | €6,528 | €15,634 | +€9,106 | +139.5% |
| Taxes, remuneration and social security | 45 | €13,800 | €12,297 | -€1,503 | -10.9% |
| Taxes | 450/3 | €11,300 | €8,797 | -€2,503 | -22.1% |
| Remuneration and social security | 454/9 | €2,500 | €3,500 | +€1,000 | +40.0% |
| Other amounts payable | 47/48 | €734 | €270 | -€465 | -63.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,177 | €1,443 | +€266 | +22.6% |
| Other operating charges | 640/8 | €1,272 | €2,403 | +€1,131 | +88.9% |
| Gross operating margin | 9900 | -€1,891 | €6,139 | +€8,030 | |
| Operating profit (loss) | 9901 | -€4,341 | €2,292 | +€6,632 | |
| Financial income | 75/76B | €5 | €0 | -€5 | -96.1% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -96.1% |
| Financial charges | 65/66B | €3,041 | €6,219 | +€3,178 | +104.5% |
| Recurring financial charges | 65 | €3,041 | €6,219 | +€3,178 | +104.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,377 | -€3,927 | +€3,450 | +46.8% |
| Income taxes | 67/77 | €2,186 | -€260 | -€2,446 | |
| Profit (loss) for the period | 9904 | -€9,562 | -€3,667 | +€5,895 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,562 | -€3,667 | +€5,895 | +61.6% |
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 4 October 2026 via checked.be.