JBM Projects: what changed
Two financial 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 Projects
Largest movements
- Cash +€18,877
up €18,877 (+172%), from €10,981 to €29,857
mainly Net result for the year (+€20,053) and Tax, wage and social debts (+€5,830)
- Tangible fixed assets +€3,429
up €3,429 (+73.7%), from €4,653 to €8,082
of which Furniture and vehicles: +€3,964
- Receivables within one year +€3,224
up €3,224 (+27.1%), from €11,897 to €15,121
of which Trade receivables: +€3,177
- Deferred charges and accrued income +€555
up €555 (+60.7%), from €915 to €1,470
- Reserves +€20,053
up €20,053 (+111%), from €18,041 to €38,094
- Tax, wage and social debts +€5,830
up €5,830 (+88.2%), from €6,609 to €12,439
- Gross operating margin +€2,493
up €2,493 (+9.4%), from €26,644 to €29,137
- Financial charges -€883
down €883 (-40.2%), from €2,195 to €1,312
- Depreciation +€790
up €790 (+101%), from €782 to €1,571
- Taxes +€403
up €403 (+7.6%), from €5,319 to €5,722
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.
Derived cash bridge
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 | €28,445 | €54,530 | +€26,085 | +91.7% |
| Fixed assets | 21/28 | €4,653 | €8,082 | +€3,429 | +73.7% |
| Tangible fixed assets | 22/27 | €4,653 | €8,082 | +€3,429 | +73.7% |
| Furniture and vehicles | 24 | €2,492 | €6,456 | +€3,964 | +159% |
| Other tangible fixed assets | 26 | €2,161 | €1,626 | -€535 | -24.8% |
| Current assets | 29/58 | €23,792 | €46,448 | +€22,656 | +95.2% |
| Amounts receivable within one year | 40/41 | €11,897 | €15,121 | +€3,224 | +27.1% |
| Trade receivables | 40 | €11,897 | €15,074 | +€3,177 | +26.7% |
| Other amounts receivable | 41 | - | €47 | +€47 | |
| Cash at bank and in hand | 54/58 | €10,981 | €29,857 | +€18,877 | +172% |
| Deferred charges and accrued income | 490/1 | €915 | €1,470 | +€555 | +60.7% |
| Total equity and liabilities | 10/49 | €28,445 | €54,530 | +€26,085 | +91.7% |
| Equity | 10/15 | €21,041 | €41,094 | +€20,053 | +95.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,041 | €38,094 | +€20,053 | +111% |
| Distributable reserves | 133 | €18,041 | €38,094 | +€20,053 | +111% |
| Amounts payable | 17/49 | €7,404 | €13,436 | +€6,032 | +81.5% |
| Amounts payable within one year | 42/48 | €7,404 | €13,436 | +€6,032 | +81.5% |
| Trade debts | 44 | €506 | €997 | +€491 | +97.1% |
| Suppliers | 440/4 | €506 | €997 | +€491 | +97.1% |
| Taxes, remuneration and social security | 45 | €6,609 | €12,439 | +€5,830 | +88.2% |
| Taxes | 450/3 | €6,609 | €12,439 | +€5,830 | +88.2% |
| Other amounts payable | 47/48 | €289 | €0 | -€289 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €782 | €1,571 | +€790 | +101% |
| Other operating charges | 640/8 | €325 | €483 | +€158 | +48.6% |
| Gross operating margin | 9900 | €26,644 | €29,137 | +€2,493 | +9.4% |
| Operating profit (loss) | 9901 | €25,538 | €27,083 | +€1,545 | +6.1% |
| Financial income | 75/76B | €18 | €5 | -€13 | -71.9% |
| Recurring financial income | 75 | €18 | €5 | -€13 | -71.9% |
| Financial charges | 65/66B | €2,195 | €1,312 | -€883 | -40.2% |
| Recurring financial charges | 65 | €2,195 | €1,312 | -€883 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €23,360 | €25,775 | +€2,415 | +10.3% |
| Income taxes | 67/77 | €5,319 | €5,722 | +€403 | +7.6% |
| Profit (loss) for the period | 9904 | €18,041 | €20,053 | +€2,012 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,041 | €20,053 | +€2,012 | +11.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.