JBMS: 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.
JBMS
Largest movements
- Cash +€19,674
up €19,674 (+70.6%), from €27,880 to €47,554
mainly Net result for the year (+€61,754) and Depreciation (+€13,567)
- Receivables within one year +€13,235
up €13,235 (+298%), from €4,445 to €17,680
of which Other amounts receivable: +€13,629
- Tangible fixed assets -€8,727
down €8,727 (-12.1%), from €72,288 to €63,561
of which Other tangible fixed assets: -€6,373
- Profit (loss) carried forward +€15,727
up €15,727 (+25.4%), from €61,938 to €77,666
- Current portion of long-term debt +€5,603
up €5,603 (+36.4%), from €15,397 to €21,000
- Tax, wage and social debts +€3,339
up €3,339 (+12.3%), from €27,051 to €30,390
of which Remuneration and social security: +€3,758
- Trade debts -€1,690
down €1,690 (-19.8%), from €8,550 to €6,860
- Gross operating margin +€50,062
up €50,062 (+50.7%), from €98,810 to €148,872
- Taxes +€14,521
up €14,521 (+140%), from €10,378 to €24,898
- Staff costs +€1,908
up €1,908 (+4.2%), from €45,694 to €47,602
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 | €132,241 | €155,094 | +€22,853 | +17.3% |
| Fixed assets | 21/28 | €72,348 | €63,621 | -€8,727 | -12.1% |
| Tangible fixed assets | 22/27 | €72,288 | €63,561 | -€8,727 | -12.1% |
| Furniture and vehicles | 24 | €6,981 | €4,627 | -€2,354 | -33.7% |
| Other tangible fixed assets | 26 | €65,307 | €58,934 | -€6,373 | -9.8% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €59,893 | €91,473 | +€31,580 | +52.7% |
| Amounts receivable within one year | 40/41 | €4,445 | €17,680 | +€13,235 | +298% |
| Trade receivables | 40 | €3,629 | €3,235 | -€394 | -10.9% |
| Other amounts receivable | 41 | €816 | €14,445 | +€13,629 | +1,671% |
| Cash at bank and in hand | 54/58 | €27,880 | €47,554 | +€19,674 | +70.6% |
| Deferred charges and accrued income | 490/1 | €27,568 | €26,239 | -€1,329 | -4.8% |
| Total equity and liabilities | 10/49 | €132,241 | €155,094 | +€22,853 | +17.3% |
| Equity | 10/15 | €81,116 | €96,844 | +€15,727 | +19.4% |
| Contributions | 10/11 | €19,178 | €19,178 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €61,938 | €77,666 | +€15,727 | +25.4% |
| Amounts payable | 17/49 | €51,125 | €58,250 | +€7,125 | +13.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €51,125 | €58,250 | +€7,125 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €15,397 | €21,000 | +€5,603 | +36.4% |
| Trade debts | 44 | €8,550 | €6,860 | -€1,690 | -19.8% |
| Suppliers | 440/4 | €8,550 | €6,860 | -€1,690 | -19.8% |
| Taxes, remuneration and social security | 45 | €27,051 | €30,390 | +€3,339 | +12.3% |
| Taxes | 450/3 | €21,599 | €21,180 | -€419 | -1.9% |
| Remuneration and social security | 454/9 | €5,452 | €9,210 | +€3,758 | +68.9% |
| Other amounts payable | 47/48 | €127 | €0 | -€127 | -100% |
| Remuneration, social security and pensions | 62 | €45,694 | €47,602 | +€1,908 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,790 | €13,567 | -€223 | -1.6% |
| Other operating charges | 640/8 | €462 | €475 | +€12 | +2.7% |
| Gross operating margin | 9900 | €98,810 | €148,872 | +€50,062 | +50.7% |
| Operating profit (loss) | 9901 | €38,863 | €87,228 | +€48,365 | +124% |
| Financial income | 75/76B | €81 | €10 | -€70 | -87.2% |
| Recurring financial income | 75 | €81 | €10 | -€70 | -87.2% |
| Financial charges | 65/66B | €1,006 | €586 | -€420 | -41.8% |
| Recurring financial charges | 65 | €1,006 | €586 | -€420 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €37,938 | €86,652 | +€48,714 | +128% |
| Income taxes | 67/77 | €10,378 | €24,898 | +€14,521 | +140% |
| Profit (loss) for the period | 9904 | €27,560 | €61,754 | +€34,194 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €27,560 | €61,754 | +€34,194 | +124% |
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 15 October 2026 via checked.be.