JBS: 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.
JBS
Largest movements
- Stocks and contracts +€15,325
up €15,325 (+60.8%), from €25,208 to €40,533
- Tangible fixed assets -€7,180
down €7,180 (-31.1%), from €23,083 to €15,903
of which Furniture and vehicles: -€6,749
- Receivables within one year -€4,036
down €4,036 (-47.9%), from €8,426 to €4,390
- Reserves +€22,064
new in 2025: €22,064
- Profit (loss) carried forward -€18,155
no longer reported in 2025 (was €18,155)
- Tax, wage and social debts +€6,995
up €6,995 (+54.6%), from €12,802 to €19,797
of which Remuneration and social security: +€6,755
- Debts after one year -€4,526
down €4,526 (-39.7%), from €11,406 to €6,880
- Trade debts -€3,232
down €3,232 (-9.2%), from €35,049 to €31,817
- Gross operating margin +€9,743
up €9,743 (+11.9%), from €81,845 to €91,588
- Staff costs +€7,606
up €7,606 (+12.1%), from €62,777 to €70,383
- Financial charges +€3,663
up €3,663 (+211.1%), from €1,735 to €5,399
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 | €91,484 | €95,765 | +€4,280 | +4.7% |
| Fixed assets | 21/28 | €28,643 | €21,463 | -€7,180 | -25.1% |
| Tangible fixed assets | 22/27 | €23,083 | €15,903 | -€7,180 | -31.1% |
| Plant, machinery and equipment | 23 | €1,149 | €718 | -€431 | -37.5% |
| Furniture and vehicles | 24 | €21,933 | €15,185 | -€6,749 | -30.8% |
| Financial fixed assets | 28 | €5,560 | €5,560 | = | 0.0% |
| Current assets | 29/58 | €62,842 | €74,302 | +€11,460 | +18.2% |
| Stocks and contracts in progress | 3 | €25,208 | €40,533 | +€15,325 | +60.8% |
| Stocks | 30/36 | €25,208 | €40,533 | +€15,325 | +60.8% |
| Amounts receivable within one year | 40/41 | €8,426 | €4,390 | -€4,036 | -47.9% |
| Other amounts receivable | 41 | €8,426 | €4,390 | -€4,036 | -47.9% |
| Cash at bank and in hand | 54/58 | €29,208 | €29,378 | +€170 | +0.6% |
| Total equity and liabilities | 10/49 | €91,484 | €95,765 | +€4,280 | +4.7% |
| Equity | 10/15 | €27,655 | €31,564 | +€3,909 | +14.1% |
| Contributions | 10/11 | €9,500 | €9,500 | = | 0.0% |
| Reserves | 13 | - | €22,064 | +€22,064 | |
| Distributable reserves | 133 | - | €22,064 | +€22,064 | |
| Profit (loss) carried forward | 14 | €18,155 | - | -€18,155 | |
| Amounts payable | 17/49 | €63,830 | €64,201 | +€371 | +0.6% |
| Amounts payable after more than one year | 17 | €11,406 | €6,880 | -€4,526 | -39.7% |
| Financial debts | 170/4 | €11,406 | €6,880 | -€4,526 | -39.7% |
| Amounts payable within one year | 42/48 | €52,424 | €57,321 | +€4,897 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €4,270 | €4,526 | +€256 | +6.0% |
| Trade debts | 44 | €35,049 | €31,817 | -€3,232 | -9.2% |
| Suppliers | 440/4 | €35,049 | €31,817 | -€3,232 | -9.2% |
| Taxes, remuneration and social security | 45 | €12,802 | €19,797 | +€6,995 | +54.6% |
| Taxes | 450/3 | €5,179 | €5,419 | +€240 | +4.6% |
| Remuneration and social security | 454/9 | €7,623 | €14,379 | +€6,755 | +88.6% |
| Other amounts payable | 47/48 | €302 | €1,180 | +€878 | +290.3% |
| Remuneration, social security and pensions | 62 | €62,777 | €70,383 | +€7,606 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,180 | €7,180 | = | 0.0% |
| Other operating charges | 640/8 | €1,254 | €1,978 | +€724 | +57.7% |
| Gross operating margin | 9900 | €81,845 | €91,588 | +€9,743 | +11.9% |
| Operating profit (loss) | 9901 | €10,634 | €12,047 | +€1,413 | +13.3% |
| Financial income | 75/76B | €7 | €22 | +€16 | +240.2% |
| Recurring financial income | 75 | €7 | €22 | +€16 | +240.2% |
| Financial charges | 65/66B | €1,735 | €5,399 | +€3,663 | +211.1% |
| Recurring financial charges | 65 | €1,735 | €5,399 | +€3,663 | +211.1% |
| Profit (loss) for the period before taxes | 9903 | €8,905 | €6,670 | -€2,235 | -25.1% |
| Income taxes | 67/77 | €3,187 | €2,761 | -€426 | -13.4% |
| Profit (loss) for the period | 9904 | €5,718 | €3,909 | -€1,808 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,718 | €3,909 | -€1,808 | -31.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.