JBS SOLUTIONS: 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.
JBS SOLUTIONS
Largest movements
- Tangible fixed assets -€35,914
down €35,914 (-23.6%), from €152,246 to €116,331
of which Furniture and vehicles: -€24,343
- Cash -€33,064
down €33,064 (-52.2%), from €63,323 to €30,259
mainly Net result for the year (-€99,321) and Investment in fixed assets (net) (-€48,573)
- Receivables within one year +€15,448
up €15,448 (+7.6%), from €204,182 to €219,630
of which Trade receivables: +€33,571
- Trade debts +€114,349
up €114,349 (+238.2%), from €47,996 to €162,346
- Profit (loss) carried forward -€99,321
down €99,321 (-93.3%), from €106,443 to €7,122
- Other debts -€37,641
down €37,641 (-33.7%), from €111,547 to €73,906
- Debts after one year -€25,235
down €25,235 (-54.8%), from €46,059 to €20,824
- Tax, wage and social debts -€23,878
down €23,878 (-54.2%), from €44,085 to €20,208
of which Taxes: -€22,716
- Gross operating margin -€321,611
down €321,611, from €316,091 to -€5,520
- Staff costs -€163,299
down €163,299 (-99.4%), from €164,358 to €1,059
- Taxes -€17,129
down €17,129 (-79.7%), from €21,487 to €4,358
- Depreciation +€10,626
up €10,626 (+14.4%), from €74,012 to €84,638
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 | €444,545 | €389,732 | -€54,814 | -12.3% |
| Fixed assets | 21/28 | €171,471 | €135,406 | -€36,064 | -21.0% |
| Tangible fixed assets | 22/27 | €152,246 | €116,331 | -€35,914 | -23.6% |
| Plant, machinery and equipment | 23 | €83,482 | €71,911 | -€11,571 | -13.9% |
| Furniture and vehicles | 24 | €68,764 | €44,421 | -€24,343 | -35.4% |
| Financial fixed assets | 28 | €19,225 | €19,075 | -€150 | -0.8% |
| Current assets | 29/58 | €273,074 | €254,325 | -€18,749 | -6.9% |
| Amounts receivable within one year | 40/41 | €204,182 | €219,630 | +€15,448 | +7.6% |
| Trade receivables | 40 | €183,347 | €216,918 | +€33,571 | +18.3% |
| Other amounts receivable | 41 | €20,835 | €2,712 | -€18,123 | -87.0% |
| Cash at bank and in hand | 54/58 | €63,323 | €30,259 | -€33,064 | -52.2% |
| Deferred charges and accrued income | 490/1 | €5,569 | €4,436 | -€1,133 | -20.3% |
| Total equity and liabilities | 10/49 | €444,545 | €389,732 | -€54,814 | -12.3% |
| Equity | 10/15 | €157,698 | €58,378 | -€99,321 | -63.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,655 | €32,655 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,795 | €30,795 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,443 | €7,122 | -€99,321 | -93.3% |
| Amounts payable | 17/49 | €286,847 | €331,354 | +€44,507 | +15.5% |
| Amounts payable after more than one year | 17 | €46,059 | €20,824 | -€25,235 | -54.8% |
| Financial debts | 170/4 | €46,059 | €20,824 | -€25,235 | -54.8% |
| Amounts payable within one year | 42/48 | €240,788 | €306,694 | +€65,906 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €37,160 | €50,235 | +€13,075 | +35.2% |
| Trade debts | 44 | €47,996 | €162,346 | +€114,349 | +238.2% |
| Suppliers | 440/4 | €47,996 | €162,346 | +€114,349 | +238.2% |
| Taxes, remuneration and social security | 45 | €44,085 | €20,208 | -€23,878 | -54.2% |
| Taxes | 450/3 | €42,924 | €20,208 | -€22,716 | -52.9% |
| Remuneration and social security | 454/9 | €1,161 | - | -€1,161 | |
| Other amounts payable | 47/48 | €111,547 | €73,906 | -€37,641 | -33.7% |
| Accrued charges and deferred income | 492/3 | - | €3,835 | +€3,835 | |
| Non-recurring operating income | 76A | €40,515 | - | -€40,515 | |
| Remuneration, social security and pensions | 62 | €164,358 | €1,059 | -€163,299 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,012 | €84,638 | +€10,626 | +14.4% |
| Other operating charges | 640/8 | €2,442 | €2,516 | +€74 | +3.0% |
| Non-recurring operating charges | 66A | €23,368 | -€5,940 | -€29,307 | |
| Gross operating margin | 9900 | €316,091 | -€5,520 | -€321,611 | |
| Operating profit (loss) | 9901 | €51,912 | -€87,793 | -€139,705 | |
| Financial income | 75/76B | €230 | €2 | -€228 | -99.2% |
| Recurring financial income | 75 | €230 | €2 | -€228 | -99.2% |
| Financial charges | 65/66B | €8,102 | €7,171 | -€931 | -11.5% |
| Recurring financial charges | 65 | €8,102 | €7,171 | -€931 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €44,039 | -€94,962 | -€139,001 | |
| Income taxes | 67/77 | €21,487 | €4,358 | -€17,129 | -79.7% |
| Profit (loss) for the period | 9904 | €22,552 | -€99,321 | -€121,873 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,552 | -€99,321 | -€121,873 |
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 8 October 2026 via checked.be.