JBVL IMMO: 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.
JBVL IMMO
Largest movements
- Cash +€24,923
up €24,923 (+301.6%), from €8,262 to €33,186
mainly Depreciation (+€49,580) and Other debts (+€20,300)
- Tangible fixed assets -€24,215
down €24,215 (-4.1%), from €587,861 to €563,646
- Deferred charges and accrued income -€12,008
no longer reported in 2025 (was €12,008)
- Debts after one year -€20,642
down €20,642 (-5.1%), from €401,324 to €380,682
- Other debts +€20,300
up €20,300 (+7.6%), from €266,286 to €286,586
- Profit (loss) carried forward -€12,013
down €12,013 (-13.2%), from -€91,330 to -€103,342
- Gross operating margin +€12,386
up €12,386 (+36.4%), from €34,075 to €46,461
- Depreciation +€2,364
up €2,364 (+5.0%), from €47,216 to €49,580
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 | €609,074 | €597,320 | -€11,754 | -1.9% |
| Fixed assets | 21/28 | €587,861 | €563,646 | -€24,215 | -4.1% |
| Tangible fixed assets | 22/27 | €587,861 | €563,646 | -€24,215 | -4.1% |
| Land and buildings | 22 | €587,861 | €563,646 | -€24,215 | -4.1% |
| Current assets | 29/58 | €21,213 | €33,675 | +€12,462 | +58.7% |
| Amounts receivable within one year | 40/41 | €943 | €489 | -€454 | -48.2% |
| Trade receivables | 40 | €943 | €489 | -€454 | -48.2% |
| Cash at bank and in hand | 54/58 | €8,262 | €33,186 | +€24,923 | +301.6% |
| Deferred charges and accrued income | 490/1 | €12,008 | - | -€12,008 | |
| Total equity and liabilities | 10/49 | €609,074 | €597,320 | -€11,754 | -1.9% |
| Equity | 10/15 | -€81,330 | -€93,342 | -€12,013 | -14.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,330 | -€103,342 | -€12,013 | -13.2% |
| Amounts payable | 17/49 | €690,404 | €690,663 | +€259 | 0.0% |
| Amounts payable after more than one year | 17 | €401,324 | €380,682 | -€20,642 | -5.1% |
| Financial debts | 170/4 | €401,324 | €380,682 | -€20,642 | -5.1% |
| Amounts payable within one year | 42/48 | €289,080 | €309,981 | +€20,901 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €20,360 | €20,642 | +€282 | +1.4% |
| Trade debts | 44 | €2,434 | €1,596 | -€839 | -34.4% |
| Suppliers | 440/4 | €2,434 | €1,596 | -€839 | -34.4% |
| Taxes, remuneration and social security | 45 | - | €1,157 | +€1,157 | |
| Taxes | 450/3 | - | €1,157 | +€1,157 | |
| Other amounts payable | 47/48 | €266,286 | €286,586 | +€20,300 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,216 | €49,580 | +€2,364 | +5.0% |
| Other operating charges | 640/8 | €2,968 | €3,092 | +€124 | +4.2% |
| Gross operating margin | 9900 | €34,075 | €46,461 | +€12,386 | +36.4% |
| Operating profit (loss) | 9901 | -€16,109 | -€6,211 | +€9,898 | +61.4% |
| Financial charges | 65/66B | €6,129 | €5,801 | -€327 | -5.3% |
| Recurring financial charges | 65 | €6,129 | €5,801 | -€327 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€22,238 | -€12,013 | +€10,225 | +46.0% |
| Profit (loss) for the period | 9904 | -€22,238 | -€12,013 | +€10,225 | +46.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,238 | -€12,013 | +€10,225 | +46.0% |
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 12 October 2026 via checked.be.