JBX IMMO: 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.
JBX IMMO
Largest movements
- Current investments -€99,085
down €99,085 (-32.1%), from €308,993 to €209,908
- Tangible fixed assets +€88,433
up €88,433 (+6.0%), from €1.5m to €1.6m
of which Land and buildings: +€91,814
- Cash -€81,445
down €81,445 (-75.3%), from €108,148 to €26,702
mainly Investment in fixed assets (net) (-€180,774) and Trade debts (-€45,712)
- Receivables within one year +€21,933
up €21,933 (+42.0%), from €52,186 to €74,119
of which Other amounts receivable: +€24,853
- Trade debts -€45,712
down €45,712 (-94.1%), from €48,557 to €2,845
- Depreciation +€16,471
up €16,471 (+21.7%), from €75,871 to €92,342
- Gross operating margin -€9,205
down €9,205 (-6.2%), from €149,459 to €140,254
- Taxes -€8,268
down €8,268 (-43.5%), from €18,994 to €10,726
- Other operating charges +€2,454
up €2,454 (+9.6%), from €25,689 to €28,143
- Financial income +€2,035
up €2,035 (+27.6%), from €7,364 to €9,399
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 | €1,934,855 | €1,864,779 | -€70,077 | -3.6% |
| Fixed assets | 21/28 | €1,464,241 | €1,552,673 | +€88,433 | +6.0% |
| Tangible fixed assets | 22/27 | €1,464,241 | €1,552,673 | +€88,433 | +6.0% |
| Land and buildings | 22 | €1,422,417 | €1,514,231 | +€91,814 | +6.5% |
| Plant, machinery and equipment | 23 | €10,838 | €16,858 | +€6,020 | +55.5% |
| Furniture and vehicles | 24 | €30,985 | €21,584 | -€9,401 | -30.3% |
| Current assets | 29/58 | €470,615 | €312,105 | -€158,509 | -33.7% |
| Amounts receivable within one year | 40/41 | €52,186 | €74,119 | +€21,933 | +42.0% |
| Trade receivables | 40 | €2,920 | €0 | -€2,920 | -100.0% |
| Other amounts receivable | 41 | €49,266 | €74,119 | +€24,853 | +50.4% |
| Current investments | 50/53 | €308,993 | €209,908 | -€99,085 | -32.1% |
| Cash at bank and in hand | 54/58 | €108,148 | €26,702 | -€81,445 | -75.3% |
| Deferred charges and accrued income | 490/1 | €1,288 | €1,375 | +€87 | +6.8% |
| Total equity and liabilities | 10/49 | €1,934,855 | €1,864,779 | -€70,077 | -3.6% |
| Equity | 10/15 | €1,870,711 | €1,857,625 | -€13,086 | -0.7% |
| Contributions | 10/11 | €1,394,000 | €1,394,000 | = | 0.0% |
| Capital | 10 | €1,394,000 | €1,394,000 | = | 0.0% |
| Issued capital | 100 | €1,394,000 | €1,394,000 | = | 0.0% |
| Reserves | 13 | €319,589 | €306,503 | -€13,086 | -4.1% |
| Non-distributable reserves | 130/1 | €31,385 | €32,369 | +€984 | +3.1% |
| Legal reserve | 130 | €31,385 | €32,369 | +€984 | +3.1% |
| Tax-exempt reserves | 132 | €8,039 | €8,039 | = | 0.0% |
| Distributable reserves | 133 | €280,165 | €266,095 | -€14,070 | -5.0% |
| Profit (loss) carried forward | 14 | €157,122 | €157,122 | = | 0.0% |
| Amounts payable | 17/49 | €64,145 | €7,154 | -€56,990 | -88.8% |
| Amounts payable within one year | 42/48 | €64,145 | €7,154 | -€56,990 | -88.8% |
| Trade debts | 44 | €48,557 | €2,845 | -€45,712 | -94.1% |
| Suppliers | 440/4 | €48,557 | €2,845 | -€45,712 | -94.1% |
| Taxes, remuneration and social security | 45 | €13,946 | €0 | -€13,946 | -100.0% |
| Taxes | 450/3 | €13,946 | €0 | -€13,946 | -100.0% |
| Other amounts payable | 47/48 | €1,641 | €4,309 | +€2,668 | +162.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,871 | €92,342 | +€16,471 | +21.7% |
| Other operating charges | 640/8 | €25,689 | €28,143 | +€2,454 | +9.6% |
| Gross operating margin | 9900 | €149,459 | €140,254 | -€9,205 | -6.2% |
| Operating profit (loss) | 9901 | €47,900 | €19,770 | -€28,130 | -58.7% |
| Financial income | 75/76B | €7,364 | €9,399 | +€2,035 | +27.6% |
| Recurring financial income | 75 | €7,364 | €9,399 | +€2,035 | +27.6% |
| Financial charges | 65/66B | €422 | €464 | +€42 | +10.0% |
| Recurring financial charges | 65 | €422 | €464 | +€42 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €54,843 | €28,705 | -€26,137 | -47.7% |
| Income taxes | 67/77 | €18,994 | €10,726 | -€8,268 | -43.5% |
| Profit (loss) for the period | 9904 | €35,848 | €17,979 | -€17,869 | -49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,848 | €17,979 | -€17,869 | -49.8% |
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 5 October 2026 via checked.be.