JEB: 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.
JEB
Largest movements
- Cash +€17,215
up €17,215 (+124.5%), from €13,825 to €31,040
mainly Depreciation (+€17,327) and Net result for the year (+€13,630)
- Tangible fixed assets -€11,757
down €11,757 (-34.7%), from €33,853 to €22,096
of which Furniture and vehicles: -€11,153
- Receivables within one year -€2,173
down €2,173 (-23.8%), from €9,134 to €6,961
of which Other amounts receivable: -€1,647
- Reserves +€13,630
up €13,630 (+81.5%), from €16,728 to €30,358
- Other debts -€7,184
down €7,184 (-33.9%), from €21,185 to €14,001
- Tax, wage and social debts -€3,920
down €3,920 (-41.5%), from €9,447 to €5,528
- Trade debts +€781
up €781 (+74.5%), from €1,049 to €1,831
- Gross operating margin -€24,549
down €24,549 (-36.7%), from €66,832 to €42,282
- Taxes -€8,054
down €8,054 (-47.9%), from €16,814 to €8,760
- Depreciation +€1,281
up €1,281 (+8.0%), from €16,046 to €17,327
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 | €58,410 | €61,718 | +€3,308 | +5.7% |
| Fixed assets | 21/28 | €33,853 | €22,096 | -€11,757 | -34.7% |
| Tangible fixed assets | 22/27 | €33,853 | €22,096 | -€11,757 | -34.7% |
| Plant, machinery and equipment | 23 | €604 | €0 | -€604 | -100.0% |
| Furniture and vehicles | 24 | €33,249 | €22,096 | -€11,153 | -33.5% |
| Current assets | 29/58 | €24,558 | €39,622 | +€15,064 | +61.3% |
| Amounts receivable within one year | 40/41 | €9,134 | €6,961 | -€2,173 | -23.8% |
| Trade receivables | 40 | €7,487 | €6,961 | -€526 | -7.0% |
| Other amounts receivable | 41 | €1,647 | €0 | -€1,647 | -100.0% |
| Cash at bank and in hand | 54/58 | €13,825 | €31,040 | +€17,215 | +124.5% |
| Deferred charges and accrued income | 490/1 | €1,598 | €1,621 | +€23 | +1.4% |
| Total equity and liabilities | 10/49 | €58,410 | €61,718 | +€3,308 | +5.7% |
| Equity | 10/15 | €26,728 | €40,358 | +€13,630 | +51.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €16,728 | €30,358 | +€13,630 | +81.5% |
| Distributable reserves | 133 | €16,728 | €30,358 | +€13,630 | +81.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,682 | €21,360 | -€10,322 | -32.6% |
| Amounts payable within one year | 42/48 | €31,682 | €21,360 | -€10,322 | -32.6% |
| Trade debts | 44 | €1,049 | €1,831 | +€781 | +74.5% |
| Suppliers | 440/4 | €1,049 | €1,831 | +€781 | +74.5% |
| Taxes, remuneration and social security | 45 | €9,447 | €5,528 | -€3,920 | -41.5% |
| Taxes | 450/3 | €9,447 | €5,528 | -€3,920 | -41.5% |
| Other amounts payable | 47/48 | €21,185 | €14,001 | -€7,184 | -33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,046 | €17,327 | +€1,281 | +8.0% |
| Other operating charges | 640/8 | €881 | €903 | +€22 | +2.5% |
| Gross operating margin | 9900 | €66,832 | €42,282 | -€24,549 | -36.7% |
| Operating profit (loss) | 9901 | €49,904 | €24,052 | -€25,852 | -51.8% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,363 | €1,671 | +€308 | +22.6% |
| Recurring financial charges | 65 | €1,363 | €1,671 | +€308 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €48,541 | €22,390 | -€26,151 | -53.9% |
| Income taxes | 67/77 | €16,814 | €8,760 | -€8,054 | -47.9% |
| Profit (loss) for the period | 9904 | €31,727 | €13,630 | -€18,098 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,727 | €13,630 | -€18,098 | -57.0% |
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 10 October 2026 via checked.be.