JEBAKO: 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.
JEBAKO
Largest movements
- Receivables within one year +€29,080
up €29,080 (+74.4%), from €39,096 to €68,176
of which Other amounts receivable: +€16,875
- Cash -€25,284
down €25,284 (-28.2%), from €89,676 to €64,392
mainly Debts after one year (-€47,278) and Investment in fixed assets (net) (-€33,568)
- Tangible fixed assets -€23,340
down €23,340 (-3.2%), from €727,133 to €703,793
of which Land and buildings: -€23,737
- Debts after one year -€47,278
down €47,278 (-32.0%), from €147,655 to €100,378
of which Financial debts: -€35,887
- Reserves +€22,783
up €22,783 (+6.9%), from €331,320 to €354,103
- Tax, wage and social debts -€18,366
down €18,366 (-62.4%), from €29,416 to €11,049
of which Taxes: -€19,874
- Trade debts +€11,309
up €11,309 (+23.4%), from €48,246 to €59,554
- Other debts +€9,121
new in 2025: €9,121
- Gross operating margin +€77,866
up €77,866 (+61.3%), from €127,109 to €204,975
- Staff costs +€28,348
up €28,348 (+50.4%), from €56,295 to €84,643
- Taxes +€10,094
up €10,094 (+880%), from €1,147 to €11,241
- Other operating charges +€9,860
up €9,860 (+117%), from €8,422 to €18,282
- Financial income -€3,721
down €3,721 (-94.8%), from €3,925 to €204
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.
Derived cash bridge
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 | €861,767 | €842,132 | -€19,635 | -2.3% |
| Fixed assets | 21/28 | €727,133 | €703,793 | -€23,340 | -3.2% |
| Tangible fixed assets | 22/27 | €727,133 | €703,793 | -€23,340 | -3.2% |
| Land and buildings | 22 | €622,809 | €599,071 | -€23,737 | -3.8% |
| Plant, machinery and equipment | 23 | €88,270 | €84,015 | -€4,255 | -4.8% |
| Furniture and vehicles | 24 | €16,054 | €20,707 | +€4,653 | +29.0% |
| Current assets | 29/58 | €134,634 | €138,339 | +€3,705 | +2.8% |
| Stocks and contracts in progress | 3 | €4,703 | €5,615 | +€912 | +19.4% |
| Stocks | 30/36 | €4,703 | €5,615 | +€912 | +19.4% |
| Amounts receivable within one year | 40/41 | €39,096 | €68,176 | +€29,080 | +74.4% |
| Trade receivables | 40 | €19,243 | €31,448 | +€12,204 | +63.4% |
| Other amounts receivable | 41 | €19,853 | €36,728 | +€16,875 | +85.0% |
| Cash at bank and in hand | 54/58 | €89,676 | €64,392 | -€25,284 | -28.2% |
| Deferred charges and accrued income | 490/1 | €1,159 | €157 | -€1,002 | -86.5% |
| Total equity and liabilities | 10/49 | €861,767 | €842,132 | -€19,635 | -2.3% |
| Equity | 10/15 | €578,820 | €601,603 | +€22,783 | +3.9% |
| Contributions | 10/11 | €247,500 | €247,500 | = | 0.0% |
| Reserves | 13 | €331,320 | €354,103 | +€22,783 | +6.9% |
| Distributable reserves | 133 | €331,320 | €354,103 | +€22,783 | +6.9% |
| Amounts payable | 17/49 | €282,946 | €240,529 | -€42,418 | -15.0% |
| Amounts payable after more than one year | 17 | €147,655 | €100,378 | -€47,278 | -32.0% |
| Financial debts | 170/4 | €136,265 | €100,378 | -€35,887 | -26.3% |
| Other amounts payable | 178/9 | €11,390 | - | -€11,390 | |
| Amounts payable within one year | 42/48 | €135,291 | €140,151 | +€4,860 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €57,630 | €60,427 | +€2,797 | +4.9% |
| Trade debts | 44 | €48,246 | €59,554 | +€11,309 | +23.4% |
| Suppliers | 440/4 | €48,246 | €59,554 | +€11,309 | +23.4% |
| Taxes, remuneration and social security | 45 | €29,416 | €11,049 | -€18,366 | -62.4% |
| Taxes | 450/3 | €19,874 | - | -€19,874 | |
| Remuneration and social security | 454/9 | €9,542 | €11,049 | +€1,507 | +15.8% |
| Other amounts payable | 47/48 | - | €9,121 | +€9,121 | |
| Non-recurring operating income | 76A | €2,025 | €2,347 | +€323 | +15.9% |
| Remuneration, social security and pensions | 62 | €56,295 | €84,643 | +€28,348 | +50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,551 | €56,908 | -€2,643 | -4.4% |
| Other operating charges | 640/8 | €8,422 | €18,282 | +€9,860 | +117% |
| Non-recurring operating charges | 66A | - | €12 | +€12 | |
| Gross operating margin | 9900 | €127,109 | €204,975 | +€77,866 | +61.3% |
| Operating profit (loss) | 9901 | €2,841 | €45,130 | +€42,289 | +1,489% |
| Financial income | 75/76B | €3,925 | €204 | -€3,721 | -94.8% |
| Recurring financial income | 75 | €3,925 | €204 | -€3,721 | -94.8% |
| Financial charges | 65/66B | €7,660 | €11,309 | +€3,649 | +47.6% |
| Recurring financial charges | 65 | €7,660 | €11,309 | +€3,649 | +47.6% |
| Profit (loss) for the period before taxes | 9903 | -€894 | €34,024 | +€34,919 | |
| Income taxes | 67/77 | €1,147 | €11,241 | +€10,094 | +880% |
| Profit (loss) for the period | 9904 | -€2,042 | €22,783 | +€24,825 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,042 | €22,783 | +€24,825 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.