JEBAR: 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.
JEBAR
Largest movements
- Cash -€21,510
no longer reported in 2025 (was €21,510)
mainly Net result for the year (-€32,133) and Trade debts (-€653)
- Tangible fixed assets -€2,130
down €2,130 (-50.0%), from €4,259 to €2,130
- Profit (loss) carried forward -€32,133
down €32,133 (-11.3%), from -€284,540 to -€316,673
- Other debts +€9,146
up €9,146 (+3.0%), from €304,803 to €313,949
- Trade debts -€653
no longer reported in 2025 (was €653)
- Gross operating margin -€47,165
down €47,165, from €17,480 to -€29,685
- Other operating charges +€387
new in 2025: €387
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 | €34,916 | €11,277 | -€23,640 | -67.7% |
| Fixed assets | 21/28 | €13,109 | €10,980 | -€2,130 | -16.2% |
| Tangible fixed assets | 22/27 | €4,259 | €2,130 | -€2,130 | -50.0% |
| Other tangible fixed assets | 26 | €4,259 | €2,130 | -€2,130 | -50.0% |
| Financial fixed assets | 28 | €8,850 | €8,850 | = | 0.0% |
| Current assets | 29/58 | €21,807 | €297 | -€21,510 | -98.6% |
| Amounts receivable within one year | 40/41 | €297 | €297 | = | 0.0% |
| Other amounts receivable | 41 | €297 | €297 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,510 | - | -€21,510 | |
| Total equity and liabilities | 10/49 | €34,916 | €11,277 | -€23,640 | -67.7% |
| Equity | 10/15 | -€270,540 | -€302,673 | -€32,133 | -11.9% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€284,540 | -€316,673 | -€32,133 | -11.3% |
| Amounts payable | 17/49 | €305,456 | €313,949 | +€8,493 | +2.8% |
| Amounts payable within one year | 42/48 | €305,456 | €313,949 | +€8,493 | +2.8% |
| Trade debts | 44 | €653 | - | -€653 | |
| Suppliers | 440/4 | €653 | - | -€653 | |
| Other amounts payable | 47/48 | €304,803 | €313,949 | +€9,146 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,130 | €2,130 | = | 0.0% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €17,480 | -€29,685 | -€47,165 | |
| Operating profit (loss) | 9901 | €15,351 | -€32,202 | -€47,553 | |
| Financial income | 75/76B | - | €126 | +€126 | |
| Recurring financial income | 75 | - | €126 | +€126 | |
| Financial charges | 65/66B | €254 | €57 | -€198 | -77.8% |
| Recurring financial charges | 65 | €254 | €57 | -€198 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €15,096 | -€32,133 | -€47,229 | |
| Profit (loss) for the period | 9904 | €15,096 | -€32,133 | -€47,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,096 | -€32,133 | -€47,229 |
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 9 October 2026 via checked.be.