JEBELLE: 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.
JEBELLE
Largest movements
- Receivables within one year -€20,503
down €20,503 (-91.5%), from €22,402 to €1,899
of which Other amounts receivable: -€20,268
- Tangible fixed assets -€1,760
down €1,760 (-22.9%), from €7,695 to €5,935
of which Other tangible fixed assets: -€2,189
- Cash -€865
down €865 (-27.4%), from €3,155 to €2,290
mainly Trade debts (-€13,343) and Debts after one year (-€11,664)
- Deferred charges and accrued income -€610
down €610 (-71.5%), from €853 to €243
- Trade debts -€13,343
down €13,343 (-71.8%), from €18,590 to €5,248
- Debts after one year -€11,664
down €11,664 (-88.8%), from €13,140 to €1,476
- Current portion of long-term debt -€6,662
down €6,662 (-40.2%), from €16,582 to €9,919
- Other debts +€3,984
new in 2025: €3,984
- Profit (loss) carried forward +€3,117
up €3,117 (+11.8%), from -€26,501 to -€23,383
- Gross operating margin -€6,380
down €6,380 (-34.5%), from €18,506 to €12,127
- Depreciation -€2,322
down €2,322 (-38.4%), from €6,039 to €3,717
- Taxes +€1,283
up €1,283 (+519%), from €247 to €1,531
- Financial income -€1,035
down €1,035 (-91.7%), from €1,129 to €94
- Financial charges -€744
down €744 (-32.8%), from €2,269 to €1,525
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 | €35,539 | €11,798 | -€23,741 | -66.8% |
| Fixed assets | 21/28 | €7,695 | €5,935 | -€1,760 | -22.9% |
| Tangible fixed assets | 22/27 | €7,695 | €5,935 | -€1,760 | -22.9% |
| Plant, machinery and equipment | 23 | €2,718 | €4,065 | +€1,347 | +49.5% |
| Furniture and vehicles | 24 | €1,170 | €253 | -€917 | -78.4% |
| Other tangible fixed assets | 26 | €3,806 | €1,617 | -€2,189 | -57.5% |
| Current assets | 29/58 | €27,844 | €5,862 | -€21,982 | -78.9% |
| Stocks and contracts in progress | 3 | €1,434 | €1,431 | -€4 | -0.3% |
| Stocks | 30/36 | €1,434 | €1,431 | -€4 | -0.3% |
| Amounts receivable within one year | 40/41 | €22,402 | €1,899 | -€20,503 | -91.5% |
| Trade receivables | 40 | €1,325 | €1,090 | -€235 | -17.7% |
| Other amounts receivable | 41 | €21,077 | €809 | -€20,268 | -96.2% |
| Cash at bank and in hand | 54/58 | €3,155 | €2,290 | -€865 | -27.4% |
| Deferred charges and accrued income | 490/1 | €853 | €243 | -€610 | -71.5% |
| Total equity and liabilities | 10/49 | €35,539 | €11,798 | -€23,741 | -66.8% |
| Equity | 10/15 | -€14,101 | -€10,983 | +€3,117 | +22.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,501 | -€23,383 | +€3,117 | +11.8% |
| Amounts payable | 17/49 | €49,640 | €22,781 | -€26,859 | -54.1% |
| Amounts payable after more than one year | 17 | €13,140 | €1,476 | -€11,664 | -88.8% |
| Financial debts | 170/4 | €13,140 | €1,476 | -€11,664 | -88.8% |
| Amounts payable within one year | 42/48 | €36,499 | €21,305 | -€15,195 | -41.6% |
| Current portion of amounts payable after more than one year | 42 | €16,582 | €9,919 | -€6,662 | -40.2% |
| Trade debts | 44 | €18,590 | €5,248 | -€13,343 | -71.8% |
| Suppliers | 440/4 | €18,590 | €5,248 | -€13,343 | -71.8% |
| Taxes, remuneration and social security | 45 | €1,328 | €2,154 | +€827 | +62.3% |
| Taxes | 450/3 | €1,328 | €2,154 | +€827 | +62.3% |
| Other amounts payable | 47/48 | - | €3,984 | +€3,984 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,039 | €3,717 | -€2,322 | -38.4% |
| Other operating charges | 640/8 | €1,044 | €644 | -€401 | -38.4% |
| Non-recurring operating charges | 66A | - | €1,686 | +€1,686 | |
| Gross operating margin | 9900 | €18,506 | €12,127 | -€6,380 | -34.5% |
| Operating profit (loss) | 9901 | €11,423 | €6,080 | -€5,343 | -46.8% |
| Financial income | 75/76B | €1,129 | €94 | -€1,035 | -91.7% |
| Recurring financial income | 75 | €1,129 | €94 | -€1,035 | -91.7% |
| Financial charges | 65/66B | €2,269 | €1,525 | -€744 | -32.8% |
| Recurring financial charges | 65 | €2,269 | €1,525 | -€744 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €10,283 | €4,648 | -€5,635 | -54.8% |
| Income taxes | 67/77 | €247 | €1,531 | +€1,283 | +519% |
| Profit (loss) for the period | 9904 | €10,035 | €3,117 | -€6,918 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,035 | €3,117 | -€6,918 | -68.9% |
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 16 October 2026 via checked.be.