JEBO PROJECTS: 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.
JEBO PROJECTS
Largest movements
- Tangible fixed assets -€103,688
down €103,688 (-68.8%), from €150,720 to €47,033
- Receivables within one year -€33,282
down €33,282 (-86.9%), from €38,314 to €5,032
of which Trade receivables: -€38,314
- Cash +€23,436
up €23,436 (+57.2%), from €40,955 to €64,392
mainly Investment in fixed assets (net) (+€100,415) and Net result for the year (+€44,294)
- Deferred charges and accrued income -€10,676
down €10,676 (-65.7%), from €16,256 to €5,580
- Trade debts -€153,725
down €153,725 (-89.2%), from €172,248 to €18,522
- Reserves +€44,294
up €44,294 (+173%), from €25,606 to €69,900
- Tax, wage and social debts -€27,097
down €27,097 (-64.6%), from €41,929 to €14,832
- Accrued charges and deferred income +€11,168
new in 2025: €11,168
- Purchases and services +€1.0m
new in 2025: €1.0m
- Turnover +€28,099
up €28,099 (+2.6%), from €1.1m to €1.1m
- Gross operating margin +€27,231
up €27,231 (+44.8%), from €60,775 to €88,005
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 | €246,246 | €122,036 | -€124,210 | -50.4% |
| Fixed assets | 21/28 | €150,720 | €47,033 | -€103,688 | -68.8% |
| Tangible fixed assets | 22/27 | €150,720 | €47,033 | -€103,688 | -68.8% |
| Furniture and vehicles | 24 | €150,720 | €47,033 | -€103,688 | -68.8% |
| Current assets | 29/58 | €95,526 | €75,004 | -€20,522 | -21.5% |
| Amounts receivable within one year | 40/41 | €38,314 | €5,032 | -€33,282 | -86.9% |
| Trade receivables | 40 | €38,314 | - | -€38,314 | |
| Other amounts receivable | 41 | - | €5,032 | +€5,032 | |
| Cash at bank and in hand | 54/58 | €40,955 | €64,392 | +€23,436 | +57.2% |
| Deferred charges and accrued income | 490/1 | €16,256 | €5,580 | -€10,676 | -65.7% |
| Total equity and liabilities | 10/49 | €246,246 | €122,036 | -€124,210 | -50.4% |
| Equity | 10/15 | €31,606 | €75,900 | +€44,294 | +140% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €25,606 | €69,900 | +€44,294 | +173% |
| Distributable reserves | 133 | €25,606 | €69,900 | +€44,294 | +173% |
| Amounts payable | 17/49 | €214,640 | €46,137 | -€168,504 | -78.5% |
| Amounts payable within one year | 42/48 | €214,640 | €34,968 | -€179,672 | -83.7% |
| Trade debts | 44 | €172,248 | €18,522 | -€153,725 | -89.2% |
| Suppliers | 440/4 | €172,248 | €18,522 | -€153,725 | -89.2% |
| Taxes, remuneration and social security | 45 | €41,929 | €14,832 | -€27,097 | -64.6% |
| Taxes | 450/3 | €41,929 | €14,832 | -€27,097 | -64.6% |
| Other amounts payable | 47/48 | €464 | €1,614 | +€1,151 | +248% |
| Accrued charges and deferred income | 492/3 | - | €11,168 | +€11,168 | |
| Turnover | 70 | €1,093,937 | €1,122,036 | +€28,099 | +2.6% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,037,017 | +€1.0m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,920 | €3,273 | -€2,647 | -44.7% |
| Other operating charges | 640/8 | €183 | €1,831 | +€1,648 | +900% |
| Non-recurring operating charges | 66A | €20,802 | €26,110 | +€5,308 | +25.5% |
| Gross operating margin | 9900 | €60,775 | €88,005 | +€27,231 | +44.8% |
| Operating profit (loss) | 9901 | €33,870 | €56,792 | +€22,922 | +67.7% |
| Financial income | 75/76B | €80 | €300 | +€219 | +272% |
| Recurring financial income | 75 | €80 | €300 | +€219 | +272% |
| Financial charges | 65/66B | €304 | €330 | +€26 | +8.5% |
| Recurring financial charges | 65 | €304 | €330 | +€26 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €33,647 | €56,762 | +€23,115 | +68.7% |
| Income taxes | 67/77 | €8,444 | €12,468 | +€4,024 | +47.7% |
| Profit (loss) for the period | 9904 | €25,203 | €44,294 | +€19,091 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,203 | €44,294 | +€19,091 | +75.8% |
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 25 October 2026 via checked.be.