JIBAL: what changed
Two fiscal 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.
JIBAL
Largest movements
- Tangible fixed assets -€5,172
down €5,172 (-2.3%), from €225,495 to €220,324
of which Land and buildings: -€5,037
- Receivables within one year +€3,791
up €3,791 (+5.2%), from €72,853 to €76,644
of which Trade receivables: +€4,439
- Debts after one year -€16,006
down €16,006 (-9.9%), from €161,998 to €145,993
- Trade debts +€8,987
up €8,987 (+81.5%), from €11,028 to €20,015
- Other debts +€6,421
up €6,421 (+42.8%), from €15,005 to €21,426
- Tax, wage and social debts -€3,916
down €3,916 (-22.8%), from €17,164 to €13,248
- Profit (loss) carried forward +€3,563
up €3,563 (+5.0%), from €70,551 to €74,113
- Depreciation -€21,686
down €21,686 (-73.4%), from €29,537 to €7,851
- Gross operating margin +€11,610
up €11,610 (+14.6%), from €79,710 to €91,320
- Taxes +€9,599
up €9,599 (+91.8%), from €10,462 to €20,061
- Financial charges +€4,343
up €4,343 (+177.5%), from €2,447 to €6,789
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 | €309,820 | €309,401 | -€419 | -0.1% |
| Fixed assets | 21/28 | €225,970 | €220,799 | -€5,172 | -2.3% |
| Tangible fixed assets | 22/27 | €225,495 | €220,324 | -€5,172 | -2.3% |
| Land and buildings | 22 | €224,455 | €219,418 | -€5,037 | -2.2% |
| Furniture and vehicles | 24 | €1,040 | €906 | -€134 | -12.9% |
| Financial fixed assets | 28 | €475 | €475 | = | 0.0% |
| Current assets | 29/58 | €83,850 | €88,602 | +€4,752 | +5.7% |
| Amounts receivable within one year | 40/41 | €72,853 | €76,644 | +€3,791 | +5.2% |
| Trade receivables | 40 | €17,733 | €22,172 | +€4,439 | +25.0% |
| Other amounts receivable | 41 | €55,120 | €54,472 | -€648 | -1.2% |
| Cash at bank and in hand | 54/58 | €9,541 | €9,738 | +€197 | +2.1% |
| Deferred charges and accrued income | 490/1 | €1,456 | €2,220 | +€764 | +52.5% |
| Total equity and liabilities | 10/49 | €309,820 | €309,401 | -€419 | -0.1% |
| Equity | 10/15 | €89,151 | €92,713 | +€3,563 | +4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,551 | €74,113 | +€3,563 | +5.0% |
| Amounts payable | 17/49 | €220,670 | €216,688 | -€3,982 | -1.8% |
| Amounts payable after more than one year | 17 | €161,998 | €145,993 | -€16,006 | -9.9% |
| Financial debts | 170/4 | €161,998 | €145,993 | -€16,006 | -9.9% |
| Amounts payable within one year | 42/48 | €58,672 | €70,695 | +€12,024 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €15,473 | €16,006 | +€532 | +3.4% |
| Trade debts | 44 | €11,028 | €20,015 | +€8,987 | +81.5% |
| Suppliers | 440/4 | €11,028 | €20,015 | +€8,987 | +81.5% |
| Taxes, remuneration and social security | 45 | €17,164 | €13,248 | -€3,916 | -22.8% |
| Taxes | 450/3 | €17,164 | €13,248 | -€3,916 | -22.8% |
| Other amounts payable | 47/48 | €15,005 | €21,426 | +€6,421 | +42.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,537 | €7,851 | -€21,686 | -73.4% |
| Other operating charges | 640/8 | €3,164 | €3,964 | +€799 | +25.3% |
| Gross operating margin | 9900 | €79,710 | €91,320 | +€11,610 | +14.6% |
| Operating profit (loss) | 9901 | €47,009 | €79,505 | +€32,497 | +69.1% |
| Financial income | 75/76B | €887 | €908 | +€21 | +2.3% |
| Recurring financial income | 75 | €887 | €908 | +€21 | +2.3% |
| Financial charges | 65/66B | €2,447 | €6,789 | +€4,343 | +177.5% |
| Recurring financial charges | 65 | €2,447 | €6,789 | +€4,343 | +177.5% |
| Profit (loss) for the period before taxes | 9903 | €45,449 | €73,623 | +€28,174 | +62.0% |
| Income taxes | 67/77 | €10,462 | €20,061 | +€9,599 | +91.8% |
| Profit (loss) for the period | 9904 | €34,987 | €53,563 | +€18,575 | +53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,987 | €53,563 | +€18,575 | +53.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.