JIBAM: 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.
What changed
JIBAM
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4,142
2024 · €5,500-€1,358
Equity
€823,395
2024 · €819,254+€4,142
Cash
€321,012
2024 · €366,265-€45,253
Balance sheet total
€1.9m
2024 · €1.9m-€53,133
Largest movements
Assets
- Cash -€45,253
down €45,253 (-12.4%), from €366,265 to €321,012
mainly Investment in fixed assets (net) (-€68,509) and Debts after one year (-€59,467)
Equity and liabilities
- Debts after one year -€59,467
down €59,467 (-5.9%), from €1.0m to €944,422
Income statement
- Gross operating margin -€3,788
down €3,788 (-3.5%), from €109,787 to €105,998
- Financial income +€2,334
up €2,334, from €0 to €2,334
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.
Result 2024
€5,500
Gross operating margin
-€3,788
Depreciation
+€179
Other operating charges
-€385
Financial income
+€2,334
Financial charges
+€996
Taxes
-€694
Result 2025
€4,142
raises the resultlowers the result
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.
From operations
+€81,615
Investment
-€68,509
Financing
-€58,359
Cash 2024
€366,265
From operations (derived)
+€81,615
Net result for the year
+€4,142
Depreciation
+€75,641
Receivables within one year
+€758
Deferred charges and accrued income
-€11
Provisions
-€2,408
Trade debts
+€2,122
Tax, wage and social debts
+€2,870
Other debts
-€1,500
Investment (derived)
-€68,509
Investment in fixed assets (net)
-€68,509
Financing
-€58,359
Debts after one year
-€59,467
Current portion of long-term debt
+€1,108
Cash 2025
€321,012
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,946,682 | €1,893,549 | -€53,133 | -2.7% |
| Fixed assets | 21/28 | €1,578,273 | €1,571,141 | -€7,132 | -0.5% |
| Tangible fixed assets | 22/27 | €1,578,273 | €1,571,141 | -€7,132 | -0.5% |
| Land and buildings | 22 | €1,578,273 | €1,571,141 | -€7,132 | -0.5% |
| Current assets | 29/58 | €368,408 | €322,408 | -€46,001 | -12.5% |
| Amounts receivable within one year | 40/41 | €768 | €9 | -€758 | -98.8% |
| Trade receivables | 40 | €768 | €9 | -€758 | -98.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €366,265 | €321,012 | -€45,253 | -12.4% |
| Deferred charges and accrued income | 490/1 | €1,375 | €1,386 | +€11 | +0.8% |
| Total equity and liabilities | 10/49 | €1,946,682 | €1,893,549 | -€53,133 | -2.7% |
| Equity | 10/15 | €819,254 | €823,395 | +€4,142 | +0.5% |
| Contributions | 10/11 | €782,500 | €782,500 | = | 0.0% |
| Reserves | 13 | €72,151 | €64,928 | -€7,223 | -10.0% |
| Non-distributable reserves | 130/1 | €2,675 | €2,675 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,675 | €2,675 | = | 0.0% |
| Tax-exempt reserves | 132 | €69,476 | €62,252 | -€7,223 | -10.4% |
| Profit (loss) carried forward | 14 | -€35,397 | -€24,032 | +€11,365 | +32.1% |
| Provisions and deferred taxes | 16 | €41,044 | €38,636 | -€2,408 | -5.9% |
| Deferred taxes | 168 | €41,044 | €38,636 | -€2,408 | -5.9% |
| Amounts payable | 17/49 | €1,086,385 | €1,031,518 | -€54,867 | -5.1% |
| Amounts payable after more than one year | 17 | €1,003,890 | €944,422 | -€59,467 | -5.9% |
| Financial debts | 170/4 | €1,003,890 | €944,422 | -€59,467 | -5.9% |
| Amounts payable within one year | 42/48 | €82,495 | €87,095 | +€4,601 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €58,359 | €59,467 | +€1,108 | +1.9% |
| Trade debts | 44 | €285 | €2,407 | +€2,122 | +745% |
| Suppliers | 440/4 | €285 | €2,407 | +€2,122 | +745% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,911 | €9,782 | +€2,870 | +41.5% |
| Taxes | 450/3 | €6,911 | €9,782 | +€2,870 | +41.5% |
| Other amounts payable | 47/48 | €16,939 | €15,439 | -€1,500 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,820 | €75,641 | -€179 | -0.2% |
| Other operating charges | 640/8 | €12,254 | €12,639 | +€385 | +3.1% |
| Gross operating margin | 9900 | €109,787 | €105,998 | -€3,788 | -3.5% |
| Operating profit (loss) | 9901 | €21,713 | €17,719 | -€3,995 | -18.4% |
| Financial income | 75/76B | €0 | €2,334 | +€2,334 | |
| Recurring financial income | 75 | €0 | €2,334 | +€2,334 | |
| Financial charges | 65/66B | €18,621 | €17,624 | -€996 | -5.4% |
| Recurring financial charges | 65 | €18,621 | €17,624 | -€996 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €3,092 | €2,429 | -€664 | -21.5% |
| Transfer from deferred taxes | 780 | €2,408 | €2,408 | = | 0.0% |
| Income taxes | 67/77 | - | €694 | +€694 | |
| Profit (loss) for the period | 9904 | €5,500 | €4,142 | -€1,358 | -24.7% |
| Transfer from tax-exempt reserves | 789 | €7,223 | €7,223 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,723 | €11,365 | -€1,358 | -10.7% |
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 13 October 2026 via checked.be.