JLBD EVENT: 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.
JLBD EVENT
Largest movements
- Tangible fixed assets -€75,179
down €75,179 (-66.9%), from €112,413 to €37,234
of which Plant, machinery and equipment: -€68,623
- Receivables within one year +€47,595
up €47,595 (+141%), from €33,814 to €81,409
of which Trade receivables: +€39,595
- Cash +€22,251
up €22,251 (+841%), from €2,646 to €24,897
mainly Investment in fixed assets (net) (+€55,514) and Depreciation (+€19,665)
- Other debts -€20,486
down €20,486 (-17.3%), from €118,379 to €97,893
- Tax, wage and social debts +€6,335
up €6,335 (+102%), from €6,194 to €12,529
of which Taxes: +€7,679
- Profit (loss) carried forward +€4,867
up €4,867 (+27.4%), from -€17,792 to -€12,926
- Trade debts +€3,890
up €3,890 (+186%), from €2,092 to €5,982
- Gross operating margin +€42,514
up €42,514 (+87.3%), from €48,700 to €91,214
- Staff costs -€19,788
down €19,788 (-82.4%), from €24,013 to €4,225
- Depreciation +€19,665
new in 2025: €19,665
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 | €148,873 | €143,540 | -€5,333 | -3.6% |
| Fixed assets | 21/28 | €112,413 | €37,234 | -€75,179 | -66.9% |
| Tangible fixed assets | 22/27 | €112,413 | €37,234 | -€75,179 | -66.9% |
| Plant, machinery and equipment | 23 | €105,857 | €37,234 | -€68,623 | -64.8% |
| Furniture and vehicles | 24 | €6,556 | - | -€6,556 | |
| Current assets | 29/58 | €36,460 | €106,306 | +€69,846 | +192% |
| Amounts receivable within one year | 40/41 | €33,814 | €81,409 | +€47,595 | +141% |
| Trade receivables | 40 | €33,814 | €73,409 | +€39,595 | +117% |
| Other amounts receivable | 41 | - | €8,000 | +€8,000 | |
| Cash at bank and in hand | 54/58 | €2,646 | €24,897 | +€22,251 | +841% |
| Total equity and liabilities | 10/49 | €148,873 | €143,540 | -€5,333 | -3.6% |
| Equity | 10/15 | €22,208 | €27,074 | +€4,867 | +21.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,792 | -€12,926 | +€4,867 | +27.4% |
| Amounts payable | 17/49 | €126,665 | €116,465 | -€10,200 | -8.1% |
| Amounts payable within one year | 42/48 | €126,665 | €116,465 | -€10,200 | -8.1% |
| Trade debts | 44 | €2,092 | €5,982 | +€3,890 | +186% |
| Suppliers | 440/4 | €2,092 | €5,982 | +€3,890 | +186% |
| Advances received on contracts in progress | 46 | - | €62 | +€62 | |
| Taxes, remuneration and social security | 45 | €6,194 | €12,529 | +€6,335 | +102% |
| Taxes | 450/3 | €4,850 | €12,529 | +€7,679 | +158% |
| Remuneration and social security | 454/9 | €1,344 | - | -€1,344 | |
| Other amounts payable | 47/48 | €118,379 | €97,893 | -€20,486 | -17.3% |
| Non-recurring operating income | 76A | €20,641 | €52,851 | +€32,209 | +156% |
| Remuneration, social security and pensions | 62 | €24,013 | €4,225 | -€19,788 | -82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €19,665 | +€19,665 | |
| Other operating charges | 640/8 | €3,153 | €2,872 | -€282 | -8.9% |
| Non-recurring operating charges | 66A | - | €59,223 | +€59,223 | |
| Gross operating margin | 9900 | €48,700 | €91,214 | +€42,514 | +87.3% |
| Operating profit (loss) | 9901 | €21,533 | €5,228 | -€16,305 | -75.7% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €464 | €361 | -€103 | -22.2% |
| Recurring financial charges | 65 | €464 | €361 | -€103 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €21,103 | €4,867 | -€16,236 | -76.9% |
| Profit (loss) for the period | 9904 | €21,103 | €4,867 | -€16,236 | -76.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,103 | €4,867 | -€16,236 | -76.9% |
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 26 October 2026 via checked.be.