JMBB: 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.
JMBB
Largest movements
- Cash +€48,603
up €48,603 (+18.3%), from €265,129 to €313,731
mainly Depreciation (+€22,183) and Tax, wage and social debts (+€18,819)
- Tangible fixed assets -€8,371
down €8,371 (-9.0%), from €93,057 to €84,686
of which Other tangible fixed assets: -€12,255
- Tax, wage and social debts +€18,819
up €18,819 (+37.1%), from €50,784 to €69,604
of which Remuneration and social security: +€17,999
- Other debts +€12,188
up €12,188 (+2.3%), from €541,669 to €553,856
- Profit (loss) carried forward +€5,398
up €5,398 (+1.8%), from -€298,093 to -€292,696
- Staff costs +€37,677
up €37,677 (+7.6%), from €494,418 to €532,095
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 | €401,286 | €439,239 | +€37,953 | +9.5% |
| Fixed assets | 21/28 | €93,537 | €85,165 | -€8,371 | -8.9% |
| Tangible fixed assets | 22/27 | €93,057 | €84,686 | -€8,371 | -9.0% |
| Plant, machinery and equipment | 23 | €19,606 | €20,482 | +€875 | +4.5% |
| Furniture and vehicles | 24 | €6,794 | €9,802 | +€3,008 | +44.3% |
| Other tangible fixed assets | 26 | €66,656 | €54,402 | -€12,255 | -18.4% |
| Financial fixed assets | 28 | €480 | €480 | = | 0.0% |
| Current assets | 29/58 | €307,749 | €354,073 | +€46,324 | +15.1% |
| Stocks and contracts in progress | 3 | €15,669 | €13,710 | -€1,959 | -12.5% |
| Stocks | 30/36 | €15,669 | €13,710 | -€1,959 | -12.5% |
| Amounts receivable within one year | 40/41 | €12,853 | €14,832 | +€1,979 | +15.4% |
| Trade receivables | 40 | €2,560 | €2,353 | -€207 | -8.1% |
| Other amounts receivable | 41 | €10,293 | €12,479 | +€2,186 | +21.2% |
| Cash at bank and in hand | 54/58 | €265,129 | €313,731 | +€48,603 | +18.3% |
| Deferred charges and accrued income | 490/1 | €14,099 | €11,800 | -€2,299 | -16.3% |
| Total equity and liabilities | 10/49 | €401,286 | €439,239 | +€37,953 | +9.5% |
| Equity | 10/15 | -€279,493 | -€274,096 | +€5,398 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€298,093 | -€292,696 | +€5,398 | +1.8% |
| Amounts payable | 17/49 | €680,779 | €713,334 | +€32,555 | +4.8% |
| Amounts payable within one year | 42/48 | €680,779 | €713,334 | +€32,555 | +4.8% |
| Trade debts | 44 | €88,326 | €89,874 | +€1,548 | +1.8% |
| Suppliers | 440/4 | €88,326 | €89,874 | +€1,548 | +1.8% |
| Taxes, remuneration and social security | 45 | €50,784 | €69,604 | +€18,819 | +37.1% |
| Taxes | 450/3 | €4,801 | €5,621 | +€821 | +17.1% |
| Remuneration and social security | 454/9 | €45,984 | €63,982 | +€17,999 | +39.1% |
| Other amounts payable | 47/48 | €541,669 | €553,856 | +€12,188 | +2.3% |
| Remuneration, social security and pensions | 62 | €494,418 | €532,095 | +€37,677 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,135 | €22,183 | -€2,952 | -11.7% |
| Other operating charges | 640/8 | €583 | €583 | = | 0.0% |
| Gross operating margin | 9900 | €584,567 | €582,090 | -€2,477 | -0.4% |
| Operating profit (loss) | 9901 | €64,430 | €27,229 | -€37,201 | -57.7% |
| Financial income | 75/76B | €3,322 | - | -€3,322 | |
| Recurring financial income | 75 | €3,322 | - | -€3,322 | |
| Financial charges | 65/66B | €19,050 | €21,831 | +€2,781 | +14.6% |
| Recurring financial charges | 65 | €19,050 | €21,831 | +€2,781 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €48,702 | €5,398 | -€43,304 | -88.9% |
| Profit (loss) for the period | 9904 | €48,702 | €5,398 | -€43,304 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,702 | €5,398 | -€43,304 | -88.9% |
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 10 October 2026 via checked.be.