JMBBW: 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.
JMBBW
Largest movements
- Cash -€15,953
down €15,953 (-13.7%), from €116,368 to €100,415
mainly Trade debts (-€208,082) and Other debts (-€55,970)
- Receivables within one year +€14,039
up €14,039 (+135.3%), from €10,372 to €24,411
of which Trade receivables: +€24,411
- Profit (loss) carried forward +€333,512
up €333,512 (+99.2%), from -€336,312 to -€2,800
- Trade debts -€208,082
down €208,082 (-98.6%), from €210,970 to €2,888
- Other debts -€55,970
down €55,970 (-77.8%), from €71,968 to €15,998
- Tax, wage and social debts -€38,199
down €38,199 (-89.5%), from €42,689 to €4,490
of which Remuneration and social security: -€42,689
- Debts after one year -€33,514
down €33,514 (-17.6%), from €190,713 to €157,199
- Gross operating margin +€385,683
up €385,683, from -€27,151 to €358,532
- Provisions +€102,000
no longer reported in 2025 (was -€102,000)
- Financial charges -€6,231
down €6,231 (-39.0%), from €15,985 to €9,754
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 | €861,554 | €859,274 | -€2,280 | -0.3% |
| Fixed assets | 21/28 | €731,945 | €731,560 | -€385 | -0.1% |
| Tangible fixed assets | 22/27 | €731,945 | €731,560 | -€385 | -0.1% |
| Land and buildings | 22 | €731,250 | €731,250 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €695 | €310 | -€385 | -55.3% |
| Current assets | 29/58 | €129,609 | €127,714 | -€1,895 | -1.5% |
| Amounts receivable within one year | 40/41 | €10,372 | €24,411 | +€14,039 | +135.3% |
| Trade receivables | 40 | - | €24,411 | +€24,411 | |
| Other amounts receivable | 41 | €10,372 | €0 | -€10,372 | -100.0% |
| Cash at bank and in hand | 54/58 | €116,368 | €100,415 | -€15,953 | -13.7% |
| Deferred charges and accrued income | 490/1 | €2,869 | €2,888 | +€19 | +0.7% |
| Total equity and liabilities | 10/49 | €861,554 | €859,274 | -€2,280 | -0.3% |
| Equity | 10/15 | €308,673 | €642,185 | +€333,512 | +108.0% |
| Contributions | 10/11 | €29,750 | €29,750 | = | 0.0% |
| Revaluation surpluses | 12 | €612,261 | €612,261 | = | 0.0% |
| Reserves | 13 | €2,975 | €2,975 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,975 | €2,975 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,975 | €2,975 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€336,312 | -€2,800 | +€333,512 | +99.2% |
| Investment grants | 15 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €552,880 | €217,089 | -€335,792 | -60.7% |
| Amounts payable after more than one year | 17 | €190,713 | €157,199 | -€33,514 | -17.6% |
| Financial debts | 170/4 | €190,713 | €157,199 | -€33,514 | -17.6% |
| Amounts payable within one year | 42/48 | €362,168 | €56,889 | -€305,278 | -84.3% |
| Current portion of amounts payable after more than one year | 42 | €35,481 | €33,514 | -€1,967 | -5.5% |
| Trade debts | 44 | €210,970 | €2,888 | -€208,082 | -98.6% |
| Suppliers | 440/4 | €210,970 | €2,888 | -€208,082 | -98.6% |
| Advances received on contracts in progress | 46 | €1,060 | - | -€1,060 | |
| Taxes, remuneration and social security | 45 | €42,689 | €4,490 | -€38,199 | -89.5% |
| Taxes | 450/3 | €0 | €4,490 | +€4,490 | |
| Remuneration and social security | 454/9 | €42,689 | €0 | -€42,689 | -100.0% |
| Other amounts payable | 47/48 | €71,968 | €15,998 | -€55,970 | -77.8% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,322 | €385 | -€1,937 | -83.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€102,000 | - | +€102,000 | |
| Other operating charges | 640/8 | €12,445 | €15,733 | +€3,288 | +26.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€27,151 | €358,532 | +€385,683 | |
| Operating profit (loss) | 9901 | €60,083 | €342,415 | +€282,332 | +469.9% |
| Financial income | 75/76B | €790 | €665 | -€125 | -15.8% |
| Recurring financial income | 75 | €790 | €665 | -€125 | -15.8% |
| Financial charges | 65/66B | €15,985 | €9,754 | -€6,231 | -39.0% |
| Recurring financial charges | 65 | €15,985 | €9,754 | -€6,231 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €44,888 | €333,326 | +€288,438 | +642.6% |
| Income taxes | 67/77 | €236 | -€186 | -€422 | |
| Profit (loss) for the period | 9904 | €44,652 | €333,512 | +€288,860 | +646.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,652 | €333,512 | +€288,860 | +646.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.