JNCB: 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.
JNCB
Largest movements
- Cash +€3,745
up €3,745 (+36.3%), from €10,312 to €14,057
mainly Net result for the year (+€32,103) and Depreciation (+€1,357)
- Tangible fixed assets -€1,357
down €1,357 (-27.9%), from €4,865 to €3,508
of which Furniture and vehicles: -€825
- Profit (loss) carried forward +€32,103
up €32,103 (+29.0%), from -€110,779 to -€78,676
- Other debts -€30,060
down €30,060 (-57.8%), from €52,015 to €21,956
- Trade debts +€482
up €482 (+62.7%), from €767 to €1,249
- Gross operating margin +€5,441
up €5,441 (+18.5%), from €29,471 to €34,911
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 | €16,065 | €18,453 | +€2,388 | +14.9% |
| Fixed assets | 21/28 | €4,922 | €3,565 | -€1,357 | -27.6% |
| Tangible fixed assets | 22/27 | €4,865 | €3,508 | -€1,357 | -27.9% |
| Furniture and vehicles | 24 | €1,859 | €1,034 | -€825 | -44.4% |
| Other tangible fixed assets | 26 | €3,006 | €2,473 | -€533 | -17.7% |
| Financial fixed assets | 28 | €57 | €57 | = | 0.0% |
| Current assets | 29/58 | €11,142 | €14,888 | +€3,745 | +33.6% |
| Cash at bank and in hand | 54/58 | €10,312 | €14,057 | +€3,745 | +36.3% |
| Deferred charges and accrued income | 490/1 | €831 | €831 | = | 0.0% |
| Total equity and liabilities | 10/49 | €16,065 | €18,453 | +€2,388 | +14.9% |
| Equity | 10/15 | -€42,579 | -€10,476 | +€32,103 | +75.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€110,779 | -€78,676 | +€32,103 | +29.0% |
| Amounts payable | 17/49 | €58,643 | €28,928 | -€29,715 | -50.7% |
| Amounts payable within one year | 42/48 | €58,643 | €28,928 | -€29,715 | -50.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €767 | €1,249 | +€482 | +62.7% |
| Suppliers | 440/4 | €767 | €1,249 | +€482 | +62.7% |
| Taxes, remuneration and social security | 45 | €5,860 | €5,723 | -€137 | -2.3% |
| Taxes | 450/3 | €5,860 | €5,723 | -€137 | -2.3% |
| Other amounts payable | 47/48 | €52,015 | €21,956 | -€30,060 | -57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,148 | €1,357 | +€210 | +18.3% |
| Other operating charges | 640/8 | €1,133 | €975 | -€158 | -13.9% |
| Gross operating margin | 9900 | €29,471 | €34,911 | +€5,441 | +18.5% |
| Operating profit (loss) | 9901 | €27,190 | €32,579 | +€5,389 | +19.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €209 | €173 | -€36 | -17.2% |
| Recurring financial charges | 65 | €209 | €173 | -€36 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €26,981 | €32,406 | +€5,425 | +20.1% |
| Income taxes | 67/77 | €296 | €303 | +€6 | +2.2% |
| Profit (loss) for the period | 9904 | €26,685 | €32,103 | +€5,418 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,685 | €32,103 | +€5,418 | +20.3% |
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 30 September 2026 via checked.be.