JORBE: 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.
JORBE
Largest movements
- Receivables within one year +€902,260
new in 2025: €902,260
of which Trade receivables: +€458,942
- Receivables after one year -€792,718
no longer reported in 2025 (was €792,718)
- Cash +€211,363
up €211,363 (+151.4%), from €139,598 to €350,961
mainly Receivables after one year (+€792,718) and Net result for the year (+€541,036)
- Other debts +€380,815
up €380,815 (+8.8%), from €4.3m to €4.7m
- Tax, wage and social debts -€75,329
down €75,329 (-22.6%), from €332,621 to €257,292
No income-statement line moved by more than 1% of the activity.
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 | €4,706,590 | €5,022,695 | +€316,105 | +6.7% |
| Fixed assets | 21/28 | €3,774,274 | €3,768,599 | -€5,675 | -0.2% |
| Tangible fixed assets | 22/27 | €29,832 | €24,157 | -€5,675 | -19.0% |
| Other tangible fixed assets | 26 | €29,832 | €24,157 | -€5,675 | -19.0% |
| Financial fixed assets | 28 | €3,744,442 | €3,744,442 | = | 0.0% |
| Current assets | 29/58 | €932,316 | €1,254,096 | +€321,780 | +34.5% |
| Amounts receivable after more than one year | 29 | €792,718 | - | -€792,718 | |
| Other amounts receivable | 291 | €792,718 | - | -€792,718 | |
| Amounts receivable within one year | 40/41 | - | €902,260 | +€902,260 | |
| Trade receivables | 40 | - | €458,942 | +€458,942 | |
| Other amounts receivable | 41 | - | €443,318 | +€443,318 | |
| Cash at bank and in hand | 54/58 | €139,598 | €350,961 | +€211,363 | +151.4% |
| Deferred charges and accrued income | 490/1 | - | €875 | +€875 | |
| Total equity and liabilities | 10/49 | €4,706,590 | €5,022,695 | +€316,105 | +6.7% |
| Equity | 10/15 | €27,608 | €38,644 | +€11,036 | +40.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,148 | €18,184 | +€11,036 | +154.4% |
| Amounts payable | 17/49 | €4,678,982 | €4,984,051 | +€305,069 | +6.5% |
| Amounts payable within one year | 42/48 | €4,678,982 | €4,984,051 | +€305,069 | +6.5% |
| Trade debts | 44 | €1,618 | €1,201 | -€417 | -25.8% |
| Suppliers | 440/4 | €1,618 | €1,201 | -€417 | -25.8% |
| Taxes, remuneration and social security | 45 | €332,621 | €257,292 | -€75,329 | -22.6% |
| Taxes | 450/3 | €332,621 | €257,292 | -€75,329 | -22.6% |
| Other amounts payable | 47/48 | €4,344,743 | €4,725,558 | +€380,815 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,184 | €5,675 | -€509 | -8.2% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €723,876 | €724,467 | +€591 | +0.1% |
| Operating profit (loss) | 9901 | €717,574 | €718,672 | +€1,098 | +0.2% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €84 | €143 | +€59 | +70.2% |
| Recurring financial charges | 65 | €84 | €143 | +€59 | +70.2% |
| Profit (loss) for the period before taxes | 9903 | €717,492 | €718,529 | +€1,037 | +0.1% |
| Income taxes | 67/77 | €182,097 | €177,493 | -€4,604 | -2.5% |
| Profit (loss) for the period | 9904 | €535,395 | €541,036 | +€5,641 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €535,395 | €541,036 | +€5,641 | +1.1% |
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 9 October 2026 via checked.be.