JOS DB: 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.
JOS DB
Largest movements
- Cash +€181,185
up €181,185 (+90.0%), from €201,391 to €382,577
mainly Net result for the year (+€162,101) and Tax, wage and social debts (+€37,229)
- Tangible fixed assets +€15,171
up €15,171 (+82.4%), from €18,401 to €33,571
of which Plant, machinery and equipment: +€10,849
- Reserves +€162,101
up €162,101 (+101.5%), from €159,701 to €321,803
- Tax, wage and social debts +€37,229
up €37,229 (+80.9%), from €46,010 to €83,239
of which Taxes: +€35,759
- Trade debts -€8,407
down €8,407 (-37.8%), from €22,245 to €13,837
- Staff costs -€6,964
down €6,964 (-11.9%), from €58,578 to €51,614
- Depreciation +€6,609
up €6,609 (+291.7%), from €2,266 to €8,875
- Gross operating margin +€5,942
up €5,942 (+2.0%), from €296,265 to €302,208
- Taxes +€3,238
up €3,238 (+4.7%), from €69,197 to €72,435
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 | €235,550 | €424,667 | +€189,116 | +80.3% |
| Fixed assets | 21/28 | €18,401 | €33,571 | +€15,171 | +82.4% |
| Tangible fixed assets | 22/27 | €18,401 | €33,571 | +€15,171 | +82.4% |
| Plant, machinery and equipment | 23 | €16,005 | €26,855 | +€10,849 | +67.8% |
| Furniture and vehicles | 24 | €2,396 | €1,326 | -€1,069 | -44.6% |
| Other tangible fixed assets | 26 | - | €5,390 | +€5,390 | |
| Current assets | 29/58 | €217,149 | €391,095 | +€173,946 | +80.1% |
| Stocks and contracts in progress | 3 | €9,500 | €6,000 | -€3,500 | -36.8% |
| Stocks | 30/36 | €9,500 | €6,000 | -€3,500 | -36.8% |
| Amounts receivable within one year | 40/41 | €2,140 | €1,461 | -€679 | -31.7% |
| Other amounts receivable | 41 | €2,140 | €1,461 | -€679 | -31.7% |
| Cash at bank and in hand | 54/58 | €201,391 | €382,577 | +€181,185 | +90.0% |
| Deferred charges and accrued income | 490/1 | €4,118 | €1,057 | -€3,061 | -74.3% |
| Total equity and liabilities | 10/49 | €235,550 | €424,667 | +€189,116 | +80.3% |
| Equity | 10/15 | €164,701 | €326,803 | +€162,101 | +98.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €159,701 | €321,803 | +€162,101 | +101.5% |
| Distributable reserves | 133 | €159,701 | €321,803 | +€162,101 | +101.5% |
| Amounts payable | 17/49 | €70,849 | €97,864 | +€27,015 | +38.1% |
| Amounts payable within one year | 42/48 | €69,921 | €97,802 | +€27,881 | +39.9% |
| Trade debts | 44 | €22,245 | €13,837 | -€8,407 | -37.8% |
| Suppliers | 440/4 | €22,245 | €13,837 | -€8,407 | -37.8% |
| Taxes, remuneration and social security | 45 | €46,010 | €83,239 | +€37,229 | +80.9% |
| Taxes | 450/3 | €34,808 | €70,567 | +€35,759 | +102.7% |
| Remuneration and social security | 454/9 | €11,203 | €12,673 | +€1,470 | +13.1% |
| Other amounts payable | 47/48 | €1,666 | €725 | -€941 | -56.5% |
| Accrued charges and deferred income | 492/3 | €928 | €62 | -€866 | -93.3% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Remuneration, social security and pensions | 62 | €58,578 | €51,614 | -€6,964 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,266 | €8,875 | +€6,609 | +291.7% |
| Other operating charges | 640/8 | €2,361 | €3,448 | +€1,086 | +46.0% |
| Gross operating margin | 9900 | €296,265 | €302,208 | +€5,942 | +2.0% |
| Operating profit (loss) | 9901 | €233,060 | €238,271 | +€5,211 | +2.2% |
| Financial income | 75/76B | €46 | €1 | -€45 | -98.0% |
| Recurring financial income | 75 | €46 | €1 | -€45 | -98.0% |
| Financial charges | 65/66B | €2,542 | €3,736 | +€1,194 | +47.0% |
| Recurring financial charges | 65 | €2,542 | €3,736 | +€1,194 | +47.0% |
| Profit (loss) for the period before taxes | 9903 | €230,564 | €234,536 | +€3,972 | +1.7% |
| Income taxes | 67/77 | €69,197 | €72,435 | +€3,238 | +4.7% |
| Profit (loss) for the period | 9904 | €161,367 | €162,101 | +€734 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €161,367 | €162,101 | +€734 | +0.5% |
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.