JPB 79: 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.
JPB 79
Largest movements
- Cash +€19,873
up €19,873 (+31.2%), from €63,735 to €83,608
mainly Net result for the year (+€12,815) and Depreciation (+€4,410)
- Tangible fixed assets -€4,410
down €4,410 (-40.6%), from €10,872 to €6,462
- Stocks and contracts -€2,741
down €2,741 (-12.9%), from €21,239 to €18,499
- Reserves +€12,800
up €12,800 (+15.5%), from €82,560 to €95,360
- Other debts +€1,964
up €1,964 (+183%), from €1,072 to €3,036
- Gross operating margin -€3,582
down €3,582 (-13.2%), from €27,052 to €23,470
- Taxes -€1,162
down €1,162 (-16.2%), from €7,171 to €6,009
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.
Derived cash bridge
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 | €99,894 | €113,638 | +€13,744 | +13.8% |
| Fixed assets | 21/28 | €10,872 | €6,462 | -€4,410 | -40.6% |
| Tangible fixed assets | 22/27 | €10,872 | €6,462 | -€4,410 | -40.6% |
| Furniture and vehicles | 24 | €10,872 | €6,462 | -€4,410 | -40.6% |
| Current assets | 29/58 | €89,021 | €107,175 | +€18,154 | +20.4% |
| Stocks and contracts in progress | 3 | €21,239 | €18,499 | -€2,741 | -12.9% |
| Stocks | 30/36 | €21,239 | €18,499 | -€2,741 | -12.9% |
| Amounts receivable within one year | 40/41 | €3,388 | €4,403 | +€1,015 | +30.0% |
| Trade receivables | 40 | €3,388 | €4,403 | +€1,015 | +30.0% |
| Cash at bank and in hand | 54/58 | €63,735 | €83,608 | +€19,873 | +31.2% |
| Deferred charges and accrued income | 490/1 | €659 | €665 | +€6 | +1.0% |
| Total equity and liabilities | 10/49 | €99,894 | €113,638 | +€13,744 | +13.8% |
| Equity | 10/15 | €94,124 | €106,939 | +€12,815 | +13.6% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €82,560 | €95,360 | +€12,800 | +15.5% |
| Distributable reserves | 133 | €82,560 | €95,360 | +€12,800 | +15.5% |
| Profit (loss) carried forward | 14 | €364 | €379 | +€15 | +4.1% |
| Amounts payable | 17/49 | €5,769 | €6,698 | +€929 | +16.1% |
| Amounts payable within one year | 42/48 | €5,769 | €6,698 | +€929 | +16.1% |
| Trade debts | 44 | €146 | €150 | +€4 | +2.5% |
| Suppliers | 440/4 | €146 | €150 | +€4 | +2.5% |
| Taxes, remuneration and social security | 45 | €4,551 | €3,513 | -€1,038 | -22.8% |
| Taxes | 450/3 | €4,551 | €3,513 | -€1,038 | -22.8% |
| Other amounts payable | 47/48 | €1,072 | €3,036 | +€1,964 | +183% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,335 | €4,410 | +€74 | +1.7% |
| Other operating charges | 640/8 | €286 | €184 | -€102 | -35.6% |
| Gross operating margin | 9900 | €27,052 | €23,470 | -€3,582 | -13.2% |
| Operating profit (loss) | 9901 | €22,432 | €18,877 | -€3,555 | -15.8% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €59 | €55 | -€4 | -6.7% |
| Recurring financial charges | 65 | €59 | €55 | -€4 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €22,373 | €18,824 | -€3,549 | -15.9% |
| Income taxes | 67/77 | €7,171 | €6,009 | -€1,162 | -16.2% |
| Profit (loss) for the period | 9904 | €15,202 | €12,815 | -€2,387 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,202 | €12,815 | -€2,387 | -15.7% |
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 17 October 2026 via checked.be.