JPBM RENOV: 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.
JPBM RENOV
Largest movements
- Cash +€48,123
up €48,123 (+250%), from €19,241 to €67,364
mainly Trade debts (+€40,360) and Tax, wage and social debts (+€16,124)
- Receivables within one year +€5,410
up €5,410 (+33.3%), from €16,229 to €21,638
of which Trade receivables: +€10,452
- Deferred charges and accrued income +€3,302
new in 2025: €3,302
- Tangible fixed assets +€1,796
up €1,796 (+122%), from €1,472 to €3,269
of which Furniture and vehicles: +€1,797
- Trade debts +€40,360
up €40,360 (+458%), from €8,809 to €49,170
- Tax, wage and social debts +€16,124
up €16,124 (+348%), from €4,637 to €20,760
of which Remuneration and social security: +€9,047
- Reserves +€1,282
up €1,282 (+8.2%), from €15,640 to €16,922
- Gross operating margin -€10,827
down €10,827 (-50.2%), from €21,566 to €10,740
- Depreciation -€4,253
down €4,253 (-59.7%), from €7,125 to €2,872
- Taxes -€1,078
down €1,078 (-23.2%), from €4,637 to €3,559
- Other operating charges +€402
up €402 (+20.3%), from €1,982 to €2,385
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 | €37,136 | €95,767 | +€58,631 | +158% |
| Fixed assets | 21/28 | €1,666 | €3,463 | +€1,796 | +108% |
| Tangible fixed assets | 22/27 | €1,472 | €3,269 | +€1,796 | +122% |
| Plant, machinery and equipment | 23 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €1,472 | €3,269 | +€1,797 | +122% |
| Financial fixed assets | 28 | €194 | €194 | = | 0.0% |
| Current assets | 29/58 | €35,469 | €92,305 | +€56,835 | +160% |
| Amounts receivable within one year | 40/41 | €16,229 | €21,638 | +€5,410 | +33.3% |
| Trade receivables | 40 | €1,416 | €11,868 | +€10,452 | +738% |
| Other amounts receivable | 41 | €14,813 | €9,770 | -€5,042 | -34.0% |
| Cash at bank and in hand | 54/58 | €19,241 | €67,364 | +€48,123 | +250% |
| Deferred charges and accrued income | 490/1 | - | €3,302 | +€3,302 | |
| Total equity and liabilities | 10/49 | €37,136 | €95,767 | +€58,631 | +158% |
| Equity | 10/15 | €19,505 | €20,801 | +€1,297 | +6.6% |
| Contributions | 10/11 | €20,004 | €20,004 | = | 0.0% |
| Reserves | 13 | €15,640 | €16,922 | +€1,282 | +8.2% |
| Distributable reserves | 133 | €15,640 | €16,922 | +€1,282 | +8.2% |
| Profit (loss) carried forward | 14 | -€16,139 | -€16,124 | +€14 | +0.1% |
| Amounts payable | 17/49 | €17,631 | €74,966 | +€57,335 | +325% |
| Amounts payable within one year | 42/48 | €17,631 | €74,966 | +€57,335 | +325% |
| Trade debts | 44 | €8,809 | €49,170 | +€40,360 | +458% |
| Suppliers | 440/4 | €8,809 | €49,170 | +€40,360 | +458% |
| Taxes, remuneration and social security | 45 | €4,637 | €20,760 | +€16,124 | +348% |
| Taxes | 450/3 | €4,637 | €11,713 | +€7,077 | +153% |
| Remuneration and social security | 454/9 | - | €9,047 | +€9,047 | |
| Other amounts payable | 47/48 | €4,185 | €5,036 | +€851 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,125 | €2,872 | -€4,253 | -59.7% |
| Other operating charges | 640/8 | €1,982 | €2,385 | +€402 | +20.3% |
| Non-recurring operating charges | 66A | - | €361 | +€361 | |
| Gross operating margin | 9900 | €21,566 | €10,740 | -€10,827 | -50.2% |
| Operating profit (loss) | 9901 | €12,459 | €5,122 | -€7,337 | -58.9% |
| Financial income | 75/76B | €24 | €0 | -€24 | -98.0% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -98.0% |
| Financial charges | 65/66B | €167 | €267 | +€100 | +59.9% |
| Recurring financial charges | 65 | €167 | €267 | +€100 | +59.9% |
| Profit (loss) for the period before taxes | 9903 | €12,316 | €4,856 | -€7,461 | -60.6% |
| Income taxes | 67/77 | €4,637 | €3,559 | -€1,078 | -23.2% |
| Profit (loss) for the period | 9904 | €7,680 | €1,297 | -€6,383 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,680 | €1,297 | -€6,383 | -83.1% |
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 28 October 2026 via checked.be.