JSB CONCEPT: 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.
JSB CONCEPT
Largest movements
- Receivables within one year -€6,875
down €6,875 (-47.0%), from €14,642 to €7,766
of which Trade receivables: -€8,597
- Tangible fixed assets -€973
down €973 (-19.4%), from €5,018 to €4,045
- Deferred charges and accrued income -€681
down €681 (-36.3%), from €1,874 to €1,193
- Cash -€397
down €397 (-13.6%), from €2,924 to €2,527
mainly Debts after one year (-€5,431) and Net result for the year (-€3,799)
- Debts after one year -€5,431
down €5,431 (-27.0%), from €20,104 to €14,673
- Profit (loss) carried forward -€3,799
down €3,799 (-10.2%), from -€37,378 to -€41,178
- Turnover -€47,368
down €47,368 (-76.9%), from €61,595 to €14,228
- Gross operating margin -€31,197
down €31,197, from €29,478 to -€1,719
- Purchases and services -€16,171
down €16,171 (-50.3%), from €32,117 to €15,947
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 | €24,541 | €15,615 | -€8,927 | -36.4% |
| Fixed assets | 21/28 | €5,101 | €4,128 | -€973 | -19.1% |
| Tangible fixed assets | 22/27 | €5,018 | €4,045 | -€973 | -19.4% |
| Furniture and vehicles | 24 | €5,018 | €4,045 | -€973 | -19.4% |
| Financial fixed assets | 28 | €83 | €83 | = | 0.0% |
| Current assets | 29/58 | €19,440 | €11,487 | -€7,954 | -40.9% |
| Amounts receivable within one year | 40/41 | €14,642 | €7,766 | -€6,875 | -47.0% |
| Trade receivables | 40 | €14,042 | €5,445 | -€8,597 | -61.2% |
| Other amounts receivable | 41 | €599 | €2,321 | +€1,722 | +287.4% |
| Cash at bank and in hand | 54/58 | €2,924 | €2,527 | -€397 | -13.6% |
| Deferred charges and accrued income | 490/1 | €1,874 | €1,193 | -€681 | -36.3% |
| Total equity and liabilities | 10/49 | €24,541 | €15,615 | -€8,927 | -36.4% |
| Equity | 10/15 | -€15,378 | -€19,178 | -€3,799 | -24.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Other | 1319 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,378 | -€41,178 | -€3,799 | -10.2% |
| Amounts payable | 17/49 | €39,920 | €34,792 | -€5,127 | -12.8% |
| Amounts payable after more than one year | 17 | €20,104 | €14,673 | -€5,431 | -27.0% |
| Financial debts | 170/4 | €20,104 | €14,673 | -€5,431 | -27.0% |
| Amounts payable within one year | 42/48 | €19,605 | €19,812 | +€207 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €5,115 | €5,251 | +€136 | +2.7% |
| Trade debts | 44 | €226 | €297 | +€71 | +31.2% |
| Suppliers | 440/4 | €226 | €297 | +€71 | +31.2% |
| Taxes, remuneration and social security | 45 | €360 | €360 | = | 0.0% |
| Remuneration and social security | 454/9 | €360 | €360 | = | 0.0% |
| Other amounts payable | 47/48 | €13,904 | €13,904 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €211 | €308 | +€97 | +46.1% |
| Turnover | 70 | €61,595 | €14,228 | -€47,368 | -76.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,117 | €15,947 | -€16,171 | -50.3% |
| Remuneration, social security and pensions | 62 | - | €103 | +€103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €973 | €973 | = | 0.0% |
| Other operating charges | 640/8 | €74 | €67 | -€7 | -8.9% |
| Gross operating margin | 9900 | €29,478 | -€1,719 | -€31,197 | |
| Operating profit (loss) | 9901 | €28,431 | -€2,862 | -€31,294 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,297 | €937 | -€360 | -27.7% |
| Recurring financial charges | 65 | €1,297 | €937 | -€360 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €27,135 | -€3,799 | -€30,934 | |
| Profit (loss) for the period | 9904 | €27,135 | -€3,799 | -€30,934 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,135 | -€3,799 | -€30,934 |
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 12 October 2026 via checked.be.