JSB MEDICAL: 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 MEDICAL
Largest movements
- Cash +€21,976
up €21,976 (+44.3%), from €49,552 to €71,529
mainly Net result for the year (+€18,592) and Debts after one year (+€18,130)
- Tangible fixed assets +€16,643
up €16,643 (+91.4%), from €18,203 to €34,845
of which Plant, machinery and equipment: +€21,287
- Current investments +€11,000
new in 2025: €11,000
- Receivables within one year -€4,198
down €4,198 (-41.9%), from €10,013 to €5,815
of which Trade receivables: -€2,287
- Deferred charges and accrued income -€2,847
down €2,847 (-15.3%), from €18,648 to €15,801
- Profit (loss) carried forward +€18,592
up €18,592 (+26.8%), from €69,432 to €88,025
- Debts after one year +€18,130
new in 2025: €18,130
- Tax, wage and social debts +€9,886
up €9,886 (+65.7%), from €15,040 to €24,925
of which Taxes: +€7,036
- Other debts -€8,000
no longer reported in 2025 (was €8,000)
- Current portion of long-term debt +€2,895
new in 2025: €2,895
- Gross operating margin -€32,922
down €32,922 (-50.2%), from €65,534 to €32,612
- Taxes -€7,508
down €7,508 (-60.8%), from €12,341 to €4,834
- Depreciation +€3,590
up €3,590 (+75.8%), from €4,734 to €8,324
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 | €96,416 | €140,766 | +€44,350 | +46.0% |
| Fixed assets | 21/28 | €18,203 | €36,621 | +€18,419 | +101% |
| Intangible fixed assets | 21 | - | €1,526 | +€1,526 | |
| Tangible fixed assets | 22/27 | €18,203 | €34,845 | +€16,643 | +91.4% |
| Plant, machinery and equipment | 23 | €2,367 | €23,654 | +€21,287 | +899% |
| Furniture and vehicles | 24 | €15,835 | €11,191 | -€4,644 | -29.3% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €78,213 | €104,144 | +€25,931 | +33.2% |
| Amounts receivable within one year | 40/41 | €10,013 | €5,815 | -€4,198 | -41.9% |
| Trade receivables | 40 | €4,468 | €2,181 | -€2,287 | -51.2% |
| Other amounts receivable | 41 | €5,545 | €3,634 | -€1,912 | -34.5% |
| Current investments | 50/53 | - | €11,000 | +€11,000 | |
| Cash at bank and in hand | 54/58 | €49,552 | €71,529 | +€21,976 | +44.3% |
| Deferred charges and accrued income | 490/1 | €18,648 | €15,801 | -€2,847 | -15.3% |
| Total equity and liabilities | 10/49 | €96,416 | €140,766 | +€44,350 | +46.0% |
| Equity | 10/15 | €71,432 | €90,025 | +€18,592 | +26.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,432 | €88,025 | +€18,592 | +26.8% |
| Amounts payable | 17/49 | €24,984 | €50,741 | +€25,757 | +103% |
| Amounts payable after more than one year | 17 | - | €18,130 | +€18,130 | |
| Financial debts | 170/4 | - | €18,130 | +€18,130 | |
| Amounts payable within one year | 42/48 | €24,984 | €32,611 | +€7,627 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | - | €2,895 | +€2,895 | |
| Trade debts | 44 | €1,944 | €4,791 | +€2,847 | +146% |
| Suppliers | 440/4 | €1,944 | €4,791 | +€2,847 | +146% |
| Taxes, remuneration and social security | 45 | €15,040 | €24,925 | +€9,886 | +65.7% |
| Taxes | 450/3 | €15,040 | €22,075 | +€7,036 | +46.8% |
| Remuneration and social security | 454/9 | - | €2,850 | +€2,850 | |
| Other amounts payable | 47/48 | €8,000 | - | -€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,734 | €8,324 | +€3,590 | +75.8% |
| Other operating charges | 640/8 | €550 | €797 | +€247 | +45.0% |
| Gross operating margin | 9900 | €65,534 | €32,612 | -€32,922 | -50.2% |
| Operating profit (loss) | 9901 | €60,250 | €23,491 | -€36,759 | -61.0% |
| Financial income | 75/76B | €169 | €517 | +€348 | +205% |
| Recurring financial income | 75 | €169 | €517 | +€348 | +205% |
| Financial charges | 65/66B | €45 | €582 | +€536 | +1,178% |
| Recurring financial charges | 65 | €45 | €582 | +€536 | +1,178% |
| Profit (loss) for the period before taxes | 9903 | €60,374 | €23,426 | -€36,947 | -61.2% |
| Income taxes | 67/77 | €12,341 | €4,834 | -€7,508 | -60.8% |
| Profit (loss) for the period | 9904 | €48,032 | €18,592 | -€29,440 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,032 | €18,592 | -€29,440 | -61.3% |
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 26 October 2026 via checked.be.