JB Projects: what changed
JB Projects
Largest movements
- Receivables within one year -€20,411
down €20,411 (-35.9%), from €56,881 to €36,470
of which Other amounts receivable: -€11,110
- Cash +€11,297
up €11,297 (+315%), from €3,588 to €14,886
mainly Receivables within one year (+€20,411) and Net result for the year (+€10,240)
- Tangible fixed assets -€6,917
down €6,917 (-46.9%), from €14,750 to €7,833
of which Furniture and vehicles: -€6,582
- Financial fixed assets -€1,500
down €1,500 (-100%), from €1,500 to €0
- Deferred charges and accrued income -€934
down €934 (-47.4%), from €1,972 to €1,038
- Other debts -€32,250
down €32,250 (-100%), from €32,250 to €0
- Reserves +€10,240
up €10,240 (+38.4%), from €26,638 to €36,879
- Tax, wage and social debts +€6,293
up €6,293 (+40.4%), from €15,563 to €21,856
- Trade debts -€2,748
down €2,748 (-64.8%), from €4,240 to €1,491
- Gross operating margin +€8,391
up €8,391 (+47.7%), from €17,574 to €25,965
- Taxes +€3,606
up €3,606 (+64.6%), from €5,585 to €9,190
- Depreciation -€1,346
down €1,346 (-16.3%), from €8,263 to €6,917
- Financial income -€589
down €589 (-29.1%), from €2,023 to €1,434
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,692 | €60,227 | -€18,465 | -23.5% |
| Fixed assets | 21/28 | €16,250 | €7,833 | -€8,417 | -51.8% |
| Tangible fixed assets | 22/27 | €14,750 | €7,833 | -€6,917 | -46.9% |
| Furniture and vehicles | 24 | €12,469 | €5,887 | -€6,582 | -52.8% |
| Other tangible fixed assets | 26 | €2,282 | €1,947 | -€335 | -14.7% |
| Financial fixed assets | 28 | €1,500 | €0 | -€1,500 | -100% |
| Current assets | 29/58 | €62,442 | €52,394 | -€10,048 | -16.1% |
| Amounts receivable within one year | 40/41 | €56,881 | €36,470 | -€20,411 | -35.9% |
| Trade receivables | 40 | €18,424 | €9,122 | -€9,302 | -50.5% |
| Other amounts receivable | 41 | €38,458 | €27,348 | -€11,110 | -28.9% |
| Cash at bank and in hand | 54/58 | €3,588 | €14,886 | +€11,297 | +315% |
| Deferred charges and accrued income | 490/1 | €1,972 | €1,038 | -€934 | -47.4% |
| Total equity and liabilities | 10/49 | €78,692 | €60,227 | -€18,465 | -23.5% |
| Equity | 10/15 | €26,639 | €36,880 | +€10,240 | +38.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €26,638 | €36,879 | +€10,240 | +38.4% |
| Distributable reserves | 133 | €26,638 | €36,879 | +€10,240 | +38.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,053 | €23,348 | -€28,706 | -55.1% |
| Amounts payable within one year | 42/48 | €52,053 | €23,348 | -€28,706 | -55.1% |
| Trade debts | 44 | €4,240 | €1,491 | -€2,748 | -64.8% |
| Suppliers | 440/4 | €4,240 | €1,491 | -€2,748 | -64.8% |
| Taxes, remuneration and social security | 45 | €15,563 | €21,856 | +€6,293 | +40.4% |
| Taxes | 450/3 | €15,563 | €21,856 | +€6,293 | +40.4% |
| Other amounts payable | 47/48 | €32,250 | €0 | -€32,250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,263 | €6,917 | -€1,346 | -16.3% |
| Other operating charges | 640/8 | €846 | €912 | +€66 | +7.8% |
| Gross operating margin | 9900 | €17,574 | €25,965 | +€8,391 | +47.7% |
| Operating profit (loss) | 9901 | €8,465 | €18,136 | +€9,671 | +114% |
| Financial income | 75/76B | €2,023 | €1,434 | -€589 | -29.1% |
| Recurring financial income | 75 | €2,023 | €1,434 | -€589 | -29.1% |
| Financial charges | 65/66B | €249 | €140 | -€110 | -44.0% |
| Recurring financial charges | 65 | €249 | €140 | -€110 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €10,239 | €19,431 | +€9,192 | +89.8% |
| Income taxes | 67/77 | €5,585 | €9,190 | +€3,606 | +64.6% |
| Profit (loss) for the period | 9904 | €4,654 | €10,240 | +€5,586 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €4,654 | €10,240 | +€5,586 | +120% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.