GROEP JL PROJECTS: 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.
GROEP JL PROJECTS
Largest movements
- Tangible fixed assets -€10,844
down €10,844 (-50.3%), from €21,539 to €10,695
- Receivables within one year +€6,685
up €6,685 (+4.2%), from €159,045 to €165,730
of which Trade receivables: +€11,310
- Profit (loss) carried forward -€31,632
down €31,632 (-69.4%), from -€45,562 to -€77,194
- Other debts +€24,196
up €24,196 (+16.6%), from €145,337 to €169,532
- Gross operating margin +€10,378
up €10,378 (+38.8%), from -€26,766 to -€16,388
- Other operating charges +€2,687
up €2,687 (+446%), from €602 to €3,290
- Financial charges +€2,299
up €2,299 (+34.8%), from €6,607 to €8,906
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 | €235,214 | €230,573 | -€4,642 | -2.0% |
| Fixed assets | 21/28 | €71,539 | €60,695 | -€10,844 | -15.2% |
| Tangible fixed assets | 22/27 | €21,539 | €10,695 | -€10,844 | -50.3% |
| Furniture and vehicles | 24 | €21,539 | €10,695 | -€10,844 | -50.3% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €163,676 | €169,878 | +€6,202 | +3.8% |
| Amounts receivable within one year | 40/41 | €159,045 | €165,730 | +€6,685 | +4.2% |
| Trade receivables | 40 | €2,196 | €13,506 | +€11,310 | +515% |
| Other amounts receivable | 41 | €156,849 | €152,224 | -€4,626 | -2.9% |
| Cash at bank and in hand | 54/58 | €2,353 | €361 | -€1,992 | -84.7% |
| Deferred charges and accrued income | 490/1 | €2,278 | €3,787 | +€1,509 | +66.2% |
| Total equity and liabilities | 10/49 | €235,214 | €230,573 | -€4,642 | -2.0% |
| Equity | 10/15 | €89,095 | €57,463 | -€31,632 | -35.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €73,157 | €73,157 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €67,007 | €67,007 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,562 | -€77,194 | -€31,632 | -69.4% |
| Amounts payable | 17/49 | €146,119 | €173,110 | +€26,991 | +18.5% |
| Amounts payable within one year | 42/48 | €146,119 | €173,110 | +€26,991 | +18.5% |
| Trade debts | 44 | €148 | €646 | +€498 | +338% |
| Suppliers | 440/4 | €148 | €646 | +€498 | +338% |
| Taxes, remuneration and social security | 45 | €635 | €2,932 | +€2,296 | +362% |
| Taxes | 450/3 | €635 | €2,932 | +€2,296 | +362% |
| Other amounts payable | 47/48 | €145,337 | €169,532 | +€24,196 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,844 | €10,844 | = | 0.0% |
| Other operating charges | 640/8 | €602 | €3,290 | +€2,687 | +446% |
| Gross operating margin | 9900 | -€26,766 | -€16,388 | +€10,378 | +38.8% |
| Operating profit (loss) | 9901 | -€38,212 | -€30,521 | +€7,691 | +20.1% |
| Financial income | 75/76B | €8,290 | €8,374 | +€84 | +1.0% |
| Recurring financial income | 75 | €8,290 | €8,374 | +€84 | +1.0% |
| Financial charges | 65/66B | €6,607 | €8,906 | +€2,299 | +34.8% |
| Recurring financial charges | 65 | €6,607 | €8,906 | +€2,299 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | -€36,529 | -€31,052 | +€5,476 | +15.0% |
| Income taxes | 67/77 | €664 | €580 | -€84 | -12.7% |
| Profit (loss) for the period | 9904 | -€37,193 | -€31,632 | +€5,561 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,193 | -€31,632 | +€5,561 | +15.0% |
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 24 October 2026 via checked.be.