J & L: what changed
Two fiscal 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.
J & L
Largest movements
- Cash -€4,189
down €4,189 (-5.3%), from €78,579 to €74,390
mainly Contributions, distributions and other (-€5,891) and Receivables within one year (-€1,405)
- Reserves -€6,931
down €6,931 (-5.1%), from €136,596 to €129,665
of which Distributable reserves: -€6,931
- Gross operating margin +€2,199
up €2,199, from -€1,887 to €312
- Taxes +€559
new in 2025: €559
- Depreciation -€200
down €200 (-100.0%), from €200 to €0
- Financial income -€81
down €81 (-15.2%), from €531 to €451
- Financial charges -€49
down €49 (-53.8%), from €91 to €42
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 | €307,899 | €304,064 | -€3,835 | -1.2% |
| Fixed assets | 21/28 | €214,329 | €214,329 | = | 0.0% |
| Tangible fixed assets | 22/27 | €214,329 | €214,329 | = | 0.0% |
| Land and buildings | 22 | €214,329 | €214,329 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €93,569 | €89,735 | -€3,835 | -4.1% |
| Amounts receivable within one year | 40/41 | €13,752 | €15,156 | +€1,405 | +10.2% |
| Trade receivables | 40 | €7,085 | €8,527 | +€1,442 | +20.4% |
| Other amounts receivable | 41 | €6,666 | €6,629 | -€37 | -0.6% |
| Cash at bank and in hand | 54/58 | €78,579 | €74,390 | -€4,189 | -5.3% |
| Deferred charges and accrued income | 490/1 | €1,239 | €188 | -€1,051 | -84.8% |
| Total equity and liabilities | 10/49 | €307,899 | €304,064 | -€3,835 | -1.2% |
| Equity | 10/15 | €305,596 | €298,665 | -€6,931 | -2.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Revaluation surpluses | 12 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €136,596 | €129,665 | -€6,931 | -5.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €136,596 | €129,665 | -€6,931 | -5.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,303 | €5,399 | +€3,096 | +134.5% |
| Amounts payable within one year | 42/48 | €1,910 | €4,261 | +€2,351 | +123.1% |
| Trade debts | 44 | €1,910 | €2,021 | +€112 | +5.8% |
| Suppliers | 440/4 | €1,910 | €2,021 | +€112 | +5.8% |
| Advances received on contracts in progress | 46 | - | €1,815 | +€1,815 | |
| Taxes, remuneration and social security | 45 | - | €425 | +€425 | |
| Taxes | 450/3 | - | €425 | +€425 | |
| Accrued charges and deferred income | 492/3 | €393 | €1,138 | +€745 | +189.7% |
| Non-recurring operating income | 76A | €83 | €0 | -€83 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €0 | -€200 | -100.0% |
| Other operating charges | 640/8 | €1,202 | €1,202 | -€0 | 0.0% |
| Gross operating margin | 9900 | -€1,887 | €312 | +€2,199 | |
| Operating profit (loss) | 9901 | -€3,289 | -€890 | +€2,399 | +72.9% |
| Financial income | 75/76B | €531 | €451 | -€81 | -15.2% |
| Recurring financial income | 75 | €531 | €451 | -€81 | -15.2% |
| Financial charges | 65/66B | €91 | €42 | -€49 | -53.8% |
| Recurring financial charges | 65 | €91 | €42 | -€49 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,849 | -€481 | +€2,368 | +83.1% |
| Income taxes | 67/77 | - | €559 | +€559 | |
| Profit (loss) for the period | 9904 | -€2,849 | -€1,040 | +€1,809 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,849 | -€1,040 | +€1,809 | +63.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.