J.L.K.: 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.
J.L.K.
Largest movements
- Tangible fixed assets -€12,124
down €12,124 (-38.1%), from €31,801 to €19,676
- Cash -€3,024
down €3,024 (-29.1%), from €10,375 to €7,352
mainly Contributions, distributions and other (-€20,349) and Debts after one year (-€4,345)
- Reserves -€20,349
down €20,349 (-26.5%), from €76,729 to €56,380
of which Distributable reserves: -€20,349
- Tax, wage and social debts +€5,313
up €5,313 (+128%), from €4,143 to €9,456
- Other debts +€5,000
new in 2025: €5,000
- Debts after one year -€4,345
no longer reported in 2025 (was €4,345)
- Trade debts +€3,348
up €3,348 (+44.0%), from €7,606 to €10,954
- Turnover +€11,887
up €11,887 (+7.1%), from €166,501 to €178,388
- Purchases and services +€9,889
up €9,889 (+6.7%), from €148,601 to €158,490
- Taxes +€3,730
up €3,730 (+104%), from €3,578 to €7,309
- Staff costs -€2,762
down €2,762 (-64.3%), from €4,297 to €1,535
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 | €115,142 | €99,788 | -€15,354 | -13.3% |
| Fixed assets | 21/28 | €31,851 | €19,726 | -€12,124 | -38.1% |
| Tangible fixed assets | 22/27 | €31,801 | €19,676 | -€12,124 | -38.1% |
| Plant, machinery and equipment | 23 | €6,640 | €4,489 | -€2,152 | -32.4% |
| Furniture and vehicles | 24 | €10,282 | €5,654 | -€4,627 | -45.0% |
| Leasing and similar rights | 25 | €14,878 | €9,533 | -€5,345 | -35.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €83,291 | €80,062 | -€3,230 | -3.9% |
| Stocks and contracts in progress | 3 | €10,350 | €10,350 | = | 0.0% |
| Stocks | 30/36 | €10,350 | €10,350 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €62,566 | €62,360 | -€206 | -0.3% |
| Trade receivables | 40 | €34,426 | €50,566 | +€16,141 | +46.9% |
| Other amounts receivable | 41 | €28,140 | €11,793 | -€16,347 | -58.1% |
| Cash at bank and in hand | 54/58 | €10,375 | €7,352 | -€3,024 | -29.1% |
| Total equity and liabilities | 10/49 | €115,142 | €99,788 | -€15,354 | -13.3% |
| Equity | 10/15 | €89,675 | €68,753 | -€20,922 | -23.3% |
| Reserves | 13 | €76,729 | €56,380 | -€20,349 | -26.5% |
| Tax-exempt reserves | 132 | €34,000 | €34,000 | = | 0.0% |
| Distributable reserves | 133 | €42,729 | €22,380 | -€20,349 | -47.6% |
| Profit (loss) carried forward | 14 | €12,947 | €12,373 | -€573 | -4.4% |
| Amounts payable | 17/49 | €25,466 | €31,034 | +€5,568 | +21.9% |
| Amounts payable after more than one year | 17 | €4,345 | - | -€4,345 | |
| Financial debts | 170/4 | €4,345 | - | -€4,345 | |
| Amounts payable within one year | 42/48 | €21,121 | €31,034 | +€9,913 | +46.9% |
| Current portion of amounts payable after more than one year | 42 | €7,250 | €5,625 | -€1,625 | -22.4% |
| Financial debts | 43 | €2,122 | - | -€2,122 | |
| Credit institutions | 430/8 | €2,122 | - | -€2,122 | |
| Trade debts | 44 | €7,606 | €10,954 | +€3,348 | +44.0% |
| Suppliers | 440/4 | €7,606 | €10,954 | +€3,348 | +44.0% |
| Taxes, remuneration and social security | 45 | €4,143 | €9,456 | +€5,313 | +128% |
| Taxes | 450/3 | €4,143 | €9,456 | +€5,313 | +128% |
| Other amounts payable | 47/48 | - | €5,000 | +€5,000 | |
| Turnover | 70 | €166,501 | €178,388 | +€11,887 | +7.1% |
| Non-recurring operating income | 76A | €5,283 | €2,939 | -€2,344 | -44.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €148,601 | €158,490 | +€9,889 | +6.7% |
| Remuneration, social security and pensions | 62 | €4,297 | €1,535 | -€2,762 | -64.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,124 | €12,124 | = | 0.0% |
| Other operating charges | 640/8 | €983 | €1,716 | +€733 | +74.5% |
| Non-recurring operating charges | 66A | €657 | €186 | -€471 | -71.6% |
| Gross operating margin | 9900 | €23,183 | €22,838 | -€346 | -1.5% |
| Operating profit (loss) | 9901 | €5,122 | €7,276 | +€2,155 | +42.1% |
| Financial income | 75/76B | €1 | €1,238 | +€1,237 | +122,451% |
| Recurring financial income | 75 | €1 | €1,238 | +€1,237 | +122,451% |
| Financial charges | 65/66B | €857 | €1,778 | +€921 | +108% |
| Recurring financial charges | 65 | €857 | €1,778 | +€921 | +108% |
| Profit (loss) for the period before taxes | 9903 | €4,266 | €6,736 | +€2,470 | +57.9% |
| Income taxes | 67/77 | €3,578 | €7,309 | +€3,730 | +104% |
| Profit (loss) for the period | 9904 | €687 | -€573 | -€1,260 | |
| Profit (loss) for the period to be appropriated | 9905 | €687 | -€573 | -€1,260 |
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 18 October 2026 via checked.be.