J&L Management: 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 Management
Largest movements
- Cash +€34,310
up €34,310 (+97.3%), from €35,266 to €69,577
mainly Net result for the year (+€69,808) and Depreciation (+€32,421)
- Receivables within one year +€23,905
up €23,905 (+80.2%), from €29,819 to €53,724
of which Trade receivables: +€24,926
- Tangible fixed assets -€20,614
down €20,614 (-7.1%), from €291,741 to €271,127
of which Furniture and vehicles: -€16,334
- Reserves +€64,500
up €64,500 (+118%), from €54,500 to €119,000
- Debts after one year -€21,449
down €21,449 (-11.3%), from €189,837 to €168,388
- Gross operating margin +€69,844
up €69,844 (+120%), from €58,278 to €128,123
- Taxes +€14,123
up €14,123 (+354%), from €3,995 to €18,118
- Depreciation +€1,833
up €1,833 (+6.0%), from €30,589 to €32,421
- Financial charges -€1,383
down €1,383 (-18.6%), from €7,450 to €6,067
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 | €360,142 | €396,130 | +€35,988 | +10.0% |
| Fixed assets | 21/28 | €291,741 | €271,127 | -€20,614 | -7.1% |
| Tangible fixed assets | 22/27 | €291,741 | €271,127 | -€20,614 | -7.1% |
| Land and buildings | 22 | €220,744 | €209,317 | -€11,428 | -5.2% |
| Plant, machinery and equipment | 23 | €11,734 | €18,882 | +€7,148 | +60.9% |
| Furniture and vehicles | 24 | €59,263 | €42,929 | -€16,334 | -27.6% |
| Current assets | 29/58 | €68,401 | €125,003 | +€56,602 | +82.7% |
| Amounts receivable within one year | 40/41 | €29,819 | €53,724 | +€23,905 | +80.2% |
| Trade receivables | 40 | €28,799 | €53,724 | +€24,926 | +86.6% |
| Other amounts receivable | 41 | €1,020 | €0 | -€1,020 | -100% |
| Cash at bank and in hand | 54/58 | €35,266 | €69,577 | +€34,310 | +97.3% |
| Deferred charges and accrued income | 490/1 | €3,316 | €1,702 | -€1,614 | -48.7% |
| Total equity and liabilities | 10/49 | €360,142 | €396,130 | +€35,988 | +10.0% |
| Equity | 10/15 | €59,399 | €123,989 | +€64,590 | +109% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €54,500 | €119,000 | +€64,500 | +118% |
| Distributable reserves | 133 | €54,500 | €119,000 | +€64,500 | +118% |
| Profit (loss) carried forward | 14 | €399 | €489 | +€90 | +22.6% |
| Amounts payable | 17/49 | €300,743 | €272,141 | -€28,602 | -9.5% |
| Amounts payable after more than one year | 17 | €189,837 | €168,388 | -€21,449 | -11.3% |
| Financial debts | 170/4 | €189,837 | €168,388 | -€21,449 | -11.3% |
| Amounts payable within one year | 42/48 | €105,921 | €99,860 | -€6,060 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €20,925 | €21,337 | +€412 | +2.0% |
| Trade debts | 44 | €8,935 | €5,484 | -€3,451 | -38.6% |
| Suppliers | 440/4 | €8,935 | €5,484 | -€3,451 | -38.6% |
| Taxes, remuneration and social security | 45 | €8,573 | €8,659 | +€86 | +1.0% |
| Taxes | 450/3 | €8,573 | €8,659 | +€86 | +1.0% |
| Other amounts payable | 47/48 | €67,487 | €64,380 | -€3,107 | -4.6% |
| Accrued charges and deferred income | 492/3 | €4,986 | €3,893 | -€1,093 | -21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,589 | €32,421 | +€1,833 | +6.0% |
| Other operating charges | 640/8 | €1,639 | €1,709 | +€70 | +4.3% |
| Gross operating margin | 9900 | €58,278 | €128,123 | +€69,844 | +120% |
| Operating profit (loss) | 9901 | €26,051 | €93,993 | +€67,942 | +261% |
| Financial income | 75/76B | €69 | €0 | -€69 | -100.0% |
| Recurring financial income | 75 | €69 | €0 | -€69 | -100.0% |
| Financial charges | 65/66B | €7,450 | €6,067 | -€1,383 | -18.6% |
| Recurring financial charges | 65 | €7,450 | €6,067 | -€1,383 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €18,670 | €87,926 | +€69,256 | +371% |
| Income taxes | 67/77 | €3,995 | €18,118 | +€14,123 | +354% |
| Profit (loss) for the period | 9904 | €14,675 | €69,808 | +€55,133 | +376% |
| Profit (loss) for the period to be appropriated | 9905 | €14,675 | €69,808 | +€55,133 | +376% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.