J LI: 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 LI
Largest movements
- Cash +€204,817
up €204,817 (+205%), from €99,822 to €304,639
mainly Net result for the year (+€121,902) and Tax, wage and social debts (+€67,015)
- Receivables within one year -€15,900
down €15,900 (-32.0%), from €49,753 to €33,853
of which Other amounts receivable: -€16,866
- Reserves +€121,902
up €121,902 (+131%), from €92,860 to €214,762
- Tax, wage and social debts +€67,015
up €67,015 (+131%), from €51,215 to €118,230
- Gross operating margin +€43,052
up €43,052 (+33.6%), from €128,208 to €171,260
- Taxes +€14,440
up €14,440 (+39.3%), from €36,761 to €51,201
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 | €149,575 | €338,492 | +€188,917 | +126% |
| Current assets | 29/58 | €149,575 | €338,492 | +€188,917 | +126% |
| Amounts receivable within one year | 40/41 | €49,753 | €33,853 | -€15,900 | -32.0% |
| Trade receivables | 40 | - | €966 | +€966 | |
| Other amounts receivable | 41 | €49,753 | €32,887 | -€16,866 | -33.9% |
| Cash at bank and in hand | 54/58 | €99,822 | €304,639 | +€204,817 | +205% |
| Total equity and liabilities | 10/49 | €149,575 | €338,492 | +€188,917 | +126% |
| Equity | 10/15 | €97,360 | €219,262 | +€121,902 | +125% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €92,860 | €214,762 | +€121,902 | +131% |
| Distributable reserves | 133 | €92,860 | €214,762 | +€121,902 | +131% |
| Amounts payable | 17/49 | €52,215 | €119,230 | +€67,015 | +128% |
| Amounts payable within one year | 42/48 | €52,215 | €119,230 | +€67,015 | +128% |
| Trade debts | 44 | €1,000 | €1,000 | = | 0.0% |
| Suppliers | 440/4 | €1,000 | €1,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €51,215 | €118,230 | +€67,015 | +131% |
| Taxes | 450/3 | €51,215 | €118,230 | +€67,015 | +131% |
| Other operating charges | 640/8 | - | €55 | +€55 | |
| Gross operating margin | 9900 | €128,208 | €171,260 | +€43,052 | +33.6% |
| Operating profit (loss) | 9901 | €128,208 | €171,205 | +€42,997 | +33.5% |
| Financial income | 75/76B | €1,431 | €2,197 | +€766 | +53.5% |
| Recurring financial income | 75 | €1,431 | €2,197 | +€766 | +53.5% |
| Financial charges | 65/66B | €19 | €299 | +€280 | +1,494% |
| Recurring financial charges | 65 | €19 | €299 | +€280 | +1,494% |
| Profit (loss) for the period before taxes | 9903 | €129,621 | €173,103 | +€43,482 | +33.5% |
| Income taxes | 67/77 | €36,761 | €51,201 | +€14,440 | +39.3% |
| Profit (loss) for the period | 9904 | €92,860 | €121,902 | +€29,042 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €92,860 | €121,902 | +€29,042 | +31.3% |
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 23 October 2026 via checked.be.