J&LL: 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&LL
Largest movements
- Current investments -€359,999
down €359,999 (-100.0%), from €359,999 to €0
- Cash -€253,654
down €253,654 (-66.2%), from €383,180 to €129,526
mainly Contributions, distributions and other (-€858,000) and Tax, wage and social debts (-€146,335)
- Tangible fixed assets +€20,586
up €20,586 (+1300.7%), from €1,583 to €22,168
of which Other tangible fixed assets: +€20,905
- Profit (loss) carried forward -€545,419
down €545,419 (-94.2%), from €578,731 to €33,312
- Tax, wage and social debts -€146,335
down €146,335 (-81.4%), from €179,691 to €33,357
- Other debts +€87,009
up €87,009, from €0 to €87,009
- Gross operating margin +€73,939
up €73,939 (+23.4%), from €316,345 to €390,285
- Financial income +€25,198
up €25,198 (+399.0%), from €6,315 to €31,513
- Taxes +€24,715
up €24,715 (+32.2%), from €76,665 to €101,380
- Financial charges +€3,944
up €3,944 (+143.7%), from €2,745 to €6,689
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 | €764,338 | €162,077 | -€602,261 | -78.8% |
| Fixed assets | 21/28 | €1,583 | €22,168 | +€20,586 | +1300.7% |
| Tangible fixed assets | 22/27 | €1,583 | €22,168 | +€20,586 | +1300.7% |
| Furniture and vehicles | 24 | €1,583 | €1,264 | -€319 | -20.1% |
| Other tangible fixed assets | 26 | - | €20,905 | +€20,905 | |
| Current assets | 29/58 | €762,755 | €139,909 | -€622,847 | -81.7% |
| Amounts receivable within one year | 40/41 | €16,748 | €9,239 | -€7,509 | -44.8% |
| Trade receivables | 40 | €3,663 | €7,948 | +€4,285 | +117.0% |
| Other amounts receivable | 41 | €13,085 | €1,291 | -€11,794 | -90.1% |
| Current investments | 50/53 | €359,999 | €0 | -€359,999 | -100.0% |
| Cash at bank and in hand | 54/58 | €383,180 | €129,526 | -€253,654 | -66.2% |
| Deferred charges and accrued income | 490/1 | €2,828 | €1,144 | -€1,685 | -59.6% |
| Total equity and liabilities | 10/49 | €764,338 | €162,077 | -€602,261 | -78.8% |
| Equity | 10/15 | €580,731 | €35,312 | -€545,419 | -93.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €578,731 | €33,312 | -€545,419 | -94.2% |
| Amounts payable | 17/49 | €183,607 | €126,766 | -€56,841 | -31.0% |
| Amounts payable within one year | 42/48 | €183,607 | €126,766 | -€56,841 | -31.0% |
| Trade debts | 44 | €3,916 | €6,399 | +€2,484 | +63.4% |
| Suppliers | 440/4 | €3,916 | €6,399 | +€2,484 | +63.4% |
| Taxes, remuneration and social security | 45 | €179,691 | €33,357 | -€146,335 | -81.4% |
| Taxes | 450/3 | €179,691 | €33,357 | -€146,335 | -81.4% |
| Other amounts payable | 47/48 | €0 | €87,009 | +€87,009 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11 | €580 | +€569 | +5009.2% |
| Other operating charges | 640/8 | €557 | €568 | +€11 | +2.0% |
| Gross operating margin | 9900 | €316,345 | €390,285 | +€73,939 | +23.4% |
| Operating profit (loss) | 9901 | €315,777 | €389,137 | +€73,360 | +23.2% |
| Financial income | 75/76B | €6,315 | €31,513 | +€25,198 | +399.0% |
| Recurring financial income | 75 | €6,315 | €31,513 | +€25,198 | +399.0% |
| Financial charges | 65/66B | €2,745 | €6,689 | +€3,944 | +143.7% |
| Recurring financial charges | 65 | €2,745 | €6,689 | +€3,944 | +143.7% |
| Profit (loss) for the period before taxes | 9903 | €319,347 | €413,961 | +€94,613 | +29.6% |
| Income taxes | 67/77 | €76,665 | €101,380 | +€24,715 | +32.2% |
| Profit (loss) for the period | 9904 | €242,682 | €312,581 | +€69,898 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €242,682 | €312,581 | +€69,898 | +28.8% |
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 9 October 2026 via checked.be.