J3LF Safety & engineering consulting: what changed
J3LF Safety & engineering consulting
Largest movements
- Cash -€30,987
down €30,987 (-63.0%), from €49,201 to €18,214
mainly Contributions, distributions and other (-€34,311) and Net result for the year (-€11,126)
- Receivables within one year -€10,725
down €10,725 (-33.4%), from €32,123 to €21,397
of which Other amounts receivable: -€19,478
- Deferred charges and accrued income +€1,050
up €1,050 (+35.3%), from €2,976 to €4,026
- Reserves -€34,311
down €34,311 (-96.5%), from €35,551 to €1,240
- Profit (loss) carried forward -€11,126
new in 2025: -€11,126
- Short-term financial debts -€5,481
down €5,481 (-91.4%), from €6,000 to €519
- Other debts +€3,971
up €3,971 (+13.1%), from €30,340 to €34,311
- Trade debts +€3,809
up €3,809 (+109%), from €3,497 to €7,307
- Gross operating margin -€38,241
down €38,241, from €35,757 to -€2,484
- Depreciation -€8,630
down €8,630 (-78.1%), from €11,054 to €2,425
- Staff costs -€7,456
no longer reported in 2025 (was €7,456)
- Taxes -€6,275
down €6,275 (-99.7%), from €6,295 to €20
- Other operating charges +€2,894
up €2,894 (+284%), from €1,021 to €3,914
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,500 | €54,425 | -€41,075 | -43.0% |
| Fixed assets | 21/28 | €11,200 | €10,787 | -€412 | -3.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €11,200 | €10,787 | -€412 | -3.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €2,148 | €948 | -€1,200 | -55.9% |
| Other tangible fixed assets | 26 | €9,051 | €9,839 | +€788 | +8.7% |
| Current assets | 29/58 | €84,300 | €43,638 | -€40,662 | -48.2% |
| Amounts receivable within one year | 40/41 | €32,123 | €21,397 | -€10,725 | -33.4% |
| Trade receivables | 40 | €3,572 | €12,325 | +€8,753 | +245% |
| Other amounts receivable | 41 | €28,551 | €9,072 | -€19,478 | -68.2% |
| Cash at bank and in hand | 54/58 | €49,201 | €18,214 | -€30,987 | -63.0% |
| Deferred charges and accrued income | 490/1 | €2,976 | €4,026 | +€1,050 | +35.3% |
| Total equity and liabilities | 10/49 | €95,500 | €54,425 | -€41,075 | -43.0% |
| Equity | 10/15 | €54,151 | €8,714 | -€45,438 | -83.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,551 | €1,240 | -€34,311 | -96.5% |
| Distributable reserves | 133 | €35,551 | €1,240 | -€34,311 | -96.5% |
| Profit (loss) carried forward | 14 | - | -€11,126 | -€11,126 | |
| Amounts payable | 17/49 | €41,348 | €45,712 | +€4,363 | +10.6% |
| Amounts payable within one year | 42/48 | €41,348 | €45,712 | +€4,363 | +10.6% |
| Financial debts | 43 | €6,000 | €519 | -€5,481 | -91.4% |
| Credit institutions | 430/8 | €6,000 | €519 | -€5,481 | -91.4% |
| Trade debts | 44 | €3,497 | €7,307 | +€3,809 | +109% |
| Suppliers | 440/4 | €3,497 | €7,307 | +€3,809 | +109% |
| Taxes, remuneration and social security | 45 | €1,511 | €3,575 | +€2,064 | +137% |
| Taxes | 450/3 | €1,511 | €3,575 | +€2,064 | +137% |
| Other amounts payable | 47/48 | €30,340 | €34,311 | +€3,971 | +13.1% |
| Remuneration, social security and pensions | 62 | €7,456 | - | -€7,456 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,054 | €2,425 | -€8,630 | -78.1% |
| Other operating charges | 640/8 | €1,021 | €3,914 | +€2,894 | +284% |
| Non-recurring operating charges | 66A | €1,687 | - | -€1,687 | |
| Gross operating margin | 9900 | €35,757 | -€2,484 | -€38,241 | |
| Operating profit (loss) | 9901 | €14,539 | -€8,823 | -€23,362 | |
| Financial income | 75/76B | €916 | €929 | +€13 | +1.5% |
| Recurring financial income | 75 | €916 | €929 | +€13 | +1.5% |
| Financial charges | 65/66B | €3,820 | €3,213 | -€607 | -15.9% |
| Recurring financial charges | 65 | €3,820 | €3,213 | -€607 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €11,635 | -€11,106 | -€22,742 | |
| Income taxes | 67/77 | €6,295 | €20 | -€6,275 | -99.7% |
| Profit (loss) for the period | 9904 | €5,340 | -€11,126 | -€16,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,340 | -€11,126 | -€16,467 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.