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JALAN: what changed

Two fiscal 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.

What changed

JALAN

BE 0874.349.981
NACE 79.110, Travel agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12,702
2024 · €15,556-€2,855
Equity
€170,083
2024 · €157,381+€12,702
Cash
€243,827
2024 · €230,333+€13,494
Balance sheet total
€383,752
2024 · €303,415+€80,337

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€63,596

    up €63,596 (+99.0%), from €64,215 to €127,811

  • Cash +€13,494

    up €13,494 (+5.9%), from €230,333 to €243,827

    mainly Trade debts (+€64,870) and Net result for the year (+€12,702)

Equity and liabilities
  • Trade debts +€64,870

    up €64,870 (+179.6%), from €36,119 to €100,989

  • Reserves +€12,702

    up €12,702 (+8.4%), from €151,181 to €163,883

  • Advances received +€8,040

    up €8,040 (+10.0%), from €80,427 to €88,467

  • Tax, wage and social debts -€5,826

    down €5,826 (-96.7%), from €6,024 to €198

Income statement
  • Gross operating margin -€2,704

    down €2,704 (-9.9%), from €27,380 to €24,676

  • Taxes -€2,180

    down €2,180 (-24.9%), from €8,762 to €6,582

  • Depreciation +€2,094

    up €2,094 (+313.0%), from €669 to €2,763

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €15,556
Gross operating margin -€2,704
Depreciation -€2,094
Other operating charges -€7
Financial income +€19
Financial charges -€250
Taxes +€2,180
Result 2025 €12,702

Cash bridge derived

cash 2024 to 2025

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.

From operations +€18,022
Investment -€4,527
Financing €0
Cash 2024 €230,333
Net result for the year +€12,702
Depreciation +€2,763
Stocks and contracts -€63,596
Receivables within one year -€1,489
Smaller working-capital items -€83
Trade debts +€64,870
Tax, wage and social debts -€5,826
Advances received +€8,040
Other debts +€642
Investment in fixed assets (net) -€4,527
Cash 2025 €243,827
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €303,415 €383,752 +€80,337 +26.5%
Fixed assets 21/28 €3,819 €5,584 +€1,765 +46.2%
Tangible fixed assets 22/27 €3,794 €5,559 +€1,765 +46.5%
Plant, machinery and equipment 23 €1,798 €1,342 -€456 -25.4%
Furniture and vehicles 24 €1,996 €4,217 +€2,221 +111.2%
Financial fixed assets 28 €25 €25 = 0.0%
Current assets 29/58 €299,596 €378,168 +€78,572 +26.2%
Stocks and contracts in progress 3 €64,215 €127,811 +€63,596 +99.0%
Contracts in progress 37 €64,215 €127,811 +€63,596 +99.0%
Amounts receivable within one year 40/41 €2,702 €4,190 +€1,489 +55.1%
Trade receivables 40 €1,826 €2,334 +€508 +27.9%
Other amounts receivable 41 €876 €1,856 +€980 +111.8%
Cash at bank and in hand 54/58 €230,333 €243,827 +€13,494 +5.9%
Deferred charges and accrued income 490/1 €2,346 €2,339 -€7 -0.3%
Total equity and liabilities 10/49 €303,415 €383,752 +€80,337 +26.5%
Equity 10/15 €157,381 €170,083 +€12,702 +8.1%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €151,181 €163,883 +€12,702 +8.4%
Distributable reserves 133 €151,181 €163,883 +€12,702 +8.4%
Amounts payable 17/49 €146,035 €213,670 +€67,635 +46.3%
Amounts payable within one year 42/48 €144,318 €212,043 +€67,725 +46.9%
Trade debts 44 €36,119 €100,989 +€64,870 +179.6%
Suppliers 440/4 €36,119 €100,989 +€64,870 +179.6%
Advances received on contracts in progress 46 €80,427 €88,467 +€8,040 +10.0%
Taxes, remuneration and social security 45 €6,024 €198 -€5,826 -96.7%
Taxes 450/3 €6,024 €198 -€5,826 -96.7%
Other amounts payable 47/48 €21,748 €22,389 +€642 +3.0%
Accrued charges and deferred income 492/3 €1,716 €1,626 -€90 -5.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €669 €2,763 +€2,094 +313.0%
Other operating charges 640/8 €281 €288 +€7 +2.6%
Gross operating margin 9900 €27,380 €24,676 -€2,704 -9.9%
Operating profit (loss) 9901 €26,430 €21,626 -€4,805 -18.2%
Financial income 75/76B €252 €272 +€19 +7.7%
Recurring financial income 75 €252 €272 +€19 +7.7%
Financial charges 65/66B €2,364 €2,614 +€250 +10.6%
Recurring financial charges 65 €2,364 €2,614 +€250 +10.6%
Profit (loss) for the period before taxes 9903 €24,318 €19,284 -€5,035 -20.7%
Income taxes 67/77 €8,762 €6,582 -€2,180 -24.9%
Profit (loss) for the period 9904 €15,556 €12,702 -€2,855 -18.4%
Profit (loss) for the period to be appropriated 9905 €15,556 €12,702 -€2,855 -18.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.