JALANOE: 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.
JALANOE
Largest movements
- Cash -€121,416
down €121,416 (-74.2%), from €163,623 to €42,208
mainly Trade debts (-€138,379) and Contributions, distributions and other (-€85,714)
- Stocks and contracts -€48,270
down €48,270 (-2.2%), from €2.2m to €2.2m
- Receivables within one year +€30,762
up €30,762 (+264.3%), from €11,638 to €42,400
- Trade debts -€138,379
down €138,379 (-68.0%), from €203,517 to €65,138
- Tax, wage and social debts +€44,453
up €44,453 (+99.2%), from €44,818 to €89,271
- Current portion of long-term debt -€25,000
no longer reported in 2025 (was €25,000)
- Gross operating margin -€157,107
down €157,107 (-50.9%), from €308,938 to €151,831
- Taxes -€36,886
down €36,886 (-53.7%), from €68,712 to €31,826
- Financial charges -€7,969
down €7,969 (-21.4%), from €37,296 to €29,327
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 | €2,412,623 | €2,273,481 | -€139,141 | -5.8% |
| Fixed assets | 21/28 | €200 | - | -€200 | |
| Financial fixed assets | 28 | €200 | - | -€200 | |
| Current assets | 29/58 | €2,412,423 | €2,273,481 | -€138,941 | -5.8% |
| Stocks and contracts in progress | 3 | €2,231,699 | €2,183,429 | -€48,270 | -2.2% |
| Stocks | 30/36 | €2,231,699 | €2,183,429 | -€48,270 | -2.2% |
| Amounts receivable within one year | 40/41 | €11,638 | €42,400 | +€30,762 | +264.3% |
| Other amounts receivable | 41 | €11,638 | €42,400 | +€30,762 | +264.3% |
| Cash at bank and in hand | 54/58 | €163,623 | €42,208 | -€121,416 | -74.2% |
| Deferred charges and accrued income | 490/1 | €5,462 | €5,445 | -€17 | -0.3% |
| Total equity and liabilities | 10/49 | €2,412,623 | €2,273,481 | -€139,141 | -5.8% |
| Equity | 10/15 | €649,726 | €653,594 | +€3,868 | +0.6% |
| Contributions | 10/11 | €102,500 | €102,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €547,226 | €551,094 | +€3,868 | +0.7% |
| Amounts payable | 17/49 | €1,762,896 | €1,619,887 | -€143,009 | -8.1% |
| Amounts payable within one year | 42/48 | €1,760,792 | €1,617,887 | -€142,905 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | - | -€25,000 | |
| Financial debts | 43 | €1,487,456 | €1,463,478 | -€23,978 | -1.6% |
| Credit institutions | 430/8 | €1,487,456 | €1,463,478 | -€23,978 | -1.6% |
| Trade debts | 44 | €203,517 | €65,138 | -€138,379 | -68.0% |
| Suppliers | 440/4 | €203,517 | €65,138 | -€138,379 | -68.0% |
| Taxes, remuneration and social security | 45 | €44,818 | €89,271 | +€44,453 | +99.2% |
| Taxes | 450/3 | €44,818 | €89,271 | +€44,453 | +99.2% |
| Accrued charges and deferred income | 492/3 | €2,105 | €2,000 | -€105 | -5.0% |
| Other operating charges | 640/8 | €968 | €1,095 | +€128 | +13.2% |
| Gross operating margin | 9900 | €308,938 | €151,831 | -€157,107 | -50.9% |
| Operating profit (loss) | 9901 | €307,970 | €150,735 | -€157,235 | -51.1% |
| Financial income | 75/76B | €2,774 | - | -€2,774 | |
| Recurring financial income | 75 | €2,774 | - | -€2,774 | |
| Financial charges | 65/66B | €37,296 | €29,327 | -€7,969 | -21.4% |
| Recurring financial charges | 65 | €37,296 | €29,327 | -€7,969 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €273,448 | €121,408 | -€152,039 | -55.6% |
| Income taxes | 67/77 | €68,712 | €31,826 | -€36,886 | -53.7% |
| Profit (loss) for the period | 9904 | €204,736 | €89,582 | -€115,154 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €204,736 | €89,582 | -€115,154 | -56.2% |
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 6 October 2026 via checked.be.