JALCON: 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.
JALCON
Largest movements
- Cash +€73,484
up €73,484 (+332.8%), from €22,081 to €95,565
mainly Net result for the year (+€58,308) and Tax, wage and social debts (+€15,857)
- Receivables within one year +€3,388
up €3,388 (+23.3%), from €14,569 to €17,957
- Tangible fixed assets -€1,596
down €1,596 (-28.5%), from €5,602 to €4,006
of which Plant, machinery and equipment: -€977
- Reserves +€58,308
up €58,308 (+178.3%), from €32,703 to €91,011
- Tax, wage and social debts +€15,857
up €15,857 (+192.7%), from €8,231 to €24,088
- Gross operating margin +€32,458
up €32,458 (+74.4%), from €43,601 to €76,059
- Taxes +€6,459
up €6,459 (+71.5%), from €9,030 to €15,489
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 | €44,548 | €119,834 | +€75,287 | +169.0% |
| Fixed assets | 21/28 | €5,602 | €4,006 | -€1,596 | -28.5% |
| Tangible fixed assets | 22/27 | €5,602 | €4,006 | -€1,596 | -28.5% |
| Plant, machinery and equipment | 23 | €4,359 | €3,383 | -€977 | -22.4% |
| Furniture and vehicles | 24 | €1,243 | €623 | -€620 | -49.9% |
| Current assets | 29/58 | €38,946 | €115,829 | +€76,883 | +197.4% |
| Amounts receivable within one year | 40/41 | €14,569 | €17,957 | +€3,388 | +23.3% |
| Trade receivables | 40 | €14,569 | €17,957 | +€3,388 | +23.3% |
| Cash at bank and in hand | 54/58 | €22,081 | €95,565 | +€73,484 | +332.8% |
| Deferred charges and accrued income | 490/1 | €2,296 | €2,307 | +€11 | +0.5% |
| Total equity and liabilities | 10/49 | €44,548 | €119,834 | +€75,287 | +169.0% |
| Equity | 10/15 | €34,203 | €92,511 | +€58,308 | +170.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €32,703 | €91,011 | +€58,308 | +178.3% |
| Distributable reserves | 133 | €32,703 | €91,011 | +€58,308 | +178.3% |
| Amounts payable | 17/49 | €10,345 | €27,324 | +€16,979 | +164.1% |
| Amounts payable within one year | 42/48 | €10,345 | €27,324 | +€16,979 | +164.1% |
| Trade debts | 44 | €1,432 | €2,626 | +€1,195 | +83.4% |
| Suppliers | 440/4 | €1,432 | €2,626 | +€1,195 | +83.4% |
| Taxes, remuneration and social security | 45 | €8,231 | €24,088 | +€15,857 | +192.7% |
| Taxes | 450/3 | €8,231 | €24,088 | +€15,857 | +192.7% |
| Other amounts payable | 47/48 | €682 | €609 | -€73 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,141 | €1,596 | +€456 | +39.9% |
| Other operating charges | 640/8 | €185 | €191 | +€6 | +3.4% |
| Gross operating margin | 9900 | €43,601 | €76,059 | +€32,458 | +74.4% |
| Operating profit (loss) | 9901 | €42,275 | €74,271 | +€31,996 | +75.7% |
| Financial income | 75/76B | €58 | €0 | -€58 | -99.5% |
| Recurring financial income | 75 | €58 | €0 | -€58 | -99.5% |
| Financial charges | 65/66B | €600 | €475 | -€125 | -20.9% |
| Recurring financial charges | 65 | €600 | €475 | -€125 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €41,733 | €73,797 | +€32,064 | +76.8% |
| Income taxes | 67/77 | €9,030 | €15,489 | +€6,459 | +71.5% |
| Profit (loss) for the period | 9904 | €32,703 | €58,308 | +€25,605 | +78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,703 | €58,308 | +€25,605 | +78.3% |
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 10 October 2026 via checked.be.