JALEO: 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.
JALEO
Largest movements
- Tangible fixed assets -€31,498
down €31,498 (-7.8%), from €406,164 to €374,666
- Cash -€9,977
down €9,977 (-9.0%), from €110,955 to €100,978
mainly Contributions, distributions and other (-€100,002) and Tax, wage and social debts (-€36,060)
- Receivables within one year +€9,856
up €9,856 (+18.8%), from €52,504 to €62,361
- Profit (loss) carried forward -€38,374
down €38,374 (-29.4%), from €130,726 to €92,352
- Tax, wage and social debts -€36,060
no longer reported in 2025 (was €36,060)
of which Taxes: -€26,298
- Other debts +€35,650
new in 2025: €35,650
- Current portion of long-term debt +€8,778
up €8,778 (+13.3%), from €65,968 to €74,747
- Gross operating margin -€75,813
down €75,813 (-25.4%), from €298,640 to €222,827
- Staff costs -€23,587
down €23,587 (-27.1%), from €87,032 to €63,445
- Taxes -€16,418
down €16,418 (-44.0%), from €37,344 to €20,925
- Depreciation +€5,952
up €5,952 (+10.4%), from €57,257 to €63,209
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 | €570,323 | €539,704 | -€30,619 | -5.4% |
| Fixed assets | 21/28 | €406,864 | €376,366 | -€30,498 | -7.5% |
| Tangible fixed assets | 22/27 | €406,164 | €374,666 | -€31,498 | -7.8% |
| Land and buildings | 22 | €212,800 | €202,160 | -€10,640 | -5.0% |
| Plant, machinery and equipment | 23 | €79,872 | €67,337 | -€12,535 | -15.7% |
| Furniture and vehicles | 24 | €76,883 | €76,937 | +€54 | +0.1% |
| Other tangible fixed assets | 26 | €36,609 | €28,232 | -€8,377 | -22.9% |
| Financial fixed assets | 28 | €700 | €1,700 | +€1,000 | +142.9% |
| Current assets | 29/58 | €163,459 | €163,338 | -€121 | -0.1% |
| Amounts receivable within one year | 40/41 | €52,504 | €62,361 | +€9,856 | +18.8% |
| Other amounts receivable | 41 | €52,504 | €62,361 | +€9,856 | +18.8% |
| Cash at bank and in hand | 54/58 | €110,955 | €100,978 | -€9,977 | -9.0% |
| Total equity and liabilities | 10/49 | €570,323 | €539,704 | -€30,619 | -5.4% |
| Equity | 10/15 | €149,326 | €110,952 | -€38,374 | -25.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,726 | €92,352 | -€38,374 | -29.4% |
| Amounts payable | 17/49 | €420,996 | €428,752 | +€7,755 | +1.8% |
| Amounts payable after more than one year | 17 | €293,396 | €296,906 | +€3,511 | +1.2% |
| Financial debts | 170/4 | €293,396 | €296,906 | +€3,511 | +1.2% |
| Amounts payable within one year | 42/48 | €127,601 | €131,845 | +€4,245 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €65,968 | €74,747 | +€8,778 | +13.3% |
| Trade debts | 44 | €25,572 | €21,449 | -€4,123 | -16.1% |
| Suppliers | 440/4 | €25,572 | €21,449 | -€4,123 | -16.1% |
| Taxes, remuneration and social security | 45 | €36,060 | - | -€36,060 | |
| Taxes | 450/3 | €26,298 | - | -€26,298 | |
| Remuneration and social security | 454/9 | €9,762 | - | -€9,762 | |
| Other amounts payable | 47/48 | - | €35,650 | +€35,650 | |
| Remuneration, social security and pensions | 62 | €87,032 | €63,445 | -€23,587 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,257 | €63,209 | +€5,952 | +10.4% |
| Other operating charges | 640/8 | €607 | €3,329 | +€2,722 | +448.8% |
| Non-recurring operating charges | 66A | €0 | €24 | +€24 | +241800.0% |
| Gross operating margin | 9900 | €298,640 | €222,827 | -€75,813 | -25.4% |
| Operating profit (loss) | 9901 | €153,745 | €92,820 | -€60,925 | -39.6% |
| Financial income | 75/76B | €1,112 | - | -€1,112 | |
| Recurring financial income | 75 | €1,112 | - | -€1,112 | |
| Financial charges | 65/66B | €7,617 | €10,267 | +€2,650 | +34.8% |
| Recurring financial charges | 65 | €7,617 | €10,267 | +€2,650 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €147,239 | €82,553 | -€64,686 | -43.9% |
| Income taxes | 67/77 | €37,344 | €20,925 | -€16,418 | -44.0% |
| Profit (loss) for the period | 9904 | €109,895 | €61,628 | -€48,268 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €109,895 | €61,628 | -€48,268 | -43.9% |
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 4 October 2026 via checked.be.