JALINVEST: 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.
What changed
JALINVEST
NACE 69.209, Other tax advisory services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€56,589
2024 · €457,786-€401,198
Equity
€8.2m
2024 · €8.2m-€14,669
Cash
€224,816
2024 · €177,469+€47,347
Balance sheet total
€8.2m
2024 · €8.3m-€32,934
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€404,484
down €404,484 (-74.5%), from €542,579 to €138,096
- Depreciation +€28,139
up €28,139 (+48.5%), from €58,017 to €86,156
- Taxes -€27,212
down €27,212 (-41.4%), from €65,663 to €38,452
- Gross operating margin -€11,751
down €11,751 (-15.7%), from €74,906 to €63,156
- Financial charges -€10,258
down €10,258 (-74.5%), from €13,778 to €3,520
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.
Result 2024
€457,786
Gross operating margin
-€11,751
Depreciation
-€28,139
Other operating charges
+€5,706
Financial income
-€404,484
Financial charges
+€10,258
Taxes
+€27,212
Result 2025
€56,589
raises the resultlowers the result
Derived cash bridge
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
+€162,814
Investment
-€44,211
Financing
-€71,257
Cash 2024
€177,469
From operations (derived)
+€162,814
Net result for the year
+€56,589
Depreciation
+€86,156
Stocks and contracts
+€19,719
Receivables within one year
+€18,513
Deferred charges and accrued income
+€103
Trade debts
+€4,808
Tax, wage and social debts
-€22,278
Accrued charges and deferred income
-€795
Investment (derived)
-€44,211
Investment in fixed assets (net)
-€101,644
Current investments
+€57,434
Financing
-€71,257
Contributions, distributions and other
-€71,257
Cash 2025
€224,816
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,253,972 | €8,221,038 | -€32,934 | -0.4% |
| Fixed assets | 21/28 | €2,266,888 | €2,282,375 | +€15,488 | +0.7% |
| Tangible fixed assets | 22/27 | €339,575 | €355,063 | +€15,488 | +4.6% |
| Land and buildings | 22 | - | €51,378 | +€51,378 | |
| Plant, machinery and equipment | 23 | €59,932 | €6,363 | -€53,570 | -89.4% |
| Furniture and vehicles | 24 | €130,752 | €172,044 | +€41,292 | +31.6% |
| Other tangible fixed assets | 26 | €148,891 | €125,278 | -€23,612 | -15.9% |
| Financial fixed assets | 28 | €1,927,313 | €1,927,313 | = | 0.0% |
| Current assets | 29/58 | €5,987,084 | €5,938,663 | -€48,422 | -0.8% |
| Stocks and contracts in progress | 3 | €30,056 | €10,337 | -€19,719 | -65.6% |
| Stocks | 30/36 | €30,056 | €10,337 | -€19,719 | -65.6% |
| Amounts receivable within one year | 40/41 | €567,839 | €549,326 | -€18,513 | -3.3% |
| Trade receivables | 40 | €28,526 | €12,847 | -€15,679 | -55.0% |
| Other amounts receivable | 41 | €539,313 | €536,479 | -€2,835 | -0.5% |
| Current investments | 50/53 | €5,203,915 | €5,146,481 | -€57,434 | -1.1% |
| Cash at bank and in hand | 54/58 | €177,469 | €224,816 | +€47,347 | +26.7% |
| Deferred charges and accrued income | 490/1 | €7,805 | €7,702 | -€103 | -1.3% |
| Total equity and liabilities | 10/49 | €8,253,972 | €8,221,038 | -€32,934 | -0.4% |
| Equity | 10/15 | €8,190,201 | €8,175,533 | -€14,669 | -0.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €8,171,651 | €8,156,983 | -€14,669 | -0.2% |
| Tax-exempt reserves | 132 | €26,165 | €26,165 | = | 0.0% |
| Distributable reserves | 133 | €8,145,486 | €8,130,817 | -€14,669 | -0.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €63,771 | €45,505 | -€18,265 | -28.6% |
| Amounts payable within one year | 42/48 | €62,976 | €45,505 | -€17,471 | -27.7% |
| Trade debts | 44 | €5,826 | €10,634 | +€4,808 | +82.5% |
| Suppliers | 440/4 | €5,826 | €10,634 | +€4,808 | +82.5% |
| Taxes, remuneration and social security | 45 | €57,150 | €34,872 | -€22,278 | -39.0% |
| Taxes | 450/3 | €57,150 | €34,872 | -€22,278 | -39.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €795 | - | -€795 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,017 | €86,156 | +€28,139 | +48.5% |
| Other operating charges | 640/8 | €22,241 | €16,535 | -€5,706 | -25.7% |
| Gross operating margin | 9900 | €74,906 | €63,156 | -€11,751 | -15.7% |
| Operating profit (loss) | 9901 | -€5,352 | -€39,536 | -€34,184 | -639% |
| Financial income | 75/76B | €542,579 | €138,096 | -€404,484 | -74.5% |
| Recurring financial income | 75 | €542,579 | €138,096 | -€404,484 | -74.5% |
| Financial charges | 65/66B | €13,778 | €3,520 | -€10,258 | -74.5% |
| Recurring financial charges | 65 | €13,778 | €3,520 | -€10,258 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €523,449 | €95,040 | -€428,409 | -81.8% |
| Income taxes | 67/77 | €65,663 | €38,452 | -€27,212 | -41.4% |
| Profit (loss) for the period | 9904 | €457,786 | €56,589 | -€401,198 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €457,786 | €56,589 | -€401,198 | -87.6% |
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 19 October 2026 via checked.be.