JALOR: 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.
JALOR
Largest movements
- Cash +€96,611
up €96,611 (+33.5%), from €288,755 to €385,366
mainly Net result for the year (+€88,795) and Receivables within one year (+€22,704)
- Receivables within one year -€22,704
down €22,704 (-55.9%), from €40,598 to €17,894
of which Trade receivables: -€21,201
- Reserves +€51,868
up €51,868 (+13.9%), from €371,858 to €423,726
of which Distributable reserves: +€51,868
- Tax, wage and social debts +€13,176
new in 2025: €13,176
- Other debts +€5,599
new in 2025: €5,599
- Financial income -€4,907
down €4,907 (-77.0%), from €6,369 to €1,462
- Gross operating margin +€3,720
up €3,720 (+2.8%), from €131,630 to €135,350
- Taxes -€2,051
down €2,051 (-5.5%), from €37,555 to €35,504
- Depreciation +€1,563
up €1,563 (+16.3%), from €9,608 to €11,171
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 | €383,538 | €453,654 | +€70,115 | +18.3% |
| Fixed assets | 21/28 | €53,403 | €49,585 | -€3,818 | -7.2% |
| Tangible fixed assets | 22/27 | €53,403 | €49,585 | -€3,818 | -7.2% |
| Plant, machinery and equipment | 23 | €1,396 | €1,391 | -€6 | -0.4% |
| Furniture and vehicles | 24 | €13,379 | €11,341 | -€2,038 | -15.2% |
| Other tangible fixed assets | 26 | €38,628 | €36,853 | -€1,775 | -4.6% |
| Current assets | 29/58 | €330,135 | €404,069 | +€73,934 | +22.4% |
| Amounts receivable within one year | 40/41 | €40,598 | €17,894 | -€22,704 | -55.9% |
| Trade receivables | 40 | €34,160 | €12,959 | -€21,201 | -62.1% |
| Other amounts receivable | 41 | €6,438 | €4,935 | -€1,503 | -23.3% |
| Cash at bank and in hand | 54/58 | €288,755 | €385,366 | +€96,611 | +33.5% |
| Deferred charges and accrued income | 490/1 | €782 | €809 | +€27 | +3.4% |
| Total equity and liabilities | 10/49 | €383,538 | €453,654 | +€70,115 | +18.3% |
| Equity | 10/15 | €381,858 | €433,726 | +€51,868 | +13.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €371,858 | €423,726 | +€51,868 | +13.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €369,858 | €421,726 | +€51,868 | +14.0% |
| Amounts payable | 17/49 | €1,680 | €19,927 | +€18,247 | +1086.1% |
| Amounts payable within one year | 42/48 | €1,680 | €19,927 | +€18,247 | +1086.1% |
| Trade debts | 44 | €1,680 | €1,152 | -€528 | -31.4% |
| Suppliers | 440/4 | €1,680 | €1,152 | -€528 | -31.4% |
| Taxes, remuneration and social security | 45 | - | €13,176 | +€13,176 | |
| Taxes | 450/3 | - | €13,176 | +€13,176 | |
| Other amounts payable | 47/48 | - | €5,599 | +€5,599 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,608 | €11,171 | +€1,563 | +16.3% |
| Other operating charges | 640/8 | €1,772 | €1,294 | -€479 | -27.0% |
| Gross operating margin | 9900 | €131,630 | €135,350 | +€3,720 | +2.8% |
| Operating profit (loss) | 9901 | €120,250 | €122,884 | +€2,635 | +2.2% |
| Financial income | 75/76B | €6,369 | €1,462 | -€4,907 | -77.0% |
| Recurring financial income | 75 | €6,369 | €1,462 | -€4,907 | -77.0% |
| Financial charges | 65/66B | €55 | €48 | -€8 | -13.8% |
| Recurring financial charges | 65 | €55 | €48 | -€8 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €126,563 | €124,299 | -€2,264 | -1.8% |
| Income taxes | 67/77 | €37,555 | €35,504 | -€2,051 | -5.5% |
| Profit (loss) for the period | 9904 | €89,008 | €88,795 | -€214 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €89,008 | €88,795 | -€214 | -0.2% |
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 9 October 2026 via checked.be.