JALS Management: 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
JALS Management
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€72,405
2024 · €31,408+€40,997
Equity
€807,675
2024 · €735,270+€72,405
Cash
€3,106
2024 · €9,013-€5,907
Balance sheet total
€1.9m
2024 · €1.9m-€49,679
Largest movements
Assets
- Tangible fixed assets -€62,910
down €62,910 (-3.5%), from €1.8m to €1.7m
of which Land and buildings: -€59,199
- Current investments +€33,000
up €33,000 (+165.0%), from €20,000 to €53,000
Equity and liabilities
- Debts after one year -€99,914
down €99,914 (-11.2%), from €893,792 to €793,878
- Reserves +€72,405
up €72,405 (+17.3%), from €417,521 to €489,926
of which Distributable reserves: +€94,670
- Tax, wage and social debts +€24,282
up €24,282 (+287.4%), from €8,448 to €32,730
Income statement
- Other operating charges -€75,060
down €75,060 (-90.3%), from €83,083 to €8,023
- Taxes +€33,835
up €33,835 (+118.1%), from €28,650 to €62,485
- Gross operating margin +€7,966
up €7,966 (+3.5%), from €228,402 to €236,367
- Financial charges +€6,881
up €6,881 (+27.1%), from €25,360 to €32,241
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
€31,408
Gross operating margin
+€7,966
Depreciation
-€185
Other operating charges
+€75,060
Other operating items
-€788
Financial income
-€402
Financial charges
-€6,881
Taxes
-€33,835
Deferred taxes and other
+€61
Result 2025
€72,405
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.
From operations
+€144,938
Investment
-€42,673
Financing
-€108,172
Cash 2024
€9,013
From operations (derived)
+€144,938
Net result for the year
+€72,405
Depreciation
+€72,583
Receivables after one year
+€8,000
Receivables within one year
-€191
Deferred charges and accrued income
+€6,053
Provisions
-€11,526
Trade debts
-€16,987
Tax, wage and social debts
+€24,282
Other debts
-€9,681
Investment (derived)
-€42,673
Investment in fixed assets (net)
-€9,673
Current investments
-€33,000
Financing
-€108,172
Debts after one year
-€99,914
Current portion of long-term debt
-€8,258
Cash 2025
€3,106
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,921,346 | €1,871,667 | -€49,679 | -2.6% |
| Fixed assets | 21/28 | €1,775,523 | €1,712,612 | -€62,910 | -3.5% |
| Tangible fixed assets | 22/27 | €1,775,523 | €1,712,612 | -€62,910 | -3.5% |
| Land and buildings | 22 | €1,745,453 | €1,686,254 | -€59,199 | -3.4% |
| Furniture and vehicles | 24 | €30,070 | €26,359 | -€3,711 | -12.3% |
| Current assets | 29/58 | €145,824 | €159,055 | +€13,231 | +9.1% |
| Amounts receivable after more than one year | 29 | €81,250 | €73,250 | -€8,000 | -9.8% |
| Trade receivables | 290 | €81,250 | €73,250 | -€8,000 | -9.8% |
| Amounts receivable within one year | 40/41 | €25,050 | €25,241 | +€191 | +0.8% |
| Trade receivables | 40 | €24,913 | €24,927 | +€14 | +0.1% |
| Other amounts receivable | 41 | €137 | €314 | +€178 | +130.2% |
| Current investments | 50/53 | €20,000 | €53,000 | +€33,000 | +165.0% |
| Cash at bank and in hand | 54/58 | €9,013 | €3,106 | -€5,907 | -65.5% |
| Deferred charges and accrued income | 490/1 | €10,511 | €4,458 | -€6,053 | -57.6% |
| Total equity and liabilities | 10/49 | €1,921,346 | €1,871,667 | -€49,679 | -2.6% |
| Equity | 10/15 | €735,270 | €807,675 | +€72,405 | +9.8% |
| Contributions | 10/11 | €117,749 | €117,749 | = | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €417,521 | €489,926 | +€72,405 | +17.3% |
| Non-distributable reserves | 130/1 | €11,775 | €11,775 | = | 0.0% |
| Other | 1319 | €11,775 | €11,775 | = | 0.0% |
| Tax-exempt reserves | 132 | €122,861 | €100,596 | -€22,265 | -18.1% |
| Distributable reserves | 133 | €282,885 | €377,555 | +€94,670 | +33.5% |
| Provisions and deferred taxes | 16 | €111,706 | €100,180 | -€11,526 | -10.3% |
| Provisions for liabilities and charges | 160/5 | €100,180 | €100,180 | = | 0.0% |
| Other liabilities and charges | 164/5 | €100,180 | €100,180 | = | 0.0% |
| Deferred taxes | 168 | €11,526 | - | -€11,526 | |
| Amounts payable | 17/49 | €1,074,370 | €963,812 | -€110,558 | -10.3% |
| Amounts payable after more than one year | 17 | €893,792 | €793,878 | -€99,914 | -11.2% |
| Financial debts | 170/4 | €893,792 | €793,878 | -€99,914 | -11.2% |
| Amounts payable within one year | 42/48 | €180,578 | €169,934 | -€10,644 | -5.9% |
| Current portion of amounts payable after more than one year | 42 | €108,672 | €100,414 | -€8,258 | -7.6% |
| Trade debts | 44 | €20,545 | €3,558 | -€16,987 | -82.7% |
| Suppliers | 440/4 | €20,545 | €3,558 | -€16,987 | -82.7% |
| Taxes, remuneration and social security | 45 | €8,448 | €32,730 | +€24,282 | +287.4% |
| Taxes | 450/3 | €8,448 | €32,730 | +€24,282 | +287.4% |
| Other amounts payable | 47/48 | €42,914 | €33,233 | -€9,681 | -22.6% |
| Non-recurring operating income | 76A | €6,404 | €6,398 | -€6 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,399 | €72,583 | +€185 | +0.3% |
| Other operating charges | 640/8 | €83,083 | €8,023 | -€75,060 | -90.3% |
| Non-recurring operating charges | 66A | - | €788 | +€788 | |
| Gross operating margin | 9900 | €228,402 | €236,367 | +€7,966 | +3.5% |
| Operating profit (loss) | 9901 | €72,920 | €154,974 | +€82,054 | +112.5% |
| Financial income | 75/76B | €1,033 | €632 | -€402 | -38.9% |
| Recurring financial income | 75 | €1,033 | €632 | -€402 | -38.9% |
| Financial charges | 65/66B | €25,360 | €32,241 | +€6,881 | +27.1% |
| Recurring financial charges | 65 | €25,360 | €32,241 | +€6,881 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €48,593 | €123,364 | +€74,771 | +153.9% |
| Transfer from deferred taxes | 780 | €11,465 | €11,526 | +€61 | +0.5% |
| Income taxes | 67/77 | €28,650 | €62,485 | +€33,835 | +118.1% |
| Profit (loss) for the period | 9904 | €31,408 | €72,405 | +€40,997 | +130.5% |
| Transfer from tax-exempt reserves | 789 | €22,265 | €22,265 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €53,673 | €94,670 | +€40,997 | +76.4% |
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 12 October 2026 via checked.be.