JALT Project: 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.
JALT Project
Largest movements
- Cash -€3,795
down €3,795 (-71.4%), from €5,315 to €1,520
mainly Net result for the year (-€7,650)
- Receivables within one year -€540
no longer reported in 2025 (was €540)
- Profit (loss) carried forward -€7,650
down €7,650, from €2,232 to -€5,417
- Tax, wage and social debts +€2,134
up €2,134 (+382.5%), from €558 to €2,692
of which Remuneration and social security: +€2,608
- Trade debts +€1,180
up €1,180 (+110.8%), from €1,065 to €2,245
- Gross operating margin -€10,165
down €10,165, from €3,268 to -€6,897
- Taxes -€558
no longer reported in 2025 (was €558)
- Other operating charges +€332
up €332 (+85.8%), from €387 to €720
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 | €5,855 | €1,520 | -€4,335 | -74.0% |
| Current assets | 29/58 | €5,855 | €1,520 | -€4,335 | -74.0% |
| Amounts receivable within one year | 40/41 | €540 | - | -€540 | |
| Other amounts receivable | 41 | €540 | - | -€540 | |
| Cash at bank and in hand | 54/58 | €5,315 | €1,520 | -€3,795 | -71.4% |
| Total equity and liabilities | 10/49 | €5,855 | €1,520 | -€4,335 | -74.0% |
| Equity | 10/15 | €4,232 | -€3,417 | -€7,650 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,232 | -€5,417 | -€7,650 | |
| Amounts payable | 17/49 | €1,623 | €4,938 | +€3,315 | +204.2% |
| Amounts payable within one year | 42/48 | €1,623 | €4,938 | +€3,315 | +204.2% |
| Trade debts | 44 | €1,065 | €2,245 | +€1,180 | +110.8% |
| Suppliers | 440/4 | €1,065 | €2,245 | +€1,180 | +110.8% |
| Taxes, remuneration and social security | 45 | €558 | €2,692 | +€2,134 | +382.5% |
| Taxes | 450/3 | €558 | €84 | -€474 | -84.9% |
| Remuneration and social security | 454/9 | - | €2,608 | +€2,608 | |
| Other operating charges | 640/8 | €387 | €720 | +€332 | +85.8% |
| Gross operating margin | 9900 | €3,268 | -€6,897 | -€10,165 | |
| Operating profit (loss) | 9901 | €2,880 | -€7,617 | -€10,497 | |
| Financial charges | 65/66B | €90 | €33 | -€57 | -63.7% |
| Recurring financial charges | 65 | €90 | €33 | -€57 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | €2,790 | -€7,650 | -€10,440 | |
| Income taxes | 67/77 | €558 | - | -€558 | |
| Profit (loss) for the period | 9904 | €2,232 | -€7,650 | -€9,882 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,232 | -€7,650 | -€9,882 |
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 30 September 2026 via checked.be.