JALYCO: 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.
JALYCO
Largest movements
- Cash -€377,584
down €377,584 (-94.9%), from €397,842 to €20,258
mainly Contributions, distributions and other (-€763,158) and Other debts (-€88,000)
- Receivables within one year -€125,771
down €125,771 (-69.0%), from €182,361 to €56,590
of which Other amounts receivable: -€134,984
- Tangible fixed assets -€49,349
down €49,349 (-1.8%), from €2.7m to €2.6m
of which Land and buildings: -€49,349
- Reserves -€502,654
down €502,654 (-25.6%), from €2.0m to €1.5m
of which Distributable reserves: -€511,225
- Other debts -€88,000
down €88,000 (-100.0%), from €88,000 to €0
- Gross operating margin +€271,508
up €271,508 (+242.0%), from €112,194 to €383,703
- Taxes +€66,079
up €66,079 (+280.4%), from €23,566 to €89,645
- Financial income -€10,614
down €10,614 (-68.3%), from €15,550 to €4,936
- Depreciation +€9,517
up €9,517 (+123.1%), from €7,730 to €17,247
- Other operating charges -€4,879
down €4,879 (-17.5%), from €27,912 to €23,032
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 | €3,312,754 | €2,745,168 | -€567,586 | -17.1% |
| Fixed assets | 21/28 | €2,698,979 | €2,649,630 | -€49,349 | -1.8% |
| Tangible fixed assets | 22/27 | €2,698,979 | €2,649,630 | -€49,349 | -1.8% |
| Land and buildings | 22 | €2,698,979 | €2,649,630 | -€49,349 | -1.8% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €613,775 | €95,538 | -€518,237 | -84.4% |
| Amounts receivable within one year | 40/41 | €182,361 | €56,590 | -€125,771 | -69.0% |
| Trade receivables | 40 | - | €9,214 | +€9,214 | |
| Other amounts receivable | 41 | €182,361 | €47,377 | -€134,984 | -74.0% |
| Cash at bank and in hand | 54/58 | €397,842 | €20,258 | -€377,584 | -94.9% |
| Deferred charges and accrued income | 490/1 | €33,572 | €18,690 | -€14,882 | -44.3% |
| Total equity and liabilities | 10/49 | €3,312,754 | €2,745,168 | -€567,586 | -17.1% |
| Equity | 10/15 | €3,197,268 | €2,694,613 | -€502,654 | -15.7% |
| Contributions | 10/11 | €1,160,000 | €1,160,000 | = | 0.0% |
| Capital | 10 | €1,160,000 | €1,160,000 | = | 0.0% |
| Issued capital | 100 | €1,160,000 | €1,160,000 | = | 0.0% |
| Reserves | 13 | €1,965,701 | €1,463,047 | -€502,654 | -25.6% |
| Non-distributable reserves | 130/1 | €99,250 | €116,000 | +€16,750 | +16.9% |
| Legal reserve | 130 | €99,250 | €116,000 | +€16,750 | +16.9% |
| Tax-exempt reserves | 132 | €78,744 | €70,564 | -€8,180 | -10.4% |
| Distributable reserves | 133 | €1,787,707 | €1,276,483 | -€511,225 | -28.6% |
| Profit (loss) carried forward | 14 | €71,566 | €71,566 | = | 0.0% |
| Provisions and deferred taxes | 16 | €19,831 | €17,833 | -€1,998 | -10.1% |
| Deferred taxes | 168 | €19,831 | €17,833 | -€1,998 | -10.1% |
| Amounts payable | 17/49 | €95,655 | €32,721 | -€62,934 | -65.8% |
| Amounts payable within one year | 42/48 | €94,253 | €31,319 | -€62,934 | -66.8% |
| Trade debts | 44 | €3,878 | €13,156 | +€9,279 | +239.3% |
| Suppliers | 440/4 | €3,878 | €13,156 | +€9,279 | +239.3% |
| Taxes, remuneration and social security | 45 | €2,375 | €18,162 | +€15,787 | +664.7% |
| Taxes | 450/3 | €2,375 | €18,162 | +€15,787 | +664.7% |
| Other amounts payable | 47/48 | €88,000 | €0 | -€88,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,403 | €1,403 | = | 0.0% |
| Non-recurring operating income | 76A | - | €377,898 | +€377,898 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,730 | €17,247 | +€9,517 | +123.1% |
| Other operating charges | 640/8 | €27,912 | €23,032 | -€4,879 | -17.5% |
| Gross operating margin | 9900 | €112,194 | €383,703 | +€271,508 | +242.0% |
| Operating profit (loss) | 9901 | €76,553 | €343,423 | +€266,870 | +348.6% |
| Financial income | 75/76B | €15,550 | €4,936 | -€10,614 | -68.3% |
| Recurring financial income | 75 | €15,550 | €4,936 | -€10,614 | -68.3% |
| Financial charges | 65/66B | €182 | €209 | +€27 | +14.5% |
| Recurring financial charges | 65 | €182 | €209 | +€27 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €91,920 | €348,150 | +€256,229 | +278.8% |
| Transfer from deferred taxes | 780 | - | €1,998 | +€1,998 | |
| Transfer to deferred taxes | 680 | €1,081 | €0 | -€1,081 | -100.0% |
| Income taxes | 67/77 | €23,566 | €89,645 | +€66,079 | +280.4% |
| Profit (loss) for the period | 9904 | €67,273 | €260,504 | +€193,230 | +287.2% |
| Transfer from tax-exempt reserves | 789 | €3,709 | €8,180 | +€4,470 | +120.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,983 | €268,683 | +€197,701 | +278.5% |
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 2 October 2026 via checked.be.