JAULINES: 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.
JAULINES
Largest movements
- Cash +€89,415
up €89,415 (+157.4%), from €56,808 to €146,223
mainly Current investments (+€60,000) and Depreciation (+€34,313)
- Current investments -€60,000
down €60,000 (-100.0%), from €60,000 to €0
- Tangible fixed assets -€30,673
down €30,673 (-25.4%), from €120,865 to €90,191
- Stocks and contracts +€3,713
up €3,713 (+28.3%), from €13,140 to €16,853
- Reserves +€28,502
up €28,502 (+25.2%), from €112,991 to €141,493
- Other debts -€13,617
down €13,617 (-23.8%), from €57,110 to €43,492
- Debts after one year -€10,986
down €10,986 (-45.9%), from €23,935 to €12,949
- Trade debts -€7,604
down €7,604 (-57.3%), from €13,264 to €5,660
- Tax, wage and social debts +€5,240
up €5,240 (+40.6%), from €12,907 to €18,147
of which Taxes: +€5,296
- Staff costs +€4,360
up €4,360 (+9.1%), from €48,040 to €52,400
- Financial charges +€2,257
up €2,257 (+80.0%), from €2,822 to €5,079
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 | €254,998 | €256,562 | +€1,564 | +0.6% |
| Fixed assets | 21/28 | €123,058 | €90,191 | -€32,867 | -26.7% |
| Intangible fixed assets | 21 | €2,194 | €0 | -€2,194 | -100.0% |
| Tangible fixed assets | 22/27 | €120,865 | €90,191 | -€30,673 | -25.4% |
| Plant, machinery and equipment | 23 | €63,446 | €49,404 | -€14,043 | -22.1% |
| Furniture and vehicles | 24 | €41,693 | €29,454 | -€12,239 | -29.4% |
| Other tangible fixed assets | 26 | €15,726 | €11,333 | -€4,392 | -27.9% |
| Current assets | 29/58 | €131,940 | €166,371 | +€34,431 | +26.1% |
| Stocks and contracts in progress | 3 | €13,140 | €16,853 | +€3,713 | +28.3% |
| Stocks | 30/36 | €13,140 | €16,853 | +€3,713 | +28.3% |
| Amounts receivable within one year | 40/41 | €706 | €733 | +€27 | +3.8% |
| Trade receivables | 40 | €8 | €50 | +€42 | +564.9% |
| Other amounts receivable | 41 | €698 | €683 | -€16 | -2.2% |
| Current investments | 50/53 | €60,000 | €0 | -€60,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €56,808 | €146,223 | +€89,415 | +157.4% |
| Deferred charges and accrued income | 490/1 | €1,286 | €2,562 | +€1,277 | +99.3% |
| Total equity and liabilities | 10/49 | €254,998 | €256,562 | +€1,564 | +0.6% |
| Equity | 10/15 | €131,591 | €160,093 | +€28,502 | +21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €112,991 | €141,493 | +€28,502 | +25.2% |
| Distributable reserves | 133 | €112,991 | €141,493 | +€28,502 | +25.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €123,407 | €96,469 | -€26,938 | -21.8% |
| Amounts payable after more than one year | 17 | €23,935 | €12,949 | -€10,986 | -45.9% |
| Financial debts | 170/4 | €23,935 | €12,949 | -€10,986 | -45.9% |
| Amounts payable within one year | 42/48 | €97,773 | €80,090 | -€17,683 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €10,882 | €10,986 | +€104 | +1.0% |
| Trade debts | 44 | €13,264 | €5,660 | -€7,604 | -57.3% |
| Suppliers | 440/4 | €13,264 | €5,660 | -€7,604 | -57.3% |
| Advances received on contracts in progress | 46 | €3,610 | €1,805 | -€1,805 | -50.0% |
| Taxes, remuneration and social security | 45 | €12,907 | €18,147 | +€5,240 | +40.6% |
| Taxes | 450/3 | €12,210 | €17,506 | +€5,296 | +43.4% |
| Remuneration and social security | 454/9 | €697 | €641 | -€56 | -8.1% |
| Other amounts payable | 47/48 | €57,110 | €43,492 | -€13,617 | -23.8% |
| Accrued charges and deferred income | 492/3 | €1,699 | €3,430 | +€1,731 | +101.9% |
| Remuneration, social security and pensions | 62 | €48,040 | €52,400 | +€4,360 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,778 | €34,313 | -€465 | -1.3% |
| Other operating charges | 640/8 | €2,668 | €2,620 | -€48 | -1.8% |
| Gross operating margin | 9900 | €139,287 | €138,898 | -€389 | -0.3% |
| Operating profit (loss) | 9901 | €53,802 | €49,566 | -€4,237 | -7.9% |
| Financial income | 75/76B | €31 | €1,332 | +€1,300 | +4156.7% |
| Recurring financial income | 75 | €31 | €1,332 | +€1,300 | +4156.7% |
| Financial charges | 65/66B | €2,822 | €5,079 | +€2,257 | +80.0% |
| Recurring financial charges | 65 | €2,822 | €5,079 | +€2,257 | +80.0% |
| Profit (loss) for the period before taxes | 9903 | €51,011 | €45,818 | -€5,194 | -10.2% |
| Income taxes | 67/77 | €16,605 | €15,650 | -€956 | -5.8% |
| Profit (loss) for the period | 9904 | €34,406 | €30,168 | -€4,238 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,406 | €30,168 | -€4,238 | -12.3% |
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.