JCL: 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.
JCL
Largest movements
- Cash +€7,199
up €7,199 (+44.9%), from €16,022 to €23,221
mainly Net result for the year (+€9,646) and Tax, wage and social debts (+€2,336)
- Tangible fixed assets -€772
down €772 (-26.5%), from €2,912 to €2,140
- Deferred charges and accrued income +€501
up €501 (+251.4%), from €199 to €701
- Profit (loss) carried forward +€9,646
up €9,646 (+15.1%), from -€64,051 to -€54,405
- Other debts -€5,199
down €5,199 (-17.2%), from €30,243 to €25,044
- Tax, wage and social debts +€2,336
up €2,336 (+9.8%), from €23,791 to €26,127
of which Taxes: +€2,969
- Gross operating margin +€18,457
up €18,457 (+14.2%), from €129,553 to €148,010
- Staff costs +€12,519
up €12,519 (+10.2%), from €122,654 to €135,173
- Taxes +€2,250
new in 2025: €2,250
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 | €21,248 | €28,159 | +€6,911 | +32.5% |
| Fixed assets | 21/28 | €2,912 | €2,140 | -€772 | -26.5% |
| Tangible fixed assets | 22/27 | €2,912 | €2,140 | -€772 | -26.5% |
| Plant, machinery and equipment | 23 | €2,912 | €2,140 | -€772 | -26.5% |
| Current assets | 29/58 | €18,335 | €26,019 | +€7,683 | +41.9% |
| Amounts receivable within one year | 40/41 | €2,114 | €2,097 | -€17 | -0.8% |
| Trade receivables | 40 | €2,114 | €2,097 | -€17 | -0.8% |
| Cash at bank and in hand | 54/58 | €16,022 | €23,221 | +€7,199 | +44.9% |
| Deferred charges and accrued income | 490/1 | €199 | €701 | +€501 | +251.4% |
| Total equity and liabilities | 10/49 | €21,248 | €28,159 | +€6,911 | +32.5% |
| Equity | 10/15 | -€35,215 | -€25,569 | +€9,646 | +27.4% |
| Contributions | 10/11 | €20,515 | €20,515 | = | 0.0% |
| Reserves | 13 | €8,321 | €8,321 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,321 | €8,321 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,051 | -€54,405 | +€9,646 | +15.1% |
| Amounts payable | 17/49 | €56,463 | €53,728 | -€2,735 | -4.8% |
| Amounts payable within one year | 42/48 | €56,463 | €53,728 | -€2,735 | -4.8% |
| Trade debts | 44 | €2,429 | €2,557 | +€129 | +5.3% |
| Suppliers | 440/4 | €2,429 | €2,557 | +€129 | +5.3% |
| Taxes, remuneration and social security | 45 | €23,791 | €26,127 | +€2,336 | +9.8% |
| Taxes | 450/3 | €1,531 | €4,500 | +€2,969 | +193.9% |
| Remuneration and social security | 454/9 | €22,260 | €21,627 | -€633 | -2.8% |
| Other amounts payable | 47/48 | €30,243 | €25,044 | -€5,199 | -17.2% |
| Remuneration, social security and pensions | 62 | €122,654 | €135,173 | +€12,519 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €772 | €772 | = | 0.0% |
| Other operating charges | 640/8 | €259 | - | -€259 | |
| Non-recurring operating charges | 66A | €85,624 | - | -€85,624 | |
| Gross operating margin | 9900 | €129,553 | €148,010 | +€18,457 | +14.2% |
| Operating profit (loss) | 9901 | -€79,756 | €12,065 | +€91,821 | |
| Financial income | 75/76B | €22 | €3 | -€19 | -86.4% |
| Recurring financial income | 75 | €22 | €3 | -€19 | -86.4% |
| Financial charges | 65/66B | €1,011 | €172 | -€839 | -83.0% |
| Recurring financial charges | 65 | €1,011 | €172 | -€839 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | -€80,745 | €11,896 | +€92,642 | |
| Income taxes | 67/77 | - | €2,250 | +€2,250 | |
| Profit (loss) for the period | 9904 | -€80,745 | €9,646 | +€90,392 | |
| Profit (loss) for the period to be appropriated | 9905 | -€80,745 | €9,646 | +€90,392 |
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 11 October 2026 via checked.be.