JEALEX: 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.
JEALEX
Largest movements
- Tangible fixed assets +€186,070
up €186,070 (+98.7%), from €188,568 to €374,638
of which Land and buildings: +€110,892
- Receivables within one year -€71,286
down €71,286 (-22.5%), from €317,304 to €246,018
- Debts after one year +€150,334
up €150,334 (+137%), from €109,902 to €260,236
- Trade debts -€38,546
down €38,546 (-83.9%), from €45,969 to €7,423
- Current portion of long-term debt +€30,434
up €30,434 (+156%), from €19,558 to €49,992
- Other debts -€16,040
down €16,040 (-6.1%), from €262,683 to €246,643
- Tax, wage and social debts -€7,867
down €7,867 (-21.3%), from €36,900 to €29,033
of which Taxes: -€8,033
- Gross operating margin +€46,714
up €46,714 (+26.8%), from €174,475 to €221,189
- Depreciation +€38,378
up €38,378 (+610%), from €6,287 to €44,665
- Staff costs +€24,523
up €24,523 (+19.4%), from €126,180 to €150,703
- Financial charges +€8,325
up €8,325 (+129%), from €6,441 to €14,766
- Financial income +€3,504
up €3,504 (+31,206%), from €11 to €3,516
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.
Derived cash bridge
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 | €527,207 | €639,146 | +€111,939 | +21.2% |
| Fixed assets | 21/28 | €192,151 | €377,221 | +€185,070 | +96.3% |
| Intangible fixed assets | 21 | €3,583 | €2,583 | -€1,000 | -27.9% |
| Tangible fixed assets | 22/27 | €188,568 | €374,638 | +€186,070 | +98.7% |
| Land and buildings | 22 | - | €110,892 | +€110,892 | |
| Plant, machinery and equipment | 23 | - | €5,362 | +€5,362 | |
| Furniture and vehicles | 24 | €177,613 | €249,307 | +€71,694 | +40.4% |
| Other tangible fixed assets | 26 | €10,955 | €9,077 | -€1,878 | -17.1% |
| Current assets | 29/58 | €335,056 | €261,925 | -€73,131 | -21.8% |
| Amounts receivable within one year | 40/41 | €317,304 | €246,018 | -€71,286 | -22.5% |
| Other amounts receivable | 41 | €317,304 | €246,018 | -€71,286 | -22.5% |
| Cash at bank and in hand | 54/58 | €7,874 | €5,721 | -€2,153 | -27.3% |
| Deferred charges and accrued income | 490/1 | €9,878 | €10,185 | +€308 | +3.1% |
| Total equity and liabilities | 10/49 | €527,207 | €639,146 | +€111,939 | +21.2% |
| Equity | 10/15 | €47,843 | €45,398 | -€2,444 | -5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,000 | €26,000 | -€3,000 | -10.3% |
| Distributable reserves | 133 | €29,000 | €26,000 | -€3,000 | -10.3% |
| Profit (loss) carried forward | 14 | €243 | €798 | +€556 | +229% |
| Amounts payable | 17/49 | €479,364 | €593,748 | +€114,384 | +23.9% |
| Amounts payable after more than one year | 17 | €109,902 | €260,236 | +€150,334 | +137% |
| Financial debts | 170/4 | €109,902 | €260,236 | +€150,334 | +137% |
| Amounts payable within one year | 42/48 | €368,885 | €333,091 | -€35,794 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €19,558 | €49,992 | +€30,434 | +156% |
| Financial debts | 43 | €3,776 | €0 | -€3,776 | -100% |
| Credit institutions | 430/8 | €3,776 | - | -€3,776 | |
| Trade debts | 44 | €45,969 | €7,423 | -€38,546 | -83.9% |
| Suppliers | 440/4 | €45,969 | €7,423 | -€38,546 | -83.9% |
| Taxes, remuneration and social security | 45 | €36,900 | €29,033 | -€7,867 | -21.3% |
| Taxes | 450/3 | €16,224 | €8,191 | -€8,033 | -49.5% |
| Remuneration and social security | 454/9 | €20,676 | €20,842 | +€165 | +0.8% |
| Other amounts payable | 47/48 | €262,683 | €246,643 | -€16,040 | -6.1% |
| Accrued charges and deferred income | 492/3 | €577 | €421 | -€156 | -27.0% |
| Remuneration, social security and pensions | 62 | €126,180 | €150,703 | +€24,523 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,287 | €44,665 | +€38,378 | +610% |
| Other operating charges | 640/8 | €11,948 | €9,666 | -€2,282 | -19.1% |
| Gross operating margin | 9900 | €174,475 | €221,189 | +€46,714 | +26.8% |
| Operating profit (loss) | 9901 | €30,061 | €16,156 | -€13,905 | -46.3% |
| Financial income | 75/76B | €11 | €3,516 | +€3,504 | +31,206% |
| Recurring financial income | 75 | €11 | €3,516 | +€3,504 | +31,206% |
| Financial charges | 65/66B | €6,441 | €14,766 | +€8,325 | +129% |
| Recurring financial charges | 65 | €6,441 | €14,766 | +€8,325 | +129% |
| Profit (loss) for the period before taxes | 9903 | €23,630 | €4,905 | -€18,726 | -79.2% |
| Income taxes | 67/77 | €8,293 | €7,349 | -€944 | -11.4% |
| Profit (loss) for the period | 9904 | €15,337 | -€2,444 | -€17,782 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,337 | -€2,444 | -€17,782 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.