JELA: 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.
JELA
Largest movements
- Cash -€147,667
down €147,667 (-86.6%), from €170,565 to €22,897
mainly Contributions, distributions and other (-€251,580) and Trade debts (-€22,935)
- Receivables within one year -€19,077
down €19,077 (-98.7%), from €19,323 to €246
of which Trade receivables: -€19,250
- Tangible fixed assets +€2,625
up €2,625 (+84.7%), from €3,099 to €5,724
- Profit (loss) carried forward -€162,486
down €162,486 (-100.0%), from €162,486 to €0
- Trade debts -€22,935
down €22,935 (-94.8%), from €24,203 to €1,268
- Other debts +€17,094
up €17,094, from €0 to €17,094
- Tax, wage and social debts +€3,043
up €3,043 (+50.6%), from €6,016 to €9,059
- Gross operating margin +€3,124
up €3,124 (+2.7%), from €114,791 to €117,915
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 | €195,205 | €29,921 | -€165,284 | -84.7% |
| Fixed assets | 21/28 | €3,099 | €5,724 | +€2,625 | +84.7% |
| Tangible fixed assets | 22/27 | €3,099 | €5,724 | +€2,625 | +84.7% |
| Furniture and vehicles | 24 | €3,099 | €5,724 | +€2,625 | +84.7% |
| Current assets | 29/58 | €192,107 | €24,197 | -€167,909 | -87.4% |
| Amounts receivable within one year | 40/41 | €19,323 | €246 | -€19,077 | -98.7% |
| Trade receivables | 40 | €19,250 | €0 | -€19,250 | -100.0% |
| Other amounts receivable | 41 | €73 | €246 | +€173 | +237.1% |
| Cash at bank and in hand | 54/58 | €170,565 | €22,897 | -€147,667 | -86.6% |
| Deferred charges and accrued income | 490/1 | €2,219 | €1,054 | -€1,165 | -52.5% |
| Total equity and liabilities | 10/49 | €195,205 | €29,921 | -€165,284 | -84.7% |
| Equity | 10/15 | €164,986 | €2,500 | -€162,486 | -98.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €162,486 | €0 | -€162,486 | -100.0% |
| Amounts payable | 17/49 | €30,219 | €27,421 | -€2,798 | -9.3% |
| Amounts payable within one year | 42/48 | €30,219 | €27,421 | -€2,798 | -9.3% |
| Trade debts | 44 | €24,203 | €1,268 | -€22,935 | -94.8% |
| Suppliers | 440/4 | €24,203 | €1,268 | -€22,935 | -94.8% |
| Taxes, remuneration and social security | 45 | €6,016 | €9,059 | +€3,043 | +50.6% |
| Taxes | 450/3 | €6,016 | €9,059 | +€3,043 | +50.6% |
| Other amounts payable | 47/48 | €0 | €17,094 | +€17,094 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,010 | €1,618 | +€608 | +60.2% |
| Other operating charges | 640/8 | €463 | €811 | +€348 | +75.3% |
| Gross operating margin | 9900 | €114,791 | €117,915 | +€3,124 | +2.7% |
| Operating profit (loss) | 9901 | €113,318 | €115,486 | +€2,167 | +1.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €74 | €70 | -€3 | -4.2% |
| Recurring financial charges | 65 | €74 | €70 | -€3 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €113,245 | €115,415 | +€2,171 | +1.9% |
| Income taxes | 67/77 | €25,456 | €26,321 | +€865 | +3.4% |
| Profit (loss) for the period | 9904 | €87,789 | €89,094 | +€1,305 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,789 | €89,094 | +€1,305 | +1.5% |
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 6 October 2026 via checked.be.