JELA: 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.
JELA
Largest movements
- Cash +€117,353
up €117,353 (+280.3%), from €41,870 to €159,223
mainly Current investments (+€60,000) and Net result for the year (+€39,249)
- Current investments -€60,000
down €60,000 (-100.0%), from €60,000 to €0
- Tangible fixed assets -€21,519
down €21,519 (-9.2%), from €234,715 to €213,196
of which Land and buildings: -€12,919
- Reserves +€37,582
up €37,582 (+24.6%), from €152,939 to €190,521
- Debts after one year -€10,909
down €10,909 (-100.0%), from €10,909 to €0
- Tax, wage and social debts +€4,560
up €4,560 (+354.3%), from €1,287 to €5,847
- Gross operating margin +€58,386
up €58,386 (+321.3%), from €18,172 to €76,558
- Taxes +€18,824
up €18,824 (+52289.6%), from €36 to €18,860
- Financial income +€2,551
up €2,551 (+274.9%), from €928 to €3,479
- Depreciation -€1,118
down €1,118 (-4.9%), from €22,637 to €21,519
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 | €346,107 | €377,249 | +€31,142 | +9.0% |
| Fixed assets | 21/28 | €234,715 | €213,196 | -€21,519 | -9.2% |
| Tangible fixed assets | 22/27 | €234,715 | €213,196 | -€21,519 | -9.2% |
| Land and buildings | 22 | €209,787 | €196,868 | -€12,919 | -6.2% |
| Furniture and vehicles | 24 | €24,928 | €16,328 | -€8,600 | -34.5% |
| Current assets | 29/58 | €111,392 | €164,053 | +€52,661 | +47.3% |
| Stocks and contracts in progress | 3 | €2,598 | €2,146 | -€452 | -17.4% |
| Stocks | 30/36 | €2,598 | €2,146 | -€452 | -17.4% |
| Amounts receivable within one year | 40/41 | €2,273 | €1,055 | -€1,218 | -53.6% |
| Trade receivables | 40 | - | €1,013 | +€1,013 | |
| Other amounts receivable | 41 | €2,273 | €42 | -€2,231 | -98.1% |
| Current investments | 50/53 | €60,000 | €0 | -€60,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €41,870 | €159,223 | +€117,353 | +280.3% |
| Deferred charges and accrued income | 490/1 | €4,651 | €1,629 | -€3,022 | -65.0% |
| Total equity and liabilities | 10/49 | €346,107 | €377,249 | +€31,142 | +9.0% |
| Equity | 10/15 | €297,298 | €334,880 | +€37,582 | +12.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €152,939 | €190,521 | +€37,582 | +24.6% |
| Distributable reserves | 133 | €152,939 | €190,521 | +€37,582 | +24.6% |
| Profit (loss) carried forward | 14 | €44,359 | €44,359 | +€0 | 0.0% |
| Amounts payable | 17/49 | €48,809 | €42,369 | -€6,440 | -13.2% |
| Amounts payable after more than one year | 17 | €10,909 | €0 | -€10,909 | -100.0% |
| Financial debts | 170/4 | €10,909 | €0 | -€10,909 | -100.0% |
| Amounts payable within one year | 42/48 | €37,900 | €42,339 | +€4,439 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €10,803 | €10,909 | +€106 | +1.0% |
| Financial debts | 43 | - | €3,375 | +€3,375 | |
| Credit institutions | 430/8 | - | €3,375 | +€3,375 | |
| Trade debts | 44 | €2,095 | €1,850 | -€245 | -11.7% |
| Suppliers | 440/4 | €2,095 | €1,850 | -€245 | -11.7% |
| Taxes, remuneration and social security | 45 | €1,287 | €5,847 | +€4,560 | +354.3% |
| Taxes | 450/3 | €1,287 | €5,847 | +€4,560 | +354.3% |
| Other amounts payable | 47/48 | €23,715 | €20,357 | -€3,358 | -14.2% |
| Accrued charges and deferred income | 492/3 | - | €30 | +€30 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,637 | €21,519 | -€1,118 | -4.9% |
| Gross operating margin | 9900 | €18,172 | €76,558 | +€58,386 | +321.3% |
| Operating profit (loss) | 9901 | -€4,465 | €55,039 | +€59,504 | |
| Financial income | 75/76B | €928 | €3,479 | +€2,551 | +274.9% |
| Recurring financial income | 75 | €928 | €3,479 | +€2,551 | +274.9% |
| Financial charges | 65/66B | €344 | €410 | +€66 | +19.1% |
| Recurring financial charges | 65 | €344 | €410 | +€66 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,881 | €58,109 | +€61,990 | |
| Income taxes | 67/77 | €36 | €18,860 | +€18,824 | +52289.6% |
| Profit (loss) for the period | 9904 | -€3,917 | €39,249 | +€43,166 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,917 | €39,249 | +€43,166 |
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 9 October 2026 via checked.be.