JELAN: 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.
What changed
JELAN
NACE 47.830, Retail sale of motorcycles and motorcycle parts and accessories
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,425
2024 · €342+€1,083
Equity
€249,668
2024 · €248,243+€1,425
Cash
€56,043
2024 · €32,575+€23,469
Balance sheet total
€1.3m
2024 · €1.4m-€34,963
Largest movements
Assets
- Receivables within one year -€34,590
down €34,590 (-16.0%), from €216,739 to €182,149
of which Trade receivables: -€38,688
- Cash +€23,469
up €23,469 (+72.0%), from €32,575 to €56,043
mainly Receivables within one year (+€34,590) and Trade debts (+€12,465)
- Financial fixed assets -€15,469
down €15,469 (-4.7%), from €327,044 to €311,574
Equity and liabilities
- Debts after one year -€59,813
down €59,813 (-12.5%), from €477,074 to €417,262
Income statement
- Financial charges -€20,554
down €20,554 (-57.9%), from €35,488 to €14,934
- Gross operating margin -€18,899
down €18,899 (-38.6%), from €48,937 to €30,038
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.
Result 2024
€342
Gross operating margin
-€18,899
Other operating charges
-€19
Financial income
-€290
Financial charges
+€20,554
Taxes
-€263
Result 2025
€1,425
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.
From operations
+€72,618
Investment
+€7,177
Financing
-€56,327
Cash 2024
€32,575
From operations (derived)
+€72,618
Net result for the year
+€1,425
Depreciation
+€9,743
Stocks and contracts
+€6,921
Receivables within one year
+€34,590
Trade debts
+€12,465
Tax, wage and social debts
-€4,256
Other debts
+€11,730
Investment (derived)
+€7,177
Investment in fixed assets (net)
+€7,177
Financing
-€56,327
Debts after one year
-€59,813
Current portion of long-term debt
+€3,486
Cash 2025
€56,043
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,356,693 | €1,321,730 | -€34,963 | -2.6% |
| Fixed assets | 21/28 | €743,329 | €726,408 | -€16,921 | -2.3% |
| Tangible fixed assets | 22/27 | €416,285 | €414,834 | -€1,451 | -0.3% |
| Land and buildings | 22 | €393,772 | €384,987 | -€8,785 | -2.2% |
| Plant, machinery and equipment | 23 | €13,730 | €21,064 | +€7,334 | +53.4% |
| Furniture and vehicles | 24 | €8,784 | €8,784 | = | 0.0% |
| Financial fixed assets | 28 | €327,044 | €311,574 | -€15,469 | -4.7% |
| Current assets | 29/58 | €613,364 | €595,322 | -€18,042 | -2.9% |
| Stocks and contracts in progress | 3 | €14,050 | €7,129 | -€6,921 | -49.3% |
| Stocks | 30/36 | €14,050 | €7,129 | -€6,921 | -49.3% |
| Amounts receivable within one year | 40/41 | €216,739 | €182,149 | -€34,590 | -16.0% |
| Trade receivables | 40 | €38,781 | €94 | -€38,688 | -99.8% |
| Other amounts receivable | 41 | €177,958 | €182,056 | +€4,098 | +2.3% |
| Current investments | 50/53 | €350,000 | €350,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €32,575 | €56,043 | +€23,469 | +72.0% |
| Total equity and liabilities | 10/49 | €1,356,693 | €1,321,730 | -€34,963 | -2.6% |
| Equity | 10/15 | €248,243 | €249,668 | +€1,425 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,134 | €1,134 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,134 | €1,134 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,134 | €1,134 | = | 0.0% |
| Profit (loss) carried forward | 14 | €228,509 | €229,934 | +€1,425 | +0.6% |
| Provisions and deferred taxes | 16 | €36,261 | €36,261 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €36,261 | €36,261 | = | 0.0% |
| Major repairs and maintenance | 162 | €36,261 | €36,261 | = | 0.0% |
| Amounts payable | 17/49 | €1,072,189 | €1,035,802 | -€36,388 | -3.4% |
| Amounts payable after more than one year | 17 | €477,074 | €417,262 | -€59,813 | -12.5% |
| Financial debts | 170/4 | €477,074 | €417,262 | -€59,813 | -12.5% |
| Amounts payable within one year | 42/48 | €595,115 | €618,540 | +€23,425 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €53,937 | €57,423 | +€3,486 | +6.5% |
| Trade debts | 44 | €9,869 | €22,333 | +€12,465 | +126.3% |
| Suppliers | 440/4 | €9,869 | €22,333 | +€12,465 | +126.3% |
| Taxes, remuneration and social security | 45 | €12,924 | €8,668 | -€4,256 | -32.9% |
| Taxes | 450/3 | €12,924 | €6,168 | -€6,756 | -52.3% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €518,385 | €530,115 | +€11,730 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,743 | €9,743 | = | 0.0% |
| Other operating charges | 640/8 | €3,561 | €3,580 | +€19 | +0.5% |
| Gross operating margin | 9900 | €48,937 | €30,038 | -€18,899 | -38.6% |
| Operating profit (loss) | 9901 | €35,633 | €16,715 | -€18,918 | -53.1% |
| Financial income | 75/76B | €290 | - | -€290 | |
| Recurring financial income | 75 | €290 | - | -€290 | |
| Financial charges | 65/66B | €35,488 | €14,934 | -€20,554 | -57.9% |
| Recurring financial charges | 65 | €35,488 | €14,934 | -€20,554 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | €436 | €1,781 | +€1,346 | +308.8% |
| Income taxes | 67/77 | €93 | €356 | +€263 | +281.5% |
| Profit (loss) for the period | 9904 | €342 | €1,425 | +€1,083 | +316.3% |
| Profit (loss) for the period to be appropriated | 9905 | €342 | €1,425 | +€1,083 | +316.3% |
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 10 October 2026 via checked.be.