Jelani Projects: 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.
Jelani Projects
Largest movements
- Cash -€20,083
down €20,083 (-25.1%), from €79,966 to €59,883
mainly Net result for the year (-€24,396) and Other debts (-€23,976)
- Profit (loss) carried forward -€24,396
down €24,396 (-21.4%), from -€114,035 to -€138,431
- Other debts -€23,976
down €23,976 (-97.0%), from €24,713 to €737
- Tax, wage and social debts +€22,119
up €22,119 (+54.5%), from €40,602 to €62,720
of which Taxes: +€26,320
- Debts after one year -€21,341
down €21,341 (-13.9%), from €153,000 to €131,659
of which Financial debts: -€20,841
- Trade debts +€12,413
up €12,413 (+15.3%), from €81,121 to €93,534
- Staff costs -€43,222
down €43,222 (-20.3%), from €213,401 to €170,179
- Gross operating margin +€30,455
up €30,455 (+19.6%), from €155,616 to €186,070
- Depreciation -€23,070
down €23,070 (-57.5%), from €40,102 to €17,032
- Other operating charges +€7,095
up €7,095 (+175.3%), from €4,048 to €11,143
- Financial charges -€3,217
down €3,217 (-20.6%), from €15,596 to €12,379
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 | €232,809 | €209,160 | -€23,648 | -10.2% |
| Fixed assets | 21/28 | €146,034 | €145,145 | -€888 | -0.6% |
| Intangible fixed assets | 21 | €2,690 | €2,080 | -€610 | -22.7% |
| Tangible fixed assets | 22/27 | €131,343 | €129,688 | -€1,655 | -1.3% |
| Plant, machinery and equipment | 23 | €7,901 | €10,313 | +€2,411 | +30.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €123,442 | €119,375 | -€4,067 | -3.3% |
| Financial fixed assets | 28 | €12,000 | €13,377 | +€1,377 | +11.5% |
| Current assets | 29/58 | €86,775 | €64,015 | -€22,760 | -26.2% |
| Stocks and contracts in progress | 3 | €3,638 | €2,894 | -€744 | -20.4% |
| Stocks | 30/36 | €3,638 | €2,894 | -€744 | -20.4% |
| Amounts receivable within one year | 40/41 | €3,171 | €1,238 | -€1,933 | -61.0% |
| Trade receivables | 40 | €1,875 | €1,238 | -€637 | -34.0% |
| Other amounts receivable | 41 | €1,296 | €0 | -€1,296 | -100.0% |
| Cash at bank and in hand | 54/58 | €79,966 | €59,883 | -€20,083 | -25.1% |
| Total equity and liabilities | 10/49 | €232,809 | €209,160 | -€23,648 | -10.2% |
| Equity | 10/15 | -€95,435 | -€119,831 | -€24,396 | -25.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€114,035 | -€138,431 | -€24,396 | -21.4% |
| Amounts payable | 17/49 | €328,243 | €328,991 | +€748 | +0.2% |
| Amounts payable after more than one year | 17 | €153,000 | €131,659 | -€21,341 | -13.9% |
| Financial debts | 170/4 | €70,000 | €49,159 | -€20,841 | -29.8% |
| Other amounts payable | 178/9 | €83,000 | €82,500 | -€500 | -0.6% |
| Amounts payable within one year | 42/48 | €175,243 | €197,333 | +€22,090 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €28,808 | €40,341 | +€11,534 | +40.0% |
| Trade debts | 44 | €81,121 | €93,534 | +€12,413 | +15.3% |
| Suppliers | 440/4 | €81,121 | €93,534 | +€12,413 | +15.3% |
| Taxes, remuneration and social security | 45 | €40,602 | €62,720 | +€22,119 | +54.5% |
| Taxes | 450/3 | €20,858 | €47,178 | +€26,320 | +126.2% |
| Remuneration and social security | 454/9 | €19,744 | €15,542 | -€4,202 | -21.3% |
| Other amounts payable | 47/48 | €24,713 | €737 | -€23,976 | -97.0% |
| Remuneration, social security and pensions | 62 | €213,401 | €170,179 | -€43,222 | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,102 | €17,032 | -€23,070 | -57.5% |
| Other operating charges | 640/8 | €4,048 | €11,143 | +€7,095 | +175.3% |
| Gross operating margin | 9900 | €155,616 | €186,070 | +€30,455 | +19.6% |
| Operating profit (loss) | 9901 | -€101,935 | -€12,284 | +€89,651 | +87.9% |
| Financial income | 75/76B | €1 | €267 | +€266 | +34551.9% |
| Recurring financial income | 75 | €1 | €267 | +€266 | +34551.9% |
| Financial charges | 65/66B | €15,596 | €12,379 | -€3,217 | -20.6% |
| Recurring financial charges | 65 | €15,596 | €12,379 | -€3,217 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€117,531 | -€24,396 | +€93,134 | +79.2% |
| Profit (loss) for the period | 9904 | -€117,531 | -€24,396 | +€93,134 | +79.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€117,531 | -€24,396 | +€93,134 | +79.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.