JELEI: 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.
JELEI
Largest movements
- Cash +€139,067
up €139,067 (+835.5%), from €16,644 to €155,711
mainly Net result for the year (+€214,608) and Tax, wage and social debts (+€17,387)
- Deferred charges and accrued income +€95,534
up €95,534 (+89.1%), from €107,164 to €202,698
- Tangible fixed assets -€16,633
down €16,633 (-23.1%), from €72,050 to €55,417
of which Leasing and similar rights: -€14,909
- Reserves +€214,608
up €214,608 (+157.0%), from €136,696 to €351,304
- Tax, wage and social debts +€17,387
up €17,387 (+171.1%), from €10,161 to €27,549
- Debts after one year -€14,466
down €14,466 (-37.2%), from €38,868 to €24,401
- Gross operating margin +€162,459
up €162,459 (+117.3%), from €138,448 to €300,907
- Taxes +€39,887
up €39,887 (+147.4%), from €27,061 to €66,949
- Depreciation +€5,388
up €5,388 (+47.9%), from €11,245 to €16,633
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 | €208,358 | €426,325 | +€217,967 | +104.6% |
| Fixed assets | 21/28 | €72,050 | €55,417 | -€16,633 | -23.1% |
| Tangible fixed assets | 22/27 | €72,050 | €55,417 | -€16,633 | -23.1% |
| Furniture and vehicles | 24 | €7,022 | €5,298 | -€1,724 | -24.6% |
| Leasing and similar rights | 25 | €65,027 | €50,118 | -€14,909 | -22.9% |
| Current assets | 29/58 | €136,308 | €370,909 | +€234,600 | +172.1% |
| Amounts receivable within one year | 40/41 | €12,500 | €12,500 | = | 0.0% |
| Other amounts receivable | 41 | €12,500 | €12,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,644 | €155,711 | +€139,067 | +835.5% |
| Deferred charges and accrued income | 490/1 | €107,164 | €202,698 | +€95,534 | +89.1% |
| Total equity and liabilities | 10/49 | €208,358 | €426,325 | +€217,967 | +104.6% |
| Equity | 10/15 | €137,896 | €352,504 | +€214,608 | +155.6% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €136,696 | €351,304 | +€214,608 | +157.0% |
| Distributable reserves | 133 | €136,696 | €351,304 | +€214,608 | +157.0% |
| Amounts payable | 17/49 | €70,462 | €73,821 | +€3,359 | +4.8% |
| Amounts payable after more than one year | 17 | €38,868 | €24,401 | -€14,466 | -37.2% |
| Financial debts | 170/4 | €38,868 | €24,401 | -€14,466 | -37.2% |
| Amounts payable within one year | 42/48 | €30,755 | €49,420 | +€18,665 | +60.7% |
| Current portion of amounts payable after more than one year | 42 | €13,948 | €14,466 | +€519 | +3.7% |
| Trade debts | 44 | €2,006 | €2,420 | +€414 | +20.6% |
| Suppliers | 440/4 | €2,006 | €2,420 | +€414 | +20.6% |
| Taxes, remuneration and social security | 45 | €10,161 | €27,549 | +€17,387 | +171.1% |
| Taxes | 450/3 | €10,161 | €27,549 | +€17,387 | +171.1% |
| Other amounts payable | 47/48 | €4,640 | €4,985 | +€345 | +7.4% |
| Accrued charges and deferred income | 492/3 | €839 | - | -€839 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,245 | €16,633 | +€5,388 | +47.9% |
| Other operating charges | 640/8 | €1,169 | €1,021 | -€148 | -12.7% |
| Gross operating margin | 9900 | €138,448 | €300,907 | +€162,459 | +117.3% |
| Operating profit (loss) | 9901 | €126,034 | €283,253 | +€157,219 | +124.7% |
| Financial charges | 65/66B | €1,391 | €1,697 | +€306 | +22.0% |
| Recurring financial charges | 65 | €1,391 | €1,697 | +€306 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €124,643 | €281,557 | +€156,913 | +125.9% |
| Income taxes | 67/77 | €27,061 | €66,949 | +€39,887 | +147.4% |
| Profit (loss) for the period | 9904 | €97,582 | €214,608 | +€117,026 | +119.9% |
| Profit (loss) for the period to be appropriated | 9905 | €97,582 | €214,608 | +€117,026 | +119.9% |
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.