JELEVI: 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.
JELEVI
Largest movements
- Cash -€11,650
down €11,650 (-20.4%), from €57,065 to €45,415
mainly Contributions, distributions and other (-€24,000) and Debts after one year (-€5,861)
- Receivables within one year -€4,669
down €4,669 (-6.7%), from €69,307 to €64,639
of which Other amounts receivable: -€3,988
- Reserves -€24,000
down €24,000 (-57.3%), from €41,860 to €17,860
of which Distributable reserves: -€24,000
- Other debts +€8,550
up €8,550 (+60.0%), from €14,250 to €22,800
- Current portion of long-term debt +€7,584
up €7,584 (+49.9%), from €15,192 to €22,776
- Debts after one year -€5,861
no longer reported in 2025 (was €5,861)
- Tax, wage and social debts -€4,841
down €4,841 (-9.4%), from €51,722 to €46,880
of which Taxes: -€4,345
- Gross operating margin -€40,781
down €40,781 (-15.1%), from €270,605 to €229,823
- Staff costs -€23,163
down €23,163 (-9.5%), from €243,566 to €220,403
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 | €130,312 | €114,053 | -€16,259 | -12.5% |
| Fixed assets | 21/28 | €3,147 | €3,220 | +€73 | +2.3% |
| Tangible fixed assets | 22/27 | €3,147 | €3,220 | +€73 | +2.3% |
| Land and buildings | 22 | €2,595 | €2,288 | -€307 | -11.8% |
| Furniture and vehicles | 24 | €552 | €932 | +€380 | +68.7% |
| Current assets | 29/58 | €127,164 | €110,833 | -€16,332 | -12.8% |
| Amounts receivable within one year | 40/41 | €69,307 | €64,639 | -€4,669 | -6.7% |
| Trade receivables | 40 | €60,114 | €59,433 | -€681 | -1.1% |
| Other amounts receivable | 41 | €9,193 | €5,206 | -€3,988 | -43.4% |
| Cash at bank and in hand | 54/58 | €57,065 | €45,415 | -€11,650 | -20.4% |
| Deferred charges and accrued income | 490/1 | €792 | €779 | -€14 | -1.7% |
| Total equity and liabilities | 10/49 | €130,312 | €114,053 | -€16,259 | -12.5% |
| Equity | 10/15 | €42,614 | €20,708 | -€21,906 | -51.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,860 | €17,860 | -€24,000 | -57.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €16,000 | -€24,000 | -60.0% |
| Profit (loss) carried forward | 14 | -€17,846 | -€15,752 | +€2,094 | +11.7% |
| Amounts payable | 17/49 | €87,698 | €93,345 | +€5,647 | +6.4% |
| Amounts payable after more than one year | 17 | €5,861 | - | -€5,861 | |
| Financial debts | 170/4 | €5,861 | - | -€5,861 | |
| Amounts payable within one year | 42/48 | €81,837 | €93,345 | +€11,508 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €15,192 | €22,776 | +€7,584 | +49.9% |
| Trade debts | 44 | €672 | €888 | +€215 | +32.0% |
| Suppliers | 440/4 | €672 | €888 | +€215 | +32.0% |
| Taxes, remuneration and social security | 45 | €51,722 | €46,880 | -€4,841 | -9.4% |
| Taxes | 450/3 | €26,301 | €21,956 | -€4,345 | -16.5% |
| Remuneration and social security | 454/9 | €25,420 | €24,924 | -€496 | -2.0% |
| Other amounts payable | 47/48 | €14,250 | €22,800 | +€8,550 | +60.0% |
| Remuneration, social security and pensions | 62 | €243,566 | €220,403 | -€23,163 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €781 | €670 | -€111 | -14.2% |
| Other operating charges | 640/8 | €411 | €955 | +€544 | +132.4% |
| Gross operating margin | 9900 | €270,605 | €229,823 | -€40,781 | -15.1% |
| Operating profit (loss) | 9901 | €25,847 | €7,795 | -€18,052 | -69.8% |
| Financial charges | 65/66B | €4,854 | €4,453 | -€401 | -8.3% |
| Recurring financial charges | 65 | €4,854 | €4,453 | -€401 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €20,993 | €3,343 | -€17,650 | -84.1% |
| Income taxes | 67/77 | €161 | €1,248 | +€1,088 | +677.5% |
| Profit (loss) for the period | 9904 | €20,833 | €2,094 | -€18,738 | -89.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,833 | €2,094 | -€18,738 | -89.9% |
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 4 October 2026 via checked.be.