JELI: 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.
JELI
Largest movements
- Cash -€2,203
down €2,203 (-60.4%), from €3,645 to €1,442
mainly Net result for the year (-€2,097) and Receivables within one year (-€326)
- Tangible fixed assets -€387
down €387 (-44.8%), from €864 to €477
- Receivables within one year +€326
up €326 (+845.6%), from €39 to €364
of which Other amounts receivable: +€210
- Profit (loss) carried forward -€2,097
down €2,097 (-145.4%), from -€1,442 to -€3,539
- Trade debts -€124
down €124 (-69.5%), from €179 to €54
- Gross operating margin -€2,696
down €2,696, from €1,562 to -€1,134
- Depreciation -€322
down €322 (-45.4%), from €709 to €387
- Financial charges +€114
up €114 (+209.0%), from €54 to €168
- Other operating charges -€99
down €99 (-19.5%), from €506 to €408
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 | €9,161 | €6,934 | -€2,227 | -24.3% |
| Fixed assets | 21/28 | €864 | €477 | -€387 | -44.8% |
| Tangible fixed assets | 22/27 | €864 | €477 | -€387 | -44.8% |
| Plant, machinery and equipment | 23 | €864 | €477 | -€387 | -44.8% |
| Current assets | 29/58 | €8,297 | €6,457 | -€1,840 | -22.2% |
| Stocks and contracts in progress | 3 | €4,613 | €4,613 | = | 0.0% |
| Stocks | 30/36 | €4,613 | €4,613 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €39 | €364 | +€326 | +845.6% |
| Trade receivables | 40 | - | €115 | +€115 | |
| Other amounts receivable | 41 | €39 | €249 | +€210 | +546.1% |
| Cash at bank and in hand | 54/58 | €3,645 | €1,442 | -€2,203 | -60.4% |
| Deferred charges and accrued income | 490/1 | - | €38 | +€38 | |
| Total equity and liabilities | 10/49 | €9,161 | €6,934 | -€2,227 | -24.3% |
| Equity | 10/15 | €6,968 | €4,871 | -€2,097 | -30.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €410 | €410 | = | 0.0% |
| Distributable reserves | 133 | €410 | €410 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,442 | -€3,539 | -€2,097 | -145.4% |
| Amounts payable | 17/49 | €2,194 | €2,063 | -€130 | -5.9% |
| Amounts payable within one year | 42/48 | €2,194 | €2,063 | -€130 | -5.9% |
| Trade debts | 44 | €179 | €54 | -€124 | -69.5% |
| Suppliers | 440/4 | €179 | €54 | -€124 | -69.5% |
| Other amounts payable | 47/48 | €2,015 | €2,009 | -€6 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €709 | €387 | -€322 | -45.4% |
| Other operating charges | 640/8 | €506 | €408 | -€99 | -19.5% |
| Gross operating margin | 9900 | €1,562 | -€1,134 | -€2,696 | |
| Operating profit (loss) | 9901 | €347 | -€1,929 | -€2,276 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €54 | €168 | +€114 | +209.0% |
| Recurring financial charges | 65 | €54 | €168 | +€114 | +209.0% |
| Profit (loss) for the period before taxes | 9903 | €293 | -€2,097 | -€2,390 | |
| Profit (loss) for the period | 9904 | €293 | -€2,097 | -€2,390 | |
| Profit (loss) for the period to be appropriated | 9905 | €293 | -€2,097 | -€2,390 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.