JELINCO: 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.
JELINCO
Largest movements
- Tangible fixed assets -€11,001
down €11,001 (-29.0%), from €37,892 to €26,892
of which Furniture and vehicles: -€9,783
- Cash -€10,723
down €10,723 (-5.2%), from €204,370 to €193,647
mainly Net result for the year (-€22,658) and Receivables within one year (-€2,386)
- Reserves -€21,762
down €21,762 (-12.7%), from €171,262 to €149,500
- Other debts +€4,848
up €4,848 (+7.6%), from €63,593 to €68,441
- Gross operating margin -€44,410
down €44,410, from €32,685 to -€11,724
- Taxes -€6,092
down €6,092 (-97.8%), from €6,230 to €138
- Financial income +€661
up €661 (+136%), from €486 to €1,147
- Depreciation +€549
up €549 (+5.2%), from €10,452 to €11,001
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.
Derived cash bridge
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 | €256,296 | €236,973 | -€19,323 | -7.5% |
| Fixed assets | 21/28 | €37,892 | €26,892 | -€11,001 | -29.0% |
| Tangible fixed assets | 22/27 | €37,892 | €26,892 | -€11,001 | -29.0% |
| Plant, machinery and equipment | 23 | €3,693 | €2,476 | -€1,218 | -33.0% |
| Furniture and vehicles | 24 | €34,199 | €24,416 | -€9,783 | -28.6% |
| Current assets | 29/58 | €218,403 | €210,081 | -€8,322 | -3.8% |
| Amounts receivable within one year | 40/41 | €13,239 | €15,624 | +€2,386 | +18.0% |
| Trade receivables | 40 | €9,323 | €5,165 | -€4,157 | -44.6% |
| Other amounts receivable | 41 | €3,916 | €10,459 | +€6,543 | +167% |
| Cash at bank and in hand | 54/58 | €204,370 | €193,647 | -€10,723 | -5.2% |
| Deferred charges and accrued income | 490/1 | €795 | €810 | +€15 | +1.9% |
| Total equity and liabilities | 10/49 | €256,296 | €236,973 | -€19,323 | -7.5% |
| Equity | 10/15 | €189,862 | €167,204 | -€22,658 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €171,262 | €149,500 | -€21,762 | -12.7% |
| Distributable reserves | 133 | €171,262 | €149,500 | -€21,762 | -12.7% |
| Profit (loss) carried forward | 14 | - | -€896 | -€896 | |
| Amounts payable | 17/49 | €66,434 | €69,768 | +€3,335 | +5.0% |
| Amounts payable within one year | 42/48 | €66,434 | €69,768 | +€3,335 | +5.0% |
| Trade debts | 44 | €1,111 | €1,327 | +€216 | +19.4% |
| Suppliers | 440/4 | €1,111 | €1,327 | +€216 | +19.4% |
| Taxes, remuneration and social security | 45 | €1,729 | €0 | -€1,729 | -100% |
| Taxes | 450/3 | €1,729 | €0 | -€1,729 | -100% |
| Other amounts payable | 47/48 | €63,593 | €68,441 | +€4,848 | +7.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,452 | €11,001 | +€549 | +5.2% |
| Other operating charges | 640/8 | €552 | €550 | -€2 | -0.4% |
| Gross operating margin | 9900 | €32,685 | -€11,724 | -€44,410 | |
| Operating profit (loss) | 9901 | €21,681 | -€23,275 | -€44,956 | |
| Financial income | 75/76B | €486 | €1,147 | +€661 | +136% |
| Recurring financial income | 75 | €486 | €1,147 | +€661 | +136% |
| Financial charges | 65/66B | €415 | €392 | -€23 | -5.6% |
| Recurring financial charges | 65 | €415 | €392 | -€23 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €21,752 | -€22,520 | -€44,272 | |
| Income taxes | 67/77 | €6,230 | €138 | -€6,092 | -97.8% |
| Profit (loss) for the period | 9904 | €15,522 | -€22,658 | -€38,180 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,522 | -€22,658 | -€38,180 |
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 20 October 2026 via checked.be.