JELISA: what changed
What changed
JELISA
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€707,235
2024 · €263,905+€443,330
Equity
€6.6m
2024 · €6.0m+€584,330
Cash
€738,061
2024 · €585,540+€152,522
Balance sheet total
€9.1m
2024 · €8.4m+€662,622
Largest movements
Assets
- Tangible fixed assets +€517,457
up €517,457 (+15.2%), from €3.4m to €3.9m
of which Land and buildings: +€678,347
- Cash +€152,522
up €152,522 (+26.0%), from €585,540 to €738,061
mainly Net result for the year (+€707,235) and Depreciation (+€249,516)
Equity and liabilities
- Reserves +€584,330
up €584,330 (+9.8%), from €5.9m to €6.5m
of which Distributable reserves: +€630,566
- Other debts +€187,597
up €187,597 (+28.1%), from €667,211 to €854,808
- Debts after one year -€91,737
down €91,737 (-6.5%), from €1.4m to €1.3m
of which Financial debts: -€122,899
Income statement
- Financial income +€654,064
up €654,064 (+4,047%), from €16,161 to €670,225
- Gross operating margin -€134,635
down €134,635 (-20.1%), from €669,448 to €534,813
- Taxes +€88,679
up €88,679 (+231%), from €38,388 to €127,067
- Financial charges -€11,285
down €11,285 (-10.3%), from €109,493 to €98,208
of which Financial charges: -€13,989
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€263,905
Gross operating margin
-€134,635
Depreciation
+€2,412
Other operating charges
-€899
Financial income
+€654,064
Financial charges
+€11,285
Taxes
-€88,679
Deferred taxes and other
-€218
Result 2025
€707,235
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.2m
Investment
-€819,000
Financing
-€213,983
Cash 2024
€585,540
From operations (derived)
+€1.2m
Net result for the year
+€707,235
Depreciation
+€249,516
Receivables within one year
+€54,877
Deferred charges and accrued income
+€4,507
Provisions
-€11,849
Trade debts
-€2,860
Tax, wage and social debts
+€8,136
Other debts
+€187,597
Accrued charges and deferred income
-€11,653
Investment (derived)
-€819,000
Investment in fixed assets (net)
-€766,973
Current investments
-€52,028
Financing
-€213,983
Debts after one year
-€91,737
Current portion of long-term debt
+€659
Contributions, distributions and other
-€122,905
Cash 2025
€738,061
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,431,955 | €9,094,577 | +€662,622 | +7.9% |
| Fixed assets | 21/28 | €6,372,313 | €6,889,770 | +€517,457 | +8.1% |
| Tangible fixed assets | 22/27 | €3,402,762 | €3,920,219 | +€517,457 | +15.2% |
| Land and buildings | 22 | €2,986,598 | €3,664,946 | +€678,347 | +22.7% |
| Plant, machinery and equipment | 23 | €340,651 | €204,966 | -€135,685 | -39.8% |
| Furniture and vehicles | 24 | €67,093 | €41,887 | -€25,206 | -37.6% |
| Other tangible fixed assets | 26 | €8,420 | €8,420 | = | 0.0% |
| Financial fixed assets | 28 | €2,969,551 | €2,969,551 | = | 0.0% |
| Current assets | 29/58 | €2,059,642 | €2,204,807 | +€145,165 | +7.0% |
| Amounts receivable within one year | 40/41 | €116,803 | €61,927 | -€54,877 | -47.0% |
| Trade receivables | 40 | €116,453 | €41,927 | -€74,526 | -64.0% |
| Other amounts receivable | 41 | €351 | €20,000 | +€19,649 | +5,606% |
| Current investments | 50/53 | €1,351,000 | €1,403,028 | +€52,028 | +3.9% |
| Cash at bank and in hand | 54/58 | €585,540 | €738,061 | +€152,522 | +26.0% |
| Deferred charges and accrued income | 490/1 | €6,299 | €1,791 | -€4,507 | -71.6% |
| Total equity and liabilities | 10/49 | €8,431,955 | €9,094,577 | +€662,622 | +7.9% |
| Equity | 10/15 | €6,038,923 | €6,623,253 | +€584,330 | +9.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €5,938,923 | €6,523,253 | +€584,330 | +9.8% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €120,552 | €74,316 | -€46,236 | -38.4% |
| Distributable reserves | 133 | €5,808,371 | €6,438,937 | +€630,566 | +10.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €30,895 | €19,046 | -€11,849 | -38.4% |
| Deferred taxes | 168 | €30,895 | €19,046 | -€11,849 | -38.4% |
| Amounts payable | 17/49 | €2,362,136 | €2,452,278 | +€90,142 | +3.8% |
| Amounts payable after more than one year | 17 | €1,406,042 | €1,314,305 | -€91,737 | -6.5% |
| Financial debts | 170/4 | €217,842 | €94,943 | -€122,899 | -56.4% |
| Other amounts payable | 178/9 | €1,188,200 | €1,219,362 | +€31,162 | +2.6% |
| Amounts payable within one year | 42/48 | €852,198 | €1,045,729 | +€193,532 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €122,240 | €122,899 | +€659 | +0.5% |
| Trade debts | 44 | €5,665 | €2,805 | -€2,860 | -50.5% |
| Suppliers | 440/4 | €5,665 | €2,805 | -€2,860 | -50.5% |
| Taxes, remuneration and social security | 45 | €57,081 | €65,218 | +€8,136 | +14.3% |
| Taxes | 450/3 | €54,081 | €65,218 | +€11,136 | +20.6% |
| Remuneration and social security | 454/9 | €3,000 | €0 | -€3,000 | -100% |
| Other amounts payable | 47/48 | €667,211 | €854,808 | +€187,597 | +28.1% |
| Accrued charges and deferred income | 492/3 | €103,896 | €92,243 | -€11,653 | -11.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €251,928 | €249,516 | -€2,412 | -1.0% |
| Other operating charges | 640/8 | €33,962 | €34,861 | +€899 | +2.6% |
| Gross operating margin | 9900 | €669,448 | €534,813 | -€134,635 | -20.1% |
| Operating profit (loss) | 9901 | €383,558 | €250,435 | -€133,122 | -34.7% |
| Financial income | 75/76B | €16,161 | €670,225 | +€654,064 | +4,047% |
| Recurring financial income | 75 | €16,161 | €670,225 | +€654,064 | +4,047% |
| Financial charges | 65/66B | €109,493 | €98,208 | -€11,285 | -10.3% |
| Recurring financial charges | 65 | €109,493 | €95,504 | -€13,989 | -12.8% |
| Non-recurring financial charges | 66B | - | €2,704 | +€2,704 | |
| Profit (loss) for the period before taxes | 9903 | €290,226 | €822,452 | +€532,226 | +183% |
| Transfer from deferred taxes | 780 | €12,067 | €11,849 | -€218 | -1.8% |
| Income taxes | 67/77 | €38,388 | €127,067 | +€88,679 | +231% |
| Profit (loss) for the period | 9904 | €263,905 | €707,235 | +€443,330 | +168% |
| Transfer from tax-exempt reserves | 789 | €47,086 | €46,236 | -€850 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €310,991 | €753,471 | +€442,480 | +142% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.