JELIUS: 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.
JELIUS
Largest movements
- Tangible fixed assets -€33,591
down €33,591 (-4.1%), from €813,220 to €779,629
of which Land and buildings: -€32,579
- Cash +€14,834
up €14,834 (+75.5%), from €19,642 to €34,475
mainly Net result for the year (+€89,494) and Depreciation (+€39,727)
- Reserves +€89,494
up €89,494 (+31.8%), from €281,212 to €370,706
of which Distributable reserves: +€89,494
- Other debts -€67,119
down €67,119 (-20.5%), from €327,683 to €260,565
- Debts after one year -€62,954
down €62,954 (-36.9%), from €170,736 to €107,782
of which Other amounts payable: -€45,000
- Tax, wage and social debts +€10,349
up €10,349 (+46.4%), from €22,280 to €32,629
- Gross operating margin +€38,283
up €38,283 (+23.8%), from €160,865 to €199,148
- Taxes +€12,239
up €12,239 (+35.6%), from €34,357 to €46,597
- Financial charges +€3,578
up €3,578 (+19.7%), from €18,148 to €21,725
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 | €858,562 | €831,912 | -€26,650 | -3.1% |
| Fixed assets | 21/28 | €816,370 | €782,779 | -€33,591 | -4.1% |
| Tangible fixed assets | 22/27 | €813,220 | €779,629 | -€33,591 | -4.1% |
| Land and buildings | 22 | €810,701 | €778,122 | -€32,579 | -4.0% |
| Furniture and vehicles | 24 | €2,519 | €1,507 | -€1,012 | -40.2% |
| Financial fixed assets | 28 | €3,150 | €3,150 | = | 0.0% |
| Current assets | 29/58 | €42,191 | €49,132 | +€6,941 | +16.5% |
| Amounts receivable within one year | 40/41 | €20,169 | €12,176 | -€7,993 | -39.6% |
| Trade receivables | 40 | €6,493 | €0 | -€6,493 | -100.0% |
| Other amounts receivable | 41 | €13,676 | €12,176 | -€1,500 | -11.0% |
| Cash at bank and in hand | 54/58 | €19,642 | €34,475 | +€14,834 | +75.5% |
| Deferred charges and accrued income | 490/1 | €2,381 | €2,481 | +€100 | +4.2% |
| Total equity and liabilities | 10/49 | €858,562 | €831,912 | -€26,650 | -3.1% |
| Equity | 10/15 | €301,212 | €390,706 | +€89,494 | +29.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €281,212 | €370,706 | +€89,494 | +31.8% |
| Tax-exempt reserves | 132 | €10,238 | €10,238 | = | 0.0% |
| Distributable reserves | 133 | €270,973 | €360,468 | +€89,494 | +33.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €557,350 | €441,206 | -€116,144 | -20.8% |
| Amounts payable after more than one year | 17 | €170,736 | €107,782 | -€62,954 | -36.9% |
| Financial debts | 170/4 | €80,736 | €62,782 | -€17,954 | -22.2% |
| Other amounts payable | 178/9 | €90,000 | €45,000 | -€45,000 | -50.0% |
| Amounts payable within one year | 42/48 | €370,614 | €317,424 | -€53,190 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €20,651 | €20,615 | -€35 | -0.2% |
| Trade debts | 44 | €0 | €3,615 | +€3,615 | |
| Suppliers | 440/4 | €0 | €3,615 | +€3,615 | |
| Taxes, remuneration and social security | 45 | €22,280 | €32,629 | +€10,349 | +46.4% |
| Taxes | 450/3 | €22,280 | €32,629 | +€10,349 | +46.4% |
| Other amounts payable | 47/48 | €327,683 | €260,565 | -€67,119 | -20.5% |
| Accrued charges and deferred income | 492/3 | €16,000 | €16,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,421 | €39,727 | -€694 | -1.7% |
| Other operating charges | 640/8 | €1,959 | €2,050 | +€91 | +4.7% |
| Gross operating margin | 9900 | €160,865 | €199,148 | +€38,283 | +23.8% |
| Operating profit (loss) | 9901 | €118,485 | €157,370 | +€38,885 | +32.8% |
| Financial income | 75/76B | €403 | €446 | +€43 | +10.7% |
| Recurring financial income | 75 | €403 | €446 | +€43 | +10.7% |
| Financial charges | 65/66B | €18,148 | €21,725 | +€3,578 | +19.7% |
| Recurring financial charges | 65 | €18,148 | €21,725 | +€3,578 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €100,740 | €136,091 | +€35,351 | +35.1% |
| Income taxes | 67/77 | €34,357 | €46,597 | +€12,239 | +35.6% |
| Profit (loss) for the period | 9904 | €66,383 | €89,494 | +€23,112 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,383 | €89,494 | +€23,112 | +34.8% |
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 7 October 2026 via checked.be.