JELL-IT: 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.
JELL-IT
Largest movements
- Receivables within one year +€103,867
up €103,867 (+410.7%), from €25,289 to €129,156
of which Trade receivables: +€107,316
- Cash -€47,518
down €47,518 (-74.7%), from €63,587 to €16,070
mainly Receivables within one year (-€103,867) and Investment in fixed assets (net) (-€7,261)
- Stocks and contracts -€12,750
down €12,750 (-100.0%), from €12,750 to €0
- Deferred charges and accrued income +€2,810
up €2,810 (+452.5%), from €621 to €3,431
- Reserves +€27,126
up €27,126 (+17.4%), from €156,296 to €183,422
of which Distributable reserves: +€27,126
- Accrued charges and deferred income +€8,000
new in 2025: €8,000
- Other debts +€6,523
new in 2025: €6,523
- Debts after one year +€3,316
new in 2025: €3,316
- Gross operating margin +€32,042
up €32,042 (+231.4%), from €13,845 to €45,886
- Taxes +€6,674
up €6,674 (+636.3%), from €1,049 to €7,723
- Depreciation +€1,979
up €1,979 (+28.1%), from €7,049 to €9,028
- Financial charges -€1,696
down €1,696 (-71.8%), from €2,361 to €665
- Staff costs -€908
down €908 (-57.3%), from €1,584 to €676
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 | €170,415 | €215,056 | +€44,642 | +26.2% |
| Fixed assets | 21/28 | €68,167 | €66,400 | -€1,767 | -2.6% |
| Intangible fixed assets | 21 | €5,730 | €4,537 | -€1,193 | -20.8% |
| Tangible fixed assets | 22/27 | €62,438 | €61,864 | -€574 | -0.9% |
| Land and buildings | 22 | €58,532 | €53,511 | -€5,021 | -8.6% |
| Plant, machinery and equipment | 23 | €204 | €1,156 | +€952 | +467.6% |
| Furniture and vehicles | 24 | €1,813 | €5,765 | +€3,952 | +218.0% |
| Other tangible fixed assets | 26 | €1,889 | €1,432 | -€457 | -24.2% |
| Current assets | 29/58 | €102,247 | €148,656 | +€46,409 | +45.4% |
| Stocks and contracts in progress | 3 | €12,750 | €0 | -€12,750 | -100.0% |
| Stocks | 30/36 | €12,750 | €0 | -€12,750 | -100.0% |
| Amounts receivable within one year | 40/41 | €25,289 | €129,156 | +€103,867 | +410.7% |
| Trade receivables | 40 | €12,622 | €119,938 | +€107,316 | +850.2% |
| Other amounts receivable | 41 | €12,667 | €9,218 | -€3,449 | -27.2% |
| Cash at bank and in hand | 54/58 | €63,587 | €16,070 | -€47,518 | -74.7% |
| Deferred charges and accrued income | 490/1 | €621 | €3,431 | +€2,810 | +452.5% |
| Total equity and liabilities | 10/49 | €170,415 | €215,056 | +€44,642 | +26.2% |
| Equity | 10/15 | €162,496 | €189,622 | +€27,126 | +16.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €156,296 | €183,422 | +€27,126 | +17.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €154,436 | €181,562 | +€27,126 | +17.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €7,919 | €25,435 | +€17,516 | +221.2% |
| Amounts payable after more than one year | 17 | - | €3,316 | +€3,316 | |
| Financial debts | 170/4 | - | €3,316 | +€3,316 | |
| Amounts payable within one year | 42/48 | €7,919 | €14,119 | +€6,200 | +78.3% |
| Current portion of amounts payable after more than one year | 42 | - | €1,813 | +€1,813 | |
| Financial debts | 43 | €4,057 | €2,992 | -€1,066 | -26.3% |
| Credit institutions | 430/8 | €4,057 | €2,992 | -€1,066 | -26.3% |
| Taxes, remuneration and social security | 45 | €3,861 | €2,791 | -€1,070 | -27.7% |
| Taxes | 450/3 | €3,861 | €2,791 | -€1,070 | -27.7% |
| Other amounts payable | 47/48 | - | €6,523 | +€6,523 | |
| Accrued charges and deferred income | 492/3 | - | €8,000 | +€8,000 | |
| Remuneration, social security and pensions | 62 | €1,584 | €676 | -€908 | -57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,049 | €9,028 | +€1,979 | +28.1% |
| Other operating charges | 640/8 | €989 | €683 | -€306 | -30.9% |
| Non-recurring operating charges | 66A | €116 | - | -€116 | |
| Gross operating margin | 9900 | €13,845 | €45,886 | +€32,042 | +231.4% |
| Operating profit (loss) | 9901 | €4,108 | €35,500 | +€31,392 | +764.2% |
| Financial income | 75/76B | €2 | €14 | +€12 | +734.9% |
| Recurring financial income | 75 | €2 | €14 | +€12 | +734.9% |
| Financial charges | 65/66B | €2,361 | €665 | -€1,696 | -71.8% |
| Recurring financial charges | 65 | €2,361 | €665 | -€1,696 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | €1,749 | €34,849 | +€33,101 | +1893.1% |
| Income taxes | 67/77 | €1,049 | €7,723 | +€6,674 | +636.3% |
| Profit (loss) for the period | 9904 | €700 | €27,126 | +€26,426 | +3777.1% |
| Profit (loss) for the period to be appropriated | 9905 | €700 | €27,126 | +€26,426 | +3777.1% |
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 5 October 2026 via checked.be.