JELOCAT: 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.
JELOCAT
Largest movements
- Tangible fixed assets -€39,637
down €39,637 (-4.9%), from €812,058 to €772,422
of which Land and buildings: -€36,137
- Cash +€23,753
up €23,753 (+884.5%), from €2,685 to €26,438
mainly Depreciation (+€46,529) and Trade debts (+€864)
- Profit (loss) carried forward -€17,174
down €17,174 (-20.3%), from -€84,446 to -€101,620
- Depreciation -€46,076
down €46,076 (-49.8%), from €92,605 to €46,529
- Gross operating margin +€24,059
up €24,059 (+245.3%), from €9,809 to €33,867
- Other operating charges +€3,064
up €3,064 (+215.2%), from €1,424 to €4,488
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 | €815,554 | €799,834 | -€15,721 | -1.9% |
| Fixed assets | 21/28 | €812,058 | €772,422 | -€39,637 | -4.9% |
| Tangible fixed assets | 22/27 | €812,058 | €772,422 | -€39,637 | -4.9% |
| Land and buildings | 22 | €797,723 | €761,586 | -€36,137 | -4.5% |
| Furniture and vehicles | 24 | €14,336 | €10,836 | -€3,500 | -24.4% |
| Current assets | 29/58 | €3,496 | €27,412 | +€23,916 | +684.1% |
| Cash at bank and in hand | 54/58 | €2,685 | €26,438 | +€23,753 | +884.5% |
| Deferred charges and accrued income | 490/1 | €810 | €974 | +€163 | +20.2% |
| Total equity and liabilities | 10/49 | €815,554 | €799,834 | -€15,721 | -1.9% |
| Equity | 10/15 | €815,554 | €798,380 | -€17,174 | -2.1% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,446 | -€101,620 | -€17,174 | -20.3% |
| Amounts payable | 17/49 | - | €1,454 | +€1,454 | |
| Amounts payable within one year | 42/48 | - | €864 | +€864 | |
| Trade debts | 44 | - | €864 | +€864 | |
| Suppliers | 440/4 | - | €864 | +€864 | |
| Accrued charges and deferred income | 492/3 | - | €590 | +€590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,605 | €46,529 | -€46,076 | -49.8% |
| Other operating charges | 640/8 | €1,424 | €4,488 | +€3,064 | +215.2% |
| Gross operating margin | 9900 | €9,809 | €33,867 | +€24,059 | +245.3% |
| Operating profit (loss) | 9901 | -€84,221 | -€17,150 | +€67,071 | +79.6% |
| Financial income | 75/76B | €174 | €37 | -€137 | -78.6% |
| Recurring financial income | 75 | €174 | €37 | -€137 | -78.6% |
| Financial charges | 65/66B | €347 | €103 | -€245 | -70.4% |
| Recurring financial charges | 65 | €347 | €103 | -€245 | -70.4% |
| Profit (loss) for the period before taxes | 9903 | -€84,393 | -€17,215 | +€67,178 | +79.6% |
| Income taxes | 67/77 | €52 | -€41 | -€93 | |
| Profit (loss) for the period | 9904 | -€84,446 | -€17,174 | +€67,272 | +79.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€84,446 | -€17,174 | +€67,272 | +79.7% |
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 8 October 2026 via checked.be.