JELOFEM: 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.
JELOFEM
Largest movements
- Receivables within one year +€27,921
up €27,921 (+13.9%), from €200,487 to €228,407
of which Other amounts receivable: +€24,139
- Tangible fixed assets -€20,912
down €20,912 (-65.9%), from €31,723 to €10,810
of which Plant, machinery and equipment: -€15,000
- Deferred charges and accrued income -€11,660
down €11,660 (-51.2%), from €22,758 to €11,098
- Cash -€9,191
down €9,191 (-6.2%), from €147,707 to €138,516
mainly Contributions, distributions and other (-€82,353) and Receivables within one year (-€27,921)
- Other debts +€71,559
up €71,559 (+16081.7%), from €445 to €72,003
- Reserves -€61,995
down €61,995 (-16.3%), from €379,994 to €317,999
- Current portion of long-term debt -€14,885
down €14,885 (-100.0%), from €14,885 to €0
- Trade debts -€5,243
down €5,243 (-48.4%), from €10,838 to €5,595
- Gross operating margin +€9,015
up €9,015 (+20.2%), from €44,580 to €53,595
- Taxes +€1,861
up €1,861 (+27.0%), from €6,888 to €8,749
- Financial charges -€541
down €541 (-27.6%), from €1,961 to €1,420
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 | €443,482 | €429,640 | -€13,842 | -3.1% |
| Fixed assets | 21/28 | €31,723 | €10,810 | -€20,912 | -65.9% |
| Tangible fixed assets | 22/27 | €31,723 | €10,810 | -€20,912 | -65.9% |
| Plant, machinery and equipment | 23 | €21,534 | €6,534 | -€15,000 | -69.7% |
| Furniture and vehicles | 24 | €10,188 | €4,276 | -€5,912 | -58.0% |
| Current assets | 29/58 | €411,760 | €418,829 | +€7,070 | +1.7% |
| Amounts receivable within one year | 40/41 | €200,487 | €228,407 | +€27,921 | +13.9% |
| Trade receivables | 40 | €45,375 | €49,156 | +€3,781 | +8.3% |
| Other amounts receivable | 41 | €155,112 | €179,251 | +€24,139 | +15.6% |
| Current investments | 50/53 | €40,808 | €40,808 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €147,707 | €138,516 | -€9,191 | -6.2% |
| Deferred charges and accrued income | 490/1 | €22,758 | €11,098 | -€11,660 | -51.2% |
| Total equity and liabilities | 10/49 | €443,482 | €429,640 | -€13,842 | -3.1% |
| Equity | 10/15 | €398,594 | €336,599 | -€61,995 | -15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €379,994 | €317,999 | -€61,995 | -16.3% |
| Distributable reserves | 133 | €379,994 | €317,999 | -€61,995 | -16.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €44,888 | €93,041 | +€48,153 | +107.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €44,888 | €93,041 | +€48,153 | +107.3% |
| Current portion of amounts payable after more than one year | 42 | €14,885 | €0 | -€14,885 | -100.0% |
| Financial debts | 43 | €8,015 | €6,761 | -€1,254 | -15.6% |
| Credit institutions | 430/8 | €8,015 | €6,761 | -€1,254 | -15.6% |
| Trade debts | 44 | €10,838 | €5,595 | -€5,243 | -48.4% |
| Suppliers | 440/4 | €10,838 | €5,595 | -€5,243 | -48.4% |
| Taxes, remuneration and social security | 45 | €10,704 | €8,681 | -€2,023 | -18.9% |
| Taxes | 450/3 | €8,204 | €6,181 | -€2,023 | -24.7% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €445 | €72,003 | +€71,559 | +16081.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,912 | €20,912 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,012 | €2,156 | +€144 | +7.2% |
| Gross operating margin | 9900 | €44,580 | €53,595 | +€9,015 | +20.2% |
| Operating profit (loss) | 9901 | €21,655 | €30,527 | +€8,871 | +41.0% |
| Financial charges | 65/66B | €1,961 | €1,420 | -€541 | -27.6% |
| Recurring financial charges | 65 | €1,961 | €1,420 | -€541 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €19,694 | €29,107 | +€9,413 | +47.8% |
| Income taxes | 67/77 | €6,888 | €8,749 | +€1,861 | +27.0% |
| Profit (loss) for the period | 9904 | €12,806 | €20,358 | +€7,552 | +59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,806 | €20,358 | +€7,552 | +59.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.