JELOUART: 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.
JELOUART
Largest movements
- Cash +€78,057
up €78,057 (+62.4%), from €125,014 to €203,071
mainly Net result for the year (+€77,520) and Other debts (+€50,000)
- Other debts +€50,000
up €50,000 (+38.4%), from €130,064 to €180,064
- Profit (loss) carried forward +€18,696
up €18,696 (+15.4%), from €121,166 to €139,862
- Tax, wage and social debts +€8,823
new in 2025: €8,823
- Financial income +€35,000
up €35,000 (+77.8%), from €45,000 to €80,000
- Other operating charges +€399
new in 2025: €399
- Gross operating margin -€106
down €106 (-7.9%), from -€1,343 to -€1,449
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.
Derived cash bridge
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 | €256,230 | €333,749 | +€77,519 | +30.3% |
| Formation expenses | 20 | €1,216 | €678 | -€538 | -44.2% |
| Fixed assets | 21/28 | €130,000 | €130,000 | = | 0.0% |
| Financial fixed assets | 28 | €130,000 | €130,000 | = | 0.0% |
| Current assets | 29/58 | €125,014 | €203,071 | +€78,057 | +62.4% |
| Cash at bank and in hand | 54/58 | €125,014 | €203,071 | +€78,057 | +62.4% |
| Total equity and liabilities | 10/49 | €256,230 | €333,749 | +€77,519 | +30.3% |
| Equity | 10/15 | €126,166 | €144,862 | +€18,696 | +14.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,166 | €139,862 | +€18,696 | +15.4% |
| Amounts payable | 17/49 | €130,064 | €188,887 | +€58,823 | +45.2% |
| Amounts payable within one year | 42/48 | €130,064 | €188,887 | +€58,823 | +45.2% |
| Taxes, remuneration and social security | 45 | - | €8,823 | +€8,823 | |
| Taxes | 450/3 | - | €8,823 | +€8,823 | |
| Other amounts payable | 47/48 | €130,064 | €180,064 | +€50,000 | +38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €538 | €538 | = | 0.0% |
| Other operating charges | 640/8 | - | €399 | +€399 | |
| Gross operating margin | 9900 | -€1,343 | -€1,449 | -€106 | -7.9% |
| Operating profit (loss) | 9901 | -€1,881 | -€2,386 | -€505 | -26.8% |
| Financial income | 75/76B | €45,000 | €80,000 | +€35,000 | +77.8% |
| Recurring financial income | 75 | €45,000 | €80,000 | +€35,000 | +77.8% |
| Financial charges | 65/66B | €93 | €94 | +€1 | +1.1% |
| Recurring financial charges | 65 | €93 | €94 | +€1 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €43,026 | €77,520 | +€34,494 | +80.2% |
| Profit (loss) for the period | 9904 | €43,026 | €77,520 | +€34,494 | +80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,026 | €77,520 | +€34,494 | +80.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.