JELUFA: 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.
JELUFA
Largest movements
- Receivables within one year -€300,000
down €300,000 (-35.4%), from €847,520 to €547,520
- Cash +€179,619
up €179,619 (+180.6%), from €99,448 to €279,068
mainly Receivables within one year (+€300,000) and Net result for the year (+€42,764)
- Other debts -€113,554
down €113,554 (-97.6%), from €116,304 to €2,749
- Reserves +€42,764
up €42,764 (+3.5%), from €1.2m to €1.3m
of which Distributable reserves: +€42,764
- Tax, wage and social debts -€27,536
down €27,536 (-55.7%), from €49,393 to €21,856
- Financial income -€589,892
down €589,892 (-100.0%), from €590,010 to €119
of which Non-recurring financial income: -€589,962
- Taxes -€50,001
down €50,001 (-69.5%), from €71,893 to €21,892
- Gross operating margin +€7,606
up €7,606 (+8.2%), from €92,901 to €100,507
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,550,637 | €1,446,659 | -€103,978 | -6.7% |
| Fixed assets | 21/28 | €603,669 | €613,870 | +€10,201 | +1.7% |
| Tangible fixed assets | 22/27 | €603,639 | €613,840 | +€10,201 | +1.7% |
| Land and buildings | 22 | €603,639 | €613,840 | +€10,201 | +1.7% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €946,968 | €832,790 | -€114,179 | -12.1% |
| Amounts receivable within one year | 40/41 | €847,520 | €547,520 | -€300,000 | -35.4% |
| Other amounts receivable | 41 | €847,520 | €547,520 | -€300,000 | -35.4% |
| Cash at bank and in hand | 54/58 | €99,448 | €279,068 | +€179,619 | +180.6% |
| Deferred charges and accrued income | 490/1 | €0 | €6,202 | +€6,202 | |
| Total equity and liabilities | 10/49 | €1,550,637 | €1,446,659 | -€103,978 | -6.7% |
| Equity | 10/15 | €1,376,421 | €1,419,185 | +€42,764 | +3.1% |
| Contributions | 10/11 | €144,000 | €144,000 | = | 0.0% |
| Contributions outside capital | 11 | €144,000 | €144,000 | = | 0.0% |
| Other | 1109/19 | €144,000 | €144,000 | = | 0.0% |
| Reserves | 13 | €1,232,421 | €1,275,185 | +€42,764 | +3.5% |
| Non-distributable reserves | 130/1 | €49,579 | €49,579 | = | 0.0% |
| Reserves not available under the articles | 1311 | €49,579 | €49,579 | = | 0.0% |
| Distributable reserves | 133 | €1,182,842 | €1,225,606 | +€42,764 | +3.6% |
| Amounts payable | 17/49 | €174,217 | €27,474 | -€146,742 | -84.2% |
| Amounts payable within one year | 42/48 | €174,217 | €27,324 | -€146,892 | -84.3% |
| Trade debts | 44 | €8,520 | €2,719 | -€5,802 | -68.1% |
| Suppliers | 440/4 | €8,520 | €2,719 | -€5,802 | -68.1% |
| Taxes, remuneration and social security | 45 | €49,393 | €21,856 | -€27,536 | -55.7% |
| Taxes | 450/3 | €49,393 | €21,856 | -€27,536 | -55.7% |
| Other amounts payable | 47/48 | €116,304 | €2,749 | -€113,554 | -97.6% |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,450 | €17,207 | +€757 | +4.6% |
| Other operating charges | 640/8 | €18,945 | €18,644 | -€300 | -1.6% |
| Gross operating margin | 9900 | €92,901 | €100,507 | +€7,606 | +8.2% |
| Operating profit (loss) | 9901 | €57,506 | €64,656 | +€7,149 | +12.4% |
| Financial income | 75/76B | €590,010 | €119 | -€589,892 | -100.0% |
| Recurring financial income | 75 | €48 | €119 | +€70 | +145.8% |
| Non-recurring financial income | 76B | €589,962 | €0 | -€589,962 | -100.0% |
| Financial charges | 65/66B | €131 | €118 | -€14 | -10.3% |
| Recurring financial charges | 65 | €131 | €118 | -€14 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €647,385 | €64,656 | -€582,729 | -90.0% |
| Income taxes | 67/77 | €71,893 | €21,892 | -€50,001 | -69.5% |
| Profit (loss) for the period | 9904 | €575,492 | €42,764 | -€532,728 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €575,492 | €42,764 | -€532,728 | -92.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.