JHL Land: 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.
JHL Land
Largest movements
- Stocks and contracts +€83,393
up €83,393 (+2.4%), from €3.5m to €3.6m
- Cash +€36,234
up €36,234 (+8,461%), from €428 to €36,662
mainly Short-term financial debts (+€150,000) and Accrued charges and deferred income (+€2,879)
- Short-term financial debts +€150,000
up €150,000 (+7.1%), from €2.1m to €2.3m
- Gross operating margin +€5,486
up €5,486 (+47.7%), from -€11,505 to -€6,019
- Financial charges -€2,447
down €2,447 (-8.0%), from €30,591 to €28,145
- Other operating charges +€1,077
up €1,077 (+1,352%), from €80 to €1,156
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 | €3,495,524 | €3,615,151 | +€119,627 | +3.4% |
| Current assets | 29/58 | €3,495,524 | €3,615,151 | +€119,627 | +3.4% |
| Stocks and contracts in progress | 3 | €3,495,096 | €3,578,489 | +€83,393 | +2.4% |
| Stocks | 30/36 | €3,495,096 | €3,578,489 | +€83,393 | +2.4% |
| Cash at bank and in hand | 54/58 | €428 | €36,662 | +€36,234 | +8,461% |
| Total equity and liabilities | 10/49 | €3,495,524 | €3,615,151 | +€119,627 | +3.4% |
| Equity | 10/15 | €762,415 | €727,095 | -€35,320 | -4.6% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€237,585 | -€272,905 | -€35,320 | -14.9% |
| Amounts payable | 17/49 | €2,733,109 | €2,888,056 | +€154,947 | +5.7% |
| Amounts payable within one year | 42/48 | €2,731,540 | €2,883,608 | +€152,068 | +5.6% |
| Financial debts | 43 | €2,100,000 | €2,250,000 | +€150,000 | +7.1% |
| Credit institutions | 430/8 | €2,100,000 | €2,250,000 | +€150,000 | +7.1% |
| Trade debts | 44 | €323 | €998 | +€675 | +209% |
| Suppliers | 440/4 | €323 | €998 | +€675 | +209% |
| Other amounts payable | 47/48 | €631,217 | €632,610 | +€1,393 | +0.2% |
| Accrued charges and deferred income | 492/3 | €1,569 | €4,448 | +€2,879 | +183% |
| Other operating charges | 640/8 | €80 | €1,156 | +€1,077 | +1,352% |
| Gross operating margin | 9900 | -€11,505 | -€6,019 | +€5,486 | +47.7% |
| Operating profit (loss) | 9901 | -€11,584 | -€7,175 | +€4,409 | +38.1% |
| Financial charges | 65/66B | €30,591 | €28,145 | -€2,447 | -8.0% |
| Recurring financial charges | 65 | €30,591 | €28,145 | -€2,447 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€42,176 | -€35,320 | +€6,856 | +16.3% |
| Profit (loss) for the period | 9904 | -€42,176 | -€35,320 | +€6,856 | +16.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,176 | -€35,320 | +€6,856 | +16.3% |
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 30 October 2026 via checked.be.