JHL SERVICES: 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.
JHL SERVICES
Largest movements
- Cash +€16,454
up €16,454 (+379.1%), from €4,340 to €20,794
mainly Net result for the year (+€33,832) and Depreciation (+€25,267)
- Tangible fixed assets -€6,878
down €6,878 (-2.0%), from €346,914 to €340,036
of which Land and buildings: -€19,305
- Reserves +€22,832
up €22,832 (+1230.8%), from €1,855 to €24,687
of which Distributable reserves: +€22,832
- Debts after one year -€22,389
down €22,389 (-10.0%), from €223,411 to €201,021
- Tax, wage and social debts +€14,445
up €14,445 (+115.6%), from €12,496 to €26,942
of which Taxes: +€16,194
- Gross operating margin +€24,503
up €24,503 (+42.4%), from €57,736 to €82,240
- Taxes +€8,264
up €8,264 (+161.6%), from €5,115 to €13,379
- Other operating charges -€1,750
down €1,750 (-58.6%), from €2,985 to €1,235
- Depreciation +€898
up €898 (+3.7%), from €24,369 to €25,267
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 | €369,714 | €377,620 | +€7,906 | +2.1% |
| Fixed assets | 21/28 | €353,653 | €346,775 | -€6,878 | -1.9% |
| Tangible fixed assets | 22/27 | €346,914 | €340,036 | -€6,878 | -2.0% |
| Land and buildings | 22 | €320,992 | €301,687 | -€19,305 | -6.0% |
| Plant, machinery and equipment | 23 | €23,860 | €37,873 | +€14,013 | +58.7% |
| Furniture and vehicles | 24 | €2,062 | €477 | -€1,585 | -76.9% |
| Financial fixed assets | 28 | €6,739 | €6,739 | = | 0.0% |
| Current assets | 29/58 | €16,060 | €30,844 | +€14,784 | +92.1% |
| Amounts receivable within one year | 40/41 | €8,956 | €7,984 | -€972 | -10.9% |
| Trade receivables | 40 | - | €480 | +€480 | |
| Other amounts receivable | 41 | €8,956 | €7,504 | -€1,452 | -16.2% |
| Cash at bank and in hand | 54/58 | €4,340 | €20,794 | +€16,454 | +379.1% |
| Deferred charges and accrued income | 490/1 | €2,765 | €2,066 | -€698 | -25.3% |
| Total equity and liabilities | 10/49 | €369,714 | €377,620 | +€7,906 | +2.1% |
| Equity | 10/15 | €88,508 | €111,341 | +€22,832 | +25.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €24,687 | +€22,832 | +1230.8% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | - | €22,832 | +€22,832 | |
| Profit (loss) carried forward | 14 | €80,453 | €80,453 | = | 0.0% |
| Amounts payable | 17/49 | €281,205 | €266,279 | -€14,926 | -5.3% |
| Amounts payable after more than one year | 17 | €223,411 | €201,021 | -€22,389 | -10.0% |
| Financial debts | 170/4 | €223,411 | €201,021 | -€22,389 | -10.0% |
| Amounts payable within one year | 42/48 | €57,795 | €65,258 | +€7,463 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €25,791 | €22,389 | -€3,402 | -13.2% |
| Trade debts | 44 | €6,650 | €4,927 | -€1,723 | -25.9% |
| Suppliers | 440/4 | €6,650 | €4,927 | -€1,723 | -25.9% |
| Taxes, remuneration and social security | 45 | €12,496 | €26,942 | +€14,445 | +115.6% |
| Taxes | 450/3 | €10,748 | €26,942 | +€16,194 | +150.7% |
| Remuneration and social security | 454/9 | €1,748 | - | -€1,748 | |
| Other amounts payable | 47/48 | €12,857 | €11,000 | -€1,857 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,369 | €25,267 | +€898 | +3.7% |
| Other operating charges | 640/8 | €2,985 | €1,235 | -€1,750 | -58.6% |
| Gross operating margin | 9900 | €57,736 | €82,240 | +€24,503 | +42.4% |
| Operating profit (loss) | 9901 | €30,383 | €55,738 | +€25,355 | +83.5% |
| Financial income | 75/76B | €6 | €35 | +€29 | +529.3% |
| Recurring financial income | 75 | €6 | €35 | +€29 | +529.3% |
| Financial charges | 65/66B | €8,300 | €8,561 | +€261 | +3.1% |
| Recurring financial charges | 65 | €8,300 | €8,561 | +€261 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €22,088 | €47,211 | +€25,122 | +113.7% |
| Income taxes | 67/77 | €5,115 | €13,379 | +€8,264 | +161.6% |
| Profit (loss) for the period | 9904 | €16,973 | €33,832 | +€16,859 | +99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,973 | €33,832 | +€16,859 | +99.3% |
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 5 October 2026 via checked.be.