JIHL UP: 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.
JIHL UP
Largest movements
- Receivables within one year -€5,382
down €5,382 (-69.0%), from €7,798 to €2,416
of which Trade receivables: -€5,918
- Tangible fixed assets -€5,236
down €5,236 (-4.7%), from €110,307 to €105,070
of which Land and buildings: -€3,453
- Debts after one year -€6,840
down €6,840 (-13.8%), from €49,725 to €42,885
- Profit (loss) carried forward -€3,403
down €3,403 (-12.1%), from €28,048 to €24,644
- Other debts +€1,994
up €1,994 (+9.4%), from €21,226 to €23,220
- Other operating charges -€1,098
down €1,098 (-70.5%), from €1,557 to €460
- Gross operating margin -€657
down €657 (-12.4%), from €5,303 to €4,646
- Depreciation -€225
down €225 (-4.1%), from €5,461 to €5,236
- Financial charges -€160
down €160 (-6.8%), from €2,349 to €2,189
- Taxes +€55
up €55 (+50.0%), from €110 to €165
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 | €135,137 | €126,135 | -€9,002 | -6.7% |
| Fixed assets | 21/28 | €110,307 | €105,070 | -€5,236 | -4.7% |
| Tangible fixed assets | 22/27 | €110,307 | €105,070 | -€5,236 | -4.7% |
| Land and buildings | 22 | €104,614 | €101,161 | -€3,453 | -3.3% |
| Plant, machinery and equipment | 23 | €5,213 | €3,910 | -€1,303 | -25.0% |
| Furniture and vehicles | 24 | €480 | €0 | -€480 | -100.0% |
| Current assets | 29/58 | €24,830 | €21,064 | -€3,766 | -15.2% |
| Amounts receivable within one year | 40/41 | €7,798 | €2,416 | -€5,382 | -69.0% |
| Trade receivables | 40 | €7,658 | €1,740 | -€5,918 | -77.3% |
| Other amounts receivable | 41 | €140 | €676 | +€536 | +383% |
| Cash at bank and in hand | 54/58 | €15,810 | €16,696 | +€886 | +5.6% |
| Deferred charges and accrued income | 490/1 | €1,222 | €1,952 | +€730 | +59.8% |
| Total equity and liabilities | 10/49 | €135,137 | €126,135 | -€9,002 | -6.7% |
| Equity | 10/15 | €48,508 | €45,104 | -€3,403 | -7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,048 | €24,644 | -€3,403 | -12.1% |
| Amounts payable | 17/49 | €86,630 | €81,031 | -€5,599 | -6.5% |
| Amounts payable after more than one year | 17 | €49,725 | €42,885 | -€6,840 | -13.8% |
| Financial debts | 170/4 | €49,725 | €42,885 | -€6,840 | -13.8% |
| Amounts payable within one year | 42/48 | €31,144 | €31,735 | +€591 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €6,669 | €6,840 | +€171 | +2.6% |
| Trade debts | 44 | €1,983 | €1,642 | -€342 | -17.2% |
| Suppliers | 440/4 | €1,983 | €1,642 | -€342 | -17.2% |
| Taxes, remuneration and social security | 45 | €1,266 | €33 | -€1,233 | -97.4% |
| Taxes | 450/3 | €1,266 | €33 | -€1,233 | -97.4% |
| Other amounts payable | 47/48 | €21,226 | €23,220 | +€1,994 | +9.4% |
| Accrued charges and deferred income | 492/3 | €5,760 | €6,410 | +€650 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,461 | €5,236 | -€225 | -4.1% |
| Other operating charges | 640/8 | €1,557 | €460 | -€1,098 | -70.5% |
| Gross operating margin | 9900 | €5,303 | €4,646 | -€657 | -12.4% |
| Operating profit (loss) | 9901 | -€1,715 | -€1,050 | +€665 | +38.8% |
| Financial charges | 65/66B | €2,349 | €2,189 | -€160 | -6.8% |
| Recurring financial charges | 65 | €2,349 | €2,189 | -€160 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,064 | -€3,238 | +€826 | +20.3% |
| Income taxes | 67/77 | €110 | €165 | +€55 | +50.0% |
| Profit (loss) for the period | 9904 | -€4,174 | -€3,403 | +€771 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,174 | -€3,403 | +€771 | +18.5% |
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 15 October 2026 via checked.be.