JILLCO: 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.
What changed
JILLCO
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€174,716
2024 · €1,829+€172,887
Equity
€890,295
2024 · €715,579+€174,716
Cash
€16,599
2024 · €23,564-€6,965
Balance sheet total
€2.1m
2024 · €2.2m-€88,189
Largest movements
Assets
- Tangible fixed assets -€82,313
down €82,313 (-3.9%), from €2.1m to €2.0m
of which Land and buildings: -€83,408
Equity and liabilities
- Debts after one year -€303,105
down €303,105 (-25.3%), from €1.2m to €896,106
- Reserves +€174,716
up €174,716 (+26.7%), from €653,579 to €828,295
of which Distributable reserves: +€137,703
- Current portion of long-term debt +€32,194
up €32,194 (+34.3%), from €93,848 to €126,042
Income statement
- Gross operating margin +€259,459
up €259,459 (+147%), from €176,423 to €435,882
- Taxes +€52,522
up €52,522 (+543%), from €9,678 to €62,200
- Other operating charges +€6,021
up €6,021 (+23.0%), from €26,150 to €32,171
- Financial charges +€4,756
up €4,756 (+91.6%), from €5,193 to €9,949
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.
Result 2024
€1,829
Gross operating margin
+€259,459
Depreciation
-€2,593
Other operating charges
-€6,021
Other operating items
-€238
Financial income
+€1
Financial charges
-€4,756
Taxes
-€52,522
Deferred taxes and other
-€20,443
Result 2025
€174,716
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€325,904
Investment
-€61,958
Financing
-€270,911
Cash 2024
€23,564
From operations (derived)
+€325,904
Net result for the year
+€174,716
Depreciation
+€144,271
Receivables within one year
-€8,114
Deferred charges and accrued income
+€7,026
Provisions
+€12,338
Trade debts
+€11,821
Tax, wage and social debts
-€3,954
Other debts
-€12,149
Accrued charges and deferred income
-€50
Investment (derived)
-€61,958
Investment in fixed assets (net)
-€61,958
Financing
-€270,911
Debts after one year
-€303,105
Current portion of long-term debt
+€32,194
Cash 2025
€16,599
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,170,387 | €2,082,199 | -€88,189 | -4.1% |
| Fixed assets | 21/28 | €2,125,880 | €2,043,568 | -€82,313 | -3.9% |
| Tangible fixed assets | 22/27 | €2,125,781 | €2,043,468 | -€82,313 | -3.9% |
| Land and buildings | 22 | €2,125,543 | €2,042,134 | -€83,408 | -3.9% |
| Plant, machinery and equipment | 23 | €238 | €1,334 | +€1,096 | +460% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €44,507 | €38,631 | -€5,876 | -13.2% |
| Amounts receivable within one year | 40/41 | €9,845 | €17,959 | +€8,114 | +82.4% |
| Trade receivables | 40 | €8,567 | €8,567 | = | 0.0% |
| Other amounts receivable | 41 | €1,278 | €9,392 | +€8,114 | +635% |
| Cash at bank and in hand | 54/58 | €23,564 | €16,599 | -€6,965 | -29.6% |
| Deferred charges and accrued income | 490/1 | €11,098 | €4,073 | -€7,026 | -63.3% |
| Total equity and liabilities | 10/49 | €2,170,387 | €2,082,199 | -€88,189 | -4.1% |
| Equity | 10/15 | €715,579 | €890,295 | +€174,716 | +24.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €653,579 | €828,295 | +€174,716 | +26.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €372,159 | €409,172 | +€37,013 | +9.9% |
| Distributable reserves | 133 | €275,220 | €412,923 | +€137,703 | +50.0% |
| Provisions and deferred taxes | 16 | €124,053 | €136,391 | +€12,338 | +9.9% |
| Deferred taxes | 168 | €124,053 | €136,391 | +€12,338 | +9.9% |
| Amounts payable | 17/49 | €1,330,755 | €1,055,513 | -€275,242 | -20.7% |
| Amounts payable after more than one year | 17 | €1,199,211 | €896,106 | -€303,105 | -25.3% |
| Financial debts | 170/4 | €1,199,211 | €896,106 | -€303,105 | -25.3% |
| Amounts payable within one year | 42/48 | €128,994 | €156,907 | +€27,913 | +21.6% |
| Current portion of amounts payable after more than one year | 42 | €93,848 | €126,042 | +€32,194 | +34.3% |
| Trade debts | 44 | €11,133 | €22,953 | +€11,821 | +106% |
| Suppliers | 440/4 | €11,133 | €22,953 | +€11,821 | +106% |
| Taxes, remuneration and social security | 45 | €9,336 | €5,382 | -€3,954 | -42.3% |
| Taxes | 450/3 | €9,336 | €5,382 | -€3,954 | -42.3% |
| Other amounts payable | 47/48 | €14,678 | €2,529 | -€12,149 | -82.8% |
| Accrued charges and deferred income | 492/3 | €2,550 | €2,500 | -€50 | -2.0% |
| Non-recurring operating income | 76A | - | €226,861 | +€226,861 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,679 | €144,271 | +€2,593 | +1.8% |
| Other operating charges | 640/8 | €26,150 | €32,171 | +€6,021 | +23.0% |
| Non-recurring operating charges | 66A | - | €238 | +€238 | |
| Gross operating margin | 9900 | €176,423 | €435,882 | +€259,459 | +147% |
| Operating profit (loss) | 9901 | €8,594 | €259,202 | +€250,607 | +2,916% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €5,193 | €9,949 | +€4,756 | +91.6% |
| Recurring financial charges | 65 | €5,193 | €9,949 | +€4,756 | +91.6% |
| Profit (loss) for the period before taxes | 9903 | €3,402 | €249,253 | +€245,852 | +7,228% |
| Transfer from deferred taxes | 780 | €8,106 | €40,271 | +€32,166 | +397% |
| Transfer to deferred taxes | 680 | - | €52,609 | +€52,609 | |
| Income taxes | 67/77 | €9,678 | €62,200 | +€52,522 | +543% |
| Profit (loss) for the period | 9904 | €1,829 | €174,716 | +€172,887 | +9,452% |
| Transfer from tax-exempt reserves | 789 | €24,317 | €120,814 | +€96,497 | +397% |
| Transfer to tax-exempt reserves | 689 | - | €157,827 | +€157,827 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,146 | €137,703 | +€111,557 | +427% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.