JL Advisory: 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.
JL Advisory
Largest movements
- Receivables within one year +€67,545
up €67,545 (+276.2%), from €24,459 to €92,005
of which Other amounts receivable: +€40,979
- Cash +€32,938
up €32,938 (+207.7%), from €15,859 to €48,796
mainly Other debts (+€148,000) and Net result for the year (+€91,951)
- Tangible fixed assets -€3,257
down €3,257 (-16.0%), from €20,292 to €17,035
of which Furniture and vehicles: -€6,832
- Other debts +€148,000
new in 2025: €148,000
- Reserves -€56,000
no longer reported in 2025 (was €56,000)
- Tax, wage and social debts +€5,326
up €5,326 (+162.2%), from €3,283 to €8,610
- Gross operating margin -€13,387
down €13,387 (-9.0%), from €148,463 to €135,076
- Taxes +€3,182
up €3,182 (+10.0%), from €31,947 to €35,128
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 | €60,685 | €158,394 | +€97,709 | +161.0% |
| Fixed assets | 21/28 | €20,367 | €17,035 | -€3,332 | -16.4% |
| Intangible fixed assets | 21 | €75 | - | -€75 | |
| Tangible fixed assets | 22/27 | €20,292 | €17,035 | -€3,257 | -16.0% |
| Furniture and vehicles | 24 | €18,604 | €11,771 | -€6,832 | -36.7% |
| Other tangible fixed assets | 26 | €1,688 | €5,264 | +€3,576 | +211.8% |
| Current assets | 29/58 | €40,318 | €141,359 | +€101,041 | +250.6% |
| Amounts receivable within one year | 40/41 | €24,459 | €92,005 | +€67,545 | +276.2% |
| Trade receivables | 40 | €13,291 | €39,857 | +€26,567 | +199.9% |
| Other amounts receivable | 41 | €11,169 | €52,147 | +€40,979 | +366.9% |
| Cash at bank and in hand | 54/58 | €15,859 | €48,796 | +€32,938 | +207.7% |
| Deferred charges and accrued income | 490/1 | - | €558 | +€558 | |
| Total equity and liabilities | 10/49 | €60,685 | €158,394 | +€97,709 | +161.0% |
| Equity | 10/15 | €57,352 | €1,303 | -€56,049 | -97.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €56,000 | - | -€56,000 | |
| Distributable reserves | 133 | €56,000 | - | -€56,000 | |
| Profit (loss) carried forward | 14 | €352 | €303 | -€49 | -14.0% |
| Amounts payable | 17/49 | €3,333 | €157,092 | +€153,759 | +4613.4% |
| Amounts payable within one year | 42/48 | €3,333 | €157,092 | +€153,759 | +4613.4% |
| Trade debts | 44 | €50 | €482 | +€432 | +871.7% |
| Suppliers | 440/4 | €50 | €482 | +€432 | +871.7% |
| Taxes, remuneration and social security | 45 | €3,283 | €8,610 | +€5,326 | +162.2% |
| Taxes | 450/3 | €3,283 | €8,610 | +€5,326 | +162.2% |
| Other amounts payable | 47/48 | - | €148,000 | +€148,000 | |
| Remuneration, social security and pensions | 62 | €165 | - | -€165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,582 | €8,856 | +€274 | +3.2% |
| Other operating charges | 640/8 | €63 | €474 | +€411 | +651.3% |
| Gross operating margin | 9900 | €148,463 | €135,076 | -€13,387 | -9.0% |
| Operating profit (loss) | 9901 | €139,653 | €125,745 | -€13,907 | -10.0% |
| Financial income | 75/76B | €71 | €1,452 | +€1,381 | +1945.2% |
| Recurring financial income | 75 | €71 | €1,452 | +€1,381 | +1945.2% |
| Financial charges | 65/66B | €125 | €119 | -€6 | -4.8% |
| Recurring financial charges | 65 | €125 | €119 | -€6 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €139,599 | €127,079 | -€12,520 | -9.0% |
| Income taxes | 67/77 | €31,947 | €35,128 | +€3,182 | +10.0% |
| Profit (loss) for the period | 9904 | €107,653 | €91,951 | -€15,702 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €107,653 | €91,951 | -€15,702 | -14.6% |
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 10 October 2026 via checked.be.