JL Aviation: 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 Aviation
Largest movements
- Receivables within one year -€190,400
down €190,400 (-49.9%), from €381,537 to €191,137
of which Trade receivables: -€150,148
- Cash +€185,895
up €185,895 (+841%), from €22,115 to €208,010
mainly Receivables within one year (+€190,400) and Depreciation (+€181,926)
- Tangible fixed assets +€85,694
up €85,694 (+1.6%), from €5.3m to €5.4m
- Other debts +€140,000
up €140,000 (+3.2%), from €4.4m to €4.5m
- Debts after one year -€90,383
down €90,383 (-11.1%), from €811,139 to €720,756
- Taxes -€17,326
down €17,326 (-95.3%), from €18,190 to €864
- Depreciation +€8,210
up €8,210 (+4.7%), from €173,716 to €181,926
- Financial charges -€6,654
down €6,654 (-4.4%), from €152,444 to €145,791
- Gross operating margin -€5,500
down €5,500 (-1.6%), from €334,646 to €329,146
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 | €5,670,770 | €5,763,750 | +€92,980 | +1.6% |
| Fixed assets | 21/28 | €5,267,118 | €5,352,811 | +€85,694 | +1.6% |
| Tangible fixed assets | 22/27 | €5,266,118 | €5,351,811 | +€85,694 | +1.6% |
| Furniture and vehicles | 24 | €5,266,118 | €5,351,811 | +€85,694 | +1.6% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €403,652 | €410,939 | +€7,287 | +1.8% |
| Amounts receivable within one year | 40/41 | €381,537 | €191,137 | -€190,400 | -49.9% |
| Trade receivables | 40 | €280,168 | €130,020 | -€150,148 | -53.6% |
| Other amounts receivable | 41 | €101,369 | €61,117 | -€40,252 | -39.7% |
| Cash at bank and in hand | 54/58 | €22,115 | €208,010 | +€185,895 | +841% |
| Deferred charges and accrued income | 490/1 | - | €11,791 | +€11,791 | |
| Total equity and liabilities | 10/49 | €5,670,770 | €5,763,750 | +€92,980 | +1.6% |
| Equity | 10/15 | €197,183 | €197,624 | +€440 | +0.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €47,183 | €47,624 | +€440 | +0.9% |
| Distributable reserves | 133 | €47,183 | €47,624 | +€440 | +0.9% |
| Amounts payable | 17/49 | €5,473,586 | €5,566,126 | +€92,540 | +1.7% |
| Amounts payable after more than one year | 17 | €811,139 | €720,756 | -€90,383 | -11.1% |
| Financial debts | 170/4 | €811,139 | €720,756 | -€90,383 | -11.1% |
| Amounts payable within one year | 42/48 | €4,635,880 | €4,815,106 | +€179,226 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €86,342 | €90,383 | +€4,041 | +4.7% |
| Trade debts | 44 | €146,566 | €183,860 | +€37,294 | +25.4% |
| Suppliers | 440/4 | €146,566 | €183,860 | +€37,294 | +25.4% |
| Taxes, remuneration and social security | 45 | €2,972 | €864 | -€2,109 | -70.9% |
| Taxes | 450/3 | €2,972 | €864 | -€2,109 | -70.9% |
| Other amounts payable | 47/48 | €4,400,000 | €4,540,000 | +€140,000 | +3.2% |
| Accrued charges and deferred income | 492/3 | €26,568 | €30,264 | +€3,697 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,716 | €181,926 | +€8,210 | +4.7% |
| Other operating charges | 640/8 | €513 | €1,126 | +€613 | +119% |
| Gross operating margin | 9900 | €334,646 | €329,146 | -€5,500 | -1.6% |
| Operating profit (loss) | 9901 | €160,416 | €146,094 | -€14,323 | -8.9% |
| Financial income | 75/76B | €702 | €1,001 | +€299 | +42.6% |
| Recurring financial income | 75 | €702 | €1,001 | +€299 | +42.6% |
| Financial charges | 65/66B | €152,444 | €145,791 | -€6,654 | -4.4% |
| Recurring financial charges | 65 | €152,444 | €145,791 | -€6,654 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €8,674 | €1,304 | -€7,370 | -85.0% |
| Income taxes | 67/77 | €18,190 | €864 | -€17,326 | -95.3% |
| Profit (loss) for the period | 9904 | -€9,516 | €440 | +€9,956 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,516 | €440 | +€9,956 |
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 28 October 2026 via checked.be.