JL DRAWINGS: 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 DRAWINGS
Largest movements
- Cash +€16,433
up €16,433 (+116.1%), from €14,152 to €30,585
mainly Net result for the year (+€28,766) and Tax, wage and social debts (+€6,666)
- Receivables within one year +€8,662
up €8,662 (+32.2%), from €26,876 to €35,538
of which Trade receivables: +€12,317
- Tangible fixed assets +€3,719
up €3,719 (+38.9%), from €9,571 to €13,290
of which Plant, machinery and equipment: +€2,959
- Reserves +€28,766
up €28,766 (+71.0%), from €40,488 to €69,254
- Tax, wage and social debts +€6,666
up €6,666 (+191.4%), from €3,482 to €10,148
- Contributions -€3,500
no longer reported in 2026 (was €3,500)
- Trade debts -€3,065
down €3,065 (-97.9%), from €3,129 to €64
- Gross operating margin -€12,823
down €12,823 (-20.7%), from €62,003 to €49,180
- Taxes -€1,288
down €1,288 (-7.9%), from €16,344 to €15,057
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,599 | €79,466 | +€28,867 | +57.0% |
| Fixed assets | 21/28 | €9,571 | €13,290 | +€3,719 | +38.9% |
| Tangible fixed assets | 22/27 | €9,571 | €13,290 | +€3,719 | +38.9% |
| Plant, machinery and equipment | 23 | €7,218 | €10,176 | +€2,959 | +41.0% |
| Furniture and vehicles | 24 | €2,353 | €1,817 | -€536 | -22.8% |
| Other tangible fixed assets | 26 | - | €1,297 | +€1,297 | |
| Current assets | 29/58 | €41,028 | €66,176 | +€25,148 | +61.3% |
| Amounts receivable within one year | 40/41 | €26,876 | €35,538 | +€8,662 | +32.2% |
| Trade receivables | 40 | €23,220 | €35,538 | +€12,317 | +53.0% |
| Other amounts receivable | 41 | €3,656 | - | -€3,656 | |
| Cash at bank and in hand | 54/58 | €14,152 | €30,585 | +€16,433 | +116.1% |
| Deferred charges and accrued income | 490/1 | - | €53 | +€53 | |
| Total equity and liabilities | 10/49 | €50,599 | €79,466 | +€28,867 | +57.0% |
| Equity | 10/15 | €43,988 | €69,254 | +€25,266 | +57.4% |
| Contributions | 10/11 | €3,500 | - | -€3,500 | |
| Reserves | 13 | €40,488 | €69,254 | +€28,766 | +71.0% |
| Distributable reserves | 133 | €40,488 | €69,254 | +€28,766 | +71.0% |
| Amounts payable | 17/49 | €6,612 | €10,212 | +€3,601 | +54.5% |
| Amounts payable within one year | 42/48 | €6,612 | €10,212 | +€3,601 | +54.5% |
| Trade debts | 44 | €3,129 | €64 | -€3,065 | -97.9% |
| Suppliers | 440/4 | €3,129 | €64 | -€3,065 | -97.9% |
| Taxes, remuneration and social security | 45 | €3,482 | €10,148 | +€6,666 | +191.4% |
| Taxes | 450/3 | €3,482 | €10,148 | +€6,666 | +191.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,024 | €4,243 | +€219 | +5.4% |
| Other operating charges | 640/8 | €1,086 | €595 | -€491 | -45.2% |
| Gross operating margin | 9900 | €62,003 | €49,180 | -€12,823 | -20.7% |
| Operating profit (loss) | 9901 | €56,893 | €44,342 | -€12,551 | -22.1% |
| Financial income | 75/76B | €60 | - | -€60 | |
| Recurring financial income | 75 | €60 | - | -€60 | |
| Financial charges | 65/66B | €121 | €520 | +€398 | +328.5% |
| Recurring financial charges | 65 | €121 | €520 | +€398 | +328.5% |
| Profit (loss) for the period before taxes | 9903 | €56,832 | €43,823 | -€13,009 | -22.9% |
| Income taxes | 67/77 | €16,344 | €15,057 | -€1,288 | -7.9% |
| Profit (loss) for the period | 9904 | €40,488 | €28,766 | -€11,722 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,488 | €28,766 | -€11,722 | -29.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.