JL GROUP: 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 GROUP
Largest movements
- Cash -€39,481
down €39,481 (-94.1%), from €41,958 to €2,477
mainly Accrued charges and deferred income (-€25,234) and Stocks and contracts (-€17,600)
- Stocks and contracts +€17,600
new in 2025: €17,600
- Receivables within one year +€4,367
up €4,367 (+94.7%), from €4,611 to €8,978
of which Other amounts receivable: +€5,002
- Accrued charges and deferred income -€25,234
no longer reported in 2025 (was €25,234)
- Advances received +€7,500
new in 2025: €7,500
- Trade debts -€2,323
down €2,323 (-66.6%), from €3,491 to €1,168
- Tax, wage and social debts +€1,751
up €1,751 (+53.5%), from €3,270 to €5,021
of which Remuneration and social security: +€1,750
- Other debts +€561
new in 2025: €561
- Gross operating margin -€14,241
down €14,241 (-94.9%), from €15,010 to €769
- Taxes -€3,269
down €3,269 (-100.0%), from €3,270 to €1
- Depreciation -€1,506
no longer reported in 2025 (was €1,506)
- Other operating charges -€238
down €238 (-37.3%), from €637 to €400
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 | €46,569 | €29,055 | -€17,514 | -37.6% |
| Current assets | 29/58 | €46,569 | €29,055 | -€17,514 | -37.6% |
| Stocks and contracts in progress | 3 | - | €17,600 | +€17,600 | |
| Contracts in progress | 37 | - | €17,600 | +€17,600 | |
| Amounts receivable within one year | 40/41 | €4,611 | €8,978 | +€4,367 | +94.7% |
| Trade receivables | 40 | €3,304 | €2,669 | -€635 | -19.2% |
| Other amounts receivable | 41 | €1,307 | €6,309 | +€5,002 | +382.8% |
| Cash at bank and in hand | 54/58 | €41,958 | €2,477 | -€39,481 | -94.1% |
| Total equity and liabilities | 10/49 | €46,569 | €29,055 | -€17,514 | -37.6% |
| Equity | 10/15 | €14,573 | €14,806 | +€232 | +1.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,573 | €9,806 | +€232 | +2.4% |
| Amounts payable | 17/49 | €31,995 | €14,249 | -€17,746 | -55.5% |
| Amounts payable within one year | 42/48 | €6,761 | €14,249 | +€7,488 | +110.8% |
| Trade debts | 44 | €3,491 | €1,168 | -€2,323 | -66.6% |
| Suppliers | 440/4 | €3,491 | €1,168 | -€2,323 | -66.6% |
| Advances received on contracts in progress | 46 | - | €7,500 | +€7,500 | |
| Taxes, remuneration and social security | 45 | €3,270 | €5,021 | +€1,751 | +53.5% |
| Taxes | 450/3 | €3,270 | €3,271 | +€1 | 0.0% |
| Remuneration and social security | 454/9 | - | €1,750 | +€1,750 | |
| Other amounts payable | 47/48 | - | €561 | +€561 | |
| Accrued charges and deferred income | 492/3 | €25,234 | - | -€25,234 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,506 | - | -€1,506 | |
| Other operating charges | 640/8 | €637 | €400 | -€238 | -37.3% |
| Gross operating margin | 9900 | €15,010 | €769 | -€14,241 | -94.9% |
| Operating profit (loss) | 9901 | €12,867 | €370 | -€12,498 | -97.1% |
| Financial charges | 65/66B | €24 | €137 | +€113 | +473.3% |
| Recurring financial charges | 65 | €24 | €137 | +€113 | +473.3% |
| Profit (loss) for the period before taxes | 9903 | €12,843 | €233 | -€12,610 | -98.2% |
| Income taxes | 67/77 | €3,270 | €1 | -€3,269 | -100.0% |
| Profit (loss) for the period | 9904 | €9,573 | €232 | -€9,341 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,573 | €232 | -€9,341 | -97.6% |
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 9 October 2026 via checked.be.