JL HOLDING: 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 HOLDING
Largest movements
- Receivables within one year +€193,829
up €193,829 (+89.4%), from €216,859 to €410,688
of which Other amounts receivable: +€173,629
- Tangible fixed assets -€26,027
down €26,027 (-3.6%), from €717,700 to €691,673
- Reserves +€216,890
up €216,890 (+10.9%), from €2.0m to €2.2m
of which Distributable reserves: +€153,740
- Tax, wage and social debts -€53,071
down €53,071 (-77.0%), from €68,939 to €15,868
- Debts after one year +€45,442
up €45,442 (+20.0%), from €226,667 to €272,109
of which Other amounts payable: +€45,442
- Current portion of long-term debt -€39,811
down €39,811 (-70.3%), from €56,667 to €16,855
- Financial income -€434,780
down €434,780 (-96.5%), from €450,585 to €15,805
- Gross operating margin +€129,684
up €129,684 (+61.7%), from €210,328 to €340,012
- Financial charges -€5,399
down €5,399 (-22.8%), from €23,658 to €18,259
- Taxes +€5,251
up €5,251 (+6.1%), from €85,445 to €90,696
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 | €2,401,509 | €2,569,052 | +€167,543 | +7.0% |
| Fixed assets | 21/28 | €2,173,700 | €2,147,673 | -€26,027 | -1.2% |
| Tangible fixed assets | 22/27 | €717,700 | €691,673 | -€26,027 | -3.6% |
| Land and buildings | 22 | €717,700 | €691,673 | -€26,027 | -3.6% |
| Financial fixed assets | 28 | €1,456,000 | €1,456,000 | = | 0.0% |
| Current assets | 29/58 | €227,810 | €421,380 | +€193,570 | +85.0% |
| Amounts receivable within one year | 40/41 | €216,859 | €410,688 | +€193,829 | +89.4% |
| Trade receivables | 40 | €17,000 | €37,200 | +€20,200 | +119% |
| Other amounts receivable | 41 | €199,859 | €373,488 | +€173,629 | +86.9% |
| Cash at bank and in hand | 54/58 | €9,851 | €5,199 | -€4,652 | -47.2% |
| Deferred charges and accrued income | 490/1 | €1,100 | €5,493 | +€4,393 | +399% |
| Total equity and liabilities | 10/49 | €2,401,509 | €2,569,052 | +€167,543 | +7.0% |
| Equity | 10/15 | €2,044,493 | €2,261,383 | +€216,890 | +10.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,984,065 | €2,200,955 | +€216,890 | +10.9% |
| Tax-exempt reserves | 132 | €103,145 | €166,295 | +€63,150 | +61.2% |
| Distributable reserves | 133 | €1,880,920 | €2,034,660 | +€153,740 | +8.2% |
| Profit (loss) carried forward | 14 | €10,428 | €10,428 | = | 0.0% |
| Amounts payable | 17/49 | €357,017 | €307,669 | -€49,348 | -13.8% |
| Amounts payable after more than one year | 17 | €226,667 | €272,109 | +€45,442 | +20.0% |
| Financial debts | 170/4 | €226,667 | €226,667 | = | 0.0% |
| Other amounts payable | 178/9 | - | €45,442 | +€45,442 | |
| Amounts payable within one year | 42/48 | €130,350 | €35,560 | -€94,790 | -72.7% |
| Current portion of amounts payable after more than one year | 42 | €56,667 | €16,855 | -€39,811 | -70.3% |
| Trade debts | 44 | €4,745 | €2,837 | -€1,908 | -40.2% |
| Suppliers | 440/4 | €4,745 | €2,837 | -€1,908 | -40.2% |
| Taxes, remuneration and social security | 45 | €68,939 | €15,868 | -€53,071 | -77.0% |
| Taxes | 450/3 | €68,939 | €15,868 | -€53,071 | -77.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,027 | €26,027 | = | 0.0% |
| Other operating charges | 640/8 | €3,998 | €3,946 | -€53 | -1.3% |
| Gross operating margin | 9900 | €210,328 | €340,012 | +€129,684 | +61.7% |
| Operating profit (loss) | 9901 | €180,303 | €310,039 | +€129,737 | +72.0% |
| Financial income | 75/76B | €450,585 | €15,805 | -€434,780 | -96.5% |
| Recurring financial income | 75 | €450,585 | €15,805 | -€434,780 | -96.5% |
| Financial charges | 65/66B | €23,658 | €18,259 | -€5,399 | -22.8% |
| Recurring financial charges | 65 | €23,658 | €18,259 | -€5,399 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €607,230 | €307,586 | -€299,644 | -49.3% |
| Income taxes | 67/77 | €85,445 | €90,696 | +€5,251 | +6.1% |
| Profit (loss) for the period | 9904 | €521,785 | €216,890 | -€304,894 | -58.4% |
| Transfer from tax-exempt reserves | 789 | - | €63,150 | +€63,150 | |
| Transfer to tax-exempt reserves | 689 | €29,470 | €126,300 | +€96,830 | +329% |
| Profit (loss) for the period to be appropriated | 9905 | €492,315 | €153,740 | -€338,574 | -68.8% |
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 21 October 2026 via checked.be.