JL - SYSTEMS: 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 - SYSTEMS
Largest movements
- Tangible fixed assets +€6,293
up €6,293 (+10.3%), from €61,168 to €67,461
of which Furniture and vehicles: +€4,969
- Cash +€3,458
up €3,458 (+17.5%), from €19,722 to €23,180
mainly Net result for the year (+€19,274) and Depreciation (+€14,108)
- Receivables within one year -€2,396
down €2,396 (-9.1%), from €26,423 to €24,027
- Reserves +€19,274
up €19,274 (+50.3%), from €38,350 to €57,624
of which Distributable reserves: +€19,274
- Current portion of long-term debt -€10,840
down €10,840 (-52.3%), from €20,729 to €9,889
- Trade debts +€7,309
up €7,309 (+16,238%), from €45 to €7,354
- Other debts -€7,174
down €7,174 (-95.9%), from €7,483 to €309
- Tax, wage and social debts -€4,647
down €4,647 (-26.8%), from €17,317 to €12,670
- Gross operating margin -€9,333
down €9,333 (-17.5%), from €53,426 to €44,092
- Depreciation -€4,173
down €4,173 (-22.8%), from €18,282 to €14,108
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 | €107,854 | €115,550 | +€7,696 | +7.1% |
| Fixed assets | 21/28 | €61,168 | €67,461 | +€6,293 | +10.3% |
| Tangible fixed assets | 22/27 | €61,168 | €67,461 | +€6,293 | +10.3% |
| Plant, machinery and equipment | 23 | €692 | €2,016 | +€1,324 | +191% |
| Furniture and vehicles | 24 | €60,476 | €65,445 | +€4,969 | +8.2% |
| Current assets | 29/58 | €46,686 | €48,088 | +€1,403 | +3.0% |
| Stocks and contracts in progress | 3 | €541 | €882 | +€341 | +63.1% |
| Stocks | 30/36 | €541 | €882 | +€341 | +63.1% |
| Amounts receivable within one year | 40/41 | €26,423 | €24,027 | -€2,396 | -9.1% |
| Trade receivables | 40 | €26,423 | €24,027 | -€2,396 | -9.1% |
| Cash at bank and in hand | 54/58 | €19,722 | €23,180 | +€3,458 | +17.5% |
| Total equity and liabilities | 10/49 | €107,854 | €115,550 | +€7,696 | +7.1% |
| Equity | 10/15 | €58,350 | €77,624 | +€19,274 | +33.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €38,350 | €57,624 | +€19,274 | +50.3% |
| Non-distributable reserves | 130/1 | €2,057 | €2,057 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,057 | €2,057 | = | 0.0% |
| Distributable reserves | 133 | €36,293 | €55,566 | +€19,274 | +53.1% |
| Amounts payable | 17/49 | €49,504 | €37,926 | -€11,578 | -23.4% |
| Amounts payable after more than one year | 17 | €3,930 | €7,705 | +€3,775 | +96.0% |
| Financial debts | 170/4 | €3,930 | €7,705 | +€3,775 | +96.0% |
| Amounts payable within one year | 42/48 | €45,573 | €30,221 | -€15,353 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €20,729 | €9,889 | -€10,840 | -52.3% |
| Trade debts | 44 | €45 | €7,354 | +€7,309 | +16,238% |
| Suppliers | 440/4 | €45 | €7,354 | +€7,309 | +16,238% |
| Taxes, remuneration and social security | 45 | €17,317 | €12,670 | -€4,647 | -26.8% |
| Taxes | 450/3 | €17,317 | €12,670 | -€4,647 | -26.8% |
| Other amounts payable | 47/48 | €7,483 | €309 | -€7,174 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,282 | €14,108 | -€4,173 | -22.8% |
| Other operating charges | 640/8 | €722 | €683 | -€40 | -5.5% |
| Gross operating margin | 9900 | €53,426 | €44,092 | -€9,333 | -17.5% |
| Operating profit (loss) | 9901 | €34,422 | €29,301 | -€5,120 | -14.9% |
| Financial charges | 65/66B | €1,463 | €1,348 | -€116 | -7.9% |
| Recurring financial charges | 65 | €1,463 | €1,348 | -€116 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €32,958 | €27,953 | -€5,005 | -15.2% |
| Income taxes | 67/77 | €8,755 | €8,680 | -€76 | -0.9% |
| Profit (loss) for the period | 9904 | €24,203 | €19,274 | -€4,929 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,203 | €19,274 | -€4,929 | -20.4% |
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 22 October 2026 via checked.be.