JLAM: 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.
JLAM
Largest movements
- Tangible fixed assets +€345,740
up €345,740 (+62.9%), from €549,999 to €895,739
- Debts after one year +€281,128
up €281,128 (+50.8%), from €552,954 to €834,082
- Other debts +€99,870
up €99,870 (+1678.8%), from €5,949 to €105,819
- Profit (loss) carried forward -€43,052
down €43,052 (-153.4%), from -€28,065 to -€71,117
- Financial charges +€12,859
up €12,859 (+84.7%), from €15,189 to €28,048
- Turnover +€8,573
up €8,573 (+38.6%), from €22,187 to €30,760
- Purchases and services +€7,235
up €7,235 (+101.4%), from €7,135 to €14,371
- Depreciation +€2,859
up €2,859 (+11.5%), from €24,912 to €27,771
- Gross operating margin +€1,338
up €1,338 (+8.9%), from €15,051 to €16,389
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 | €558,322 | €899,082 | +€340,759 | +61.0% |
| Fixed assets | 21/28 | €549,999 | €895,739 | +€345,740 | +62.9% |
| Tangible fixed assets | 22/27 | €549,999 | €895,739 | +€345,740 | +62.9% |
| Land and buildings | 22 | €549,999 | €895,739 | +€345,740 | +62.9% |
| Current assets | 29/58 | €8,323 | €3,343 | -€4,980 | -59.8% |
| Cash at bank and in hand | 54/58 | €8,254 | €3,343 | -€4,911 | -59.5% |
| Deferred charges and accrued income | 490/1 | €69 | - | -€69 | |
| Total equity and liabilities | 10/49 | €558,322 | €899,082 | +€340,759 | +61.0% |
| Equity | 10/15 | -€18,065 | -€61,117 | -€43,052 | -238.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,065 | -€71,117 | -€43,052 | -153.4% |
| Amounts payable | 17/49 | €576,387 | €960,199 | +€383,812 | +66.6% |
| Amounts payable after more than one year | 17 | €552,954 | €834,082 | +€281,128 | +50.8% |
| Financial debts | 170/4 | €552,954 | €834,082 | +€281,128 | +50.8% |
| Amounts payable within one year | 42/48 | €23,433 | €124,467 | +€101,034 | +431.2% |
| Current portion of amounts payable after more than one year | 42 | €14,202 | €18,570 | +€4,368 | +30.8% |
| Trade debts | 44 | €3,282 | €78 | -€3,204 | -97.6% |
| Suppliers | 440/4 | €3,282 | €78 | -€3,204 | -97.6% |
| Other amounts payable | 47/48 | €5,949 | €105,819 | +€99,870 | +1678.8% |
| Accrued charges and deferred income | 492/3 | - | €1,650 | +€1,650 | |
| Turnover | 70 | €22,187 | €30,760 | +€8,573 | +38.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,135 | €14,371 | +€7,235 | +101.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,912 | €27,771 | +€2,859 | +11.5% |
| Other operating charges | 640/8 | €3,015 | €3,622 | +€607 | +20.1% |
| Gross operating margin | 9900 | €15,051 | €16,389 | +€1,338 | +8.9% |
| Operating profit (loss) | 9901 | -€12,876 | -€15,004 | -€2,128 | -16.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €15,189 | €28,048 | +€12,859 | +84.7% |
| Recurring financial charges | 65 | €15,189 | €28,048 | +€12,859 | +84.7% |
| Profit (loss) for the period before taxes | 9903 | -€28,065 | -€43,052 | -€14,988 | -53.4% |
| Profit (loss) for the period | 9904 | -€28,065 | -€43,052 | -€14,988 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,065 | -€43,052 | -€14,988 | -53.4% |
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 10 October 2026 via checked.be.