JLB FIN & TECH: 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.
JLB FIN & TECH
Largest movements
- Current investments -€44,000
no longer reported in 2025 (was €44,000)
- Cash +€25,169
up €25,169 (+116%), from €21,663 to €46,832
mainly Net result for the year (+€71,228) and Current investments (+€44,000)
- Tangible fixed assets -€20,942
down €20,942 (-50.4%), from €41,585 to €20,643
of which Furniture and vehicles: -€19,172
- Receivables within one year -€3,851
down €3,851 (-9.5%), from €40,657 to €36,807
of which Other amounts receivable: -€14,867
- Provisions -€44,000
no longer reported in 2025 (was €44,000)
- Other debts -€26,424
down €26,424 (-82.8%), from €31,911 to €5,487
- Reserves +€21,228
up €21,228 (+8.7%), from €245,050 to €266,278
of which Distributable reserves: +€21,228
- Tax, wage and social debts +€5,068
up €5,068 (+17.0%), from €29,749 to €34,816
of which Taxes: +€6,385
- Provisions -€86,780
down €86,780, from €44,000 to -€42,780
- Turnover -€79,069
down €79,069 (-22.0%), from €359,837 to €280,769
- Gross operating margin -€66,652
down €66,652 (-26.1%), from €255,748 to €189,095
- Financial charges +€43,515
up €43,515 (+999%), from €4,354 to €47,869
- Purchases and services -€12,416
down €12,416 (-11.9%), from €104,090 to €91,674
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 | €151,478 | €108,232 | -€43,246 | -28.5% |
| Fixed assets | 21/28 | €41,985 | €21,043 | -€20,942 | -49.9% |
| Tangible fixed assets | 22/27 | €41,585 | €20,643 | -€20,942 | -50.4% |
| Furniture and vehicles | 24 | €25,712 | €6,541 | -€19,172 | -74.6% |
| Other tangible fixed assets | 26 | €15,873 | €14,102 | -€1,771 | -11.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €109,493 | €87,189 | -€22,303 | -20.4% |
| Amounts receivable within one year | 40/41 | €40,657 | €36,807 | -€3,851 | -9.5% |
| Trade receivables | 40 | €25,743 | €36,759 | +€11,016 | +42.8% |
| Other amounts receivable | 41 | €14,915 | €48 | -€14,867 | -99.7% |
| Current investments | 50/53 | €44,000 | - | -€44,000 | |
| Cash at bank and in hand | 54/58 | €21,663 | €46,832 | +€25,169 | +116% |
| Deferred charges and accrued income | 490/1 | €3,173 | €3,551 | +€378 | +11.9% |
| Total equity and liabilities | 10/49 | €151,478 | €108,232 | -€43,246 | -28.5% |
| Equity | 10/15 | €37,500 | €58,727 | +€21,228 | +56.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €245,050 | €266,278 | +€21,228 | +8.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €243,190 | €264,418 | +€21,228 | +8.7% |
| Profit (loss) carried forward | 14 | -€226,150 | -€226,150 | = | 0.0% |
| Provisions and deferred taxes | 16 | €44,000 | - | -€44,000 | |
| Provisions for liabilities and charges | 160/5 | €44,000 | - | -€44,000 | |
| Taxes | 161 | €44,000 | - | -€44,000 | |
| Amounts payable | 17/49 | €69,978 | €49,505 | -€20,473 | -29.3% |
| Amounts payable within one year | 42/48 | €69,978 | €49,505 | -€20,473 | -29.3% |
| Trade debts | 44 | €8,318 | €9,201 | +€883 | +10.6% |
| Suppliers | 440/4 | €8,318 | €9,201 | +€883 | +10.6% |
| Taxes, remuneration and social security | 45 | €29,749 | €34,816 | +€5,068 | +17.0% |
| Taxes | 450/3 | €22,199 | €28,584 | +€6,385 | +28.8% |
| Remuneration and social security | 454/9 | €7,550 | €6,233 | -€1,317 | -17.4% |
| Other amounts payable | 47/48 | €31,911 | €5,487 | -€26,424 | -82.8% |
| Turnover | 70 | €359,837 | €280,769 | -€79,069 | -22.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €104,090 | €91,674 | -€12,416 | -11.9% |
| Remuneration, social security and pensions | 62 | €63,269 | €74,657 | +€11,388 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,847 | €5,252 | -€4,595 | -46.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €44,000 | -€42,780 | -€86,780 | |
| Other operating charges | 640/8 | €800 | €652 | -€147 | -18.4% |
| Gross operating margin | 9900 | €255,748 | €189,095 | -€66,652 | -26.1% |
| Operating profit (loss) | 9901 | €137,833 | €151,314 | +€13,482 | +9.8% |
| Financial income | 75/76B | €1 | €3,388 | +€3,387 | +307,900% |
| Recurring financial income | 75 | €1 | €3,388 | +€3,387 | +307,900% |
| Financial charges | 65/66B | €4,354 | €47,869 | +€43,515 | +999% |
| Recurring financial charges | 65 | €4,354 | €47,869 | +€43,515 | +999% |
| Profit (loss) for the period before taxes | 9903 | €133,480 | €106,833 | -€26,647 | -20.0% |
| Income taxes | 67/77 | €39,736 | €35,605 | -€4,130 | -10.4% |
| Profit (loss) for the period | 9904 | €93,744 | €71,228 | -€22,516 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €93,744 | €71,228 | -€22,516 | -24.0% |
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 18 October 2026 via checked.be.