JLCF: what changed
Two fiscal 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.
JLCF
Largest movements
- Cash -€9,977
down €9,977 (-55.3%), from €18,046 to €8,069
mainly Net result for the year (-€18,354) and Investment in fixed assets (net) (-€714)
- Tangible fixed assets -€407
down €407 (-13.0%), from €3,139 to €2,732
- Receivables within one year -€340
down €340 (-4.2%), from €8,169 to €7,829
- Profit (loss) carried forward -€18,354
down €18,354, from €16,117 to -€2,237
- Other debts +€5,039
up €5,039 (+82.3%), from €6,126 to €11,166
- Tax, wage and social debts +€2,896
up €2,896 (+50.2%), from €5,771 to €8,667
of which Remuneration and social security: +€2,000
- Financial charges +€16,091
up €16,091 (+747.0%), from €2,154 to €18,246
- Gross operating margin -€7,013
down €7,013 (-80.5%), from €8,715 to €1,702
- Other operating charges -€4,671
down €4,671 (-88.9%), from €5,255 to €585
- Taxes -€830
down €830 (-80.8%), from €1,028 to €197
- Depreciation +€727
up €727 (+184.4%), from €394 to €1,122
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 | €30,315 | €19,789 | -€10,526 | -34.7% |
| Fixed assets | 21/28 | €3,139 | €2,732 | -€407 | -13.0% |
| Tangible fixed assets | 22/27 | €3,139 | €2,732 | -€407 | -13.0% |
| Furniture and vehicles | 24 | €3,139 | €2,732 | -€407 | -13.0% |
| Current assets | 29/58 | €27,175 | €17,057 | -€10,118 | -37.2% |
| Amounts receivable within one year | 40/41 | €8,169 | €7,829 | -€340 | -4.2% |
| Trade receivables | 40 | €8,169 | €7,829 | -€340 | -4.2% |
| Cash at bank and in hand | 54/58 | €18,046 | €8,069 | -€9,977 | -55.3% |
| Deferred charges and accrued income | 490/1 | €960 | €1,159 | +€199 | +20.7% |
| Total equity and liabilities | 10/49 | €30,315 | €19,789 | -€10,526 | -34.7% |
| Equity | 10/15 | €17,617 | -€737 | -€18,354 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,117 | -€2,237 | -€18,354 | |
| Amounts payable | 17/49 | €12,698 | €20,526 | +€7,829 | +61.7% |
| Amounts payable within one year | 42/48 | €12,698 | €20,526 | +€7,829 | +61.7% |
| Trade debts | 44 | €800 | €693 | -€106 | -13.3% |
| Suppliers | 440/4 | €800 | €693 | -€106 | -13.3% |
| Taxes, remuneration and social security | 45 | €5,771 | €8,667 | +€2,896 | +50.2% |
| Taxes | 450/3 | €5,271 | €6,167 | +€896 | +17.0% |
| Remuneration and social security | 454/9 | €500 | €2,500 | +€2,000 | +400.0% |
| Other amounts payable | 47/48 | €6,126 | €11,166 | +€5,039 | +82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €394 | €1,122 | +€727 | +184.4% |
| Other operating charges | 640/8 | €5,255 | €585 | -€4,671 | -88.9% |
| Gross operating margin | 9900 | €8,715 | €1,702 | -€7,013 | -80.5% |
| Operating profit (loss) | 9901 | €3,065 | -€5 | -€3,070 | |
| Financial income | 75/76B | - | €93 | +€93 | |
| Recurring financial income | 75 | - | €93 | +€93 | |
| Financial charges | 65/66B | €2,154 | €18,246 | +€16,091 | +747.0% |
| Recurring financial charges | 65 | €2,154 | €18,246 | +€16,091 | +747.0% |
| Profit (loss) for the period before taxes | 9903 | €911 | -€18,157 | -€19,068 | |
| Income taxes | 67/77 | €1,028 | €197 | -€830 | -80.8% |
| Profit (loss) for the period | 9904 | -€117 | -€18,354 | -€18,238 | -15650.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€117 | -€18,354 | -€18,238 | -15650.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.