JLDB: 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.
JLDB
Largest movements
- Intangible fixed assets -€701,959
no longer reported in 2024 (was €701,959)
- Tangible fixed assets +€637,615
up €637,615 (+2483.4%), from €25,675 to €663,290
of which Land and buildings: +€641,455
- Current investments +€100,000
new in 2024: €100,000
- Cash +€73,676
up €73,676 (+78.3%), from €94,063 to €167,738
mainly Provisions (+€868,257) and Depreciation (+€127,696)
- Formation expenses -€28,252
no longer reported in 2024 (was €28,252)
- Provisions +€868,257
new in 2024: €868,257
- Other debts -€859,884
down €859,884 (-100.0%), from €859,998 to €113
- Reserves +€52,309
new in 2024: €52,309
- Tax, wage and social debts +€17,180
up €17,180 (+134.1%), from €12,808 to €29,988
of which Taxes: +€14,175
- Gross operating margin +€164,431
up €164,431 (+167.7%), from €98,068 to €262,499
- Financial charges +€56,082
up €56,082 (+71670.1%), from €78 to €56,160
- Depreciation +€26,076
up €26,076 (+25.7%), from €101,620 to €127,696
- Taxes +€12,337
new in 2024: €12,337
- Other operating charges +€4,503
up €4,503 (+130.2%), from €3,460 to €7,963
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €869,308 | €954,154 | +€84,846 | +9.8% |
| Formation expenses | 20 | €28,252 | - | -€28,252 | |
| Fixed assets | 21/28 | €727,634 | €663,290 | -€64,344 | -8.8% |
| Intangible fixed assets | 21 | €701,959 | - | -€701,959 | |
| Tangible fixed assets | 22/27 | €25,675 | €663,290 | +€637,615 | +2483.4% |
| Land and buildings | 22 | - | €641,455 | +€641,455 | |
| Plant, machinery and equipment | 23 | €25,675 | €21,835 | -€3,840 | -15.0% |
| Current assets | 29/58 | €113,423 | €290,864 | +€177,442 | +156.4% |
| Amounts receivable within one year | 40/41 | €19,360 | €23,126 | +€3,766 | +19.5% |
| Trade receivables | 40 | €19,360 | €23,126 | +€3,766 | +19.5% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €94,063 | €167,738 | +€73,676 | +78.3% |
| Total equity and liabilities | 10/49 | €869,308 | €954,154 | +€84,846 | +9.8% |
| Equity | 10/15 | -€4,089 | €55,309 | +€59,398 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €52,309 | +€52,309 | |
| Distributable reserves | 133 | - | €52,309 | +€52,309 | |
| Profit (loss) carried forward | 14 | -€7,089 | - | +€7,089 | |
| Provisions and deferred taxes | 16 | - | €868,257 | +€868,257 | |
| Provisions for liabilities and charges | 160/5 | - | €868,257 | +€868,257 | |
| Other liabilities and charges | 164/5 | - | €868,257 | +€868,257 | |
| Amounts payable | 17/49 | €873,397 | €30,588 | -€842,809 | -96.5% |
| Amounts payable within one year | 42/48 | €873,397 | €30,588 | -€842,809 | -96.5% |
| Trade debts | 44 | €591 | €486 | -€105 | -17.7% |
| Suppliers | 440/4 | €591 | €486 | -€105 | -17.7% |
| Taxes, remuneration and social security | 45 | €12,808 | €29,988 | +€17,180 | +134.1% |
| Taxes | 450/3 | €9,884 | €24,059 | +€14,175 | +143.4% |
| Remuneration and social security | 454/9 | €2,924 | €5,929 | +€3,005 | +102.7% |
| Other amounts payable | 47/48 | €859,998 | €113 | -€859,884 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,620 | €127,696 | +€26,076 | +25.7% |
| Other operating charges | 640/8 | €3,460 | €7,963 | +€4,503 | +130.2% |
| Gross operating margin | 9900 | €98,068 | €262,499 | +€164,431 | +167.7% |
| Operating profit (loss) | 9901 | -€7,011 | €126,841 | +€133,852 | |
| Financial income | 75/76B | - | €1,055 | +€1,055 | |
| Recurring financial income | 75 | - | €1,055 | +€1,055 | |
| Financial charges | 65/66B | €78 | €56,160 | +€56,082 | +71670.1% |
| Recurring financial charges | 65 | €78 | €56,160 | +€56,082 | +71670.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,089 | €71,736 | +€78,825 | |
| Income taxes | 67/77 | - | €12,337 | +€12,337 | |
| Profit (loss) for the period | 9904 | -€7,089 | €59,398 | +€66,488 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,089 | €59,398 | +€66,488 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.