JLG IMMO: 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.
What changed
JLG IMMO
NACE 68.121, Development of residential building projects
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€10,412
2024 · -€16,690+€27,102
Equity
€271,522
2024 · €261,110+€10,412
Cash
€8,667
2024 · €5,550+€3,117
Balance sheet total
€617,805
2024 · €617,865-€60
Largest movements
Assets
- Stocks and contracts -€260,108
down €260,108 (-87.1%), from €298,789 to €38,681
- Receivables after one year +€170,000
up €170,000 (+96.0%), from €177,000 to €347,000
- Current investments +€90,000
new in 2025: €90,000
Equity and liabilities
- Debts after one year -€69,000
down €69,000 (-20.0%), from €345,000 to €276,000
- Tax, wage and social debts +€56,779
new in 2025: €56,779
- Profit (loss) carried forward +€10,412
up €10,412 (+6.9%), from €151,110 to €161,522
Income statement
- Gross operating margin +€25,447
up €25,447, from -€5,974 to €19,473
- Financial charges -€870
down €870 (-10.1%), from €8,632 to €7,762
- Financial income +€840
up €840 (+23.2%), from €3,624 to €4,465
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.
Result 2024
-€16,690
Gross operating margin
+€25,447
Depreciation
+€0
Other operating charges
-€55
Financial income
+€840
Financial charges
+€870
Result 2025
€10,412
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.
From operations
+€162,117
Investment
-€90,000
Financing
-€69,000
Cash 2024
€5,550
From operations (derived)
+€162,117
Net result for the year
+€10,412
Depreciation
+€4,457
Receivables after one year
-€170,000
Stocks and contracts
+€260,108
Receivables within one year
+€2,864
Deferred charges and accrued income
-€4,253
Smaller working-capital items
-€326
Tax, wage and social debts
+€56,779
Accrued charges and deferred income
+€2,076
Investment (derived)
-€90,000
Current investments
-€90,000
Financing
-€69,000
Debts after one year
-€69,000
Cash 2025
€8,667
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €617,865 | €617,805 | -€60 | 0.0% |
| Fixed assets | 21/28 | €127,921 | €123,465 | -€4,457 | -3.5% |
| Tangible fixed assets | 22/27 | €127,921 | €123,465 | -€4,457 | -3.5% |
| Land and buildings | 22 | €125,955 | €122,718 | -€3,238 | -2.6% |
| Plant, machinery and equipment | 23 | €1,143 | €656 | -€487 | -42.6% |
| Furniture and vehicles | 24 | €823 | €91 | -€732 | -89.0% |
| Current assets | 29/58 | €489,944 | €494,341 | +€4,397 | +0.9% |
| Amounts receivable after more than one year | 29 | €177,000 | €347,000 | +€170,000 | +96.0% |
| Other amounts receivable | 291 | €177,000 | €347,000 | +€170,000 | +96.0% |
| Stocks and contracts in progress | 3 | €298,789 | €38,681 | -€260,108 | -87.1% |
| Stocks | 30/36 | €298,789 | €38,681 | -€260,108 | -87.1% |
| Amounts receivable within one year | 40/41 | €2,930 | €66 | -€2,864 | -97.8% |
| Other amounts receivable | 41 | €2,930 | €66 | -€2,864 | -97.8% |
| Current investments | 50/53 | - | €90,000 | +€90,000 | |
| Cash at bank and in hand | 54/58 | €5,550 | €8,667 | +€3,117 | +56.2% |
| Deferred charges and accrued income | 490/1 | €5,675 | €9,927 | +€4,253 | +74.9% |
| Total equity and liabilities | 10/49 | €617,865 | €617,805 | -€60 | 0.0% |
| Equity | 10/15 | €261,110 | €271,522 | +€10,412 | +4.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,110 | €161,522 | +€10,412 | +6.9% |
| Amounts payable | 17/49 | €356,755 | €346,284 | -€10,471 | -2.9% |
| Amounts payable after more than one year | 17 | €345,000 | €276,000 | -€69,000 | -20.0% |
| Other amounts payable | 178/9 | €345,000 | €276,000 | -€69,000 | -20.0% |
| Amounts payable within one year | 42/48 | €4,224 | €60,677 | +€56,453 | +1336.5% |
| Trade debts | 44 | €298 | €616 | +€319 | +107.1% |
| Suppliers | 440/4 | €298 | €616 | +€319 | +107.1% |
| Taxes, remuneration and social security | 45 | - | €56,779 | +€56,779 | |
| Taxes | 450/3 | - | €56,779 | +€56,779 | |
| Other amounts payable | 47/48 | €3,926 | €3,282 | -€645 | -16.4% |
| Accrued charges and deferred income | 492/3 | €7,531 | €9,607 | +€2,076 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,457 | €4,457 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,252 | €1,307 | +€55 | +4.4% |
| Gross operating margin | 9900 | -€5,974 | €19,473 | +€25,447 | |
| Operating profit (loss) | 9901 | -€11,682 | €13,709 | +€25,391 | |
| Financial income | 75/76B | €3,624 | €4,465 | +€840 | +23.2% |
| Recurring financial income | 75 | €3,624 | €4,465 | +€840 | +23.2% |
| Financial charges | 65/66B | €8,632 | €7,762 | -€870 | -10.1% |
| Recurring financial charges | 65 | €8,632 | €7,762 | -€870 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,690 | €10,412 | +€27,102 | |
| Profit (loss) for the period | 9904 | -€16,690 | €10,412 | +€27,102 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,690 | €10,412 | +€27,102 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.