JLG Management: what changed
JLG Management
Largest movements
- Cash -€64,848
down €64,848 (-82.5%), from €78,613 to €13,765
mainly Contributions, distributions and other (-€130,000) and Other debts (-€35,731)
- Receivables within one year +€2,801
up €2,801 (+18.7%), from €14,943 to €17,744
of which Trade receivables: +€4,766
- Other debts -€35,731
down €35,731 (-31.4%), from €113,716 to €77,985
- Reserves -€24,219
down €24,219 (-87.6%), from €27,650 to €3,431
- Trade debts +€3,153
up €3,153 (+120%), from €2,621 to €5,774
- Tax, wage and social debts -€2,576
down €2,576 (-10.6%), from €24,298 to €21,722
- Gross operating margin +€39,035
up €39,035 (+36.3%), from €107,548 to €146,583
- Taxes +€13,215
up €13,215 (+54.2%), from €24,363 to €37,578
- Depreciation -€7,550
down €7,550 (-64.5%), from €11,704 to €4,154
- Financial income +€3,527
up €3,527 (+176,339%), from €2 to €3,529
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,286 | €113,912 | -€59,374 | -34.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €7,358 | €8,283 | +€925 | +12.6% |
| Tangible fixed assets | 22/27 | €7,358 | €8,283 | +€925 | +12.6% |
| Plant, machinery and equipment | 23 | €1,455 | €1,666 | +€210 | +14.5% |
| Furniture and vehicles | 24 | €1,701 | €4,135 | +€2,434 | +143% |
| Other tangible fixed assets | 26 | €4,202 | €2,482 | -€1,720 | -40.9% |
| Current assets | 29/58 | €165,928 | €105,629 | -€60,299 | -36.3% |
| Amounts receivable within one year | 40/41 | €14,943 | €17,744 | +€2,801 | +18.7% |
| Trade receivables | 40 | €12,979 | €17,744 | +€4,766 | +36.7% |
| Other amounts receivable | 41 | €1,965 | €0 | -€1,965 | -100% |
| Current investments | 50/53 | €69,985 | €71,487 | +€1,502 | +2.1% |
| Cash at bank and in hand | 54/58 | €78,613 | €13,765 | -€64,848 | -82.5% |
| Deferred charges and accrued income | 490/1 | €2,386 | €2,632 | +€245 | +10.3% |
| Total equity and liabilities | 10/49 | €173,286 | €113,912 | -€59,374 | -34.3% |
| Equity | 10/15 | €32,650 | €8,431 | -€24,219 | -74.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,650 | €3,431 | -€24,219 | -87.6% |
| Distributable reserves | 133 | €27,650 | €3,431 | -€24,219 | -87.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €140,636 | €105,481 | -€35,155 | -25.0% |
| Amounts payable within one year | 42/48 | €140,636 | €105,481 | -€35,155 | -25.0% |
| Trade debts | 44 | €2,621 | €5,774 | +€3,153 | +120% |
| Suppliers | 440/4 | €2,621 | €5,774 | +€3,153 | +120% |
| Taxes, remuneration and social security | 45 | €24,298 | €21,722 | -€2,576 | -10.6% |
| Taxes | 450/3 | €24,298 | €21,722 | -€2,576 | -10.6% |
| Other amounts payable | 47/48 | €113,716 | €77,985 | -€35,731 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,704 | €4,154 | -€7,550 | -64.5% |
| Other operating charges | 640/8 | €761 | €778 | +€17 | +2.3% |
| Gross operating margin | 9900 | €107,548 | €146,583 | +€39,035 | +36.3% |
| Operating profit (loss) | 9901 | €95,083 | €141,650 | +€46,568 | +49.0% |
| Financial income | 75/76B | €2 | €3,529 | +€3,527 | +176,339% |
| Recurring financial income | 75 | €2 | €3,529 | +€3,527 | +176,339% |
| Financial charges | 65/66B | €1,640 | €1,821 | +€181 | +11.0% |
| Recurring financial charges | 65 | €1,640 | €1,821 | +€181 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €93,445 | €143,359 | +€49,913 | +53.4% |
| Income taxes | 67/77 | €24,363 | €37,578 | +€13,215 | +54.2% |
| Profit (loss) for the period | 9904 | €69,082 | €105,781 | +€36,699 | +53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €69,082 | €105,781 | +€36,699 | +53.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.