JLGnC: 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.
JLGnC
Largest movements
- Cash +€114,817
up €114,817 (+72.7%), from €158,009 to €272,826
mainly Other debts (+€73,128) and Net result for the year (+€67,476)
- Current investments -€50,000
down €50,000 (-33.1%), from €150,975 to €100,975
- Receivables within one year -€14,276
down €14,276 (-74.1%), from €19,270 to €4,993
of which Trade receivables: -€13,071
- Tangible fixed assets -€13,798
down €13,798 (-28.4%), from €48,624 to €34,826
of which Furniture and vehicles: -€14,302
- Other debts +€73,128
new in 2025: €73,128
- Reserves -€30,428
down €30,428 (-9.0%), from €337,959 to €307,531
- Taxes -€2,274
down €2,274 (-11.2%), from €20,352 to €18,078
- Staff costs -€2,058
no longer reported in 2025 (was €2,058)
- Financial income +€1,914
up €1,914 (+63.5%), from €3,013 to €4,927
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 | €380,625 | €417,548 | +€36,923 | +9.7% |
| Fixed assets | 21/28 | €48,624 | €34,826 | -€13,798 | -28.4% |
| Tangible fixed assets | 22/27 | €48,624 | €34,826 | -€13,798 | -28.4% |
| Plant, machinery and equipment | 23 | - | €851 | +€851 | |
| Furniture and vehicles | 24 | €40,242 | €25,940 | -€14,302 | -35.5% |
| Other tangible fixed assets | 26 | €8,382 | €8,034 | -€348 | -4.1% |
| Current assets | 29/58 | €332,001 | €382,722 | +€50,722 | +15.3% |
| Amounts receivable within one year | 40/41 | €19,270 | €4,993 | -€14,276 | -74.1% |
| Trade receivables | 40 | €18,065 | €4,993 | -€13,071 | -72.4% |
| Other amounts receivable | 41 | €1,205 | - | -€1,205 | |
| Current investments | 50/53 | €150,975 | €100,975 | -€50,000 | -33.1% |
| Cash at bank and in hand | 54/58 | €158,009 | €272,826 | +€114,817 | +72.7% |
| Deferred charges and accrued income | 490/1 | €3,748 | €3,928 | +€180 | +4.8% |
| Total equity and liabilities | 10/49 | €380,625 | €417,548 | +€36,923 | +9.7% |
| Equity | 10/15 | €356,559 | €326,131 | -€30,428 | -8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €337,959 | €307,531 | -€30,428 | -9.0% |
| Distributable reserves | 133 | €337,959 | €307,531 | -€30,428 | -9.0% |
| Amounts payable | 17/49 | €24,065 | €91,417 | +€67,352 | +279.9% |
| Amounts payable within one year | 42/48 | €24,065 | €91,417 | +€67,352 | +279.9% |
| Trade debts | 44 | €6,776 | €2,855 | -€3,921 | -57.9% |
| Suppliers | 440/4 | €6,776 | €2,855 | -€3,921 | -57.9% |
| Taxes, remuneration and social security | 45 | €17,290 | €15,434 | -€1,856 | -10.7% |
| Taxes | 450/3 | €17,290 | €15,434 | -€1,856 | -10.7% |
| Other amounts payable | 47/48 | - | €73,128 | +€73,128 | |
| Remuneration, social security and pensions | 62 | €2,058 | - | -€2,058 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,485 | €16,539 | +€53 | +0.3% |
| Other operating charges | 640/8 | €1,554 | €1,614 | +€60 | +3.9% |
| Non-recurring operating charges | 66A | €8,362 | - | -€8,362 | |
| Gross operating margin | 9900 | €97,995 | €98,912 | +€917 | +0.9% |
| Operating profit (loss) | 9901 | €69,535 | €80,759 | +€11,224 | +16.1% |
| Financial income | 75/76B | €3,013 | €4,927 | +€1,914 | +63.5% |
| Recurring financial income | 75 | €3,013 | €4,927 | +€1,914 | +63.5% |
| Financial charges | 65/66B | €128 | €132 | +€4 | +3.4% |
| Recurring financial charges | 65 | €128 | €132 | +€4 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €72,420 | €85,554 | +€13,134 | +18.1% |
| Income taxes | 67/77 | €20,352 | €18,078 | -€2,274 | -11.2% |
| Profit (loss) for the period | 9904 | €52,068 | €67,476 | +€15,408 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,068 | €67,476 | +€15,408 | +29.6% |
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 10 October 2026 via checked.be.