JLH SERVICES: 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.
JLH SERVICES
Largest movements
- Tangible fixed assets -€13,111
down €13,111 (-3.2%), from €413,187 to €400,076
of which Land and buildings: -€10,334
- Receivables within one year -€11,279
down €11,279 (-4.1%), from €277,376 to €266,097
of which Other amounts receivable: -€21,343
- Reserves -€40,369
down €40,369 (-21.0%), from €192,317 to €151,948
of which Distributable reserves: -€31,353
- Other debts +€22,319
new in 2025: €22,319
- Profit (loss) carried forward -€16,719
down €16,719 (-32.2%), from €51,861 to €35,142
- Debts after one year +€15,000
up €15,000 (+3.7%), from €404,000 to €419,000
- Tax, wage and social debts +€9,107
up €9,107 (+1,312%), from €694 to €9,801
- Turnover -€90,489
down €90,489 (-49.8%), from €181,873 to €91,384
- Gross operating margin -€66,288
down €66,288, from €65,518 to -€770
- Purchases and services -€24,201
down €24,201 (-20.8%), from €116,355 to €92,154
- Depreciation -€13,866
down €13,866 (-46.9%), from €29,574 to €15,708
- Financial income -€6,731
down €6,731 (-89.7%), from €7,504 to €773
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.
Derived cash bridge
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 | €690,713 | €667,332 | -€23,381 | -3.4% |
| Fixed assets | 21/28 | €413,337 | €400,226 | -€13,111 | -3.2% |
| Tangible fixed assets | 22/27 | €413,187 | €400,076 | -€13,111 | -3.2% |
| Land and buildings | 22 | €405,681 | €395,347 | -€10,334 | -2.5% |
| Plant, machinery and equipment | 23 | €6,955 | €4,510 | -€2,445 | -35.2% |
| Furniture and vehicles | 24 | €551 | €219 | -€332 | -60.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €277,376 | €267,106 | -€10,270 | -3.7% |
| Amounts receivable within one year | 40/41 | €277,376 | €266,097 | -€11,279 | -4.1% |
| Trade receivables | 40 | €14,054 | €24,118 | +€10,064 | +71.6% |
| Other amounts receivable | 41 | €263,322 | €241,979 | -€21,343 | -8.1% |
| Cash at bank and in hand | 54/58 | - | €1,009 | +€1,009 | |
| Total equity and liabilities | 10/49 | €690,713 | €667,332 | -€23,381 | -3.4% |
| Equity | 10/15 | €262,778 | €205,690 | -€57,088 | -21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €192,317 | €151,948 | -€40,369 | -21.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,560 | €40,544 | -€9,016 | -18.2% |
| Distributable reserves | 133 | €140,897 | €109,544 | -€31,353 | -22.3% |
| Profit (loss) carried forward | 14 | €51,861 | €35,142 | -€16,719 | -32.2% |
| Provisions and deferred taxes | 16 | €11,583 | €9,329 | -€2,254 | -19.5% |
| Deferred taxes | 168 | €11,583 | €9,329 | -€2,254 | -19.5% |
| Amounts payable | 17/49 | €416,352 | €452,313 | +€35,961 | +8.6% |
| Amounts payable after more than one year | 17 | €404,000 | €419,000 | +€15,000 | +3.7% |
| Financial debts | 170/4 | €404,000 | €419,000 | +€15,000 | +3.7% |
| Amounts payable within one year | 42/48 | €12,351 | €33,312 | +€20,961 | +170% |
| Financial debts | 43 | €8,833 | - | -€8,833 | |
| Credit institutions | 430/8 | €8,833 | - | -€8,833 | |
| Trade debts | 44 | €2,824 | €1,192 | -€1,632 | -57.8% |
| Suppliers | 440/4 | €2,824 | €1,192 | -€1,632 | -57.8% |
| Taxes, remuneration and social security | 45 | €694 | €9,801 | +€9,107 | +1,312% |
| Taxes | 450/3 | €694 | €9,801 | +€9,107 | +1,312% |
| Other amounts payable | 47/48 | - | €22,319 | +€22,319 | |
| Accrued charges and deferred income | 492/3 | €1 | €1 | = | 0.0% |
| Turnover | 70 | €181,873 | €91,384 | -€90,489 | -49.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €116,355 | €92,154 | -€24,201 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,574 | €15,708 | -€13,866 | -46.9% |
| Other operating charges | 640/8 | €8,153 | €6,691 | -€1,462 | -17.9% |
| Non-recurring operating charges | 66A | €283,015 | - | -€283,015 | |
| Gross operating margin | 9900 | €65,518 | -€770 | -€66,288 | |
| Operating profit (loss) | 9901 | -€255,224 | -€23,169 | +€232,055 | +90.9% |
| Financial income | 75/76B | €7,504 | €773 | -€6,731 | -89.7% |
| Recurring financial income | 75 | €7,504 | €773 | -€6,731 | -89.7% |
| Financial charges | 65/66B | €1,244 | €1,462 | +€218 | +17.5% |
| Recurring financial charges | 65 | €1,244 | €1,462 | +€218 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | -€248,964 | -€23,858 | +€225,106 | +90.4% |
| Transfer from deferred taxes | 780 | €2,254 | €2,254 | = | 0.0% |
| Income taxes | 67/77 | €694 | €4,131 | +€3,437 | +495% |
| Profit (loss) for the period | 9904 | -€247,404 | -€25,735 | +€221,669 | +89.6% |
| Transfer from tax-exempt reserves | 789 | €9,016 | €9,016 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€238,388 | -€16,719 | +€221,669 | +93.0% |
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 27 October 2026 via checked.be.