JLJ: 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.
JLJ
Largest movements
- Cash +€38,153
up €38,153 (+19.3%), from €197,484 to €235,637
mainly Net result for the year (+€22,048) and Depreciation (+€11,974)
- Tangible fixed assets -€11,974
down €11,974 (-36.4%), from €32,938 to €20,964
of which Furniture and vehicles: -€11,974
- Deferred charges and accrued income -€3,527
no longer reported in 2025 (was €3,527)
- Receivables within one year -€2,849
down €2,849 (-10.8%), from €26,401 to €23,551
of which Trade receivables: -€4,725
- Reserves +€22,000
up €22,000 (+13.4%), from €164,261 to €186,261
- Gross operating margin -€18,852
down €18,852 (-31.8%), from €59,281 to €40,429
- Taxes -€5,082
down €5,082 (-34.0%), from €14,940 to €9,858
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 | €260,350 | €280,152 | +€19,802 | +7.6% |
| Fixed assets | 21/28 | €32,938 | €20,964 | -€11,974 | -36.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €32,938 | €20,964 | -€11,974 | -36.4% |
| Land and buildings | 22 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €32,938 | €20,964 | -€11,974 | -36.4% |
| Current assets | 29/58 | €227,412 | €259,188 | +€31,776 | +14.0% |
| Amounts receivable within one year | 40/41 | €26,401 | €23,551 | -€2,849 | -10.8% |
| Trade receivables | 40 | €18,448 | €13,723 | -€4,725 | -25.6% |
| Other amounts receivable | 41 | €7,953 | €9,828 | +€1,876 | +23.6% |
| Cash at bank and in hand | 54/58 | €197,484 | €235,637 | +€38,153 | +19.3% |
| Deferred charges and accrued income | 490/1 | €3,527 | - | -€3,527 | |
| Total equity and liabilities | 10/49 | €260,350 | €280,152 | +€19,802 | +7.6% |
| Equity | 10/15 | €243,830 | €265,878 | +€22,048 | +9.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €164,261 | €186,261 | +€22,000 | +13.4% |
| Distributable reserves | 133 | €164,261 | €186,261 | +€22,000 | +13.4% |
| Profit (loss) carried forward | 14 | €59,109 | €59,157 | +€48 | +0.1% |
| Amounts payable | 17/49 | €16,519 | €14,274 | -€2,246 | -13.6% |
| Amounts payable within one year | 42/48 | €16,519 | €14,274 | -€2,246 | -13.6% |
| Trade debts | 44 | €1,920 | €32 | -€1,888 | -98.3% |
| Suppliers | 440/4 | €1,920 | €32 | -€1,888 | -98.3% |
| Taxes, remuneration and social security | 45 | €14,217 | €14,241 | +€25 | +0.2% |
| Taxes | 450/3 | €14,217 | €14,241 | +€25 | +0.2% |
| Other amounts payable | 47/48 | €383 | - | -€383 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,820 | €11,974 | +€154 | +1.3% |
| Other operating charges | 640/8 | €427 | €189 | -€238 | -55.8% |
| Gross operating margin | 9900 | €59,281 | €40,429 | -€18,852 | -31.8% |
| Operating profit (loss) | 9901 | €47,034 | €28,266 | -€18,767 | -39.9% |
| Financial income | 75/76B | €4,299 | €4,277 | -€22 | -0.5% |
| Recurring financial income | 75 | €4,299 | €4,277 | -€22 | -0.5% |
| Financial charges | 65/66B | €427 | €638 | +€211 | +49.4% |
| Recurring financial charges | 65 | €427 | €638 | +€211 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €50,906 | €31,906 | -€19,000 | -37.3% |
| Income taxes | 67/77 | €14,940 | €9,858 | -€5,082 | -34.0% |
| Profit (loss) for the period | 9904 | €35,966 | €22,048 | -€13,918 | -38.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,966 | €22,048 | -€13,918 | -38.7% |
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 15 October 2026 via checked.be.