JLM 22: 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.
JLM 22
Largest movements
- Receivables within one year -€52,795
down €52,795 (-68.3%), from €77,300 to €24,505
of which Trade receivables: -€67,506
- Tangible fixed assets +€21,798
up €21,798 (+214%), from €10,179 to €31,977
of which Plant, machinery and equipment: +€22,851
- Cash +€2,462
up €2,462 (+8.0%), from €30,637 to €33,098
mainly Receivables within one year (+€52,795) and Tax, wage and social debts (+€12,858)
- Deferred charges and accrued income +€1,802
new in 2024: €1,802
- Advances received -€31,106
down €31,106 (-100%), from €31,106 to €0
- Profit (loss) carried forward -€28,046
down €28,046 (-100%), from €28,046 to €0
- Reserves +€20,538
up €20,538 (+1,104%), from €1,860 to €22,398
of which Distributable reserves: +€20,538
- Tax, wage and social debts +€12,858
up €12,858 (+67.7%), from €18,993 to €31,851
of which Taxes: +€12,777
- Trade debts -€2,837
down €2,837 (-4.7%), from €60,856 to €58,019
- Gross operating margin -€32,381
down €32,381 (-44.2%), from €73,326 to €40,945
- Other operating charges -€17,212
down €17,212 (-98.0%), from €17,560 to €347
- Depreciation +€2,967
up €2,967 (+249%), from €1,191 to €4,158
- Taxes -€2,213
down €2,213 (-28.6%), from €7,734 to €5,521
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,061 | €120,328 | -€26,733 | -18.2% |
| Fixed assets | 21/28 | €10,179 | €31,977 | +€21,798 | +214% |
| Tangible fixed assets | 22/27 | €10,179 | €31,977 | +€21,798 | +214% |
| Plant, machinery and equipment | 23 | €7,496 | €30,347 | +€22,851 | +305% |
| Furniture and vehicles | 24 | €2,683 | €1,630 | -€1,053 | -39.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €136,882 | €88,351 | -€48,531 | -35.5% |
| Stocks and contracts in progress | 3 | €28,945 | €28,945 | = | 0.0% |
| Stocks | 30/36 | €28,945 | €28,945 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €77,300 | €24,505 | -€52,795 | -68.3% |
| Trade receivables | 40 | €73,024 | €5,518 | -€67,506 | -92.4% |
| Other amounts receivable | 41 | €4,277 | €18,987 | +€14,711 | +344% |
| Cash at bank and in hand | 54/58 | €30,637 | €33,098 | +€2,462 | +8.0% |
| Deferred charges and accrued income | 490/1 | - | €1,802 | +€1,802 | |
| Total equity and liabilities | 10/49 | €147,061 | €120,328 | -€26,733 | -18.2% |
| Equity | 10/15 | €36,106 | €30,458 | -€5,648 | -15.6% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Reserves | 13 | €1,860 | €22,398 | +€20,538 | +1,104% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €22,398 | +€20,538 | +1,104% |
| Profit (loss) carried forward | 14 | €28,046 | €0 | -€28,046 | -100% |
| Amounts payable | 17/49 | €110,955 | €89,870 | -€21,085 | -19.0% |
| Amounts payable within one year | 42/48 | €110,955 | €89,870 | -€21,085 | -19.0% |
| Trade debts | 44 | €60,856 | €58,019 | -€2,837 | -4.7% |
| Suppliers | 440/4 | €60,856 | €58,019 | -€2,837 | -4.7% |
| Advances received on contracts in progress | 46 | €31,106 | €0 | -€31,106 | -100% |
| Taxes, remuneration and social security | 45 | €18,993 | €31,851 | +€12,858 | +67.7% |
| Taxes | 450/3 | €13,593 | €26,371 | +€12,777 | +94.0% |
| Remuneration and social security | 454/9 | €5,400 | €5,480 | +€80 | +1.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €36,542 | €36,305 | -€236 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,191 | €4,158 | +€2,967 | +249% |
| Other operating charges | 640/8 | €17,560 | €347 | -€17,212 | -98.0% |
| Gross operating margin | 9900 | €73,326 | €40,945 | -€32,381 | -44.2% |
| Operating profit (loss) | 9901 | €18,034 | €134 | -€17,900 | -99.3% |
| Financial income | 75/76B | €10 | €380 | +€370 | +3,696% |
| Recurring financial income | 75 | €10 | €380 | +€370 | +3,696% |
| Financial charges | 65/66B | €888 | €641 | -€247 | -27.8% |
| Recurring financial charges | 65 | €888 | €641 | -€247 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €17,156 | -€127 | -€17,283 | |
| Income taxes | 67/77 | €7,734 | €5,521 | -€2,213 | -28.6% |
| Profit (loss) for the period | 9904 | €9,422 | -€5,648 | -€15,070 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,422 | -€5,648 | -€15,070 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.