JLO SYSTEMS: 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.
JLO SYSTEMS
Largest movements
- Receivables within one year +€33,841
up €33,841 (+46.4%), from €72,957 to €106,798
of which Other amounts receivable: +€32,700
- Tangible fixed assets -€6,825
down €6,825 (-7.6%), from €89,660 to €82,836
of which Land and buildings: -€6,825
- Profit (loss) carried forward +€29,786
up €29,786 (+149%), from €20,047 to €49,832
- Debts after one year -€20,162
down €20,162 (-32.5%), from €62,112 to €41,950
- Trade debts +€9,319
up €9,319 (+11.1%), from €84,260 to €93,579
- Current portion of long-term debt +€6,843
up €6,843 (+200%), from €3,425 to €10,268
- Gross operating margin +€85,198
up €85,198 (+7,623%), from €1,118 to €86,316
- Purchases and services -€52,443
down €52,443 (-30.3%), from €172,882 to €120,439
- Staff costs +€48,000
new in 2025: €48,000
- Turnover +€14,577
up €14,577 (+8.4%), from €173,999 to €188,577
- Financial income -€12,871
down €12,871 (-89.1%), from €14,441 to €1,570
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 | €285,723 | €311,509 | +€25,786 | +9.0% |
| Fixed assets | 21/28 | €200,260 | €193,436 | -€6,825 | -3.4% |
| Tangible fixed assets | 22/27 | €89,660 | €82,836 | -€6,825 | -7.6% |
| Land and buildings | 22 | €75,535 | €68,711 | -€6,825 | -9.0% |
| Furniture and vehicles | 24 | €4,602 | €4,602 | = | 0.0% |
| Leasing and similar rights | 25 | €9,523 | €9,523 | = | 0.0% |
| Financial fixed assets | 28 | €110,600 | €110,600 | = | 0.0% |
| Current assets | 29/58 | €85,463 | €118,074 | +€32,611 | +38.2% |
| Amounts receivable after more than one year | 29 | €326 | €326 | = | 0.0% |
| Trade receivables | 290 | €326 | €326 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €72,957 | €106,798 | +€33,841 | +46.4% |
| Trade receivables | 40 | €41,622 | €42,763 | +€1,141 | +2.7% |
| Other amounts receivable | 41 | €31,335 | €64,035 | +€32,700 | +104% |
| Cash at bank and in hand | 54/58 | €5,100 | €5,100 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €7,079 | €5,849 | -€1,230 | -17.4% |
| Total equity and liabilities | 10/49 | €285,723 | €311,509 | +€25,786 | +9.0% |
| Equity | 10/15 | €134,193 | €163,978 | +€29,786 | +22.2% |
| 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 | €95,546 | €95,546 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,225 | €35,225 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €33,365 | €33,365 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,821 | €44,821 | = | 0.0% |
| Distributable reserves | 133 | €15,500 | €15,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,047 | €49,832 | +€29,786 | +149% |
| Amounts payable | 17/49 | €151,531 | €147,531 | -€4,000 | -2.6% |
| Amounts payable after more than one year | 17 | €62,112 | €41,950 | -€20,162 | -32.5% |
| Financial debts | 170/4 | €62,112 | €41,950 | -€20,162 | -32.5% |
| Amounts payable within one year | 42/48 | €89,419 | €105,581 | +€16,162 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €3,425 | €10,268 | +€6,843 | +200% |
| Trade debts | 44 | €84,260 | €93,579 | +€9,319 | +11.1% |
| Suppliers | 440/4 | €84,260 | €93,579 | +€9,319 | +11.1% |
| Taxes, remuneration and social security | 45 | €1,734 | €1,734 | = | 0.0% |
| Taxes | 450/3 | €1,734 | €1,734 | = | 0.0% |
| Turnover | 70 | €173,999 | €188,577 | +€14,577 | +8.4% |
| Non-recurring operating income | 76A | - | €18,178 | +€18,178 | |
| Goods, raw materials, services and sundry goods | 60/61 | €172,882 | €120,439 | -€52,443 | -30.3% |
| Remuneration, social security and pensions | 62 | - | €48,000 | +€48,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,825 | €6,825 | = | 0.0% |
| Other operating charges | 640/8 | €1,868 | €2,455 | +€588 | +31.5% |
| Gross operating margin | 9900 | €1,118 | €86,316 | +€85,198 | +7,623% |
| Operating profit (loss) | 9901 | -€7,575 | €29,036 | +€36,611 | |
| Financial income | 75/76B | €14,441 | €1,570 | -€12,871 | -89.1% |
| Recurring financial income | 75 | €14,441 | €1,570 | -€12,871 | -89.1% |
| Financial charges | 65/66B | €4,551 | €213 | -€4,339 | -95.3% |
| Recurring financial charges | 65 | €4,551 | €213 | -€4,339 | -95.3% |
| Profit (loss) for the period before taxes | 9903 | €2,315 | €30,393 | +€28,079 | +1,213% |
| Income taxes | 67/77 | - | €608 | +€608 | |
| Profit (loss) for the period | 9904 | €2,315 | €29,786 | +€27,471 | +1,187% |
| Profit (loss) for the period to be appropriated | 9905 | €2,315 | €29,786 | +€27,471 | +1,187% |
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 14 October 2026 via checked.be.