JLOG PROJECTS: 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.
JLOG PROJECTS
Largest movements
- Cash +€60,148
up €60,148 (+43.9%), from €137,127 to €197,276
mainly Net result for the year (+€49,943) and Depreciation (+€9,475)
- Tangible fixed assets -€5,827
down €5,827 (-18.6%), from €31,294 to €25,467
of which Furniture and vehicles: -€5,573
- Receivables within one year -€3,886
down €3,886 (-11.2%), from €34,734 to €30,848
of which Other amounts receivable: -€2,017
- Reserves +€49,943
up €49,943 (+25.1%), from €199,221 to €249,164
- Gross operating margin +€13,473
up €13,473 (+20.4%), from €66,146 to €79,620
- Taxes +€3,376
up €3,376 (+21.1%), from €15,979 to €19,354
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 | €203,155 | €255,367 | +€52,212 | +25.7% |
| Fixed assets | 21/28 | €31,294 | €25,467 | -€5,827 | -18.6% |
| Tangible fixed assets | 22/27 | €31,294 | €25,467 | -€5,827 | -18.6% |
| Plant, machinery and equipment | 23 | €587 | €333 | -€254 | -43.2% |
| Furniture and vehicles | 24 | €30,707 | €25,133 | -€5,573 | -18.2% |
| Current assets | 29/58 | €171,862 | €229,900 | +€58,039 | +33.8% |
| Amounts receivable within one year | 40/41 | €34,734 | €30,848 | -€3,886 | -11.2% |
| Trade receivables | 40 | €32,718 | €30,848 | -€1,870 | -5.7% |
| Other amounts receivable | 41 | €2,017 | - | -€2,017 | |
| Cash at bank and in hand | 54/58 | €137,127 | €197,276 | +€60,148 | +43.9% |
| Deferred charges and accrued income | 490/1 | - | €1,777 | +€1,777 | |
| Total equity and liabilities | 10/49 | €203,155 | €255,367 | +€52,212 | +25.7% |
| Equity | 10/15 | €200,221 | €250,164 | +€49,943 | +24.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €199,221 | €249,164 | +€49,943 | +25.1% |
| Distributable reserves | 133 | €199,221 | €249,164 | +€49,943 | +25.1% |
| Amounts payable | 17/49 | €2,935 | €5,203 | +€2,268 | +77.3% |
| Amounts payable within one year | 42/48 | €2,135 | €5,203 | +€3,068 | +143.7% |
| Trade debts | 44 | €326 | - | -€326 | |
| Suppliers | 440/4 | €326 | - | -€326 | |
| Taxes, remuneration and social security | 45 | €1,218 | €3,086 | +€1,868 | +153.3% |
| Taxes | 450/3 | €1,218 | €3,086 | +€1,868 | +153.3% |
| Other amounts payable | 47/48 | €590 | €2,117 | +€1,527 | +258.6% |
| Accrued charges and deferred income | 492/3 | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,948 | €9,475 | +€527 | +5.9% |
| Other operating charges | 640/8 | €724 | €682 | -€42 | -5.9% |
| Gross operating margin | 9900 | €66,146 | €79,620 | +€13,473 | +20.4% |
| Operating profit (loss) | 9901 | €56,474 | €69,463 | +€12,989 | +23.0% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €96 | €171 | +€75 | +78.5% |
| Recurring financial charges | 65 | €96 | €171 | +€75 | +78.5% |
| Profit (loss) for the period before taxes | 9903 | €56,379 | €69,298 | +€12,919 | +22.9% |
| Income taxes | 67/77 | €15,979 | €19,354 | +€3,376 | +21.1% |
| Profit (loss) for the period | 9904 | €40,400 | €49,943 | +€9,543 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,400 | €49,943 | +€9,543 | +23.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.