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JLogic: what changed

Two fiscal 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.

What changed

JLogic

BE 0744.372.753
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€69,139
2023 · €12,443-€81,582
Equity
€200,807
2023 · €269,946-€69,139
Cash
€175,992
2023 · €276,474-€100,482
Balance sheet total
€212,726
2023 · €316,525-€103,799

Largest movements

2023 to 2024
Assets
  • Cash -€100,482

    down €100,482 (-36.3%), from €276,474 to €175,992

    mainly Net result for the year (-€69,139) and Tax, wage and social debts (-€36,370)

  • Tangible fixed assets -€5,607

    down €5,607 (-26.9%), from €20,836 to €15,230

    of which Furniture and vehicles: -€5,130

Equity and liabilities
  • Profit (loss) carried forward -€69,139

    down €69,139, from €12,443 to -€56,696

  • Tax, wage and social debts -€36,370

    down €36,370 (-82.1%), from €44,321 to €7,951

Income statement
  • Gross operating margin -€102,055

    down €102,055, from €41,482 to -€60,573

  • Other operating charges -€12,375

    down €12,375 (-85.1%), from €14,544 to €2,169

  • Taxes -€7,634

    down €7,634 (-98.0%), from €7,792 to €159

  • Financial charges -€4,825

    down €4,825 (-88.4%), from €5,456 to €631

  • Depreciation +€4,093

    up €4,093 (+270.4%), from €1,514 to €5,607

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €12,443
Gross operating margin -€102,055
Depreciation -€4,093
Other operating charges +€12,375
Financial income -€267
Financial charges +€4,825
Taxes +€7,634
Result 2024 -€69,139

Cash bridge derived

cash 2023 to 2024

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.

From operations -€100,482
Investment €0
Financing €0
Cash 2023 €276,474
Net result for the year -€69,139
Depreciation +€5,607
Receivables within one year -€2,290
Trade debts +€1,494
Tax, wage and social debts -€36,370
Other debts +€216
Cash 2024 €175,992
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €316,525 €212,726 -€103,799 -32.8%
Fixed assets 21/28 €20,836 €15,230 -€5,607 -26.9%
Tangible fixed assets 22/27 €20,836 €15,230 -€5,607 -26.9%
Plant, machinery and equipment 23 €477 - -€477
Furniture and vehicles 24 €20,360 €15,230 -€5,130 -25.2%
Current assets 29/58 €295,688 €197,496 -€98,192 -33.2%
Amounts receivable within one year 40/41 €19,214 €21,504 +€2,290 +11.9%
Trade receivables 40 €16,734 €17,874 +€1,140 +6.8%
Other amounts receivable 41 €2,480 €3,630 +€1,150 +46.4%
Cash at bank and in hand 54/58 €276,474 €175,992 -€100,482 -36.3%
Total equity and liabilities 10/49 €316,525 €212,726 -€103,799 -32.8%
Equity 10/15 €269,946 €200,807 -€69,139 -25.6%
Contributions 10/11 €4,000 €4,000 = 0.0%
Reserves 13 €253,503 €253,503 = 0.0%
Distributable reserves 133 €253,503 €253,503 = 0.0%
Profit (loss) carried forward 14 €12,443 -€56,696 -€69,139
Amounts payable 17/49 €46,579 €11,919 -€34,660 -74.4%
Amounts payable within one year 42/48 €46,579 €11,919 -€34,660 -74.4%
Trade debts 44 €1,345 €2,840 +€1,494 +111.0%
Suppliers 440/4 €1,345 €2,840 +€1,494 +111.0%
Taxes, remuneration and social security 45 €44,321 €7,951 -€36,370 -82.1%
Taxes 450/3 €44,321 €7,951 -€36,370 -82.1%
Other amounts payable 47/48 €912 €1,129 +€216 +23.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,514 €5,607 +€4,093 +270.4%
Other operating charges 640/8 €14,544 €2,169 -€12,375 -85.1%
Gross operating margin 9900 €41,482 -€60,573 -€102,055
Operating profit (loss) 9901 €25,424 -€68,349 -€93,773
Financial income 75/76B €267 - -€267
Recurring financial income 75 €267 - -€267
Financial charges 65/66B €5,456 €631 -€4,825 -88.4%
Recurring financial charges 65 €5,456 €631 -€4,825 -88.4%
Profit (loss) for the period before taxes 9903 €20,235 -€68,980 -€89,215
Income taxes 67/77 €7,792 €159 -€7,634 -98.0%
Profit (loss) for the period 9904 €12,443 -€69,139 -€81,582
Profit (loss) for the period to be appropriated 9905 €12,443 -€69,139 -€81,582

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.