JLP Management: 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.
JLP Management
Largest movements
- Cash +€554,797
up €554,797 (+1,933%), from €28,708 to €583,505
- Current investments -€400,000
no longer reported in 2025 (was €400,000)
- Financial fixed assets +€78,080
up €78,080 (+349%), from €22,385 to €100,465
- Tangible fixed assets -€70,328
down €70,328 (-10.8%), from €650,319 to €579,992
of which Land and buildings: -€67,806
- Receivables after one year +€45,085
up €45,085 (+117%), from €38,500 to €83,585
- Profit (loss) carried forward +€281,279
up €281,279 (+62.7%), from €448,794 to €730,073
- Debts after one year -€89,081
down €89,081 (-75.3%), from €118,242 to €29,161
- Other debts +€60,901
new in 2025: €60,901
- Current portion of long-term debt -€26,128
down €26,128 (-44.7%), from €58,441 to €32,313
- Tax, wage and social debts -€19,068
down €19,068 (-71.5%), from €26,672 to €7,604
- Financial charges -€67,126
down €67,126 (-93.1%), from €72,139 to €5,012
of which Non-recurring financial charges: -€63,401
- Taxes +€9,490
up €9,490 (+69.3%), from €13,700 to €23,190
- Financial income +€8,169
up €8,169 (+8.7%), from €94,288 to €102,456
of which Financial income: +€7,987
- Depreciation -€6,798
down €6,798 (-16.4%), from €41,350 to €34,552
- Gross operating margin +€3,484
up €3,484 (+3.2%), from €108,456 to €111,940
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,324,368 | €1,534,426 | +€210,058 | +15.9% |
| Fixed assets | 21/28 | €672,704 | €680,457 | +€7,753 | +1.2% |
| Tangible fixed assets | 22/27 | €650,319 | €579,992 | -€70,328 | -10.8% |
| Land and buildings | 22 | €647,736 | €579,930 | -€67,806 | -10.5% |
| Plant, machinery and equipment | 23 | €1,999 | €33 | -€1,966 | -98.3% |
| Furniture and vehicles | 24 | €585 | €29 | -€556 | -95.1% |
| Financial fixed assets | 28 | €22,385 | €100,465 | +€78,080 | +349% |
| Current assets | 29/58 | €651,664 | €853,969 | +€202,306 | +31.0% |
| Amounts receivable after more than one year | 29 | €38,500 | €83,585 | +€45,085 | +117% |
| Other amounts receivable | 291 | €38,500 | €83,585 | +€45,085 | +117% |
| Amounts receivable within one year | 40/41 | €173,337 | €169,699 | -€3,637 | -2.1% |
| Trade receivables | 40 | €37,736 | €74,015 | +€36,279 | +96.1% |
| Other amounts receivable | 41 | €135,600 | €95,684 | -€39,916 | -29.4% |
| Current investments | 50/53 | €400,000 | - | -€400,000 | |
| Cash at bank and in hand | 54/58 | €28,708 | €583,505 | +€554,797 | +1,933% |
| Deferred charges and accrued income | 490/1 | €11,119 | €17,181 | +€6,062 | +54.5% |
| Total equity and liabilities | 10/49 | €1,324,368 | €1,534,426 | +€210,058 | +15.9% |
| Equity | 10/15 | €1,119,646 | €1,400,926 | +€281,279 | +25.1% |
| Contributions | 10/11 | €663,600 | €663,600 | = | 0.0% |
| Reserves | 13 | €7,252 | €7,252 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,252 | €7,252 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,252 | €7,252 | = | 0.0% |
| Profit (loss) carried forward | 14 | €448,794 | €730,073 | +€281,279 | +62.7% |
| Amounts payable | 17/49 | €204,722 | €133,500 | -€71,221 | -34.8% |
| Amounts payable after more than one year | 17 | €118,242 | €29,161 | -€89,081 | -75.3% |
| Financial debts | 170/4 | €118,242 | €29,161 | -€89,081 | -75.3% |
| Amounts payable within one year | 42/48 | €85,730 | €101,893 | +€16,163 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €58,441 | €32,313 | -€26,128 | -44.7% |
| Trade debts | 44 | €617 | €1,074 | +€457 | +74.0% |
| Suppliers | 440/4 | €617 | €1,074 | +€457 | +74.0% |
| Taxes, remuneration and social security | 45 | €26,672 | €7,604 | -€19,068 | -71.5% |
| Taxes | 450/3 | €26,672 | €7,604 | -€19,068 | -71.5% |
| Other amounts payable | 47/48 | - | €60,901 | +€60,901 | |
| Accrued charges and deferred income | 492/3 | €750 | €2,446 | +€1,696 | +226% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,350 | €34,552 | -€6,798 | -16.4% |
| Other operating charges | 640/8 | €4,776 | €8,037 | +€3,261 | +68.3% |
| Gross operating margin | 9900 | €108,456 | €111,940 | +€3,484 | +3.2% |
| Operating profit (loss) | 9901 | €62,330 | €69,351 | +€7,021 | +11.3% |
| Financial income | 75/76B | €94,288 | €102,456 | +€8,169 | +8.7% |
| Recurring financial income | 75 | €94,288 | €102,275 | +€7,987 | +8.5% |
| Non-recurring financial income | 76B | - | €182 | +€182 | |
| Financial charges | 65/66B | €72,139 | €5,012 | -€67,126 | -93.1% |
| Recurring financial charges | 65 | €8,738 | €5,012 | -€3,726 | -42.6% |
| Non-recurring financial charges | 66B | €63,401 | - | -€63,401 | |
| Profit (loss) for the period before taxes | 9903 | €84,479 | €166,795 | +€82,316 | +97.4% |
| Income taxes | 67/77 | €13,700 | €23,190 | +€9,490 | +69.3% |
| Profit (loss) for the period | 9904 | €70,778 | €143,605 | +€72,826 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €70,778 | €143,605 | +€72,826 | +103% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.