JLRS: 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.
JLRS
Largest movements
- Current investments +€73,859
up €73,859 (+1538.8%), from €4,800 to €78,658
- Cash -€54,355
down €54,355 (-89.9%), from €60,438 to €6,083
mainly Current investments (-€73,859) and Contributions, distributions and other (-€55,667)
- Receivables within one year +€5,227
up €5,227 (+38.5%), from €13,592 to €18,819
of which Other amounts receivable: +€7,912
- Tangible fixed assets -€2,959
down €2,959 (-22.5%), from €13,141 to €10,182
of which Furniture and vehicles: -€4,579
- Deferred charges and accrued income +€1,347
new in 2025: €1,347
- Other debts +€41,006
new in 2025: €41,006
- Profit (loss) carried forward -€23,768
no longer reported in 2025 (was €23,768)
- Tax, wage and social debts +€6,751
up €6,751 (+94.9%), from €7,110 to €13,862
- Debts after one year -€3,061
down €3,061 (-49.7%), from €6,162 to €3,101
- Accrued charges and deferred income +€2,158
up €2,158 (+3731.3%), from €58 to €2,216
- Gross operating margin +€11,630
up €11,630 (+33.0%), from €35,262 to €46,892
- Taxes +€1,966
up €1,966 (+27.7%), from €7,110 to €9,077
- Financial charges +€483
up €483 (+261.7%), from €184 to €667
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 | €91,970 | €115,146 | +€23,175 | +25.2% |
| Fixed assets | 21/28 | €13,141 | €10,239 | -€2,902 | -22.1% |
| Tangible fixed assets | 22/27 | €13,141 | €10,182 | -€2,959 | -22.5% |
| Furniture and vehicles | 24 | €13,141 | €8,562 | -€4,579 | -34.8% |
| Other tangible fixed assets | 26 | - | €1,619 | +€1,619 | |
| Financial fixed assets | 28 | - | €57 | +€57 | |
| Current assets | 29/58 | €78,829 | €104,907 | +€26,077 | +33.1% |
| Amounts receivable within one year | 40/41 | €13,592 | €18,819 | +€5,227 | +38.5% |
| Trade receivables | 40 | €11,220 | €8,535 | -€2,685 | -23.9% |
| Other amounts receivable | 41 | €2,371 | €10,284 | +€7,912 | +333.7% |
| Current investments | 50/53 | €4,800 | €78,658 | +€73,859 | +1538.8% |
| Cash at bank and in hand | 54/58 | €60,438 | €6,083 | -€54,355 | -89.9% |
| Deferred charges and accrued income | 490/1 | - | €1,347 | +€1,347 | |
| Total equity and liabilities | 10/49 | €91,970 | €115,146 | +€23,175 | +25.2% |
| Equity | 10/15 | €73,433 | €49,665 | -€23,768 | -32.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €44,665 | €44,665 | = | 0.0% |
| Distributable reserves | 133 | €44,665 | €44,665 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,768 | - | -€23,768 | |
| Amounts payable | 17/49 | €18,537 | €65,481 | +€46,943 | +253.2% |
| Amounts payable after more than one year | 17 | €6,162 | €3,101 | -€3,061 | -49.7% |
| Financial debts | 170/4 | €6,162 | €3,101 | -€3,061 | -49.7% |
| Amounts payable within one year | 42/48 | €12,318 | €60,164 | +€47,846 | +388.4% |
| Current portion of amounts payable after more than one year | 42 | €3,477 | €3,337 | -€140 | -4.0% |
| Trade debts | 44 | €1,730 | €1,959 | +€229 | +13.2% |
| Suppliers | 440/4 | €1,730 | €1,959 | +€229 | +13.2% |
| Taxes, remuneration and social security | 45 | €7,110 | €13,862 | +€6,751 | +94.9% |
| Taxes | 450/3 | €7,110 | €13,862 | +€6,751 | +94.9% |
| Other amounts payable | 47/48 | - | €41,006 | +€41,006 | |
| Accrued charges and deferred income | 492/3 | €58 | €2,216 | +€2,158 | +3731.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,416 | €4,639 | +€223 | +5.1% |
| Other operating charges | 640/8 | €168 | €610 | +€442 | +263.1% |
| Gross operating margin | 9900 | €35,262 | €46,892 | +€11,630 | +33.0% |
| Operating profit (loss) | 9901 | €30,678 | €41,643 | +€10,965 | +35.7% |
| Financial income | 75/76B | €385 | €0 | -€385 | -100.0% |
| Recurring financial income | 75 | €385 | €0 | -€385 | -100.0% |
| Financial charges | 65/66B | €184 | €667 | +€483 | +261.7% |
| Recurring financial charges | 65 | €184 | €667 | +€483 | +261.7% |
| Profit (loss) for the period before taxes | 9903 | €30,878 | €40,975 | +€10,097 | +32.7% |
| Income taxes | 67/77 | €7,110 | €9,077 | +€1,966 | +27.7% |
| Profit (loss) for the period | 9904 | €23,768 | €31,899 | +€8,131 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,768 | €31,899 | +€8,131 | +34.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.