JLS: 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.
JLS
Largest movements
- Tangible fixed assets -€18,179
down €18,179 (-34.8%), from €52,277 to €34,098
of which Other tangible fixed assets: -€10,692
- Cash +€7,637
up €7,637 (+1407.8%), from €542 to €8,179
mainly Net result for the year (+€33,796) and Depreciation (+€19,279)
- Receivables within one year -€2,101
down €2,101 (-93.5%), from €2,247 to €146
of which Trade receivables: -€2,101
- Other debts -€60,288
down €60,288 (-48.0%), from €125,697 to €65,409
- Profit (loss) carried forward +€33,796
up €33,796 (+25.6%), from -€132,123 to -€98,327
- Trade debts +€12,444
up €12,444 (+65.6%), from €18,969 to €31,413
- Accrued charges and deferred income +€1,372
up €1,372 (+97.7%), from €1,404 to €2,777
- Advances received +€1,346
new in 2025: €1,346
- Gross operating margin +€1,302
up €1,302 (+2.3%), from €55,647 to €56,950
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 | €56,166 | €43,641 | -€12,525 | -22.3% |
| Fixed assets | 21/28 | €53,377 | €35,198 | -€18,179 | -34.1% |
| Tangible fixed assets | 22/27 | €52,277 | €34,098 | -€18,179 | -34.8% |
| Plant, machinery and equipment | 23 | €7,035 | €5,186 | -€1,848 | -26.3% |
| Furniture and vehicles | 24 | €9,565 | €3,927 | -€5,638 | -58.9% |
| Other tangible fixed assets | 26 | €35,677 | €24,984 | -€10,692 | -30.0% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €2,789 | €8,443 | +€5,654 | +202.7% |
| Amounts receivable within one year | 40/41 | €2,247 | €146 | -€2,101 | -93.5% |
| Trade receivables | 40 | €2,247 | €146 | -€2,101 | -93.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €542 | €8,179 | +€7,637 | +1407.8% |
| Deferred charges and accrued income | 490/1 | - | €118 | +€118 | |
| Total equity and liabilities | 10/49 | €56,166 | €43,641 | -€12,525 | -22.3% |
| Equity | 10/15 | -€107,123 | -€73,327 | +€33,796 | +31.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,123 | -€98,327 | +€33,796 | +25.6% |
| Amounts payable | 17/49 | €163,289 | €116,968 | -€46,321 | -28.4% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €146,885 | €99,192 | -€47,693 | -32.5% |
| Trade debts | 44 | €18,969 | €31,413 | +€12,444 | +65.6% |
| Suppliers | 440/4 | €18,969 | €31,413 | +€12,444 | +65.6% |
| Advances received on contracts in progress | 46 | - | €1,346 | +€1,346 | |
| Taxes, remuneration and social security | 45 | €2,218 | €1,023 | -€1,195 | -53.9% |
| Taxes | 450/3 | €2,218 | €1,023 | -€1,195 | -53.9% |
| Other amounts payable | 47/48 | €125,697 | €65,409 | -€60,288 | -48.0% |
| Accrued charges and deferred income | 492/3 | €1,404 | €2,777 | +€1,372 | +97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,183 | €19,279 | +€96 | +0.5% |
| Other operating charges | 640/8 | €3,000 | €3,037 | +€37 | +1.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €55,647 | €56,950 | +€1,302 | +2.3% |
| Operating profit (loss) | 9901 | €33,464 | €34,634 | +€1,170 | +3.5% |
| Financial charges | 65/66B | €803 | €838 | +€35 | +4.4% |
| Recurring financial charges | 65 | €803 | €838 | +€35 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €32,661 | €33,796 | +€1,134 | +3.5% |
| Profit (loss) for the period | 9904 | €32,661 | €33,796 | +€1,134 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,661 | €33,796 | +€1,134 | +3.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.