JLS: 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.
JLS
Largest movements
- Cash +€216,412
up €216,412 (+147.0%), from €147,220 to €363,633
mainly Current investments (+€100,000) and Net result for the year (+€91,991)
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Receivables within one year -€36,085
down €36,085 (-32.9%), from €109,788 to €73,703
of which Trade receivables: -€42,696
- Tangible fixed assets -€13,812
down €13,812 (-23.2%), from €59,652 to €45,840
of which Furniture and vehicles: -€11,241
- Reserves +€83,950
up €83,950 (+23.5%), from €356,600 to €440,550
- Current portion of long-term debt -€6,103
down €6,103 (-100.0%), from €6,103 to €0
- Gross operating margin +€12,012
up €12,012 (+9.5%), from €126,654 to €138,667
- Financial income +€3,891
up €3,891 (+1432.2%), from €272 to €4,162
- Taxes +€1,800
up €1,800 (+6.8%), from €26,644 to €28,444
- Other operating charges -€1,477
down €1,477 (-46.3%), from €3,192 to €1,716
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 | €418,132 | €485,323 | +€67,191 | +16.1% |
| Fixed assets | 21/28 | €59,652 | €45,840 | -€13,812 | -23.2% |
| Tangible fixed assets | 22/27 | €59,652 | €45,840 | -€13,812 | -23.2% |
| Plant, machinery and equipment | 23 | €1,651 | €2,581 | +€930 | +56.3% |
| Furniture and vehicles | 24 | €31,855 | €20,614 | -€11,241 | -35.3% |
| Other tangible fixed assets | 26 | €26,146 | €22,645 | -€3,501 | -13.4% |
| Current assets | 29/58 | €358,480 | €439,483 | +€81,003 | +22.6% |
| Amounts receivable within one year | 40/41 | €109,788 | €73,703 | -€36,085 | -32.9% |
| Trade receivables | 40 | €104,278 | €61,582 | -€42,696 | -40.9% |
| Other amounts receivable | 41 | €5,510 | €12,121 | +€6,611 | +120.0% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €147,220 | €363,633 | +€216,412 | +147.0% |
| Deferred charges and accrued income | 490/1 | €1,471 | €2,147 | +€676 | +45.9% |
| Total equity and liabilities | 10/49 | €418,132 | €485,323 | +€67,191 | +16.1% |
| Equity | 10/15 | €359,608 | €443,598 | +€83,991 | +23.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €356,600 | €440,550 | +€83,950 | +23.5% |
| Distributable reserves | 133 | €356,600 | €440,550 | +€83,950 | +23.5% |
| Profit (loss) carried forward | 14 | €8 | €48 | +€41 | +540.6% |
| Amounts payable | 17/49 | €58,524 | €41,724 | -€16,800 | -28.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €58,524 | €41,724 | -€16,800 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €6,103 | €0 | -€6,103 | -100.0% |
| Financial debts | 43 | €4,853 | €4,037 | -€816 | -16.8% |
| Other loans | 439 | €4,853 | €4,037 | -€816 | -16.8% |
| Trade debts | 44 | €6,341 | €1,674 | -€4,666 | -73.6% |
| Suppliers | 440/4 | €6,341 | €1,674 | -€4,666 | -73.6% |
| Taxes, remuneration and social security | 45 | €32,241 | €28,012 | -€4,229 | -13.1% |
| Taxes | 450/3 | €32,241 | €28,012 | -€4,229 | -13.1% |
| Other amounts payable | 47/48 | €8,986 | €8,000 | -€986 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,300 | €20,579 | -€721 | -3.4% |
| Other operating charges | 640/8 | €3,192 | €1,716 | -€1,477 | -46.3% |
| Gross operating margin | 9900 | €126,654 | €138,667 | +€12,012 | +9.5% |
| Operating profit (loss) | 9901 | €102,162 | €116,372 | +€14,210 | +13.9% |
| Financial income | 75/76B | €272 | €4,162 | +€3,891 | +1432.2% |
| Recurring financial income | 75 | €272 | €4,162 | +€3,891 | +1432.2% |
| Financial charges | 65/66B | €1,286 | €100 | -€1,186 | -92.2% |
| Recurring financial charges | 65 | €1,286 | €100 | -€1,186 | -92.2% |
| Profit (loss) for the period before taxes | 9903 | €101,148 | €120,435 | +€19,286 | +19.1% |
| Income taxes | 67/77 | €26,644 | €28,444 | +€1,800 | +6.8% |
| Profit (loss) for the period | 9904 | €74,504 | €91,991 | +€17,487 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €74,504 | €91,991 | +€17,487 | +23.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.