JLS CONCEPT: 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 CONCEPT
Largest movements
- Receivables within one year -€12,594
down €12,594 (-36.4%), from €34,587 to €21,993
of which Other amounts receivable: -€8,606
- Cash -€3,229
down €3,229 (-18.4%), from €17,554 to €14,325
mainly Trade debts (-€8,455) and Investment in fixed assets (net) (-€6,953)
- Tangible fixed assets +€2,564
up €2,564 (+21.6%), from €11,850 to €14,414
of which Furniture and vehicles: +€3,818
- Trade debts -€8,455
down €8,455 (-79.0%), from €10,707 to €2,251
- Profit (loss) carried forward -€2,518
down €2,518 (-25.6%), from -€9,821 to -€12,339
- Tax, wage and social debts -€2,103
down €2,103 (-70.4%), from €2,988 to €884
- Gross operating margin +€6,093
up €6,093, from -€2,997 to €3,095
- Depreciation +€397
up €397 (+10.0%), from €3,991 to €4,389
- Financial charges -€318
down €318 (-35.7%), from €891 to €572
- Financial income +€144
up €144 (+4388.8%), from €3 to €148
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 | €65,251 | €52,241 | -€13,010 | -19.9% |
| Fixed assets | 21/28 | €11,850 | €14,414 | +€2,564 | +21.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €11,850 | €14,414 | +€2,564 | +21.6% |
| Plant, machinery and equipment | 23 | €7,329 | €6,075 | -€1,254 | -17.1% |
| Furniture and vehicles | 24 | €4,521 | €8,340 | +€3,818 | +84.5% |
| Current assets | 29/58 | €53,400 | €37,827 | -€15,574 | -29.2% |
| Amounts receivable within one year | 40/41 | €34,587 | €21,993 | -€12,594 | -36.4% |
| Trade receivables | 40 | €6,099 | €2,110 | -€3,989 | -65.4% |
| Other amounts receivable | 41 | €28,489 | €19,883 | -€8,606 | -30.2% |
| Cash at bank and in hand | 54/58 | €17,554 | €14,325 | -€3,229 | -18.4% |
| Deferred charges and accrued income | 490/1 | €1,260 | €1,509 | +€250 | +19.8% |
| Total equity and liabilities | 10/49 | €65,251 | €52,241 | -€13,010 | -19.9% |
| Equity | 10/15 | €50,557 | €48,038 | -€2,518 | -5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,777 | €41,777 | = | 0.0% |
| Distributable reserves | 133 | €41,777 | €41,777 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,821 | -€12,339 | -€2,518 | -25.6% |
| Amounts payable | 17/49 | €14,694 | €4,203 | -€10,491 | -71.4% |
| Amounts payable within one year | 42/48 | €14,694 | €4,136 | -€10,558 | -71.9% |
| Current portion of amounts payable after more than one year | 42 | €1,000 | €1,000 | = | 0.0% |
| Trade debts | 44 | €10,707 | €2,251 | -€8,455 | -79.0% |
| Suppliers | 440/4 | €10,707 | €2,251 | -€8,455 | -79.0% |
| Taxes, remuneration and social security | 45 | €2,988 | €884 | -€2,103 | -70.4% |
| Taxes | 450/3 | €2,988 | €884 | -€2,103 | -70.4% |
| Accrued charges and deferred income | 492/3 | - | €67 | +€67 | |
| Remuneration, social security and pensions | 62 | €101 | €130 | +€29 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,991 | €4,389 | +€397 | +10.0% |
| Other operating charges | 640/8 | €670 | €670 | -€0 | 0.0% |
| Non-recurring operating charges | 66A | €1,174 | - | -€1,174 | |
| Gross operating margin | 9900 | -€2,997 | €3,095 | +€6,093 | |
| Operating profit (loss) | 9901 | -€8,933 | -€2,093 | +€6,840 | +76.6% |
| Financial income | 75/76B | €3 | €148 | +€144 | +4388.8% |
| Recurring financial income | 75 | €3 | €148 | +€144 | +4388.8% |
| Financial charges | 65/66B | €891 | €572 | -€318 | -35.7% |
| Recurring financial charges | 65 | €891 | €572 | -€318 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,821 | -€2,518 | +€7,303 | +74.4% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100.0% |
| Profit (loss) for the period | 9904 | -€9,821 | -€2,518 | +€7,303 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,821 | -€2,518 | +€7,303 | +74.4% |
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 28 September 2026 via checked.be.