JLS JWLS: 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 JWLS
Largest movements
- Cash -€4,298
down €4,298 (-42.8%), from €10,034 to €5,736
mainly Net result for the year (-€4,839) and Tax, wage and social debts (-€2,261)
- Tangible fixed assets -€1,398
down €1,398 (-63.4%), from €2,204 to €806
of which Plant, machinery and equipment: -€2,204
- Receivables within one year -€170
down €170 (-54.0%), from €315 to €145
- Profit (loss) carried forward -€4,839
down €4,839 (-114%), from -€4,244 to -€9,083
- Tax, wage and social debts -€2,261
down €2,261 (-46.3%), from €4,879 to €2,618
- Other debts +€2,253
up €2,253 (+27.2%), from €8,296 to €10,549
- Trade debts -€1,101
down €1,101 (-40.7%), from €2,706 to €1,604
- Financial charges -€2,760
down €2,760 (-88.4%), from €3,122 to €362
- Other operating charges -€753
down €753 (-58.1%), from €1,297 to €544
- Financial income -€274
down €274 (-98.9%), from €277 to €3
- Depreciation -€241
down €241 (-18.0%), from €1,336 to €1,095
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.
Derived cash bridge
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 | €12,636 | €6,688 | -€5,949 | -47.1% |
| Fixed assets | 21/28 | €2,204 | €806 | -€1,398 | -63.4% |
| Tangible fixed assets | 22/27 | €2,204 | €806 | -€1,398 | -63.4% |
| Plant, machinery and equipment | 23 | €2,204 | - | -€2,204 | |
| Furniture and vehicles | 24 | - | €806 | +€806 | |
| Current assets | 29/58 | €10,433 | €5,882 | -€4,551 | -43.6% |
| Amounts receivable within one year | 40/41 | €315 | €145 | -€170 | -54.0% |
| Trade receivables | 40 | €315 | €145 | -€170 | -54.0% |
| Cash at bank and in hand | 54/58 | €10,034 | €5,736 | -€4,298 | -42.8% |
| Deferred charges and accrued income | 490/1 | €83 | - | -€83 | |
| Total equity and liabilities | 10/49 | €12,636 | €6,688 | -€5,949 | -47.1% |
| Equity | 10/15 | -€3,244 | -€8,083 | -€4,839 | -149% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,244 | -€9,083 | -€4,839 | -114% |
| Amounts payable | 17/49 | €15,881 | €14,771 | -€1,110 | -7.0% |
| Amounts payable within one year | 42/48 | €15,881 | €14,771 | -€1,110 | -7.0% |
| Trade debts | 44 | €2,706 | €1,604 | -€1,101 | -40.7% |
| Suppliers | 440/4 | €2,706 | €1,604 | -€1,101 | -40.7% |
| Taxes, remuneration and social security | 45 | €4,879 | €2,618 | -€2,261 | -46.3% |
| Taxes | 450/3 | €4,879 | €2,618 | -€2,261 | -46.3% |
| Other amounts payable | 47/48 | €8,296 | €10,549 | +€2,253 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,336 | €1,095 | -€241 | -18.0% |
| Other operating charges | 640/8 | €1,297 | €544 | -€753 | -58.1% |
| Non-recurring operating charges | 66A | - | €302 | +€302 | |
| Gross operating margin | 9900 | -€2,394 | -€2,399 | -€5 | -0.2% |
| Operating profit (loss) | 9901 | -€5,026 | -€4,340 | +€686 | +13.6% |
| Financial income | 75/76B | €277 | €3 | -€274 | -98.9% |
| Recurring financial income | 75 | €277 | €3 | -€274 | -98.9% |
| Financial charges | 65/66B | €3,122 | €362 | -€2,760 | -88.4% |
| Recurring financial charges | 65 | €3,122 | €362 | -€2,760 | -88.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,871 | -€4,699 | +€3,172 | +40.3% |
| Income taxes | 67/77 | €117 | €140 | +€23 | +19.7% |
| Profit (loss) for the period | 9904 | -€7,988 | -€4,839 | +€3,149 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,988 | -€4,839 | +€3,149 | +39.4% |
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 14 October 2026 via checked.be.