JLsigns: 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.
JLsigns
Largest movements
- Receivables within one year -€309,860
down €309,860 (-65.2%), from €475,092 to €165,232
of which Trade receivables: -€309,803
- Financial fixed assets +€10,545
new in 2025: €10,545
- Deferred charges and accrued income +€6,712
up €6,712 (+140.1%), from €4,790 to €11,502
- Accrued charges and deferred income -€197,592
down €197,592 (-100.0%), from €197,592 to €0
- Reserves -€35,510
down €35,510 (-64.0%), from €55,443 to €19,934
- Short-term financial debts -€30,000
down €30,000 (-100.0%), from €30,000 to €0
- Tax, wage and social debts -€26,189
down €26,189 (-41.6%), from €63,028 to €36,839
of which Taxes: -€33,552
- Other debts -€6,852
down €6,852 (-90.0%), from €7,610 to €758
- Gross operating margin +€28,581
up €28,581 (+25.8%), from €110,873 to €139,453
- Staff costs +€26,468
up €26,468 (+37.4%), from €70,751 to €97,220
- Financial charges -€5,371
down €5,371 (-61.9%), from €8,671 to €3,300
- Depreciation +€2,207
up €2,207 (+36.8%), from €5,993 to €8,200
- Taxes +€1,838
up €1,838 (+21.0%), from €8,756 to €10,594
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 | €504,892 | €209,502 | -€295,390 | -58.5% |
| Fixed assets | 21/28 | €16,547 | €22,502 | +€5,954 | +36.0% |
| Intangible fixed assets | 21 | €1,939 | €1,295 | -€644 | -33.2% |
| Tangible fixed assets | 22/27 | €14,608 | €10,662 | -€3,947 | -27.0% |
| Furniture and vehicles | 24 | €14,608 | €10,662 | -€3,947 | -27.0% |
| Financial fixed assets | 28 | - | €10,545 | +€10,545 | |
| Current assets | 29/58 | €488,345 | €187,000 | -€301,344 | -61.7% |
| Amounts receivable within one year | 40/41 | €475,092 | €165,232 | -€309,860 | -65.2% |
| Trade receivables | 40 | €475,036 | €165,232 | -€309,803 | -65.2% |
| Other amounts receivable | 41 | €56 | €0 | -€56 | -100.0% |
| Cash at bank and in hand | 54/58 | €8,463 | €10,266 | +€1,803 | +21.3% |
| Deferred charges and accrued income | 490/1 | €4,790 | €11,502 | +€6,712 | +140.1% |
| Total equity and liabilities | 10/49 | €504,892 | €209,502 | -€295,390 | -58.5% |
| Equity | 10/15 | €55,543 | €20,034 | -€35,510 | -63.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €55,443 | €19,934 | -€35,510 | -64.0% |
| Distributable reserves | 133 | €55,443 | €19,934 | -€35,510 | -64.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €449,349 | €189,469 | -€259,880 | -57.8% |
| Amounts payable within one year | 42/48 | €251,757 | €189,469 | -€62,288 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | - | €3,029 | +€3,029 | |
| Financial debts | 43 | €30,000 | €0 | -€30,000 | -100.0% |
| Credit institutions | 430/8 | €30,000 | €0 | -€30,000 | -100.0% |
| Trade debts | 44 | €151,119 | €148,844 | -€2,275 | -1.5% |
| Suppliers | 440/4 | €151,119 | €148,844 | -€2,275 | -1.5% |
| Taxes, remuneration and social security | 45 | €63,028 | €36,839 | -€26,189 | -41.6% |
| Taxes | 450/3 | €54,671 | €21,119 | -€33,552 | -61.4% |
| Remuneration and social security | 454/9 | €8,356 | €15,719 | +€7,363 | +88.1% |
| Other amounts payable | 47/48 | €7,610 | €758 | -€6,852 | -90.0% |
| Accrued charges and deferred income | 492/3 | €197,592 | €0 | -€197,592 | -100.0% |
| Remuneration, social security and pensions | 62 | €70,751 | €97,220 | +€26,468 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,993 | €8,200 | +€2,207 | +36.8% |
| Other operating charges | 640/8 | €265 | €462 | +€197 | +74.3% |
| Gross operating margin | 9900 | €110,873 | €139,453 | +€28,581 | +25.8% |
| Operating profit (loss) | 9901 | €33,864 | €33,572 | -€291 | -0.9% |
| Financial income | 75/76B | €488 | €255 | -€233 | -47.8% |
| Recurring financial income | 75 | €488 | €255 | -€233 | -47.8% |
| Financial charges | 65/66B | €8,671 | €3,300 | -€5,371 | -61.9% |
| Recurring financial charges | 65 | €8,671 | €3,300 | -€5,371 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €25,681 | €30,527 | +€4,846 | +18.9% |
| Income taxes | 67/77 | €8,756 | €10,594 | +€1,838 | +21.0% |
| Profit (loss) for the period | 9904 | €16,926 | €19,934 | +€3,008 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,926 | €19,934 | +€3,008 | +17.8% |
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 12 October 2026 via checked.be.