JLST: 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.
JLST
Largest movements
- Cash +€41,137
up €41,137 (+38.1%), from €107,899 to €149,037
mainly Other debts (+€75,825) and Net result for the year (+€43,782)
- Tangible fixed assets -€2,449
down €2,449 (-45.1%), from €5,426 to €2,977
- Receivables within one year +€1,598
up €1,598 (+117.1%), from €1,365 to €2,963
of which Trade receivables: +€989
- Other debts +€75,825
up €75,825 (+1613.1%), from €4,700 to €80,525
- Reserves -€36,932
down €36,932 (-35.5%), from €104,174 to €67,242
- Trade debts +€1,773
up €1,773 (+968.9%), from €183 to €1,956
- Gross operating margin +€7,887
up €7,887 (+15.5%), from €50,805 to €58,692
- Taxes +€2,089
up €2,089 (+20.8%), from €10,024 to €12,113
- Financial charges -€1,905
down €1,905 (-66.0%), from €2,886 to €981
- Financial income -€894
down €894 (-42.4%), from €2,109 to €1,214
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 | €117,142 | €156,267 | +€39,125 | +33.4% |
| Fixed assets | 21/28 | €5,426 | €2,977 | -€2,449 | -45.1% |
| Tangible fixed assets | 22/27 | €5,426 | €2,977 | -€2,449 | -45.1% |
| Furniture and vehicles | 24 | €5,426 | €2,977 | -€2,449 | -45.1% |
| Current assets | 29/58 | €111,716 | €153,290 | +€41,574 | +37.2% |
| Stocks and contracts in progress | 3 | €2,451 | €1,290 | -€1,161 | -47.4% |
| Stocks | 30/36 | €2,451 | €1,290 | -€1,161 | -47.4% |
| Amounts receivable within one year | 40/41 | €1,365 | €2,963 | +€1,598 | +117.1% |
| Trade receivables | 40 | €1,365 | €2,354 | +€989 | +72.5% |
| Other amounts receivable | 41 | - | €609 | +€609 | |
| Cash at bank and in hand | 54/58 | €107,899 | €149,037 | +€41,137 | +38.1% |
| Total equity and liabilities | 10/49 | €117,142 | €156,267 | +€39,125 | +33.4% |
| Equity | 10/15 | €109,174 | €72,242 | -€36,932 | -33.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €104,174 | €67,242 | -€36,932 | -35.5% |
| Distributable reserves | 133 | €104,174 | €67,242 | -€36,932 | -35.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €7,968 | €84,025 | +€76,057 | +954.6% |
| Amounts payable within one year | 42/48 | €6,385 | €83,595 | +€77,210 | +1209.2% |
| Trade debts | 44 | €183 | €1,956 | +€1,773 | +968.9% |
| Suppliers | 440/4 | €183 | €1,956 | +€1,773 | +968.9% |
| Taxes, remuneration and social security | 45 | €1,502 | €1,113 | -€388 | -25.9% |
| Taxes | 450/3 | €1,502 | €1,113 | -€388 | -25.9% |
| Other amounts payable | 47/48 | €4,700 | €80,525 | +€75,825 | +1613.1% |
| Accrued charges and deferred income | 492/3 | €1,583 | €430 | -€1,153 | -72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,036 | €2,449 | +€413 | +20.3% |
| Other operating charges | 640/8 | €178 | €581 | +€403 | +227.0% |
| Gross operating margin | 9900 | €50,805 | €58,692 | +€7,887 | +15.5% |
| Operating profit (loss) | 9901 | €48,592 | €55,662 | +€7,070 | +14.6% |
| Financial income | 75/76B | €2,109 | €1,214 | -€894 | -42.4% |
| Recurring financial income | 75 | €2,109 | €1,214 | -€894 | -42.4% |
| Financial charges | 65/66B | €2,886 | €981 | -€1,905 | -66.0% |
| Recurring financial charges | 65 | €2,886 | €981 | -€1,905 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | €47,814 | €55,895 | +€8,081 | +16.9% |
| Income taxes | 67/77 | €10,024 | €12,113 | +€2,089 | +20.8% |
| Profit (loss) for the period | 9904 | €37,791 | €43,782 | +€5,992 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,791 | €43,782 | +€5,992 | +15.9% |
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 6 October 2026 via checked.be.