JRL ALGAE: 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.
JRL ALGAE
Largest movements
- Cash +€50,387
up €50,387 (+289%), from €17,429 to €67,817
mainly Net result for the year (+€36,315) and Tax, wage and social debts (+€9,524)
- Intangible fixed assets -€2,154
down €2,154 (-22.5%), from €9,575 to €7,421
- Profit (loss) carried forward +€36,315
up €36,315, from -€35,490 to €825
- Tax, wage and social debts +€9,524
new in 2025: €9,524
- Other debts +€2,395
new in 2025: €2,395
- Gross operating margin +€40,064
up €40,064, from -€1,087 to €38,977
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 | €27,010 | €75,244 | +€48,234 | +179% |
| Fixed assets | 21/28 | €9,575 | €7,421 | -€2,154 | -22.5% |
| Intangible fixed assets | 21 | €9,575 | €7,421 | -€2,154 | -22.5% |
| Current assets | 29/58 | €17,435 | €67,823 | +€50,387 | +289% |
| Amounts receivable within one year | 40/41 | €6 | €6 | = | 0.0% |
| Other amounts receivable | 41 | €6 | €6 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,429 | €67,817 | +€50,387 | +289% |
| Total equity and liabilities | 10/49 | €27,010 | €75,244 | +€48,234 | +179% |
| Equity | 10/15 | €27,010 | €63,325 | +€36,315 | +134% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,490 | €825 | +€36,315 | |
| Amounts payable | 17/49 | - | €11,919 | +€11,919 | |
| Amounts payable within one year | 42/48 | - | €11,919 | +€11,919 | |
| Taxes, remuneration and social security | 45 | - | €9,524 | +€9,524 | |
| Taxes | 450/3 | - | €9,524 | +€9,524 | |
| Other amounts payable | 47/48 | - | €2,395 | +€2,395 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,154 | €2,154 | = | 0.0% |
| Other operating charges | 640/8 | - | €300 | +€300 | |
| Gross operating margin | 9900 | -€1,087 | €38,977 | +€40,064 | |
| Operating profit (loss) | 9901 | -€3,241 | €36,523 | +€39,764 | |
| Financial charges | 65/66B | €219 | €208 | -€10 | -4.7% |
| Recurring financial charges | 65 | €219 | €208 | -€10 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,459 | €36,315 | +€39,774 | |
| Profit (loss) for the period | 9904 | -€3,459 | €36,315 | +€39,774 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,459 | €36,315 | +€39,774 |
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 20 October 2026 via checked.be.