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JSLA: 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.

What changed

JSLA

BE 0793.300.840
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€48,810
2024 · €59,861-€11,052
Equity
€12,657
2024 · €33,848-€21,190
Cash
€30,046
2024 · €32,957-€2,911
Balance sheet total
€58,362
2024 · €51,503+€6,860

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€12,475

    up €12,475 (+88.5%), from €14,093 to €26,568

    of which Other amounts receivable: +€10,000

  • Cash -€2,911

    down €2,911 (-8.8%), from €32,957 to €30,046

    mainly Contributions, distributions and other (-€70,000) and Receivables within one year (-€12,475)

  • Deferred charges and accrued income -€2,178

    no longer reported in 2025 (was €2,178)

Equity and liabilities
  • Other debts +€25,500

    up €25,500 (+177083.3%), from €14 to €25,514

  • Profit (loss) carried forward -€21,190

    down €21,190 (-92.7%), from €22,861 to €1,671

  • Tax, wage and social debts +€2,981

    up €2,981 (+17.5%), from €17,039 to €20,020

Income statement
  • Gross operating margin -€12,224

    down €12,224 (-15.5%), from €78,784 to €66,561

  • Taxes -€1,519

    down €1,519 (-8.9%), from €17,039 to €15,520

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €59,861
Gross operating margin -€12,224
Staff costs -€40
Depreciation -€473
Other operating charges +€182
Financial income +€42
Financial charges -€58
Taxes +€1,519
Result 2025 €48,810

Cash bridge derived

cash 2024 to 2025

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.

From operations +€67,089
Investment €0
Financing -€70,000
Cash 2024 €32,957
Net result for the year +€48,810
Depreciation +€526
Receivables within one year -€12,475
Deferred charges and accrued income +€2,178
Trade debts -€431
Tax, wage and social debts +€2,981
Other debts +€25,500
Contributions, distributions and other -€70,000
Cash 2025 €30,046
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €51,503 €58,362 +€6,860 +13.3%
Fixed assets 21/28 €2,275 €1,749 -€526 -23.1%
Tangible fixed assets 22/27 €1,525 €999 -€526 -34.5%
Furniture and vehicles 24 €1,525 €999 -€526 -34.5%
Financial fixed assets 28 €750 €750 = 0.0%
Current assets 29/58 €49,228 €56,614 +€7,385 +15.0%
Amounts receivable within one year 40/41 €14,093 €26,568 +€12,475 +88.5%
Trade receivables 40 €14,093 €16,568 +€2,475 +17.6%
Other amounts receivable 41 - €10,000 +€10,000
Cash at bank and in hand 54/58 €32,957 €30,046 -€2,911 -8.8%
Deferred charges and accrued income 490/1 €2,178 - -€2,178
Total equity and liabilities 10/49 €51,503 €58,362 +€6,860 +13.3%
Equity 10/15 €33,848 €12,657 -€21,190 -62.6%
Contributions 10/11 €3,000 €3,000 = 0.0%
Reserves 13 €7,986 €7,986 = 0.0%
Distributable reserves 133 €7,986 €7,986 = 0.0%
Profit (loss) carried forward 14 €22,861 €1,671 -€21,190 -92.7%
Amounts payable 17/49 €17,655 €45,705 +€28,050 +158.9%
Amounts payable within one year 42/48 €17,655 €45,705 +€28,050 +158.9%
Trade debts 44 €601 €170 -€431 -71.7%
Suppliers 440/4 €601 €170 -€431 -71.7%
Taxes, remuneration and social security 45 €17,039 €20,020 +€2,981 +17.5%
Taxes 450/3 €17,039 €20,020 +€2,981 +17.5%
Other amounts payable 47/48 €14 €25,514 +€25,500 +177083.3%
Remuneration, social security and pensions 62 €1,520 €1,560 +€40 +2.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €53 €526 +€473 +889.2%
Other operating charges 640/8 €511 €329 -€182 -35.6%
Gross operating margin 9900 €78,784 €66,561 -€12,224 -15.5%
Operating profit (loss) 9901 €76,700 €64,146 -€12,555 -16.4%
Financial income 75/76B €239 €282 +€42 +17.7%
Recurring financial income 75 €239 €282 +€42 +17.7%
Financial charges 65/66B €39 €98 +€58 +149.7%
Recurring financial charges 65 €39 €98 +€58 +149.7%
Profit (loss) for the period before taxes 9903 €76,901 €64,330 -€12,571 -16.3%
Income taxes 67/77 €17,039 €15,520 -€1,519 -8.9%
Profit (loss) for the period 9904 €59,861 €48,810 -€11,052 -18.5%
Profit (loss) for the period to be appropriated 9905 €59,861 €48,810 -€11,052 -18.5%

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 29 September 2026 via checked.be.