JUNGLE LAW: 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.
JUNGLE LAW
Largest movements
- Tangible fixed assets +€17,539
up €17,539 (+29.9%), from €58,681 to €76,220
of which Furniture and vehicles: +€24,267
- Receivables within one year -€15,939
down €15,939 (-35.3%), from €45,111 to €29,172
of which Trade receivables: -€14,633
- Deferred charges and accrued income +€6,677
up €6,677 (+788%), from €848 to €7,525
- Stocks and contracts +€3,037
up €3,037 (+56.2%), from €5,400 to €8,437
- Profit (loss) carried forward -€16,030
down €16,030 (-78.6%), from €20,381 to €4,352
- Trade debts +€11,931
up €11,931 (+568%), from €2,101 to €14,031
- Other debts +€9,449
up €9,449 (+508%), from €1,860 to €11,309
- Current portion of long-term debt +€7,454
up €7,454 (+48.0%), from €15,537 to €22,991
- Tax, wage and social debts -€6,508
down €6,508 (-69.8%), from €9,327 to €2,820
of which Taxes: -€6,548
- Staff costs +€27,073
up €27,073 (+512%), from €5,287 to €32,360
- Gross operating margin -€12,110
down €12,110 (-24.0%), from €50,450 to €38,340
- Taxes -€6,772
down €6,772 (-96.8%), from €6,998 to €227
- Depreciation +€2,668
up €2,668 (+19.3%), from €13,856 to €16,524
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 | €119,712 | €132,078 | +€12,366 | +10.3% |
| Fixed assets | 21/28 | €58,766 | €76,295 | +€17,529 | +29.8% |
| Intangible fixed assets | 21 | €85 | €75 | -€10 | -11.8% |
| Tangible fixed assets | 22/27 | €58,681 | €76,220 | +€17,539 | +29.9% |
| Plant, machinery and equipment | 23 | €36,528 | €29,800 | -€6,728 | -18.4% |
| Furniture and vehicles | 24 | €22,153 | €46,420 | +€24,267 | +110% |
| Current assets | 29/58 | €60,946 | €55,783 | -€5,163 | -8.5% |
| Stocks and contracts in progress | 3 | €5,400 | €8,437 | +€3,037 | +56.2% |
| Stocks | 30/36 | €5,400 | €8,437 | +€3,037 | +56.2% |
| Amounts receivable within one year | 40/41 | €45,111 | €29,172 | -€15,939 | -35.3% |
| Trade receivables | 40 | €42,780 | €28,147 | -€14,633 | -34.2% |
| Other amounts receivable | 41 | €2,331 | €1,025 | -€1,305 | -56.0% |
| Cash at bank and in hand | 54/58 | €9,587 | €10,650 | +€1,062 | +11.1% |
| Deferred charges and accrued income | 490/1 | €848 | €7,525 | +€6,677 | +788% |
| Total equity and liabilities | 10/49 | €119,712 | €132,078 | +€12,366 | +10.3% |
| Equity | 10/15 | €48,980 | €32,950 | -€16,030 | -32.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €22,598 | €22,598 | = | 0.0% |
| Distributable reserves | 133 | €22,598 | €22,598 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,381 | €4,352 | -€16,030 | -78.6% |
| Amounts payable | 17/49 | €70,732 | €99,129 | +€28,396 | +40.1% |
| Amounts payable after more than one year | 17 | €41,907 | €47,977 | +€6,070 | +14.5% |
| Financial debts | 170/4 | €41,907 | €47,977 | +€6,070 | +14.5% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €28,826 | €51,151 | +€22,326 | +77.5% |
| Current portion of amounts payable after more than one year | 42 | €15,537 | €22,991 | +€7,454 | +48.0% |
| Trade debts | 44 | €2,101 | €14,031 | +€11,931 | +568% |
| Suppliers | 440/4 | €2,101 | €14,031 | +€11,931 | +568% |
| Taxes, remuneration and social security | 45 | €9,327 | €2,820 | -€6,508 | -69.8% |
| Taxes | 450/3 | €9,327 | €2,779 | -€6,548 | -70.2% |
| Remuneration and social security | 454/9 | €0 | €41 | +€41 | |
| Other amounts payable | 47/48 | €1,860 | €11,309 | +€9,449 | +508% |
| Remuneration, social security and pensions | 62 | €5,287 | €32,360 | +€27,073 | +512% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,856 | €16,524 | +€2,668 | +19.3% |
| Other operating charges | 640/8 | €993 | €1,052 | +€59 | +5.9% |
| Non-recurring operating charges | 66A | - | €790 | +€790 | |
| Gross operating margin | 9900 | €50,450 | €38,340 | -€12,110 | -24.0% |
| Operating profit (loss) | 9901 | €30,314 | -€12,386 | -€42,700 | |
| Financial income | 75/76B | €117 | €0 | -€116 | -99.9% |
| Recurring financial income | 75 | €117 | €0 | -€116 | -99.9% |
| Financial charges | 65/66B | €3,051 | €3,417 | +€367 | +12.0% |
| Recurring financial charges | 65 | €3,051 | €3,417 | +€367 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €27,380 | -€15,803 | -€43,183 | |
| Income taxes | 67/77 | €6,998 | €227 | -€6,772 | -96.8% |
| Profit (loss) for the period | 9904 | €20,381 | -€16,030 | -€36,411 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,381 | -€16,030 | -€36,411 |
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 23 October 2026 via checked.be.