JYL: 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.
JYL
Largest movements
- Tangible fixed assets -€35,409
down €35,409 (-2.4%), from €1.5m to €1.5m
of which Land and buildings: -€20,566
- Cash -€19,443
down €19,443 (-15.0%), from €129,892 to €110,449
mainly Other debts (-€72,010) and Investment in fixed assets (net) (-€22,710)
- Other debts -€72,010
down €72,010 (-44.7%), from €161,078 to €89,068
- Reserves +€44,119
up €44,119 (+4.1%), from €1.1m to €1.1m
of which Distributable reserves: +€63,243
- Gross operating margin +€18,286
up €18,286 (+14.5%), from €126,253 to €144,539
- Financial charges -€4,818
down €4,818 (-33.2%), from €14,504 to €9,686
- Taxes +€4,458
up €4,458 (+26.7%), from €16,716 to €21,174
- Depreciation +€3,609
up €3,609 (+6.6%), from €54,511 to €58,119
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 | €1,831,974 | €1,774,613 | -€57,361 | -3.1% |
| Fixed assets | 21/28 | €1,488,540 | €1,453,131 | -€35,409 | -2.4% |
| Tangible fixed assets | 22/27 | €1,488,540 | €1,453,131 | -€35,409 | -2.4% |
| Land and buildings | 22 | €1,367,095 | €1,346,529 | -€20,566 | -1.5% |
| Plant, machinery and equipment | 23 | €76,369 | €76,248 | -€121 | -0.2% |
| Furniture and vehicles | 24 | €45,076 | €30,354 | -€14,722 | -32.7% |
| Current assets | 29/58 | €343,434 | €321,482 | -€21,953 | -6.4% |
| Amounts receivable within one year | 40/41 | €10,855 | €3,695 | -€7,160 | -66.0% |
| Trade receivables | 40 | €10,855 | €2,716 | -€8,138 | -75.0% |
| Other amounts receivable | 41 | €0 | €978 | +€978 | |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €129,892 | €110,449 | -€19,443 | -15.0% |
| Deferred charges and accrued income | 490/1 | €2,688 | €7,338 | +€4,651 | +173.0% |
| Total equity and liabilities | 10/49 | €1,831,974 | €1,774,613 | -€57,361 | -3.1% |
| Equity | 10/15 | €1,460,561 | €1,504,680 | +€44,119 | +3.0% |
| Contributions | 10/11 | €376,013 | €376,013 | = | 0.0% |
| Capital | 10 | €376,013 | €376,013 | = | 0.0% |
| Issued capital | 100 | €376,013 | €376,013 | = | 0.0% |
| Reserves | 13 | €1,084,548 | €1,128,667 | +€44,119 | +4.1% |
| Non-distributable reserves | 130/1 | €37,601 | €37,601 | = | 0.0% |
| Legal reserve | 130 | €37,601 | €37,601 | = | 0.0% |
| Tax-exempt reserves | 132 | €521,011 | €501,887 | -€19,124 | -3.7% |
| Distributable reserves | 133 | €525,936 | €589,179 | +€63,243 | +12.0% |
| Provisions and deferred taxes | 16 | €173,670 | €167,296 | -€6,375 | -3.7% |
| Deferred taxes | 168 | €173,670 | €167,296 | -€6,375 | -3.7% |
| Amounts payable | 17/49 | €197,743 | €102,637 | -€95,106 | -48.1% |
| Amounts payable within one year | 42/48 | €182,162 | €91,985 | -€90,177 | -49.5% |
| Trade debts | 44 | €15,727 | €2,916 | -€12,810 | -81.5% |
| Suppliers | 440/4 | €15,727 | €2,916 | -€12,810 | -81.5% |
| Taxes, remuneration and social security | 45 | €5,357 | €0 | -€5,357 | -100.0% |
| Taxes | 450/3 | €5,357 | €0 | -€5,357 | -100.0% |
| Other amounts payable | 47/48 | €161,078 | €89,068 | -€72,010 | -44.7% |
| Accrued charges and deferred income | 492/3 | €15,581 | €10,652 | -€4,929 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,511 | €58,119 | +€3,609 | +6.6% |
| Other operating charges | 640/8 | €24,295 | €24,991 | +€696 | +2.9% |
| Gross operating margin | 9900 | €126,253 | €144,539 | +€18,286 | +14.5% |
| Operating profit (loss) | 9901 | €47,448 | €61,429 | +€13,982 | +29.5% |
| Financial income | 75/76B | €7,864 | €7,176 | -€688 | -8.7% |
| Recurring financial income | 75 | €7,864 | €7,176 | -€688 | -8.7% |
| Financial charges | 65/66B | €14,504 | €9,686 | -€4,818 | -33.2% |
| Recurring financial charges | 65 | €14,504 | €9,686 | -€4,818 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €40,807 | €58,919 | +€18,112 | +44.4% |
| Transfer from deferred taxes | 780 | €6,375 | €6,375 | = | 0.0% |
| Income taxes | 67/77 | €16,716 | €21,174 | +€4,458 | +26.7% |
| Profit (loss) for the period | 9904 | €30,466 | €44,119 | +€13,654 | +44.8% |
| Transfer from tax-exempt reserves | 789 | €19,124 | €19,124 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €49,589 | €63,243 | +€13,654 | +27.5% |
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 3 October 2026 via checked.be.