TX JL AL: 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.
TX JL AL
Largest movements
- Receivables within one year +€91,337
up €91,337 (+801%), from €11,406 to €102,743
of which Trade receivables: +€72,235
- Tangible fixed assets -€16,262
down €16,262 (-55.1%), from €29,488 to €13,227
- Cash -€4,505
no longer reported in 2025 (was €4,505)
mainly Receivables within one year (-€91,337) and Net result for the year (-€1,906)
- Trade debts +€39,234
up €39,234 (+135%), from €29,001 to €68,235
- Tax, wage and social debts +€22,823
up €22,823 (+1,575%), from €1,449 to €24,272
of which Taxes: +€18,053
- Short-term financial debts +€10,419
new in 2025: €10,419
- Profit (loss) carried forward -€1,906
down €1,906 (-38.5%), from €4,949 to €3,044
- Financial charges +€5,586
up €5,586 (+1,436%), from €389 to €5,975
- Depreciation +€2,815
up €2,815 (+53.6%), from €5,256 to €8,071
- Gross operating margin +€2,221
up €2,221 (+19.8%), from €11,225 to €13,447
- Other operating charges +€675
up €675 (+107%), from €631 to €1,306
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 | €45,400 | €115,970 | +€70,571 | +155% |
| Fixed assets | 21/28 | €29,488 | €13,227 | -€16,262 | -55.1% |
| Tangible fixed assets | 22/27 | €29,488 | €13,227 | -€16,262 | -55.1% |
| Furniture and vehicles | 24 | €29,488 | €13,227 | -€16,262 | -55.1% |
| Current assets | 29/58 | €15,911 | €102,743 | +€86,832 | +546% |
| Amounts receivable within one year | 40/41 | €11,406 | €102,743 | +€91,337 | +801% |
| Trade receivables | 40 | - | €72,235 | +€72,235 | |
| Other amounts receivable | 41 | €11,406 | €30,509 | +€19,103 | +167% |
| Cash at bank and in hand | 54/58 | €4,505 | - | -€4,505 | |
| Total equity and liabilities | 10/49 | €45,400 | €115,970 | +€70,571 | +155% |
| Equity | 10/15 | €14,949 | €13,044 | -€1,906 | -12.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,949 | €3,044 | -€1,906 | -38.5% |
| Amounts payable | 17/49 | €30,450 | €102,926 | +€72,476 | +238% |
| Amounts payable within one year | 42/48 | €30,450 | €102,926 | +€72,476 | +238% |
| Financial debts | 43 | - | €10,419 | +€10,419 | |
| Credit institutions | 430/8 | - | €10,419 | +€10,419 | |
| Trade debts | 44 | €29,001 | €68,235 | +€39,234 | +135% |
| Suppliers | 440/4 | €29,001 | €68,235 | +€39,234 | +135% |
| Taxes, remuneration and social security | 45 | €1,449 | €24,272 | +€22,823 | +1,575% |
| Taxes | 450/3 | - | €18,053 | +€18,053 | |
| Remuneration and social security | 454/9 | €1,449 | €6,219 | +€4,770 | +329% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,256 | €8,071 | +€2,815 | +53.6% |
| Other operating charges | 640/8 | €631 | €1,306 | +€675 | +107% |
| Gross operating margin | 9900 | €11,225 | €13,447 | +€2,221 | +19.8% |
| Operating profit (loss) | 9901 | €5,339 | €4,069 | -€1,269 | -23.8% |
| Financial charges | 65/66B | €389 | €5,975 | +€5,586 | +1,436% |
| Recurring financial charges | 65 | €389 | €5,975 | +€5,586 | +1,436% |
| Profit (loss) for the period before taxes | 9903 | €4,949 | -€1,906 | -€6,855 | |
| Profit (loss) for the period | 9904 | €4,949 | -€1,906 | -€6,855 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,949 | -€1,906 | -€6,855 |
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 24 October 2026 via checked.be.