JLBased: 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.
JLBased
Largest movements
- Tangible fixed assets +€53,980
up €53,980 (+1,273%), from €4,240 to €58,220
of which Leasing and similar rights: +€53,399
- Receivables within one year +€8,079
up €8,079 (+75.9%), from €10,650 to €18,729
of which Trade receivables: +€4,150
- Cash -€1,880
down €1,880 (-7.8%), from €24,182 to €22,302
mainly Investment in fixed assets (net) (-€68,176) and Receivables within one year (-€8,079)
- Formation expenses -€1,794
no longer reported in 2025 (was €1,794)
- Debts after one year +€41,205
new in 2025: €41,205
- Current portion of long-term debt +€12,846
new in 2025: €12,846
- Reserves +€10,781
up €10,781 (+76.4%), from €14,117 to €24,898
- Trade debts -€7,785
down €7,785 (-98.1%), from €7,934 to €148
- Tax, wage and social debts +€1,367
up €1,367 (+9.9%), from €13,787 to €15,155
of which Taxes: +€3,367
- Gross operating margin +€16,248
up €16,248 (+83.1%), from €19,542 to €35,790
- Depreciation +€14,695
up €14,695 (+1,135%), from €1,294 to €15,990
- Financial charges +€2,231
up €2,231 (+951%), from €235 to €2,466
- Other operating charges +€1,963
new in 2025: €1,963
- Taxes +€729
up €729 (+18.7%), from €3,896 to €4,625
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 | €40,867 | €99,252 | +€58,385 | +143% |
| Formation expenses | 20 | €1,794 | - | -€1,794 | |
| Fixed assets | 21/28 | €4,240 | €58,220 | +€53,980 | +1,273% |
| Tangible fixed assets | 22/27 | €4,240 | €58,220 | +€53,980 | +1,273% |
| Plant, machinery and equipment | 23 | €4,240 | €4,821 | +€581 | +13.7% |
| Leasing and similar rights | 25 | - | €53,399 | +€53,399 | |
| Current assets | 29/58 | €34,833 | €41,031 | +€6,199 | +17.8% |
| Amounts receivable within one year | 40/41 | €10,650 | €18,729 | +€8,079 | +75.9% |
| Trade receivables | 40 | €10,648 | €14,798 | +€4,150 | +39.0% |
| Other amounts receivable | 41 | €2 | €3,931 | +€3,929 | +157,775% |
| Cash at bank and in hand | 54/58 | €24,182 | €22,302 | -€1,880 | -7.8% |
| Total equity and liabilities | 10/49 | €40,867 | €99,252 | +€58,385 | +143% |
| Equity | 10/15 | €19,117 | €29,898 | +€10,781 | +56.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,117 | €24,898 | +€10,781 | +76.4% |
| Distributable reserves | 133 | €14,117 | €24,898 | +€10,781 | +76.4% |
| Amounts payable | 17/49 | €21,750 | €69,353 | +€47,604 | +219% |
| Amounts payable after more than one year | 17 | - | €41,205 | +€41,205 | |
| Financial debts | 170/4 | - | €41,205 | +€41,205 | |
| Amounts payable within one year | 42/48 | €21,750 | €28,149 | +€6,399 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | - | €12,846 | +€12,846 | |
| Trade debts | 44 | €7,934 | €148 | -€7,785 | -98.1% |
| Suppliers | 440/4 | €7,934 | €148 | -€7,785 | -98.1% |
| Taxes, remuneration and social security | 45 | €13,787 | €15,155 | +€1,367 | +9.9% |
| Taxes | 450/3 | €11,787 | €15,155 | +€3,367 | +28.6% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €29 | - | -€29 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,294 | €15,990 | +€14,695 | +1,135% |
| Other operating charges | 640/8 | - | €1,963 | +€1,963 | |
| Gross operating margin | 9900 | €19,542 | €35,790 | +€16,248 | +83.1% |
| Operating profit (loss) | 9901 | €18,248 | €17,837 | -€411 | -2.3% |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €235 | €2,466 | +€2,231 | +951% |
| Recurring financial charges | 65 | €235 | €2,466 | +€2,231 | +951% |
| Profit (loss) for the period before taxes | 9903 | €18,013 | €15,406 | -€2,607 | -14.5% |
| Income taxes | 67/77 | €3,896 | €4,625 | +€729 | +18.7% |
| Profit (loss) for the period | 9904 | €14,117 | €10,781 | -€3,336 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,117 | €10,781 | -€3,336 | -23.6% |
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 26 October 2026 via checked.be.