JOAL: 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.
JOAL
Largest movements
- Receivables within one year +€72,501
up €72,501 (+3983597.8%), from €2 to €72,503
of which Trade receivables: +€72,503
- Profit (loss) carried forward +€65,408
up €65,408 (+24.4%), from -€268,584 to -€203,176
- Tax, wage and social debts +€6,316
new in 2025: €6,316
- Turnover +€66,185
new in 2025: €66,185
- Gross operating margin +€66,185
new in 2025: €66,185
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 | €6,353 | €78,591 | +€72,238 | +1137.0% |
| Current assets | 29/58 | €6,353 | €78,591 | +€72,238 | +1137.0% |
| Amounts receivable within one year | 40/41 | €2 | €72,503 | +€72,501 | +3983597.8% |
| Trade receivables | 40 | - | €72,503 | +€72,503 | |
| Other amounts receivable | 41 | €2 | - | -€2 | |
| Cash at bank and in hand | 54/58 | €6,351 | €6,087 | -€264 | -4.2% |
| Total equity and liabilities | 10/49 | €6,353 | €78,591 | +€72,238 | +1137.0% |
| Equity | 10/15 | -€193,584 | -€128,176 | +€65,408 | +33.8% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€268,584 | -€203,176 | +€65,408 | +24.4% |
| Amounts payable | 17/49 | €199,937 | €206,766 | +€6,830 | +3.4% |
| Amounts payable within one year | 42/48 | €199,937 | €206,766 | +€6,830 | +3.4% |
| Financial debts | 43 | €195,000 | €195,000 | = | 0.0% |
| Other loans | 439 | €195,000 | €195,000 | = | 0.0% |
| Trade debts | 44 | €4,937 | €5,450 | +€513 | +10.4% |
| Suppliers | 440/4 | €4,937 | €5,450 | +€513 | +10.4% |
| Taxes, remuneration and social security | 45 | - | €6,316 | +€6,316 | |
| Taxes | 450/3 | - | €6,316 | +€6,316 | |
| Turnover | 70 | - | €66,185 | +€66,185 | |
| Other operating charges | 640/8 | €1,068 | €721 | -€348 | -32.5% |
| Gross operating margin | 9900 | - | €66,185 | +€66,185 | |
| Operating profit (loss) | 9901 | -€1,068 | €65,464 | +€66,533 | |
| Financial income | 75/76B | €351 | - | -€351 | |
| Recurring financial income | 75 | €351 | - | -€351 | |
| Financial charges | 65/66B | €34 | €56 | +€23 | +66.7% |
| Recurring financial charges | 65 | €34 | €56 | +€23 | +66.7% |
| Profit (loss) for the period before taxes | 9903 | -€751 | €65,408 | +€66,159 | |
| Profit (loss) for the period | 9904 | -€751 | €65,408 | +€66,159 | |
| Profit (loss) for the period to be appropriated | 9905 | -€751 | €65,408 | +€66,159 |
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 11 October 2026 via checked.be.