JOALY CONSTRUCT: 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.
JOALY CONSTRUCT
Largest movements
- Receivables within one year -€26,575
down €26,575 (-88.8%), from €29,935 to €3,359
of which Other amounts receivable: -€20,781
- Cash -€1,154
down €1,154 (-84.9%), from €1,360 to €206
mainly Net result for the year (-€23,142) and Trade debts (-€4,625)
- Tangible fixed assets -€335
down €335 (-79.8%), from €420 to €85
- Profit (loss) carried forward -€23,142
down €23,142, from €16,225 to -€6,917
- Trade debts -€4,625
down €4,625 (-76.0%), from €6,087 to €1,462
- Gross operating margin -€31,768
down €31,768, from €8,610 to -€23,158
- Other operating charges -€1,533
down €1,533 (-95.9%), from €1,598 to €65
- Taxes -€1,437
no longer reported in 2022 (was €1,437)
- Financial charges -€573
down €573 (-63.8%), from €899 to €325
- Financial income -€299
down €299 (-28.7%), from €1,041 to €742
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,809 | €4,043 | -€27,766 | -87.3% |
| Fixed assets | 21/28 | €470 | €135 | -€335 | -71.3% |
| Tangible fixed assets | 22/27 | €420 | €85 | -€335 | -79.8% |
| Furniture and vehicles | 24 | €420 | €85 | -€335 | -79.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €31,339 | €3,908 | -€27,431 | -87.5% |
| Amounts receivable within one year | 40/41 | €29,935 | €3,359 | -€26,575 | -88.8% |
| Trade receivables | 40 | €7,907 | €2,113 | -€5,794 | -73.3% |
| Other amounts receivable | 41 | €22,028 | €1,246 | -€20,781 | -94.3% |
| Cash at bank and in hand | 54/58 | €1,360 | €206 | -€1,154 | -84.9% |
| Deferred charges and accrued income | 490/1 | €45 | €343 | +€298 | +669% |
| Total equity and liabilities | 10/49 | €31,809 | €4,043 | -€27,766 | -87.3% |
| Equity | 10/15 | €24,285 | €1,143 | -€23,142 | -95.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,225 | -€6,917 | -€23,142 | |
| Amounts payable | 17/49 | €7,524 | €2,900 | -€4,625 | -61.5% |
| Amounts payable within one year | 42/48 | €7,524 | €2,900 | -€4,625 | -61.5% |
| Trade debts | 44 | €6,087 | €1,462 | -€4,625 | -76.0% |
| Suppliers | 440/4 | €6,087 | €1,462 | -€4,625 | -76.0% |
| Taxes, remuneration and social security | 45 | €1,437 | €1,437 | = | 0.0% |
| Taxes | 450/3 | €1,437 | €1,437 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €439 | €335 | -€104 | -23.7% |
| Other operating charges | 640/8 | €1,598 | €65 | -€1,533 | -95.9% |
| Gross operating margin | 9900 | €8,610 | -€23,158 | -€31,768 | |
| Operating profit (loss) | 9901 | €6,573 | -€23,558 | -€30,131 | |
| Financial income | 75/76B | €1,041 | €742 | -€299 | -28.7% |
| Recurring financial income | 75 | €1,041 | €742 | -€299 | -28.7% |
| Financial charges | 65/66B | €899 | €325 | -€573 | -63.8% |
| Recurring financial charges | 65 | €899 | €325 | -€573 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | €6,715 | -€23,142 | -€29,857 | |
| Income taxes | 67/77 | €1,437 | - | -€1,437 | |
| Profit (loss) for the period | 9904 | €5,278 | -€23,142 | -€28,420 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,278 | -€23,142 | -€28,420 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.