Joelle 2015: 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.
Joelle 2015
Largest movements
- Receivables within one year -€15,355
down €15,355 (-26.8%), from €57,262 to €41,907
of which Trade receivables: -€15,650
- Stocks and contracts +€15,288
up €15,288 (+95.6%), from €15,986 to €31,274
- Deferred charges and accrued income -€12,820
no longer reported in 2024 (was €12,820)
- Cash +€6,124
up €6,124 (+402%), from €1,523 to €7,648
mainly Receivables within one year (+€15,355) and Tax, wage and social debts (+€14,155)
- Tangible fixed assets -€1,457
down €1,457 (-9.0%), from €16,272 to €14,815
of which Plant, machinery and equipment: -€2,000
- Tax, wage and social debts +€14,155
up €14,155 (+22.9%), from €61,792 to €75,947
of which Remuneration and social security: +€9,072
- Other debts -€13,511
down €13,511 (-53.0%), from €25,516 to €12,005
- Trade debts -€4,448
down €4,448 (-86.0%), from €5,173 to €725
- Profit (loss) carried forward -€4,415
down €4,415 (-54.6%), from €8,082 to €3,667
- Gross operating margin +€64,162
up €64,162 (+107%), from €59,962 to €124,124
- Staff costs +€16,217
up €16,217 (+17.5%), from €92,497 to €108,714
- Other operating charges +€9,489
up €9,489 (+146%), from €6,508 to €15,997
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,464 | €105,244 | -€8,220 | -7.2% |
| Fixed assets | 21/28 | €25,872 | €24,415 | -€1,457 | -5.6% |
| Tangible fixed assets | 22/27 | €16,272 | €14,815 | -€1,457 | -9.0% |
| Plant, machinery and equipment | 23 | €5,523 | €3,523 | -€2,000 | -36.2% |
| Furniture and vehicles | 24 | €9,084 | €7,995 | -€1,090 | -12.0% |
| Other tangible fixed assets | 26 | €1,665 | €3,298 | +€1,633 | +98.1% |
| Financial fixed assets | 28 | €9,600 | €9,600 | = | 0.0% |
| Current assets | 29/58 | €87,591 | €80,828 | -€6,763 | -7.7% |
| Stocks and contracts in progress | 3 | €15,986 | €31,274 | +€15,288 | +95.6% |
| Stocks | 30/36 | €15,986 | €31,274 | +€15,288 | +95.6% |
| Amounts receivable within one year | 40/41 | €57,262 | €41,907 | -€15,355 | -26.8% |
| Trade receivables | 40 | €16,177 | €527 | -€15,650 | -96.7% |
| Other amounts receivable | 41 | €41,085 | €41,380 | +€295 | +0.7% |
| Cash at bank and in hand | 54/58 | €1,523 | €7,648 | +€6,124 | +402% |
| Deferred charges and accrued income | 490/1 | €12,820 | - | -€12,820 | |
| Total equity and liabilities | 10/49 | €113,464 | €105,244 | -€8,220 | -7.2% |
| Equity | 10/15 | €20,982 | €16,567 | -€4,415 | -21.0% |
| Contributions | 10/11 | €12,900 | €12,900 | = | 0.0% |
| Capital | 10 | €12,900 | - | -€12,900 | |
| Issued capital | 100 | €12,900 | - | -€12,900 | |
| Profit (loss) carried forward | 14 | €8,082 | €3,667 | -€4,415 | -54.6% |
| Amounts payable | 17/49 | €92,481 | €88,677 | -€3,805 | -4.1% |
| Amounts payable within one year | 42/48 | €92,481 | €88,677 | -€3,805 | -4.1% |
| Trade debts | 44 | €5,173 | €725 | -€4,448 | -86.0% |
| Suppliers | 440/4 | €5,173 | €725 | -€4,448 | -86.0% |
| Taxes, remuneration and social security | 45 | €61,792 | €75,947 | +€14,155 | +22.9% |
| Taxes | 450/3 | €16,040 | €21,122 | +€5,083 | +31.7% |
| Remuneration and social security | 454/9 | €45,752 | €54,825 | +€9,072 | +19.8% |
| Other amounts payable | 47/48 | €25,516 | €12,005 | -€13,511 | -53.0% |
| Remuneration, social security and pensions | 62 | €92,497 | €108,714 | +€16,217 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,612 | €3,457 | +€845 | +32.4% |
| Other operating charges | 640/8 | €6,508 | €15,997 | +€9,489 | +146% |
| Gross operating margin | 9900 | €59,962 | €124,124 | +€64,162 | +107% |
| Operating profit (loss) | 9901 | -€41,655 | -€4,044 | +€37,611 | +90.3% |
| Financial income | 75/76B | €1,369 | €182 | -€1,187 | -86.7% |
| Recurring financial income | 75 | €1,369 | €182 | -€1,187 | -86.7% |
| Financial charges | 65/66B | €444 | €553 | +€110 | +24.7% |
| Recurring financial charges | 65 | €444 | €553 | +€110 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | -€40,730 | -€4,415 | +€36,315 | +89.2% |
| Income taxes | 67/77 | €648 | - | -€648 | |
| Profit (loss) for the period | 9904 | -€41,378 | -€4,415 | +€36,962 | +89.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,378 | -€4,415 | +€36,962 | +89.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.