JOL: 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.
JOL
Largest movements
- Receivables within one year -€13,512
down €13,512 (-47.4%), from €28,533 to €15,021
of which Trade receivables: -€14,975
- Reserves -€7,183
down €7,183 (-14.2%), from €50,626 to €43,443
- Tax, wage and social debts -€5,520
down €5,520 (-68.4%), from €8,070 to €2,550
of which Taxes: -€3,220
- Other debts -€2,945
down €2,945 (-3.3%), from €87,985 to €85,040
- Gross operating margin -€5,821
down €5,821, from €783 to -€5,038
- Financial charges -€1,035
down €1,035 (-64.6%), from €1,602 to €567
- Taxes -€561
down €561 (-3,221%), from -€17 to -€578
- Financial income -€171
no longer reported in 2025 (was €171)
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 | €155,806 | €141,296 | -€14,510 | -9.3% |
| Fixed assets | 21/28 | €125,000 | €125,000 | = | 0.0% |
| Financial fixed assets | 28 | €125,000 | €125,000 | = | 0.0% |
| Current assets | 29/58 | €30,806 | €16,296 | -€14,510 | -47.1% |
| Amounts receivable within one year | 40/41 | €28,533 | €15,021 | -€13,512 | -47.4% |
| Trade receivables | 40 | €17,500 | €2,525 | -€14,975 | -85.6% |
| Other amounts receivable | 41 | €11,033 | €12,496 | +€1,463 | +13.3% |
| Cash at bank and in hand | 54/58 | €2,273 | €1,275 | -€998 | -43.9% |
| Total equity and liabilities | 10/49 | €155,806 | €141,296 | -€14,510 | -9.3% |
| Equity | 10/15 | €55,439 | €49,643 | -€5,796 | -10.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,626 | €43,443 | -€7,183 | -14.2% |
| Distributable reserves | 133 | €50,626 | €43,443 | -€7,183 | -14.2% |
| Profit (loss) carried forward | 14 | -€1,387 | - | +€1,387 | |
| Amounts payable | 17/49 | €100,367 | €91,653 | -€8,714 | -8.7% |
| Amounts payable within one year | 42/48 | €100,367 | €91,254 | -€9,113 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €2,435 | €1,369 | -€1,066 | -43.8% |
| Trade debts | 44 | €1,877 | €2,295 | +€418 | +22.3% |
| Suppliers | 440/4 | €1,877 | €2,295 | +€418 | +22.3% |
| Taxes, remuneration and social security | 45 | €8,070 | €2,550 | -€5,520 | -68.4% |
| Taxes | 450/3 | €5,770 | €2,550 | -€3,220 | -55.8% |
| Remuneration and social security | 454/9 | €2,300 | - | -€2,300 | |
| Other amounts payable | 47/48 | €87,985 | €85,040 | -€2,945 | -3.3% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Other operating charges | 640/8 | €755 | €770 | +€14 | +1.9% |
| Gross operating margin | 9900 | €783 | -€5,038 | -€5,821 | |
| Operating profit (loss) | 9901 | €27 | -€5,808 | -€5,835 | |
| Financial income | 75/76B | €171 | - | -€171 | |
| Recurring financial income | 75 | €171 | - | -€171 | |
| Financial charges | 65/66B | €1,602 | €567 | -€1,035 | -64.6% |
| Recurring financial charges | 65 | €1,602 | €567 | -€1,035 | -64.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,404 | -€6,375 | -€4,971 | -354% |
| Income taxes | 67/77 | -€17 | -€578 | -€561 | -3,221% |
| Profit (loss) for the period | 9904 | -€1,387 | -€5,796 | -€4,410 | -318% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,387 | -€5,796 | -€4,410 | -318% |
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 16 October 2026 via checked.be.