JOLA+: 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.
JOLA+
Largest movements
- Cash +€31,046
up €31,046 (+28.3%), from €109,525 to €140,570
mainly Net result for the year (+€29,445) and Receivables within one year (+€7,965)
- Receivables within one year -€7,965
down €7,965 (-66.6%), from €11,966 to €4,000
- Reserves +€29,445
up €29,445 (+6.5%), from €452,066 to €481,511
- Tax, wage and social debts -€5,622
down €5,622 (-13.0%), from €43,370 to €37,747
of which Remuneration and social security: -€5,000
- Gross operating margin -€1,462
down €1,462 (-3.3%), from €44,655 to €43,193
- Taxes -€1,225
down €1,225 (-8.9%), from €13,802 to €12,577
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 | €523,705 | €547,530 | +€23,825 | +4.5% |
| Fixed assets | 21/28 | €402,008 | €401,785 | -€223 | -0.1% |
| Tangible fixed assets | 22/27 | €2,008 | €1,785 | -€223 | -11.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €2,008 | €1,785 | -€223 | -11.1% |
| Financial fixed assets | 28 | €400,000 | €400,000 | = | 0.0% |
| Current assets | 29/58 | €121,697 | €145,745 | +€24,049 | +19.8% |
| Amounts receivable within one year | 40/41 | €11,966 | €4,000 | -€7,965 | -66.6% |
| Trade receivables | 40 | €11,966 | €4,000 | -€7,965 | -66.6% |
| Cash at bank and in hand | 54/58 | €109,525 | €140,570 | +€31,046 | +28.3% |
| Deferred charges and accrued income | 490/1 | €207 | €1,175 | +€968 | +468% |
| Total equity and liabilities | 10/49 | €523,705 | €547,530 | +€23,825 | +4.5% |
| Equity | 10/15 | €470,666 | €500,111 | +€29,445 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €452,066 | €481,511 | +€29,445 | +6.5% |
| Distributable reserves | 133 | €452,066 | €481,511 | +€29,445 | +6.5% |
| Amounts payable | 17/49 | €53,039 | €47,419 | -€5,620 | -10.6% |
| Amounts payable within one year | 42/48 | €53,039 | €47,419 | -€5,620 | -10.6% |
| Trade debts | 44 | €3,154 | €1,957 | -€1,196 | -37.9% |
| Suppliers | 440/4 | €3,154 | €1,957 | -€1,196 | -37.9% |
| Taxes, remuneration and social security | 45 | €43,370 | €37,747 | -€5,622 | -13.0% |
| Taxes | 450/3 | €33,370 | €32,747 | -€622 | -1.9% |
| Remuneration and social security | 454/9 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Other amounts payable | 47/48 | €6,516 | €7,714 | +€1,198 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223 | €223 | = | 0.0% |
| Other operating charges | 640/8 | €768 | €787 | +€20 | +2.6% |
| Gross operating margin | 9900 | €44,655 | €43,193 | -€1,462 | -3.3% |
| Operating profit (loss) | 9901 | €43,664 | €42,182 | -€1,482 | -3.4% |
| Financial charges | 65/66B | €145 | €160 | +€15 | +10.3% |
| Recurring financial charges | 65 | €145 | €160 | +€15 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €43,519 | €42,022 | -€1,497 | -3.4% |
| Income taxes | 67/77 | €13,802 | €12,577 | -€1,225 | -8.9% |
| Profit (loss) for the period | 9904 | €29,717 | €29,445 | -€271 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,717 | €29,445 | -€271 | -0.9% |
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 27 October 2026 via checked.be.