JOLAN: 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.
JOLAN
Largest movements
- Stocks and contracts -€237,000
down €237,000 (-65.2%), from €363,500 to €126,500
of which Stocks: -€172,000
- Receivables within one year +€147,185
up €147,185 (+108%), from €136,100 to €283,284
of which Trade receivables: +€146,634
- Profit (loss) carried forward -€164,277
down €164,277, from €4,240 to -€160,037
- Debts after one year +€37,161
up €37,161 (+10.4%), from €357,000 to €394,161
- Short-term financial debts +€22,409
up €22,409 (+48.6%), from €46,110 to €68,520
- Trade debts +€21,368
up €21,368 (+61.9%), from €34,543 to €55,911
- Tax, wage and social debts -€13,735
down €13,735 (-95.4%), from €14,400 to €665
of which Taxes: -€11,535
- Gross operating margin -€132,257
down €132,257, from €37,270 to -€94,987
- Financial charges +€31,981
up €31,981 (+243%), from €13,141 to €45,122
- Other operating charges +€7,643
up €7,643 (+97.0%), from €7,880 to €15,522
- Taxes -€3,395
no longer reported in 2024 (was €3,395)
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 | €509,624 | €411,967 | -€97,657 | -19.2% |
| Fixed assets | 21/28 | €2,169 | €1,463 | -€706 | -32.5% |
| Tangible fixed assets | 22/27 | €1,069 | €363 | -€706 | -66.0% |
| Plant, machinery and equipment | 23 | €1,069 | €363 | -€706 | -66.0% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €507,455 | €410,504 | -€96,951 | -19.1% |
| Stocks and contracts in progress | 3 | €363,500 | €126,500 | -€237,000 | -65.2% |
| Stocks | 30/36 | €298,500 | €126,500 | -€172,000 | -57.6% |
| Contracts in progress | 37 | €65,000 | - | -€65,000 | |
| Amounts receivable within one year | 40/41 | €136,100 | €283,284 | +€147,185 | +108% |
| Trade receivables | 40 | €87,300 | €233,933 | +€146,634 | +168% |
| Other amounts receivable | 41 | €48,800 | €49,351 | +€551 | +1.1% |
| Cash at bank and in hand | 54/58 | €2,406 | €49 | -€2,357 | -98.0% |
| Deferred charges and accrued income | 490/1 | €5,449 | €670 | -€4,779 | -87.7% |
| Total equity and liabilities | 10/49 | €509,624 | €411,967 | -€97,657 | -19.2% |
| Equity | 10/15 | €19,288 | -€144,989 | -€164,277 | |
| Contributions | 10/11 | €12,403 | €12,403 | = | 0.0% |
| Reserves | 13 | €2,646 | €2,646 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €786 | €2,646 | +€1,860 | +237% |
| Profit (loss) carried forward | 14 | €4,240 | -€160,037 | -€164,277 | |
| Amounts payable | 17/49 | €490,337 | €556,956 | +€66,620 | +13.6% |
| Amounts payable after more than one year | 17 | €357,000 | €394,161 | +€37,161 | +10.4% |
| Financial debts | 170/4 | €357,000 | €394,161 | +€37,161 | +10.4% |
| Amounts payable within one year | 42/48 | €133,337 | €162,795 | +€29,459 | +22.1% |
| Financial debts | 43 | €46,110 | €68,520 | +€22,409 | +48.6% |
| Credit institutions | 430/8 | €46,110 | €68,520 | +€22,409 | +48.6% |
| Trade debts | 44 | €34,543 | €55,911 | +€21,368 | +61.9% |
| Suppliers | 440/4 | €34,543 | €55,911 | +€21,368 | +61.9% |
| Taxes, remuneration and social security | 45 | €14,400 | €665 | -€13,735 | -95.4% |
| Taxes | 450/3 | €12,200 | €665 | -€11,535 | -94.5% |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Other amounts payable | 47/48 | €38,283 | €37,699 | -€584 | -1.5% |
| Non-recurring operating income | 76A | €46,000 | - | -€46,000 | |
| Remuneration, social security and pensions | 62 | €525 | - | -€525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €476 | €706 | +€230 | +48.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,613 | €8,055 | +€441 | +5.8% |
| Other operating charges | 640/8 | €7,880 | €15,522 | +€7,643 | +97.0% |
| Gross operating margin | 9900 | €37,270 | -€94,987 | -€132,257 | |
| Operating profit (loss) | 9901 | €20,775 | -€119,270 | -€140,045 | |
| Financial income | 75/76B | - | €114 | +€114 | |
| Recurring financial income | 75 | - | €114 | +€114 | |
| Financial charges | 65/66B | €13,141 | €45,122 | +€31,981 | +243% |
| Recurring financial charges | 65 | €13,141 | €45,122 | +€31,981 | +243% |
| Profit (loss) for the period before taxes | 9903 | €7,635 | -€164,277 | -€171,912 | |
| Income taxes | 67/77 | €3,395 | - | -€3,395 | |
| Profit (loss) for the period | 9904 | €4,240 | -€164,277 | -€168,517 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,240 | -€164,277 | -€168,517 |
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 20 October 2026 via checked.be.