JOLAR CONSULT: 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.
JOLAR CONSULT
Largest movements
- Receivables after one year +€335,964
up €335,964 (+141%), from €237,500 to €573,464
- Cash -€222,539
down €222,539 (-39.6%), from €562,112 to €339,572
mainly Receivables after one year (-€335,964) and Contributions, distributions and other (-€105,000)
- Tangible fixed assets -€57,865
down €57,865 (-15.1%), from €383,173 to €325,307
- Receivables within one year +€15,009
up €15,009 (+16.5%), from €91,121 to €106,130
of which Trade receivables: +€55,214
- Reserves +€64,338
up €64,338 (+6.1%), from €1.1m to €1.1m
of which Distributable reserves: +€88,091
- Trade debts +€19,840
up €19,840 (+109%), from €18,141 to €37,981
- Debts after one year -€18,828
down €18,828 (-40.2%), from €46,811 to €27,983
- Tax, wage and social debts +€18,676
up €18,676 (+24.0%), from €77,694 to €96,370
of which Taxes: +€16,405
- Gross operating margin +€112,645
up €112,645 (+61.3%), from €183,794 to €296,439
- Taxes +€46,185
up €46,185 (+107%), from €43,135 to €89,320
- Financial income -€35,455
down €35,455 (-78.1%), from €45,369 to €9,914
of which Non-recurring financial income: -€45,150
- Other operating charges -€12,616
down €12,616 (-76.1%), from €16,582 to €3,966
- Depreciation +€9,306
up €9,306 (+32.6%), from €28,560 to €37,865
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 | €1,288,310 | €1,366,768 | +€78,457 | +6.1% |
| Fixed assets | 21/28 | €387,152 | €329,603 | -€57,548 | -14.9% |
| Tangible fixed assets | 22/27 | €383,173 | €325,307 | -€57,865 | -15.1% |
| Land and buildings | 22 | €267,269 | €251,340 | -€15,929 | -6.0% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Leasing and similar rights | 25 | €94,756 | €73,393 | -€21,363 | -22.5% |
| Other tangible fixed assets | 26 | €1,148 | €574 | -€574 | -50.0% |
| Assets under construction and advance payments | 27 | €20,000 | - | -€20,000 | |
| Financial fixed assets | 28 | €3,979 | €4,296 | +€317 | +8.0% |
| Current assets | 29/58 | €901,159 | €1,037,164 | +€136,006 | +15.1% |
| Amounts receivable after more than one year | 29 | €237,500 | €573,464 | +€335,964 | +141% |
| Other amounts receivable | 291 | €237,500 | €573,464 | +€335,964 | +141% |
| Amounts receivable within one year | 40/41 | €91,121 | €106,130 | +€15,009 | +16.5% |
| Trade receivables | 40 | €39,705 | €94,918 | +€55,214 | +139% |
| Other amounts receivable | 41 | €51,417 | €11,212 | -€40,205 | -78.2% |
| Cash at bank and in hand | 54/58 | €562,112 | €339,572 | -€222,539 | -39.6% |
| Deferred charges and accrued income | 490/1 | €10,426 | €17,998 | +€7,572 | +72.6% |
| Total equity and liabilities | 10/49 | €1,288,310 | €1,366,768 | +€78,457 | +6.1% |
| Equity | 10/15 | €1,077,509 | €1,141,847 | +€64,338 | +6.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,057,509 | €1,121,847 | +€64,338 | +6.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €129,132 | €105,379 | -€23,753 | -18.4% |
| Distributable reserves | 133 | €926,377 | €1,014,468 | +€88,091 | +9.5% |
| Provisions and deferred taxes | 16 | €31,008 | €25,070 | -€5,938 | -19.2% |
| Deferred taxes | 168 | €31,008 | €25,070 | -€5,938 | -19.2% |
| Amounts payable | 17/49 | €179,794 | €199,852 | +€20,058 | +11.2% |
| Amounts payable after more than one year | 17 | €46,811 | €27,983 | -€18,828 | -40.2% |
| Financial debts | 170/4 | €46,811 | €27,983 | -€18,828 | -40.2% |
| Amounts payable within one year | 42/48 | €132,983 | €171,869 | +€38,886 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €18,097 | €18,828 | +€731 | +4.0% |
| Financial debts | 43 | €17,026 | €17,047 | +€20 | +0.1% |
| Credit institutions | 430/8 | €17,026 | - | -€17,026 | |
| Other loans | 439 | - | €17,047 | +€17,047 | |
| Trade debts | 44 | €18,141 | €37,981 | +€19,840 | +109% |
| Suppliers | 440/4 | €18,141 | €37,981 | +€19,840 | +109% |
| Taxes, remuneration and social security | 45 | €77,694 | €96,370 | +€18,676 | +24.0% |
| Taxes | 450/3 | €77,694 | €94,100 | +€16,405 | +21.1% |
| Remuneration and social security | 454/9 | - | €2,271 | +€2,271 | |
| Other amounts payable | 47/48 | €2,024 | €1,642 | -€382 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,560 | €37,865 | +€9,306 | +32.6% |
| Other operating charges | 640/8 | €16,582 | €3,966 | -€12,616 | -76.1% |
| Non-recurring operating charges | 66A | €1,868 | €7,500 | +€5,632 | +302% |
| Gross operating margin | 9900 | €183,794 | €296,439 | +€112,645 | +61.3% |
| Operating profit (loss) | 9901 | €136,785 | €247,108 | +€110,323 | +80.7% |
| Financial income | 75/76B | €45,369 | €9,914 | -€35,455 | -78.1% |
| Recurring financial income | 75 | €219 | €9,914 | +€9,695 | +4,437% |
| Non-recurring financial income | 76B | €45,150 | - | -€45,150 | |
| Financial charges | 65/66B | €3,549 | €4,302 | +€753 | +21.2% |
| Recurring financial charges | 65 | €3,549 | €4,302 | +€753 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €178,605 | €252,719 | +€74,115 | +41.5% |
| Transfer from deferred taxes | 780 | €2,321 | €5,938 | +€3,618 | +156% |
| Transfer to deferred taxes | 680 | €8,400 | - | -€8,400 | |
| Income taxes | 67/77 | €43,135 | €89,320 | +€46,185 | +107% |
| Profit (loss) for the period | 9904 | €129,391 | €169,338 | +€39,947 | +30.9% |
| Transfer from tax-exempt reserves | 789 | €9,282 | €23,753 | +€14,471 | +156% |
| Transfer to tax-exempt reserves | 689 | €33,600 | - | -€33,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €105,073 | €193,091 | +€88,018 | +83.8% |
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 19 October 2026 via checked.be.