JOLASCO: what changed
Two fiscal 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.
JOLASCO
Largest movements
- Tangible fixed assets -€14,984
down €14,984 (-28.0%), from €53,576 to €38,592
of which Leasing and similar rights: -€8,064
- Receivables within one year +€14,260
up €14,260 (+503.1%), from €2,834 to €17,094
of which Trade receivables: +€12,490
- Cash -€8,486
down €8,486 (-98.9%), from €8,580 to €95
mainly Net result for the year (-€16,819) and Receivables within one year (-€14,260)
- Stocks and contracts -€2,050
down €2,050 (-4.6%), from €45,045 to €42,995
of which Stocks: -€2,050
- Reserves -€13,791
down €13,791 (-100.0%), from €13,791 to €0
- Short-term financial debts +€8,537
up €8,537 (+28.5%), from €30,000 to €38,537
- Debts after one year -€6,755
down €6,755 (-19.4%), from €34,839 to €28,084
of which Financial debts: -€6,755
- Trade debts +€6,337
up €6,337 (+6079.6%), from €104 to €6,441
- Tax, wage and social debts -€4,467
down €4,467 (-66.4%), from €6,724 to €2,257
- Gross operating margin -€16,335
down €16,335 (-73.0%), from €22,369 to €6,034
- Other operating charges +€1,492
up €1,492 (+100.5%), from €1,485 to €2,977
- Taxes -€1,207
down €1,207 (-100.0%), from €1,207 to €0
- Depreciation +€947
up €947 (+6.7%), from €14,191 to €15,138
- Financial charges -€244
down €244 (-5.0%), from €4,905 to €4,661
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.
Cash bridge derived
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 | €110,500 | €99,405 | -€11,095 | -10.0% |
| Fixed assets | 21/28 | €53,576 | €38,592 | -€14,984 | -28.0% |
| Tangible fixed assets | 22/27 | €53,576 | €38,592 | -€14,984 | -28.0% |
| Plant, machinery and equipment | 23 | €2,263 | €2,144 | -€119 | -5.3% |
| Furniture and vehicles | 24 | €12,066 | €7,280 | -€4,786 | -39.7% |
| Leasing and similar rights | 25 | €25,518 | €17,454 | -€8,064 | -31.6% |
| Other tangible fixed assets | 26 | €13,729 | €11,715 | -€2,014 | -14.7% |
| Current assets | 29/58 | €56,924 | €60,813 | +€3,889 | +6.8% |
| Stocks and contracts in progress | 3 | €45,045 | €42,995 | -€2,050 | -4.6% |
| Stocks | 30/36 | €45,045 | €42,995 | -€2,050 | -4.6% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,834 | €17,094 | +€14,260 | +503.1% |
| Trade receivables | 40 | €1,805 | €14,294 | +€12,490 | +692.1% |
| Other amounts receivable | 41 | €1,030 | €2,800 | +€1,770 | +171.9% |
| Cash at bank and in hand | 54/58 | €8,580 | €95 | -€8,486 | -98.9% |
| Deferred charges and accrued income | 490/1 | €464 | €629 | +€165 | +35.6% |
| Total equity and liabilities | 10/49 | €110,500 | €99,405 | -€11,095 | -10.0% |
| Equity | 10/15 | €32,391 | €15,572 | -€16,819 | -51.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,791 | €0 | -€13,791 | -100.0% |
| Distributable reserves | 133 | €13,791 | €0 | -€13,791 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€3,028 | -€3,028 | |
| Amounts payable | 17/49 | €78,108 | €83,833 | +€5,724 | +7.3% |
| Amounts payable after more than one year | 17 | €34,839 | €28,084 | -€6,755 | -19.4% |
| Financial debts | 170/4 | €15,054 | €8,299 | -€6,755 | -44.9% |
| Other amounts payable | 178/9 | €19,785 | €19,785 | = | 0.0% |
| Amounts payable within one year | 42/48 | €43,269 | €55,749 | +€12,480 | +28.8% |
| Current portion of amounts payable after more than one year | 42 | €6,441 | €6,755 | +€314 | +4.9% |
| Financial debts | 43 | €30,000 | €38,537 | +€8,537 | +28.5% |
| Credit institutions | 430/8 | €30,000 | €38,537 | +€8,537 | +28.5% |
| Trade debts | 44 | €104 | €6,441 | +€6,337 | +6079.6% |
| Suppliers | 440/4 | €104 | €6,441 | +€6,337 | +6079.6% |
| Taxes, remuneration and social security | 45 | €6,724 | €2,257 | -€4,467 | -66.4% |
| Taxes | 450/3 | €6,724 | €2,257 | -€4,467 | -66.4% |
| Other amounts payable | 47/48 | - | €1,758 | +€1,758 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,191 | €15,138 | +€947 | +6.7% |
| Other operating charges | 640/8 | €1,485 | €2,977 | +€1,492 | +100.5% |
| Non-recurring operating charges | 66A | €27 | €277 | +€250 | +928.5% |
| Gross operating margin | 9900 | €22,369 | €6,034 | -€16,335 | -73.0% |
| Operating profit (loss) | 9901 | €6,666 | -€12,357 | -€19,024 | |
| Financial income | 75/76B | €97 | €200 | +€103 | +106.5% |
| Recurring financial income | 75 | €97 | €200 | +€103 | +106.5% |
| Financial charges | 65/66B | €4,905 | €4,661 | -€244 | -5.0% |
| Recurring financial charges | 65 | €4,905 | €4,661 | -€244 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €1,858 | -€16,819 | -€18,677 | |
| Income taxes | 67/77 | €1,207 | €0 | -€1,207 | -100.0% |
| Profit (loss) for the period | 9904 | €651 | -€16,819 | -€17,470 | |
| Profit (loss) for the period to be appropriated | 9905 | €651 | -€16,819 | -€17,470 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.