JOLAVRA: 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.
JOLAVRA
Largest movements
- Cash -€97,071
down €97,071 (-82.0%), from €118,424 to €21,352
mainly Other debts (-€106,618) and Receivables within one year (-€9,323)
- Tangible fixed assets -€12,325
down €12,325 (-5.4%), from €230,088 to €217,764
- Receivables within one year +€9,323
up €9,323 (+267%), from €3,491 to €12,814
- Other debts -€106,618
down €106,618 (-98.8%), from €107,860 to €1,242
- Reserves +€6,559
up €6,559 (+3.6%), from €183,098 to €189,657
of which Distributable reserves: +€6,559
- Gross operating margin -€16,964
down €16,964 (-36.5%), from €46,513 to €29,549
- Taxes -€4,323
down €4,323 (-66.4%), from €6,509 to €2,186
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 | €352,931 | €252,872 | -€100,059 | -28.4% |
| Fixed assets | 21/28 | €230,088 | €217,764 | -€12,325 | -5.4% |
| Tangible fixed assets | 22/27 | €230,088 | €217,764 | -€12,325 | -5.4% |
| Land and buildings | 22 | €230,088 | €217,764 | -€12,325 | -5.4% |
| Current assets | 29/58 | €122,843 | €35,108 | -€87,734 | -71.4% |
| Amounts receivable within one year | 40/41 | €3,491 | €12,814 | +€9,323 | +267% |
| Other amounts receivable | 41 | €3,491 | €12,814 | +€9,323 | +267% |
| Cash at bank and in hand | 54/58 | €118,424 | €21,352 | -€97,071 | -82.0% |
| Deferred charges and accrued income | 490/1 | €928 | €942 | +€14 | +1.5% |
| Total equity and liabilities | 10/49 | €352,931 | €252,872 | -€100,059 | -28.4% |
| Equity | 10/15 | €245,071 | €251,630 | +€6,559 | +2.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €183,098 | €189,657 | +€6,559 | +3.6% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €176,901 | €183,460 | +€6,559 | +3.7% |
| Amounts payable | 17/49 | €107,860 | €1,242 | -€106,618 | -98.8% |
| Amounts payable within one year | 42/48 | €107,860 | €1,242 | -€106,618 | -98.8% |
| Other amounts payable | 47/48 | €107,860 | €1,242 | -€106,618 | -98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,325 | €12,325 | = | 0.0% |
| Other operating charges | 640/8 | €8,128 | €8,451 | +€322 | +4.0% |
| Gross operating margin | 9900 | €46,513 | €29,549 | -€16,964 | -36.5% |
| Operating profit (loss) | 9901 | €26,060 | €8,774 | -€17,286 | -66.3% |
| Financial charges | 65/66B | €24 | €29 | +€5 | +18.8% |
| Recurring financial charges | 65 | €24 | €29 | +€5 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €26,036 | €8,745 | -€17,291 | -66.4% |
| Income taxes | 67/77 | €6,509 | €2,186 | -€4,323 | -66.4% |
| Profit (loss) for the period | 9904 | €19,527 | €6,559 | -€12,968 | -66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,527 | €6,559 | -€12,968 | -66.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.