JOLECON: 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.
JOLECON
Largest movements
- Cash +€77,860
up €77,860 (+762.9%), from €10,206 to €88,066
mainly Net result for the year (+€67,853) and Tax, wage and social debts (+€38,435)
- Tangible fixed assets +€33,057
new in 2025: €33,057
- Receivables within one year +€24,116
up €24,116 (+266.4%), from €9,052 to €33,168
of which Trade receivables: +€25,102
- Reserves +€67,020
up €67,020 (+900.7%), from €7,441 to €74,461
- Tax, wage and social debts +€38,435
up €38,435 (+1004.5%), from €3,826 to €42,262
of which Taxes: +€37,435
- Debts after one year +€17,000
new in 2025: €17,000
- Other debts +€13,292
up €13,292 (+483.9%), from €2,747 to €16,039
- Gross operating margin +€91,740
up €91,740 (+843.7%), from €10,874 to €102,614
- Turnover -€23,566
no longer reported in 2025 (was €23,566)
- Taxes +€22,464
up €22,464 (+980.6%), from €2,291 to €24,755
- Purchases and services -€12,858
no longer reported in 2025 (was €12,858)
- Depreciation +€7,005
new in 2025: €7,005
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 | €19,752 | €155,192 | +€135,439 | +685.7% |
| Fixed assets | 21/28 | - | €33,057 | +€33,057 | |
| Tangible fixed assets | 22/27 | - | €33,057 | +€33,057 | |
| Furniture and vehicles | 24 | - | €33,057 | +€33,057 | |
| Current assets | 29/58 | €19,752 | €122,135 | +€102,382 | +518.3% |
| Amounts receivable within one year | 40/41 | €9,052 | €33,168 | +€24,116 | +266.4% |
| Trade receivables | 40 | €3,715 | €28,817 | +€25,102 | +675.8% |
| Other amounts receivable | 41 | €5,337 | €4,351 | -€986 | -18.5% |
| Cash at bank and in hand | 54/58 | €10,206 | €88,066 | +€77,860 | +762.9% |
| Deferred charges and accrued income | 490/1 | €495 | €900 | +€405 | +81.8% |
| Total equity and liabilities | 10/49 | €19,752 | €155,192 | +€135,439 | +685.7% |
| Equity | 10/15 | €12,441 | €79,461 | +€67,020 | +538.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,441 | €74,461 | +€67,020 | +900.7% |
| Distributable reserves | 133 | €7,441 | €74,461 | +€67,020 | +900.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,312 | €75,731 | +€68,420 | +935.8% |
| Amounts payable after more than one year | 17 | - | €17,000 | +€17,000 | |
| Financial debts | 170/4 | - | €17,000 | +€17,000 | |
| Amounts payable within one year | 42/48 | €7,312 | €58,731 | +€51,420 | +703.2% |
| Trade debts | 44 | €739 | €431 | -€308 | -41.6% |
| Suppliers | 440/4 | €739 | €431 | -€308 | -41.6% |
| Taxes, remuneration and social security | 45 | €3,826 | €42,262 | +€38,435 | +1004.5% |
| Taxes | 450/3 | €3,826 | €41,262 | +€37,435 | +978.4% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €2,747 | €16,039 | +€13,292 | +483.9% |
| Turnover | 70 | €23,566 | - | -€23,566 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €12,858 | - | -€12,858 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,005 | +€7,005 | |
| Other operating charges | 640/8 | €398 | €1,098 | +€700 | +176.1% |
| Gross operating margin | 9900 | €10,874 | €102,614 | +€91,740 | +843.7% |
| Operating profit (loss) | 9901 | €10,477 | €94,511 | +€84,035 | +802.1% |
| Financial income | 75/76B | €114 | €0 | -€114 | -100.0% |
| Recurring financial income | 75 | €114 | €0 | -€114 | -100.0% |
| Financial charges | 65/66B | €25 | €1,904 | +€1,879 | +7392.9% |
| Recurring financial charges | 65 | €25 | €1,904 | +€1,879 | +7392.9% |
| Profit (loss) for the period before taxes | 9903 | €10,565 | €92,608 | +€82,043 | +776.6% |
| Income taxes | 67/77 | €2,291 | €24,755 | +€22,464 | +980.6% |
| Profit (loss) for the period | 9904 | €8,274 | €67,853 | +€59,579 | +720.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,274 | €67,853 | +€59,579 | +720.1% |
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 10 October 2026 via checked.be.