Jolectrix: 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.
Jolectrix
Largest movements
- Tangible fixed assets +€278,565
up €278,565 (+112%), from €249,753 to €528,318
of which Furniture and vehicles: +€170,615
- Cash +€148,549
new in 2025: €148,549
mainly Debts after one year (+€216,241) and Depreciation (+€120,795)
- Receivables within one year -€76,240
down €76,240 (-14.4%), from €529,246 to €453,006
of which Trade receivables: -€88,674
- Deferred charges and accrued income -€50,358
down €50,358 (-88.0%), from €57,246 to €6,889
- Stocks and contracts -€37,891
down €37,891 (-33.3%), from €113,672 to €75,781
- Debts after one year +€216,241
up €216,241 (+269%), from €80,427 to €296,668
- Short-term financial debts -€103,181
down €103,181 (-100%), from €103,181 to €0
- Reserves +€84,298
up €84,298 (+16.9%), from €499,655 to €583,954
- Current portion of long-term debt +€34,260
up €34,260 (+54.2%), from €63,213 to €97,472
- Trade debts +€20,021
up €20,021 (+26.4%), from €75,853 to €95,874
- Gross operating margin +€97,936
up €97,936 (+41.6%), from €235,535 to €333,471
- Provisions +€43,822
up €43,822, from -€43,822 to €0
- Staff costs +€10,867
new in 2025: €10,867
- Taxes +€10,021
up €10,021 (+42.2%), from €23,769 to €33,791
- Depreciation +€7,847
up €7,847 (+6.9%), from €112,948 to €120,795
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 | €949,917 | €1,212,542 | +€262,625 | +27.6% |
| Fixed assets | 21/28 | €249,753 | €528,318 | +€278,565 | +112% |
| Tangible fixed assets | 22/27 | €249,753 | €528,318 | +€278,565 | +112% |
| Plant, machinery and equipment | 23 | €249,753 | €295,428 | +€45,674 | +18.3% |
| Furniture and vehicles | 24 | - | €170,615 | +€170,615 | |
| Leasing and similar rights | 25 | - | €62,276 | +€62,276 | |
| Current assets | 29/58 | €700,163 | €684,224 | -€15,939 | -2.3% |
| Stocks and contracts in progress | 3 | €113,672 | €75,781 | -€37,891 | -33.3% |
| Stocks | 30/36 | €113,672 | €75,781 | -€37,891 | -33.3% |
| Amounts receivable within one year | 40/41 | €529,246 | €453,006 | -€76,240 | -14.4% |
| Trade receivables | 40 | €516,936 | €428,261 | -€88,674 | -17.2% |
| Other amounts receivable | 41 | €12,310 | €24,744 | +€12,434 | +101% |
| Cash at bank and in hand | 54/58 | - | €148,549 | +€148,549 | |
| Deferred charges and accrued income | 490/1 | €57,246 | €6,889 | -€50,358 | -88.0% |
| Total equity and liabilities | 10/49 | €949,917 | €1,212,542 | +€262,625 | +27.6% |
| Equity | 10/15 | €505,855 | €590,154 | +€84,298 | +16.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €499,655 | €583,954 | +€84,298 | +16.9% |
| Distributable reserves | 133 | €499,655 | €583,954 | +€84,298 | +16.9% |
| Amounts payable | 17/49 | €444,061 | €622,388 | +€178,327 | +40.2% |
| Amounts payable after more than one year | 17 | €80,427 | €296,668 | +€216,241 | +269% |
| Financial debts | 170/4 | €80,427 | €296,668 | +€216,241 | +269% |
| Amounts payable within one year | 42/48 | €357,818 | €325,720 | -€32,098 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €63,213 | €97,472 | +€34,260 | +54.2% |
| Financial debts | 43 | €103,181 | €0 | -€103,181 | -100% |
| Credit institutions | 430/8 | €103,181 | €0 | -€103,181 | -100% |
| Trade debts | 44 | €75,853 | €95,874 | +€20,021 | +26.4% |
| Suppliers | 440/4 | €75,853 | €95,874 | +€20,021 | +26.4% |
| Taxes, remuneration and social security | 45 | €9,843 | €14,937 | +€5,094 | +51.8% |
| Taxes | 450/3 | - | €7,464 | +€7,464 | |
| Remuneration and social security | 454/9 | €9,843 | €7,473 | -€2,369 | -24.1% |
| Other amounts payable | 47/48 | €105,729 | €117,436 | +€11,707 | +11.1% |
| Accrued charges and deferred income | 492/3 | €5,816 | €0 | -€5,816 | -100% |
| Non-recurring operating income | 76A | - | €5,785 | +€5,785 | |
| Remuneration, social security and pensions | 62 | - | €10,867 | +€10,867 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,948 | €120,795 | +€7,847 | +6.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €53,924 | €60,049 | +€6,124 | +11.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€43,822 | €0 | +€43,822 | |
| Other operating charges | 640/8 | €3,018 | €3,066 | +€49 | +1.6% |
| Gross operating margin | 9900 | €235,535 | €333,471 | +€97,936 | +41.6% |
| Operating profit (loss) | 9901 | €109,467 | €138,694 | +€29,228 | +26.7% |
| Financial income | 75/76B | €76 | €452 | +€376 | +498% |
| Recurring financial income | 75 | €76 | €452 | +€376 | +498% |
| Financial charges | 65/66B | €25,051 | €21,057 | -€3,994 | -15.9% |
| Recurring financial charges | 65 | €25,051 | €21,057 | -€3,994 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €84,491 | €118,089 | +€33,598 | +39.8% |
| Income taxes | 67/77 | €23,769 | €33,791 | +€10,021 | +42.2% |
| Profit (loss) for the period | 9904 | €60,722 | €84,298 | +€23,577 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,722 | €84,298 | +€23,577 | +38.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.