JOLENE TRANS: 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.
JOLENE TRANS
Largest movements
- Cash -€269,993
down €269,993 (-35.0%), from €771,894 to €501,901
mainly Other debts (-€310,453) and Net result for the year (-€101,398)
- Receivables within one year -€145,289
down €145,289 (-20.4%), from €711,749 to €566,460
of which Trade receivables: -€277,427
- Tangible fixed assets -€21,790
down €21,790 (-28.0%), from €77,793 to €56,002
- Other debts -€310,453
no longer reported in 2025 (was €310,453)
- Reserves -€101,398
down €101,398 (-10.3%), from €984,290 to €882,892
- Tax, wage and social debts -€27,415
down €27,415 (-23.0%), from €119,414 to €92,000
of which Taxes: -€41,315
- Staff costs +€273,196
up €273,196 (+53.2%), from €513,150 to €786,346
- Gross operating margin +€270,616
up €270,616 (+35.5%), from €761,309 to €1.0m
- Other operating charges +€30,391
up €30,391 (+12.2%), from €248,807 to €279,198
- Depreciation -€28,948
down €28,948 (-39.8%), from €72,745 to €43,797
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 | €1,606,179 | €1,163,202 | -€442,977 | -27.6% |
| Fixed assets | 21/28 | €81,298 | €59,372 | -€21,925 | -27.0% |
| Tangible fixed assets | 22/27 | €77,793 | €56,002 | -€21,790 | -28.0% |
| Furniture and vehicles | 24 | €77,793 | €56,002 | -€21,790 | -28.0% |
| Financial fixed assets | 28 | €3,505 | €3,370 | -€135 | -3.9% |
| Current assets | 29/58 | €1,524,882 | €1,103,829 | -€421,052 | -27.6% |
| Amounts receivable within one year | 40/41 | €711,749 | €566,460 | -€145,289 | -20.4% |
| Trade receivables | 40 | €711,361 | €433,934 | -€277,427 | -39.0% |
| Other amounts receivable | 41 | €388 | €132,526 | +€132,138 | +34,056% |
| Cash at bank and in hand | 54/58 | €771,894 | €501,901 | -€269,993 | -35.0% |
| Deferred charges and accrued income | 490/1 | €41,239 | €35,468 | -€5,770 | -14.0% |
| Total equity and liabilities | 10/49 | €1,606,179 | €1,163,202 | -€442,977 | -27.6% |
| Equity | 10/15 | €1,002,882 | €901,484 | -€101,398 | -10.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €984,290 | €882,892 | -€101,398 | -10.3% |
| Distributable reserves | 133 | €984,290 | €882,892 | -€101,398 | -10.3% |
| Amounts payable | 17/49 | €603,297 | €261,718 | -€341,579 | -56.6% |
| Amounts payable within one year | 42/48 | €603,297 | €261,685 | -€341,611 | -56.6% |
| Trade debts | 44 | €173,430 | €169,686 | -€3,744 | -2.2% |
| Suppliers | 440/4 | €173,430 | €169,686 | -€3,744 | -2.2% |
| Taxes, remuneration and social security | 45 | €119,414 | €92,000 | -€27,415 | -23.0% |
| Taxes | 450/3 | €43,416 | €2,102 | -€41,315 | -95.2% |
| Remuneration and social security | 454/9 | €75,998 | €89,898 | +€13,900 | +18.3% |
| Other amounts payable | 47/48 | €310,453 | - | -€310,453 | |
| Accrued charges and deferred income | 492/3 | - | €32 | +€32 | |
| Non-recurring operating income | 76A | €37,826 | €22,359 | -€15,468 | -40.9% |
| Remuneration, social security and pensions | 62 | €513,150 | €786,346 | +€273,196 | +53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,745 | €43,797 | -€28,948 | -39.8% |
| Other operating charges | 640/8 | €248,807 | €279,198 | +€30,391 | +12.2% |
| Gross operating margin | 9900 | €761,309 | €1,031,925 | +€270,616 | +35.5% |
| Operating profit (loss) | 9901 | -€73,393 | -€77,417 | -€4,023 | -5.5% |
| Financial income | 75/76B | €260 | €0 | -€260 | -100.0% |
| Recurring financial income | 75 | €260 | €0 | -€260 | -100.0% |
| Financial charges | 65/66B | €24,660 | €23,981 | -€679 | -2.8% |
| Recurring financial charges | 65 | €24,660 | €23,981 | -€679 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | -€97,794 | -€101,398 | -€3,605 | -3.7% |
| Income taxes | 67/77 | €2,238 | - | -€2,238 | |
| Profit (loss) for the period | 9904 | -€100,032 | -€101,398 | -€1,366 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€100,032 | -€101,398 | -€1,366 | -1.4% |
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 14 October 2026 via checked.be.