JOLERIEV: 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.
JOLERIEV
Largest movements
- Current investments -€525,939
down €525,939 (-48.0%), from €1.1m to €570,418
- Tangible fixed assets +€307,756
up €307,756 (+11.6%), from €2.7m to €3.0m
of which Land and buildings: +€349,562
- Receivables within one year -€128,578
down €128,578 (-32.4%), from €396,990 to €268,412
of which Trade receivables: -€137,256
- Short-term financial debts +€400,000
up €400,000 (+131.1%), from €305,000 to €705,000
- Other debts -€386,710
down €386,710 (-44.7%), from €864,546 to €477,837
- Profit (loss) carried forward -€165,640
down €165,640 (-5.2%), from -€3.2m to -€3.4m
- Trade debts -€151,616
down €151,616 (-73.2%), from €207,059 to €55,443
- Debts after one year -€43,826
down €43,826 (-17.1%), from €256,157 to €212,331
- Financial income +€55,031
up €55,031 (+195.0%), from €28,227 to €83,258
- Depreciation +€41,479
up €41,479 (+41.7%), from €99,563 to €141,043
- Staff costs -€28,056
no longer reported in 2025 (was €28,056)
- Gross operating margin +€17,398
up €17,398 (+22.3%), from -€77,878 to -€60,480
- Other operating charges +€6,438
up €6,438 (+78.0%), from €8,258 to €14,696
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 | €4,169,238 | €3,853,759 | -€315,479 | -7.6% |
| Fixed assets | 21/28 | €2,653,098 | €2,960,855 | +€307,756 | +11.6% |
| Tangible fixed assets | 22/27 | €2,653,098 | €2,960,855 | +€307,756 | +11.6% |
| Land and buildings | 22 | - | €349,562 | +€349,562 | |
| Plant, machinery and equipment | 23 | €617 | €483 | -€134 | -21.7% |
| Furniture and vehicles | 24 | €95,718 | €70,975 | -€24,743 | -25.8% |
| Other tangible fixed assets | 26 | €2,556,763 | €2,539,835 | -€16,929 | -0.7% |
| Current assets | 29/58 | €1,516,140 | €892,904 | -€623,235 | -41.1% |
| Amounts receivable within one year | 40/41 | €396,990 | €268,412 | -€128,578 | -32.4% |
| Trade receivables | 40 | €175,704 | €38,448 | -€137,256 | -78.1% |
| Other amounts receivable | 41 | €221,286 | €229,964 | +€8,678 | +3.9% |
| Current investments | 50/53 | €1,096,357 | €570,418 | -€525,939 | -48.0% |
| Cash at bank and in hand | 54/58 | €21,666 | €49,556 | +€27,890 | +128.7% |
| Deferred charges and accrued income | 490/1 | €1,127 | €4,518 | +€3,391 | +301.0% |
| Total equity and liabilities | 10/49 | €4,169,238 | €3,853,759 | -€315,479 | -7.6% |
| Equity | 10/15 | €1,931,249 | €1,765,609 | -€165,640 | -8.6% |
| Contributions | 10/11 | €4,004,000 | €4,004,000 | = | 0.0% |
| Reserves | 13 | €1,119,297 | €1,119,297 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400,400 | €400,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400,400 | €400,400 | = | 0.0% |
| Distributable reserves | 133 | €718,897 | €718,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,192,048 | -€3,357,688 | -€165,640 | -5.2% |
| Amounts payable | 17/49 | €2,237,989 | €2,088,150 | -€149,839 | -6.7% |
| Amounts payable after more than one year | 17 | €256,157 | €212,331 | -€43,826 | -17.1% |
| Financial debts | 170/4 | €256,157 | €212,331 | -€43,826 | -17.1% |
| Amounts payable within one year | 42/48 | €1,906,430 | €1,797,422 | -€109,008 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €517,771 | €551,776 | +€34,005 | +6.6% |
| Financial debts | 43 | €305,000 | €705,000 | +€400,000 | +131.1% |
| Credit institutions | 430/8 | €305,000 | €705,000 | +€400,000 | +131.1% |
| Trade debts | 44 | €207,059 | €55,443 | -€151,616 | -73.2% |
| Suppliers | 440/4 | €207,059 | €55,443 | -€151,616 | -73.2% |
| Advances received on contracts in progress | 46 | €5,482 | - | -€5,482 | |
| Taxes, remuneration and social security | 45 | €6,572 | €7,365 | +€794 | +12.1% |
| Taxes | 450/3 | €4,095 | €7,365 | +€3,270 | +79.9% |
| Remuneration and social security | 454/9 | €2,477 | - | -€2,477 | |
| Other amounts payable | 47/48 | €864,546 | €477,837 | -€386,710 | -44.7% |
| Accrued charges and deferred income | 492/3 | €75,402 | €78,397 | +€2,996 | +4.0% |
| Non-recurring operating income | 76A | €5,374 | €26,741 | +€21,367 | +397.6% |
| Remuneration, social security and pensions | 62 | €28,056 | - | -€28,056 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,563 | €141,043 | +€41,479 | +41.7% |
| Other operating charges | 640/8 | €8,258 | €14,696 | +€6,438 | +78.0% |
| Gross operating margin | 9900 | -€77,878 | -€60,480 | +€17,398 | +22.3% |
| Operating profit (loss) | 9901 | -€213,755 | -€216,219 | -€2,463 | -1.2% |
| Financial income | 75/76B | €28,227 | €83,258 | +€55,031 | +195.0% |
| Recurring financial income | 75 | €28,227 | €83,258 | +€55,031 | +195.0% |
| Financial charges | 65/66B | €27,310 | €31,160 | +€3,851 | +14.1% |
| Recurring financial charges | 65 | €27,310 | €31,160 | +€3,851 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | -€212,838 | -€164,121 | +€48,717 | +22.9% |
| Income taxes | 67/77 | €2,859 | €1,519 | -€1,341 | -46.9% |
| Profit (loss) for the period | 9904 | -€215,698 | -€165,640 | +€50,057 | +23.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€215,698 | -€165,640 | +€50,057 | +23.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.