JOLI: 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.
JOLI
Largest movements
- Receivables within one year +€2,903
up €2,903 (+7.8%), from €37,008 to €39,910
of which Trade receivables: +€3,869
- Cash -€1,707
down €1,707 (-6.1%), from €28,105 to €26,399
mainly Net result for the year (-€3,612) and Receivables within one year (-€2,903)
- Profit (loss) carried forward -€3,612
down €3,612, from €1,612 to -€2,000
- Trade debts +€3,610
up €3,610 (+107.9%), from €3,347 to €6,957
- Gross operating margin -€11,734
down €11,734, from €10,827 to -€907
- Other operating charges +€306
up €306 (+20.2%), from €1,516 to €1,822
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 | €73,484 | €73,997 | +€513 | +0.7% |
| Fixed assets | 21/28 | €6,285 | €5,655 | -€630 | -10.0% |
| Tangible fixed assets | 22/27 | €2,541 | €1,911 | -€630 | -24.8% |
| Land and buildings | 22 | €1,250 | €918 | -€332 | -26.6% |
| Plant, machinery and equipment | 23 | €1,291 | €993 | -€298 | -23.1% |
| Financial fixed assets | 28 | €3,743 | €3,743 | = | 0.0% |
| Current assets | 29/58 | €67,200 | €68,343 | +€1,143 | +1.7% |
| Stocks and contracts in progress | 3 | €1,767 | €1,854 | +€87 | +4.9% |
| Stocks | 30/36 | €1,767 | €1,854 | +€87 | +4.9% |
| Amounts receivable within one year | 40/41 | €37,008 | €39,910 | +€2,903 | +7.8% |
| Trade receivables | 40 | €178 | €4,047 | +€3,869 | +2177.1% |
| Other amounts receivable | 41 | €36,830 | €35,863 | -€967 | -2.6% |
| Cash at bank and in hand | 54/58 | €28,105 | €26,399 | -€1,707 | -6.1% |
| Deferred charges and accrued income | 490/1 | €320 | €179 | -€140 | -43.9% |
| Total equity and liabilities | 10/49 | €73,484 | €73,997 | +€513 | +0.7% |
| Equity | 10/15 | €70,014 | €66,402 | -€3,612 | -5.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €49,810 | €49,810 | = | 0.0% |
| Distributable reserves | 133 | €49,810 | €49,810 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,612 | -€2,000 | -€3,612 | |
| Amounts payable | 17/49 | €3,470 | €7,596 | +€4,125 | +118.9% |
| Amounts payable within one year | 42/48 | €3,381 | €7,441 | +€4,060 | +120.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,347 | €6,957 | +€3,610 | +107.9% |
| Suppliers | 440/4 | €3,347 | €6,957 | +€3,610 | +107.9% |
| Taxes, remuneration and social security | 45 | €34 | €0 | -€34 | -100.0% |
| Taxes | 450/3 | €34 | €0 | -€34 | -100.0% |
| Other amounts payable | 47/48 | €0 | €484 | +€484 | |
| Accrued charges and deferred income | 492/3 | €89 | €155 | +€66 | +73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €738 | €630 | -€108 | -14.6% |
| Other operating charges | 640/8 | €1,516 | €1,822 | +€306 | +20.2% |
| Gross operating margin | 9900 | €10,827 | -€907 | -€11,734 | |
| Operating profit (loss) | 9901 | €8,573 | -€3,359 | -€11,932 | |
| Financial income | 75/76B | €22 | €59 | +€37 | +163.0% |
| Recurring financial income | 75 | €22 | €59 | +€37 | +163.0% |
| Financial charges | 65/66B | €372 | €312 | -€60 | -16.1% |
| Recurring financial charges | 65 | €372 | €312 | -€60 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €8,223 | -€3,612 | -€11,835 | |
| Profit (loss) for the period | 9904 | €8,223 | -€3,612 | -€11,835 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,223 | -€3,612 | -€11,835 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.