JOLI: 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.
JOLI
Largest movements
- Receivables within one year +€6,222
up €6,222 (+122%), from €5,083 to €11,306
- Cash +€2,916
up €2,916 (+57.3%), from €5,085 to €8,001
mainly Net result for the year (+€4,857) and Debts within one year (+€4,281)
- Profit (loss) carried forward +€4,857
up €4,857 (+30.0%), from -€16,196 to -€11,339
- Debts within one year +€4,281
up €4,281 (+23.6%), from €18,104 to €22,385
of which Other debts: +€21,077
- Gross operating margin +€7,755
up €7,755, from -€2,612 to €5,143
- Depreciation -€300
no longer reported in 2021 (was €300)
- Financial charges +€184
new in 2021: €184
- Other operating charges +€101
new in 2021: €101
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,168 | €19,306 | +€9,138 | +89.9% |
| Current assets | 29/58 | €10,168 | €19,306 | +€9,138 | +89.9% |
| Amounts receivable within one year | 40/41 | €5,083 | €11,306 | +€6,222 | +122% |
| Trade receivables | 40 | - | €11,306 | +€11,306 | |
| Cash at bank and in hand | 54/58 | €5,085 | €8,001 | +€2,916 | +57.3% |
| Total equity and liabilities | 10/49 | €10,168 | €19,306 | +€9,138 | +89.9% |
| Equity | 10/15 | -€7,936 | -€3,079 | +€4,857 | +61.2% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Capital | 10 | - | €6,400 | +€6,400 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,200 | +€12,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€16,196 | -€11,339 | +€4,857 | +30.0% |
| Amounts payable | 17/49 | €18,104 | €22,385 | +€4,281 | +23.6% |
| Amounts payable within one year | 42/48 | €18,104 | €22,385 | +€4,281 | +23.6% |
| Trade debts | 44 | - | €101 | +€101 | |
| Suppliers | 440/4 | - | €101 | +€101 | |
| Taxes, remuneration and social security | 45 | - | €1,207 | +€1,207 | |
| Taxes | 450/3 | - | €1,207 | +€1,207 | |
| Other amounts payable | 47/48 | - | €21,077 | +€21,077 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | - | -€300 | |
| Other operating charges | 640/8 | - | €101 | +€101 | |
| Gross operating margin | 9900 | -€2,612 | €5,143 | +€7,755 | |
| Operating profit (loss) | 9901 | -€3,260 | €5,042 | +€8,301 | |
| Financial charges | 65/66B | - | €184 | +€184 | |
| Recurring financial charges | 65 | €149 | €184 | +€35 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,409 | €4,857 | +€8,267 | |
| Profit (loss) for the period | 9904 | -€3,409 | €4,857 | +€8,267 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,409 | €4,857 | +€8,267 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.