JOLI CARREAU: 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 CARREAU
Largest movements
- Receivables after one year -€24,856
down €24,856 (-31.3%), from €79,441 to €54,585
- Deferred charges and accrued income +€2,599
up €2,599 (+244%), from €1,067 to €3,666
- Cash +€2,585
up €2,585 (+14.9%), from €17,406 to €19,991
mainly Receivables after one year (+€24,856) and Other debts (+€14,555)
- Tangible fixed assets -€1,400
down €1,400 (-30.2%), from €4,631 to €3,231
- Profit (loss) carried forward -€38,036
down €38,036 (-97.2%), from €39,144 to €1,108
- Other debts +€14,555
up €14,555 (+509%), from €2,859 to €17,414
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Tax, wage and social debts -€7,658
down €7,658 (-77.1%), from €9,933 to €2,274
of which Taxes: -€8,133
- Trade debts -€3,320
down €3,320 (-56.8%), from €5,849 to €2,529
- Gross operating margin -€8,141
down €8,141 (-33.2%), from €24,526 to €16,385
- Financial charges +€4,491
up €4,491 (+69.5%), from €6,463 to €10,953
of which Financial charges: +€4,693
- Taxes -€4,150
down €4,150 (-86.8%), from €4,779 to €630
- Depreciation -€611
down €611 (-22.5%), from €2,713 to €2,101
- Other operating charges +€484
up €484 (+42.9%), from €1,129 to €1,614
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 | €118,663 | €96,603 | -€22,059 | -18.6% |
| Fixed assets | 21/28 | €5,631 | €4,231 | -€1,400 | -24.9% |
| Tangible fixed assets | 22/27 | €4,631 | €3,231 | -€1,400 | -30.2% |
| Plant, machinery and equipment | 23 | €4,631 | €3,231 | -€1,400 | -30.2% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €113,031 | €92,372 | -€20,660 | -18.3% |
| Amounts receivable after more than one year | 29 | €79,441 | €54,585 | -€24,856 | -31.3% |
| Other amounts receivable | 291 | €79,441 | €54,585 | -€24,856 | -31.3% |
| Amounts receivable within one year | 40/41 | €15,118 | €14,131 | -€987 | -6.5% |
| Trade receivables | 40 | €10,441 | €6,240 | -€4,201 | -40.2% |
| Other amounts receivable | 41 | €4,676 | €7,891 | +€3,215 | +68.8% |
| Cash at bank and in hand | 54/58 | €17,406 | €19,991 | +€2,585 | +14.9% |
| Deferred charges and accrued income | 490/1 | €1,067 | €3,666 | +€2,599 | +244% |
| Total equity and liabilities | 10/49 | €118,663 | €96,603 | -€22,059 | -18.6% |
| Equity | 10/15 | €100,022 | €74,385 | -€25,636 | -25.6% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €54,677 | €54,677 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €52,817 | €52,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,144 | €1,108 | -€38,036 | -97.2% |
| Amounts payable | 17/49 | €18,641 | €22,218 | +€3,577 | +19.2% |
| Amounts payable within one year | 42/48 | €18,641 | €22,218 | +€3,577 | +19.2% |
| Trade debts | 44 | €5,849 | €2,529 | -€3,320 | -56.8% |
| Suppliers | 440/4 | €5,849 | €2,529 | -€3,320 | -56.8% |
| Taxes, remuneration and social security | 45 | €9,933 | €2,274 | -€7,658 | -77.1% |
| Taxes | 450/3 | €8,539 | €406 | -€8,133 | -95.2% |
| Remuneration and social security | 454/9 | €1,393 | €1,868 | +€475 | +34.1% |
| Other amounts payable | 47/48 | €2,859 | €17,414 | +€14,555 | +509% |
| Non-recurring operating income | 76A | - | €3,719 | +€3,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,713 | €2,101 | -€611 | -22.5% |
| Other operating charges | 640/8 | €1,129 | €1,614 | +€484 | +42.9% |
| Gross operating margin | 9900 | €24,526 | €16,385 | -€8,141 | -33.2% |
| Operating profit (loss) | 9901 | €20,684 | €12,670 | -€8,014 | -38.7% |
| Financial income | 75/76B | €374 | €21 | -€353 | -94.5% |
| Recurring financial income | 75 | €374 | €21 | -€353 | -94.5% |
| Financial charges | 65/66B | €6,463 | €10,953 | +€4,491 | +69.5% |
| Recurring financial charges | 65 | €6,261 | €10,953 | +€4,693 | +75.0% |
| Non-recurring financial charges | 66B | €202 | - | -€202 | |
| Profit (loss) for the period before taxes | 9903 | €14,596 | €1,738 | -€12,858 | -88.1% |
| Income taxes | 67/77 | €4,779 | €630 | -€4,150 | -86.8% |
| Profit (loss) for the period | 9904 | €9,816 | €1,108 | -€8,708 | -88.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,816 | €1,108 | -€8,708 | -88.7% |
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 26 October 2026 via checked.be.