JOLI Management: 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 Management
Largest movements
- Cash +€54,289
up €54,289 (+176.3%), from €30,796 to €85,085
mainly Receivables after one year (+€41,732) and Depreciation (+€41,591)
- Receivables after one year -€41,732
down €41,732 (-11.7%), from €358,057 to €316,325
- Tangible fixed assets -€41,591
down €41,591 (-10.7%), from €387,879 to €346,288
of which Furniture and vehicles: -€25,548
- Receivables within one year -€17,196
down €17,196 (-3.6%), from €479,856 to €462,660
of which Other amounts receivable: -€56,100
- Other debts -€27,414
down €27,414 (-100.0%), from €27,414 to €0
- Debts after one year -€20,717
down €20,717 (-41.7%), from €49,671 to €28,953
- Depreciation +€16,758
up €16,758 (+67.5%), from €24,833 to €41,591
- Gross operating margin +€5,986
up €5,986 (+18.6%), from €32,258 to €38,245
- Financial income +€2,019
up €2,019 (+19.0%), from €10,616 to €12,635
- Other operating charges +€1,091
up €1,091 (+45.1%), from €2,419 to €3,510
- Financial charges -€915
down €915 (-25.6%), from €3,576 to €2,661
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 | €1,258,934 | €1,212,673 | -€46,261 | -3.7% |
| Fixed assets | 21/28 | €387,879 | €346,288 | -€41,591 | -10.7% |
| Tangible fixed assets | 22/27 | €387,879 | €346,288 | -€41,591 | -10.7% |
| Land and buildings | 22 | €234,777 | €222,485 | -€12,293 | -5.2% |
| Plant, machinery and equipment | 23 | €36,598 | €32,848 | -€3,750 | -10.2% |
| Furniture and vehicles | 24 | €116,503 | €90,955 | -€25,548 | -21.9% |
| Current assets | 29/58 | €871,055 | €866,385 | -€4,670 | -0.5% |
| Amounts receivable after more than one year | 29 | €358,057 | €316,325 | -€41,732 | -11.7% |
| Other amounts receivable | 291 | €358,057 | €316,325 | -€41,732 | -11.7% |
| Amounts receivable within one year | 40/41 | €479,856 | €462,660 | -€17,196 | -3.6% |
| Trade receivables | 40 | €105,042 | €143,945 | +€38,903 | +37.0% |
| Other amounts receivable | 41 | €374,814 | €318,715 | -€56,100 | -15.0% |
| Cash at bank and in hand | 54/58 | €30,796 | €85,085 | +€54,289 | +176.3% |
| Deferred charges and accrued income | 490/1 | €2,346 | €2,316 | -€30 | -1.3% |
| Total equity and liabilities | 10/49 | €1,258,934 | €1,212,673 | -€46,261 | -3.7% |
| Equity | 10/15 | €931,969 | €928,366 | -€3,604 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €913,369 | €909,766 | -€3,604 | -0.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Tax-exempt reserves | 132 | €851,664 | €846,218 | -€5,445 | -0.6% |
| Distributable reserves | 133 | €59,846 | €63,547 | +€3,702 | +6.2% |
| Provisions and deferred taxes | 16 | €212,916 | €211,555 | -€1,361 | -0.6% |
| Deferred taxes | 168 | €212,916 | €211,555 | -€1,361 | -0.6% |
| Amounts payable | 17/49 | €114,049 | €72,753 | -€41,296 | -36.2% |
| Amounts payable after more than one year | 17 | €49,671 | €28,953 | -€20,717 | -41.7% |
| Financial debts | 170/4 | €49,671 | €28,953 | -€20,717 | -41.7% |
| Amounts payable within one year | 42/48 | €62,732 | €42,153 | -€20,579 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €19,899 | €20,717 | +€818 | +4.1% |
| Trade debts | 44 | €2,308 | €5,089 | +€2,780 | +120.4% |
| Suppliers | 440/4 | €2,308 | €5,089 | +€2,780 | +120.4% |
| Taxes, remuneration and social security | 45 | €13,110 | €16,347 | +€3,237 | +24.7% |
| Taxes | 450/3 | €13,110 | €16,347 | +€3,237 | +24.7% |
| Other amounts payable | 47/48 | €27,414 | €0 | -€27,414 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,646 | €1,646 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,833 | €41,591 | +€16,758 | +67.5% |
| Other operating charges | 640/8 | €2,419 | €3,510 | +€1,091 | +45.1% |
| Non-recurring operating charges | 66A | €139,408 | €6,689 | -€132,719 | -95.2% |
| Gross operating margin | 9900 | €32,258 | €38,245 | +€5,986 | +18.6% |
| Operating profit (loss) | 9901 | -€134,402 | -€13,546 | +€120,856 | +89.9% |
| Financial income | 75/76B | €10,616 | €12,635 | +€2,019 | +19.0% |
| Recurring financial income | 75 | €10,616 | €12,635 | +€2,019 | +19.0% |
| Financial charges | 65/66B | €3,576 | €2,661 | -€915 | -25.6% |
| Recurring financial charges | 65 | €3,576 | €2,661 | -€915 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | -€127,363 | -€3,572 | +€123,791 | +97.2% |
| Transfer from deferred taxes | 780 | €1,361 | €1,361 | = | 0.0% |
| Income taxes | 67/77 | €527 | €1,393 | +€866 | +164.3% |
| Profit (loss) for the period | 9904 | -€126,529 | -€3,604 | +€122,925 | +97.2% |
| Transfer from tax-exempt reserves | 789 | €5,445 | €5,445 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€121,083 | €1,842 | +€122,925 |
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.