JOLI PROJECTS: 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 PROJECTS
Largest movements
- Tangible fixed assets +€50,889
new in 2025: €50,889
- Receivables within one year +€6,285
up €6,285 (+40.9%), from €15,353 to €21,638
of which Other amounts receivable: +€4,300
- Cash -€5,830
down €5,830 (-84.0%), from €6,938 to €1,108
mainly Investment in fixed assets (net) (-€58,295) and Receivables within one year (-€6,285)
- Debts after one year +€35,380
new in 2025: €35,380
- Current portion of long-term debt +€9,176
new in 2025: €9,176
- Tax, wage and social debts +€5,248
up €5,248 (+174.5%), from €3,008 to €8,256
- Other debts -€3,694
down €3,694 (-100.0%), from €3,694 to €0
- Trade debts +€2,792
new in 2025: €2,792
- Depreciation +€7,405
new in 2025: €7,405
- Taxes -€2,037
down €2,037 (-76.9%), from €2,647 to €610
- Financial charges +€1,792
up €1,792 (+187.0%), from €958 to €2,751
- Gross operating margin -€659
down €659 (-4.6%), from €14,441 to €13,782
- Other operating charges +€342
up €342 (+138.9%), from €246 to €588
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 | €22,291 | €73,635 | +€51,344 | +230.3% |
| Fixed assets | 21/28 | - | €50,889 | +€50,889 | |
| Tangible fixed assets | 22/27 | - | €50,889 | +€50,889 | |
| Furniture and vehicles | 24 | - | €50,889 | +€50,889 | |
| Current assets | 29/58 | €22,291 | €22,746 | +€455 | +2.0% |
| Amounts receivable within one year | 40/41 | €15,353 | €21,638 | +€6,285 | +40.9% |
| Trade receivables | 40 | €9,610 | €11,595 | +€1,985 | +20.7% |
| Other amounts receivable | 41 | €5,743 | €10,043 | +€4,300 | +74.9% |
| Cash at bank and in hand | 54/58 | €6,938 | €1,108 | -€5,830 | -84.0% |
| Total equity and liabilities | 10/49 | €22,291 | €73,635 | +€51,344 | +230.3% |
| Equity | 10/15 | €15,589 | €18,031 | +€2,442 | +15.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | - | -€5,000 | |
| Share premium | 1100/10 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €10,589 | €13,031 | +€2,442 | +23.1% |
| Amounts payable | 17/49 | €6,702 | €55,604 | +€48,903 | +729.7% |
| Amounts payable after more than one year | 17 | - | €35,380 | +€35,380 | |
| Financial debts | 170/4 | - | €35,380 | +€35,380 | |
| Amounts payable within one year | 42/48 | €6,702 | €20,224 | +€13,522 | +201.8% |
| Current portion of amounts payable after more than one year | 42 | - | €9,176 | +€9,176 | |
| Trade debts | 44 | - | €2,792 | +€2,792 | |
| Suppliers | 440/4 | - | €2,792 | +€2,792 | |
| Taxes, remuneration and social security | 45 | €3,008 | €8,256 | +€5,248 | +174.5% |
| Taxes | 450/3 | €3,008 | €8,256 | +€5,248 | +174.5% |
| Other amounts payable | 47/48 | €3,694 | €0 | -€3,694 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,405 | +€7,405 | |
| Other operating charges | 640/8 | €246 | €588 | +€342 | +138.9% |
| Gross operating margin | 9900 | €14,441 | €13,782 | -€659 | -4.6% |
| Operating profit (loss) | 9901 | €14,195 | €5,789 | -€8,407 | -59.2% |
| Financial income | 75/76B | €0 | €14 | +€14 | +28100.0% |
| Recurring financial income | 75 | €0 | €14 | +€14 | +28100.0% |
| Financial charges | 65/66B | €958 | €2,751 | +€1,792 | +187.0% |
| Recurring financial charges | 65 | €958 | €2,751 | +€1,792 | +187.0% |
| Profit (loss) for the period before taxes | 9903 | €13,237 | €3,052 | -€10,185 | -76.9% |
| Income taxes | 67/77 | €2,647 | €610 | -€2,037 | -76.9% |
| Profit (loss) for the period | 9904 | €10,589 | €2,442 | -€8,148 | -76.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,589 | €2,442 | -€8,148 | -76.9% |
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 8 October 2026 via checked.be.