JOLIE: 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.
What changed
JOLIE
NACE 46.311, Wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€481,451
2024 · €2.8m-€2.3m
Equity
€7.5m
2024 · €7.0m+€477,327
Cash
€250,975
2024 · €646,138-€395,163
Balance sheet total
€10.1m
2024 · €15.0m-€4.9m
Largest movements
Assets
- Current investments -€2.6m
down €2.6m (-42.5%), from €6.0m to €3.4m
- Receivables within one year -€1.7m
down €1.7m (-29.8%), from €5.7m to €4.0m
of which Trade receivables: -€972,464
- Cash -€395,163
down €395,163 (-61.2%), from €646,138 to €250,975
mainly Trade debts (-€5.1m) and Tax, wage and social debts (-€244,556)
Equity and liabilities
- Trade debts -€5.1m
down €5.1m (-72.5%), from €7.0m to €1.9m
- Reserves +€481,451
up €481,451 (+6.9%), from €7.0m to €7.5m
of which Distributable reserves: +€483,195
- Tax, wage and social debts -€244,556
down €244,556 (-51.4%), from €475,505 to €230,949
Income statement
- Turnover -€17.0m
down €17.0m (-47.1%), from €36.1m to €19.1m
- Goods and materials -€13.7m
down €13.7m (-43.8%), from €31.3m to €17.6m
of which Purchases: -€12.6m
- Taxes -€820,328
down €820,328 (-83.6%), from €981,533 to €161,205
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.
Result 2024
€2.8m
Turnover
-€17.0m
Other operating income
+€25,872
Goods and materials
+€13.7m
Services and other goods
+€64,096
Depreciation
-€31,916
Other operating charges
-€631
Financial income
+€26,940
Financial charges
+€15,501
Taxes
+€820,328
Result 2025
€481,451
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.
From operations
-€2.6m
Investment
+€2.3m
Financing
-€97,017
Cash 2024
€646,138
From operations (derived)
-€2.6m
Net result for the year
+€481,451
Depreciation
+€328,205
Stocks and contracts
+€55,000
Receivables within one year
+€1.7m
Deferred charges and accrued income
+€50,072
Smaller working-capital items
+€3,931
Trade debts
-€5.1m
Tax, wage and social debts
-€244,556
Other debts
+€98,183
Investment (derived)
+€2.3m
Investment in fixed assets (net)
-€231,703
Current investments
+€2.6m
Financing
-€97,017
Debts after one year
-€87,496
Current portion of long-term debt
-€5,397
Contributions, distributions and other
-€4,124
Cash 2025
€250,975
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,991,071 | €10,139,245 | -€4.9m | -32.4% |
| Fixed assets | 21/28 | €1,376,650 | €1,280,149 | -€96,502 | -7.0% |
| Tangible fixed assets | 22/27 | €1,375,675 | €1,279,174 | -€96,502 | -7.0% |
| Land and buildings | 22 | €730,703 | €702,809 | -€27,894 | -3.8% |
| Plant, machinery and equipment | 23 | €378,263 | €259,178 | -€119,085 | -31.5% |
| Furniture and vehicles | 24 | €153,147 | €215,725 | +€62,577 | +40.9% |
| Leasing and similar rights | 25 | €113,561 | €101,461 | -€12,100 | -10.7% |
| Financial fixed assets | 28 | €975 | €975 | = | 0.0% |
| Other financial fixed assets | 284/8 | €975 | €975 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €975 | €975 | = | 0.0% |
| Current assets | 29/58 | €13,614,421 | €8,859,097 | -€4.8m | -34.9% |
| Stocks and contracts in progress | 3 | €1,190,000 | €1,135,000 | -€55,000 | -4.6% |
| Stocks | 30/36 | €1,190,000 | €1,135,000 | -€55,000 | -4.6% |
| Goods purchased for resale | 34 | €1,190,000 | €1,135,000 | -€55,000 | -4.6% |
| Amounts receivable within one year | 40/41 | €5,722,124 | €4,018,881 | -€1.7m | -29.8% |
| Trade receivables | 40 | €3,806,355 | €2,833,892 | -€972,464 | -25.5% |
| Other amounts receivable | 41 | €1,915,769 | €1,184,989 | -€730,780 | -38.1% |
| Current investments | 50/53 | €6,000,000 | €3,448,154 | -€2.6m | -42.5% |
| Other investments | 51/53 | €6,000,000 | €3,448,154 | -€2.6m | -42.5% |
| Cash at bank and in hand | 54/58 | €646,138 | €250,975 | -€395,163 | -61.2% |
| Deferred charges and accrued income | 490/1 | €56,159 | €6,087 | -€50,072 | -89.2% |
| Total equity and liabilities | 10/49 | €14,991,071 | €10,139,245 | -€4.9m | -32.4% |
| Equity | 10/15 | €7,020,058 | €7,497,384 | +€477,327 | +6.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €6,989,796 | €7,471,247 | +€481,451 | +6.9% |
| Tax-exempt reserves | 132 | €22,387 | €20,642 | -€1,745 | -7.8% |
| Distributable reserves | 133 | €6,967,409 | €7,450,605 | +€483,195 | +6.9% |
| Investment grants | 15 | €10,262 | €6,137 | -€4,124 | -40.2% |
| Provisions and deferred taxes | 16 | €1,221 | €640 | -€581 | -47.6% |
| Deferred taxes | 168 | €1,221 | €640 | -€581 | -47.6% |
| Amounts payable | 17/49 | €7,969,793 | €2,641,221 | -€5.3m | -66.9% |
| Amounts payable after more than one year | 17 | €280,171 | €192,675 | -€87,496 | -31.2% |
| Financial debts | 170/4 | €280,171 | €192,675 | -€87,496 | -31.2% |
| Leasing and similar obligations | 172 | €65,171 | €37,675 | -€27,496 | -42.2% |
| Credit institutions | 173 | €75,000 | €15,000 | -€60,000 | -80.0% |
| Other loans | 174 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,689,621 | €2,444,034 | -€5.2m | -68.2% |
| Current portion of amounts payable after more than one year | 42 | €92,893 | €87,496 | -€5,397 | -5.8% |
| Trade debts | 44 | €7,023,112 | €1,929,295 | -€5.1m | -72.5% |
| Suppliers | 440/4 | €7,023,112 | €1,929,295 | -€5.1m | -72.5% |
| Taxes, remuneration and social security | 45 | €475,505 | €230,949 | -€244,556 | -51.4% |
| Taxes | 450/3 | €475,505 | €230,949 | -€244,556 | -51.4% |
| Other amounts payable | 47/48 | €98,111 | €196,294 | +€98,183 | +100.1% |
| Accrued charges and deferred income | 492/3 | - | €4,512 | +€4,512 | |
| Operating income | 70/76A | €36,102,482 | €19,145,197 | -€17.0m | -47.0% |
| Turnover | 70 | €36,073,444 | €19,090,288 | -€17.0m | -47.1% |
| Other operating income | 74 | €29,037 | €54,909 | +€25,872 | +89.1% |
| Operating charges | 60/66A | €32,368,097 | €18,604,247 | -€13.8m | -42.5% |
| Goods for resale, raw materials and consumables | 60 | €31,322,741 | €17,590,440 | -€13.7m | -43.8% |
| Purchases | 600/8 | €30,107,741 | €17,535,440 | -€12.6m | -41.8% |
| Change in stocks: decrease (increase) | 609 | €1,215,000 | €55,000 | -€1.2m | -95.5% |
| Services and other goods | 61 | €727,674 | €663,578 | -€64,096 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €296,288 | €328,205 | +€31,916 | +10.8% |
| Other operating charges | 640/8 | €21,394 | €22,025 | +€631 | +2.9% |
| Operating profit (loss) | 9901 | €3,734,384 | €540,949 | -€3.2m | -85.5% |
| Financial income | 75/76B | €101,271 | €128,211 | +€26,940 | +26.6% |
| Recurring financial income | 75 | €101,271 | €128,211 | +€26,940 | +26.6% |
| Income from financial fixed assets | 750 | €92,487 | €122,891 | +€30,404 | +32.9% |
| Other financial income | 752/9 | €8,784 | €5,320 | -€3,464 | -39.4% |
| Financial charges | 65/66B | €42,587 | €27,086 | -€15,501 | -36.4% |
| Recurring financial charges | 65 | €42,587 | €27,086 | -€15,501 | -36.4% |
| Debt charges | 650 | €40,745 | €23,742 | -€17,003 | -41.7% |
| Other financial charges | 652/9 | €1,841 | €3,344 | +€1,503 | +81.6% |
| Profit (loss) for the period before taxes | 9903 | €3,793,069 | €642,075 | -€3.2m | -83.1% |
| Transfer from deferred taxes | 780 | €581 | €581 | = | 0.0% |
| Income taxes | 67/77 | €981,533 | €161,205 | -€820,328 | -83.6% |
| Taxes | 670/3 | €981,533 | €161,205 | -€820,328 | -83.6% |
| Profit (loss) for the period | 9904 | €2,812,117 | €481,451 | -€2.3m | -82.9% |
| Transfer from tax-exempt reserves | 789 | €1,745 | €1,745 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,813,862 | €483,195 | -€2.3m | -82.8% |
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 12 October 2026 via checked.be.