JOLIE: 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.
JOLIE
Largest movements
- Receivables within one year +€235,354
up €235,354 (+41.8%), from €563,721 to €799,075
of which Trade receivables: +€268,476
- Stocks and contracts +€84,330
up €84,330 (+70.0%), from €120,443 to €204,773
- Cash +€66,759
up €66,759 (+810.5%), from €8,237 to €74,996
mainly Net result for the year (+€346,518) and Trade debts (+€209,505)
- Tangible fixed assets -€29,342
down €29,342 (-1.9%), from €1.6m to €1.5m
of which Land and buildings: -€28,218
- Profit (loss) carried forward +€346,518
up €346,518 (+39.3%), from -€882,258 to -€535,740
- Trade debts +€209,505
up €209,505 (+176.7%), from €118,594 to €328,099
- Advances received -€110,000
down €110,000 (-100.0%), from €110,000 to €0
- Debts after one year -€88,440
down €88,440 (-6.6%), from €1.3m to €1.2m
- Gross operating margin +€229,120
up €229,120 (+112.3%), from €204,072 to €433,192
- Depreciation -€11,924
down €11,924 (-28.9%), from €41,266 to €29,342
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 | €2,269,269 | €2,626,495 | +€357,227 | +15.7% |
| Fixed assets | 21/28 | €1,576,643 | €1,547,301 | -€29,342 | -1.9% |
| Tangible fixed assets | 22/27 | €1,576,643 | €1,547,301 | -€29,342 | -1.9% |
| Land and buildings | 22 | €1,575,100 | €1,546,882 | -€28,218 | -1.8% |
| Plant, machinery and equipment | 23 | €1,543 | €419 | -€1,124 | -72.9% |
| Current assets | 29/58 | €692,626 | €1,079,194 | +€386,569 | +55.8% |
| Stocks and contracts in progress | 3 | €120,443 | €204,773 | +€84,330 | +70.0% |
| Stocks | 30/36 | €120,443 | €204,773 | +€84,330 | +70.0% |
| Amounts receivable within one year | 40/41 | €563,721 | €799,075 | +€235,354 | +41.8% |
| Trade receivables | 40 | €103,044 | €371,520 | +€268,476 | +260.5% |
| Other amounts receivable | 41 | €460,676 | €427,555 | -€33,121 | -7.2% |
| Cash at bank and in hand | 54/58 | €8,237 | €74,996 | +€66,759 | +810.5% |
| Deferred charges and accrued income | 490/1 | €225 | €350 | +€125 | +55.6% |
| Total equity and liabilities | 10/49 | €2,269,269 | €2,626,495 | +€357,227 | +15.7% |
| Equity | 10/15 | -€861,258 | -€514,740 | +€346,518 | +40.2% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€882,258 | -€535,740 | +€346,518 | +39.3% |
| Amounts payable | 17/49 | €3,130,527 | €3,141,235 | +€10,708 | +0.3% |
| Amounts payable after more than one year | 17 | €1,330,280 | €1,241,840 | -€88,440 | -6.6% |
| Financial debts | 170/4 | €1,330,280 | €1,241,840 | -€88,440 | -6.6% |
| Amounts payable within one year | 42/48 | €1,799,747 | €1,898,895 | +€99,148 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €84,614 | €88,440 | +€3,826 | +4.5% |
| Trade debts | 44 | €118,594 | €328,099 | +€209,505 | +176.7% |
| Suppliers | 440/4 | €118,594 | €328,099 | +€209,505 | +176.7% |
| Advances received on contracts in progress | 46 | €110,000 | €0 | -€110,000 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €3,439 | +€3,439 | |
| Taxes | 450/3 | - | €3,439 | +€3,439 | |
| Other amounts payable | 47/48 | €1,486,540 | €1,478,917 | -€7,623 | -0.5% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,266 | €29,342 | -€11,924 | -28.9% |
| Other operating charges | 640/8 | €6,471 | €7,043 | +€573 | +8.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €204,072 | €433,192 | +€229,120 | +112.3% |
| Operating profit (loss) | 9901 | €156,336 | €396,806 | +€240,471 | +153.8% |
| Financial income | 75/76B | €6,071 | €6,369 | +€298 | +4.9% |
| Recurring financial income | 75 | €6,071 | €6,369 | +€298 | +4.9% |
| Financial charges | 65/66B | €60,363 | €56,657 | -€3,706 | -6.1% |
| Recurring financial charges | 65 | €60,363 | €56,657 | -€3,706 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €102,044 | €346,518 | +€244,475 | +239.6% |
| Profit (loss) for the period | 9904 | €102,044 | €346,518 | +€244,475 | +239.6% |
| Profit (loss) for the period to be appropriated | 9905 | €102,044 | €346,518 | +€244,475 | +239.6% |
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 5 October 2026 via checked.be.