JOLIE CAPSULE: 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.
JOLIE CAPSULE
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€265,322
down €265,322 (-60.2%), from €440,910 to €175,588
mainly Current investments (-€300,000) and Contributions, distributions and other (-€250,000)
- Other debts +€212,500
up €212,500 (+96.7%), from €219,656 to €432,156
- Profit (loss) carried forward -€142,436
down €142,436 (-37.0%), from €384,657 to €242,221
- Debts after one year -€49,035
down €49,035 (-9.6%), from €508,376 to €459,341
- Gross operating margin -€12,294
down €12,294 (-7.1%), from €172,314 to €160,020
- Financial income -€5,005
no longer reported in 2025 (was €5,005)
- Financial charges -€2,851
down €2,851 (-15.4%), from €18,520 to €15,669
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 | €1,200,010 | €1,227,784 | +€27,775 | +2.3% |
| Fixed assets | 21/28 | €751,900 | €751,900 | = | 0.0% |
| Financial fixed assets | 28 | €751,900 | €751,900 | = | 0.0% |
| Current assets | 29/58 | €448,109 | €475,884 | +€27,775 | +6.2% |
| Amounts receivable within one year | 40/41 | €4,627 | - | -€4,627 | |
| Other amounts receivable | 41 | €4,627 | - | -€4,627 | |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €440,910 | €175,588 | -€265,322 | -60.2% |
| Deferred charges and accrued income | 490/1 | €2,572 | €296 | -€2,277 | -88.5% |
| Total equity and liabilities | 10/49 | €1,200,010 | €1,227,784 | +€27,775 | +2.3% |
| Equity | 10/15 | €394,657 | €252,221 | -€142,436 | -36.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €384,657 | €242,221 | -€142,436 | -37.0% |
| Amounts payable | 17/49 | €805,353 | €975,563 | +€170,210 | +21.1% |
| Amounts payable after more than one year | 17 | €508,376 | €459,341 | -€49,035 | -9.6% |
| Financial debts | 170/4 | €508,376 | €459,341 | -€49,035 | -9.6% |
| Amounts payable within one year | 42/48 | €296,977 | €516,223 | +€219,246 | +73.8% |
| Current portion of amounts payable after more than one year | 42 | €43,624 | €49,035 | +€5,411 | +12.4% |
| Trade debts | 44 | €350 | €442 | +€92 | +26.2% |
| Suppliers | 440/4 | €350 | €442 | +€92 | +26.2% |
| Taxes, remuneration and social security | 45 | €33,347 | €34,590 | +€1,243 | +3.7% |
| Taxes | 450/3 | €33,347 | €34,590 | +€1,243 | +3.7% |
| Other amounts payable | 47/48 | €219,656 | €432,156 | +€212,500 | +96.7% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €172,314 | €160,020 | -€12,294 | -7.1% |
| Operating profit (loss) | 9901 | €171,809 | €159,500 | -€12,308 | -7.2% |
| Financial income | 75/76B | €5,005 | - | -€5,005 | |
| Recurring financial income | 75 | €5,005 | - | -€5,005 | |
| Financial charges | 65/66B | €18,520 | €15,669 | -€2,851 | -15.4% |
| Recurring financial charges | 65 | €18,520 | €15,669 | -€2,851 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €158,294 | €143,831 | -€14,463 | -9.1% |
| Income taxes | 67/77 | €34,573 | €36,267 | +€1,693 | +4.9% |
| Profit (loss) for the period | 9904 | €123,720 | €107,564 | -€16,156 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €123,720 | €107,564 | -€16,156 | -13.1% |
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 31 October 2026 via checked.be.