JOLIE HANDLES: 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 HANDLES
Largest movements
- Cash +€131,289
up €131,289 (+68.4%), from €191,942 to €323,231
mainly Net result for the year (+€284,974) and Trade debts (+€14,887)
- Receivables within one year +€94,110
up €94,110 (+66.2%), from €142,120 to €236,230
of which Other amounts receivable: +€111,510
- Deferred charges and accrued income +€46,321
new in 2025: €46,321
- Stocks and contracts +€35,896
up €35,896 (+8.7%), from €414,353 to €450,249
- Reserves +€285,239
up €285,239 (+50.4%), from €565,900 to €851,139
- Trade debts +€14,887
up €14,887 (+49.7%), from €29,926 to €44,812
- Gross operating margin -€96,368
down €96,368 (-15.4%), from €627,278 to €530,910
- Staff costs +€69,912
new in 2025: €69,912
- Taxes -€65,134
down €65,134 (-39.5%), from €164,902 to €99,768
- Write-downs +€61,520
new in 2025: €61,520
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 | €767,192 | €1,076,133 | +€308,941 | +40.3% |
| Fixed assets | 21/28 | €18,776 | €20,101 | +€1,325 | +7.1% |
| Tangible fixed assets | 22/27 | €18,776 | €20,101 | +€1,325 | +7.1% |
| Plant, machinery and equipment | 23 | €18,776 | €20,101 | +€1,325 | +7.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €748,416 | €1,056,032 | +€307,616 | +41.1% |
| Stocks and contracts in progress | 3 | €414,353 | €450,249 | +€35,896 | +8.7% |
| Stocks | 30/36 | €414,353 | €450,249 | +€35,896 | +8.7% |
| Amounts receivable within one year | 40/41 | €142,120 | €236,230 | +€94,110 | +66.2% |
| Trade receivables | 40 | €118,833 | €101,433 | -€17,400 | -14.6% |
| Other amounts receivable | 41 | €23,287 | €134,797 | +€111,510 | +479% |
| Cash at bank and in hand | 54/58 | €191,942 | €323,231 | +€131,289 | +68.4% |
| Deferred charges and accrued income | 490/1 | - | €46,321 | +€46,321 | |
| Total equity and liabilities | 10/49 | €767,192 | €1,076,133 | +€308,941 | +40.3% |
| Equity | 10/15 | €572,365 | €857,339 | +€284,974 | +49.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €565,900 | €851,139 | +€285,239 | +50.4% |
| Distributable reserves | 133 | €565,900 | €851,139 | +€285,239 | +50.4% |
| Profit (loss) carried forward | 14 | €265 | €0 | -€265 | -100% |
| Amounts payable | 17/49 | €194,827 | €218,794 | +€23,967 | +12.3% |
| Amounts payable within one year | 42/48 | €194,827 | €213,189 | +€18,362 | +9.4% |
| Trade debts | 44 | €29,926 | €44,812 | +€14,887 | +49.7% |
| Suppliers | 440/4 | €29,926 | €44,812 | +€14,887 | +49.7% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €164,902 | €168,377 | +€3,476 | +2.1% |
| Taxes | 450/3 | €164,902 | €168,377 | +€3,476 | +2.1% |
| Accrued charges and deferred income | 492/3 | - | €5,604 | +€5,604 | |
| Remuneration, social security and pensions | 62 | - | €69,912 | +€69,912 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,539 | €6,503 | +€1,964 | +43.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €61,520 | +€61,520 | |
| Other operating charges | 640/8 | €124 | €462 | +€338 | +272% |
| Non-recurring operating charges | 66A | - | €2,208 | +€2,208 | |
| Gross operating margin | 9900 | €627,278 | €530,910 | -€96,368 | -15.4% |
| Operating profit (loss) | 9901 | €622,615 | €390,304 | -€232,311 | -37.3% |
| Financial income | 75/76B | €23 | €8 | -€16 | -66.4% |
| Recurring financial income | 75 | €23 | €8 | -€16 | -66.4% |
| Financial charges | 65/66B | €3,971 | €5,570 | +€1,599 | +40.3% |
| Recurring financial charges | 65 | €3,971 | €5,570 | +€1,599 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €618,667 | €384,742 | -€233,926 | -37.8% |
| Income taxes | 67/77 | €164,902 | €99,768 | -€65,134 | -39.5% |
| Profit (loss) for the period | 9904 | €453,766 | €284,974 | -€168,792 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €453,766 | €284,974 | -€168,792 | -37.2% |
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 30 October 2026 via checked.be.