Jolien: 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.
Jolien
Largest movements
- Tangible fixed assets -€17,629
down €17,629 (-8.7%), from €202,034 to €184,404
of which Plant, machinery and equipment: -€13,746
- Receivables within one year -€3,562
down €3,562 (-81.7%), from €4,361 to €799
of which Other amounts receivable: -€3,073
- Deferred charges and accrued income -€2,323
no longer reported in 2025 (was €2,323)
- Debts after one year -€25,556
down €25,556 (-14.7%), from €174,232 to €148,676
- Trade debts +€4,804
up €4,804 (+23.8%), from €20,177 to €24,981
- Current portion of long-term debt -€2,816
down €2,816 (-11.1%), from €25,303 to €22,487
- Gross operating margin +€25,503
up €25,503 (+122.9%), from €20,754 to €46,257
- Financial charges +€9,884
up €9,884 (+102.6%), from €9,633 to €19,517
- Depreciation -€2,711
down €2,711 (-10.3%), from €26,340 to €23,629
- Other operating charges +€1,056
up €1,056 (+48.4%), from €2,184 to €3,240
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 | €210,764 | €187,397 | -€23,367 | -11.1% |
| Fixed assets | 21/28 | €202,397 | €184,767 | -€17,629 | -8.7% |
| Tangible fixed assets | 22/27 | €202,034 | €184,404 | -€17,629 | -8.7% |
| Land and buildings | 22 | €184,751 | €176,251 | -€8,500 | -4.6% |
| Plant, machinery and equipment | 23 | €16,287 | €2,542 | -€13,746 | -84.4% |
| Furniture and vehicles | 24 | €996 | €5,612 | +€4,616 | +463.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €8,367 | €2,630 | -€5,738 | -68.6% |
| Stocks and contracts in progress | 3 | €1,250 | €450 | -€800 | -64.0% |
| Stocks | 30/36 | €1,250 | €450 | -€800 | -64.0% |
| Amounts receivable within one year | 40/41 | €4,361 | €799 | -€3,562 | -81.7% |
| Trade receivables | 40 | €1,288 | €799 | -€489 | -38.0% |
| Other amounts receivable | 41 | €3,073 | - | -€3,073 | |
| Cash at bank and in hand | 54/58 | €433 | €1,381 | +€948 | +218.8% |
| Deferred charges and accrued income | 490/1 | €2,323 | - | -€2,323 | |
| Total equity and liabilities | 10/49 | €210,764 | €187,397 | -€23,367 | -11.1% |
| Equity | 10/15 | -€13,997 | -€14,127 | -€130 | -0.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,997 | -€54,127 | -€130 | -0.2% |
| Amounts payable | 17/49 | €224,761 | €201,524 | -€23,237 | -10.3% |
| Amounts payable after more than one year | 17 | €174,232 | €148,676 | -€25,556 | -14.7% |
| Financial debts | 170/4 | €174,232 | €148,676 | -€25,556 | -14.7% |
| Amounts payable within one year | 42/48 | €50,529 | €52,848 | +€2,319 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €25,303 | €22,487 | -€2,816 | -11.1% |
| Financial debts | 43 | €4,985 | €4,461 | -€524 | -10.5% |
| Credit institutions | 430/8 | €4,985 | €4,461 | -€524 | -10.5% |
| Trade debts | 44 | €20,177 | €24,981 | +€4,804 | +23.8% |
| Suppliers | 440/4 | €20,177 | €24,981 | +€4,804 | +23.8% |
| Taxes, remuneration and social security | 45 | €64 | €754 | +€690 | +1076.9% |
| Taxes | 450/3 | €64 | €754 | +€690 | +1076.9% |
| Other amounts payable | 47/48 | - | €165 | +€165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,340 | €23,629 | -€2,711 | -10.3% |
| Other operating charges | 640/8 | €2,184 | €3,240 | +€1,056 | +48.4% |
| Gross operating margin | 9900 | €20,754 | €46,257 | +€25,503 | +122.9% |
| Operating profit (loss) | 9901 | -€7,770 | €19,387 | +€27,157 | |
| Financial charges | 65/66B | €9,633 | €19,517 | +€9,884 | +102.6% |
| Recurring financial charges | 65 | €9,633 | €19,517 | +€9,884 | +102.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,403 | -€130 | +€17,273 | +99.3% |
| Profit (loss) for the period | 9904 | -€17,403 | -€130 | +€17,273 | +99.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,403 | -€130 | +€17,273 | +99.3% |
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 9 October 2026 via checked.be.