Jolima: 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.
Jolima
Largest movements
- Stocks and contracts +€1.1m
up €1.1m (+45.5%), from €2.3m to €3.4m
- Cash -€161,975
down €161,975 (-91.1%), from €177,746 to €15,772
mainly Stocks and contracts (-€1.1m) and Contributions, distributions and other (-€193,123)
- Receivables within one year -€101,487
down €101,487 (-95.9%), from €105,865 to €4,377
of which Other amounts receivable: -€103,474
- Tangible fixed assets -€51,268
down €51,268 (-21.1%), from €243,117 to €191,848
of which Furniture and vehicles: -€49,418
- Current investments +€40,000
up €40,000 (+2,920%), from €1,370 to €41,370
- Trade debts +€591,810
up €591,810 (+35.4%), from €1.7m to €2.3m
- Short-term financial debts +€150,000
up €150,000 (+150%), from €100,000 to €250,000
- Other debts +€89,207
up €89,207 (+29.6%), from €301,118 to €390,325
- Depreciation +€36,990
up €36,990 (+212%), from €17,424 to €54,415
- Gross operating margin -€23,200
down €23,200 (-9.4%), from €246,476 to €223,276
- Taxes -€14,765
down €14,765 (-31.9%), from €46,340 to €31,576
- Financial charges -€5,735
down €5,735 (-18.0%), from €31,931 to €26,196
- Financial income +€3,989
up €3,989 (+6.3%), from €62,967 to €66,956
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 | €2,867,100 | €3,659,568 | +€792,468 | +27.6% |
| Fixed assets | 21/28 | €243,192 | €191,923 | -€51,268 | -21.1% |
| Tangible fixed assets | 22/27 | €243,117 | €191,848 | -€51,268 | -21.1% |
| Plant, machinery and equipment | 23 | €2,293 | €3,520 | +€1,226 | +53.5% |
| Furniture and vehicles | 24 | €237,593 | €188,176 | -€49,418 | -20.8% |
| Other tangible fixed assets | 26 | €3,230 | €153 | -€3,077 | -95.3% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €2,623,908 | €3,467,645 | +€843,737 | +32.2% |
| Stocks and contracts in progress | 3 | €2,337,837 | €3,401,138 | +€1.1m | +45.5% |
| Stocks | 30/36 | €2,337,837 | €3,401,138 | +€1.1m | +45.5% |
| Amounts receivable within one year | 40/41 | €105,865 | €4,377 | -€101,487 | -95.9% |
| Trade receivables | 40 | €1,519 | €3,505 | +€1,987 | +131% |
| Other amounts receivable | 41 | €104,346 | €872 | -€103,474 | -99.2% |
| Current investments | 50/53 | €1,370 | €41,370 | +€40,000 | +2,920% |
| Cash at bank and in hand | 54/58 | €177,746 | €15,772 | -€161,975 | -91.1% |
| Deferred charges and accrued income | 490/1 | €1,091 | €4,987 | +€3,897 | +357% |
| Total equity and liabilities | 10/49 | €2,867,100 | €3,659,568 | +€792,468 | +27.6% |
| Equity | 10/15 | €622,138 | €603,058 | -€19,081 | -3.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €504,856 | €485,775 | -€19,081 | -3.8% |
| Distributable reserves | 133 | €504,856 | €485,775 | -€19,081 | -3.8% |
| Profit (loss) carried forward | 14 | €92,493 | €92,493 | = | 0.0% |
| Provisions and deferred taxes | 16 | €57,680 | €57,680 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €57,680 | €57,680 | = | 0.0% |
| Pensions and similar obligations | 160 | €57,680 | €57,680 | = | 0.0% |
| Amounts payable | 17/49 | €2,187,282 | €2,998,830 | +€811,549 | +37.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,182,782 | €2,998,830 | +€816,049 | +37.4% |
| Current portion of amounts payable after more than one year | 42 | €598 | €0 | -€598 | -100% |
| Financial debts | 43 | €100,000 | €250,000 | +€150,000 | +150% |
| Credit institutions | 430/8 | €100,000 | €250,000 | +€150,000 | +150% |
| Trade debts | 44 | €1,670,001 | €2,261,811 | +€591,810 | +35.4% |
| Suppliers | 440/4 | €1,670,001 | €2,261,811 | +€591,810 | +35.4% |
| Advances received on contracts in progress | 46 | €104,726 | €69,208 | -€35,518 | -33.9% |
| Taxes, remuneration and social security | 45 | €6,338 | €27,487 | +€21,148 | +334% |
| Taxes | 450/3 | €6,338 | €27,487 | +€21,148 | +334% |
| Other amounts payable | 47/48 | €301,118 | €390,325 | +€89,207 | +29.6% |
| Accrued charges and deferred income | 492/3 | €4,500 | €0 | -€4,500 | -100% |
| Non-recurring operating income | 76A | €32,497 | €0 | -€32,497 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,424 | €54,415 | +€36,990 | +212% |
| Other operating charges | 640/8 | €4,071 | €4,003 | -€67 | -1.7% |
| Gross operating margin | 9900 | €246,476 | €223,276 | -€23,200 | -9.4% |
| Operating profit (loss) | 9901 | €224,981 | €164,858 | -€60,123 | -26.7% |
| Financial income | 75/76B | €62,967 | €66,956 | +€3,989 | +6.3% |
| Recurring financial income | 75 | €62,967 | €66,956 | +€3,989 | +6.3% |
| Financial charges | 65/66B | €31,931 | €26,196 | -€5,735 | -18.0% |
| Recurring financial charges | 65 | €31,931 | €26,196 | -€5,735 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €256,016 | €205,618 | -€50,399 | -19.7% |
| Income taxes | 67/77 | €46,340 | €31,576 | -€14,765 | -31.9% |
| Profit (loss) for the period | 9904 | €209,676 | €174,042 | -€35,634 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €209,676 | €174,042 | -€35,634 | -17.0% |
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 25 October 2026 via checked.be.