JOLIMMO: 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.
JOLIMMO
Largest movements
- Tangible fixed assets -€853,140
down €853,140 (-17.1%), from €5.0m to €4.1m
of which Land and buildings: -€793,938
- Cash +€330,371
up €330,371 (+317.9%), from €103,924 to €434,295
mainly Investment in fixed assets (net) (+€477,146) and Depreciation (+€375,994)
- Current investments +€201,082
up €201,082 (+3685.2%), from €5,456 to €206,538
- Other debts -€375,000
down €375,000 (-100.0%), from €375,000 to €0
- Profit (loss) carried forward +€160,215
up €160,215 (+14.2%), from €1.1m to €1.3m
- Debts after one year -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Reserves -€54,489
down €54,489 (-4.0%), from €1.4m to €1.3m
of which Tax-exempt reserves: -€54,489
- Gross operating margin +€306,631
up €306,631 (+58.1%), from €528,024 to €834,655
- Taxes +€60,353
up €60,353 (+6780.6%), from €890 to €61,243
- Depreciation +€48,923
up €48,923 (+15.0%), from €327,071 to €375,994
- Staff costs +€35,010
up €35,010 (+22.5%), from €155,782 to €190,792
- Financial charges +€18,841
up €18,841 (+391.8%), from €4,809 to €23,649
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 | €5,403,060 | €5,032,305 | -€370,755 | -6.9% |
| Fixed assets | 21/28 | €4,991,911 | €4,138,772 | -€853,140 | -17.1% |
| Tangible fixed assets | 22/27 | €4,991,911 | €4,138,772 | -€853,140 | -17.1% |
| Land and buildings | 22 | €4,804,723 | €4,010,786 | -€793,938 | -16.5% |
| Plant, machinery and equipment | 23 | €18,829 | €15,130 | -€3,699 | -19.6% |
| Furniture and vehicles | 24 | €168,359 | €112,857 | -€55,503 | -33.0% |
| Current assets | 29/58 | €411,149 | €893,533 | +€482,384 | +117.3% |
| Amounts receivable after more than one year | 29 | €208,000 | €208,000 | = | 0.0% |
| Other amounts receivable | 291 | €208,000 | €208,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €75,136 | €25,169 | -€49,967 | -66.5% |
| Trade receivables | 40 | €67,935 | €19,572 | -€48,363 | -71.2% |
| Other amounts receivable | 41 | €7,201 | €5,597 | -€1,604 | -22.3% |
| Current investments | 50/53 | €5,456 | €206,538 | +€201,082 | +3685.2% |
| Cash at bank and in hand | 54/58 | €103,924 | €434,295 | +€330,371 | +317.9% |
| Deferred charges and accrued income | 490/1 | €18,633 | €19,531 | +€898 | +4.8% |
| Total equity and liabilities | 10/49 | €5,403,060 | €5,032,305 | -€370,755 | -6.9% |
| Equity | 10/15 | €4,521,410 | €4,627,137 | +€105,726 | +2.3% |
| Contributions | 10/11 | €2,016,735 | €2,016,735 | = | 0.0% |
| Reserves | 13 | €1,375,256 | €1,320,767 | -€54,489 | -4.0% |
| Tax-exempt reserves | 132 | €861,178 | €806,689 | -€54,489 | -6.3% |
| Distributable reserves | 133 | €514,078 | €514,078 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,129,420 | €1,289,636 | +€160,215 | +14.2% |
| Provisions and deferred taxes | 16 | €375,493 | €357,330 | -€18,163 | -4.8% |
| Deferred taxes | 168 | €375,493 | €357,330 | -€18,163 | -4.8% |
| Amounts payable | 17/49 | €506,157 | €47,838 | -€458,319 | -90.5% |
| Amounts payable after more than one year | 17 | €100,000 | €0 | -€100,000 | -100.0% |
| Other amounts payable | 178/9 | €100,000 | €0 | -€100,000 | -100.0% |
| Amounts payable within one year | 42/48 | €406,157 | €47,838 | -€358,319 | -88.2% |
| Trade debts | 44 | €3,200 | €8,623 | +€5,424 | +169.5% |
| Suppliers | 440/4 | €3,200 | €8,623 | +€5,424 | +169.5% |
| Taxes, remuneration and social security | 45 | €27,957 | €39,215 | +€11,258 | +40.3% |
| Taxes | 450/3 | €9,885 | €21,470 | +€11,585 | +117.2% |
| Remuneration and social security | 454/9 | €18,072 | €17,745 | -€327 | -1.8% |
| Other amounts payable | 47/48 | €375,000 | €0 | -€375,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €155,782 | €190,792 | +€35,010 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €327,071 | €375,994 | +€48,923 | +15.0% |
| Other operating charges | 640/8 | €94,950 | €95,846 | +€896 | +0.9% |
| Gross operating margin | 9900 | €528,024 | €834,655 | +€306,631 | +58.1% |
| Operating profit (loss) | 9901 | -€49,779 | €172,023 | +€221,802 | |
| Financial income | 75/76B | €2,126 | €433 | -€1,693 | -79.6% |
| Recurring financial income | 75 | €2,126 | €433 | -€1,693 | -79.6% |
| Financial charges | 65/66B | €4,809 | €23,649 | +€18,841 | +391.8% |
| Recurring financial charges | 65 | €4,809 | €23,649 | +€18,841 | +391.8% |
| Profit (loss) for the period before taxes | 9903 | -€52,461 | €148,807 | +€201,268 | |
| Transfer from deferred taxes | 780 | €16,766 | €18,163 | +€1,397 | +8.3% |
| Income taxes | 67/77 | €890 | €61,243 | +€60,353 | +6780.6% |
| Profit (loss) for the period | 9904 | -€36,586 | €105,726 | +€142,312 | |
| Transfer from tax-exempt reserves | 789 | €50,297 | €54,489 | +€4,192 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,712 | €160,215 | +€146,504 | +1068.4% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.