JOLIN: 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.
JOLIN
Largest movements
- Tangible fixed assets -€14,208
down €14,208 (-55.9%), from €25,421 to €11,214
of which Furniture and vehicles: -€13,637
- Cash -€12,083
down €12,083 (-2.6%), from €461,042 to €448,960
mainly Net result for the year (-€29,447) and Investment in fixed assets (net) (-€2,161)
- Profit (loss) carried forward -€29,447
new in 2025: -€29,447
- Gross operating margin -€61,919
down €61,919, from €47,010 to -€14,910
- Taxes -€6,167
down €6,167 (-96.8%), from €6,369 to €202
- Financial income +€1,682
up €1,682 (+148%), from €1,134 to €2,815
- Depreciation +€613
up €613 (+3.9%), from €15,755 to €16,368
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 | €497,041 | €466,656 | -€30,385 | -6.1% |
| Fixed assets | 21/28 | €25,421 | €11,214 | -€14,208 | -55.9% |
| Tangible fixed assets | 22/27 | €25,421 | €11,214 | -€14,208 | -55.9% |
| Plant, machinery and equipment | 23 | €2,261 | €1,691 | -€570 | -25.2% |
| Furniture and vehicles | 24 | €23,161 | €9,523 | -€13,637 | -58.9% |
| Current assets | 29/58 | €471,620 | €455,442 | -€16,178 | -3.4% |
| Amounts receivable within one year | 40/41 | €9,412 | €5,725 | -€3,687 | -39.2% |
| Trade receivables | 40 | - | €2,083 | +€2,083 | |
| Other amounts receivable | 41 | €9,412 | €3,643 | -€5,770 | -61.3% |
| Cash at bank and in hand | 54/58 | €461,042 | €448,960 | -€12,083 | -2.6% |
| Deferred charges and accrued income | 490/1 | €1,165 | €757 | -€408 | -35.0% |
| Total equity and liabilities | 10/49 | €497,041 | €466,656 | -€30,385 | -6.1% |
| Equity | 10/15 | €493,966 | €464,520 | -€29,447 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €475,366 | €475,366 | = | 0.0% |
| Distributable reserves | 133 | €475,366 | €475,366 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€29,447 | -€29,447 | |
| Amounts payable | 17/49 | €3,075 | €2,136 | -€938 | -30.5% |
| Amounts payable within one year | 42/48 | €3,075 | €2,136 | -€938 | -30.5% |
| Trade debts | 44 | €389 | €810 | +€421 | +108% |
| Suppliers | 440/4 | €389 | €810 | +€421 | +108% |
| Taxes, remuneration and social security | 45 | €753 | €1,327 | +€573 | +76.1% |
| Taxes | 450/3 | €753 | €1,327 | +€573 | +76.1% |
| Other amounts payable | 47/48 | €1,932 | €0 | -€1,932 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,755 | €16,368 | +€613 | +3.9% |
| Other operating charges | 640/8 | €569 | €577 | +€8 | +1.4% |
| Gross operating margin | 9900 | €47,010 | -€14,910 | -€61,919 | |
| Operating profit (loss) | 9901 | €30,686 | -€31,855 | -€62,541 | |
| Financial income | 75/76B | €1,134 | €2,815 | +€1,682 | +148% |
| Recurring financial income | 75 | €1,134 | €2,815 | +€1,682 | +148% |
| Financial charges | 65/66B | €173 | €205 | +€32 | +18.3% |
| Recurring financial charges | 65 | €173 | €205 | +€32 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €31,646 | -€29,245 | -€60,891 | |
| Income taxes | 67/77 | €6,369 | €202 | -€6,167 | -96.8% |
| Profit (loss) for the period | 9904 | €25,277 | -€29,447 | -€54,724 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,277 | -€29,447 | -€54,724 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.