JOLIN(E): 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(E)
Largest movements
- Deferred charges and accrued income -€10,380
down €10,380 (-91.0%), from €11,406 to €1,027
- Cash +€2,351
up €2,351 (+2.7%), from €86,168 to €88,518
mainly Deferred charges and accrued income (+€10,380) and Depreciation (+€6,981)
- Profit (loss) carried forward -€8,329
down €8,329 (-47.1%), from €17,681 to €9,352
- Gross operating margin -€1,728
down €1,728, from €942 to -€786
- Depreciation +€106
up €106 (+1.5%), from €6,875 to €6,981
- Other operating charges +€15
up €15 (+3.1%), from €502 to €517
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 | €176,968 | €168,549 | -€8,419 | -4.8% |
| Fixed assets | 21/28 | €79,394 | €79,004 | -€390 | -0.5% |
| Tangible fixed assets | 22/27 | €79,394 | €79,004 | -€390 | -0.5% |
| Land and buildings | 22 | €79,394 | €79,004 | -€390 | -0.5% |
| Current assets | 29/58 | €97,574 | €89,545 | -€8,029 | -8.2% |
| Cash at bank and in hand | 54/58 | €86,168 | €88,518 | +€2,351 | +2.7% |
| Deferred charges and accrued income | 490/1 | €11,406 | €1,027 | -€10,380 | -91.0% |
| Total equity and liabilities | 10/49 | €176,968 | €168,549 | -€8,419 | -4.8% |
| Equity | 10/15 | €176,642 | €168,313 | -€8,329 | -4.7% |
| Contributions | 10/11 | €99,921 | €99,921 | = | 0.0% |
| Reserves | 13 | €59,039 | €59,039 | = | 0.0% |
| Distributable reserves | 133 | €59,039 | €59,039 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,681 | €9,352 | -€8,329 | -47.1% |
| Amounts payable | 17/49 | €327 | €236 | -€91 | -27.8% |
| Amounts payable within one year | 42/48 | €327 | €236 | -€91 | -27.8% |
| Trade debts | 44 | €327 | - | -€327 | |
| Suppliers | 440/4 | €327 | - | -€327 | |
| Other amounts payable | 47/48 | - | €236 | +€236 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,875 | €6,981 | +€106 | +1.5% |
| Other operating charges | 640/8 | €502 | €517 | +€15 | +3.1% |
| Gross operating margin | 9900 | €942 | -€786 | -€1,728 | |
| Operating profit (loss) | 9901 | -€6,434 | -€8,284 | -€1,850 | -28.7% |
| Financial charges | 65/66B | €47 | €45 | -€2 | -3.2% |
| Recurring financial charges | 65 | €47 | €45 | -€2 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,480 | -€8,329 | -€1,848 | -28.5% |
| Profit (loss) for the period | 9904 | -€6,480 | -€8,329 | -€1,848 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,480 | -€8,329 | -€1,848 | -28.5% |
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 12 October 2026 via checked.be.