JOLINA: 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.
JOLINA
Largest movements
- Tangible fixed assets +€24,947
up €24,947 (+5,869%), from €425 to €25,372
of which Furniture and vehicles: +€21,276
- Cash +€17,345
up €17,345 (+579%), from €2,997 to €20,342
mainly Debts after one year (+€21,097) and Net result for the year (+€13,446)
- Receivables within one year -€2,719
down €2,719 (-68.5%), from €3,972 to €1,253
- Stocks and contracts +€1,381
up €1,381 (+185%), from €745 to €2,126
- Deferred charges and accrued income +€509
new in 2025: €509
- Debts after one year +€21,097
new in 2025: €21,097
- Reserves +€13,446
up €13,446 (+268%), from €5,010 to €18,456
- Current portion of long-term debt +€3,903
new in 2025: €3,903
- Tax, wage and social debts +€2,727
up €2,727 (+201%), from €1,358 to €4,085
- Gross operating margin +€12,863
up €12,863 (+183%), from €7,034 to €19,897
- Depreciation +€3,015
up €3,015 (+24,836%), from €12 to €3,027
- Taxes +€1,491
up €1,491 (+120%), from €1,244 to €2,735
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 | €8,138 | €49,697 | +€41,559 | +511% |
| Fixed assets | 21/28 | €425 | €25,467 | +€25,042 | +5,892% |
| Tangible fixed assets | 22/27 | €425 | €25,372 | +€24,947 | +5,869% |
| Plant, machinery and equipment | 23 | - | €3,671 | +€3,671 | |
| Furniture and vehicles | 24 | €425 | €21,701 | +€21,276 | +5,006% |
| Financial fixed assets | 28 | - | €95 | +€95 | |
| Current assets | 29/58 | €7,713 | €24,230 | +€16,516 | +214% |
| Stocks and contracts in progress | 3 | €745 | €2,126 | +€1,381 | +185% |
| Stocks | 30/36 | €745 | €2,126 | +€1,381 | +185% |
| Amounts receivable within one year | 40/41 | €3,972 | €1,253 | -€2,719 | -68.5% |
| Trade receivables | 40 | €3,972 | €1,253 | -€2,719 | -68.5% |
| Cash at bank and in hand | 54/58 | €2,997 | €20,342 | +€17,345 | +579% |
| Deferred charges and accrued income | 490/1 | - | €509 | +€509 | |
| Total equity and liabilities | 10/49 | €8,138 | €49,697 | +€41,559 | +511% |
| Equity | 10/15 | €6,010 | €19,456 | +€13,446 | +224% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €5,010 | €18,456 | +€13,446 | +268% |
| Distributable reserves | 133 | €5,010 | €18,456 | +€13,446 | +268% |
| Amounts payable | 17/49 | €2,128 | €30,241 | +€28,113 | +1,321% |
| Amounts payable after more than one year | 17 | - | €21,097 | +€21,097 | |
| Financial debts | 170/4 | - | €21,097 | +€21,097 | |
| Amounts payable within one year | 42/48 | €2,128 | €9,069 | +€6,941 | +326% |
| Current portion of amounts payable after more than one year | 42 | - | €3,903 | +€3,903 | |
| Trade debts | 44 | €770 | €1,081 | +€311 | +40.4% |
| Suppliers | 440/4 | €770 | €1,081 | +€311 | +40.4% |
| Taxes, remuneration and social security | 45 | €1,358 | €4,085 | +€2,727 | +201% |
| Taxes | 450/3 | €1,358 | €4,085 | +€2,727 | +201% |
| Accrued charges and deferred income | 492/3 | - | €75 | +€75 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12 | €3,027 | +€3,015 | +24,836% |
| Other operating charges | 640/8 | €762 | €578 | -€184 | -24.1% |
| Gross operating margin | 9900 | €7,034 | €19,897 | +€12,863 | +183% |
| Operating profit (loss) | 9901 | €6,260 | €16,291 | +€10,032 | +160% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6 | €111 | +€106 | +1,838% |
| Recurring financial charges | 65 | €6 | €111 | +€106 | +1,838% |
| Profit (loss) for the period before taxes | 9903 | €6,254 | €16,180 | +€9,926 | +159% |
| Income taxes | 67/77 | €1,244 | €2,735 | +€1,491 | +120% |
| Profit (loss) for the period | 9904 | €5,010 | €13,446 | +€8,435 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €5,010 | €13,446 | +€8,435 | +168% |
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 21 October 2026 via checked.be.