JOLIVA: 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.
JOLIVA
Largest movements
- Tangible fixed assets -€17,674
down €17,674 (-20.8%), from €84,915 to €67,241
of which Land and buildings: -€18,264
- Cash +€3,671
up €3,671 (+25.6%), from €14,343 to €18,014
mainly Depreciation (+€18,334) and Net result for the year (+€1,147)
- Debts after one year -€11,717
down €11,717 (-23.1%), from €50,718 to €39,002
- Other debts -€2,612
down €2,612 (-3.6%), from €72,676 to €70,064
- Gross operating margin -€6,615
down €6,615 (-19.8%), from €33,442 to €26,826
- Financial charges -€775
down €775 (-19.8%), from €3,911 to €3,136
- Depreciation -€486
down €486 (-2.6%), from €18,820 to €18,334
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 | €126,067 | €114,020 | -€12,047 | -9.6% |
| Fixed assets | 21/28 | €84,915 | €67,241 | -€17,674 | -20.8% |
| Tangible fixed assets | 22/27 | €84,915 | €67,241 | -€17,674 | -20.8% |
| Land and buildings | 22 | €84,882 | €66,618 | -€18,264 | -21.5% |
| Furniture and vehicles | 24 | €33 | €624 | +€591 | +1789.8% |
| Current assets | 29/58 | €41,151 | €46,778 | +€5,627 | +13.7% |
| Stocks and contracts in progress | 3 | €21,727 | €22,777 | +€1,050 | +4.8% |
| Stocks | 30/36 | €21,727 | €22,777 | +€1,050 | +4.8% |
| Amounts receivable within one year | 40/41 | €4,985 | €5,888 | +€903 | +18.1% |
| Trade receivables | 40 | €223 | €3,632 | +€3,410 | +1530.3% |
| Other amounts receivable | 41 | €4,762 | €2,256 | -€2,507 | -52.6% |
| Cash at bank and in hand | 54/58 | €14,343 | €18,014 | +€3,671 | +25.6% |
| Deferred charges and accrued income | 490/1 | €96 | €99 | +€3 | +3.1% |
| Total equity and liabilities | 10/49 | €126,067 | €114,020 | -€12,047 | -9.6% |
| Equity | 10/15 | -€11,039 | -€9,893 | +€1,147 | +10.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,039 | -€10,893 | +€1,147 | +9.5% |
| Amounts payable | 17/49 | €137,106 | €123,912 | -€13,194 | -9.6% |
| Amounts payable after more than one year | 17 | €50,718 | €39,002 | -€11,717 | -23.1% |
| Financial debts | 170/4 | €50,718 | €39,002 | -€11,717 | -23.1% |
| Amounts payable within one year | 42/48 | €86,388 | €84,911 | -€1,477 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €11,127 | €11,717 | +€589 | +5.3% |
| Trade debts | 44 | €426 | €1,100 | +€674 | +158.4% |
| Suppliers | 440/4 | €426 | €1,100 | +€674 | +158.4% |
| Taxes, remuneration and social security | 45 | €2,159 | €2,031 | -€128 | -5.9% |
| Taxes | 450/3 | €2,159 | €2,031 | -€128 | -5.9% |
| Other amounts payable | 47/48 | €72,676 | €70,064 | -€2,612 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,820 | €18,334 | -€486 | -2.6% |
| Other operating charges | 640/8 | €3,931 | €4,047 | +€116 | +2.9% |
| Gross operating margin | 9900 | €33,442 | €26,826 | -€6,615 | -19.8% |
| Operating profit (loss) | 9901 | €10,691 | €4,445 | -€6,246 | -58.4% |
| Financial income | 75/76B | - | €82 | +€82 | |
| Recurring financial income | 75 | - | €82 | +€82 | |
| Financial charges | 65/66B | €3,911 | €3,136 | -€775 | -19.8% |
| Recurring financial charges | 65 | €3,911 | €3,136 | -€775 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €6,780 | €1,391 | -€5,389 | -79.5% |
| Income taxes | 67/77 | €238 | €244 | +€7 | +2.8% |
| Profit (loss) for the period | 9904 | €6,542 | €1,147 | -€5,395 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,542 | €1,147 | -€5,395 | -82.5% |
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 9 October 2026 via checked.be.