JOLIVER: 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.
JOLIVER
Largest movements
- Receivables within one year -€190,784
down €190,784 (-55.0%), from €346,960 to €156,176
of which Other amounts receivable: -€150,238
- Tangible fixed assets +€107,075
up €107,075 (+1.6%), from €6.8m to €6.9m
of which Land and buildings: +€140,220
- Debts after one year -€329,682
down €329,682 (-7.9%), from €4.2m to €3.8m
of which Financial debts: -€346,682
- Revaluation surpluses +€268,751
up €268,751 (+13.1%), from €2.1m to €2.3m
- Reserves +€88,551
up €88,551 (+50.3%), from €175,959 to €264,510
of which Distributable reserves: +€88,551
- Short-term financial debts -€80,000
down €80,000 (-100.0%), from €80,000 to €0
- Gross operating margin +€258,160
up €258,160 (+82.5%), from €312,956 to €571,117
- Financial charges -€18,051
down €18,051 (-8.9%), from €201,807 to €183,756
- Depreciation +€9,983
up €9,983 (+3.8%), from €259,509 to €269,492
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 | €7,408,776 | €7,322,414 | -€86,362 | -1.2% |
| Fixed assets | 21/28 | €7,035,573 | €7,142,648 | +€107,075 | +1.5% |
| Tangible fixed assets | 22/27 | €6,820,573 | €6,927,648 | +€107,075 | +1.6% |
| Land and buildings | 22 | €6,500,040 | €6,640,260 | +€140,220 | +2.2% |
| Plant, machinery and equipment | 23 | €184,004 | €163,233 | -€20,771 | -11.3% |
| Furniture and vehicles | 24 | €136,529 | €124,155 | -€12,374 | -9.1% |
| Financial fixed assets | 28 | €215,000 | €215,000 | = | 0.0% |
| Current assets | 29/58 | €373,203 | €179,766 | -€193,437 | -51.8% |
| Amounts receivable within one year | 40/41 | €346,960 | €156,176 | -€190,784 | -55.0% |
| Trade receivables | 40 | €40,546 | €0 | -€40,546 | -100.0% |
| Other amounts receivable | 41 | €306,415 | €156,176 | -€150,238 | -49.0% |
| Cash at bank and in hand | 54/58 | €11,776 | €19,745 | +€7,969 | +67.7% |
| Deferred charges and accrued income | 490/1 | €14,467 | €3,845 | -€10,622 | -73.4% |
| Total equity and liabilities | 10/49 | €7,408,776 | €7,322,414 | -€86,362 | -1.2% |
| Equity | 10/15 | €2,350,611 | €2,707,913 | +€357,301 | +15.2% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Revaluation surpluses | 12 | €2,050,652 | €2,319,403 | +€268,751 | +13.1% |
| Reserves | 13 | €175,959 | €264,510 | +€88,551 | +50.3% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €43,113 | €43,113 | = | 0.0% |
| Distributable reserves | 133 | €120,446 | €208,997 | +€88,551 | +73.5% |
| Amounts payable | 17/49 | €5,058,165 | €4,614,501 | -€443,663 | -8.8% |
| Amounts payable after more than one year | 17 | €4,151,313 | €3,821,631 | -€329,682 | -7.9% |
| Financial debts | 170/4 | €2,740,905 | €2,394,223 | -€346,682 | -12.6% |
| Other amounts payable | 178/9 | €1,410,408 | €1,427,408 | +€17,000 | +1.2% |
| Amounts payable within one year | 42/48 | €812,498 | €733,231 | -€79,267 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €338,326 | €346,682 | +€8,357 | +2.5% |
| Financial debts | 43 | €80,000 | €0 | -€80,000 | -100.0% |
| Credit institutions | 430/8 | €80,000 | €0 | -€80,000 | -100.0% |
| Trade debts | 44 | €30,520 | €49,558 | +€19,037 | +62.4% |
| Suppliers | 440/4 | €30,520 | €49,558 | +€19,037 | +62.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | €2,450 | +€2,450 | |
| Taxes | 450/3 | €0 | €2,450 | +€2,450 | |
| Other amounts payable | 47/48 | €363,652 | €334,541 | -€29,111 | -8.0% |
| Accrued charges and deferred income | 492/3 | €94,353 | €59,640 | -€34,714 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €259,509 | €269,492 | +€9,983 | +3.8% |
| Other operating charges | 640/8 | €34,070 | €33,238 | -€832 | -2.4% |
| Gross operating margin | 9900 | €312,956 | €571,117 | +€258,160 | +82.5% |
| Operating profit (loss) | 9901 | €19,377 | €268,386 | +€249,009 | +1285.1% |
| Financial income | 75/76B | €6,938 | €3,920 | -€3,018 | -43.5% |
| Recurring financial income | 75 | €6,938 | €3,920 | -€3,018 | -43.5% |
| Financial charges | 65/66B | €201,807 | €183,756 | -€18,051 | -8.9% |
| Recurring financial charges | 65 | €201,807 | €183,756 | -€18,051 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | -€175,492 | €88,551 | +€264,042 | |
| Profit (loss) for the period | 9904 | -€175,492 | €88,551 | +€264,042 | |
| Profit (loss) for the period to be appropriated | 9905 | -€175,492 | €88,551 | +€264,042 |
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 11 October 2026 via checked.be.