Jolla: 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.
Jolla
Largest movements
- Current investments +€140,648
up €140,648 (+236.9%), from €59,378 to €200,026
- Receivables within one year -€110,947
down €110,947 (-92.0%), from €120,645 to €9,697
of which Trade receivables: -€120,469
- Cash -€4,722
down €4,722 (-36.8%), from €12,823 to €8,101
mainly Current investments (-€140,648) and Investment in fixed assets (net) (-€32,449)
- Tangible fixed assets +€4,419
up €4,419 (+6.0%), from €74,019 to €78,438
of which Furniture and vehicles: +€6,598
- Trade debts +€34,306
up €34,306 (+4814.8%), from €713 to €35,018
- Other debts +€13,216
up €13,216 (+28.6%), from €46,215 to €59,431
- Tax, wage and social debts -€12,544
down €12,544 (-72.4%), from €17,329 to €4,785
- Debts after one year -€8,828
down €8,828 (-51.5%), from €17,146 to €8,318
- Gross operating margin -€49,519
down €49,519 (-58.7%), from €84,368 to €34,849
- Taxes -€16,613
down €16,613 (-96.5%), from €17,213 to €600
- Depreciation +€3,872
up €3,872 (+15.0%), from €25,798 to €29,670
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 | €274,061 | €302,538 | +€28,476 | +10.4% |
| Fixed assets | 21/28 | €79,938 | €82,717 | +€2,779 | +3.5% |
| Intangible fixed assets | 21 | €5,394 | €3,754 | -€1,640 | -30.4% |
| Tangible fixed assets | 22/27 | €74,019 | €78,438 | +€4,419 | +6.0% |
| Furniture and vehicles | 24 | €66,675 | €73,273 | +€6,598 | +9.9% |
| Other tangible fixed assets | 26 | €7,344 | €5,164 | -€2,179 | -29.7% |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €194,123 | €219,820 | +€25,697 | +13.2% |
| Amounts receivable within one year | 40/41 | €120,645 | €9,697 | -€110,947 | -92.0% |
| Trade receivables | 40 | €120,530 | €61 | -€120,469 | -99.9% |
| Other amounts receivable | 41 | €114 | €9,636 | +€9,521 | +8328.0% |
| Current investments | 50/53 | €59,378 | €200,026 | +€140,648 | +236.9% |
| Cash at bank and in hand | 54/58 | €12,823 | €8,101 | -€4,722 | -36.8% |
| Deferred charges and accrued income | 490/1 | €1,278 | €1,996 | +€718 | +56.2% |
| Total equity and liabilities | 10/49 | €274,061 | €302,538 | +€28,476 | +10.4% |
| Equity | 10/15 | €181,593 | €181,885 | +€292 | +0.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €169,193 | €169,485 | +€292 | +0.2% |
| Distributable reserves | 133 | €169,193 | €169,485 | +€292 | +0.2% |
| Amounts payable | 17/49 | €92,468 | €120,653 | +€28,185 | +30.5% |
| Amounts payable after more than one year | 17 | €17,146 | €8,318 | -€8,828 | -51.5% |
| Financial debts | 170/4 | €17,146 | €8,318 | -€8,828 | -51.5% |
| Amounts payable within one year | 42/48 | €72,240 | €108,513 | +€36,273 | +50.2% |
| Current portion of amounts payable after more than one year | 42 | €7,984 | €8,828 | +€845 | +10.6% |
| Trade debts | 44 | €713 | €35,018 | +€34,306 | +4814.8% |
| Suppliers | 440/4 | €713 | €35,018 | +€34,306 | +4814.8% |
| Advances received on contracts in progress | 46 | - | €450 | +€450 | |
| Taxes, remuneration and social security | 45 | €17,329 | €4,785 | -€12,544 | -72.4% |
| Taxes | 450/3 | €17,329 | €4,785 | -€12,544 | -72.4% |
| Other amounts payable | 47/48 | €46,215 | €59,431 | +€13,216 | +28.6% |
| Accrued charges and deferred income | 492/3 | €3,081 | €3,822 | +€740 | +24.0% |
| Non-recurring operating income | 76A | €4,526 | €0 | -€4,526 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,798 | €29,670 | +€3,872 | +15.0% |
| Other operating charges | 640/8 | €932 | €652 | -€280 | -30.1% |
| Gross operating margin | 9900 | €84,368 | €34,849 | -€49,519 | -58.7% |
| Operating profit (loss) | 9901 | €57,638 | €4,527 | -€53,111 | -92.1% |
| Financial income | 75/76B | €386 | €800 | +€414 | +107.3% |
| Recurring financial income | 75 | €386 | €800 | +€414 | +107.3% |
| Financial charges | 65/66B | €3,818 | €4,436 | +€617 | +16.2% |
| Recurring financial charges | 65 | €3,818 | €4,436 | +€617 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €54,205 | €892 | -€53,314 | -98.4% |
| Income taxes | 67/77 | €17,213 | €600 | -€16,613 | -96.5% |
| Profit (loss) for the period | 9904 | €36,992 | €292 | -€36,701 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,992 | €292 | -€36,701 | -99.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.