JOLLY SAILOR: 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.
JOLLY SAILOR
Largest movements
- Receivables within one year +€75,855
up €75,855 (+183%), from €41,476 to €117,331
of which Trade receivables: +€47,574
- Tangible fixed assets +€11,223
up €11,223 (+52.9%), from €21,233 to €32,456
- Accrued charges and deferred income +€40,339
new in 2025: €40,339
- Debts after one year +€22,198
new in 2025: €22,198
- Profit (loss) carried forward +€13,174
up €13,174 (+48.5%), from €27,163 to €40,337
- Tax, wage and social debts +€9,243
up €9,243 (+49.0%), from €18,869 to €28,112
of which Remuneration and social security: +€7,151
- Turnover +€64,817
up €64,817 (+23.6%), from €275,168 to €339,985
- Purchases and services +€42,573
up €42,573 (+22.1%), from €192,298 to €234,871
- Staff costs +€36,060
up €36,060 (+106%), from €34,162 to €70,222
- Gross operating margin +€22,244
up €22,244 (+26.8%), from €82,870 to €105,114
- Taxes -€9,693
down €9,693 (-88.4%), from €10,969 to €1,276
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 | €75,795 | €162,121 | +€86,326 | +114% |
| Fixed assets | 21/28 | €21,233 | €32,456 | +€11,223 | +52.9% |
| Tangible fixed assets | 22/27 | €21,233 | €32,456 | +€11,223 | +52.9% |
| Furniture and vehicles | 24 | €21,233 | €32,456 | +€11,223 | +52.9% |
| Current assets | 29/58 | €54,562 | €129,665 | +€75,102 | +138% |
| Stocks and contracts in progress | 3 | €9,260 | €9,260 | = | 0.0% |
| Stocks | 30/36 | €9,260 | €9,260 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,476 | €117,331 | +€75,855 | +183% |
| Trade receivables | 40 | €1,300 | €48,874 | +€47,574 | +3,660% |
| Other amounts receivable | 41 | €40,176 | €68,457 | +€28,281 | +70.4% |
| Cash at bank and in hand | 54/58 | €3,826 | €3,074 | -€752 | -19.7% |
| Total equity and liabilities | 10/49 | €75,795 | €162,121 | +€86,326 | +114% |
| Equity | 10/15 | €32,163 | €45,337 | +€13,174 | +41.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,163 | €40,337 | +€13,174 | +48.5% |
| Amounts payable | 17/49 | €43,632 | €116,784 | +€73,152 | +168% |
| Amounts payable after more than one year | 17 | - | €22,198 | +€22,198 | |
| Financial debts | 170/4 | - | €22,198 | +€22,198 | |
| Amounts payable within one year | 42/48 | €43,632 | €54,247 | +€10,615 | +24.3% |
| Trade debts | 44 | €24,763 | €26,135 | +€1,372 | +5.5% |
| Suppliers | 440/4 | €24,763 | €26,135 | +€1,372 | +5.5% |
| Taxes, remuneration and social security | 45 | €18,869 | €28,112 | +€9,243 | +49.0% |
| Taxes | 450/3 | €17,475 | €19,568 | +€2,092 | +12.0% |
| Remuneration and social security | 454/9 | €1,394 | €8,544 | +€7,151 | +513% |
| Accrued charges and deferred income | 492/3 | - | €40,339 | +€40,339 | |
| Turnover | 70 | €275,168 | €339,985 | +€64,817 | +23.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €192,298 | €234,871 | +€42,573 | +22.1% |
| Remuneration, social security and pensions | 62 | €34,162 | €70,222 | +€36,060 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,547 | €8,126 | +€2,579 | +46.5% |
| Other operating charges | 640/8 | €4,086 | €6,148 | +€2,062 | +50.5% |
| Gross operating margin | 9900 | €82,870 | €105,114 | +€22,244 | +26.8% |
| Operating profit (loss) | 9901 | €39,075 | €20,618 | -€18,458 | -47.2% |
| Financial income | 75/76B | €48 | €0 | -€48 | -100% |
| Recurring financial income | 75 | €48 | €0 | -€48 | -100% |
| Financial charges | 65/66B | €991 | €6,168 | +€5,177 | +522% |
| Recurring financial charges | 65 | €991 | €6,168 | +€5,177 | +522% |
| Profit (loss) for the period before taxes | 9903 | €38,132 | €14,450 | -€23,682 | -62.1% |
| Income taxes | 67/77 | €10,969 | €1,276 | -€9,693 | -88.4% |
| Profit (loss) for the period | 9904 | €27,163 | €13,174 | -€13,989 | -51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,163 | €13,174 | -€13,989 | -51.5% |
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 29 October 2026 via checked.be.