JoLo: what changed
Two fiscal 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.
JoLo
Largest movements
- Cash +€19,807
up €19,807 (+81.7%), from €24,240 to €44,047
mainly Net result for the year (+€38,618) and Depreciation (+€17,359)
- Tangible fixed assets -€11,394
down €11,394 (-2.0%), from €565,378 to €553,985
of which Land and buildings: -€10,666
- Receivables within one year +€11,110
up €11,110 (+58.0%), from €19,142 to €30,251
of which Other amounts receivable: +€10,401
- Debts after one year -€33,165
down €33,165 (-5.8%), from €567,248 to €534,083
of which Financial debts: -€33,165
- Profit (loss) carried forward +€28,191
up €28,191, from -€28,191 to €0
- Tax, wage and social debts +€11,687
up €11,687 (+97.7%), from €11,966 to €23,653
of which Taxes: +€11,687
- Other debts +€8,154
up €8,154 (+29.9%), from €27,273 to €35,427
- Gross operating margin +€41,892
up €41,892 (+69.8%), from €60,059 to €101,951
- Write-downs -€37,500
down €37,500 (-100.0%), from €37,500 to €0
- Taxes +€10,915
up €10,915 (+7035.9%), from €155 to €11,071
- Other operating charges +€8,233
up €8,233 (+289.0%), from €2,849 to €11,082
- Staff costs +€7,071
up €7,071 (+170.3%), from €4,151 to €11,222
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 | €615,904 | €635,038 | +€19,134 | +3.1% |
| Fixed assets | 21/28 | €567,878 | €556,485 | -€11,394 | -2.0% |
| Tangible fixed assets | 22/27 | €565,378 | €553,985 | -€11,394 | -2.0% |
| Land and buildings | 22 | €558,876 | €548,210 | -€10,666 | -1.9% |
| Furniture and vehicles | 24 | €6,502 | €5,775 | -€727 | -11.2% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €48,026 | €78,553 | +€30,528 | +63.6% |
| Amounts receivable within one year | 40/41 | €19,142 | €30,251 | +€11,110 | +58.0% |
| Trade receivables | 40 | €16,407 | €17,116 | +€709 | +4.3% |
| Other amounts receivable | 41 | €2,735 | €13,135 | +€10,401 | +380.3% |
| Cash at bank and in hand | 54/58 | €24,240 | €44,047 | +€19,807 | +81.7% |
| Deferred charges and accrued income | 490/1 | €4,645 | €4,255 | -€389 | -8.4% |
| Total equity and liabilities | 10/49 | €615,904 | €635,038 | +€19,134 | +3.1% |
| Equity | 10/15 | -€23,191 | €5,000 | +€28,191 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,191 | €0 | +€28,191 | |
| Amounts payable | 17/49 | €639,095 | €630,038 | -€9,058 | -1.4% |
| Amounts payable after more than one year | 17 | €567,248 | €534,083 | -€33,165 | -5.8% |
| Financial debts | 170/4 | €556,848 | €523,683 | -€33,165 | -6.0% |
| Other amounts payable | 178/9 | €10,400 | €10,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €71,848 | €95,955 | +€24,108 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €31,423 | €33,165 | +€1,743 | +5.5% |
| Trade debts | 44 | €1,186 | €3,710 | +€2,524 | +212.9% |
| Suppliers | 440/4 | €1,186 | €3,710 | +€2,524 | +212.9% |
| Taxes, remuneration and social security | 45 | €11,966 | €23,653 | +€11,687 | +97.7% |
| Taxes | 450/3 | €11,966 | €23,653 | +€11,687 | +97.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €27,273 | €35,427 | +€8,154 | +29.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €4,151 | €11,222 | +€7,071 | +170.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,497 | €17,359 | +€862 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €37,500 | €0 | -€37,500 | -100.0% |
| Other operating charges | 640/8 | €2,849 | €11,082 | +€8,233 | +289.0% |
| Gross operating margin | 9900 | €60,059 | €101,951 | +€41,892 | +69.8% |
| Operating profit (loss) | 9901 | -€938 | €62,288 | +€63,226 | |
| Financial income | 75/76B | €0 | €33 | +€33 | |
| Recurring financial income | 75 | €0 | €33 | +€33 | |
| Financial charges | 65/66B | €11,748 | €12,632 | +€885 | +7.5% |
| Recurring financial charges | 65 | €11,748 | €12,632 | +€885 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,686 | €49,689 | +€62,374 | |
| Income taxes | 67/77 | €155 | €11,071 | +€10,915 | +7035.9% |
| Profit (loss) for the period | 9904 | -€12,841 | €38,618 | +€51,459 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,841 | €38,618 | +€51,459 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.