JOLT consult: 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.
JOLT consult
Largest movements
- Receivables within one year +€7,443
up €7,443 (+238.8%), from €3,116 to €10,560
of which Trade receivables: +€10,560
- Cash -€958
down €958 (-99.6%), from €961 to €3
mainly Net result for the year (-€33,221) and Receivables within one year (-€7,443)
- Tangible fixed assets -€894
down €894 (-41.2%), from €2,168 to €1,275
- Profit (loss) carried forward -€33,221
down €33,221 (-272.7%), from -€12,180 to -€45,401
- Debts after one year +€21,982
new in 2025: €21,982
- Other debts +€11,573
up €11,573 (+112.4%), from €10,293 to €21,866
- Tax, wage and social debts +€4,443
up €4,443 (+164.5%), from €2,700 to €7,143
- Trade debts +€816
up €816 (+188.5%), from €433 to €1,249
- Gross operating margin -€20,732
down €20,732 (-195.7%), from -€10,596 to -€31,329
- Financial charges +€782
up €782 (+3080.8%), from €25 to €807
- Other operating charges -€360
down €360 (-65.3%), from €552 to €192
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 | €6,245 | €11,838 | +€5,592 | +89.5% |
| Fixed assets | 21/28 | €2,168 | €1,275 | -€894 | -41.2% |
| Tangible fixed assets | 22/27 | €2,168 | €1,275 | -€894 | -41.2% |
| Plant, machinery and equipment | 23 | €2,168 | €1,275 | -€894 | -41.2% |
| Current assets | 29/58 | €4,077 | €10,563 | +€6,486 | +159.1% |
| Amounts receivable within one year | 40/41 | €3,116 | €10,560 | +€7,443 | +238.8% |
| Trade receivables | 40 | - | €10,560 | +€10,560 | |
| Other amounts receivable | 41 | €3,116 | - | -€3,116 | |
| Cash at bank and in hand | 54/58 | €961 | €3 | -€958 | -99.6% |
| Total equity and liabilities | 10/49 | €6,245 | €11,838 | +€5,592 | +89.5% |
| Equity | 10/15 | -€7,180 | -€40,401 | -€33,221 | -462.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,180 | -€45,401 | -€33,221 | -272.7% |
| Amounts payable | 17/49 | €13,426 | €52,239 | +€38,813 | +289.1% |
| Amounts payable after more than one year | 17 | - | €21,982 | +€21,982 | |
| Financial debts | 170/4 | - | €21,982 | +€21,982 | |
| Amounts payable within one year | 42/48 | €13,426 | €30,257 | +€16,831 | +125.4% |
| Trade debts | 44 | €433 | €1,249 | +€816 | +188.5% |
| Suppliers | 440/4 | €433 | €1,249 | +€816 | +188.5% |
| Taxes, remuneration and social security | 45 | €2,700 | €7,143 | +€4,443 | +164.5% |
| Taxes | 450/3 | €2,700 | €7,143 | +€4,443 | +164.5% |
| Other amounts payable | 47/48 | €10,293 | €21,866 | +€11,573 | +112.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €811 | €894 | +€83 | +10.2% |
| Other operating charges | 640/8 | €552 | €192 | -€360 | -65.3% |
| Gross operating margin | 9900 | -€10,596 | -€31,329 | -€20,732 | -195.7% |
| Operating profit (loss) | 9901 | -€11,959 | -€32,414 | -€20,455 | -171.0% |
| Financial charges | 65/66B | €25 | €807 | +€782 | +3080.8% |
| Recurring financial charges | 65 | €25 | €807 | +€782 | +3080.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,984 | -€33,221 | -€21,237 | -177.2% |
| Income taxes | 67/77 | €196 | - | -€196 | |
| Profit (loss) for the period | 9904 | -€12,180 | -€33,221 | -€21,041 | -172.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,180 | -€33,221 | -€21,041 | -172.7% |
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 3 October 2026 via checked.be.