JOLUM: 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.
JOLUM
Largest movements
- Cash +€50,291
up €50,291 (+1061.6%), from €4,737 to €55,028
mainly Current investments (+€49,938) and Net result for the year (+€47,004)
- Current investments -€49,938
down €49,938 (-63.3%), from €78,894 to €28,956
- Receivables within one year -€5,484
down €5,484 (-53.8%), from €10,202 to €4,718
- Tangible fixed assets -€5,164
down €5,164 (-23.1%), from €22,376 to €17,212
- Reserves -€11,794
down €11,794 (-6.3%), from €186,482 to €174,688
- Tax, wage and social debts +€1,988
up €1,988 (+24.8%), from €8,007 to €9,995
- Gross operating margin -€11,057
down €11,057 (-12.0%), from €92,327 to €81,270
- Depreciation +€1,722
up €1,722 (+50.0%), from €3,442 to €5,164
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,209 | €185,914 | -€10,295 | -5.2% |
| Fixed assets | 21/28 | €22,376 | €17,212 | -€5,164 | -23.1% |
| Tangible fixed assets | 22/27 | €22,376 | €17,212 | -€5,164 | -23.1% |
| Furniture and vehicles | 24 | €22,376 | €17,212 | -€5,164 | -23.1% |
| Current assets | 29/58 | €173,833 | €168,702 | -€5,131 | -3.0% |
| Amounts receivable after more than one year | 29 | €80,000 | €80,000 | = | 0.0% |
| Other amounts receivable | 291 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,202 | €4,718 | -€5,484 | -53.8% |
| Trade receivables | 40 | €10,202 | €4,718 | -€5,484 | -53.8% |
| Current investments | 50/53 | €78,894 | €28,956 | -€49,938 | -63.3% |
| Cash at bank and in hand | 54/58 | €4,737 | €55,028 | +€50,291 | +1061.6% |
| Total equity and liabilities | 10/49 | €196,209 | €185,914 | -€10,295 | -5.2% |
| Equity | 10/15 | €187,482 | €175,688 | -€11,794 | -6.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €186,482 | €174,688 | -€11,794 | -6.3% |
| Distributable reserves | 133 | €186,482 | €174,688 | -€11,794 | -6.3% |
| Amounts payable | 17/49 | €8,727 | €10,226 | +€1,499 | +17.2% |
| Amounts payable within one year | 42/48 | €8,727 | €10,226 | +€1,499 | +17.2% |
| Trade debts | 44 | €720 | €231 | -€489 | -67.9% |
| Suppliers | 440/4 | €720 | €231 | -€489 | -67.9% |
| Taxes, remuneration and social security | 45 | €8,007 | €9,995 | +€1,988 | +24.8% |
| Taxes | 450/3 | €8,007 | €9,995 | +€1,988 | +24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,442 | €5,164 | +€1,722 | +50.0% |
| Other operating charges | 640/8 | €1,160 | €835 | -€325 | -28.0% |
| Gross operating margin | 9900 | €92,327 | €81,270 | -€11,057 | -12.0% |
| Operating profit (loss) | 9901 | €87,725 | €75,271 | -€12,454 | -14.2% |
| Financial income | 75/76B | €3,027 | €2,280 | -€747 | -24.7% |
| Recurring financial income | 75 | €3,027 | €2,280 | -€747 | -24.7% |
| Financial charges | 65/66B | €13,017 | €12,224 | -€793 | -6.1% |
| Recurring financial charges | 65 | €13,017 | €12,224 | -€793 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €77,736 | €65,327 | -€12,409 | -16.0% |
| Income taxes | 67/77 | €18,937 | €18,323 | -€614 | -3.2% |
| Profit (loss) for the period | 9904 | €58,798 | €47,004 | -€11,794 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,798 | €47,004 | -€11,794 | -20.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.