JOLUMA 8: 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.
JOLUMA 8
Largest movements
- Tangible fixed assets +€25,480
up €25,480 (+18.8%), from €135,237 to €160,716
of which Other tangible fixed assets: +€31,547
- Receivables within one year -€22,376
down €22,376 (-31.0%), from €72,077 to €49,701
of which Other amounts receivable: -€20,220
- Other debts -€22,095
down €22,095 (-51.7%), from €42,756 to €20,661
- Debts after one year +€15,847
up €15,847 (+16.0%), from €98,833 to €114,680
- Current portion of long-term debt +€5,648
up €5,648 (+78.8%), from €7,166 to €12,813
- Profit (loss) carried forward +€2,726
up €2,726 (+7.3%), from €37,591 to €40,316
- Gross operating margin -€38,729
down €38,729 (-58.8%), from €65,842 to €27,113
- Turnover -€34,633
down €34,633 (-40.3%), from €85,961 to €51,329
- Taxes -€8,663
down €8,663 (-81.0%), from €10,697 to €2,034
- Purchases and services +€4,096
up €4,096 (+20.4%), from €20,119 to €24,215
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 | €207,561 | €211,522 | +€3,961 | +1.9% |
| Fixed assets | 21/28 | €135,237 | €160,716 | +€25,480 | +18.8% |
| Tangible fixed assets | 22/27 | €135,237 | €160,716 | +€25,480 | +18.8% |
| Land and buildings | 22 | €135,237 | €129,169 | -€6,067 | -4.5% |
| Other tangible fixed assets | 26 | - | €31,547 | +€31,547 | |
| Current assets | 29/58 | €72,324 | €50,806 | -€21,518 | -29.8% |
| Amounts receivable within one year | 40/41 | €72,077 | €49,701 | -€22,376 | -31.0% |
| Trade receivables | 40 | €2,156 | - | -€2,156 | |
| Other amounts receivable | 41 | €69,921 | €49,701 | -€20,220 | -28.9% |
| Cash at bank and in hand | 54/58 | €247 | €72 | -€175 | -70.9% |
| Deferred charges and accrued income | 490/1 | - | €1,033 | +€1,033 | |
| Total equity and liabilities | 10/49 | €207,561 | €211,522 | +€3,961 | +1.9% |
| Equity | 10/15 | €37,591 | €40,316 | +€2,726 | +7.3% |
| Profit (loss) carried forward | 14 | €37,591 | €40,316 | +€2,726 | +7.3% |
| Amounts payable | 17/49 | €169,970 | €171,206 | +€1,236 | +0.7% |
| Amounts payable after more than one year | 17 | €98,833 | €114,680 | +€15,847 | +16.0% |
| Financial debts | 170/4 | €98,833 | €114,680 | +€15,847 | +16.0% |
| Amounts payable within one year | 42/48 | €70,957 | €56,349 | -€14,608 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €7,166 | €12,813 | +€5,648 | +78.8% |
| Financial debts | 43 | €3,710 | €4,972 | +€1,261 | +34.0% |
| Credit institutions | 430/8 | €3,710 | €4,972 | +€1,261 | +34.0% |
| Trade debts | 44 | €3,325 | €2,745 | -€580 | -17.4% |
| Suppliers | 440/4 | €3,325 | €2,745 | -€580 | -17.4% |
| Taxes, remuneration and social security | 45 | €14,000 | €15,158 | +€1,158 | +8.3% |
| Taxes | 450/3 | €14,000 | €15,158 | +€1,158 | +8.3% |
| Other amounts payable | 47/48 | €42,756 | €20,661 | -€22,095 | -51.7% |
| Accrued charges and deferred income | 492/3 | €180 | €177 | -€3 | -1.5% |
| Turnover | 70 | €85,961 | €51,329 | -€34,633 | -40.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,119 | €24,215 | +€4,096 | +20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,987 | €7,728 | +€740 | +10.6% |
| Other operating charges | 640/8 | €2,672 | €1,941 | -€731 | -27.3% |
| Gross operating margin | 9900 | €65,842 | €27,113 | -€38,729 | -58.8% |
| Operating profit (loss) | 9901 | €56,183 | €17,444 | -€38,738 | -69.0% |
| Financial income | 75/76B | €1,855 | €1,242 | -€613 | -33.1% |
| Recurring financial income | 75 | €1,855 | €1,242 | -€613 | -33.1% |
| Financial charges | 65/66B | €3,821 | €3,927 | +€106 | +2.8% |
| Recurring financial charges | 65 | €3,821 | €3,927 | +€106 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €54,217 | €14,759 | -€39,457 | -72.8% |
| Income taxes | 67/77 | €10,697 | €2,034 | -€8,663 | -81.0% |
| Profit (loss) for the period | 9904 | €43,520 | €12,726 | -€30,794 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,520 | €12,726 | -€30,794 | -70.8% |
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 18 October 2026 via checked.be.