JOLV IMMO: 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.
JOLV IMMO
Largest movements
- Tangible fixed assets -€106,030
down €106,030 (-8.3%), from €1.3m to €1.2m
- Stocks and contracts -€44,816
down €44,816 (-8.2%), from €549,203 to €504,387
- Cash +€25,022
up €25,022 (+332.6%), from €7,523 to €32,545
mainly Depreciation (+€106,030) and Stocks and contracts (+€44,816)
- Profit (loss) carried forward -€82,193
down €82,193 (-20.1%), from -€408,024 to -€490,217
- Debts after one year -€81,770
down €81,770 (-7.1%), from €1.2m to €1.1m
of which Financial debts: -€77,485
- Other debts +€25,270
up €25,270 (+3.2%), from €779,660 to €804,930
- Write-downs -€52,600
down €52,600 (-100.0%), from €52,600 to €0
- Gross operating margin +€31,178
up €31,178 (+38.5%), from €81,030 to €112,208
- Other operating charges +€26,893
up €26,893 (+319.4%), from €8,421 to €35,313
- Financial charges +€10,261
up €10,261 (+24.0%), from €42,804 to €53,064
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 | €1,843,913 | €1,715,257 | -€128,656 | -7.0% |
| Fixed assets | 21/28 | €1,281,738 | €1,175,709 | -€106,030 | -8.3% |
| Tangible fixed assets | 22/27 | €1,281,738 | €1,175,709 | -€106,030 | -8.3% |
| Land and buildings | 22 | €1,281,738 | €1,175,709 | -€106,030 | -8.3% |
| Current assets | 29/58 | €562,174 | €539,548 | -€22,626 | -4.0% |
| Stocks and contracts in progress | 3 | €549,203 | €504,387 | -€44,816 | -8.2% |
| Stocks | 30/36 | €549,203 | €504,387 | -€44,816 | -8.2% |
| Amounts receivable within one year | 40/41 | €3,283 | €0 | -€3,283 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,283 | €0 | -€3,283 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,523 | €32,545 | +€25,022 | +332.6% |
| Deferred charges and accrued income | 490/1 | €2,165 | €2,617 | +€451 | +20.8% |
| Total equity and liabilities | 10/49 | €1,843,913 | €1,715,257 | -€128,656 | -7.0% |
| Equity | 10/15 | -€389,424 | -€471,617 | -€82,193 | -21.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€408,024 | -€490,217 | -€82,193 | -20.1% |
| Amounts payable | 17/49 | €2,233,337 | €2,186,874 | -€46,463 | -2.1% |
| Amounts payable after more than one year | 17 | €1,154,509 | €1,072,740 | -€81,770 | -7.1% |
| Financial debts | 170/4 | €1,141,704 | €1,064,220 | -€77,485 | -6.8% |
| Other amounts payable | 178/9 | €12,805 | €8,520 | -€4,285 | -33.5% |
| Amounts payable within one year | 42/48 | €1,077,199 | €1,111,434 | +€34,234 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €83,088 | €83,924 | +€835 | +1.0% |
| Financial debts | 43 | €206,633 | €198,179 | -€8,454 | -4.1% |
| Credit institutions | 430/8 | €206,633 | €198,179 | -€8,454 | -4.1% |
| Trade debts | 44 | €7,818 | €24,401 | +€16,583 | +212.1% |
| Suppliers | 440/4 | €7,818 | €24,401 | +€16,583 | +212.1% |
| Other amounts payable | 47/48 | €779,660 | €804,930 | +€25,270 | +3.2% |
| Accrued charges and deferred income | 492/3 | €1,628 | €2,701 | +€1,072 | +65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,030 | €106,030 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €52,600 | €0 | -€52,600 | -100.0% |
| Other operating charges | 640/8 | €8,421 | €35,313 | +€26,893 | +319.4% |
| Gross operating margin | 9900 | €81,030 | €112,208 | +€31,178 | +38.5% |
| Operating profit (loss) | 9901 | -€86,020 | -€29,136 | +€56,885 | +66.1% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €42,804 | €53,064 | +€10,261 | +24.0% |
| Recurring financial charges | 65 | €42,804 | €53,064 | +€10,261 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | -€128,824 | -€82,193 | +€46,631 | +36.2% |
| Profit (loss) for the period | 9904 | -€128,824 | -€82,193 | +€46,631 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€128,824 | -€82,193 | +€46,631 | +36.2% |
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 6 October 2026 via checked.be.