JORLA: 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.
JORLA
Largest movements
- Financial fixed assets -€90,484
down €90,484 (-2.1%), from €4.3m to €4.3m
- Other debts -€125,677
down €125,677 (-54.7%), from €229,593 to €103,917
- Financial income -€4,384
down €4,384 (-42.3%), from €10,365 to €5,981
- Other operating charges -€3,524
down €3,524 (-75.4%), from €4,675 to €1,151
- Gross operating margin -€995
down €995 (-56.5%), from -€1,763 to -€2,758
- Financial charges +€109
up €109 (+104.9%), from €104 to €213
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 | €4,542,723 | €4,420,473 | -€122,251 | -2.7% |
| Fixed assets | 21/28 | €4,360,831 | €4,269,993 | -€90,838 | -2.1% |
| Tangible fixed assets | 22/27 | €10,847 | €10,492 | -€354 | -3.3% |
| Land and buildings | 22 | €10,847 | €10,492 | -€354 | -3.3% |
| Financial fixed assets | 28 | €4,349,984 | €4,259,500 | -€90,484 | -2.1% |
| Current assets | 29/58 | €181,893 | €150,480 | -€31,413 | -17.3% |
| Amounts receivable within one year | 40/41 | €137,805 | €99,425 | -€38,380 | -27.9% |
| Other amounts receivable | 41 | €137,805 | €99,425 | -€38,380 | -27.9% |
| Cash at bank and in hand | 54/58 | €38,417 | €45,384 | +€6,967 | +18.1% |
| Deferred charges and accrued income | 490/1 | €5,671 | €5,671 | = | 0.0% |
| Total equity and liabilities | 10/49 | €4,542,723 | €4,420,473 | -€122,251 | -2.7% |
| Equity | 10/15 | -€203,097 | -€201,591 | +€1,506 | +0.7% |
| Contributions | 10/11 | €16,500 | €16,500 | = | 0.0% |
| Reserves | 13 | €236 | €236 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €150 | €150 | = | 0.0% |
| Tax-exempt reserves | 132 | €86 | €86 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€219,833 | -€218,327 | +€1,506 | +0.7% |
| Amounts payable | 17/49 | €4,745,820 | €4,622,064 | -€123,756 | -2.6% |
| Amounts payable after more than one year | 17 | €4,515,514 | €4,515,514 | = | 0.0% |
| Financial debts | 170/4 | €4,515,500 | €4,515,500 | = | 0.0% |
| Other amounts payable | 178/9 | €14 | €14 | = | 0.0% |
| Amounts payable within one year | 42/48 | €230,307 | €106,550 | -€123,756 | -53.7% |
| Trade debts | 44 | €694 | €2,634 | +€1,939 | +279.3% |
| Suppliers | 440/4 | €694 | €2,634 | +€1,939 | +279.3% |
| Taxes, remuneration and social security | 45 | €19 | - | -€19 | |
| Taxes | 450/3 | €19 | - | -€19 | |
| Other amounts payable | 47/48 | €229,593 | €103,917 | -€125,677 | -54.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €354 | €354 | = | 0.0% |
| Other operating charges | 640/8 | €4,675 | €1,151 | -€3,524 | -75.4% |
| Gross operating margin | 9900 | -€1,763 | -€2,758 | -€995 | -56.5% |
| Operating profit (loss) | 9901 | -€6,792 | -€4,263 | +€2,529 | +37.2% |
| Financial income | 75/76B | €10,365 | €5,981 | -€4,384 | -42.3% |
| Recurring financial income | 75 | €10,365 | €5,981 | -€4,384 | -42.3% |
| Financial charges | 65/66B | €104 | €213 | +€109 | +104.9% |
| Recurring financial charges | 65 | €104 | €213 | +€109 | +104.9% |
| Profit (loss) for the period before taxes | 9903 | €3,469 | €1,506 | -€1,964 | -56.6% |
| Profit (loss) for the period | 9904 | €3,469 | €1,506 | -€1,964 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,469 | €1,506 | -€1,964 | -56.6% |
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.