JOULOUMO: 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.
JOULOUMO
Largest movements
- Tangible fixed assets -€101,290
down €101,290 (-45.9%), from €220,590 to €119,300
of which Leasing and similar rights: -€87,603
- Receivables within one year +€31,719
up €31,719 (+77.2%), from €41,104 to €72,823
of which Trade receivables: +€18,150
- Cash -€15,733
down €15,733 (-12.0%), from €130,897 to €115,164
mainly Debts after one year (-€54,401) and Receivables within one year (-€31,719)
- Debts after one year -€54,401
down €54,401 (-63.5%), from €85,628 to €31,226
- Current portion of long-term debt -€26,664
down €26,664 (-66.0%), from €40,371 to €13,708
- Tax, wage and social debts -€6,618
down €6,618 (-9.1%), from €72,936 to €66,318
of which Taxes: -€9,968
- Gross operating margin -€83,621
down €83,621 (-48.1%), from €173,781 to €90,160
- Taxes -€27,050
down €27,050 (-73.6%), from €36,757 to €9,707
- Financial charges +€27,024
up €27,024 (+392.6%), from €6,883 to €33,906
of which Non-recurring financial charges: +€29,181
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 | €399,830 | €311,492 | -€88,337 | -22.1% |
| Fixed assets | 21/28 | €220,590 | €119,300 | -€101,290 | -45.9% |
| Tangible fixed assets | 22/27 | €220,590 | €119,300 | -€101,290 | -45.9% |
| Plant, machinery and equipment | 23 | €46,111 | €33,031 | -€13,080 | -28.4% |
| Furniture and vehicles | 24 | €39,263 | €38,656 | -€606 | -1.5% |
| Leasing and similar rights | 25 | €135,216 | €47,613 | -€87,603 | -64.8% |
| Current assets | 29/58 | €179,240 | €192,192 | +€12,952 | +7.2% |
| Amounts receivable within one year | 40/41 | €41,104 | €72,823 | +€31,719 | +77.2% |
| Trade receivables | 40 | - | €18,150 | +€18,150 | |
| Other amounts receivable | 41 | €41,104 | €54,673 | +€13,569 | +33.0% |
| Cash at bank and in hand | 54/58 | €130,897 | €115,164 | -€15,733 | -12.0% |
| Deferred charges and accrued income | 490/1 | €7,239 | €4,205 | -€3,034 | -41.9% |
| Total equity and liabilities | 10/49 | €399,830 | €311,492 | -€88,337 | -22.1% |
| Equity | 10/15 | €197,068 | €198,738 | +€1,670 | +0.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €192,068 | €193,738 | +€1,670 | +0.9% |
| Distributable reserves | 133 | €192,068 | €193,738 | +€1,670 | +0.9% |
| Amounts payable | 17/49 | €202,761 | €112,754 | -€90,007 | -44.4% |
| Amounts payable after more than one year | 17 | €85,628 | €31,226 | -€54,401 | -63.5% |
| Financial debts | 170/4 | €85,628 | €31,226 | -€54,401 | -63.5% |
| Amounts payable within one year | 42/48 | €116,309 | €81,518 | -€34,791 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €40,371 | €13,708 | -€26,664 | -66.0% |
| Trade debts | 44 | €3,001 | €1,492 | -€1,509 | -50.3% |
| Suppliers | 440/4 | €3,001 | €1,492 | -€1,509 | -50.3% |
| Taxes, remuneration and social security | 45 | €72,936 | €66,318 | -€6,618 | -9.1% |
| Taxes | 450/3 | €72,936 | €62,968 | -€9,968 | -13.7% |
| Remuneration and social security | 454/9 | - | €3,350 | +€3,350 | |
| Accrued charges and deferred income | 492/3 | €825 | €10 | -€815 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,642 | €36,010 | +€369 | +1.0% |
| Other operating charges | 640/8 | €11,887 | €11,458 | -€429 | -3.6% |
| Gross operating margin | 9900 | €173,781 | €90,160 | -€83,621 | -48.1% |
| Operating profit (loss) | 9901 | €126,252 | €42,692 | -€83,560 | -66.2% |
| Financial income | 75/76B | €3,514 | €2,591 | -€922 | -26.2% |
| Recurring financial income | 75 | €3,514 | €2,591 | -€922 | -26.2% |
| Financial charges | 65/66B | €6,883 | €33,906 | +€27,024 | +392.6% |
| Recurring financial charges | 65 | €6,883 | €4,726 | -€2,157 | -31.3% |
| Non-recurring financial charges | 66B | - | €29,181 | +€29,181 | |
| Profit (loss) for the period before taxes | 9903 | €122,883 | €11,377 | -€111,506 | -90.7% |
| Income taxes | 67/77 | €36,757 | €9,707 | -€27,050 | -73.6% |
| Profit (loss) for the period | 9904 | €86,126 | €1,670 | -€84,456 | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €86,126 | €1,670 | -€84,456 | -98.1% |
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 5 October 2026 via checked.be.