SDF JOLIE: 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.
SDF JOLIE
Largest movements
- Tangible fixed assets +€17,340
up €17,340 (+88.7%), from €19,548 to €36,888
of which Plant, machinery and equipment: +€12,826
- Receivables within one year +€7,878
up €7,878 (+46.9%), from €16,800 to €24,678
of which Other amounts receivable: +€6,710
- Stocks and contracts +€2,804
up €2,804 (+44.1%), from €6,360 to €9,164
- Deferred charges and accrued income -€1,096
down €1,096 (-100%), from €1,096 to €0
- Tax, wage and social debts +€44,093
up €44,093 (+191%), from €23,130 to €67,223
of which Taxes: +€31,537
- Current portion of long-term debt +€33,255
up €33,255 (+638%), from €5,213 to €38,468
- Trade debts -€20,751
down €20,751 (-20.3%), from €102,330 to €81,579
- Profit (loss) carried forward -€19,922
down €19,922 (-12.2%), from -€163,331 to -€183,253
- Accrued charges and deferred income -€6,334
down €6,334 (-100%), from €6,334 to €0
- Financial charges -€52,821
down €52,821 (-81.9%), from €64,533 to €11,711
of which Non-recurring financial charges: -€56,110
- Staff costs +€50,544
up €50,544 (+34.2%), from €147,590 to €198,135
- Gross operating margin +€40,954
up €40,954 (+23.3%), from €175,596 to €216,550
- Other operating charges -€5,628
down €5,628 (-62.6%), from €8,987 to €3,359
- Depreciation +€3,308
up €3,308 (+16.6%), from €19,985 to €23,293
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,013 | €104,026 | +€25,014 | +31.7% |
| Fixed assets | 21/28 | €46,574 | €62,973 | +€16,398 | +35.2% |
| Intangible fixed assets | 21 | €22,167 | €21,225 | -€942 | -4.2% |
| Tangible fixed assets | 22/27 | €19,548 | €36,888 | +€17,340 | +88.7% |
| Plant, machinery and equipment | 23 | €17,611 | €30,437 | +€12,826 | +72.8% |
| Furniture and vehicles | 24 | €1,937 | €6,451 | +€4,514 | +233% |
| Financial fixed assets | 28 | €4,860 | €4,860 | = | 0.0% |
| Current assets | 29/58 | €32,438 | €41,054 | +€8,616 | +26.6% |
| Stocks and contracts in progress | 3 | €6,360 | €9,164 | +€2,804 | +44.1% |
| Stocks | 30/36 | €6,360 | €9,164 | +€2,804 | +44.1% |
| Amounts receivable within one year | 40/41 | €16,800 | €24,678 | +€7,878 | +46.9% |
| Trade receivables | 40 | €1,800 | €2,968 | +€1,168 | +64.9% |
| Other amounts receivable | 41 | €15,000 | €21,710 | +€6,710 | +44.7% |
| Cash at bank and in hand | 54/58 | €8,182 | €7,212 | -€970 | -11.9% |
| Deferred charges and accrued income | 490/1 | €1,096 | €0 | -€1,096 | -100% |
| Total equity and liabilities | 10/49 | €79,013 | €104,026 | +€25,014 | +31.7% |
| Equity | 10/15 | -€63,331 | -€83,253 | -€19,922 | -31.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,331 | -€183,253 | -€19,922 | -12.2% |
| Amounts payable | 17/49 | €142,343 | €187,279 | +€44,936 | +31.6% |
| Amounts payable after more than one year | 17 | €4,618 | €0 | -€4,618 | -100% |
| Financial debts | 170/4 | €4,618 | €0 | -€4,618 | -100% |
| Amounts payable within one year | 42/48 | €131,392 | €187,279 | +€55,887 | +42.5% |
| Current portion of amounts payable after more than one year | 42 | €5,213 | €38,468 | +€33,255 | +638% |
| Financial debts | 43 | €497 | €9 | -€487 | -98.1% |
| Credit institutions | 430/8 | €497 | €9 | -€487 | -98.1% |
| Trade debts | 44 | €102,330 | €81,579 | -€20,751 | -20.3% |
| Suppliers | 440/4 | €102,330 | €81,579 | -€20,751 | -20.3% |
| Advances received on contracts in progress | 46 | €200 | €0 | -€200 | -100% |
| Taxes, remuneration and social security | 45 | €23,130 | €67,223 | +€44,093 | +191% |
| Taxes | 450/3 | €9,743 | €41,280 | +€31,537 | +324% |
| Remuneration and social security | 454/9 | €13,387 | €25,943 | +€12,556 | +93.8% |
| Other amounts payable | 47/48 | €23 | €0 | -€23 | -100% |
| Accrued charges and deferred income | 492/3 | €6,334 | €0 | -€6,334 | -100% |
| Remuneration, social security and pensions | 62 | €147,590 | €198,135 | +€50,544 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,985 | €23,293 | +€3,308 | +16.6% |
| Other operating charges | 640/8 | €8,987 | €3,359 | -€5,628 | -62.6% |
| Gross operating margin | 9900 | €175,596 | €216,550 | +€40,954 | +23.3% |
| Operating profit (loss) | 9901 | -€967 | -€8,237 | -€7,270 | -752% |
| Financial income | 75/76B | €1 | €182 | +€180 | +12,438% |
| Recurring financial income | 75 | €1 | €182 | +€180 | +12,438% |
| Financial charges | 65/66B | €64,533 | €11,711 | -€52,821 | -81.9% |
| Recurring financial charges | 65 | €8,423 | €11,711 | +€3,289 | +39.0% |
| Non-recurring financial charges | 66B | €56,110 | €0 | -€56,110 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€65,498 | -€19,766 | +€45,732 | +69.8% |
| Income taxes | 67/77 | - | €156 | +€156 | |
| Profit (loss) for the period | 9904 | -€65,498 | -€19,922 | +€45,576 | +69.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,498 | -€19,922 | +€45,576 | +69.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.