JALOHA: 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.
JALOHA
Largest movements
- Tangible fixed assets +€129,143
up €129,143 (+1,716%), from €7,526 to €136,668
of which Other tangible fixed assets: +€130,307
- Receivables within one year +€31,621
up €31,621 (+294%), from €10,766 to €42,387
of which Trade receivables: +€35,019
- Deferred charges and accrued income -€27,875
down €27,875 (-100%), from €27,875 to €0
- Cash -€19,764
down €19,764 (-25.5%), from €77,478 to €57,714
mainly Investment in fixed assets (net) (-€136,008) and Receivables within one year (-€31,621)
- Debts after one year +€108,720
new in 2025: €108,720
- Reserves -€11,834
down €11,834 (-12.3%), from €96,111 to €84,278
of which Distributable reserves: -€10,076
- Trade debts +€9,268
up €9,268 (+282%), from €3,281 to €12,550
- Current portion of long-term debt +€6,249
new in 2025: €6,249
- Tax, wage and social debts +€3,546
new in 2025: €3,546
of which Taxes: +€3,111
- Depreciation +€5,520
up €5,520 (+410%), from €1,346 to €6,866
- Gross operating margin +€3,144
up €3,144 (+30.6%), from €10,261 to €13,404
- Financial charges +€2,572
up €2,572 (+279%), from €921 to €3,494
- Taxes -€1,576
down €1,576 (-51.4%), from €3,068 to €1,492
- Other operating charges -€309
down €309 (-23.4%), from €1,320 to €1,011
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 | €123,669 | €236,794 | +€113,125 | +91.5% |
| Fixed assets | 21/28 | €7,551 | €136,693 | +€129,143 | +1,710% |
| Tangible fixed assets | 22/27 | €7,526 | €136,668 | +€129,143 | +1,716% |
| Plant, machinery and equipment | 23 | €3,764 | €2,600 | -€1,164 | -30.9% |
| Other tangible fixed assets | 26 | €3,762 | €134,068 | +€130,307 | +3,464% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €116,119 | €100,101 | -€16,018 | -13.8% |
| Amounts receivable within one year | 40/41 | €10,766 | €42,387 | +€31,621 | +294% |
| Trade receivables | 40 | €6,361 | €41,379 | +€35,019 | +551% |
| Other amounts receivable | 41 | €4,405 | €1,008 | -€3,398 | -77.1% |
| Cash at bank and in hand | 54/58 | €77,478 | €57,714 | -€19,764 | -25.5% |
| Deferred charges and accrued income | 490/1 | €27,875 | €0 | -€27,875 | -100% |
| Total equity and liabilities | 10/49 | €123,669 | €236,794 | +€113,125 | +91.5% |
| Equity | 10/15 | €114,703 | €102,870 | -€11,834 | -10.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €96,111 | €84,278 | -€11,834 | -12.3% |
| Non-distributable reserves | 130/1 | €1,758 | €0 | -€1,758 | -100% |
| Reserves not available under the articles | 1311 | €1,758 | €0 | -€1,758 | -100% |
| Distributable reserves | 133 | €94,354 | €84,278 | -€10,076 | -10.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,966 | €133,924 | +€124,958 | +1,394% |
| Amounts payable after more than one year | 17 | - | €108,720 | +€108,720 | |
| Financial debts | 170/4 | - | €108,720 | +€108,720 | |
| Amounts payable within one year | 42/48 | €8,966 | €25,204 | +€16,238 | +181% |
| Current portion of amounts payable after more than one year | 42 | - | €6,249 | +€6,249 | |
| Trade debts | 44 | €3,281 | €12,550 | +€9,268 | +282% |
| Suppliers | 440/4 | €3,281 | €12,550 | +€9,268 | +282% |
| Taxes, remuneration and social security | 45 | - | €3,546 | +€3,546 | |
| Taxes | 450/3 | - | €3,111 | +€3,111 | |
| Remuneration and social security | 454/9 | - | €435 | +€435 | |
| Other amounts payable | 47/48 | €5,684 | €2,859 | -€2,826 | -49.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,346 | €6,866 | +€5,520 | +410% |
| Other operating charges | 640/8 | €1,320 | €1,011 | -€309 | -23.4% |
| Gross operating margin | 9900 | €10,261 | €13,404 | +€3,144 | +30.6% |
| Operating profit (loss) | 9901 | €7,595 | €5,527 | -€2,068 | -27.2% |
| Financial income | 75/76B | €120 | €0 | -€120 | -100% |
| Recurring financial income | 75 | €120 | €0 | -€120 | -100% |
| Financial charges | 65/66B | €921 | €3,494 | +€2,572 | +279% |
| Recurring financial charges | 65 | €921 | €3,494 | +€2,572 | +279% |
| Profit (loss) for the period before taxes | 9903 | €6,793 | €2,034 | -€4,759 | -70.1% |
| Income taxes | 67/77 | €3,068 | €1,492 | -€1,576 | -51.4% |
| Profit (loss) for the period | 9904 | €3,725 | €541 | -€3,184 | -85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,725 | €541 | -€3,184 | -85.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.