DE SJOKOLA: what changed
DE SJOKOLA
Largest movements
- Receivables within one year +€33,318
up €33,318 (+196%), from €17,029 to €50,346
of which Other amounts receivable: +€31,375
- Cash -€23,778
down €23,778 (-41.3%), from €57,637 to €33,860
mainly Receivables within one year (-€33,318) and Debts after one year (-€12,567)
- Tangible fixed assets -€11,461
down €11,461 (-8.3%), from €137,832 to €126,371
of which Plant, machinery and equipment: -€5,986
- Stocks and contracts +€4,208
up €4,208 (+41.6%), from €10,123 to €14,332
- Intangible fixed assets +€3,906
new in 2025: €3,906
- Trade debts +€15,142
up €15,142 (+503%), from €3,010 to €18,152
- Debts after one year -€12,567
down €12,567 (-32.6%), from €38,583 to €26,016
- Tax, wage and social debts +€4,658
up €4,658 (+66.9%), from €6,965 to €11,623
of which Remuneration and social security: +€5,114
- Reserves +€3,330
up €3,330 (+2.6%), from €127,699 to €131,029
of which Distributable reserves: +€3,330
- Gross operating margin -€20,797
down €20,797 (-18.9%), from €109,897 to €89,100
- Staff costs -€15,150
down €15,150 (-19.2%), from €78,903 to €63,753
- Financial charges -€1,140
down €1,140 (-17.7%), from €6,427 to €5,287
- Financial income +€1,110
up €1,110, from €0 to €1,110
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,621 | €231,393 | +€8,772 | +3.9% |
| Fixed assets | 21/28 | €137,832 | €130,276 | -€7,556 | -5.5% |
| Intangible fixed assets | 21 | - | €3,906 | +€3,906 | |
| Tangible fixed assets | 22/27 | €137,832 | €126,371 | -€11,461 | -8.3% |
| Land and buildings | 22 | €110,814 | €105,552 | -€5,262 | -4.7% |
| Plant, machinery and equipment | 23 | €26,804 | €20,819 | -€5,986 | -22.3% |
| Furniture and vehicles | 24 | €214 | €0 | -€214 | -100% |
| Current assets | 29/58 | €84,789 | €101,116 | +€16,327 | +19.3% |
| Stocks and contracts in progress | 3 | €10,123 | €14,332 | +€4,208 | +41.6% |
| Stocks | 30/36 | €10,123 | €14,332 | +€4,208 | +41.6% |
| Amounts receivable within one year | 40/41 | €17,029 | €50,346 | +€33,318 | +196% |
| Trade receivables | 40 | €385 | €2,328 | +€1,943 | +505% |
| Other amounts receivable | 41 | €16,644 | €48,019 | +€31,375 | +189% |
| Cash at bank and in hand | 54/58 | €57,637 | €33,860 | -€23,778 | -41.3% |
| Deferred charges and accrued income | 490/1 | €0 | €2,579 | +€2,579 | |
| Total equity and liabilities | 10/49 | €222,621 | €231,393 | +€8,772 | +3.9% |
| Equity | 10/15 | €157,302 | €160,632 | +€3,330 | +2.1% |
| Contributions | 10/11 | €29,603 | €29,603 | = | 0.0% |
| Reserves | 13 | €127,699 | €131,029 | +€3,330 | +2.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €127,699 | €131,029 | +€3,330 | +2.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,319 | €70,761 | +€5,441 | +8.3% |
| Amounts payable after more than one year | 17 | €38,583 | €26,016 | -€12,567 | -32.6% |
| Financial debts | 170/4 | €38,583 | €26,016 | -€12,567 | -32.6% |
| Amounts payable within one year | 42/48 | €26,417 | €44,745 | +€18,327 | +69.4% |
| Current portion of amounts payable after more than one year | 42 | €11,894 | €12,567 | +€673 | +5.7% |
| Financial debts | 43 | €1,550 | €1,396 | -€154 | -9.9% |
| Credit institutions | 430/8 | €1,550 | €1,396 | -€154 | -9.9% |
| Trade debts | 44 | €3,010 | €18,152 | +€15,142 | +503% |
| Suppliers | 440/4 | €3,010 | €18,152 | +€15,142 | +503% |
| Taxes, remuneration and social security | 45 | €6,965 | €11,623 | +€4,658 | +66.9% |
| Taxes | 450/3 | €456 | €0 | -€456 | -100% |
| Remuneration and social security | 454/9 | €6,509 | €11,623 | +€5,114 | +78.6% |
| Other amounts payable | 47/48 | €2,999 | €1,007 | -€1,992 | -66.4% |
| Accrued charges and deferred income | 492/3 | €319 | €0 | -€319 | -100% |
| Non-recurring operating income | 76A | €0 | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | €78,903 | €63,753 | -€15,150 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,831 | €11,841 | +€9 | +0.1% |
| Other operating charges | 640/8 | €2,746 | €2,731 | -€16 | -0.6% |
| Non-recurring operating charges | 66A | - | €79 | +€79 | |
| Gross operating margin | 9900 | €109,897 | €89,100 | -€20,797 | -18.9% |
| Operating profit (loss) | 9901 | €16,418 | €10,697 | -€5,721 | -34.8% |
| Financial income | 75/76B | €0 | €1,110 | +€1,110 | |
| Recurring financial income | 75 | €0 | €1,110 | +€1,110 | |
| Financial charges | 65/66B | €6,427 | €5,287 | -€1,140 | -17.7% |
| Recurring financial charges | 65 | €6,427 | €5,287 | -€1,140 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €9,991 | €6,520 | -€3,470 | -34.7% |
| Income taxes | 67/77 | €2,259 | €3,190 | +€931 | +41.2% |
| Profit (loss) for the period | 9904 | €7,732 | €3,330 | -€4,402 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,732 | €3,330 | -€4,402 | -56.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.