GJO COMPANIES: what changed
GJO COMPANIES
Largest movements
- Cash +€9,707
up €9,707 (+76.4%), from €12,701 to €22,408
mainly Net result for the year (+€26,089) and Depreciation (+€2,713)
- Receivables within one year +€7,010
up €7,010 (+13.0%), from €53,951 to €60,962
of which Other amounts receivable: +€17,975
- Tangible fixed assets -€3,574
down €3,574 (-54.6%), from €6,544 to €2,970
- Deferred charges and accrued income -€1,164
down €1,164 (-62.3%), from €1,867 to €703
- Profit (loss) carried forward +€26,089
up €26,089 (+69.4%), from €37,568 to €63,657
- Other debts -€6,000
down €6,000 (-100%), from €6,000 to €0
- Current portion of long-term debt -€5,578
down €5,578 (-100%), from €5,578 to €0
- Tax, wage and social debts -€2,492
down €2,492 (-12.2%), from €20,450 to €17,957
of which Taxes: -€2,492
- Gross operating margin +€13,451
up €13,451 (+62.2%), from €21,613 to €35,064
- Taxes +€3,162
up €3,162 (+75.1%), from €4,212 to €7,374
- Depreciation -€3,106
down €3,106 (-53.4%), from €5,820 to €2,713
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 | €75,063 | €87,042 | +€11,979 | +16.0% |
| Fixed assets | 21/28 | €6,544 | €2,970 | -€3,574 | -54.6% |
| Tangible fixed assets | 22/27 | €6,544 | €2,970 | -€3,574 | -54.6% |
| Furniture and vehicles | 24 | €6,544 | €2,970 | -€3,574 | -54.6% |
| Current assets | 29/58 | €68,519 | €84,072 | +€15,553 | +22.7% |
| Amounts receivable within one year | 40/41 | €53,951 | €60,962 | +€7,010 | +13.0% |
| Trade receivables | 40 | €12,589 | €1,625 | -€10,965 | -87.1% |
| Other amounts receivable | 41 | €41,362 | €59,337 | +€17,975 | +43.5% |
| Cash at bank and in hand | 54/58 | €12,701 | €22,408 | +€9,707 | +76.4% |
| Deferred charges and accrued income | 490/1 | €1,867 | €703 | -€1,164 | -62.3% |
| Total equity and liabilities | 10/49 | €75,063 | €87,042 | +€11,979 | +16.0% |
| Equity | 10/15 | €40,568 | €66,657 | +€26,089 | +64.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,568 | €63,657 | +€26,089 | +69.4% |
| Amounts payable | 17/49 | €34,495 | €20,385 | -€14,110 | -40.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €34,465 | €20,385 | -€14,080 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €5,578 | €0 | -€5,578 | -100% |
| Trade debts | 44 | €2,437 | €2,428 | -€10 | -0.4% |
| Suppliers | 440/4 | €2,437 | €2,428 | -€10 | -0.4% |
| Taxes, remuneration and social security | 45 | €20,450 | €17,957 | -€2,492 | -12.2% |
| Taxes | 450/3 | €20,450 | €17,957 | -€2,492 | -12.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,000 | €0 | -€6,000 | -100% |
| Accrued charges and deferred income | 492/3 | €30 | €0 | -€30 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,820 | €2,713 | -€3,106 | -53.4% |
| Other operating charges | 640/8 | €422 | €722 | +€300 | +71.0% |
| Gross operating margin | 9900 | €21,613 | €35,064 | +€13,451 | +62.2% |
| Operating profit (loss) | 9901 | €15,371 | €31,629 | +€16,258 | +106% |
| Financial income | 75/76B | €2,307 | €2,606 | +€299 | +13.0% |
| Recurring financial income | 75 | €2,307 | €2,606 | +€299 | +13.0% |
| Financial charges | 65/66B | €452 | €772 | +€319 | +70.6% |
| Recurring financial charges | 65 | €452 | €772 | +€319 | +70.6% |
| Profit (loss) for the period before taxes | 9903 | €17,226 | €33,464 | +€16,237 | +94.3% |
| Income taxes | 67/77 | €4,212 | €7,374 | +€3,162 | +75.1% |
| Profit (loss) for the period | 9904 | €13,014 | €26,089 | +€13,075 | +100% |
| Profit (loss) for the period to be appropriated | 9905 | €13,014 | €26,089 | +€13,075 | +100% |
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 4 November 2026 via checked.be.