J.O.J.C.: 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.
J.O.J.C.
Largest movements
- Tangible fixed assets +€92,881
up €92,881 (+59.3%), from €156,573 to €249,455
of which Plant, machinery and equipment: +€90,937
- Receivables within one year +€57,284
up €57,284 (+184%), from €31,100 to €88,384
of which Other amounts receivable: +€56,144
- Profit (loss) carried forward +€73,593
up €73,593, from -€73,593 to €0
- Trade debts +€33,948
up €33,948 (+107%), from €31,639 to €65,587
- Debts after one year +€22,446
new in 2025: €22,446
- Current portion of long-term debt +€19,929
new in 2025: €19,929
- Reserves +€11,530
up €11,530 (+4.8%), from €238,705 to €250,235
- Gross operating margin +€137,667
up €137,667 (+44.9%), from €306,697 to €444,364
- Staff costs +€67,277
up €67,277 (+26.5%), from €254,189 to €321,466
- Depreciation +€16,362
up €16,362 (+267%), from €6,136 to €22,498
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 | €268,827 | €421,142 | +€152,314 | +56.7% |
| Fixed assets | 21/28 | €157,259 | €250,141 | +€92,881 | +59.1% |
| Tangible fixed assets | 22/27 | €156,573 | €249,455 | +€92,881 | +59.3% |
| Plant, machinery and equipment | 23 | €53,277 | €144,213 | +€90,937 | +171% |
| Furniture and vehicles | 24 | €103,297 | €105,242 | +€1,945 | +1.9% |
| Financial fixed assets | 28 | €686 | €686 | = | 0.0% |
| Current assets | 29/58 | €111,568 | €171,001 | +€59,433 | +53.3% |
| Stocks and contracts in progress | 3 | €5,902 | €7,437 | +€1,535 | +26.0% |
| Stocks | 30/36 | €5,902 | €7,437 | +€1,535 | +26.0% |
| Amounts receivable within one year | 40/41 | €31,100 | €88,384 | +€57,284 | +184% |
| Trade receivables | 40 | €6,154 | €7,295 | +€1,140 | +18.5% |
| Other amounts receivable | 41 | €24,946 | €81,090 | +€56,144 | +225% |
| Cash at bank and in hand | 54/58 | €74,565 | €75,179 | +€614 | +0.8% |
| Total equity and liabilities | 10/49 | €268,827 | €421,142 | +€152,314 | +56.7% |
| Equity | 10/15 | €183,712 | €268,835 | +€85,123 | +46.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €238,705 | €250,235 | +€11,530 | +4.8% |
| Distributable reserves | 133 | €238,705 | €250,235 | +€11,530 | +4.8% |
| Profit (loss) carried forward | 14 | -€73,593 | €0 | +€73,593 | |
| Amounts payable | 17/49 | €85,115 | €152,307 | +€67,192 | +78.9% |
| Amounts payable after more than one year | 17 | - | €22,446 | +€22,446 | |
| Financial debts | 170/4 | - | €22,446 | +€22,446 | |
| Amounts payable within one year | 42/48 | €85,115 | €129,861 | +€44,746 | +52.6% |
| Current portion of amounts payable after more than one year | 42 | - | €19,929 | +€19,929 | |
| Trade debts | 44 | €31,639 | €65,587 | +€33,948 | +107% |
| Suppliers | 440/4 | €31,639 | €65,587 | +€33,948 | +107% |
| Taxes, remuneration and social security | 45 | €53,477 | €44,345 | -€9,131 | -17.1% |
| Taxes | 450/3 | €20,410 | €16,847 | -€3,564 | -17.5% |
| Remuneration and social security | 454/9 | €33,066 | €27,498 | -€5,568 | -16.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €254,189 | €321,466 | +€67,277 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,136 | €22,498 | +€16,362 | +267% |
| Other operating charges | 640/8 | €5,006 | €4,996 | -€10 | -0.2% |
| Non-recurring operating charges | 66A | €35,584 | €0 | -€35,584 | -100% |
| Gross operating margin | 9900 | €306,697 | €444,364 | +€137,667 | +44.9% |
| Operating profit (loss) | 9901 | €5,782 | €95,404 | +€89,622 | +1,550% |
| Financial income | 75/76B | €372 | €264 | -€108 | -29.1% |
| Recurring financial income | 75 | €372 | €264 | -€108 | -29.1% |
| Financial charges | 65/66B | €5,540 | €9,251 | +€3,712 | +67.0% |
| Recurring financial charges | 65 | €5,540 | €9,251 | +€3,712 | +67.0% |
| Profit (loss) for the period before taxes | 9903 | €615 | €86,417 | +€85,802 | +13,957% |
| Income taxes | 67/77 | €375 | €1,294 | +€919 | +245% |
| Profit (loss) for the period | 9904 | €239 | €85,123 | +€84,884 | +35,460% |
| Profit (loss) for the period to be appropriated | 9905 | €239 | €85,123 | +€84,884 | +35,460% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.