J.O.S.: 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.S.
Largest movements
- Receivables within one year +€9,719
up €9,719 (+19.1%), from €50,924 to €60,643
of which Trade receivables: +€9,719
- Deferred charges and accrued income -€7,532
down €7,532 (-47.8%), from €15,758 to €8,226
- Tangible fixed assets -€7,385
down €7,385 (-44.2%), from €16,718 to €9,332
of which Furniture and vehicles: -€7,065
- Cash +€4,457
up €4,457 (+137%), from €3,260 to €7,717
mainly Tax, wage and social debts (+€15,430) and Deferred charges and accrued income (+€7,532)
- Stocks and contracts +€1,146
up €1,146 (+7.9%), from €14,552 to €15,698
- Tax, wage and social debts +€15,430
up €15,430 (+14.8%), from €104,218 to €119,647
of which Remuneration and social security: +€11,938
- Profit (loss) carried forward -€9,380
down €9,380 (-12.5%), from -€74,827 to -€84,207
- Trade debts -€5,949
down €5,949 (-14.0%), from €42,400 to €36,451
- Other debts +€5,000
up €5,000, from €0 to €5,000
- Debts after one year -€4,004
down €4,004 (-19.4%), from €20,669 to €16,665
- Gross operating margin -€27,035
down €27,035 (-6.5%), from €416,433 to €389,398
- Staff costs -€10,582
down €10,582 (-2.7%), from €391,406 to €380,824
- Financial charges -€8,548
down €8,548 (-50.5%), from €16,937 to €8,388
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 | €101,211 | €101,616 | +€405 | +0.4% |
| Fixed assets | 21/28 | €16,718 | €9,332 | -€7,385 | -44.2% |
| Tangible fixed assets | 22/27 | €16,718 | €9,332 | -€7,385 | -44.2% |
| Plant, machinery and equipment | 23 | €550 | €230 | -€320 | -58.1% |
| Furniture and vehicles | 24 | €16,167 | €9,102 | -€7,065 | -43.7% |
| Current assets | 29/58 | €84,494 | €92,283 | +€7,790 | +9.2% |
| Stocks and contracts in progress | 3 | €14,552 | €15,698 | +€1,146 | +7.9% |
| Stocks | 30/36 | €14,552 | €15,698 | +€1,146 | +7.9% |
| Amounts receivable within one year | 40/41 | €50,924 | €60,643 | +€9,719 | +19.1% |
| Trade receivables | 40 | €50,924 | €60,643 | +€9,719 | +19.1% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €3,260 | €7,717 | +€4,457 | +137% |
| Deferred charges and accrued income | 490/1 | €15,758 | €8,226 | -€7,532 | -47.8% |
| Total equity and liabilities | 10/49 | €101,211 | €101,616 | +€405 | +0.4% |
| Equity | 10/15 | -€66,767 | -€76,147 | -€9,380 | -14.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,827 | -€84,207 | -€9,380 | -12.5% |
| Amounts payable | 17/49 | €167,979 | €177,763 | +€9,784 | +5.8% |
| Amounts payable after more than one year | 17 | €20,669 | €16,665 | -€4,004 | -19.4% |
| Other amounts payable | 178/9 | €20,669 | €16,665 | -€4,004 | -19.4% |
| Amounts payable within one year | 42/48 | €146,617 | €161,098 | +€14,481 | +9.9% |
| Trade debts | 44 | €42,400 | €36,451 | -€5,949 | -14.0% |
| Suppliers | 440/4 | €42,400 | €36,451 | -€5,949 | -14.0% |
| Taxes, remuneration and social security | 45 | €104,218 | €119,647 | +€15,430 | +14.8% |
| Taxes | 450/3 | €20,720 | €24,212 | +€3,492 | +16.9% |
| Remuneration and social security | 454/9 | €83,497 | €95,435 | +€11,938 | +14.3% |
| Other amounts payable | 47/48 | €0 | €5,000 | +€5,000 | |
| Accrued charges and deferred income | 492/3 | €692 | €0 | -€692 | -100% |
| Remuneration, social security and pensions | 62 | €391,406 | €380,824 | -€10,582 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,240 | €7,385 | -€1,855 | -20.1% |
| Other operating charges | 640/8 | €1,179 | €2,104 | +€925 | +78.5% |
| Operating charges capitalised as restructuring costs | 649 | €0 | €0 | = | |
| Non-recurring operating charges | 66A | €12,587 | - | -€12,587 | |
| Gross operating margin | 9900 | €416,433 | €389,398 | -€27,035 | -6.5% |
| Operating profit (loss) | 9901 | €2,021 | -€916 | -€2,937 | |
| Financial income | 75/76B | €232 | €210 | -€22 | -9.4% |
| Recurring financial income | 75 | €232 | €210 | -€22 | -9.4% |
| Financial charges | 65/66B | €16,937 | €8,388 | -€8,548 | -50.5% |
| Recurring financial charges | 65 | €16,937 | €8,388 | -€8,548 | -50.5% |
| Profit (loss) for the period before taxes | 9903 | -€14,684 | -€9,095 | +€5,589 | +38.1% |
| Income taxes | 67/77 | €1,375 | €285 | -€1,090 | -79.3% |
| Profit (loss) for the period | 9904 | -€16,059 | -€9,380 | +€6,679 | +41.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,059 | -€9,380 | +€6,679 | +41.6% |
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 27 October 2026 via checked.be.