J.O. SERVICES: 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. SERVICES
Largest movements
- Receivables within one year -€21,450
down €21,450 (-67.9%), from €31,604 to €10,155
of which Other amounts receivable: -€24,116
- Tangible fixed assets +€19,292
up €19,292 (+506.0%), from €3,813 to €23,104
of which Furniture and vehicles: +€19,958
- Cash -€8,476
down €8,476 (-65.9%), from €12,860 to €4,385
mainly Investment in fixed assets (net) (-€24,454) and Other debts (-€7,608)
- Other debts -€7,608
down €7,608 (-75.8%), from €10,032 to €2,424
- Profit (loss) carried forward -€3,130
down €3,130 (-65.1%), from €4,812 to €1,682
- Tax, wage and social debts -€1,945
down €1,945 (-39.7%), from €4,902 to €2,957
- Trade debts +€1,910
up €1,910 (+66.0%), from €2,895 to €4,806
- Gross operating margin -€21,259
down €21,259 (-80.4%), from €26,430 to €5,171
- Taxes -€4,922
down €4,922 (-85.3%), from €5,770 to €848
- Provisions -€4,669
no longer reported in 2025 (was €4,669)
- Other operating charges +€1,980
new in 2025: €1,980
- Depreciation +€1,286
up €1,286 (+33.2%), from €3,877 to €5,162
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.
Cash bridge derived
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 | €49,642 | €38,868 | -€10,774 | -21.7% |
| Fixed assets | 21/28 | €3,813 | €23,104 | +€19,292 | +506.0% |
| Tangible fixed assets | 22/27 | €3,813 | €23,104 | +€19,292 | +506.0% |
| Plant, machinery and equipment | 23 | €1,481 | €815 | -€666 | -45.0% |
| Furniture and vehicles | 24 | €2,332 | €22,289 | +€19,958 | +855.9% |
| Current assets | 29/58 | €45,829 | €15,764 | -€30,066 | -65.6% |
| Amounts receivable within one year | 40/41 | €31,604 | €10,155 | -€21,450 | -67.9% |
| Trade receivables | 40 | €4,593 | €7,260 | +€2,667 | +58.1% |
| Other amounts receivable | 41 | €27,011 | €2,895 | -€24,116 | -89.3% |
| Cash at bank and in hand | 54/58 | €12,860 | €4,385 | -€8,476 | -65.9% |
| Deferred charges and accrued income | 490/1 | €1,365 | €1,224 | -€141 | -10.3% |
| Total equity and liabilities | 10/49 | €49,642 | €38,868 | -€10,774 | -21.7% |
| Equity | 10/15 | €31,812 | €28,682 | -€3,130 | -9.8% |
| Contributions | 10/11 | €27,000 | €27,000 | = | 0.0% |
| Contributions outside capital | 11 | €27,000 | €27,000 | = | 0.0% |
| Other | 1109/19 | €27,000 | €27,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,812 | €1,682 | -€3,130 | -65.1% |
| Amounts payable | 17/49 | €17,830 | €10,187 | -€7,643 | -42.9% |
| Amounts payable within one year | 42/48 | €17,830 | €10,187 | -€7,643 | -42.9% |
| Trade debts | 44 | €2,895 | €4,806 | +€1,910 | +66.0% |
| Suppliers | 440/4 | €2,895 | €4,806 | +€1,910 | +66.0% |
| Taxes, remuneration and social security | 45 | €4,902 | €2,957 | -€1,945 | -39.7% |
| Taxes | 450/3 | €4,902 | €2,957 | -€1,945 | -39.7% |
| Other amounts payable | 47/48 | €10,032 | €2,424 | -€7,608 | -75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,877 | €5,162 | +€1,286 | +33.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,669 | - | -€4,669 | |
| Other operating charges | 640/8 | - | €1,980 | +€1,980 | |
| Gross operating margin | 9900 | €26,430 | €5,171 | -€21,259 | -80.4% |
| Operating profit (loss) | 9901 | €17,885 | -€1,971 | -€19,856 | |
| Financial income | 75/76B | €1,312 | €1,595 | +€283 | +21.6% |
| Recurring financial income | 75 | €1,312 | €1,595 | +€283 | +21.6% |
| Financial charges | 65/66B | €1,562 | €1,907 | +€345 | +22.1% |
| Recurring financial charges | 65 | €1,562 | €1,409 | -€153 | -9.8% |
| Non-recurring financial charges | 66B | - | €498 | +€498 | |
| Profit (loss) for the period before taxes | 9903 | €17,635 | -€2,283 | -€19,918 | |
| Income taxes | 67/77 | €5,770 | €848 | -€4,922 | -85.3% |
| Profit (loss) for the period | 9904 | €11,866 | -€3,130 | -€14,996 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,866 | -€3,130 | -€14,996 |
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 10 October 2026 via checked.be.