JGO: what changed
Two fiscal 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.
JGO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves +€51,993
up €51,993 (+5.9%), from €877,791 to €929,784
of which Distributable reserves: +€51,993
- Trade debts -€29,647
down €29,647 (-98.8%), from €30,000 to €353
- Other debts -€22,881
down €22,881 (-52.3%), from €43,743 to €20,862
- Short-term financial debts -€10,872
down €10,872 (-100.0%), from €10,872 to €0
- Financial income +€58,543
up €58,543 (+3063.4%), from €1,911 to €60,454
- Gross operating margin -€40,145
down €40,145 (-93.0%), from €43,182 to €3,037
- Taxes -€6,294
down €6,294 (-53.5%), from €11,768 to €5,474
- Other operating charges -€1,658
down €1,658 (-73.1%), from €2,268 to €610
- Financial charges -€1,261
down €1,261 (-21.5%), from €5,872 to €4,611
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 | €1,074,439 | €1,065,813 | -€8,626 | -0.8% |
| Fixed assets | 21/28 | €1,051,474 | €1,045,502 | -€5,971 | -0.6% |
| Tangible fixed assets | 22/27 | €1,485 | €2,003 | +€518 | +34.9% |
| Furniture and vehicles | 24 | €1,165 | €1,843 | +€678 | +58.2% |
| Other tangible fixed assets | 26 | €320 | €160 | -€160 | -50.0% |
| Financial fixed assets | 28 | €1,049,989 | €1,043,499 | -€6,490 | -0.6% |
| Current assets | 29/58 | €22,966 | €20,311 | -€2,655 | -11.6% |
| Amounts receivable within one year | 40/41 | €15,290 | €12,185 | -€3,105 | -20.3% |
| Trade receivables | 40 | €12,342 | €0 | -€12,342 | -100.0% |
| Other amounts receivable | 41 | €2,948 | €12,185 | +€9,237 | +313.4% |
| Cash at bank and in hand | 54/58 | €6,559 | €6,977 | +€418 | +6.4% |
| Deferred charges and accrued income | 490/1 | €1,117 | €1,149 | +€32 | +2.9% |
| Total equity and liabilities | 10/49 | €1,074,439 | €1,065,813 | -€8,626 | -0.8% |
| Equity | 10/15 | €897,791 | €949,784 | +€51,993 | +5.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €877,791 | €929,784 | +€51,993 | +5.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €875,791 | €927,784 | +€51,993 | +5.9% |
| Amounts payable | 17/49 | €176,648 | €116,029 | -€60,619 | -34.3% |
| Amounts payable after more than one year | 17 | €73,600 | €73,600 | = | 0.0% |
| Financial debts | 170/4 | €73,600 | €73,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €102,565 | €42,429 | -€60,135 | -58.6% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €12,000 | = | 0.0% |
| Financial debts | 43 | €10,872 | €0 | -€10,872 | -100.0% |
| Credit institutions | 430/8 | €10,872 | €0 | -€10,872 | -100.0% |
| Trade debts | 44 | €30,000 | €353 | -€29,647 | -98.8% |
| Suppliers | 440/4 | €30,000 | €353 | -€29,647 | -98.8% |
| Taxes, remuneration and social security | 45 | €5,950 | €9,215 | +€3,264 | +54.9% |
| Taxes | 450/3 | €4,470 | €7,335 | +€2,864 | +64.1% |
| Remuneration and social security | 454/9 | €1,480 | €1,880 | +€400 | +27.0% |
| Other amounts payable | 47/48 | €43,743 | €20,862 | -€22,881 | -52.3% |
| Accrued charges and deferred income | 492/3 | €484 | €0 | -€484 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €682 | €803 | +€121 | +17.8% |
| Other operating charges | 640/8 | €2,268 | €610 | -€1,658 | -73.1% |
| Gross operating margin | 9900 | €43,182 | €3,037 | -€40,145 | -93.0% |
| Operating profit (loss) | 9901 | €40,233 | €1,624 | -€38,609 | -96.0% |
| Financial income | 75/76B | €1,911 | €60,454 | +€58,543 | +3063.4% |
| Recurring financial income | 75 | €1,911 | €60,454 | +€58,543 | +3063.4% |
| Financial charges | 65/66B | €5,872 | €4,611 | -€1,261 | -21.5% |
| Recurring financial charges | 65 | €5,872 | €4,611 | -€1,261 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €36,272 | €57,467 | +€21,195 | +58.4% |
| Income taxes | 67/77 | €11,768 | €5,474 | -€6,294 | -53.5% |
| Profit (loss) for the period | 9904 | €24,504 | €51,993 | +€27,489 | +112.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,504 | €51,993 | +€27,489 | +112.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.