JO: 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.
JO
Largest movements
- Cash +€73,486
up €73,486 (+469.0%), from €15,667 to €89,153
mainly Other debts (+€52,338) and Net result for the year (+€35,760)
- Receivables within one year -€9,948
down €9,948 (-80.5%), from €12,350 to €2,403
of which Trade receivables: -€9,633
- Tangible fixed assets -€8,008
down €8,008 (-8.5%), from €94,153 to €86,145
of which Land and buildings: -€7,188
- Other debts +€52,338
up €52,338 (+832.7%), from €6,285 to €58,623
- Debts after one year -€51,000
down €51,000 (-100.0%), from €51,000 to €0
of which Other amounts payable: -€51,000
- Profit (loss) carried forward +€35,760
up €35,760 (+225.9%), from €15,828 to €51,587
- Tax, wage and social debts +€9,768
up €9,768 (+44.2%), from €22,083 to €31,851
of which Taxes: +€18,442
- Trade debts +€8,875
up €8,875 (+121407.3%), from €7 to €8,882
- Gross operating margin +€45,516
up €45,516 (+120.1%), from €37,883 to €83,399
- Taxes +€12,225
up €12,225 (+851.7%), from €1,435 to €13,660
- Other operating charges +€4,079
up €4,079 (+719.4%), from €567 to €4,646
- Staff costs -€2,578
down €2,578 (-11.0%), from €23,453 to €20,875
- Financial charges +€1,446
up €1,446, from -€868 to €578
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 | €122,263 | €178,003 | +€55,740 | +45.6% |
| Fixed assets | 21/28 | €94,153 | €86,145 | -€8,008 | -8.5% |
| Tangible fixed assets | 22/27 | €94,153 | €86,145 | -€8,008 | -8.5% |
| Land and buildings | 22 | €92,501 | €85,313 | -€7,188 | -7.8% |
| Furniture and vehicles | 24 | €1,653 | €832 | -€821 | -49.7% |
| Current assets | 29/58 | €28,110 | €91,858 | +€63,749 | +226.8% |
| Stocks and contracts in progress | 3 | €92 | €303 | +€210 | +227.7% |
| Stocks | 30/36 | €92 | €303 | +€210 | +227.7% |
| Amounts receivable within one year | 40/41 | €12,350 | €2,403 | -€9,948 | -80.5% |
| Trade receivables | 40 | €11,903 | €2,269 | -€9,633 | -80.9% |
| Other amounts receivable | 41 | €448 | €133 | -€314 | -70.2% |
| Cash at bank and in hand | 54/58 | €15,667 | €89,153 | +€73,486 | +469.0% |
| Total equity and liabilities | 10/49 | €122,263 | €178,003 | +€55,740 | +45.6% |
| Equity | 10/15 | €42,888 | €78,647 | +€35,760 | +83.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,860 | €20,860 | = | 0.0% |
| Distributable reserves | 133 | €20,860 | €20,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,828 | €51,587 | +€35,760 | +225.9% |
| Amounts payable | 17/49 | €79,376 | €99,356 | +€19,981 | +25.2% |
| Amounts payable after more than one year | 17 | €51,000 | €0 | -€51,000 | -100.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €51,000 | €0 | -€51,000 | -100.0% |
| Amounts payable within one year | 42/48 | €28,376 | €99,356 | +€70,981 | +250.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €7 | €8,882 | +€8,875 | +121407.3% |
| Suppliers | 440/4 | €7 | €8,882 | +€8,875 | +121407.3% |
| Taxes, remuneration and social security | 45 | €22,083 | €31,851 | +€9,768 | +44.2% |
| Taxes | 450/3 | €5,907 | €24,349 | +€18,442 | +312.2% |
| Remuneration and social security | 454/9 | €16,176 | €7,502 | -€8,674 | -53.6% |
| Other amounts payable | 47/48 | €6,285 | €58,623 | +€52,338 | +832.7% |
| Remuneration, social security and pensions | 62 | €23,453 | €20,875 | -€2,578 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,008 | €8,008 | -€0 | 0.0% |
| Other operating charges | 640/8 | €567 | €4,646 | +€4,079 | +719.4% |
| Gross operating margin | 9900 | €37,883 | €83,399 | +€45,516 | +120.1% |
| Operating profit (loss) | 9901 | €5,855 | €49,870 | +€44,015 | +751.7% |
| Financial income | 75/76B | - | €128 | +€128 | |
| Recurring financial income | 75 | - | €128 | +€128 | |
| Financial charges | 65/66B | -€868 | €578 | +€1,446 | |
| Recurring financial charges | 65 | -€868 | €578 | +€1,446 | |
| Profit (loss) for the period before taxes | 9903 | €6,723 | €49,420 | +€42,697 | +635.1% |
| Income taxes | 67/77 | €1,435 | €13,660 | +€12,225 | +851.7% |
| Profit (loss) for the period | 9904 | €5,288 | €35,760 | +€30,472 | +576.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,288 | €35,760 | +€30,472 | +576.3% |
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 4 October 2026 via checked.be.