JO AND CO: what changed
What changed
JO AND CO
NACE 46.423, Wholesale of clothing, excluding workwear and underwear
filed annual accounts (NBB)
Net result for the year
€130,718
2024 · €86,883+€43,835
Equity
€400,402
2024 · €274,007+€126,395
Cash
€408,490
2024 · €262,176+€146,315
Balance sheet total
€780,038
2024 · €650,214+€129,824
Largest movements
Assets
- Cash +€146,315
up €146,315 (+55.8%), from €262,176 to €408,490
mainly Net result for the year (+€130,718) and Depreciation (+€56,929)
- Tangible fixed assets -€41,916
down €41,916 (-19.6%), from €213,738 to €171,821
of which Furniture and vehicles: -€32,722
- Receivables within one year +€26,082
up €26,082 (+22.0%), from €118,582 to €144,663
of which Other amounts receivable: +€18,150
Equity and liabilities
- Profit (loss) carried forward +€126,395
up €126,395 (+135%), from €93,656 to €220,051
- Trade debts +€22,033
up €22,033 (+57.9%), from €38,032 to €60,064
- Tax, wage and social debts -€11,181
down €11,181 (-20.3%), from €55,006 to €43,825
of which Remuneration and social security: -€9,812
- Other debts -€9,644
down €9,644 (-32.3%), from €29,882 to €20,238
Income statement
- Staff costs -€33,891
down €33,891 (-18.8%), from €180,270 to €146,379
- Gross operating margin +€22,362
up €22,362 (+6.3%), from €356,609 to €378,972
- Taxes +€15,879
up €15,879 (+60.1%), from €26,415 to €42,295
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€86,883
Gross operating margin
+€22,362
Staff costs
+€33,891
Depreciation
+€3,288
Provisions
+€3,288
Other operating charges
+€222
Financial income
-€258
Financial charges
-€3,080
Taxes
-€15,879
Result 2025
€130,718
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€165,650
Investment
-€15,013
Financing
-€4,323
Cash 2024
€262,176
From operations (derived)
+€165,650
Net result for the year
+€130,718
Depreciation
+€56,929
Receivables within one year
-€26,082
Deferred charges and accrued income
+€656
Provisions
-€3,288
Trade debts
+€22,033
Tax, wage and social debts
-€11,181
Other debts
-€9,644
Accrued charges and deferred income
+€5,509
Investment (derived)
-€15,013
Investment in fixed assets (net)
-€15,013
Financing
-€4,323
Contributions, distributions and other
-€4,323
Cash 2025
€408,490
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €650,214 | €780,038 | +€129,824 | +20.0% |
| Fixed assets | 21/28 | €215,209 | €173,293 | -€41,916 | -19.5% |
| Tangible fixed assets | 22/27 | €213,738 | €171,821 | -€41,916 | -19.6% |
| Plant, machinery and equipment | 23 | €5,059 | €3,399 | -€1,660 | -32.8% |
| Furniture and vehicles | 24 | €133,970 | €101,248 | -€32,722 | -24.4% |
| Other tangible fixed assets | 26 | €74,709 | €67,175 | -€7,534 | -10.1% |
| Financial fixed assets | 28 | €1,472 | €1,472 | = | 0.0% |
| Current assets | 29/58 | €435,005 | €606,745 | +€171,740 | +39.5% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €118,582 | €144,663 | +€26,082 | +22.0% |
| Trade receivables | 40 | €105,689 | €113,621 | +€7,931 | +7.5% |
| Other amounts receivable | 41 | €12,893 | €31,043 | +€18,150 | +141% |
| Cash at bank and in hand | 54/58 | €262,176 | €408,490 | +€146,315 | +55.8% |
| Deferred charges and accrued income | 490/1 | €19,248 | €18,591 | -€656 | -3.4% |
| Total equity and liabilities | 10/49 | €650,214 | €780,038 | +€129,824 | +20.0% |
| Equity | 10/15 | €274,007 | €400,402 | +€126,395 | +46.1% |
| Contributions | 10/11 | €147,400 | €147,400 | = | 0.0% |
| Reserves | 13 | €32,951 | €32,951 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,155 | €7,155 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,155 | €7,155 | = | 0.0% |
| Distributable reserves | 133 | €25,796 | €25,796 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,656 | €220,051 | +€126,395 | +135% |
| Provisions and deferred taxes | 16 | €3,288 | €0 | -€3,288 | -100% |
| Provisions for liabilities and charges | 160/5 | €3,288 | €0 | -€3,288 | -100% |
| Major repairs and maintenance | 162 | €3,288 | €0 | -€3,288 | -100% |
| Amounts payable | 17/49 | €372,920 | €379,636 | +€6,716 | +1.8% |
| Amounts payable after more than one year | 17 | €239,767 | €239,767 | = | 0.0% |
| Financial debts | 170/4 | €239,767 | €239,767 | = | 0.0% |
| Amounts payable within one year | 42/48 | €122,920 | €124,127 | +€1,207 | +1.0% |
| Trade debts | 44 | €38,032 | €60,064 | +€22,033 | +57.9% |
| Suppliers | 440/4 | €38,032 | €60,064 | +€22,033 | +57.9% |
| Taxes, remuneration and social security | 45 | €55,006 | €43,825 | -€11,181 | -20.3% |
| Taxes | 450/3 | €22,779 | €21,410 | -€1,369 | -6.0% |
| Remuneration and social security | 454/9 | €32,227 | €22,415 | -€9,812 | -30.4% |
| Other amounts payable | 47/48 | €29,882 | €20,238 | -€9,644 | -32.3% |
| Accrued charges and deferred income | 492/3 | €10,233 | €15,742 | +€5,509 | +53.8% |
| Remuneration, social security and pensions | 62 | €180,270 | €146,379 | -€33,891 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,217 | €56,929 | -€3,288 | -5.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€3,288 | -€3,288 | |
| Other operating charges | 640/8 | €2,048 | €1,825 | -€222 | -10.9% |
| Gross operating margin | 9900 | €356,609 | €378,972 | +€22,362 | +6.3% |
| Operating profit (loss) | 9901 | €114,074 | €177,125 | +€63,052 | +55.3% |
| Financial income | 75/76B | €793 | €535 | -€258 | -32.5% |
| Recurring financial income | 75 | €793 | €535 | -€258 | -32.5% |
| Financial charges | 65/66B | €1,569 | €4,648 | +€3,080 | +196% |
| Recurring financial charges | 65 | €1,569 | €4,648 | +€3,080 | +196% |
| Profit (loss) for the period before taxes | 9903 | €113,298 | €173,012 | +€59,714 | +52.7% |
| Income taxes | 67/77 | €26,415 | €42,295 | +€15,879 | +60.1% |
| Profit (loss) for the period | 9904 | €86,883 | €130,718 | +€43,835 | +50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €86,883 | €130,718 | +€43,835 | +50.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.