JO-ANT: 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-ANT
Largest movements
- Tangible fixed assets +€9,520
up €9,520 (+562.2%), from €1,693 to €11,213
of which Furniture and vehicles: +€9,963
- Cash -€4,329
down €4,329 (-88.7%), from €4,878 to €549
mainly Investment in fixed assets (net) (-€11,357) and Net result for the year (-€4,857)
- Receivables within one year +€565
up €565 (+14.9%), from €3,784 to €4,349
of which Trade receivables: +€1,240
- Other debts +€8,861
up €8,861 (+46.9%), from €18,883 to €27,743
- Profit (loss) carried forward -€4,857
down €4,857 (-39.7%), from -€12,228 to -€17,085
- Tax, wage and social debts +€1,382
up €1,382 (+90.0%), from €1,535 to €2,918
of which Remuneration and social security: +€1,300
- Accrued charges and deferred income +€195
up €195, from €0 to €195
- Gross operating margin +€1,854
up €1,854 (+44.6%), from -€4,158 to -€2,304
- Depreciation +€1,394
up €1,394 (+314.4%), from €443 to €1,837
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 | €11,873 | €17,512 | +€5,639 | +47.5% |
| Fixed assets | 21/28 | €1,693 | €11,213 | +€9,520 | +562.2% |
| Tangible fixed assets | 22/27 | €1,693 | €11,213 | +€9,520 | +562.2% |
| Furniture and vehicles | 24 | €0 | €9,963 | +€9,963 | |
| Other tangible fixed assets | 26 | €1,693 | €1,250 | -€443 | -26.2% |
| Current assets | 29/58 | €10,180 | €6,299 | -€3,881 | -38.1% |
| Amounts receivable within one year | 40/41 | €3,784 | €4,349 | +€565 | +14.9% |
| Trade receivables | 40 | €2,920 | €4,160 | +€1,240 | +42.5% |
| Other amounts receivable | 41 | €864 | €189 | -€675 | -78.1% |
| Cash at bank and in hand | 54/58 | €4,878 | €549 | -€4,329 | -88.7% |
| Deferred charges and accrued income | 490/1 | €1,518 | €1,401 | -€117 | -7.7% |
| Total equity and liabilities | 10/49 | €11,873 | €17,512 | +€5,639 | +47.5% |
| Equity | 10/15 | -€9,228 | -€14,085 | -€4,857 | -52.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,228 | -€17,085 | -€4,857 | -39.7% |
| Amounts payable | 17/49 | €21,101 | €31,597 | +€10,496 | +49.7% |
| Amounts payable within one year | 42/48 | €21,101 | €31,402 | +€10,301 | +48.8% |
| Trade debts | 44 | €683 | €741 | +€58 | +8.5% |
| Suppliers | 440/4 | €683 | €741 | +€58 | +8.5% |
| Taxes, remuneration and social security | 45 | €1,535 | €2,918 | +€1,382 | +90.0% |
| Taxes | 450/3 | €235 | €318 | +€82 | +35.1% |
| Remuneration and social security | 454/9 | €1,300 | €2,600 | +€1,300 | +100.0% |
| Other amounts payable | 47/48 | €18,883 | €27,743 | +€8,861 | +46.9% |
| Accrued charges and deferred income | 492/3 | €0 | €195 | +€195 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €443 | €1,837 | +€1,394 | +314.4% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €522 | €0 | -€522 | -100.0% |
| Gross operating margin | 9900 | -€4,158 | -€2,304 | +€1,854 | +44.6% |
| Operating profit (loss) | 9901 | -€5,629 | -€4,661 | +€967 | +17.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -88.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -88.9% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,668 | -€4,702 | +€966 | +17.0% |
| Income taxes | 67/77 | €162 | €155 | -€7 | -4.2% |
| Profit (loss) for the period | 9904 | -€5,830 | -€4,857 | +€973 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,830 | -€4,857 | +€973 | +16.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.