Jo Blockeel: 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.
Jo Blockeel
Largest movements
- Cash -€1,991
down €1,991 (-4.8%), from €41,349 to €39,359
mainly Contributions, distributions and other (-€72,500) and Receivables within one year (-€555)
- Reserves -€47,758
down €47,758 (-48.5%), from €98,428 to €50,670
- Other debts +€39,890
new in 2026: €39,890
- Tax, wage and social debts +€3,148
up €3,148 (+144%), from €2,193 to €5,341
of which Taxes: +€3,148
- Trade debts +€1,295
up €1,295 (+41.6%), from €3,116 to €4,411
- Gross operating margin +€1,861
up €1,861 (+5.5%), from €33,689 to €35,550
- Financial income -€1,192
down €1,192 (-88.0%), from €1,355 to €163
- Financial charges +€1,041
up €1,041 (+2,161%), from €48 to €1,089
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,337 | €119,901 | -€2,436 | -2.0% |
| Fixed assets | 21/28 | €15,205 | €15,205 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €15,205 | €15,205 | = | 0.0% |
| Current assets | 29/58 | €107,132 | €104,696 | -€2,436 | -2.3% |
| Amounts receivable within one year | 40/41 | €61,162 | €61,717 | +€555 | +0.9% |
| Trade receivables | 40 | €41,801 | €60,455 | +€18,654 | +44.6% |
| Other amounts receivable | 41 | €19,361 | €1,262 | -€18,099 | -93.5% |
| Cash at bank and in hand | 54/58 | €41,349 | €39,359 | -€1,991 | -4.8% |
| Deferred charges and accrued income | 490/1 | €4,621 | €3,621 | -€1,000 | -21.6% |
| Total equity and liabilities | 10/49 | €122,337 | €119,901 | -€2,436 | -2.0% |
| Equity | 10/15 | €117,028 | €69,270 | -€47,758 | -40.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,428 | €50,670 | -€47,758 | -48.5% |
| Distributable reserves | 133 | €98,428 | €50,670 | -€47,758 | -48.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €5,309 | €50,632 | +€45,322 | +854% |
| Amounts payable within one year | 42/48 | €5,309 | €49,642 | +€44,333 | +835% |
| Trade debts | 44 | €3,116 | €4,411 | +€1,295 | +41.6% |
| Suppliers | 440/4 | €3,116 | €4,411 | +€1,295 | +41.6% |
| Taxes, remuneration and social security | 45 | €2,193 | €5,341 | +€3,148 | +144% |
| Taxes | 450/3 | €2,193 | €5,341 | +€3,148 | +144% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €39,890 | +€39,890 | |
| Accrued charges and deferred income | 492/3 | €0 | €989 | +€989 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €316 | €0 | -€316 | -100% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €33,689 | €35,550 | +€1,861 | +5.5% |
| Operating profit (loss) | 9901 | €32,845 | €35,006 | +€2,161 | +6.6% |
| Financial income | 75/76B | €1,355 | €163 | -€1,192 | -88.0% |
| Recurring financial income | 75 | €1,355 | €163 | -€1,192 | -88.0% |
| Financial charges | 65/66B | €48 | €1,089 | +€1,041 | +2,161% |
| Recurring financial charges | 65 | €48 | €1,089 | +€1,041 | +2,161% |
| Profit (loss) for the period before taxes | 9903 | €34,152 | €34,080 | -€72 | -0.2% |
| Income taxes | 67/77 | €9,310 | €9,338 | +€28 | +0.3% |
| Profit (loss) for the period | 9904 | €24,842 | €24,742 | -€100 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,842 | €24,742 | -€100 | -0.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.