JO | IN: 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 | IN
Largest movements
- Receivables within one year -€73,588
down €73,588 (-43.8%), from €167,971 to €94,383
of which Other amounts receivable: -€90,561
- Tangible fixed assets +€9,991
up €9,991 (+43.7%), from €22,857 to €32,848
of which Furniture and vehicles: +€10,357
- Cash +€2,734
up €2,734 (+5.4%), from €50,797 to €53,531
mainly Receivables within one year (+€73,588) and Net result for the year (+€49,364)
- Other debts -€59,889
down €59,889 (-39.8%), from €150,582 to €90,692
- Reserves -€38,775
down €38,775 (-44.0%), from €88,139 to €49,364
- Tax, wage and social debts +€34,055
up €34,055 (+12,711%), from €268 to €34,323
- Gross operating margin +€2,763
up €2,763 (+4.1%), from €68,210 to €70,972
- Other operating charges -€2,269
down €2,269 (-85.0%), from €2,668 to €400
- Depreciation +€2,038
up €2,038 (+65.8%), from €3,099 to €5,138
- Financial charges +€1,076
up €1,076 (+130%), from €826 to €1,902
- Staff costs +€756
new in 2025: €756
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.
Derived cash bridge
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 | €243,988 | €181,493 | -€62,495 | -25.6% |
| Fixed assets | 21/28 | €22,857 | €32,848 | +€9,991 | +43.7% |
| Tangible fixed assets | 22/27 | €22,857 | €32,848 | +€9,991 | +43.7% |
| Land and buildings | 22 | €21,017 | €19,552 | -€1,465 | -7.0% |
| Plant, machinery and equipment | 23 | - | €1,099 | +€1,099 | |
| Furniture and vehicles | 24 | €1,840 | €12,197 | +€10,357 | +563% |
| Current assets | 29/58 | €221,131 | €148,645 | -€72,486 | -32.8% |
| Amounts receivable within one year | 40/41 | €167,971 | €94,383 | -€73,588 | -43.8% |
| Trade receivables | 40 | €27,410 | €44,383 | +€16,973 | +61.9% |
| Other amounts receivable | 41 | €140,561 | €50,000 | -€90,561 | -64.4% |
| Cash at bank and in hand | 54/58 | €50,797 | €53,531 | +€2,734 | +5.4% |
| Deferred charges and accrued income | 490/1 | €2,362 | €730 | -€1,632 | -69.1% |
| Total equity and liabilities | 10/49 | €243,988 | €181,493 | -€62,495 | -25.6% |
| Equity | 10/15 | €93,139 | €54,364 | -€38,775 | -41.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €88,139 | €49,364 | -€38,775 | -44.0% |
| Distributable reserves | 133 | €88,139 | €49,364 | -€38,775 | -44.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €150,849 | €127,129 | -€23,721 | -15.7% |
| Amounts payable within one year | 42/48 | €150,849 | €125,015 | -€25,834 | -17.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €268 | €34,323 | +€34,055 | +12,711% |
| Taxes | 450/3 | €268 | €34,323 | +€34,055 | +12,711% |
| Other amounts payable | 47/48 | €150,582 | €90,692 | -€59,889 | -39.8% |
| Accrued charges and deferred income | 492/3 | - | €2,113 | +€2,113 | |
| Remuneration, social security and pensions | 62 | - | €756 | +€756 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,099 | €5,138 | +€2,038 | +65.8% |
| Other operating charges | 640/8 | €2,668 | €400 | -€2,269 | -85.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €68,210 | €70,972 | +€2,763 | +4.1% |
| Operating profit (loss) | 9901 | €62,442 | €64,679 | +€2,237 | +3.6% |
| Financial income | 75/76B | €2,500 | €2,500 | -€0 | 0.0% |
| Recurring financial income | 75 | €2,500 | €2,500 | -€0 | 0.0% |
| Financial charges | 65/66B | €826 | €1,902 | +€1,076 | +130% |
| Recurring financial charges | 65 | €826 | €1,902 | +€1,076 | +130% |
| Profit (loss) for the period before taxes | 9903 | €64,116 | €65,276 | +€1,160 | +1.8% |
| Income taxes | 67/77 | €15,176 | €15,913 | +€737 | +4.9% |
| Profit (loss) for the period | 9904 | €48,940 | €49,364 | +€424 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,940 | €49,364 | +€424 | +0.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.