JOBA: 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.
JOBA
Largest movements
- Cash +€12,636
up €12,636 (+75.0%), from €16,842 to €29,478
mainly Net result for the year (+€30,622) and Depreciation (+€20,111)
- Tangible fixed assets -€8,005
down €8,005 (-7.5%), from €106,738 to €98,733
of which Furniture and vehicles: -€11,643
- Receivables within one year -€4,418
down €4,418 (-16.5%), from €26,819 to €22,401
of which Other amounts receivable: -€8,795
- Reserves +€30,000
up €30,000 (+94.2%), from €31,860 to €61,860
- Other debts -€22,487
down €22,487 (-75.0%), from €30,000 to €7,513
- Current portion of long-term debt -€11,985
down €11,985 (-39.1%), from €30,673 to €18,688
- Tax, wage and social debts +€11,170
up €11,170 (+63.0%), from €17,737 to €28,906
- Debts after one year -€6,574
down €6,574 (-27.3%), from €24,106 to €17,532
- Gross operating margin -€7,907
down €7,907 (-9.7%), from €81,688 to €73,781
- Taxes +€2,716
up €2,716 (+16.2%), from €16,799 to €19,515
- Depreciation +€1,032
up €1,032 (+5.4%), from €19,080 to €20,111
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 | €150,457 | €150,670 | +€213 | +0.1% |
| Fixed assets | 21/28 | €106,796 | €98,791 | -€8,005 | -7.5% |
| Tangible fixed assets | 22/27 | €106,738 | €98,733 | -€8,005 | -7.5% |
| Land and buildings | 22 | €44,242 | €48,188 | +€3,946 | +8.9% |
| Furniture and vehicles | 24 | €61,268 | €49,624 | -€11,643 | -19.0% |
| Other tangible fixed assets | 26 | €1,229 | €921 | -€307 | -25.0% |
| Financial fixed assets | 28 | €58 | €58 | = | 0.0% |
| Current assets | 29/58 | €43,661 | €51,879 | +€8,218 | +18.8% |
| Amounts receivable within one year | 40/41 | €26,819 | €22,401 | -€4,418 | -16.5% |
| Trade receivables | 40 | €18,024 | €22,401 | +€4,377 | +24.3% |
| Other amounts receivable | 41 | €8,795 | - | -€8,795 | |
| Cash at bank and in hand | 54/58 | €16,842 | €29,478 | +€12,636 | +75.0% |
| Total equity and liabilities | 10/49 | €150,457 | €150,670 | +€213 | +0.1% |
| Equity | 10/15 | €47,278 | €77,900 | +€30,622 | +64.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €31,860 | €61,860 | +€30,000 | +94.2% |
| Distributable reserves | 133 | €31,860 | €61,860 | +€30,000 | +94.2% |
| Profit (loss) carried forward | 14 | €9,218 | €9,840 | +€622 | +6.7% |
| Amounts payable | 17/49 | €103,179 | €72,770 | -€30,408 | -29.5% |
| Amounts payable after more than one year | 17 | €24,106 | €17,532 | -€6,574 | -27.3% |
| Financial debts | 170/4 | €24,106 | €17,532 | -€6,574 | -27.3% |
| Amounts payable within one year | 42/48 | €79,073 | €55,238 | -€23,834 | -30.1% |
| Current portion of amounts payable after more than one year | 42 | €30,673 | €18,688 | -€11,985 | -39.1% |
| Trade debts | 44 | €663 | €132 | -€532 | -80.1% |
| Suppliers | 440/4 | €663 | €132 | -€532 | -80.1% |
| Taxes, remuneration and social security | 45 | €17,737 | €28,906 | +€11,170 | +63.0% |
| Taxes | 450/3 | €17,737 | €28,906 | +€11,170 | +63.0% |
| Other amounts payable | 47/48 | €30,000 | €7,513 | -€22,487 | -75.0% |
| Non-recurring operating income | 76A | €14,620 | - | -€14,620 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,080 | €20,111 | +€1,032 | +5.4% |
| Other operating charges | 640/8 | €2,136 | €2,103 | -€33 | -1.5% |
| Non-recurring operating charges | 66A | €6,537 | - | -€6,537 | |
| Gross operating margin | 9900 | €81,688 | €73,781 | -€7,907 | -9.7% |
| Operating profit (loss) | 9901 | €53,935 | €51,566 | -€2,369 | -4.4% |
| Financial income | 75/76B | €45 | €53 | +€8 | +16.6% |
| Recurring financial income | 75 | €45 | €53 | +€8 | +16.6% |
| Financial charges | 65/66B | €1,867 | €1,482 | -€386 | -20.6% |
| Recurring financial charges | 65 | €1,389 | €1,217 | -€173 | -12.4% |
| Non-recurring financial charges | 66B | €478 | €265 | -€213 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | €52,113 | €50,137 | -€1,976 | -3.8% |
| Income taxes | 67/77 | €16,799 | €19,515 | +€2,716 | +16.2% |
| Profit (loss) for the period | 9904 | €35,314 | €30,622 | -€4,692 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,314 | €30,622 | -€4,692 | -13.3% |
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.