JOBOCA: 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.
JOBOCA
Largest movements
- Tangible fixed assets +€368,566
up €368,566 (+81.6%), from €451,839 to €820,404
- Cash -€167,138
down €167,138 (-94.5%), from €176,831 to €9,693
mainly Investment in fixed assets (net) (-€453,494) and Receivables after one year (-€50,000)
- Receivables after one year +€50,000
up €50,000 (+161.0%), from €31,050 to €81,050
- Debts after one year +€261,667
up €261,667 (+342.5%), from €76,389 to €338,055
- Tax, wage and social debts -€13,463
down €13,463 (-92.6%), from €14,537 to €1,073
- Gross operating margin -€74,552
down €74,552 (-43.5%), from €171,446 to €96,894
- Depreciation +€49,524
up €49,524 (+139.9%), from €35,404 to €84,928
- Taxes -€16,261
down €16,261 (-69.7%), from €23,316 to €7,055
- Financial income -€14,928
down €14,928 (-61.1%), from €24,413 to €9,485
of which Non-recurring financial income: -€18,462
- Financial charges -€3,126
down €3,126 (-32.7%), from €9,562 to €6,436
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 | €818,211 | €1,075,013 | +€256,802 | +31.4% |
| Fixed assets | 21/28 | €600,575 | €969,140 | +€368,566 | +61.4% |
| Tangible fixed assets | 22/27 | €451,839 | €820,404 | +€368,566 | +81.6% |
| Land and buildings | 22 | €451,839 | €820,404 | +€368,566 | +81.6% |
| Financial fixed assets | 28 | €148,736 | €148,736 | = | 0.0% |
| Current assets | 29/58 | €217,636 | €105,872 | -€111,764 | -51.4% |
| Amounts receivable after more than one year | 29 | €31,050 | €81,050 | +€50,000 | +161.0% |
| Other amounts receivable | 291 | €31,050 | €81,050 | +€50,000 | +161.0% |
| Amounts receivable within one year | 40/41 | €1,631 | €7,072 | +€5,441 | +333.7% |
| Trade receivables | 40 | €1,282 | - | -€1,282 | |
| Other amounts receivable | 41 | €349 | €7,072 | +€6,724 | +1928.7% |
| Current investments | 50/53 | €7,065 | €7,067 | +€2 | 0.0% |
| Cash at bank and in hand | 54/58 | €176,831 | €9,693 | -€167,138 | -94.5% |
| Deferred charges and accrued income | 490/1 | €1,059 | €989 | -€70 | -6.6% |
| Total equity and liabilities | 10/49 | €818,211 | €1,075,013 | +€256,802 | +31.4% |
| Equity | 10/15 | €555,393 | €563,381 | +€7,988 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €425,527 | €433,031 | +€7,505 | +1.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €131,279 | €124,784 | -€6,495 | -4.9% |
| Distributable reserves | 133 | €292,387 | €306,387 | +€14,000 | +4.8% |
| Profit (loss) carried forward | 14 | €111,266 | €111,750 | +€484 | +0.4% |
| Provisions and deferred taxes | 16 | €43,736 | €41,573 | -€2,163 | -4.9% |
| Deferred taxes | 168 | €43,736 | €41,573 | -€2,163 | -4.9% |
| Amounts payable | 17/49 | €219,082 | €470,058 | +€250,976 | +114.6% |
| Amounts payable after more than one year | 17 | €76,389 | €338,055 | +€261,667 | +342.5% |
| Financial debts | 170/4 | €76,389 | €338,055 | +€261,667 | +342.5% |
| Amounts payable within one year | 42/48 | €142,693 | €132,003 | -€10,690 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €37,195 | €36,667 | -€528 | -1.4% |
| Trade debts | 44 | €2,040 | €309 | -€1,731 | -84.8% |
| Suppliers | 440/4 | €2,040 | €309 | -€1,731 | -84.8% |
| Taxes, remuneration and social security | 45 | €14,537 | €1,073 | -€13,463 | -92.6% |
| Taxes | 450/3 | €14,537 | €1,073 | -€13,463 | -92.6% |
| Other amounts payable | 47/48 | €88,922 | €93,954 | +€5,032 | +5.7% |
| Non-recurring operating income | 76A | €85,296 | - | -€85,296 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,404 | €84,928 | +€49,524 | +139.9% |
| Other operating charges | 640/8 | €2,668 | €2,134 | -€534 | -20.0% |
| Gross operating margin | 9900 | €171,446 | €96,894 | -€74,552 | -43.5% |
| Operating profit (loss) | 9901 | €133,374 | €9,831 | -€123,543 | -92.6% |
| Financial income | 75/76B | €24,413 | €9,485 | -€14,928 | -61.1% |
| Recurring financial income | 75 | €1,337 | €4,871 | +€3,534 | +264.2% |
| Non-recurring financial income | 76B | €23,076 | €4,614 | -€18,462 | -80.0% |
| Financial charges | 65/66B | €9,562 | €6,436 | -€3,126 | -32.7% |
| Recurring financial charges | 65 | €9,562 | €6,436 | -€3,126 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €148,225 | €12,880 | -€135,345 | -91.3% |
| Transfer from deferred taxes | 780 | €1,944 | €2,163 | +€219 | +11.3% |
| Transfer to deferred taxes | 680 | €21,324 | - | -€21,324 | |
| Income taxes | 67/77 | €23,316 | €7,055 | -€16,261 | -69.7% |
| Profit (loss) for the period | 9904 | €105,530 | €7,988 | -€97,541 | -92.4% |
| Transfer from tax-exempt reserves | 789 | €5,838 | €6,495 | +€657 | +11.3% |
| Transfer to tax-exempt reserves | 689 | €63,972 | - | -€63,972 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,395 | €14,484 | -€32,912 | -69.4% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.