JOCABE: 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.
JOCABE
Largest movements
- Tangible fixed assets -€16,823
no longer reported in 2025 (was €16,823)
- Receivables within one year +€7,682
up €7,682 (+6.5%), from €118,287 to €125,969
- Reserves -€9,407
down €9,407 (-7.5%), from €125,279 to €115,872
of which Distributable reserves: -€9,407
- Gross operating margin -€11,835
down €11,835 (-60.6%), from €19,515 to €7,681
- Depreciation -€7,455
down €7,455 (-50.0%), from €14,912 to €7,457
- Taxes -€378
no longer reported in 2025 (was €378)
- Financial income +€197
new in 2025: €197
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €626,938 | €617,797 | -€9,141 | -1.5% |
| Fixed assets | 21/28 | €508,651 | €491,828 | -€16,823 | -3.3% |
| Tangible fixed assets | 22/27 | €16,823 | - | -€16,823 | |
| Land and buildings | 22 | €16,823 | - | -€16,823 | |
| Financial fixed assets | 28 | €491,828 | €491,828 | = | 0.0% |
| Current assets | 29/58 | €118,287 | €125,969 | +€7,682 | +6.5% |
| Amounts receivable within one year | 40/41 | €118,287 | €125,969 | +€7,682 | +6.5% |
| Other amounts receivable | 41 | €118,287 | €125,969 | +€7,682 | +6.5% |
| Total equity and liabilities | 10/49 | €626,938 | €617,797 | -€9,141 | -1.5% |
| Equity | 10/15 | €380,279 | €370,872 | -€9,407 | -2.5% |
| Contributions | 10/11 | €255,000 | €255,000 | = | 0.0% |
| Capital | 10 | €255,000 | €255,000 | = | 0.0% |
| Issued capital | 100 | €255,000 | €255,000 | = | 0.0% |
| Reserves | 13 | €125,279 | €115,872 | -€9,407 | -7.5% |
| Non-distributable reserves | 130/1 | €25,500 | €25,500 | = | 0.0% |
| Legal reserve | 130 | €25,500 | €25,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €43,500 | €43,500 | = | 0.0% |
| Distributable reserves | 133 | €56,279 | €46,872 | -€9,407 | -16.7% |
| Amounts payable | 17/49 | €246,659 | €246,925 | +€266 | +0.1% |
| Amounts payable within one year | 42/48 | €246,659 | €246,925 | +€266 | +0.1% |
| Trade debts | 44 | €197 | €378 | +€181 | +91.9% |
| Suppliers | 440/4 | €197 | €378 | +€181 | +91.9% |
| Taxes, remuneration and social security | 45 | €378 | - | -€378 | |
| Taxes | 450/3 | €378 | - | -€378 | |
| Other amounts payable | 47/48 | €246,084 | €246,547 | +€463 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,912 | €7,457 | -€7,455 | -50.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Non-recurring operating charges | 66A | - | €9,366 | +€9,366 | |
| Gross operating margin | 9900 | €19,515 | €7,681 | -€11,835 | -60.6% |
| Operating profit (loss) | 9901 | €4,154 | -€9,604 | -€13,758 | |
| Financial income | 75/76B | - | €197 | +€197 | |
| Recurring financial income | 75 | - | €197 | +€197 | |
| Profit (loss) for the period before taxes | 9903 | €4,154 | -€9,407 | -€13,562 | |
| Income taxes | 67/77 | €378 | - | -€378 | |
| Profit (loss) for the period | 9904 | €3,777 | -€9,407 | -€13,184 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,777 | -€9,407 | -€13,184 |
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.