JOCAFIN: 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.
JOCAFIN
Largest movements
- Cash +€34,878
up €34,878 (+84.7%), from €41,203 to €76,081
mainly Net result for the year (+€92,818) and Other debts (+€29,038)
- Receivables within one year -€5,800
down €5,800 (-100.0%), from €5,800 to €0
- Tangible fixed assets +€1,729
up €1,729 (+2.6%), from €66,134 to €67,862
of which Other tangible fixed assets: +€16,791
- Other debts +€29,038
up €29,038 (+49.5%), from €58,668 to €87,706
- Debts after one year -€18,092
down €18,092 (-74.6%), from €24,260 to €6,168
- Tax, wage and social debts +€16,588
up €16,588 (+510.4%), from €3,250 to €19,839
of which Taxes: +€16,585
- Profit (loss) carried forward +€1,745
up €1,745 (+139.0%), from €1,255 to €3,000
- Current portion of long-term debt +€1,501
up €1,501 (+6.0%), from €24,924 to €26,425
- Financial charges -€96,717
down €96,717 (-98.2%), from €98,451 to €1,734
of which Non-recurring financial charges: -€95,932
- Gross operating margin +€24,987
up €24,987 (+20.9%), from €119,618 to €144,605
- Taxes +€6,427
up €6,427 (+30.2%), from €21,309 to €27,736
- Depreciation +€3,176
up €3,176 (+18.0%), from €17,670 to €20,846
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 | €114,776 | €145,243 | +€30,468 | +26.5% |
| Formation expenses | 20 | €339 | €0 | -€339 | -100.0% |
| Fixed assets | 21/28 | €67,434 | €69,162 | +€1,729 | +2.6% |
| Tangible fixed assets | 22/27 | €66,134 | €67,862 | +€1,729 | +2.6% |
| Plant, machinery and equipment | 23 | €1,730 | €1,348 | -€382 | -22.1% |
| Furniture and vehicles | 24 | €50,037 | €35,357 | -€14,680 | -29.3% |
| Other tangible fixed assets | 26 | €14,367 | €31,157 | +€16,791 | +116.9% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €47,003 | €76,081 | +€29,078 | +61.9% |
| Amounts receivable within one year | 40/41 | €5,800 | €0 | -€5,800 | -100.0% |
| Other amounts receivable | 41 | €5,800 | €0 | -€5,800 | -100.0% |
| Cash at bank and in hand | 54/58 | €41,203 | €76,081 | +€34,878 | +84.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €114,776 | €145,243 | +€30,468 | +26.5% |
| Equity | 10/15 | €3,255 | €5,000 | +€1,745 | +53.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,255 | €3,000 | +€1,745 | +139.0% |
| Amounts payable | 17/49 | €111,520 | €140,243 | +€28,723 | +25.8% |
| Amounts payable after more than one year | 17 | €24,260 | €6,168 | -€18,092 | -74.6% |
| Financial debts | 170/4 | €24,260 | €6,168 | -€18,092 | -74.6% |
| Amounts payable within one year | 42/48 | €87,260 | €134,075 | +€46,815 | +53.6% |
| Current portion of amounts payable after more than one year | 42 | €24,924 | €26,425 | +€1,501 | +6.0% |
| Trade debts | 44 | €418 | €106 | -€312 | -74.8% |
| Suppliers | 440/4 | €418 | €106 | -€312 | -74.8% |
| Taxes, remuneration and social security | 45 | €3,250 | €19,839 | +€16,588 | +510.4% |
| Taxes | 450/3 | €1,100 | €17,685 | +€16,585 | +1507.8% |
| Remuneration and social security | 454/9 | €2,150 | €2,153 | +€3 | +0.1% |
| Other amounts payable | 47/48 | €58,668 | €87,706 | +€29,038 | +49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,670 | €20,846 | +€3,176 | +18.0% |
| Other operating charges | 640/8 | €604 | €1,471 | +€867 | +143.5% |
| Gross operating margin | 9900 | €119,618 | €144,605 | +€24,987 | +20.9% |
| Operating profit (loss) | 9901 | €101,344 | €122,288 | +€20,944 | +20.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €98,451 | €1,734 | -€96,717 | -98.2% |
| Recurring financial charges | 65 | €2,519 | €1,734 | -€785 | -31.2% |
| Non-recurring financial charges | 66B | €95,932 | €0 | -€95,932 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €2,893 | €120,554 | +€117,661 | +4067.5% |
| Income taxes | 67/77 | €21,309 | €27,736 | +€6,427 | +30.2% |
| Profit (loss) for the period | 9904 | -€18,417 | €92,818 | +€111,235 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,417 | €92,818 | +€111,235 |
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 9 October 2026 via checked.be.