JOCAN: 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.
JOCAN
Largest movements
- Cash +€18,650
up €18,650 (+30.7%), from €60,708 to €79,359
mainly Net result for the year (+€31,222) and Accrued charges and deferred income (+€4,634)
- Reserves +€13,722
up €13,722 (+11.6%), from €118,681 to €132,403
- Accrued charges and deferred income +€4,634
up €4,634 (+818%), from €566 to €5,200
- Other debts -€4,000
down €4,000 (-18.6%), from €21,552 to €17,552
- Tax, wage and social debts +€2,538
up €2,538, from €0 to €2,538
- Gross operating margin +€11,165
up €11,165 (+27.2%), from €41,018 to €52,183
- Taxes +€4,749
up €4,749 (+43.8%), from €10,848 to €15,597
- Depreciation -€4,007
down €4,007 (-69.1%), from €5,800 to €1,793
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 | €159,734 | €176,625 | +€16,891 | +10.6% |
| Fixed assets | 21/28 | €77,956 | €76,163 | -€1,793 | -2.3% |
| Intangible fixed assets | 21 | €1,315 | €0 | -€1,315 | -100% |
| Tangible fixed assets | 22/27 | €1,641 | €1,163 | -€478 | -29.1% |
| Plant, machinery and equipment | 23 | €1,641 | €1,163 | -€478 | -29.1% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €81,778 | €100,462 | +€18,684 | +22.8% |
| Amounts receivable within one year | 40/41 | €19,849 | €19,841 | -€8 | 0.0% |
| Trade receivables | 40 | €17,660 | €18,687 | +€1,027 | +5.8% |
| Other amounts receivable | 41 | €2,189 | €1,154 | -€1,035 | -47.3% |
| Cash at bank and in hand | 54/58 | €60,708 | €79,359 | +€18,650 | +30.7% |
| Deferred charges and accrued income | 490/1 | €1,221 | €1,263 | +€42 | +3.5% |
| Total equity and liabilities | 10/49 | €159,734 | €176,625 | +€16,891 | +10.6% |
| Equity | 10/15 | €137,281 | €151,003 | +€13,722 | +10.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,681 | €132,403 | +€13,722 | +11.6% |
| Distributable reserves | 133 | €118,681 | €132,403 | +€13,722 | +11.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,452 | €25,622 | +€3,170 | +14.1% |
| Amounts payable within one year | 42/48 | €21,886 | €20,422 | -€1,464 | -6.7% |
| Trade debts | 44 | €334 | €332 | -€2 | -0.5% |
| Suppliers | 440/4 | €334 | €332 | -€2 | -0.5% |
| Taxes, remuneration and social security | 45 | €0 | €2,538 | +€2,538 | |
| Taxes | 450/3 | €0 | €2,538 | +€2,538 | |
| Other amounts payable | 47/48 | €21,552 | €17,552 | -€4,000 | -18.6% |
| Accrued charges and deferred income | 492/3 | €566 | €5,200 | +€4,634 | +818% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,800 | €1,793 | -€4,007 | -69.1% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €41,018 | €52,183 | +€11,165 | +27.2% |
| Operating profit (loss) | 9901 | €34,689 | €49,846 | +€15,156 | +43.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -94.1% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -94.1% |
| Financial charges | 65/66B | €2,701 | €3,027 | +€326 | +12.1% |
| Recurring financial charges | 65 | €2,701 | €3,027 | +€326 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €31,988 | €46,818 | +€14,830 | +46.4% |
| Income taxes | 67/77 | €10,848 | €15,597 | +€4,749 | +43.8% |
| Profit (loss) for the period | 9904 | €21,140 | €31,222 | +€10,081 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,140 | €31,222 | +€10,081 | +47.7% |
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 14 October 2026 via checked.be.