JOCANA: 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.
JOCANA
Largest movements
- Tangible fixed assets +€304,142
up €304,142 (+65.4%), from €465,287 to €769,429
of which Land and buildings: +€319,705
- Cash -€118,337
down €118,337 (-52.8%), from €224,194 to €105,856
mainly Investment in fixed assets (net) (-€416,586) and Net result for the year (-€98,048)
- Receivables within one year -€19,950
down €19,950 (-92.5%), from €21,558 to €1,608
of which Trade receivables: -€19,950
- Debts after one year +€270,164
up €270,164 (+266%), from €101,457 to €371,621
- Profit (loss) carried forward -€80,378
down €80,378 (-260%), from -€30,869 to -€111,247
- Contributions -€20,000
down €20,000 (-28.0%), from €71,500 to €51,500
- Reserves -€17,670
down €17,670 (-4.0%), from €438,244 to €420,575
of which Tax-exempt reserves: -€17,670
- Current portion of long-term debt +€10,670
up €10,670 (+80.4%), from €13,269 to €23,939
- Depreciation +€78,486
up €78,486 (+231%), from €33,958 to €112,444
- Gross operating margin -€8,982
down €8,982 (-28.4%), from €31,600 to €22,617
- Financial charges +€7,244
up €7,244 (+274%), from €2,641 to €9,884
- Taxes -€3,241
down €3,241 (-95.0%), from €3,410 to €169
- Other operating charges -€1,901
down €1,901 (-30.3%), from €6,270 to €4,369
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 | €713,218 | €878,625 | +€165,407 | +23.2% |
| Fixed assets | 21/28 | €465,287 | €769,429 | +€304,142 | +65.4% |
| Tangible fixed assets | 22/27 | €465,287 | €769,429 | +€304,142 | +65.4% |
| Land and buildings | 22 | €428,659 | €748,364 | +€319,705 | +74.6% |
| Plant, machinery and equipment | 23 | €12,970 | €9,609 | -€3,361 | -25.9% |
| Furniture and vehicles | 24 | €23,658 | €11,456 | -€12,202 | -51.6% |
| Current assets | 29/58 | €247,931 | €109,196 | -€138,735 | -56.0% |
| Amounts receivable within one year | 40/41 | €21,558 | €1,608 | -€19,950 | -92.5% |
| Trade receivables | 40 | €21,450 | €1,500 | -€19,950 | -93.0% |
| Other amounts receivable | 41 | €108 | €108 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €224,194 | €105,856 | -€118,337 | -52.8% |
| Deferred charges and accrued income | 490/1 | €2,179 | €1,732 | -€447 | -20.5% |
| Total equity and liabilities | 10/49 | €713,218 | €878,625 | +€165,407 | +23.2% |
| Equity | 10/15 | €478,875 | €360,828 | -€118,048 | -24.7% |
| Contributions | 10/11 | €71,500 | €51,500 | -€20,000 | -28.0% |
| Reserves | 13 | €438,244 | €420,575 | -€17,670 | -4.0% |
| Tax-exempt reserves | 132 | €315,732 | €298,063 | -€17,670 | -5.6% |
| Distributable reserves | 133 | €122,512 | €122,512 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,869 | -€111,247 | -€80,378 | -260% |
| Provisions and deferred taxes | 16 | €105,244 | €99,354 | -€5,890 | -5.6% |
| Deferred taxes | 168 | €105,244 | €99,354 | -€5,890 | -5.6% |
| Amounts payable | 17/49 | €129,098 | €418,443 | +€289,345 | +224% |
| Amounts payable after more than one year | 17 | €101,457 | €371,621 | +€270,164 | +266% |
| Financial debts | 170/4 | €101,457 | €371,621 | +€270,164 | +266% |
| Amounts payable within one year | 42/48 | €27,641 | €45,522 | +€17,881 | +64.7% |
| Current portion of amounts payable after more than one year | 42 | €13,269 | €23,939 | +€10,670 | +80.4% |
| Trade debts | 44 | €3,911 | €6,878 | +€2,968 | +75.9% |
| Suppliers | 440/4 | €3,911 | €6,878 | +€2,968 | +75.9% |
| Taxes, remuneration and social security | 45 | €2,913 | €200 | -€2,713 | -93.1% |
| Taxes | 450/3 | €2,913 | €200 | -€2,713 | -93.1% |
| Other amounts payable | 47/48 | €7,549 | €14,504 | +€6,956 | +92.1% |
| Accrued charges and deferred income | 492/3 | - | €1,300 | +€1,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,958 | €112,444 | +€78,486 | +231% |
| Other operating charges | 640/8 | €6,270 | €4,369 | -€1,901 | -30.3% |
| Gross operating margin | 9900 | €31,600 | €22,617 | -€8,982 | -28.4% |
| Operating profit (loss) | 9901 | -€8,628 | -€94,196 | -€85,568 | -992% |
| Financial income | 75/76B | €1,659 | €312 | -€1,347 | -81.2% |
| Recurring financial income | 75 | €1,659 | €312 | -€1,347 | -81.2% |
| Financial charges | 65/66B | €2,641 | €9,884 | +€7,244 | +274% |
| Recurring financial charges | 65 | €2,641 | €9,884 | +€7,244 | +274% |
| Profit (loss) for the period before taxes | 9903 | -€9,610 | -€103,769 | -€94,158 | -980% |
| Transfer from deferred taxes | 780 | €4,796 | €5,890 | +€1,094 | +22.8% |
| Income taxes | 67/77 | €3,410 | €169 | -€3,241 | -95.0% |
| Profit (loss) for the period | 9904 | -€8,225 | -€98,048 | -€89,823 | -1,092% |
| Transfer from tax-exempt reserves | 789 | €14,388 | €17,670 | +€3,282 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,163 | -€80,378 | -€86,541 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.