JOCH: 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.
JOCH
Largest movements
- Current assets -€2,735
down €2,735 (-9.0%), from €30,226 to €27,491
- Tangible fixed assets -€605
down €605 (-21.5%), from €2,814 to €2,210
- Equity -€1,821
down €1,821 (-7.8%), from €23,249 to €21,428
of which Profit (loss) carried forward: -€1,821
- Debts -€1,518
down €1,518 (-15.5%), from €9,791 to €8,273
of which Debts within one year: -€1,518
- Gross operating margin -€14,796
down €14,796 (-97.7%), from €15,140 to €344
- Taxes -€3,080
down €3,080 (-82.4%), from €3,739 to €660
- Other operating charges +€897
new in 2021: €897
From the 2020 result to the 2021 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 | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,040 | €29,700 | -€3,340 | -10.1% |
| Fixed assets | 21/28 | €2,814 | €2,210 | -€605 | -21.5% |
| Tangible fixed assets | 22/27 | €2,814 | €2,210 | -€605 | -21.5% |
| Land and buildings | 22 | - | €2,210 | +€2,210 | |
| Current assets | 29/58 | €30,226 | €27,491 | -€2,735 | -9.0% |
| Amounts receivable within one year | 40/41 | €20,322 | €19,405 | -€917 | -4.5% |
| Trade receivables | 40 | - | €19,405 | +€19,405 | |
| Cash at bank and in hand | 54/58 | €8,745 | €7,904 | -€841 | -9.6% |
| Deferred charges and accrued income | 490/1 | - | €182 | +€182 | |
| Total equity and liabilities | 10/49 | €33,040 | €29,700 | -€3,340 | -10.1% |
| Equity | 10/15 | €23,249 | €21,428 | -€1,821 | -7.8% |
| Contributions | 10/11 | - | €250 | +€250 | |
| Reserves | 13 | €3,330 | €3,330 | = | 0.0% |
| Distributable reserves | 133 | - | €3,330 | +€3,330 | |
| Profit (loss) carried forward | 14 | €19,669 | €17,848 | -€1,821 | -9.3% |
| Amounts payable | 17/49 | €9,791 | €8,273 | -€1,518 | -15.5% |
| Amounts payable within one year | 42/48 | €9,641 | €8,123 | -€1,518 | -15.7% |
| Taxes, remuneration and social security | 45 | - | €7,221 | +€7,221 | |
| Taxes | 450/3 | - | €7,221 | +€7,221 | |
| Other amounts payable | 47/48 | - | €901 | +€901 | |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €605 | = | 0.0% |
| Other operating charges | 640/8 | - | €897 | +€897 | |
| Gross operating margin | 9900 | €15,140 | €344 | -€14,796 | -97.7% |
| Operating profit (loss) | 9901 | €14,032 | -€1,158 | -€15,190 | |
| Financial income | 75/76B | - | €70 | +€70 | |
| Recurring financial income | 75 | - | €70 | +€70 | |
| Financial charges | 65/66B | - | €73 | +€73 | |
| Recurring financial charges | 65 | €67 | €73 | +€6 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €13,965 | -€1,161 | -€15,126 | |
| Income taxes | 67/77 | €3,739 | €660 | -€3,080 | -82.4% |
| Profit (loss) for the period | 9904 | €10,226 | -€1,821 | -€12,047 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,226 | -€1,821 | -€12,047 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.