JOCHEMS PROJECT MANAGEMENT: what changed
JOCHEMS PROJECT MANAGEMENT
Largest movements
- Stocks and contracts -€360,710
down €360,710 (-100%), from €360,710 to €0
- Cash +€131,912
up €131,912 (+1,091%), from €12,088 to €144,000
mainly Stocks and contracts (+€360,710) and Net result for the year (+€28,733)
- Receivables within one year -€18,286
down €18,286 (-42.7%), from €42,866 to €24,579
of which Trade receivables: -€23,617
- Tangible fixed assets -€14,559
down €14,559 (-4.8%), from €301,260 to €286,702
of which Land and buildings: -€8,765
- Short-term financial debts -€228,141
down €228,141 (-97.8%), from €233,179 to €5,037
- Reserves +€28,733
up €28,733 (+77.4%), from €37,107 to €65,840
of which Distributable reserves: +€28,733
- Trade debts -€20,403
down €20,403 (-87.8%), from €23,240 to €2,836
- Debts after one year -€15,724
down €15,724 (-8.2%), from €192,209 to €176,485
- Other debts -€14,495
down €14,495 (-8.7%), from €166,957 to €152,462
- Depreciation -€8,864
down €8,864 (-45.2%), from €19,598 to €10,735
- Gross operating margin -€5,295
down €5,295 (-6.8%), from €77,797 to €72,502
- Other operating charges +€4,252
new in 2025: €4,252
- Taxes -€2,106
down €2,106 (-22.6%), from €9,327 to €7,221
- Financial charges +€1,461
up €1,461 (+7.2%), from €20,265 to €21,726
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €720,722 | €460,821 | -€259,901 | -36.1% |
| Fixed assets | 21/28 | €301,260 | €286,702 | -€14,559 | -4.8% |
| Tangible fixed assets | 22/27 | €301,260 | €286,702 | -€14,559 | -4.8% |
| Land and buildings | 22 | €288,529 | €279,764 | -€8,765 | -3.0% |
| Plant, machinery and equipment | 23 | €4,839 | €5,677 | +€838 | +17.3% |
| Furniture and vehicles | 24 | €7,892 | €1,260 | -€6,632 | -84.0% |
| Current assets | 29/58 | €419,462 | €174,119 | -€245,343 | -58.5% |
| Stocks and contracts in progress | 3 | €360,710 | €0 | -€360,710 | -100% |
| Stocks | 30/36 | €360,710 | €0 | -€360,710 | -100% |
| Amounts receivable within one year | 40/41 | €42,866 | €24,579 | -€18,286 | -42.7% |
| Trade receivables | 40 | €42,193 | €18,576 | -€23,617 | -56.0% |
| Other amounts receivable | 41 | €673 | €6,003 | +€5,330 | +792% |
| Cash at bank and in hand | 54/58 | €12,088 | €144,000 | +€131,912 | +1,091% |
| Deferred charges and accrued income | 490/1 | €3,799 | €5,540 | +€1,741 | +45.8% |
| Total equity and liabilities | 10/49 | €720,722 | €460,821 | -€259,901 | -36.1% |
| Equity | 10/15 | €55,707 | €84,440 | +€28,733 | +51.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,107 | €65,840 | +€28,733 | +77.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,247 | €63,980 | +€28,733 | +81.5% |
| Amounts payable | 17/49 | €665,015 | €376,381 | -€288,634 | -43.4% |
| Amounts payable after more than one year | 17 | €192,209 | €176,485 | -€15,724 | -8.2% |
| Financial debts | 170/4 | €192,209 | €176,485 | -€15,724 | -8.2% |
| Amounts payable within one year | 42/48 | €472,806 | €198,881 | -€273,925 | -57.9% |
| Current portion of amounts payable after more than one year | 42 | €16,512 | €15,724 | -€788 | -4.8% |
| Financial debts | 43 | €233,179 | €5,037 | -€228,141 | -97.8% |
| Credit institutions | 430/8 | €233,179 | €5,037 | -€228,141 | -97.8% |
| Trade debts | 44 | €23,240 | €2,836 | -€20,403 | -87.8% |
| Suppliers | 440/4 | €23,240 | €2,836 | -€20,403 | -87.8% |
| Taxes, remuneration and social security | 45 | €32,919 | €22,822 | -€10,097 | -30.7% |
| Taxes | 450/3 | €32,919 | €22,822 | -€10,097 | -30.7% |
| Other amounts payable | 47/48 | €166,957 | €152,462 | -€14,495 | -8.7% |
| Accrued charges and deferred income | 492/3 | - | €1,014 | +€1,014 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,598 | €10,735 | -€8,864 | -45.2% |
| Other operating charges | 640/8 | - | €4,252 | +€4,252 | |
| Gross operating margin | 9900 | €77,797 | €72,502 | -€5,295 | -6.8% |
| Operating profit (loss) | 9901 | €58,199 | €57,516 | -€683 | -1.2% |
| Financial income | 75/76B | €592 | €165 | -€427 | -72.2% |
| Recurring financial income | 75 | €592 | €165 | -€427 | -72.2% |
| Financial charges | 65/66B | €20,265 | €21,726 | +€1,461 | +7.2% |
| Recurring financial charges | 65 | €20,265 | €21,726 | +€1,461 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €38,525 | €35,954 | -€2,572 | -6.7% |
| Income taxes | 67/77 | €9,327 | €7,221 | -€2,106 | -22.6% |
| Profit (loss) for the period | 9904 | €29,198 | €28,733 | -€465 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,198 | €28,733 | -€465 | -1.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.