JOCHIE: what changed
Two fiscal 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.
JOCHIE
Largest movements
- Cash -€369,200
down €369,200 (-88.8%), from €415,675 to €46,475
mainly Debts after one year (-€354,800) and Net result for the year (-€224,021)
- Stocks and contracts -€102,518
down €102,518 (-59.3%), from €172,827 to €70,309
- Tangible fixed assets -€79,300
down €79,300 (-9.0%), from €881,469 to €802,169
- Receivables within one year +€53,477
up €53,477 (+33.5%), from €159,845 to €213,322
of which Trade receivables: +€59,811
- Debts after one year -€354,800
down €354,800 (-81.3%), from €436,421 to €81,621
of which Other amounts payable: -€397,000
- Profit (loss) carried forward -€224,021
down €224,021 (-57.8%), from -€387,283 to -€611,304
- Tax, wage and social debts +€26,677
up €26,677 (+103883.3%), from €26 to €26,703
- Other debts +€24,613
up €24,613 (+4.9%), from €499,081 to €523,694
- Current portion of long-term debt +€19,749
up €19,749 (+207.6%), from €9,511 to €29,260
- Gross operating margin -€109,255
down €109,255 (-525.1%), from -€20,808 to -€130,063
- Other operating charges +€30,638
up €30,638 (+1006.5%), from €3,044 to €33,682
- Financial income +€3,465
up €3,465 (+84.3%), from €4,109 to €7,574
- Write-downs -€1,469
down €1,469 (-100.0%), from €1,469 to €0
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 | €1,642,706 | €1,136,429 | -€506,276 | -30.8% |
| Fixed assets | 21/28 | €882,519 | €803,219 | -€79,300 | -9.0% |
| Tangible fixed assets | 22/27 | €881,469 | €802,169 | -€79,300 | -9.0% |
| Land and buildings | 22 | €760,794 | €726,732 | -€34,062 | -4.5% |
| Plant, machinery and equipment | 23 | €100,749 | €75,437 | -€25,313 | -25.1% |
| Furniture and vehicles | 24 | €19,925 | €0 | -€19,925 | -100.0% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €760,187 | €333,211 | -€426,976 | -56.2% |
| Stocks and contracts in progress | 3 | €172,827 | €70,309 | -€102,518 | -59.3% |
| Stocks | 30/36 | €172,827 | €70,309 | -€102,518 | -59.3% |
| Amounts receivable within one year | 40/41 | €159,845 | €213,322 | +€53,477 | +33.5% |
| Trade receivables | 40 | €48,261 | €108,072 | +€59,811 | +123.9% |
| Other amounts receivable | 41 | €111,584 | €105,250 | -€6,334 | -5.7% |
| Cash at bank and in hand | 54/58 | €415,675 | €46,475 | -€369,200 | -88.8% |
| Deferred charges and accrued income | 490/1 | €11,840 | €3,105 | -€8,736 | -73.8% |
| Total equity and liabilities | 10/49 | €1,642,706 | €1,136,429 | -€506,276 | -30.8% |
| Equity | 10/15 | €674,320 | €450,299 | -€224,021 | -33.2% |
| Contributions | 10/11 | €765,900 | €765,900 | = | 0.0% |
| Reserves | 13 | €295,703 | €295,703 | = | 0.0% |
| Distributable reserves | 133 | €295,703 | €295,703 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€387,283 | -€611,304 | -€224,021 | -57.8% |
| Amounts payable | 17/49 | €968,385 | €686,130 | -€282,255 | -29.1% |
| Amounts payable after more than one year | 17 | €436,421 | €81,621 | -€354,800 | -81.3% |
| Financial debts | 170/4 | €31,421 | €73,621 | +€42,200 | +134.3% |
| Other amounts payable | 178/9 | €405,000 | €8,000 | -€397,000 | -98.0% |
| Amounts payable within one year | 42/48 | €531,964 | €604,509 | +€72,545 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €9,511 | €29,260 | +€19,749 | +207.6% |
| Trade debts | 44 | €23,346 | €24,852 | +€1,506 | +6.4% |
| Suppliers | 440/4 | €23,346 | €24,852 | +€1,506 | +6.4% |
| Taxes, remuneration and social security | 45 | €26 | €26,703 | +€26,677 | +103883.3% |
| Taxes | 450/3 | €26 | €26,703 | +€26,677 | +103883.3% |
| Other amounts payable | 47/48 | €499,081 | €523,694 | +€24,613 | +4.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,611 | €57,186 | +€575 | +1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,469 | €0 | -€1,469 | -100.0% |
| Other operating charges | 640/8 | €3,044 | €33,682 | +€30,638 | +1006.5% |
| Gross operating margin | 9900 | -€20,808 | -€130,063 | -€109,255 | -525.1% |
| Operating profit (loss) | 9901 | -€81,932 | -€220,931 | -€138,998 | -169.7% |
| Financial income | 75/76B | €4,109 | €7,574 | +€3,465 | +84.3% |
| Recurring financial income | 75 | €4,109 | €7,574 | +€3,465 | +84.3% |
| Financial charges | 65/66B | €9,732 | €10,423 | +€691 | +7.1% |
| Recurring financial charges | 65 | €9,732 | €10,423 | +€691 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | -€87,555 | -€223,780 | -€136,225 | -155.6% |
| Income taxes | 67/77 | €198 | €242 | +€43 | +21.9% |
| Profit (loss) for the period | 9904 | -€87,753 | -€224,021 | -€136,268 | -155.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€87,753 | -€224,021 | -€136,268 | -155.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.