JOCINTHO: 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.
JOCINTHO
Largest movements
- Cash -€20,833
down €20,833 (-23.8%), from €87,556 to €66,723
mainly Receivables within one year (-€12,940) and Deferred charges and accrued income (-€8,371)
- Receivables within one year +€12,940
up €12,940 (+105.8%), from €12,234 to €25,174
of which Other amounts receivable: +€18,990
- Deferred charges and accrued income +€8,371
new in 2025: €8,371
- Tax, wage and social debts -€1,560
down €1,560 (-15.5%), from €10,032 to €8,472
- Reserves +€1,357
up €1,357 (+1.7%), from €79,896 to €81,253
- Gross operating margin -€109,768
down €109,768 (-95.9%), from €114,492 to €4,724
- Taxes -€30,119
down €30,119 (-92.6%), from €32,519 to €2,400
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 | €101,288 | €101,447 | +€159 | +0.2% |
| Fixed assets | 21/28 | €1,498 | €1,178 | -€320 | -21.4% |
| Tangible fixed assets | 22/27 | €1,498 | €1,178 | -€320 | -21.4% |
| Furniture and vehicles | 24 | €1,498 | €1,178 | -€320 | -21.4% |
| Current assets | 29/58 | €99,790 | €100,269 | +€479 | +0.5% |
| Amounts receivable within one year | 40/41 | €12,234 | €25,174 | +€12,940 | +105.8% |
| Trade receivables | 40 | €12,100 | €6,050 | -€6,050 | -50.0% |
| Other amounts receivable | 41 | €134 | €19,124 | +€18,990 | +14181.2% |
| Cash at bank and in hand | 54/58 | €87,556 | €66,723 | -€20,833 | -23.8% |
| Deferred charges and accrued income | 490/1 | - | €8,371 | +€8,371 | |
| Total equity and liabilities | 10/49 | €101,288 | €101,447 | +€159 | +0.2% |
| Equity | 10/15 | €89,896 | €91,253 | +€1,357 | +1.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €79,896 | €81,253 | +€1,357 | +1.7% |
| Distributable reserves | 133 | €79,896 | €81,253 | +€1,357 | +1.7% |
| Amounts payable | 17/49 | €11,392 | €10,194 | -€1,199 | -10.5% |
| Amounts payable within one year | 42/48 | €11,392 | €10,194 | -€1,199 | -10.5% |
| Trade debts | 44 | €1,360 | €1,722 | +€361 | +26.5% |
| Suppliers | 440/4 | €1,360 | €1,722 | +€361 | +26.5% |
| Taxes, remuneration and social security | 45 | €10,032 | €8,472 | -€1,560 | -15.5% |
| Taxes | 450/3 | €10,032 | €8,472 | -€1,560 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,195 | €320 | -€875 | -73.2% |
| Other operating charges | 640/8 | €890 | €848 | -€42 | -4.7% |
| Gross operating margin | 9900 | €114,492 | €4,724 | -€109,768 | -95.9% |
| Operating profit (loss) | 9901 | €112,407 | €3,557 | -€108,851 | -96.8% |
| Financial income | 75/76B | €7 | €311 | +€304 | +4264.6% |
| Recurring financial income | 75 | €7 | €311 | +€304 | +4264.6% |
| Financial charges | 65/66B | - | €110 | +€110 | |
| Recurring financial charges | 65 | - | €110 | +€110 | |
| Profit (loss) for the period before taxes | 9903 | €112,415 | €3,758 | -€108,657 | -96.7% |
| Income taxes | 67/77 | €32,519 | €2,400 | -€30,119 | -92.6% |
| Profit (loss) for the period | 9904 | €79,896 | €1,357 | -€78,538 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,896 | €1,357 | -€78,538 | -98.3% |
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 11 October 2026 via checked.be.