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JOCOOL: 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.

What changed

JOCOOL

BE 0792.437.738
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€25,848
2023 · €61,091-€35,243
Equity
€89,938
2023 · €64,091+€25,848
Cash
€72,169
2023 · €79,438-€7,269
Balance sheet total
€137,084
2023 · €149,142-€12,058

Largest movements

2023 to 2024
Assets
  • Cash -€7,269

    down €7,269 (-9.2%), from €79,438 to €72,169

    mainly Trade debts (-€26,753) and Debts after one year (-€10,969)

  • Tangible fixed assets -€5,817

    down €5,817 (-17.8%), from €32,594 to €26,778

    of which Furniture and vehicles: -€7,310

Equity and liabilities
  • Trade debts -€26,753

    down €26,753 (-64.1%), from €41,751 to €14,998

  • Reserves +€25,000

    new in 2024: €25,000

  • Debts after one year -€10,969

    down €10,969 (-66.8%), from €16,432 to €5,463

  • Other debts +€3,965

    up €3,965 (+78.5%), from €5,049 to €9,014

  • Tax, wage and social debts -€2,423

    down €2,423 (-72.0%), from €3,365 to €941

    of which Taxes: -€3,271

Income statement
  • Gross operating margin -€25,021

    down €25,021 (-27.6%), from €90,568 to €65,547

  • Staff costs +€10,814

    up €10,814 (+412.1%), from €2,624 to €13,438

  • Taxes -€1,567

    down €1,567 (-10.2%), from €15,440 to €13,873

  • Depreciation +€1,083

    up €1,083 (+12.6%), from €8,594 to €9,677

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €61,091
Gross operating margin -€25,021
Staff costs -€10,814
Depreciation -€1,083
Other operating charges +€31
Financial income +€121
Financial charges -€45
Taxes +€1,567
Result 2024 €25,848

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€9,885
Investment -€4,460
Financing -€12,694
Cash 2023 €79,438
Net result for the year +€25,848
Depreciation +€9,677
Receivables within one year -€4
Deferred charges and accrued income -€425
Trade debts -€26,753
Tax, wage and social debts -€2,423
Other debts +€3,965
Investment in fixed assets (net) -€4,460
Debts after one year -€10,969
Current portion of long-term debt -€1,725
Cash 2024 €72,169
Every line side by side 42 lines
Line Code 2023 2024 Change %
Total assets 20/58 €149,142 €137,084 -€12,058 -8.1%
Fixed assets 21/28 €32,594 €27,378 -€5,217 -16.0%
Tangible fixed assets 22/27 €32,594 €26,778 -€5,817 -17.8%
Plant, machinery and equipment 23 €1,590 €3,083 +€1,493 +93.9%
Furniture and vehicles 24 €31,004 €23,694 -€7,310 -23.6%
Financial fixed assets 28 - €600 +€600
Current assets 29/58 €116,547 €109,706 -€6,841 -5.9%
Amounts receivable within one year 40/41 €36,029 €36,033 +€4 0.0%
Trade receivables 40 €12,433 €9,552 -€2,880 -23.2%
Other amounts receivable 41 €23,596 €26,480 +€2,884 +12.2%
Cash at bank and in hand 54/58 €79,438 €72,169 -€7,269 -9.2%
Deferred charges and accrued income 490/1 €1,081 €1,505 +€425 +39.3%
Total equity and liabilities 10/49 €149,142 €137,084 -€12,058 -8.1%
Equity 10/15 €64,091 €89,938 +€25,848 +40.3%
Contributions 10/11 €3,000 €3,000 = 0.0%
Reserves 13 - €25,000 +€25,000
Distributable reserves 133 - €25,000 +€25,000
Profit (loss) carried forward 14 €61,091 €61,938 +€848 +1.4%
Amounts payable 17/49 €85,051 €47,146 -€37,906 -44.6%
Amounts payable after more than one year 17 €16,432 €5,463 -€10,969 -66.8%
Financial debts 170/4 €16,432 €5,463 -€10,969 -66.8%
Amounts payable within one year 42/48 €68,619 €41,682 -€26,937 -39.3%
Current portion of amounts payable after more than one year 42 €18,454 €16,729 -€1,725 -9.3%
Trade debts 44 €41,751 €14,998 -€26,753 -64.1%
Suppliers 440/4 €41,751 €14,998 -€26,753 -64.1%
Taxes, remuneration and social security 45 €3,365 €941 -€2,423 -72.0%
Taxes 450/3 €3,271 - -€3,271
Remuneration and social security 454/9 €93 €941 +€848 +908.5%
Other amounts payable 47/48 €5,049 €9,014 +€3,965 +78.5%
Remuneration, social security and pensions 62 €2,624 €13,438 +€10,814 +412.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,594 €9,677 +€1,083 +12.6%
Other operating charges 640/8 €348 €317 -€31 -9.0%
Gross operating margin 9900 €90,568 €65,547 -€25,021 -27.6%
Operating profit (loss) 9901 €79,002 €42,116 -€36,886 -46.7%
Financial income 75/76B €32 €153 +€121 +383.2%
Recurring financial income 75 €32 €153 +€121 +383.2%
Financial charges 65/66B €2,504 €2,548 +€45 +1.8%
Recurring financial charges 65 €2,504 €2,548 +€45 +1.8%
Profit (loss) for the period before taxes 9903 €76,530 €39,720 -€36,810 -48.1%
Income taxes 67/77 €15,440 €13,873 -€1,567 -10.2%
Profit (loss) for the period 9904 €61,091 €25,848 -€35,243 -57.7%
Profit (loss) for the period to be appropriated 9905 €61,091 €25,848 -€35,243 -57.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.