JOCRA: 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.
JOCRA
Largest movements
- Cash +€39,990
up €39,990 (+466%), from €8,579 to €48,569
mainly Other debts (+€222,229) and Tax, wage and social debts (+€30,031)
- Receivables within one year +€16,508
up €16,508 (+8.1%), from €204,427 to €220,935
of which Other amounts receivable: +€27,558
- Financial fixed assets +€8,500
up €8,500 (+2.9%), from €298,070 to €306,570
- Deferred charges and accrued income -€5,965
down €5,965 (-60.9%), from €9,802 to €3,837
- Other debts +€222,229
up €222,229 (+128%), from €173,109 to €395,338
- Reserves -€202,288
down €202,288 (-85.4%), from €236,926 to €34,638
- Tax, wage and social debts +€30,031
up €30,031 (+683%), from €4,394 to €34,425
- Financial charges +€3,390
up €3,390 (+109%), from €3,122 to €6,512
- Gross operating margin +€2,591
up €2,591 (+30.2%), from -€8,592 to -€6,001
- Financial income +€2,065
up €2,065 (+16.6%), from €12,414 to €14,479
- Taxes +€366
up €366 (+129%), from €283 to €650
- Depreciation -€304
down €304 (-11.0%), from €2,761 to €2,456
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.
Derived cash bridge
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 | €524,894 | €581,471 | +€56,577 | +10.8% |
| Fixed assets | 21/28 | €302,086 | €308,130 | +€6,044 | +2.0% |
| Tangible fixed assets | 22/27 | €4,016 | €1,560 | -€2,456 | -61.2% |
| Plant, machinery and equipment | 23 | €960 | - | -€960 | |
| Furniture and vehicles | 24 | €3,057 | €1,560 | -€1,496 | -49.0% |
| Financial fixed assets | 28 | €298,070 | €306,570 | +€8,500 | +2.9% |
| Current assets | 29/58 | €222,808 | €273,341 | +€50,533 | +22.7% |
| Amounts receivable within one year | 40/41 | €204,427 | €220,935 | +€16,508 | +8.1% |
| Trade receivables | 40 | €11,050 | - | -€11,050 | |
| Other amounts receivable | 41 | €193,377 | €220,935 | +€27,558 | +14.3% |
| Cash at bank and in hand | 54/58 | €8,579 | €48,569 | +€39,990 | +466% |
| Deferred charges and accrued income | 490/1 | €9,802 | €3,837 | -€5,965 | -60.9% |
| Total equity and liabilities | 10/49 | €524,894 | €581,471 | +€56,577 | +10.8% |
| Equity | 10/15 | €255,476 | €53,188 | -€202,288 | -79.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €236,926 | €34,638 | -€202,288 | -85.4% |
| Distributable reserves | 133 | €236,926 | €34,638 | -€202,288 | -85.4% |
| Amounts payable | 17/49 | €269,418 | €528,283 | +€258,865 | +96.1% |
| Amounts payable after more than one year | 17 | €85,000 | €85,000 | = | 0.0% |
| Financial debts | 170/4 | €85,000 | €85,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €180,355 | €437,335 | +€256,980 | +142% |
| Trade debts | 44 | €2,852 | €7,572 | +€4,720 | +166% |
| Suppliers | 440/4 | €2,852 | €7,572 | +€4,720 | +166% |
| Taxes, remuneration and social security | 45 | €4,394 | €34,425 | +€30,031 | +683% |
| Taxes | 450/3 | €4,394 | €34,425 | +€30,031 | +683% |
| Other amounts payable | 47/48 | €173,109 | €395,338 | +€222,229 | +128% |
| Accrued charges and deferred income | 492/3 | €4,063 | €5,948 | +€1,885 | +46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,761 | €2,456 | -€304 | -11.0% |
| Other operating charges | 640/8 | €980 | €1,147 | +€168 | +17.1% |
| Gross operating margin | 9900 | -€8,592 | -€6,001 | +€2,591 | +30.2% |
| Operating profit (loss) | 9901 | -€12,332 | -€9,605 | +€2,728 | +22.1% |
| Financial income | 75/76B | €12,414 | €14,479 | +€2,065 | +16.6% |
| Recurring financial income | 75 | €12,414 | €14,479 | +€2,065 | +16.6% |
| Financial charges | 65/66B | €3,122 | €6,512 | +€3,390 | +109% |
| Recurring financial charges | 65 | €3,122 | €6,512 | +€3,390 | +109% |
| Profit (loss) for the period before taxes | 9903 | -€3,041 | -€1,638 | +€1,403 | +46.1% |
| Income taxes | 67/77 | €283 | €650 | +€366 | +129% |
| Profit (loss) for the period | 9904 | -€3,324 | -€2,288 | +€1,036 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,324 | -€2,288 | +€1,036 | +31.2% |
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 13 October 2026 via checked.be.