JOEPA GROUP: 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.
JOEPA GROUP
Largest movements
- Receivables within one year +€2,654
up €2,654 (+15.9%), from €16,721 to €19,374
of which Other amounts receivable: +€3,436
- Cash +€971
up €971 (+48.0%), from €2,026 to €2,997
mainly Net result for the year (+€3,286) and Trade debts (+€956)
- Reserves +€3,286
up €3,286 (+30.2%), from €10,867 to €14,153
- Tax, wage and social debts -€1,087
down €1,087 (-22.2%), from €4,897 to €3,810
- Trade debts +€956
up €956 (+95.4%), from €1,002 to €1,958
- Advances received +€470
new in 2025: €470
- Financial income +€896
up €896 (+146.6%), from €611 to €1,507
- Gross operating margin -€407
down €407 (-10.3%), from €3,973 to €3,565
- Other operating charges +€360
up €360 (+585.5%), from €62 to €422
- Financial charges -€46
down €46 (-17.7%), from €262 to €216
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 | €18,766 | €22,391 | +€3,625 | +19.3% |
| Fixed assets | 21/28 | €20 | €20 | = | 0.0% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €18,746 | €22,371 | +€3,625 | +19.3% |
| Amounts receivable within one year | 40/41 | €16,721 | €19,374 | +€2,654 | +15.9% |
| Trade receivables | 40 | €3,427 | €2,644 | -€782 | -22.8% |
| Other amounts receivable | 41 | €13,294 | €16,730 | +€3,436 | +25.8% |
| Cash at bank and in hand | 54/58 | €2,026 | €2,997 | +€971 | +48.0% |
| Total equity and liabilities | 10/49 | €18,766 | €22,391 | +€3,625 | +19.3% |
| Equity | 10/15 | €12,867 | €16,153 | +€3,286 | +25.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,867 | €14,153 | +€3,286 | +30.2% |
| Distributable reserves | 133 | €10,867 | €14,153 | +€3,286 | +30.2% |
| Amounts payable | 17/49 | €5,900 | €6,238 | +€339 | +5.7% |
| Amounts payable within one year | 42/48 | €5,900 | €6,238 | +€339 | +5.7% |
| Trade debts | 44 | €1,002 | €1,958 | +€956 | +95.4% |
| Suppliers | 440/4 | €1,002 | €1,958 | +€956 | +95.4% |
| Advances received on contracts in progress | 46 | - | €470 | +€470 | |
| Taxes, remuneration and social security | 45 | €4,897 | €3,810 | -€1,087 | -22.2% |
| Taxes | 450/3 | €4,897 | €3,810 | -€1,087 | -22.2% |
| Other operating charges | 640/8 | €62 | €422 | +€360 | +585.5% |
| Gross operating margin | 9900 | €3,973 | €3,565 | -€407 | -10.3% |
| Operating profit (loss) | 9901 | €3,911 | €3,144 | -€767 | -19.6% |
| Financial income | 75/76B | €611 | €1,507 | +€896 | +146.6% |
| Recurring financial income | 75 | €611 | €1,507 | +€896 | +146.6% |
| Financial charges | 65/66B | €262 | €216 | -€46 | -17.7% |
| Recurring financial charges | 65 | €262 | €216 | -€46 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €4,260 | €4,435 | +€175 | +4.1% |
| Income taxes | 67/77 | €1,115 | €1,149 | +€34 | +3.1% |
| Profit (loss) for the period | 9904 | €3,146 | €3,286 | +€141 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,146 | €3,286 | +€141 | +4.5% |
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 10 October 2026 via checked.be.