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JOFRIPA: 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

JOFRIPA

BE 0440.737.415
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€37,358
2024 · €3,661+€33,697
Equity
€172,231
2024 · €134,874+€37,358
Cash
€41,935
2024 · €6,232+€35,703
Balance sheet total
€218,862
2024 · €188,892+€29,970

Largest movements

2024 to 2025
Assets
  • Cash +€35,703

    up €35,703 (+572.9%), from €6,232 to €41,935

    mainly Net result for the year (+€37,358) and Tax, wage and social debts (+€17,720)

  • Tangible fixed assets -€5,733

    down €5,733 (-3.1%), from €182,660 to €176,927

Equity and liabilities
  • Reserves +€34,700

    up €34,700 (+277.6%), from €12,500 to €47,200

    of which Distributable reserves: +€34,700

  • Other debts -€25,147

    down €25,147 (-48.6%), from €51,753 to €26,606

  • Tax, wage and social debts +€17,720

    new in 2025: €17,720

  • Profit (loss) carried forward +€2,658

    up €2,658, from -€2,626 to €31

Income statement
  • Gross operating margin +€44,165

    up €44,165 (+199.0%), from €22,196 to €66,361

  • Taxes +€17,720

    new in 2025: €17,720

  • Depreciation -€8,187

    down €8,187 (-52.9%), from €15,484 to €7,297

  • Financial charges +€840

    up €840 (+1866.6%), from €45 to €885

From the 2024 result to the 2025 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 2024 €3,661
Gross operating margin +€44,165
Depreciation +€8,187
Other operating charges -€96
Financial charges -€840
Taxes -€17,720
Result 2025 €37,358

Cash bridge derived

cash 2024 to 2025

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.

From operations +€37,268
Investment -€1,564
Financing €0
Cash 2024 €6,232
Net result for the year +€37,358
Depreciation +€7,297
Tax, wage and social debts +€17,720
Other debts -€25,147
Accrued charges and deferred income +€40
Investment in fixed assets (net) -€1,564
Cash 2025 €41,935
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €188,892 €218,862 +€29,970 +15.9%
Fixed assets 21/28 €182,660 €176,927 -€5,733 -3.1%
Tangible fixed assets 22/27 €182,660 €176,927 -€5,733 -3.1%
Land and buildings 22 €182,660 €176,927 -€5,733 -3.1%
Current assets 29/58 €6,232 €41,935 +€35,703 +572.9%
Cash at bank and in hand 54/58 €6,232 €41,935 +€35,703 +572.9%
Total equity and liabilities 10/49 €188,892 €218,862 +€29,970 +15.9%
Equity 10/15 €134,874 €172,231 +€37,358 +27.7%
Contributions 10/11 €125,000 €125,000 = 0.0%
Outside capital 11 €125,000 €125,000 = 0.0%
Other 1109/19 €125,000 €125,000 = 0.0%
Reserves 13 €12,500 €47,200 +€34,700 +277.6%
Non-distributable reserves 130/1 €12,500 €12,500 = 0.0%
Reserves not available under the articles 1311 €12,500 €12,500 = 0.0%
Distributable reserves 133 - €34,700 +€34,700
Profit (loss) carried forward 14 -€2,626 €31 +€2,658
Amounts payable 17/49 €54,018 €46,631 -€7,387 -13.7%
Amounts payable within one year 42/48 €51,753 €44,326 -€7,427 -14.4%
Taxes, remuneration and social security 45 - €17,720 +€17,720
Taxes 450/3 - €17,720 +€17,720
Other amounts payable 47/48 €51,753 €26,606 -€25,147 -48.6%
Accrued charges and deferred income 492/3 €2,265 €2,305 +€40 +1.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,484 €7,297 -€8,187 -52.9%
Other operating charges 640/8 €3,005 €3,101 +€96 +3.2%
Gross operating margin 9900 €22,196 €66,361 +€44,165 +199.0%
Operating profit (loss) 9901 €3,706 €55,963 +€52,256 +1410.0%
Financial charges 65/66B €45 €885 +€840 +1866.6%
Recurring financial charges 65 €45 €885 +€840 +1866.6%
Profit (loss) for the period before taxes 9903 €3,661 €55,078 +€51,417 +1404.4%
Income taxes 67/77 - €17,720 +€17,720
Profit (loss) for the period 9904 €3,661 €37,358 +€33,697 +920.4%
Profit (loss) for the period to be appropriated 9905 €3,661 €37,358 +€33,697 +920.4%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.