Jogi Estate: 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.
Jogi Estate
Largest movements
- Receivables within one year -€1.1m
down €1.1m (-92.3%), from €1.2m to €96,085
of which Other amounts receivable: -€1.2m
- Tangible fixed assets +€1.1m
up €1.1m (+24.9%), from €4.6m to €5.7m
of which Land and buildings: +€1.1m
- Cash +€77,412
up €77,412 (+2,938%), from €2,635 to €80,047
mainly Receivables within one year (+€1.1m) and Other debts (+€333,251)
- Other debts +€333,251
up €333,251 (+89.8%), from €371,129 to €704,380
- Profit (loss) carried forward -€180,914
down €180,914, from €860 to -€180,055
- Debts after one year -€150,990
down €150,990 (-3.0%), from €5.1m to €4.9m
- Current portion of long-term debt +€150,990
new in 2025: €150,990
- Trade debts -€64,388
down €64,388 (-35.6%), from €180,955 to €116,567
- Financial charges +€84,417
up €84,417 (+81.3%), from €103,834 to €188,251
- Depreciation +€52,387
new in 2025: €52,387
- Gross operating margin -€45,135
down €45,135 (-42.6%), from €106,008 to €60,873
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 | €5,820,070 | €5,893,893 | +€73,822 | +1.3% |
| Fixed assets | 21/28 | €4,574,329 | €5,712,807 | +€1.1m | +24.9% |
| Tangible fixed assets | 22/27 | €4,574,329 | €5,712,807 | +€1.1m | +24.9% |
| Land and buildings | 22 | €4,574,329 | €5,689,450 | +€1.1m | +24.4% |
| Plant, machinery and equipment | 23 | - | €23,358 | +€23,358 | |
| Current assets | 29/58 | €1,245,741 | €181,085 | -€1.1m | -85.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,243,107 | €96,085 | -€1.1m | -92.3% |
| Trade receivables | 40 | - | €96,000 | +€96,000 | |
| Other amounts receivable | 41 | €1,243,107 | €85 | -€1.2m | -100.0% |
| Cash at bank and in hand | 54/58 | €2,635 | €80,047 | +€77,412 | +2,938% |
| Deferred charges and accrued income | 490/1 | - | €4,954 | +€4,954 | |
| Total equity and liabilities | 10/49 | €5,820,070 | €5,893,893 | +€73,822 | +1.3% |
| Equity | 10/15 | €203,860 | €22,945 | -€180,914 | -88.7% |
| Contributions | 10/11 | €203,000 | €203,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €860 | -€180,055 | -€180,914 | |
| Amounts payable | 17/49 | €5,616,211 | €5,870,947 | +€254,736 | +4.5% |
| Amounts payable after more than one year | 17 | €5,050,000 | €4,899,010 | -€150,990 | -3.0% |
| Financial debts | 170/4 | €5,050,000 | €4,899,010 | -€150,990 | -3.0% |
| Amounts payable within one year | 42/48 | €552,642 | €971,937 | +€419,295 | +75.9% |
| Current portion of amounts payable after more than one year | 42 | - | €150,990 | +€150,990 | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €180,955 | €116,567 | -€64,388 | -35.6% |
| Suppliers | 440/4 | €180,955 | €116,567 | -€64,388 | -35.6% |
| Taxes, remuneration and social security | 45 | €558 | €0 | -€558 | -100% |
| Taxes | 450/3 | €558 | €0 | -€558 | -100% |
| Other amounts payable | 47/48 | €371,129 | €704,380 | +€333,251 | +89.8% |
| Accrued charges and deferred income | 492/3 | €13,569 | €0 | -€13,569 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €52,387 | +€52,387 | |
| Other operating charges | 640/8 | €1,321 | €1,359 | +€38 | +2.9% |
| Gross operating margin | 9900 | €106,008 | €60,873 | -€45,135 | -42.6% |
| Operating profit (loss) | 9901 | €104,687 | €7,127 | -€97,561 | -93.2% |
| Financial income | 75/76B | €9 | €210 | +€201 | +2,183% |
| Recurring financial income | 75 | €9 | €210 | +€201 | +2,183% |
| Financial charges | 65/66B | €103,834 | €188,251 | +€84,417 | +81.3% |
| Recurring financial charges | 65 | €103,834 | €188,251 | +€84,417 | +81.3% |
| Profit (loss) for the period before taxes | 9903 | €863 | -€180,914 | -€181,777 | |
| Income taxes | 67/77 | €3 | €0 | -€3 | -100% |
| Profit (loss) for the period | 9904 | €860 | -€180,914 | -€181,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €860 | -€180,914 | -€181,774 |
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 23 October 2026 via checked.be.