JOGIJO: 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.
JOGIJO
Largest movements
- Cash -€77,036
down €77,036 (-37.6%), from €204,661 to €127,625
mainly Other debts (-€106,550) and Investment in fixed assets (net) (-€18,202)
- Tangible fixed assets -€23,787
down €23,787 (-9.0%), from €263,861 to €240,073
of which Other tangible fixed assets: -€18,615
- Deferred charges and accrued income +€16,313
up €16,313 (+726.1%), from €2,247 to €18,559
- Other debts -€106,550
down €106,550 (-55.6%), from €191,691 to €85,141
- Reserves +€30,147
up €30,147 (+13.0%), from €231,708 to €261,855
- Tax, wage and social debts -€17,215
down €17,215 (-23.7%), from €72,629 to €55,414
- Trade debts +€12,326
up €12,326 (+205.6%), from €5,994 to €18,321
- Current portion of long-term debt +€8,737
up €8,737 (+118.2%), from €7,389 to €16,125
- Financial income -€52,249
down €52,249 (-96.7%), from €54,018 to €1,769
- Taxes -€10,492
down €10,492 (-27.1%), from €38,679 to €28,186
- Gross operating margin -€8,356
down €8,356 (-7.2%), from €116,560 to €108,204
- Depreciation +€2,634
up €2,634 (+6.7%), from €39,355 to €41,989
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 | €541,212 | €460,940 | -€80,272 | -14.8% |
| Fixed assets | 21/28 | €267,949 | €244,162 | -€23,787 | -8.9% |
| Tangible fixed assets | 22/27 | €263,861 | €240,073 | -€23,787 | -9.0% |
| Land and buildings | 22 | €120,360 | €104,637 | -€15,723 | -13.1% |
| Furniture and vehicles | 24 | €4,815 | €15,366 | +€10,550 | +219.1% |
| Other tangible fixed assets | 26 | €138,685 | €120,070 | -€18,615 | -13.4% |
| Financial fixed assets | 28 | €4,088 | €4,088 | = | 0.0% |
| Current assets | 29/58 | €273,263 | €216,779 | -€56,484 | -20.7% |
| Amounts receivable after more than one year | 29 | €54,500 | €53,500 | -€1,000 | -1.8% |
| Other amounts receivable | 291 | €54,500 | €53,500 | -€1,000 | -1.8% |
| Amounts receivable within one year | 40/41 | €11,856 | €17,095 | +€5,239 | +44.2% |
| Trade receivables | 40 | €11,856 | €12,095 | +€239 | +2.0% |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €204,661 | €127,625 | -€77,036 | -37.6% |
| Deferred charges and accrued income | 490/1 | €2,247 | €18,559 | +€16,313 | +726.1% |
| Total equity and liabilities | 10/49 | €541,212 | €460,940 | -€80,272 | -14.8% |
| Equity | 10/15 | €250,458 | €280,605 | +€30,147 | +12.0% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €231,708 | €261,855 | +€30,147 | +13.0% |
| Distributable reserves | 133 | €231,708 | €261,855 | +€30,147 | +13.0% |
| Amounts payable | 17/49 | €290,754 | €180,335 | -€110,419 | -38.0% |
| Amounts payable after more than one year | 17 | €13,051 | €5,334 | -€7,717 | -59.1% |
| Financial debts | 170/4 | €13,051 | €5,334 | -€7,717 | -59.1% |
| Amounts payable within one year | 42/48 | €277,703 | €175,001 | -€102,702 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €7,389 | €16,125 | +€8,737 | +118.2% |
| Trade debts | 44 | €5,994 | €18,321 | +€12,326 | +205.6% |
| Suppliers | 440/4 | €5,994 | €18,321 | +€12,326 | +205.6% |
| Taxes, remuneration and social security | 45 | €72,629 | €55,414 | -€17,215 | -23.7% |
| Taxes | 450/3 | €72,629 | €55,414 | -€17,215 | -23.7% |
| Other amounts payable | 47/48 | €191,691 | €85,141 | -€106,550 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,355 | €41,989 | +€2,634 | +6.7% |
| Other operating charges | 640/8 | €5,827 | €6,192 | +€364 | +6.3% |
| Gross operating margin | 9900 | €116,560 | €108,204 | -€8,356 | -7.2% |
| Operating profit (loss) | 9901 | €71,378 | €60,023 | -€11,355 | -15.9% |
| Financial income | 75/76B | €54,018 | €1,769 | -€52,249 | -96.7% |
| Recurring financial income | 75 | €54,018 | €1,769 | -€52,249 | -96.7% |
| Financial charges | 65/66B | €2,644 | €3,459 | +€815 | +30.8% |
| Recurring financial charges | 65 | €2,644 | €3,459 | +€815 | +30.8% |
| Profit (loss) for the period before taxes | 9903 | €122,752 | €58,333 | -€64,419 | -52.5% |
| Income taxes | 67/77 | €38,679 | €28,186 | -€10,492 | -27.1% |
| Profit (loss) for the period | 9904 | €84,073 | €30,147 | -€53,927 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €84,073 | €30,147 | -€53,927 | -64.1% |
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.