JOGO: 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.
JOGO
Largest movements
- Receivables within one year -€47,456
down €47,456 (-96.4%), from €49,239 to €1,783
of which Trade receivables: -€34,600
- Cash +€24,429
up €24,429 (+159%), from €15,348 to €39,777
mainly Receivables within one year (+€47,456) and Net result for the year (+€28,520)
- Tangible fixed assets +€2,109
up €2,109 (+29.4%), from €7,183 to €9,292
- Deferred charges and accrued income +€950
up €950 (+902%), from €105 to €1,056
- Other debts -€24,836
down €24,836 (-41.0%), from €60,557 to €35,721
- Tax, wage and social debts +€4,922
up €4,922 (+75.6%), from €6,508 to €11,430
- Accrued charges and deferred income -€1,558
down €1,558 (-88.0%), from €1,771 to €212
- Trade debts +€1,504
up €1,504 (+3,734%), from €40 to €1,544
- Gross operating margin -€11,301
down €11,301 (-21.7%), from €52,094 to €40,793
- Taxes -€2,307
down €2,307 (-21.9%), from €10,529 to €8,222
- Depreciation +€958
up €958 (+50.8%), from €1,887 to €2,845
- Financial charges -€539
down €539 (-62.3%), from €866 to €327
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 | €71,876 | €51,907 | -€19,968 | -27.8% |
| Fixed assets | 21/28 | €7,183 | €9,292 | +€2,109 | +29.4% |
| Tangible fixed assets | 22/27 | €7,183 | €9,292 | +€2,109 | +29.4% |
| Furniture and vehicles | 24 | €7,183 | €9,292 | +€2,109 | +29.4% |
| Current assets | 29/58 | €64,693 | €42,616 | -€22,077 | -34.1% |
| Amounts receivable within one year | 40/41 | €49,239 | €1,783 | -€47,456 | -96.4% |
| Trade receivables | 40 | €34,600 | €0 | -€34,600 | -100% |
| Other amounts receivable | 41 | €14,639 | €1,783 | -€12,856 | -87.8% |
| Cash at bank and in hand | 54/58 | €15,348 | €39,777 | +€24,429 | +159% |
| Deferred charges and accrued income | 490/1 | €105 | €1,056 | +€950 | +902% |
| Total equity and liabilities | 10/49 | €71,876 | €51,907 | -€19,968 | -27.8% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €68,876 | €48,907 | -€19,968 | -29.0% |
| Amounts payable within one year | 42/48 | €67,105 | €48,695 | -€18,410 | -27.4% |
| Trade debts | 44 | €40 | €1,544 | +€1,504 | +3,734% |
| Suppliers | 440/4 | €40 | €1,544 | +€1,504 | +3,734% |
| Taxes, remuneration and social security | 45 | €6,508 | €11,430 | +€4,922 | +75.6% |
| Taxes | 450/3 | €6,508 | €11,430 | +€4,922 | +75.6% |
| Other amounts payable | 47/48 | €60,557 | €35,721 | -€24,836 | -41.0% |
| Accrued charges and deferred income | 492/3 | €1,771 | €212 | -€1,558 | -88.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,887 | €2,845 | +€958 | +50.8% |
| Other operating charges | 640/8 | €1,094 | €880 | -€214 | -19.6% |
| Gross operating margin | 9900 | €52,094 | €40,793 | -€11,301 | -21.7% |
| Operating profit (loss) | 9901 | €49,113 | €37,068 | -€12,044 | -24.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €866 | €327 | -€539 | -62.3% |
| Recurring financial charges | 65 | €866 | €327 | -€539 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €48,246 | €36,741 | -€11,505 | -23.8% |
| Income taxes | 67/77 | €10,529 | €8,222 | -€2,307 | -21.9% |
| Profit (loss) for the period | 9904 | €37,718 | €28,520 | -€9,198 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,718 | €28,520 | -€9,198 | -24.4% |
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 18 October 2026 via checked.be.