JOGO.BE: 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.
JOGO.BE
Largest movements
- Receivables after one year +€209,000
new in 2025: €209,000
- Cash -€60,978
down €60,978 (-59.7%), from €102,220 to €41,243
mainly Receivables after one year (-€209,000) and Contributions, distributions and other (-€64,706)
- Receivables within one year +€41,001
up €41,001 (+153.4%), from €26,727 to €67,728
of which Trade receivables: +€33,402
- Reserves +€54,244
up €54,244 (+24.8%), from €218,632 to €272,876
- Short-term financial debts +€50,000
up €50,000 (+984.5%), from €5,079 to €55,079
of which Other loans: +€50,000
- Debts after one year +€44,169
up €44,169 (+154.8%), from €28,524 to €72,693
- Other debts +€19,830
up €19,830 (+47.5%), from €41,785 to €61,615
- Current portion of long-term debt +€16,151
up €16,151 (+108.6%), from €14,875 to €31,026
- Financial income +€75,428
up €75,428 (+27288.3%), from €276 to €75,704
of which Non-recurring financial income: +€66,704
- Gross operating margin -€6,804
down €6,804 (-8.5%), from €79,611 to €72,808
- Taxes -€2,599
down €2,599 (-14.1%), from €18,422 to €15,824
- Financial charges +€830
up €830 (+11.9%), from €6,986 to €7,816
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 | €343,467 | €533,052 | +€189,585 | +55.2% |
| Fixed assets | 21/28 | €212,261 | €213,267 | +€1,006 | +0.5% |
| Tangible fixed assets | 22/27 | €16,958 | €14,260 | -€2,698 | -15.9% |
| Plant, machinery and equipment | 23 | €825 | €571 | -€254 | -30.8% |
| Furniture and vehicles | 24 | €16,132 | €13,688 | -€2,444 | -15.1% |
| Financial fixed assets | 28 | €195,303 | €199,007 | +€3,704 | +1.9% |
| Current assets | 29/58 | €131,206 | €319,785 | +€188,579 | +143.7% |
| Amounts receivable after more than one year | 29 | - | €209,000 | +€209,000 | |
| Other amounts receivable | 291 | - | €209,000 | +€209,000 | |
| Amounts receivable within one year | 40/41 | €26,727 | €67,728 | +€41,001 | +153.4% |
| Trade receivables | 40 | €6,403 | €39,805 | +€33,402 | +521.7% |
| Other amounts receivable | 41 | €20,324 | €27,923 | +€7,599 | +37.4% |
| Cash at bank and in hand | 54/58 | €102,220 | €41,243 | -€60,978 | -59.7% |
| Deferred charges and accrued income | 490/1 | €2,258 | €1,814 | -€444 | -19.7% |
| Total equity and liabilities | 10/49 | €343,467 | €533,052 | +€189,585 | +55.2% |
| Equity | 10/15 | €237,232 | €291,476 | +€54,244 | +22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €218,632 | €272,876 | +€54,244 | +24.8% |
| Distributable reserves | 133 | €218,632 | €272,876 | +€54,244 | +24.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €106,234 | €241,576 | +€135,341 | +127.4% |
| Amounts payable after more than one year | 17 | €28,524 | €72,693 | +€44,169 | +154.8% |
| Financial debts | 170/4 | €28,524 | €72,693 | +€44,169 | +154.8% |
| Amounts payable within one year | 42/48 | €77,192 | €167,381 | +€90,189 | +116.8% |
| Current portion of amounts payable after more than one year | 42 | €14,875 | €31,026 | +€16,151 | +108.6% |
| Financial debts | 43 | €5,079 | €55,079 | +€50,000 | +984.5% |
| Credit institutions | 430/8 | €5,079 | €5,079 | = | 0.0% |
| Other loans | 439 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €4,257 | €5,442 | +€1,185 | +27.8% |
| Suppliers | 440/4 | €4,257 | €5,442 | +€1,185 | +27.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,196 | €14,218 | +€3,022 | +27.0% |
| Taxes | 450/3 | €11,196 | €14,218 | +€3,022 | +27.0% |
| Other amounts payable | 47/48 | €41,785 | €61,615 | +€19,830 | +47.5% |
| Accrued charges and deferred income | 492/3 | €519 | €1,502 | +€983 | +189.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,642 | €4,988 | +€346 | +7.5% |
| Other operating charges | 640/8 | €1,185 | €934 | -€251 | -21.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €79,611 | €72,808 | -€6,804 | -8.5% |
| Operating profit (loss) | 9901 | €73,785 | €66,886 | -€6,899 | -9.4% |
| Financial income | 75/76B | €276 | €75,704 | +€75,428 | +27288.3% |
| Recurring financial income | 75 | €276 | €9,000 | +€8,724 | +3156.0% |
| Non-recurring financial income | 76B | - | €66,704 | +€66,704 | |
| Financial charges | 65/66B | €6,986 | €7,816 | +€830 | +11.9% |
| Recurring financial charges | 65 | €6,986 | €7,816 | +€830 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €67,075 | €134,773 | +€67,699 | +100.9% |
| Income taxes | 67/77 | €18,422 | €15,824 | -€2,599 | -14.1% |
| Profit (loss) for the period | 9904 | €48,652 | €118,950 | +€70,297 | +144.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,652 | €118,950 | +€70,297 | +144.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.