JOGOO: 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.
JOGOO
Largest movements
- Cash -€33,296
down €33,296 (-83.3%), from €39,969 to €6,672
mainly Net result for the year (-€20,095) and Debts after one year (-€15,676)
- Tangible fixed assets -€18,487
down €18,487 (-22.2%), from €83,212 to €64,725
of which Furniture and vehicles: -€17,388
- Receivables within one year +€12,962
up €12,962 (+76.5%), from €16,954 to €29,916
of which Trade receivables: +€10,988
- Stocks and contracts +€3,432
new in 2025: €3,432
- Deferred charges and accrued income +€2,945
up €2,945 (+118%), from €2,496 to €5,441
- Debts after one year -€15,676
down €15,676 (-34.4%), from €45,540 to €29,864
- Reserves -€10,077
down €10,077 (-69.4%), from €14,520 to €4,443
- Profit (loss) carried forward -€10,018
new in 2025: -€10,018
- Other debts -€8,105
down €8,105 (-20.2%), from €40,097 to €31,991
- Tax, wage and social debts +€7,235
up €7,235 (+337%), from €2,150 to €9,385
of which Remuneration and social security: +€5,500
- Gross operating margin -€6,730
down €6,730 (-45.0%), from €14,950 to €8,220
- Depreciation +€2,962
up €2,962 (+14.8%), from €20,027 to €22,989
- Staff costs +€652
new in 2025: €652
- Financial charges -€535
down €535 (-17.3%), from €3,096 to €2,561
- Other operating charges -€217
down €217 (-9.2%), from €2,343 to €2,127
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 | €142,631 | €110,187 | -€32,444 | -22.7% |
| Fixed assets | 21/28 | €83,212 | €64,725 | -€18,487 | -22.2% |
| Tangible fixed assets | 22/27 | €83,212 | €64,725 | -€18,487 | -22.2% |
| Plant, machinery and equipment | 23 | €3,189 | €2,090 | -€1,099 | -34.5% |
| Furniture and vehicles | 24 | €80,023 | €62,635 | -€17,388 | -21.7% |
| Current assets | 29/58 | €59,419 | €45,462 | -€13,957 | -23.5% |
| Stocks and contracts in progress | 3 | - | €3,432 | +€3,432 | |
| Stocks | 30/36 | - | €3,432 | +€3,432 | |
| Amounts receivable within one year | 40/41 | €16,954 | €29,916 | +€12,962 | +76.5% |
| Trade receivables | 40 | €16,206 | €27,195 | +€10,988 | +67.8% |
| Other amounts receivable | 41 | €747 | €2,721 | +€1,974 | +264% |
| Cash at bank and in hand | 54/58 | €39,969 | €6,672 | -€33,296 | -83.3% |
| Deferred charges and accrued income | 490/1 | €2,496 | €5,441 | +€2,945 | +118% |
| Total equity and liabilities | 10/49 | €142,631 | €110,187 | -€32,444 | -22.7% |
| Equity | 10/15 | €33,070 | €12,975 | -€20,095 | -60.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €14,520 | €4,443 | -€10,077 | -69.4% |
| Distributable reserves | 133 | €14,520 | €4,443 | -€10,077 | -69.4% |
| Profit (loss) carried forward | 14 | - | -€10,018 | -€10,018 | |
| Amounts payable | 17/49 | €109,560 | €97,212 | -€12,349 | -11.3% |
| Amounts payable after more than one year | 17 | €45,540 | €29,864 | -€15,676 | -34.4% |
| Financial debts | 170/4 | €45,540 | €29,864 | -€15,676 | -34.4% |
| Amounts payable within one year | 42/48 | €63,381 | €66,853 | +€3,473 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €15,038 | €15,676 | +€639 | +4.2% |
| Trade debts | 44 | €6,097 | €9,801 | +€3,704 | +60.8% |
| Suppliers | 440/4 | €6,097 | €9,801 | +€3,704 | +60.8% |
| Taxes, remuneration and social security | 45 | €2,150 | €9,385 | +€7,235 | +337% |
| Taxes | 450/3 | €2,150 | €3,885 | +€1,735 | +80.7% |
| Remuneration and social security | 454/9 | €0 | €5,500 | +€5,500 | |
| Other amounts payable | 47/48 | €40,097 | €31,991 | -€8,105 | -20.2% |
| Accrued charges and deferred income | 492/3 | €640 | €495 | -€145 | -22.6% |
| Remuneration, social security and pensions | 62 | - | €652 | +€652 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,027 | €22,989 | +€2,962 | +14.8% |
| Other operating charges | 640/8 | €2,343 | €2,127 | -€217 | -9.2% |
| Gross operating margin | 9900 | €14,950 | €8,220 | -€6,730 | -45.0% |
| Operating profit (loss) | 9901 | -€7,421 | -€17,548 | -€10,127 | -136% |
| Financial income | 75/76B | €126 | €256 | +€130 | +103% |
| Recurring financial income | 75 | €126 | €256 | +€130 | +103% |
| Financial charges | 65/66B | €3,096 | €2,561 | -€535 | -17.3% |
| Recurring financial charges | 65 | €3,096 | €2,561 | -€535 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,390 | -€19,853 | -€9,463 | -91.1% |
| Income taxes | 67/77 | €244 | €242 | -€2 | -0.7% |
| Profit (loss) for the period | 9904 | -€10,634 | -€20,095 | -€9,461 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,634 | -€20,095 | -€9,461 | -89.0% |
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 15 October 2026 via checked.be.