JOGRA: 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.
JOGRA
Largest movements
- Cash +€10,138
up €10,138 (+83.2%), from €12,184 to €22,323
mainly Receivables within one year (+€8,282) and Net result for the year (+€2,017)
- Receivables within one year -€8,282
down €8,282 (-79.7%), from €10,390 to €2,108
of which Trade receivables: -€10,285
- Deferred charges and accrued income -€1,537
down €1,537 (-100.0%), from €1,537 to €0
- Profit (loss) carried forward +€2,017
up €2,017 (+33.8%), from €5,969 to €7,986
- Other debts -€1,156
down €1,156 (-100.0%), from €1,156 to €0
- Tax, wage and social debts -€615
down €615 (-15.2%), from €4,040 to €3,425
of which Taxes: -€615
- Gross operating margin -€13,952
down €13,952 (-77.4%), from €18,021 to €4,069
- Taxes -€3,694
down €3,694 (-83.5%), from €4,425 to €731
- Financial charges -€578
down €578 (-33.0%), from €1,750 to €1,172
- Depreciation -€463
down €463 (-100.0%), from €463 to €0
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,113 | €26,432 | +€319 | +1.2% |
| Fixed assets | 21/28 | €2,001 | €2,001 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,001 | €2,001 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,264 | €1,264 | = | 0.0% |
| Furniture and vehicles | 24 | €737 | €737 | = | 0.0% |
| Current assets | 29/58 | €24,112 | €24,431 | +€319 | +1.3% |
| Amounts receivable within one year | 40/41 | €10,390 | €2,108 | -€8,282 | -79.7% |
| Trade receivables | 40 | €10,285 | €0 | -€10,285 | -100.0% |
| Other amounts receivable | 41 | €105 | €2,108 | +€2,003 | +1908.0% |
| Cash at bank and in hand | 54/58 | €12,184 | €22,323 | +€10,138 | +83.2% |
| Deferred charges and accrued income | 490/1 | €1,537 | €0 | -€1,537 | -100.0% |
| Total equity and liabilities | 10/49 | €26,113 | €26,432 | +€319 | +1.2% |
| Equity | 10/15 | €19,753 | €21,770 | +€2,017 | +10.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €11,284 | €11,284 | = | 0.0% |
| Distributable reserves | 133 | €11,284 | €11,284 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,969 | €7,986 | +€2,017 | +33.8% |
| Amounts payable | 17/49 | €6,359 | €4,662 | -€1,697 | -26.7% |
| Amounts payable within one year | 42/48 | €6,359 | €4,662 | -€1,697 | -26.7% |
| Trade debts | 44 | €1,164 | €1,237 | +€73 | +6.3% |
| Suppliers | 440/4 | €1,164 | €1,237 | +€73 | +6.3% |
| Taxes, remuneration and social security | 45 | €4,040 | €3,425 | -€615 | -15.2% |
| Taxes | 450/3 | €4,040 | €3,425 | -€615 | -15.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,156 | €0 | -€1,156 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €463 | €0 | -€463 | -100.0% |
| Other operating charges | 640/8 | €100 | €150 | +€50 | +49.7% |
| Gross operating margin | 9900 | €18,021 | €4,069 | -€13,952 | -77.4% |
| Operating profit (loss) | 9901 | €17,459 | €3,919 | -€13,539 | -77.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,750 | €1,172 | -€578 | -33.0% |
| Recurring financial charges | 65 | €1,750 | €1,172 | -€578 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €15,709 | €2,748 | -€12,961 | -82.5% |
| Income taxes | 67/77 | €4,425 | €731 | -€3,694 | -83.5% |
| Profit (loss) for the period | 9904 | €11,284 | €2,017 | -€9,267 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,284 | €2,017 | -€9,267 | -82.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.