JOGRI: 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.
What changed
JOGRI
NACE 01.500, Mixed farming
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€33,589
2024 · €43,396-€9,807
Equity
€278,942
2024 · €245,353+€33,589
Cash
€148,494
2024 · €155,571-€7,078
Balance sheet total
€1.0m
2024 · €1.3m-€251,729
Largest movements
Assets
- Receivables within one year -€232,556
down €232,556 (-54.0%), from €431,013 to €198,457
of which Trade receivables: -€232,556
Equity and liabilities
- Trade debts -€221,075
down €221,075 (-47.8%), from €462,892 to €241,818
- Other debts -€92,545
down €92,545 (-58.2%), from €159,000 to €66,454
- Reserves +€33,589
up €33,589 (+14.9%), from €224,893 to €258,482
- Tax, wage and social debts +€15,636
up €15,636 (+185.1%), from €8,447 to €24,083
- Short-term financial debts -€15,000
down €15,000 (-9.4%), from €160,000 to €145,000
Income statement
- Gross operating margin +€30,976
up €30,976 (+12.0%), from €258,368 to €289,344
- Depreciation +€26,614
up €26,614 (+26.0%), from €102,441 to €129,055
- Staff costs +€14,623
up €14,623 (+17.0%), from €86,082 to €100,704
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.
Result 2024
€43,396
Gross operating margin
+€30,976
Staff costs
-€14,623
Depreciation
-€26,614
Other operating charges
+€1,906
Financial income
-€70
Financial charges
-€1,385
Taxes
+€3
Result 2025
€33,589
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.
From operations
+€99,407
Investment
-€118,979
Financing
+€12,494
Cash 2024
€155,571
From operations (derived)
+€99,407
Net result for the year
+€33,589
Depreciation
+€129,055
Stocks and contracts
-€1,102
Receivables within one year
+€232,556
Deferred charges and accrued income
+€3,120
Trade debts
-€221,075
Tax, wage and social debts
+€15,636
Other debts
-€92,545
Accrued charges and deferred income
+€173
Investment (derived)
-€118,979
Investment in fixed assets (net)
-€118,979
Financing
+€12,494
Debts after one year
+€13,187
Current portion of long-term debt
+€14,307
Short-term financial debts
-€15,000
Cash 2025
€148,494
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,290,814 | €1,039,085 | -€251,729 | -19.5% |
| Fixed assets | 21/28 | €533,700 | €523,623 | -€10,077 | -1.9% |
| Tangible fixed assets | 22/27 | €533,050 | €522,973 | -€10,077 | -1.9% |
| Land and buildings | 22 | €112,176 | €113,354 | +€1,177 | +1.0% |
| Plant, machinery and equipment | 23 | €276,243 | €310,072 | +€33,828 | +12.2% |
| Furniture and vehicles | 24 | €128,660 | €91,200 | -€37,460 | -29.1% |
| Other tangible fixed assets | 26 | €15,970 | €8,347 | -€7,622 | -47.7% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €757,114 | €515,462 | -€241,652 | -31.9% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Trade receivables | 290 | €50,000 | €50,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €117,410 | €118,512 | +€1,102 | +0.9% |
| Stocks | 30/36 | €117,410 | €118,512 | +€1,102 | +0.9% |
| Amounts receivable within one year | 40/41 | €431,013 | €198,457 | -€232,556 | -54.0% |
| Trade receivables | 40 | €431,013 | €198,457 | -€232,556 | -54.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €155,571 | €148,494 | -€7,078 | -4.5% |
| Deferred charges and accrued income | 490/1 | €3,120 | €0 | -€3,120 | -100.0% |
| Total equity and liabilities | 10/49 | €1,290,814 | €1,039,085 | -€251,729 | -19.5% |
| Equity | 10/15 | €245,353 | €278,942 | +€33,589 | +13.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €224,893 | €258,482 | +€33,589 | +14.9% |
| Distributable reserves | 133 | €224,893 | €258,482 | +€33,589 | +14.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,045,461 | €760,144 | -€285,317 | -27.3% |
| Amounts payable after more than one year | 17 | €207,525 | €220,712 | +€13,187 | +6.4% |
| Financial debts | 170/4 | €207,525 | €220,712 | +€13,187 | +6.4% |
| Amounts payable within one year | 42/48 | €837,936 | €539,259 | -€298,678 | -35.6% |
| Current portion of amounts payable after more than one year | 42 | €47,597 | €61,904 | +€14,307 | +30.1% |
| Financial debts | 43 | €160,000 | €145,000 | -€15,000 | -9.4% |
| Credit institutions | 430/8 | €160,000 | €145,000 | -€15,000 | -9.4% |
| Trade debts | 44 | €462,892 | €241,818 | -€221,075 | -47.8% |
| Suppliers | 440/4 | €462,892 | €241,818 | -€221,075 | -47.8% |
| Taxes, remuneration and social security | 45 | €8,447 | €24,083 | +€15,636 | +185.1% |
| Taxes | 450/3 | €8,447 | €24,083 | +€15,636 | +185.1% |
| Other amounts payable | 47/48 | €159,000 | €66,454 | -€92,545 | -58.2% |
| Accrued charges and deferred income | 492/3 | - | €173 | +€173 | |
| Non-recurring operating income | 76A | €0 | €3,583 | +€3,583 | |
| Remuneration, social security and pensions | 62 | €86,082 | €100,704 | +€14,623 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,441 | €129,055 | +€26,614 | +26.0% |
| Other operating charges | 640/8 | €6,719 | €4,813 | -€1,906 | -28.4% |
| Gross operating margin | 9900 | €258,368 | €289,344 | +€30,976 | +12.0% |
| Operating profit (loss) | 9901 | €63,127 | €54,772 | -€8,355 | -13.2% |
| Financial income | 75/76B | €70 | €0 | -€70 | -100.0% |
| Recurring financial income | 75 | €70 | €0 | -€70 | -100.0% |
| Financial charges | 65/66B | €19,679 | €21,064 | +€1,385 | +7.0% |
| Recurring financial charges | 65 | €19,679 | €21,064 | +€1,385 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €43,518 | €33,708 | -€9,810 | -22.5% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €122 | €120 | -€3 | -2.1% |
| Profit (loss) for the period | 9904 | €43,396 | €33,589 | -€9,807 | -22.6% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €43,396 | €33,589 | -€9,807 | -22.6% |
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 9 October 2026 via checked.be.