JOHOCO: 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.
JOHOCO
Largest movements
- Tangible fixed assets +€24,736
up €24,736 (+1,834%), from €1,349 to €26,085
of which Furniture and vehicles: +€25,096
- Receivables within one year +€19,820
up €19,820 (+186%), from €10,682 to €30,503
- Cash +€12,917
up €12,917 (+45.1%), from €28,612 to €41,528
mainly Net result for the year (+€52,018) and Tax, wage and social debts (+€11,646)
- Deferred charges and accrued income -€3,381
down €3,381 (-76.2%), from €4,439 to €1,059
- Reserves +€51,185
up €51,185 (+164%), from €31,251 to €82,437
- Debts after one year -€17,246
down €17,246 (-13.4%), from €128,848 to €111,602
- Tax, wage and social debts +€11,646
up €11,646 (+41.7%), from €27,934 to €39,580
of which Taxes: +€8,946
- Current portion of long-term debt +€9,719
up €9,719 (+40.4%), from €24,083 to €33,802
- Gross operating margin +€24,962
up €24,962 (+41.7%), from €59,919 to €84,881
- Taxes +€6,243
up €6,243 (+39.8%), from €15,666 to €21,908
- Depreciation -€1,166
down €1,166 (-47.5%), from €2,456 to €1,291
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 | €245,082 | €299,175 | +€54,093 | +22.1% |
| Fixed assets | 21/28 | €201,349 | €226,085 | +€24,736 | +12.3% |
| Tangible fixed assets | 22/27 | €1,349 | €26,085 | +€24,736 | +1,834% |
| Plant, machinery and equipment | 23 | €1,349 | €989 | -€360 | -26.7% |
| Furniture and vehicles | 24 | - | €25,096 | +€25,096 | |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €43,733 | €73,090 | +€29,357 | +67.1% |
| Amounts receivable within one year | 40/41 | €10,682 | €30,503 | +€19,820 | +186% |
| Trade receivables | 40 | €10,682 | €30,503 | +€19,820 | +186% |
| Cash at bank and in hand | 54/58 | €28,612 | €41,528 | +€12,917 | +45.1% |
| Deferred charges and accrued income | 490/1 | €4,439 | €1,059 | -€3,381 | -76.2% |
| Total equity and liabilities | 10/49 | €245,082 | €299,175 | +€54,093 | +22.1% |
| Equity | 10/15 | €36,251 | €87,437 | +€51,185 | +141% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,251 | €82,437 | +€51,185 | +164% |
| Distributable reserves | 133 | €31,251 | €82,437 | +€51,185 | +164% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €208,831 | €211,738 | +€2,908 | +1.4% |
| Amounts payable after more than one year | 17 | €128,848 | €111,602 | -€17,246 | -13.4% |
| Financial debts | 170/4 | €128,848 | €111,602 | -€17,246 | -13.4% |
| Amounts payable within one year | 42/48 | €79,388 | €100,113 | +€20,725 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €24,083 | €33,802 | +€9,719 | +40.4% |
| Trade debts | 44 | €2,186 | €2,483 | +€297 | +13.6% |
| Suppliers | 440/4 | €2,186 | €2,483 | +€297 | +13.6% |
| Taxes, remuneration and social security | 45 | €27,934 | €39,580 | +€11,646 | +41.7% |
| Taxes | 450/3 | €27,934 | €36,880 | +€8,946 | +32.0% |
| Remuneration and social security | 454/9 | - | €2,700 | +€2,700 | |
| Other amounts payable | 47/48 | €25,185 | €24,248 | -€937 | -3.7% |
| Accrued charges and deferred income | 492/3 | €594 | €23 | -€571 | -96.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,456 | €1,291 | -€1,166 | -47.5% |
| Other operating charges | 640/8 | €2,300 | €2,338 | +€37 | +1.6% |
| Non-recurring operating charges | 66A | €356 | €465 | +€109 | +30.5% |
| Gross operating margin | 9900 | €59,919 | €84,881 | +€24,962 | +41.7% |
| Operating profit (loss) | 9901 | €54,806 | €80,788 | +€25,982 | +47.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €7,030 | €6,861 | -€169 | -2.4% |
| Recurring financial charges | 65 | €7,030 | €6,861 | -€169 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €47,776 | €73,927 | +€26,151 | +54.7% |
| Income taxes | 67/77 | €15,666 | €21,908 | +€6,243 | +39.8% |
| Profit (loss) for the period | 9904 | €32,110 | €52,018 | +€19,908 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,110 | €52,018 | +€19,908 | +62.0% |
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 14 October 2026 via checked.be.