JOHOFEA: 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.
JOHOFEA
Largest movements
- Cash -€53,383
down €53,383 (-10.6%), from €503,231 to €449,848
mainly Contributions, distributions and other (-€150,000) and Net result for the year (-€50,592)
- Receivables within one year -€19,169
down €19,169 (-77.7%), from €24,684 to €5,515
of which Trade receivables: -€24,684
- Tangible fixed assets -€14,240
down €14,240 (-49.5%), from €28,783 to €14,544
of which Furniture and vehicles: -€14,194
- Profit (loss) carried forward -€200,592
down €200,592 (-69.8%), from €287,256 to €86,663
- Other debts +€151,168
up €151,168 (+2130.8%), from €7,095 to €158,263
- Tax, wage and social debts -€36,805
down €36,805 (-83.1%), from €44,305 to €7,500
of which Taxes: -€35,929
- Gross operating margin -€166,718
down €166,718, from €128,291 to -€38,426
- Taxes -€28,188
down €28,188 (-98.0%), from €28,769 to €581
- Financial income -€6,987
down €6,987 (-65.2%), from €10,720 to €3,732
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 | €559,888 | €473,391 | -€86,497 | -15.4% |
| Fixed assets | 21/28 | €28,783 | €14,544 | -€14,240 | -49.5% |
| Tangible fixed assets | 22/27 | €28,783 | €14,544 | -€14,240 | -49.5% |
| Plant, machinery and equipment | 23 | €46 | €0 | -€46 | -100.0% |
| Furniture and vehicles | 24 | €28,737 | €14,544 | -€14,194 | -49.4% |
| Current assets | 29/58 | €531,105 | €458,847 | -€72,258 | -13.6% |
| Amounts receivable within one year | 40/41 | €24,684 | €5,515 | -€19,169 | -77.7% |
| Trade receivables | 40 | €24,684 | €0 | -€24,684 | -100.0% |
| Other amounts receivable | 41 | - | €5,515 | +€5,515 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €503,231 | €449,848 | -€53,383 | -10.6% |
| Deferred charges and accrued income | 490/1 | €3,190 | €3,483 | +€294 | +9.2% |
| Total equity and liabilities | 10/49 | €559,888 | €473,391 | -€86,497 | -15.4% |
| Equity | 10/15 | €507,256 | €306,663 | -€200,592 | -39.5% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €287,256 | €86,663 | -€200,592 | -69.8% |
| Amounts payable | 17/49 | €52,632 | €166,727 | +€114,095 | +216.8% |
| Amounts payable within one year | 42/48 | €52,632 | €166,727 | +€114,095 | +216.8% |
| Trade debts | 44 | €1,232 | €965 | -€268 | -21.7% |
| Suppliers | 440/4 | €1,232 | €965 | -€268 | -21.7% |
| Taxes, remuneration and social security | 45 | €44,305 | €7,500 | -€36,805 | -83.1% |
| Taxes | 450/3 | €38,929 | €3,000 | -€35,929 | -92.3% |
| Remuneration and social security | 454/9 | €5,376 | €4,500 | -€876 | -16.3% |
| Other amounts payable | 47/48 | €7,095 | €158,263 | +€151,168 | +2130.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,793 | €14,240 | -€553 | -3.7% |
| Other operating charges | 640/8 | €989 | €928 | -€61 | -6.2% |
| Gross operating margin | 9900 | €128,291 | -€38,426 | -€166,718 | |
| Operating profit (loss) | 9901 | €112,509 | -€53,594 | -€166,103 | |
| Financial income | 75/76B | €10,720 | €3,732 | -€6,987 | -65.2% |
| Recurring financial income | 75 | €10,720 | €3,732 | -€6,987 | -65.2% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €123,094 | -€50,012 | -€173,106 | |
| Income taxes | 67/77 | €28,769 | €581 | -€28,188 | -98.0% |
| Profit (loss) for the period | 9904 | €94,326 | -€50,592 | -€144,918 | |
| Profit (loss) for the period to be appropriated | 9905 | €94,326 | -€50,592 | -€144,918 |
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 2 October 2026 via checked.be.