JOINTA: 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.
JOINTA
Largest movements
- Receivables within one year +€40,741
up €40,741 (+93.8%), from €43,454 to €84,195
of which Trade receivables: +€39,500
- Reserves +€36,609
up €36,609 (+31567.9%), from €116 to €36,725
- Trade debts +€27,381
up €27,381 (+557.5%), from €4,912 to €32,293
- Tax, wage and social debts -€16,633
down €16,633 (-63.6%), from €26,134 to €9,501
- Other debts -€6,391
down €6,391 (-65.0%), from €9,833 to €3,443
- Write-downs -€76,616
down €76,616, from €45,871 to -€30,745
- Gross operating margin -€40,609
down €40,609 (-70.3%), from €57,756 to €17,148
- Taxes +€9,068
up €9,068 (+4190.4%), from €216 to €9,285
- Other operating charges -€1,066
down €1,066 (-55.8%), from €1,909 to €844
- Financial charges +€1,040
up €1,040 (+707.4%), from €147 to €1,187
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 | €43,495 | €84,461 | +€40,967 | +94.2% |
| Current assets | 29/58 | €43,495 | €84,461 | +€40,967 | +94.2% |
| Amounts receivable within one year | 40/41 | €43,454 | €84,195 | +€40,741 | +93.8% |
| Trade receivables | 40 | €42,900 | €82,400 | +€39,500 | +92.1% |
| Other amounts receivable | 41 | €554 | €1,795 | +€1,241 | +223.8% |
| Cash at bank and in hand | 54/58 | €40 | €266 | +€226 | +563.2% |
| Total equity and liabilities | 10/49 | €43,495 | €84,461 | +€40,967 | +94.2% |
| Equity | 10/15 | €2,616 | €39,225 | +€36,609 | +1399.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €116 | €36,725 | +€36,609 | +31567.9% |
| Distributable reserves | 133 | €116 | €36,725 | +€36,609 | +31567.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €40,879 | €45,236 | +€4,358 | +10.7% |
| Amounts payable within one year | 42/48 | €40,879 | €45,236 | +€4,358 | +10.7% |
| Trade debts | 44 | €4,912 | €32,293 | +€27,381 | +557.5% |
| Suppliers | 440/4 | €4,912 | €32,293 | +€27,381 | +557.5% |
| Taxes, remuneration and social security | 45 | €26,134 | €9,501 | -€16,633 | -63.6% |
| Taxes | 450/3 | €26,134 | €9,501 | -€16,633 | -63.6% |
| Other amounts payable | 47/48 | €9,833 | €3,443 | -€6,391 | -65.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €45,871 | -€30,745 | -€76,616 | |
| Other operating charges | 640/8 | €1,909 | €844 | -€1,066 | -55.8% |
| Gross operating margin | 9900 | €57,756 | €17,148 | -€40,609 | -70.3% |
| Operating profit (loss) | 9901 | €9,976 | €47,050 | +€37,074 | +371.6% |
| Financial income | 75/76B | €24 | €32 | +€8 | +33.5% |
| Recurring financial income | 75 | €24 | €32 | +€8 | +33.5% |
| Financial charges | 65/66B | €147 | €1,187 | +€1,040 | +707.4% |
| Recurring financial charges | 65 | €147 | €1,187 | +€1,040 | +707.4% |
| Profit (loss) for the period before taxes | 9903 | €9,852 | €45,894 | +€36,041 | +365.8% |
| Income taxes | 67/77 | €216 | €9,285 | +€9,068 | +4190.4% |
| Profit (loss) for the period | 9904 | €9,636 | €36,609 | +€26,973 | +279.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,636 | €36,609 | +€26,973 | +279.9% |
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 7 October 2026 via checked.be.