JoJa: 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.
JoJa
Largest movements
- Receivables after one year -€190,500
no longer reported in 2025 (was €190,500)
- Tangible fixed assets -€12,723
down €12,723 (-49.8%), from €25,554 to €12,831
- Receivables within one year -€10,061
down €10,061 (-36.6%), from €27,483 to €17,422
- Deferred charges and accrued income -€6,057
down €6,057 (-47.0%), from €12,877 to €6,820
- Cash -€4,865
down €4,865 (-4.5%), from €107,449 to €102,584
mainly Contributions, distributions and other (-€294,213) and Tax, wage and social debts (-€6,875)
- Reserves -€225,381
down €225,381 (-66.1%), from €341,157 to €115,777
- Tax, wage and social debts -€6,875
down €6,875 (-70.4%), from €9,771 to €2,896
of which Taxes: -€6,898
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Gross operating margin +€8,224
up €8,224 (+8.5%), from €96,484 to €104,708
- Taxes +€1,687
up €1,687 (+9.1%), from €18,457 to €20,144
- Depreciation +€1,126
up €1,126 (+9.7%), from €11,597 to €12,723
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 | €365,364 | €141,157 | -€224,207 | -61.4% |
| Fixed assets | 21/28 | €27,054 | €14,331 | -€12,723 | -47.0% |
| Tangible fixed assets | 22/27 | €25,554 | €12,831 | -€12,723 | -49.8% |
| Furniture and vehicles | 24 | €25,554 | €12,831 | -€12,723 | -49.8% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €338,310 | €126,826 | -€211,483 | -62.5% |
| Amounts receivable after more than one year | 29 | €190,500 | - | -€190,500 | |
| Other amounts receivable | 291 | €190,500 | - | -€190,500 | |
| Amounts receivable within one year | 40/41 | €27,483 | €17,422 | -€10,061 | -36.6% |
| Other amounts receivable | 41 | €27,483 | €17,422 | -€10,061 | -36.6% |
| Cash at bank and in hand | 54/58 | €107,449 | €102,584 | -€4,865 | -4.5% |
| Deferred charges and accrued income | 490/1 | €12,877 | €6,820 | -€6,057 | -47.0% |
| Total equity and liabilities | 10/49 | €365,364 | €141,157 | -€224,207 | -61.4% |
| Equity | 10/15 | €353,557 | €134,377 | -€219,181 | -62.0% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €341,157 | €115,777 | -€225,381 | -66.1% |
| Distributable reserves | 133 | €341,157 | €115,777 | -€225,381 | -66.1% |
| Amounts payable | 17/49 | €11,807 | €6,781 | -€5,026 | -42.6% |
| Amounts payable within one year | 42/48 | €11,807 | €6,781 | -€5,026 | -42.6% |
| Trade debts | 44 | €2,036 | €1,416 | -€620 | -30.5% |
| Suppliers | 440/4 | €2,036 | €1,416 | -€620 | -30.5% |
| Taxes, remuneration and social security | 45 | €9,771 | €2,896 | -€6,875 | -70.4% |
| Taxes | 450/3 | €6,898 | - | -€6,898 | |
| Remuneration and social security | 454/9 | €2,873 | €2,896 | +€24 | +0.8% |
| Other amounts payable | 47/48 | - | €2,469 | +€2,469 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,597 | €12,723 | +€1,126 | +9.7% |
| Other operating charges | 640/8 | €750 | €1,225 | +€475 | +63.4% |
| Gross operating margin | 9900 | €96,484 | €104,708 | +€8,224 | +8.5% |
| Operating profit (loss) | 9901 | €84,137 | €90,760 | +€6,623 | +7.9% |
| Financial income | 75/76B | €4,313 | €4,580 | +€266 | +6.2% |
| Recurring financial income | 75 | €4,313 | €4,580 | +€266 | +6.2% |
| Financial charges | 65/66B | €312 | €163 | -€149 | -47.7% |
| Recurring financial charges | 65 | €312 | €163 | -€149 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | €88,139 | €95,177 | +€7,038 | +8.0% |
| Income taxes | 67/77 | €18,457 | €20,144 | +€1,687 | +9.1% |
| Profit (loss) for the period | 9904 | €69,682 | €75,033 | +€5,351 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €69,682 | €75,033 | +€5,351 | +7.7% |
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 30 September 2026 via checked.be.