JOJOCO: 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.
JOJOCO
Largest movements
- Receivables within one year -€71,195
down €71,195 (-46.2%), from €154,261 to €83,066
of which Other amounts receivable: -€94,611
- Tangible fixed assets -€21,155
down €21,155 (-2.1%), from €999,531 to €978,376
of which Assets under construction and advance payments: -€513,442
- Reserves -€90,768
down €90,768 (-22.0%), from €413,441 to €322,673
- Debts after one year -€32,731
down €32,731 (-5.2%), from €633,813 to €601,082
- Gross operating margin +€55,858
up €55,858 (+56.0%), from €99,830 to €155,688
- Depreciation +€25,442
up €25,442 (+55.9%), from €45,515 to €70,957
- Financial income -€7,319
down €7,319 (-84.1%), from €8,699 to €1,381
- Taxes +€5,262
up €5,262 (+61.6%), from €8,540 to €13,802
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 | €1,175,352 | €1,070,035 | -€105,317 | -9.0% |
| Fixed assets | 21/28 | €999,531 | €978,376 | -€21,155 | -2.1% |
| Tangible fixed assets | 22/27 | €999,531 | €978,376 | -€21,155 | -2.1% |
| Land and buildings | 22 | €483,142 | €939,045 | +€455,903 | +94.4% |
| Plant, machinery and equipment | 23 | €2,489 | €1,532 | -€957 | -38.5% |
| Furniture and vehicles | 24 | €458 | €13,509 | +€13,051 | +2849.3% |
| Leasing and similar rights | 25 | - | €24,290 | +€24,290 | |
| Assets under construction and advance payments | 27 | €513,442 | €0 | -€513,442 | -100.0% |
| Current assets | 29/58 | €175,822 | €91,659 | -€84,162 | -47.9% |
| Amounts receivable within one year | 40/41 | €154,261 | €83,066 | -€71,195 | -46.2% |
| Trade receivables | 40 | €0 | €23,416 | +€23,416 | |
| Other amounts receivable | 41 | €154,261 | €59,650 | -€94,611 | -61.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €15,859 | €6,840 | -€9,019 | -56.9% |
| Deferred charges and accrued income | 490/1 | €5,702 | €1,754 | -€3,948 | -69.2% |
| Total equity and liabilities | 10/49 | €1,175,352 | €1,070,035 | -€105,317 | -9.0% |
| Equity | 10/15 | €425,841 | €335,073 | -€90,768 | -21.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €413,441 | €322,673 | -€90,768 | -22.0% |
| Distributable reserves | 133 | €413,441 | €322,673 | -€90,768 | -22.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €749,511 | €734,962 | -€14,549 | -1.9% |
| Amounts payable after more than one year | 17 | €633,813 | €601,082 | -€32,731 | -5.2% |
| Financial debts | 170/4 | €633,813 | €601,082 | -€32,731 | -5.2% |
| Amounts payable within one year | 42/48 | €115,698 | €133,880 | +€18,182 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €56,878 | €64,192 | +€7,314 | +12.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €26,720 | €28,428 | +€1,708 | +6.4% |
| Suppliers | 440/4 | €26,720 | €28,428 | +€1,708 | +6.4% |
| Taxes, remuneration and social security | 45 | €31,938 | €34,808 | +€2,870 | +9.0% |
| Taxes | 450/3 | €31,938 | €34,808 | +€2,870 | +9.0% |
| Other amounts payable | 47/48 | €162 | €6,452 | +€6,290 | +3875.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,515 | €70,957 | +€25,442 | +55.9% |
| Other operating charges | 640/8 | €7,114 | €8,214 | +€1,100 | +15.5% |
| Gross operating margin | 9900 | €99,830 | €155,688 | +€55,858 | +56.0% |
| Operating profit (loss) | 9901 | €47,201 | €76,517 | +€29,316 | +62.1% |
| Financial income | 75/76B | €8,699 | €1,381 | -€7,319 | -84.1% |
| Recurring financial income | 75 | €8,699 | €1,381 | -€7,319 | -84.1% |
| Financial charges | 65/66B | €26,969 | €28,363 | +€1,394 | +5.2% |
| Recurring financial charges | 65 | €26,969 | €28,363 | +€1,394 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €28,932 | €49,535 | +€20,603 | +71.2% |
| Income taxes | 67/77 | €8,540 | €13,802 | +€5,262 | +61.6% |
| Profit (loss) for the period | 9904 | €20,391 | €35,732 | +€15,341 | +75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,391 | €35,732 | +€15,341 | +75.2% |
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 8 October 2026 via checked.be.