JOJOH: 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.
JOJOH
Largest movements
- Receivables within one year +€31,988
up €31,988 (+45.2%), from €70,758 to €102,745
of which Trade receivables: +€28,892
- Cash +€31,841
up €31,841 (+9.2%), from €347,771 to €379,612
mainly Net result for the year (+€148,750) and Depreciation (+€48,694)
- Tangible fixed assets -€28,030
down €28,030 (-28.6%), from €97,962 to €69,932
of which Furniture and vehicles: -€47,056
- Reserves +€44,235
up €44,235 (+9.6%), from €462,771 to €507,006
- Gross operating margin +€57,710
up €57,710 (+31.5%), from €183,195 to €240,904
- Taxes +€14,399
up €14,399 (+51.0%), from €28,239 to €42,638
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 | €516,491 | €554,846 | +€38,355 | +7.4% |
| Fixed assets | 21/28 | €97,962 | €69,932 | -€28,030 | -28.6% |
| Tangible fixed assets | 22/27 | €97,962 | €69,932 | -€28,030 | -28.6% |
| Plant, machinery and equipment | 23 | €3,689 | €2,487 | -€1,202 | -32.6% |
| Furniture and vehicles | 24 | €94,272 | €47,217 | -€47,056 | -49.9% |
| Other tangible fixed assets | 26 | - | €20,228 | +€20,228 | |
| Current assets | 29/58 | €418,529 | €484,913 | +€66,384 | +15.9% |
| Amounts receivable within one year | 40/41 | €70,758 | €102,745 | +€31,988 | +45.2% |
| Trade receivables | 40 | €69,953 | €98,845 | +€28,892 | +41.3% |
| Other amounts receivable | 41 | €805 | €3,900 | +€3,096 | +385% |
| Cash at bank and in hand | 54/58 | €347,771 | €379,612 | +€31,841 | +9.2% |
| Deferred charges and accrued income | 490/1 | €0 | €2,556 | +€2,556 | |
| Total equity and liabilities | 10/49 | €516,491 | €554,846 | +€38,355 | +7.4% |
| Equity | 10/15 | €467,771 | €512,006 | +€44,235 | +9.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €462,771 | €507,006 | +€44,235 | +9.6% |
| Distributable reserves | 133 | €462,771 | €507,006 | +€44,235 | +9.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €48,720 | €42,839 | -€5,881 | -12.1% |
| Amounts payable within one year | 42/48 | €48,720 | €42,839 | -€5,881 | -12.1% |
| Trade debts | 44 | €4,570 | €1,909 | -€2,661 | -58.2% |
| Suppliers | 440/4 | €4,570 | €1,909 | -€2,661 | -58.2% |
| Advances received on contracts in progress | 46 | €15,246 | €16,650 | +€1,404 | +9.2% |
| Taxes, remuneration and social security | 45 | €28,904 | €24,281 | -€4,624 | -16.0% |
| Taxes | 450/3 | €28,904 | €24,281 | -€4,624 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,600 | €48,694 | -€907 | -1.8% |
| Other operating charges | 640/8 | €732 | €752 | +€20 | +2.7% |
| Gross operating margin | 9900 | €183,195 | €240,904 | +€57,710 | +31.5% |
| Operating profit (loss) | 9901 | €132,862 | €191,458 | +€58,596 | +44.1% |
| Financial income | 75/76B | €2 | €1 | -€2 | -75.0% |
| Recurring financial income | 75 | €2 | €1 | -€2 | -75.0% |
| Financial charges | 65/66B | €110 | €70 | -€40 | -36.2% |
| Recurring financial charges | 65 | €110 | €70 | -€40 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €132,754 | €191,388 | +€58,634 | +44.2% |
| Income taxes | 67/77 | €28,239 | €42,638 | +€14,399 | +51.0% |
| Profit (loss) for the period | 9904 | €104,515 | €148,750 | +€44,235 | +42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €104,515 | €148,750 | +€44,235 | +42.3% |
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 1 November 2026 via checked.be.