JOKA: 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.
JOKA
Largest movements
- Tangible fixed assets -€7,928
down €7,928 (-23.3%), from €34,030 to €26,103
- Receivables within one year +€3,865
up €3,865 (+10.2%), from €37,817 to €41,682
of which Trade receivables: +€2,450
- Cash +€1,420
up €1,420 (+7.7%), from €18,548 to €19,969
mainly Depreciation (+€7,928) and Net result for the year (+€4,067)
- Debts after one year -€7,964
down €7,964 (-41.6%), from €19,143 to €11,179
- Reserves +€4,067
up €4,067 (+219%), from €1,859 to €5,926
of which Distributable reserves: +€4,067
- Tax, wage and social debts +€2,101
up €2,101 (+22.5%), from €9,347 to €11,448
of which Remuneration and social security: +€4,522
- Other debts -€954
down €954 (-98.5%), from €968 to €14
- Depreciation +€4,923
up €4,923 (+164%), from €3,004 to €7,928
- Gross operating margin +€3,990
up €3,990 (+20.3%), from €19,649 to €23,639
- Taxes +€2,502
up €2,502 (+38.8%), from €6,451 to €8,953
- Financial charges +€655
up €655 (+110%), from €596 to €1,251
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 | €90,445 | €88,031 | -€2,415 | -2.7% |
| Fixed assets | 21/28 | €34,080 | €26,153 | -€7,928 | -23.3% |
| Tangible fixed assets | 22/27 | €34,030 | €26,103 | -€7,928 | -23.3% |
| Furniture and vehicles | 24 | €34,030 | €26,103 | -€7,928 | -23.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €56,365 | €61,878 | +€5,513 | +9.8% |
| Amounts receivable within one year | 40/41 | €37,817 | €41,682 | +€3,865 | +10.2% |
| Trade receivables | 40 | €13,799 | €16,249 | +€2,450 | +17.8% |
| Other amounts receivable | 41 | €24,018 | €25,433 | +€1,415 | +5.9% |
| Cash at bank and in hand | 54/58 | €18,548 | €19,969 | +€1,420 | +7.7% |
| Deferred charges and accrued income | 490/1 | - | €227 | +€227 | |
| Total equity and liabilities | 10/49 | €90,445 | €88,031 | -€2,415 | -2.7% |
| Equity | 10/15 | €50,977 | €55,043 | +€4,067 | +8.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | €5,926 | +€4,067 | +219% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | - | €4,067 | +€4,067 | |
| Profit (loss) carried forward | 14 | €30,525 | €30,525 | = | 0.0% |
| Amounts payable | 17/49 | €39,469 | €32,987 | -€6,482 | -16.4% |
| Amounts payable after more than one year | 17 | €19,143 | €11,179 | -€7,964 | -41.6% |
| Financial debts | 170/4 | €19,143 | €11,179 | -€7,964 | -41.6% |
| Amounts payable within one year | 42/48 | €20,326 | €21,808 | +€1,482 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €7,620 | €7,964 | +€344 | +4.5% |
| Trade debts | 44 | €2,391 | €2,382 | -€9 | -0.4% |
| Suppliers | 440/4 | €2,391 | €2,382 | -€9 | -0.4% |
| Taxes, remuneration and social security | 45 | €9,347 | €11,448 | +€2,101 | +22.5% |
| Taxes | 450/3 | €9,347 | €6,926 | -€2,421 | -25.9% |
| Remuneration and social security | 454/9 | - | €4,522 | +€4,522 | |
| Other amounts payable | 47/48 | €968 | €14 | -€954 | -98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,004 | €7,928 | +€4,923 | +164% |
| Other operating charges | 640/8 | €1,415 | €1,459 | +€44 | +3.1% |
| Gross operating margin | 9900 | €19,649 | €23,639 | +€3,990 | +20.3% |
| Operating profit (loss) | 9901 | €15,230 | €14,253 | -€977 | -6.4% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €596 | €1,251 | +€655 | +110% |
| Recurring financial charges | 65 | €596 | €1,251 | +€655 | +110% |
| Profit (loss) for the period before taxes | 9903 | €14,633 | €13,020 | -€1,614 | -11.0% |
| Income taxes | 67/77 | €6,451 | €8,953 | +€2,502 | +38.8% |
| Profit (loss) for the period | 9904 | €8,183 | €4,067 | -€4,116 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,183 | €4,067 | -€4,116 | -50.3% |
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 23 October 2026 via checked.be.