JOKACE: 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.
JOKACE
Largest movements
- Current investments +€298,500
up €298,500 (+48.6%), from €613,998 to €912,498
- Cash -€28,492
down €28,492 (-26.6%), from €107,174 to €78,683
mainly Current investments (-€298,500) and Contributions, distributions and other (-€23,100)
- Receivables within one year -€18,104
down €18,104 (-41.8%), from €43,328 to €25,224
of which Trade receivables: -€18,104
- Reserves +€196,000
up €196,000 (+28.2%), from €695,000 to €891,000
- Tax, wage and social debts +€34,185
up €34,185 (+70.7%), from €48,361 to €82,546
of which Taxes: +€32,956
- Other debts +€21,500
up €21,500 (+1343.8%), from €1,600 to €23,100
- Gross operating margin +€36,802
up €36,802 (+12.7%), from €288,762 to €325,564
- Taxes +€12,388
up €12,388 (+16.9%), from €73,455 to €85,843
- Financial income +€9,971
up €9,971 (+59.4%), from €16,773 to €26,744
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 | €768,944 | €1,019,457 | +€250,513 | +32.6% |
| Fixed assets | 21/28 | €4,252 | €2,856 | -€1,396 | -32.8% |
| Tangible fixed assets | 22/27 | €4,252 | €2,856 | -€1,396 | -32.8% |
| Furniture and vehicles | 24 | €4,252 | €2,856 | -€1,396 | -32.8% |
| Current assets | 29/58 | €764,692 | €1,016,601 | +€251,909 | +32.9% |
| Amounts receivable within one year | 40/41 | €43,328 | €25,224 | -€18,104 | -41.8% |
| Trade receivables | 40 | €23,328 | €5,224 | -€18,104 | -77.6% |
| Other amounts receivable | 41 | €20,000 | €20,000 | = | 0.0% |
| Current investments | 50/53 | €613,998 | €912,498 | +€298,500 | +48.6% |
| Cash at bank and in hand | 54/58 | €107,174 | €78,683 | -€28,492 | -26.6% |
| Deferred charges and accrued income | 490/1 | €192 | €197 | +€5 | +2.5% |
| Total equity and liabilities | 10/49 | €768,944 | €1,019,457 | +€250,513 | +32.6% |
| Equity | 10/15 | €714,990 | €909,717 | +€194,727 | +27.2% |
| Contributions | 10/11 | €18,500 | €18,500 | = | 0.0% |
| Reserves | 13 | €695,000 | €891,000 | +€196,000 | +28.2% |
| Non-distributable reserves | 130/1 | €695,000 | €891,000 | +€196,000 | +28.2% |
| Reserves not available under the articles | 1311 | €695,000 | €891,000 | +€196,000 | +28.2% |
| Profit (loss) carried forward | 14 | €1,490 | €217 | -€1,273 | -85.4% |
| Amounts payable | 17/49 | €53,954 | €109,740 | +€55,786 | +103.4% |
| Amounts payable within one year | 42/48 | €53,954 | €109,551 | +€55,597 | +103.0% |
| Trade debts | 44 | €3,993 | €3,905 | -€88 | -2.2% |
| Suppliers | 440/4 | €3,993 | €3,905 | -€88 | -2.2% |
| Taxes, remuneration and social security | 45 | €48,361 | €82,546 | +€34,185 | +70.7% |
| Taxes | 450/3 | €43,730 | €76,686 | +€32,956 | +75.4% |
| Remuneration and social security | 454/9 | €4,631 | €5,860 | +€1,229 | +26.5% |
| Other amounts payable | 47/48 | €1,600 | €23,100 | +€21,500 | +1343.8% |
| Accrued charges and deferred income | 492/3 | - | €189 | +€189 | |
| Remuneration, social security and pensions | 62 | €44,379 | €45,121 | +€741 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €826 | €1,396 | +€571 | +69.1% |
| Other operating charges | 640/8 | €2,103 | €1,706 | -€397 | -18.9% |
| Non-recurring operating charges | 66A | €14,486 | - | -€14,486 | |
| Gross operating margin | 9900 | €288,762 | €325,564 | +€36,802 | +12.7% |
| Operating profit (loss) | 9901 | €226,969 | €277,342 | +€50,373 | +22.2% |
| Financial income | 75/76B | €16,773 | €26,744 | +€9,971 | +59.4% |
| Recurring financial income | 75 | €16,773 | €26,744 | +€9,971 | +59.4% |
| Financial charges | 65/66B | €297 | €416 | +€118 | +39.8% |
| Recurring financial charges | 65 | €297 | €416 | +€118 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €243,444 | €303,670 | +€60,226 | +24.7% |
| Income taxes | 67/77 | €73,455 | €85,843 | +€12,388 | +16.9% |
| Profit (loss) for the period | 9904 | €169,989 | €217,827 | +€47,838 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €169,989 | €217,827 | +€47,838 | +28.1% |
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 1 October 2026 via checked.be.