JOKAPI: 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.
JOKAPI
Largest movements
- Receivables within one year +€14,667
up €14,667 (+27.1%), from €54,097 to €68,764
of which Other amounts receivable: +€12,911
- Reserves +€6,500
up €6,500 (+7.8%), from €83,226 to €89,726
of which Distributable reserves: +€6,500
- Trade debts +€4,905
up €4,905 (+220%), from €2,231 to €7,136
- Tax, wage and social debts +€2,622
up €2,622 (+16.2%), from €16,173 to €18,795
- Taxes +€18,629
up €18,629 (+226%), from €8,226 to €26,855
- Gross operating margin +€9,251
up €9,251 (+32.6%), from €28,401 to €37,652
- Other operating charges +€2,162
up €2,162 (+104%), from €2,080 to €4,242
- Depreciation -€396
no longer reported in 2025 (was €396)
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 | €136,682 | €150,752 | +€14,070 | +10.3% |
| Current assets | 29/58 | €136,682 | €150,752 | +€14,070 | +10.3% |
| Amounts receivable within one year | 40/41 | €54,097 | €68,764 | +€14,667 | +27.1% |
| Trade receivables | 40 | €32,987 | €34,744 | +€1,756 | +5.3% |
| Other amounts receivable | 41 | €21,110 | €34,021 | +€12,911 | +61.2% |
| Cash at bank and in hand | 54/58 | €82,585 | €81,988 | -€597 | -0.7% |
| Total equity and liabilities | 10/49 | €136,682 | €150,752 | +€14,070 | +10.3% |
| Equity | 10/15 | €118,279 | €124,821 | +€6,543 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,226 | €89,726 | +€6,500 | +7.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €81,366 | €87,866 | +€6,500 | +8.0% |
| Profit (loss) carried forward | 14 | €16,453 | €16,495 | +€43 | +0.3% |
| Amounts payable | 17/49 | €18,404 | €25,931 | +€7,527 | +40.9% |
| Amounts payable within one year | 42/48 | €18,404 | €25,931 | +€7,527 | +40.9% |
| Trade debts | 44 | €2,231 | €7,136 | +€4,905 | +220% |
| Suppliers | 440/4 | €2,231 | €7,136 | +€4,905 | +220% |
| Taxes, remuneration and social security | 45 | €16,173 | €18,795 | +€2,622 | +16.2% |
| Taxes | 450/3 | €16,173 | €18,795 | +€2,622 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396 | - | -€396 | |
| Other operating charges | 640/8 | €2,080 | €4,242 | +€2,162 | +104% |
| Gross operating margin | 9900 | €28,401 | €37,652 | +€9,251 | +32.6% |
| Operating profit (loss) | 9901 | €25,924 | €33,409 | +€7,485 | +28.9% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €30 | €12 | -€18 | -61.0% |
| Recurring financial charges | 65 | €30 | €12 | -€18 | -61.0% |
| Profit (loss) for the period before taxes | 9903 | €25,895 | €33,398 | +€7,503 | +29.0% |
| Income taxes | 67/77 | €8,226 | €26,855 | +€18,629 | +226% |
| Profit (loss) for the period | 9904 | €17,668 | €6,543 | -€11,126 | -63.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,668 | €6,543 | -€11,126 | -63.0% |
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 15 October 2026 via checked.be.