JoKaPro: 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.
JoKaPro
Largest movements
- Current investments +€15,000
up €15,000 (+12.5%), from €120,000 to €135,000
- Cash +€11,906
up €11,906 (+116%), from €10,296 to €22,202
mainly Net result for the year (+€34,692) and Trade debts (+€4,623)
- Tangible fixed assets +€5,204
up €5,204 (+65.6%), from €7,937 to €13,141
- Receivables within one year +€2,166
up €2,166 (+8.4%), from €25,855 to €28,020
of which Trade receivables: +€2,166
- Reserves +€34,692
up €34,692 (+24.1%), from €144,140 to €178,833
- Tax, wage and social debts -€5,342
down €5,342 (-51.9%), from €10,300 to €4,958
- Trade debts +€4,623
up €4,623 (+443%), from €1,044 to €5,667
- Gross operating margin +€9,472
up €9,472 (+23.1%), from €40,916 to €50,388
- Other operating charges -€6,469
down €6,469 (-90.8%), from €7,126 to €657
- Taxes +€2,330
up €2,330 (+20.7%), from €11,271 to €13,600
- Financial income +€1,844
up €1,844 (+225%), from €818 to €2,662
- Depreciation +€1,683
up €1,683 (+187%), from €901 to €2,583
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 | €165,534 | €199,864 | +€34,330 | +20.7% |
| Fixed assets | 21/28 | €7,937 | €13,141 | +€5,204 | +65.6% |
| Tangible fixed assets | 22/27 | €7,937 | €13,141 | +€5,204 | +65.6% |
| Furniture and vehicles | 24 | €7,937 | €13,141 | +€5,204 | +65.6% |
| Current assets | 29/58 | €157,597 | €186,723 | +€29,126 | +18.5% |
| Amounts receivable within one year | 40/41 | €25,855 | €28,020 | +€2,166 | +8.4% |
| Trade receivables | 40 | €23,380 | €25,546 | +€2,166 | +9.3% |
| Other amounts receivable | 41 | €2,475 | €2,475 | = | 0.0% |
| Current investments | 50/53 | €120,000 | €135,000 | +€15,000 | +12.5% |
| Cash at bank and in hand | 54/58 | €10,296 | €22,202 | +€11,906 | +116% |
| Deferred charges and accrued income | 490/1 | €1,446 | €1,500 | +€54 | +3.7% |
| Total equity and liabilities | 10/49 | €165,534 | €199,864 | +€34,330 | +20.7% |
| Equity | 10/15 | €150,340 | €185,033 | +€34,692 | +23.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €144,140 | €178,833 | +€34,692 | +24.1% |
| Distributable reserves | 133 | €144,140 | €178,833 | +€34,692 | +24.1% |
| Amounts payable | 17/49 | €15,194 | €14,831 | -€363 | -2.4% |
| Amounts payable within one year | 42/48 | €14,883 | €14,641 | -€242 | -1.6% |
| Trade debts | 44 | €1,044 | €5,667 | +€4,623 | +443% |
| Suppliers | 440/4 | €1,044 | €5,667 | +€4,623 | +443% |
| Taxes, remuneration and social security | 45 | €10,300 | €4,958 | -€5,342 | -51.9% |
| Taxes | 450/3 | €10,300 | €4,958 | -€5,342 | -51.9% |
| Other amounts payable | 47/48 | €3,539 | €4,016 | +€477 | +13.5% |
| Accrued charges and deferred income | 492/3 | €310 | €190 | -€121 | -38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €901 | €2,583 | +€1,683 | +187% |
| Other operating charges | 640/8 | €7,126 | €657 | -€6,469 | -90.8% |
| Gross operating margin | 9900 | €40,916 | €50,388 | +€9,472 | +23.1% |
| Operating profit (loss) | 9901 | €32,889 | €47,147 | +€14,258 | +43.4% |
| Financial income | 75/76B | €818 | €2,662 | +€1,844 | +225% |
| Recurring financial income | 75 | €818 | €2,662 | +€1,844 | +225% |
| Financial charges | 65/66B | €1,998 | €1,517 | -€481 | -24.1% |
| Recurring financial charges | 65 | €1,998 | €1,517 | -€481 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €31,709 | €48,293 | +€16,584 | +52.3% |
| Income taxes | 67/77 | €11,271 | €13,600 | +€2,330 | +20.7% |
| Profit (loss) for the period | 9904 | €20,438 | €34,692 | +€14,254 | +69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,438 | €34,692 | +€14,254 | +69.7% |
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 16 October 2026 via checked.be.