JOKASA: 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.
JOKASA
Largest movements
- Cash +€331,025
up €331,025 (+221.3%), from €149,567 to €480,592
mainly Current investments (+€200,000) and Other debts (+€91,118)
- Current investments -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Receivables within one year -€46,399
down €46,399 (-59.2%), from €78,320 to €31,920
of which Other amounts receivable: -€59,314
- Tangible fixed assets -€24,093
down €24,093 (-17.2%), from €139,749 to €115,656
of which Furniture and vehicles: -€23,818
- Other debts +€91,118
up €91,118 (+48.3%), from €188,540 to €279,657
- Reserves -€52,859
down €52,859 (-3.6%), from €1.5m to €1.4m
- Financial income -€67,207
down €67,207 (-61.3%), from €109,554 to €42,347
- Gross operating margin +€42,311
up €42,311 (+62.3%), from €67,871 to €110,182
- Depreciation +€13,600
up €13,600 (+74.7%), from €18,200 to €31,799
- Financial charges +€7,742
up €7,742 (+95.0%), from €8,146 to €15,887
- Taxes -€1,183
down €1,183 (-4.6%), from €25,686 to €24,503
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 | €1,690,419 | €1,738,247 | +€47,828 | +2.8% |
| Fixed assets | 21/28 | €1,230,053 | €1,205,960 | -€24,093 | -2.0% |
| Tangible fixed assets | 22/27 | €139,749 | €115,656 | -€24,093 | -17.2% |
| Plant, machinery and equipment | 23 | €981 | €706 | -€275 | -28.0% |
| Furniture and vehicles | 24 | €138,767 | €114,950 | -€23,818 | -17.2% |
| Financial fixed assets | 28 | €1,090,304 | €1,090,304 | = | 0.0% |
| Current assets | 29/58 | €460,367 | €532,288 | +€71,921 | +15.6% |
| Amounts receivable within one year | 40/41 | €78,320 | €31,920 | -€46,399 | -59.2% |
| Trade receivables | 40 | €14,006 | €26,920 | +€12,914 | +92.2% |
| Other amounts receivable | 41 | €64,314 | €5,000 | -€59,314 | -92.2% |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €149,567 | €480,592 | +€331,025 | +221.3% |
| Deferred charges and accrued income | 490/1 | €32,480 | €19,775 | -€12,705 | -39.1% |
| Total equity and liabilities | 10/49 | €1,690,419 | €1,738,247 | +€47,828 | +2.8% |
| Equity | 10/15 | €1,483,773 | €1,430,913 | -€52,859 | -3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,465,173 | €1,412,313 | -€52,859 | -3.6% |
| Distributable reserves | 133 | €1,465,173 | €1,412,313 | -€52,859 | -3.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €206,647 | €307,334 | +€100,687 | +48.7% |
| Amounts payable within one year | 42/48 | €196,337 | €293,930 | +€97,594 | +49.7% |
| Trade debts | 44 | €6,398 | €2,301 | -€4,097 | -64.0% |
| Suppliers | 440/4 | €6,398 | €2,301 | -€4,097 | -64.0% |
| Taxes, remuneration and social security | 45 | €1,399 | €11,972 | +€10,573 | +755.8% |
| Taxes | 450/3 | €1,399 | €11,972 | +€10,573 | +755.8% |
| Other amounts payable | 47/48 | €188,540 | €279,657 | +€91,118 | +48.3% |
| Accrued charges and deferred income | 492/3 | €10,310 | €13,404 | +€3,094 | +30.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,200 | €31,799 | +€13,600 | +74.7% |
| Other operating charges | 640/8 | €1,777 | €1,716 | -€61 | -3.4% |
| Gross operating margin | 9900 | €67,871 | €110,182 | +€42,311 | +62.3% |
| Operating profit (loss) | 9901 | €47,895 | €76,668 | +€28,773 | +60.1% |
| Financial income | 75/76B | €109,554 | €42,347 | -€67,207 | -61.3% |
| Recurring financial income | 75 | €109,554 | €42,347 | -€67,207 | -61.3% |
| Financial charges | 65/66B | €8,146 | €15,887 | +€7,742 | +95.0% |
| Recurring financial charges | 65 | €8,146 | €15,887 | +€7,742 | +95.0% |
| Profit (loss) for the period before taxes | 9903 | €149,303 | €103,127 | -€46,176 | -30.9% |
| Income taxes | 67/77 | €25,686 | €24,503 | -€1,183 | -4.6% |
| Profit (loss) for the period | 9904 | €123,617 | €78,623 | -€44,993 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €123,617 | €78,623 | -€44,993 | -36.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.