JOKEMI: 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.
JOKEMI
Largest movements
- Financial fixed assets +€983,884
new in 2025: €983,884
- Receivables within one year +€187,640
up €187,640 (+189%), from €99,543 to €287,183
of which Other amounts receivable: +€207,875
- Tangible fixed assets -€79,374
down €79,374 (-7.4%), from €1.1m to €995,089
of which Land and buildings: -€88,199
- Debts after one year +€1.0m
up €1.0m (+112%), from €899,219 to €1.9m
- Reserves +€50,991
up €50,991 (+51.6%), from €98,730 to €149,720
- Financial charges +€41,591
up €41,591 (+158%), from €26,320 to €67,912
- Write-downs -€27,566
down €27,566, from €19,628 to -€7,938
- Financial income +€26,855
up €26,855 (+6,537%), from €411 to €27,265
- Other operating charges +€5,126
up €5,126 (+21.1%), from €24,346 to €29,472
- Gross operating margin -€4,148
down €4,148 (-1.8%), from €226,933 to €222,785
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 | €1,203,344 | €2,273,454 | +€1.1m | +88.9% |
| Fixed assets | 21/28 | €1,074,463 | €1,978,974 | +€904,510 | +84.2% |
| Tangible fixed assets | 22/27 | €1,074,463 | €995,089 | -€79,374 | -7.4% |
| Land and buildings | 22 | €1,070,377 | €982,178 | -€88,199 | -8.2% |
| Plant, machinery and equipment | 23 | €4,086 | €12,911 | +€8,825 | +216% |
| Financial fixed assets | 28 | - | €983,884 | +€983,884 | |
| Current assets | 29/58 | €128,881 | €294,480 | +€165,599 | +128% |
| Amounts receivable within one year | 40/41 | €99,543 | €287,183 | +€187,640 | +189% |
| Trade receivables | 40 | €48,701 | €28,466 | -€20,235 | -41.5% |
| Other amounts receivable | 41 | €50,842 | €258,717 | +€207,875 | +409% |
| Cash at bank and in hand | 54/58 | €25,000 | €3,354 | -€21,645 | -86.6% |
| Deferred charges and accrued income | 490/1 | €4,338 | €3,943 | -€395 | -9.1% |
| Total equity and liabilities | 10/49 | €1,203,344 | €2,273,454 | +€1.1m | +88.9% |
| Equity | 10/15 | €117,330 | €168,320 | +€50,991 | +43.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,730 | €149,720 | +€50,991 | +51.6% |
| Distributable reserves | 133 | €98,730 | €149,720 | +€50,991 | +51.6% |
| Amounts payable | 17/49 | €1,086,014 | €2,105,133 | +€1.0m | +93.8% |
| Amounts payable after more than one year | 17 | €899,219 | €1,906,796 | +€1.0m | +112% |
| Financial debts | 170/4 | €899,219 | €1,906,796 | +€1.0m | +112% |
| Amounts payable within one year | 42/48 | €151,095 | €181,116 | +€30,021 | +19.9% |
| Current portion of amounts payable after more than one year | 42 | €112,023 | €110,582 | -€1,440 | -1.3% |
| Trade debts | 44 | €4,127 | €17,632 | +€13,506 | +327% |
| Suppliers | 440/4 | €4,127 | €17,632 | +€13,506 | +327% |
| Taxes, remuneration and social security | 45 | €23,625 | €29,123 | +€5,498 | +23.3% |
| Taxes | 450/3 | €23,625 | €29,123 | +€5,498 | +23.3% |
| Other amounts payable | 47/48 | €11,321 | €23,778 | +€12,458 | +110% |
| Accrued charges and deferred income | 492/3 | €35,701 | €17,221 | -€18,480 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,118 | €91,052 | +€1,934 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,628 | -€7,938 | -€27,566 | |
| Other operating charges | 640/8 | €24,346 | €29,472 | +€5,126 | +21.1% |
| Gross operating margin | 9900 | €226,933 | €222,785 | -€4,148 | -1.8% |
| Operating profit (loss) | 9901 | €93,841 | €110,199 | +€16,358 | +17.4% |
| Financial income | 75/76B | €411 | €27,265 | +€26,855 | +6,537% |
| Recurring financial income | 75 | €411 | €27,265 | +€26,855 | +6,537% |
| Financial charges | 65/66B | €26,320 | €67,912 | +€41,591 | +158% |
| Recurring financial charges | 65 | €26,320 | €67,912 | +€41,591 | +158% |
| Profit (loss) for the period before taxes | 9903 | €67,931 | €69,552 | +€1,621 | +2.4% |
| Income taxes | 67/77 | €18,061 | €18,562 | +€501 | +2.8% |
| Profit (loss) for the period | 9904 | €49,870 | €50,991 | +€1,121 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,870 | €50,991 | +€1,121 | +2.2% |
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.