JOKER: 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.
JOKER
Largest movements
- Tangible fixed assets -€16,636
down €16,636 (-3.4%), from €493,545 to €476,909
- Other debts -€19,014
down €19,014 (-53.1%), from €35,782 to €16,768
- Gross operating margin +€2,318
up €2,318 (+11.5%), from €20,082 to €22,400
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 | €515,709 | €499,384 | -€16,324 | -3.2% |
| Fixed assets | 21/28 | €493,545 | €476,909 | -€16,636 | -3.4% |
| Tangible fixed assets | 22/27 | €493,545 | €476,909 | -€16,636 | -3.4% |
| Land and buildings | 22 | €493,545 | €476,909 | -€16,636 | -3.4% |
| Current assets | 29/58 | €22,163 | €22,475 | +€312 | +1.4% |
| Amounts receivable within one year | 40/41 | €426 | - | -€426 | |
| Trade receivables | 40 | €426 | - | -€426 | |
| Cash at bank and in hand | 54/58 | €20,739 | €21,447 | +€708 | +3.4% |
| Deferred charges and accrued income | 490/1 | €998 | €1,028 | +€30 | +3.0% |
| Total equity and liabilities | 10/49 | €515,709 | €499,384 | -€16,324 | -3.2% |
| Equity | 10/15 | €229,886 | €232,584 | +€2,698 | +1.2% |
| Contributions | 10/11 | €268,595 | €268,595 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,709 | -€36,011 | +€2,698 | +7.0% |
| Amounts payable | 17/49 | €285,823 | €266,801 | -€19,022 | -6.7% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Other amounts payable | 178/9 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €35,823 | €16,801 | -€19,022 | -53.1% |
| Trade debts | 44 | €40 | €32 | -€8 | -20.4% |
| Suppliers | 440/4 | €40 | €32 | -€8 | -20.4% |
| Other amounts payable | 47/48 | €35,782 | €16,768 | -€19,014 | -53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,636 | €16,636 | = | 0.0% |
| Other operating charges | 640/8 | €2,936 | €3,027 | +€91 | +3.1% |
| Gross operating margin | 9900 | €20,082 | €22,400 | +€2,318 | +11.5% |
| Operating profit (loss) | 9901 | €509 | €2,736 | +€2,227 | +437.2% |
| Financial charges | 65/66B | €38 | €38 | = | 0.0% |
| Recurring financial charges | 65 | €38 | €38 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €471 | €2,698 | +€2,227 | +472.9% |
| Profit (loss) for the period | 9904 | €471 | €2,698 | +€2,227 | +472.9% |
| Profit (loss) for the period to be appropriated | 9905 | €471 | €2,698 | +€2,227 | +472.9% |
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 9 October 2026 via checked.be.