JOKO: 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.
JOKO
Largest movements
- Receivables within one year +€41,295
up €41,295 (+595%), from €6,942 to €48,237
of which Other amounts receivable: +€36,073
- Cash -€24,048
down €24,048 (-37.3%), from €64,420 to €40,372
mainly Receivables within one year (-€41,295) and Tax, wage and social debts (-€8,709)
- Deferred charges and accrued income -€4,297
down €4,297 (-68.9%), from €6,241 to €1,943
- Tangible fixed assets -€1,906
down €1,906 (-27.4%), from €6,968 to €5,062
of which Furniture and vehicles: -€1,101
- Reserves +€22,266
up €22,266 (+44.8%), from €49,733 to €71,999
- Tax, wage and social debts -€8,709
down €8,709 (-29.4%), from €29,661 to €20,952
- Trade debts -€1,481
down €1,481 (-93.2%), from €1,589 to €108
- Other debts -€1,025
no longer reported in 2025 (was €1,025)
- Gross operating margin +€3,332
up €3,332 (+11.4%), from €29,244 to €32,576
- Taxes +€1,457
up €1,457 (+21.2%), from €6,883 to €8,340
- Financial income +€1,011
up €1,011 (+454%), from €223 to €1,233
- Depreciation +€463
up €463 (+32.1%), from €1,443 to €1,906
- Other operating charges +€405
up €405 (+230%), from €176 to €580
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 | €84,571 | €95,614 | +€11,044 | +13.1% |
| Fixed assets | 21/28 | €6,968 | €5,062 | -€1,906 | -27.4% |
| Tangible fixed assets | 22/27 | €6,968 | €5,062 | -€1,906 | -27.4% |
| Furniture and vehicles | 24 | €4,136 | €3,035 | -€1,101 | -26.6% |
| Other tangible fixed assets | 26 | €2,832 | €2,027 | -€805 | -28.4% |
| Current assets | 29/58 | €77,602 | €90,552 | +€12,950 | +16.7% |
| Amounts receivable within one year | 40/41 | €6,942 | €48,237 | +€41,295 | +595% |
| Trade receivables | 40 | €6,942 | €12,164 | +€5,222 | +75.2% |
| Other amounts receivable | 41 | - | €36,073 | +€36,073 | |
| Cash at bank and in hand | 54/58 | €64,420 | €40,372 | -€24,048 | -37.3% |
| Deferred charges and accrued income | 490/1 | €6,241 | €1,943 | -€4,297 | -68.9% |
| Total equity and liabilities | 10/49 | €84,571 | €95,614 | +€11,044 | +13.1% |
| Equity | 10/15 | €52,233 | €74,499 | +€22,266 | +42.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €49,733 | €71,999 | +€22,266 | +44.8% |
| Distributable reserves | 133 | €49,733 | €71,999 | +€22,266 | +44.8% |
| Amounts payable | 17/49 | €32,338 | €21,115 | -€11,222 | -34.7% |
| Amounts payable within one year | 42/48 | €32,275 | €21,060 | -€11,215 | -34.7% |
| Trade debts | 44 | €1,589 | €108 | -€1,481 | -93.2% |
| Suppliers | 440/4 | €1,589 | €108 | -€1,481 | -93.2% |
| Taxes, remuneration and social security | 45 | €29,661 | €20,952 | -€8,709 | -29.4% |
| Taxes | 450/3 | €29,661 | €20,952 | -€8,709 | -29.4% |
| Other amounts payable | 47/48 | €1,025 | - | -€1,025 | |
| Accrued charges and deferred income | 492/3 | €62 | €55 | -€7 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,443 | €1,906 | +€463 | +32.1% |
| Other operating charges | 640/8 | €176 | €580 | +€405 | +230% |
| Gross operating margin | 9900 | €29,244 | €32,576 | +€3,332 | +11.4% |
| Operating profit (loss) | 9901 | €27,626 | €30,089 | +€2,464 | +8.9% |
| Financial income | 75/76B | €223 | €1,233 | +€1,011 | +454% |
| Recurring financial income | 75 | €223 | €1,233 | +€1,011 | +454% |
| Financial charges | 65/66B | €882 | €717 | -€165 | -18.7% |
| Recurring financial charges | 65 | €882 | €717 | -€165 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €26,966 | €30,606 | +€3,640 | +13.5% |
| Income taxes | 67/77 | €6,883 | €8,340 | +€1,457 | +21.2% |
| Profit (loss) for the period | 9904 | €20,083 | €22,266 | +€2,183 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,083 | €22,266 | +€2,183 | +10.9% |
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 14 October 2026 via checked.be.