JOKON: 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.
JOKON
Largest movements
- Receivables within one year -€164,032
down €164,032 (-64.6%), from €253,887 to €89,855
of which Other amounts receivable: -€135,172
- Financial fixed assets -€19,419
down €19,419 (-1.8%), from €1.0m to €1.0m
- Other debts -€211,160
down €211,160 (-96.9%), from €217,952 to €6,792
- Debts after one year -€54,932
down €54,932 (-33.3%), from €165,000 to €110,068
- Tax, wage and social debts +€25,759
up €25,759 (+85.8%), from €30,017 to €55,776
of which Taxes: +€24,759
- Gross operating margin +€28,774
up €28,774 (+64.1%), from €44,896 to €73,670
- Financial charges +€19,641
up €19,641 (+232%), from €8,478 to €28,119
of which Non-recurring financial charges: +€19,419
- Taxes +€16,645
up €16,645 (+142%), from €11,722 to €28,368
- Financial income -€3,595
down €3,595 (-24.4%), from €14,713 to €11,118
- Depreciation -€1,462
down €1,462 (-10.0%), from €14,549 to €13,087
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 | €1,349,935 | €1,130,968 | -€218,967 | -16.2% |
| Fixed assets | 21/28 | €1,063,315 | €1,030,809 | -€32,506 | -3.1% |
| Tangible fixed assets | 22/27 | €13,346 | €259 | -€13,087 | -98.1% |
| Land and buildings | 22 | €309 | €155 | -€155 | -50.0% |
| Furniture and vehicles | 24 | €13,036 | €104 | -€12,932 | -99.2% |
| Financial fixed assets | 28 | €1,049,969 | €1,030,550 | -€19,419 | -1.8% |
| Current assets | 29/58 | €286,621 | €100,159 | -€186,461 | -65.1% |
| Amounts receivable within one year | 40/41 | €253,887 | €89,855 | -€164,032 | -64.6% |
| Trade receivables | 40 | €64,999 | €36,140 | -€28,860 | -44.4% |
| Other amounts receivable | 41 | €188,887 | €53,715 | -€135,172 | -71.6% |
| Cash at bank and in hand | 54/58 | €17,789 | €5,470 | -€12,319 | -69.2% |
| Deferred charges and accrued income | 490/1 | €14,945 | €4,834 | -€10,111 | -67.7% |
| Total equity and liabilities | 10/49 | €1,349,935 | €1,130,968 | -€218,967 | -16.2% |
| Equity | 10/15 | €875,304 | €887,988 | +€12,684 | +1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €869,104 | €881,788 | +€12,684 | +1.5% |
| Distributable reserves | 133 | €869,104 | €881,788 | +€12,684 | +1.5% |
| Amounts payable | 17/49 | €474,631 | €242,980 | -€231,651 | -48.8% |
| Amounts payable after more than one year | 17 | €165,000 | €110,068 | -€54,932 | -33.3% |
| Financial debts | 170/4 | €165,000 | €110,068 | -€54,932 | -33.3% |
| Amounts payable within one year | 42/48 | €309,631 | €132,852 | -€176,779 | -57.1% |
| Current portion of amounts payable after more than one year | 42 | €56,251 | €55,034 | -€1,217 | -2.2% |
| Trade debts | 44 | €5,411 | €15,250 | +€9,839 | +182% |
| Suppliers | 440/4 | €5,411 | €15,250 | +€9,839 | +182% |
| Taxes, remuneration and social security | 45 | €30,017 | €55,776 | +€25,759 | +85.8% |
| Taxes | 450/3 | €26,076 | €50,835 | +€24,759 | +95.0% |
| Remuneration and social security | 454/9 | €3,941 | €4,941 | +€1,000 | +25.4% |
| Other amounts payable | 47/48 | €217,952 | €6,792 | -€211,160 | -96.9% |
| Accrued charges and deferred income | 492/3 | - | €59 | +€59 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,549 | €13,087 | -€1,462 | -10.0% |
| Other operating charges | 640/8 | €1,953 | €2,532 | +€579 | +29.6% |
| Gross operating margin | 9900 | €44,896 | €73,670 | +€28,774 | +64.1% |
| Operating profit (loss) | 9901 | €28,394 | €58,052 | +€29,658 | +104% |
| Financial income | 75/76B | €14,713 | €11,118 | -€3,595 | -24.4% |
| Recurring financial income | 75 | €14,713 | €11,118 | -€3,595 | -24.4% |
| Financial charges | 65/66B | €8,478 | €28,119 | +€19,641 | +232% |
| Recurring financial charges | 65 | €8,478 | €8,700 | +€222 | +2.6% |
| Non-recurring financial charges | 66B | - | €19,419 | +€19,419 | |
| Profit (loss) for the period before taxes | 9903 | €34,630 | €41,052 | +€6,422 | +18.5% |
| Income taxes | 67/77 | €11,722 | €28,368 | +€16,645 | +142% |
| Profit (loss) for the period | 9904 | €22,907 | €12,684 | -€10,223 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,907 | €12,684 | -€10,223 | -44.6% |
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.