JOKRI: 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.
JOKRI
Largest movements
- Receivables within one year +€50,225
up €50,225 (+107%), from €46,872 to €97,097
of which Trade receivables: +€41,850
- Cash -€3,026
down €3,026 (-7.4%), from €40,723 to €37,697
mainly Receivables within one year (-€50,225) and Investment in fixed assets (net) (-€22,344)
- Tangible fixed assets -€2,583
down €2,583 (-4.1%), from €63,118 to €60,535
of which Leasing and similar rights: -€2,330
- Reserves +€51,224
up €51,224 (+77.1%), from €66,454 to €117,678
- Tax, wage and social debts +€10,529
up €10,529 (+63.0%), from €16,721 to €27,250
- Debts after one year -€10,333
down €10,333 (-28.2%), from €36,625 to €26,291
of which Financial debts: -€10,333
- Other debts -€5,385
down €5,385 (-86.6%), from €6,218 to €833
- Gross operating margin +€58,403
up €58,403 (+128%), from €45,484 to €103,887
- Depreciation +€16,844
up €16,844 (+194%), from €8,685 to €25,530
- Taxes +€13,377
up €13,377 (+142%), from €9,428 to €22,806
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 | €160,460 | €203,835 | +€43,376 | +27.0% |
| Fixed assets | 21/28 | €64,926 | €61,740 | -€3,185 | -4.9% |
| Intangible fixed assets | 21 | €1,808 | €1,205 | -€603 | -33.3% |
| Tangible fixed assets | 22/27 | €63,118 | €60,535 | -€2,583 | -4.1% |
| Plant, machinery and equipment | 23 | €785 | €386 | -€399 | -50.8% |
| Furniture and vehicles | 24 | €58,630 | €58,777 | +€146 | +0.2% |
| Leasing and similar rights | 25 | €3,702 | €1,372 | -€2,330 | -62.9% |
| Current assets | 29/58 | €95,534 | €142,095 | +€46,561 | +48.7% |
| Stocks and contracts in progress | 3 | €6,975 | €6,841 | -€135 | -1.9% |
| Stocks | 30/36 | €6,975 | €6,841 | -€135 | -1.9% |
| Amounts receivable within one year | 40/41 | €46,872 | €97,097 | +€50,225 | +107% |
| Trade receivables | 40 | €36,300 | €78,150 | +€41,850 | +115% |
| Other amounts receivable | 41 | €10,572 | €18,947 | +€8,375 | +79.2% |
| Cash at bank and in hand | 54/58 | €40,723 | €37,697 | -€3,026 | -7.4% |
| Deferred charges and accrued income | 490/1 | €964 | €461 | -€504 | -52.2% |
| Total equity and liabilities | 10/49 | €160,460 | €203,835 | +€43,376 | +27.0% |
| Equity | 10/15 | €85,054 | €136,278 | +€51,224 | +60.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,454 | €117,678 | +€51,224 | +77.1% |
| Distributable reserves | 133 | €66,454 | €117,678 | +€51,224 | +77.1% |
| Amounts payable | 17/49 | €75,406 | €67,558 | -€7,848 | -10.4% |
| Amounts payable after more than one year | 17 | €36,625 | €26,291 | -€10,333 | -28.2% |
| Financial debts | 170/4 | €36,575 | €26,241 | -€10,333 | -28.3% |
| Other amounts payable | 178/9 | €50 | €50 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,781 | €41,266 | +€2,485 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €11,230 | €10,333 | -€897 | -8.0% |
| Trade debts | 44 | €4,612 | €2,850 | -€1,762 | -38.2% |
| Suppliers | 440/4 | €4,612 | €2,850 | -€1,762 | -38.2% |
| Taxes, remuneration and social security | 45 | €16,721 | €27,250 | +€10,529 | +63.0% |
| Taxes | 450/3 | €16,721 | €27,250 | +€10,529 | +63.0% |
| Other amounts payable | 47/48 | €6,218 | €833 | -€5,385 | -86.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,685 | €25,530 | +€16,844 | +194% |
| Other operating charges | 640/8 | €1,760 | €1,550 | -€210 | -11.9% |
| Non-recurring operating charges | 66A | €2,381 | - | -€2,381 | |
| Gross operating margin | 9900 | €45,484 | €103,887 | +€58,403 | +128% |
| Operating profit (loss) | 9901 | €32,658 | €76,807 | +€44,149 | +135% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,975 | €1,945 | -€1,031 | -34.6% |
| Recurring financial charges | 65 | €2,975 | €1,945 | -€1,031 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €29,683 | €74,863 | +€45,180 | +152% |
| Income taxes | 67/77 | €9,428 | €22,806 | +€13,377 | +142% |
| Profit (loss) for the period | 9904 | €20,254 | €52,057 | +€31,803 | +157% |
| Profit (loss) for the period to be appropriated | 9905 | €20,254 | €52,057 | +€31,803 | +157% |
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 17 October 2026 via checked.be.