JONAKO: what changed
Two fiscal 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.
JONAKO
Largest movements
- Cash +€192,147
up €192,147 (+686.6%), from €27,984 to €220,130
mainly Current investments (+€127,032) and Net result for the year (+€82,906)
- Current investments -€127,032
down €127,032 (-39.5%), from €322,002 to €194,970
- Tangible fixed assets -€26,094
down €26,094 (-22.9%), from €114,169 to €88,075
of which Furniture and vehicles: -€20,031
- Deferred charges and accrued income +€10,342
new in 2025: €10,342
- Reserves +€82,906
up €82,906 (+41.1%), from €201,786 to €284,692
of which Distributable reserves: +€82,906
- Other debts -€40,232
down €40,232 (-16.2%), from €248,016 to €207,784
- Tax, wage and social debts +€9,359
up €9,359 (+67.5%), from €13,858 to €23,216
of which Taxes: +€5,858
- Gross operating margin +€56,695
up €56,695 (+109.7%), from €51,691 to €108,386
- Financial income +€40,858
up €40,858 (+122.9%), from €33,244 to €74,102
- Taxes +€12,203
up €12,203 (+132.3%), from €9,226 to €21,429
- Financial charges +€8,519
up €8,519 (+11928.1%), from €71 to €8,590
- Staff costs +€1,103
up €1,103 (+3.1%), from €35,831 to €36,934
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 | €487,669 | €537,741 | +€50,072 | +10.3% |
| Fixed assets | 21/28 | €114,169 | €88,075 | -€26,094 | -22.9% |
| Tangible fixed assets | 22/27 | €114,169 | €88,075 | -€26,094 | -22.9% |
| Land and buildings | 22 | €38,445 | €32,123 | -€6,321 | -16.4% |
| Plant, machinery and equipment | 23 | €1,968 | €2,227 | +€258 | +13.1% |
| Furniture and vehicles | 24 | €73,756 | €53,725 | -€20,031 | -27.2% |
| Current assets | 29/58 | €373,500 | €449,666 | +€76,166 | +20.4% |
| Amounts receivable within one year | 40/41 | €23,514 | €24,223 | +€709 | +3.0% |
| Trade receivables | 40 | €23,514 | €24,223 | +€709 | +3.0% |
| Current investments | 50/53 | €322,002 | €194,970 | -€127,032 | -39.5% |
| Cash at bank and in hand | 54/58 | €27,984 | €220,130 | +€192,147 | +686.6% |
| Deferred charges and accrued income | 490/1 | - | €10,342 | +€10,342 | |
| Total equity and liabilities | 10/49 | €487,669 | €537,741 | +€50,072 | +10.3% |
| Equity | 10/15 | €220,386 | €303,292 | +€82,906 | +37.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €201,786 | €284,692 | +€82,906 | +41.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €51,720 | €51,720 | = | 0.0% |
| Distributable reserves | 133 | €148,206 | €231,112 | +€82,906 | +55.9% |
| Amounts payable | 17/49 | €267,283 | €234,449 | -€32,833 | -12.3% |
| Amounts payable within one year | 42/48 | €267,283 | €234,449 | -€32,833 | -12.3% |
| Trade debts | 44 | €5,409 | €3,449 | -€1,960 | -36.2% |
| Suppliers | 440/4 | €5,409 | €3,449 | -€1,960 | -36.2% |
| Taxes, remuneration and social security | 45 | €13,858 | €23,216 | +€9,359 | +67.5% |
| Taxes | 450/3 | €8,362 | €14,220 | +€5,858 | +70.1% |
| Remuneration and social security | 454/9 | €5,496 | €8,996 | +€3,501 | +63.7% |
| Other amounts payable | 47/48 | €248,016 | €207,784 | -€40,232 | -16.2% |
| Remuneration, social security and pensions | 62 | €35,831 | €36,934 | +€1,103 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,328 | €31,404 | +€76 | +0.2% |
| Other operating charges | 640/8 | €1,499 | €1,226 | -€273 | -18.2% |
| Gross operating margin | 9900 | €51,691 | €108,386 | +€56,695 | +109.7% |
| Operating profit (loss) | 9901 | -€16,968 | €38,823 | +€55,790 | |
| Financial income | 75/76B | €33,244 | €74,102 | +€40,858 | +122.9% |
| Recurring financial income | 75 | €33,244 | €74,102 | +€40,858 | +122.9% |
| Financial charges | 65/66B | €71 | €8,590 | +€8,519 | +11928.1% |
| Recurring financial charges | 65 | €71 | €8,590 | +€8,519 | +11928.1% |
| Profit (loss) for the period before taxes | 9903 | €16,205 | €104,334 | +€88,129 | +543.8% |
| Income taxes | 67/77 | €9,226 | €21,429 | +€12,203 | +132.3% |
| Profit (loss) for the period | 9904 | €6,979 | €82,906 | +€75,927 | +1088.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,979 | €82,906 | +€75,927 | +1088.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.