JONAN: 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.
JONAN
Largest movements
- Cash -€25,333
down €25,333 (-56.2%), from €45,094 to €19,762
mainly Contributions, distributions and other (-€40,000) and Investment in fixed assets (net) (-€11,719)
- Tangible fixed assets -€9,964
down €9,964 (-38.8%), from €25,655 to €15,691
of which Plant, machinery and equipment: -€9,594
- Receivables within one year -€3,090
down €3,090 (-63.9%), from €4,839 to €1,748
of which Trade receivables: -€2,577
- Profit (loss) carried forward -€35,076
down €35,076 (-51.4%), from €68,303 to €33,227
- Trade debts -€2,890
down €2,890 (-41.2%), from €7,006 to €4,117
- Tax, wage and social debts -€2,525
down €2,525 (-74.7%), from €3,382 to €857
of which Taxes: -€2,331
- Other debts +€2,461
new in 2025: €2,461
- Gross operating margin -€7,298
down €7,298 (-16.7%), from €43,579 to €36,281
- Taxes -€1,959
down €1,959 (-55.9%), from €3,506 to €1,547
- Staff costs -€742
down €742 (-23.5%), from €3,160 to €2,419
- Depreciation +€723
up €723 (+3.5%), from €20,960 to €21,683
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 | €90,630 | €52,394 | -€38,236 | -42.2% |
| Fixed assets | 21/28 | €25,655 | €15,691 | -€9,964 | -38.8% |
| Tangible fixed assets | 22/27 | €25,655 | €15,691 | -€9,964 | -38.8% |
| Plant, machinery and equipment | 23 | €23,471 | €13,877 | -€9,594 | -40.9% |
| Other tangible fixed assets | 26 | €2,183 | €1,814 | -€370 | -16.9% |
| Current assets | 29/58 | €64,976 | €36,703 | -€28,273 | -43.5% |
| Stocks and contracts in progress | 3 | €8,477 | €8,098 | -€379 | -4.5% |
| Stocks | 30/36 | €8,477 | €8,098 | -€379 | -4.5% |
| Amounts receivable within one year | 40/41 | €4,839 | €1,748 | -€3,090 | -63.9% |
| Trade receivables | 40 | €4,268 | €1,691 | -€2,577 | -60.4% |
| Other amounts receivable | 41 | €570 | €57 | -€513 | -90.0% |
| Cash at bank and in hand | 54/58 | €45,094 | €19,762 | -€25,333 | -56.2% |
| Deferred charges and accrued income | 490/1 | €6,565 | €7,094 | +€529 | +8.1% |
| Total equity and liabilities | 10/49 | €90,630 | €52,394 | -€38,236 | -42.2% |
| Equity | 10/15 | €78,303 | €43,227 | -€35,076 | -44.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,303 | €33,227 | -€35,076 | -51.4% |
| Amounts payable | 17/49 | €12,327 | €9,167 | -€3,160 | -25.6% |
| Amounts payable within one year | 42/48 | €10,388 | €7,435 | -€2,953 | -28.4% |
| Trade debts | 44 | €7,006 | €4,117 | -€2,890 | -41.2% |
| Suppliers | 440/4 | €7,006 | €4,117 | -€2,890 | -41.2% |
| Taxes, remuneration and social security | 45 | €3,382 | €857 | -€2,525 | -74.7% |
| Taxes | 450/3 | €3,188 | €857 | -€2,331 | -73.1% |
| Remuneration and social security | 454/9 | €194 | €0 | -€194 | -100% |
| Other amounts payable | 47/48 | - | €2,461 | +€2,461 | |
| Accrued charges and deferred income | 492/3 | €1,939 | €1,732 | -€207 | -10.7% |
| Remuneration, social security and pensions | 62 | €3,160 | €2,419 | -€742 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,960 | €21,683 | +€723 | +3.5% |
| Other operating charges | 640/8 | €4,030 | €4,136 | +€106 | +2.6% |
| Gross operating margin | 9900 | €43,579 | €36,281 | -€7,298 | -16.7% |
| Operating profit (loss) | 9901 | €15,429 | €8,043 | -€7,385 | -47.9% |
| Financial income | 75/76B | €214 | €212 | -€2 | -1.0% |
| Recurring financial income | 75 | €214 | €212 | -€2 | -1.0% |
| Financial charges | 65/66B | €1,713 | €1,784 | +€71 | +4.2% |
| Recurring financial charges | 65 | €1,713 | €1,784 | +€71 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €13,930 | €6,471 | -€7,459 | -53.5% |
| Income taxes | 67/77 | €3,506 | €1,547 | -€1,959 | -55.9% |
| Profit (loss) for the period | 9904 | €10,424 | €4,924 | -€5,500 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,424 | €4,924 | -€5,500 | -52.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.