JONAT: 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.
JONAT
Largest movements
- Receivables within one year +€6,289
up €6,289 (+10.8%), from €58,279 to €64,568
of which Trade receivables: +€6,289
- Cash +€5,106
up €5,106 (+89.3%), from €5,717 to €10,823
mainly Other debts (+€16,675) and Net result for the year (+€6,233)
- Other debts +€16,675
up €16,675 (+102.2%), from €16,312 to €32,987
- Current portion of long-term debt -€8,500
down €8,500 (-39.5%), from €21,500 to €13,000
- Trade debts -€8,154
down €8,154 (-65.1%), from €12,533 to €4,379
- Reserves +€6,233
up €6,233 (+10.7%), from €58,316 to €64,549
of which Distributable reserves: +€6,233
- Advances received +€3,588
up €3,588, from €0 to €3,588
- Gross operating margin +€14,320
up €14,320, from -€779 to €13,541
- Other operating charges -€1,786
down €1,786 (-50.0%), from €3,569 to €1,784
- Taxes +€1,549
new in 2025: €1,549
- Financial charges -€325
down €325 (-9.4%), from €3,472 to €3,146
- Financial income +€212
up €212 (+2466.3%), from €9 to €221
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 | €129,384 | €138,395 | +€9,011 | +7.0% |
| Fixed assets | 21/28 | €3,688 | €2,638 | -€1,050 | -28.5% |
| Tangible fixed assets | 22/27 | €3,418 | €2,368 | -€1,050 | -30.7% |
| Plant, machinery and equipment | 23 | €3,418 | €2,368 | -€1,050 | -30.7% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €125,696 | €135,757 | +€10,061 | +8.0% |
| Stocks and contracts in progress | 3 | €61,700 | €60,366 | -€1,334 | -2.2% |
| Stocks | 30/36 | €61,700 | €60,366 | -€1,334 | -2.2% |
| Amounts receivable within one year | 40/41 | €58,279 | €64,568 | +€6,289 | +10.8% |
| Trade receivables | 40 | €52,279 | €58,568 | +€6,289 | +12.0% |
| Other amounts receivable | 41 | €6,000 | €6,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,717 | €10,823 | +€5,106 | +89.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €129,384 | €138,395 | +€9,011 | +7.0% |
| Equity | 10/15 | €76,916 | €83,149 | +€6,233 | +8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,316 | €64,549 | +€6,233 | +10.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €56,456 | €62,689 | +€6,233 | +11.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €52,467 | €55,246 | +€2,778 | +5.3% |
| Amounts payable within one year | 42/48 | €52,467 | €55,246 | +€2,778 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €21,500 | €13,000 | -€8,500 | -39.5% |
| Financial debts | 43 | €930 | €0 | -€930 | -100.0% |
| Credit institutions | 430/8 | €930 | €0 | -€930 | -100.0% |
| Trade debts | 44 | €12,533 | €4,379 | -€8,154 | -65.1% |
| Suppliers | 440/4 | €12,533 | €4,379 | -€8,154 | -65.1% |
| Advances received on contracts in progress | 46 | €0 | €3,588 | +€3,588 | |
| Taxes, remuneration and social security | 45 | €1,192 | €1,292 | +€99 | +8.3% |
| Taxes | 450/3 | €1,192 | €1,292 | +€99 | +8.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €16,312 | €32,987 | +€16,675 | +102.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050 | €1,050 | = | 0.0% |
| Other operating charges | 640/8 | €3,569 | €1,784 | -€1,786 | -50.0% |
| Gross operating margin | 9900 | -€779 | €13,541 | +€14,320 | |
| Operating profit (loss) | 9901 | -€5,398 | €10,708 | +€16,106 | |
| Financial income | 75/76B | €9 | €221 | +€212 | +2466.3% |
| Recurring financial income | 75 | €9 | €221 | +€212 | +2466.3% |
| Financial charges | 65/66B | €3,472 | €3,146 | -€325 | -9.4% |
| Recurring financial charges | 65 | €3,472 | €3,146 | -€325 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,861 | €7,782 | +€16,643 | |
| Income taxes | 67/77 | - | €1,549 | +€1,549 | |
| Profit (loss) for the period | 9904 | -€8,861 | €6,233 | +€15,094 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,861 | €6,233 | +€15,094 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.