JONI SCHOTS: 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.
JONI SCHOTS
Largest movements
- Cash +€126,025
up €126,025 (+150%), from €83,833 to €209,858
mainly Net result for the year (+€101,638) and Receivables within one year (+€86,291)
- Receivables within one year -€86,291
down €86,291 (-92.6%), from €93,149 to €6,858
of which Other amounts receivable: -€86,291
- Tangible fixed assets -€55,952
down €55,952 (-5.6%), from €992,723 to €936,771
of which Land and buildings: -€41,160
- Stocks and contracts -€50,824
down €50,824 (-25.5%), from €199,286 to €148,462
- Current investments +€30,654
up €30,654 (+34.8%), from €87,992 to €118,646
- Debts after one year -€34,935
down €34,935 (-5.1%), from €682,544 to €647,609
- Trade debts -€25,126
down €25,126 (-71.2%), from €35,281 to €10,155
- Gross operating margin -€25,472
down €25,472 (-7.0%), from €364,822 to €339,351
- Taxes -€7,539
down €7,539 (-19.8%), from €38,154 to €30,615
- Depreciation -€5,616
down €5,616 (-10.0%), from €56,301 to €50,685
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 | €1,458,094 | €1,425,232 | -€32,862 | -2.3% |
| Fixed assets | 21/28 | €992,923 | €936,971 | -€55,952 | -5.6% |
| Tangible fixed assets | 22/27 | €992,723 | €936,771 | -€55,952 | -5.6% |
| Land and buildings | 22 | €963,823 | €922,662 | -€41,160 | -4.3% |
| Plant, machinery and equipment | 23 | €18,670 | €14,108 | -€4,561 | -24.4% |
| Furniture and vehicles | 24 | €408 | - | -€408 | |
| Leasing and similar rights | 25 | €9,822 | - | -€9,822 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €465,171 | €488,261 | +€23,090 | +5.0% |
| Stocks and contracts in progress | 3 | €199,286 | €148,462 | -€50,824 | -25.5% |
| Stocks | 30/36 | €199,286 | €148,462 | -€50,824 | -25.5% |
| Amounts receivable within one year | 40/41 | €93,149 | €6,858 | -€86,291 | -92.6% |
| Trade receivables | 40 | €2,125 | €2,125 | = | 0.0% |
| Other amounts receivable | 41 | €91,025 | €4,734 | -€86,291 | -94.8% |
| Current investments | 50/53 | €87,992 | €118,646 | +€30,654 | +34.8% |
| Cash at bank and in hand | 54/58 | €83,833 | €209,858 | +€126,025 | +150% |
| Deferred charges and accrued income | 490/1 | €911 | €4,437 | +€3,526 | +387% |
| Total equity and liabilities | 10/49 | €1,458,094 | €1,425,232 | -€32,862 | -2.3% |
| Equity | 10/15 | €571,497 | €573,135 | +€1,638 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €551,037 | €552,675 | +€1,638 | +0.3% |
| Amounts payable | 17/49 | €886,597 | €852,097 | -€34,500 | -3.9% |
| Amounts payable after more than one year | 17 | €682,544 | €647,609 | -€34,935 | -5.1% |
| Financial debts | 170/4 | €682,544 | €647,609 | -€34,935 | -5.1% |
| Amounts payable within one year | 42/48 | €162,509 | €156,048 | -€6,461 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €26,778 | €32,974 | +€6,197 | +23.1% |
| Trade debts | 44 | €35,281 | €10,155 | -€25,126 | -71.2% |
| Suppliers | 440/4 | €35,281 | €10,155 | -€25,126 | -71.2% |
| Taxes, remuneration and social security | 45 | €100,450 | €112,918 | +€12,468 | +12.4% |
| Taxes | 450/3 | €77,076 | €97,436 | +€20,361 | +26.4% |
| Remuneration and social security | 454/9 | €23,374 | €15,482 | -€7,892 | -33.8% |
| Accrued charges and deferred income | 492/3 | €41,544 | €48,440 | +€6,895 | +16.6% |
| Non-recurring operating income | 76A | - | €8,914 | +€8,914 | |
| Remuneration, social security and pensions | 62 | €148,309 | €148,514 | +€206 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,301 | €50,685 | -€5,616 | -10.0% |
| Other operating charges | 640/8 | €2,958 | €2,839 | -€118 | -4.0% |
| Gross operating margin | 9900 | €364,822 | €339,351 | -€25,472 | -7.0% |
| Operating profit (loss) | 9901 | €157,255 | €137,312 | -€19,943 | -12.7% |
| Financial income | 75/76B | €7,750 | €9,593 | +€1,843 | +23.8% |
| Recurring financial income | 75 | €7,750 | €9,593 | +€1,843 | +23.8% |
| Financial charges | 65/66B | €14,758 | €14,652 | -€106 | -0.7% |
| Recurring financial charges | 65 | €14,758 | €14,652 | -€106 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €150,247 | €132,253 | -€17,994 | -12.0% |
| Income taxes | 67/77 | €38,154 | €30,615 | -€7,539 | -19.8% |
| Profit (loss) for the period | 9904 | €112,092 | €101,638 | -€10,454 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €112,092 | €101,638 | -€10,454 | -9.3% |
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 14 October 2026 via checked.be.