JOOREST: 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.
JOOREST
Largest movements
- Current investments -€80,000
no longer reported in 2025 (was €80,000)
- Tangible fixed assets -€16,527
down €16,527 (-2.1%), from €774,647 to €758,121
of which Land and buildings: -€19,232
- Other debts -€88,445
down €88,445 (-19.6%), from €452,379 to €363,934
- Debts after one year -€50,029
down €50,029 (-18.7%), from €268,116 to €218,087
- Reserves +€31,000
up €31,000 (+34.6%), from €89,510 to €120,510
- Trade debts +€17,265
up €17,265 (+220.1%), from €7,844 to €25,109
- Gross operating margin -€28,127
down €28,127 (-25.5%), from €110,272 to €82,145
- Financial income +€12,995
up €12,995 (+21658900.0%), from €0 to €12,995
- Taxes -€5,176
down €5,176 (-25.9%), from €19,980 to €14,804
- Depreciation +€2,746
up €2,746 (+9.9%), from €27,652 to €30,398
- Financial charges -€2,521
down €2,521 (-17.4%), from €14,446 to €11,925
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 | €889,917 | €806,835 | -€83,082 | -9.3% |
| Fixed assets | 21/28 | €774,771 | €758,245 | -€16,527 | -2.1% |
| Tangible fixed assets | 22/27 | €774,647 | €758,121 | -€16,527 | -2.1% |
| Land and buildings | 22 | €748,263 | €729,031 | -€19,232 | -2.6% |
| Plant, machinery and equipment | 23 | €21,987 | €22,214 | +€227 | +1.0% |
| Furniture and vehicles | 24 | €4,397 | €6,876 | +€2,478 | +56.4% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €115,146 | €48,591 | -€66,555 | -57.8% |
| Amounts receivable within one year | 40/41 | €27,534 | €36,388 | +€8,854 | +32.2% |
| Trade receivables | 40 | €16,195 | €28,685 | +€12,490 | +77.1% |
| Other amounts receivable | 41 | €11,339 | €7,703 | -€3,636 | -32.1% |
| Current investments | 50/53 | €80,000 | - | -€80,000 | |
| Cash at bank and in hand | 54/58 | €7,273 | €11,856 | +€4,583 | +63.0% |
| Deferred charges and accrued income | 490/1 | €339 | €346 | +€8 | +2.2% |
| Total equity and liabilities | 10/49 | €889,917 | €806,835 | -€83,082 | -9.3% |
| Equity | 10/15 | €108,105 | €139,186 | +€31,081 | +28.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €89,510 | €120,510 | +€31,000 | +34.6% |
| Distributable reserves | 133 | €89,510 | €120,510 | +€31,000 | +34.6% |
| Profit (loss) carried forward | 14 | €3 | €84 | +€81 | +2506.8% |
| Amounts payable | 17/49 | €781,812 | €667,649 | -€114,163 | -14.6% |
| Amounts payable after more than one year | 17 | €268,116 | €218,087 | -€50,029 | -18.7% |
| Financial debts | 170/4 | €268,116 | €218,087 | -€50,029 | -18.7% |
| Amounts payable within one year | 42/48 | €513,696 | €449,562 | -€64,134 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €47,134 | €49,497 | +€2,363 | +5.0% |
| Trade debts | 44 | €7,844 | €25,109 | +€17,265 | +220.1% |
| Suppliers | 440/4 | €7,844 | €25,109 | +€17,265 | +220.1% |
| Taxes, remuneration and social security | 45 | €6,340 | €11,023 | +€4,683 | +73.9% |
| Taxes | 450/3 | €6,340 | €9,823 | +€3,483 | +54.9% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Other amounts payable | 47/48 | €452,379 | €363,934 | -€88,445 | -19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,652 | €30,398 | +€2,746 | +9.9% |
| Other operating charges | 640/8 | €6,176 | €6,932 | +€756 | +12.2% |
| Gross operating margin | 9900 | €110,272 | €82,145 | -€28,127 | -25.5% |
| Operating profit (loss) | 9901 | €76,444 | €44,815 | -€31,629 | -41.4% |
| Financial income | 75/76B | €0 | €12,995 | +€12,995 | +21658900.0% |
| Recurring financial income | 75 | €0 | €12,995 | +€12,995 | +21658900.0% |
| Financial charges | 65/66B | €14,446 | €11,925 | -€2,521 | -17.4% |
| Recurring financial charges | 65 | €14,446 | €11,925 | -€2,521 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €61,998 | €45,885 | -€16,113 | -26.0% |
| Income taxes | 67/77 | €19,980 | €14,804 | -€5,176 | -25.9% |
| Profit (loss) for the period | 9904 | €42,018 | €31,081 | -€10,937 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,018 | €31,081 | -€10,937 | -26.0% |
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 8 October 2026 via checked.be.