JOPA: 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.
JOPA
Largest movements
- Tangible fixed assets -€6,985
down €6,985 (-15.9%), from €44,029 to €37,044
of which Furniture and vehicles: -€10,706
- Receivables within one year -€4,325
down €4,325 (-35.6%), from €12,133 to €7,807
of which Other amounts receivable: -€4,325
- Profit (loss) carried forward -€21,697
down €21,697 (-140.9%), from -€15,397 to -€37,094
- Short-term financial debts +€10,000
new in 2025: €10,000
- Gross operating margin -€19,121
down €19,121, from €12,253 to -€6,868
- Depreciation +€1,614
up €1,614 (+20.8%), from €7,769 to €9,383
- Staff costs +€1,534
up €1,534 (+298.2%), from €515 to €2,049
- Other operating charges -€1,064
down €1,064 (-62.6%), from €1,700 to €637
- Taxes +€311
new in 2025: €311
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 | €63,449 | €52,021 | -€11,429 | -18.0% |
| Fixed assets | 21/28 | €44,029 | €37,044 | -€6,985 | -15.9% |
| Tangible fixed assets | 22/27 | €44,029 | €37,044 | -€6,985 | -15.9% |
| Land and buildings | 22 | €5,321 | €9,542 | +€4,221 | +79.3% |
| Plant, machinery and equipment | 23 | €500 | - | -€500 | |
| Furniture and vehicles | 24 | €38,208 | €27,502 | -€10,706 | -28.0% |
| Current assets | 29/58 | €19,420 | €14,977 | -€4,443 | -22.9% |
| Stocks and contracts in progress | 3 | €1,525 | €1,655 | +€130 | +8.5% |
| Stocks | 30/36 | €1,525 | €1,655 | +€130 | +8.5% |
| Amounts receivable within one year | 40/41 | €12,133 | €7,807 | -€4,325 | -35.6% |
| Trade receivables | 40 | €1,963 | €1,963 | = | 0.0% |
| Other amounts receivable | 41 | €10,169 | €5,844 | -€4,325 | -42.5% |
| Cash at bank and in hand | 54/58 | €4,520 | €4,244 | -€276 | -6.1% |
| Deferred charges and accrued income | 490/1 | €1,242 | €1,270 | +€28 | +2.2% |
| Total equity and liabilities | 10/49 | €63,449 | €52,021 | -€11,429 | -18.0% |
| Equity | 10/15 | €59,103 | €37,406 | -€21,697 | -36.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €54,500 | €54,500 | = | 0.0% |
| Distributable reserves | 133 | €54,500 | €54,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,397 | -€37,094 | -€21,697 | -140.9% |
| Amounts payable | 17/49 | €4,346 | €14,615 | +€10,268 | +236.3% |
| Amounts payable within one year | 42/48 | €4,346 | €14,615 | +€10,268 | +236.3% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Other loans | 439 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €3,976 | €3,866 | -€110 | -2.8% |
| Suppliers | 440/4 | €3,976 | €3,866 | -€110 | -2.8% |
| Taxes, remuneration and social security | 45 | - | €311 | +€311 | |
| Taxes | 450/3 | - | €311 | +€311 | |
| Other amounts payable | 47/48 | €370 | €437 | +€67 | +18.2% |
| Non-recurring operating income | 76A | - | €2,893 | +€2,893 | |
| Remuneration, social security and pensions | 62 | €515 | €2,049 | +€1,534 | +298.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,769 | €9,383 | +€1,614 | +20.8% |
| Other operating charges | 640/8 | €1,700 | €637 | -€1,064 | -62.6% |
| Non-recurring operating charges | 66A | - | €2,267 | +€2,267 | |
| Gross operating margin | 9900 | €12,253 | -€6,868 | -€19,121 | |
| Operating profit (loss) | 9901 | €2,270 | -€21,203 | -€23,472 | |
| Financial income | 75/76B | €448 | €606 | +€158 | +35.3% |
| Recurring financial income | 75 | €448 | €606 | +€158 | +35.3% |
| Financial charges | 65/66B | €706 | €790 | +€84 | +11.9% |
| Recurring financial charges | 65 | €706 | €790 | +€84 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €2,012 | -€21,386 | -€23,398 | |
| Income taxes | 67/77 | - | €311 | +€311 | |
| Profit (loss) for the period | 9904 | €2,012 | -€21,697 | -€23,709 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,012 | -€21,697 | -€23,709 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.