JOPAT: 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.
JOPAT
Largest movements
- Cash +€183,728
up €183,728 (+527.4%), from €34,839 to €218,567
mainly Receivables within one year (+€110,516) and Other debts (+€49,095)
- Receivables within one year -€110,516
down €110,516 (-58.0%), from €190,521 to €80,005
of which Other amounts receivable: -€114,325
- Current investments -€28,000
down €28,000 (-100.0%), from €28,000 to €0
- Stocks and contracts +€15,470
new in 2025: €15,470
- Tangible fixed assets -€6,880
down €6,880 (-2.6%), from €267,677 to €260,796
of which Furniture and vehicles: -€8,833
- Other debts +€49,095
new in 2025: €49,095
- Depreciation -€15,047
down €15,047 (-39.2%), from €38,366 to €23,319
- Gross operating margin -€7,465
down €7,465 (-23.8%), from €31,387 to €23,922
- Financial income -€4,810
down €4,810 (-74.1%), from €6,493 to €1,683
- Taxes +€698
up €698 (+29.3%), from €2,383 to €3,082
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 | €521,509 | €575,094 | +€53,585 | +10.3% |
| Fixed assets | 21/28 | €267,932 | €261,051 | -€6,880 | -2.6% |
| Tangible fixed assets | 22/27 | €267,677 | €260,796 | -€6,880 | -2.6% |
| Land and buildings | 22 | €250,010 | €251,963 | +€1,953 | +0.8% |
| Furniture and vehicles | 24 | €17,667 | €8,833 | -€8,833 | -50.0% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €253,577 | €314,042 | +€60,465 | +23.8% |
| Stocks and contracts in progress | 3 | - | €15,470 | +€15,470 | |
| Stocks | 30/36 | - | €15,470 | +€15,470 | |
| Amounts receivable within one year | 40/41 | €190,521 | €80,005 | -€110,516 | -58.0% |
| Trade receivables | 40 | €76,196 | €80,005 | +€3,809 | +5.0% |
| Other amounts receivable | 41 | €114,325 | €0 | -€114,325 | -100.0% |
| Current investments | 50/53 | €28,000 | €0 | -€28,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €34,839 | €218,567 | +€183,728 | +527.4% |
| Deferred charges and accrued income | 490/1 | €217 | €0 | -€217 | -100.0% |
| Total equity and liabilities | 10/49 | €521,509 | €575,094 | +€53,585 | +10.3% |
| Equity | 10/15 | €473,124 | €472,492 | -€632 | -0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €454,524 | €453,892 | -€632 | -0.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €116,027 | €109,565 | -€6,462 | -5.6% |
| Distributable reserves | 133 | €338,497 | €344,328 | +€5,830 | +1.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €31,348 | €29,194 | -€2,154 | -6.9% |
| Deferred taxes | 168 | €31,348 | €29,194 | -€2,154 | -6.9% |
| Amounts payable | 17/49 | €17,037 | €73,407 | +€56,371 | +330.9% |
| Amounts payable within one year | 42/48 | €17,037 | €73,407 | +€56,371 | +330.9% |
| Trade debts | 44 | €12,455 | €17,844 | +€5,388 | +43.3% |
| Suppliers | 440/4 | €12,455 | €17,844 | +€5,388 | +43.3% |
| Taxes, remuneration and social security | 45 | €4,581 | €6,468 | +€1,887 | +41.2% |
| Taxes | 450/3 | €4,581 | €6,468 | +€1,887 | +41.2% |
| Other amounts payable | 47/48 | - | €49,095 | +€49,095 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,366 | €23,319 | -€15,047 | -39.2% |
| Other operating charges | 640/8 | €1,835 | €1,901 | +€65 | +3.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €31,387 | €23,922 | -€7,465 | -23.8% |
| Operating profit (loss) | 9901 | -€8,815 | -€1,298 | +€7,516 | +85.3% |
| Financial income | 75/76B | €6,493 | €1,683 | -€4,810 | -74.1% |
| Recurring financial income | 75 | €6,493 | €1,683 | -€4,810 | -74.1% |
| Financial charges | 65/66B | €108 | €89 | -€20 | -18.3% |
| Recurring financial charges | 65 | €108 | €89 | -€20 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,430 | €296 | +€2,726 | |
| Transfer from deferred taxes | 780 | €1,874 | €2,154 | +€280 | +14.9% |
| Income taxes | 67/77 | €2,383 | €3,082 | +€698 | +29.3% |
| Profit (loss) for the period | 9904 | -€2,939 | -€632 | +€2,307 | +78.5% |
| Transfer from tax-exempt reserves | 789 | €5,623 | €6,462 | +€839 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,684 | €5,830 | +€3,146 | +117.2% |
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 30 September 2026 via checked.be.