JOPIGEST: 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.
JOPIGEST
Largest movements
- Cash -€192,120
down €192,120 (-93.9%), from €204,531 to €12,411
mainly Receivables after one year (-€137,000) and Deferred charges and accrued income (-€72,995)
- Receivables after one year +€137,000
up €137,000 (+5.1%), from €2.7m to €2.8m
- Deferred charges and accrued income +€72,995
up €72,995 (+248%), from €29,484 to €102,479
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€20,301
up €20,301 (+99.7%), from -€20,372 to -€71
- Purchases and services -€15,801
down €15,801 (-77.6%), from €20,372 to €4,571
- Financial income -€7,910
down €7,910 (-9.8%), from €80,905 to €72,995
- Financial charges -€5,409
down €5,409 (-99.2%), from €5,455 to €46
of which Non-recurring financial charges: -€5,403
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 | €2,925,961 | €2,948,846 | +€22,885 | +0.8% |
| Current assets | 29/58 | €2,925,961 | €2,948,846 | +€22,885 | +0.8% |
| Amounts receivable after more than one year | 29 | €2,663,750 | €2,800,750 | +€137,000 | +5.1% |
| Other amounts receivable | 291 | €2,663,750 | €2,800,750 | +€137,000 | +5.1% |
| Amounts receivable within one year | 40/41 | €28,196 | €33,206 | +€5,010 | +17.8% |
| Trade receivables | 40 | €14,600 | €20,045 | +€5,445 | +37.3% |
| Other amounts receivable | 41 | €13,596 | €13,161 | -€435 | -3.2% |
| Cash at bank and in hand | 54/58 | €204,531 | €12,411 | -€192,120 | -93.9% |
| Deferred charges and accrued income | 490/1 | €29,484 | €102,479 | +€72,995 | +248% |
| Total equity and liabilities | 10/49 | €2,925,961 | €2,948,846 | +€22,885 | +0.8% |
| Equity | 10/15 | €2,873,361 | €2,881,239 | +€7,878 | +0.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Capital | 10 | €30,000 | €30,000 | = | 0.0% |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,900 | €3,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,900 | €3,900 | = | 0.0% |
| Legal reserve | 130 | €3,900 | €3,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,839,461 | €2,847,339 | +€7,878 | +0.3% |
| Amounts payable | 17/49 | €52,600 | €67,607 | +€15,007 | +28.5% |
| Amounts payable within one year | 42/48 | €52,600 | €67,607 | +€15,007 | +28.5% |
| Trade debts | 44 | €2,320 | €2,320 | = | 0.0% |
| Suppliers | 440/4 | €2,320 | €2,320 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €15,000 | €15,000 | = | 0.0% |
| Taxes | 450/3 | €15,000 | €15,000 | = | 0.0% |
| Other amounts payable | 47/48 | €35,280 | €50,287 | +€15,007 | +42.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,372 | €4,571 | -€15,801 | -77.6% |
| Gross operating margin | 9900 | -€20,372 | -€71 | +€20,301 | +99.7% |
| Operating profit (loss) | 9901 | -€20,372 | -€71 | +€20,301 | +99.7% |
| Financial income | 75/76B | €80,905 | €72,995 | -€7,910 | -9.8% |
| Recurring financial income | 75 | €80,905 | €72,995 | -€7,910 | -9.8% |
| Financial charges | 65/66B | €5,455 | €46 | -€5,409 | -99.2% |
| Recurring financial charges | 65 | €52 | €46 | -€6 | -11.5% |
| Non-recurring financial charges | 66B | €5,403 | - | -€5,403 | |
| Profit (loss) for the period before taxes | 9903 | €55,078 | €72,878 | +€17,800 | +32.3% |
| Profit (loss) for the period | 9904 | €55,078 | €72,878 | +€17,800 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,078 | €72,878 | +€17,800 | +32.3% |
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 15 October 2026 via checked.be.