JoProject: 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.
JoProject
Largest movements
- Receivables within one year +€7,408
up €7,408 (+136.2%), from €5,440 to €12,849
of which Trade receivables: +€7,500
- Cash +€7,119
up €7,119 (+48.1%), from €14,797 to €21,916
mainly Net result for the year (+€11,719) and Trade debts (+€3,851)
- Tangible fixed assets +€417
new in 2025: €417
- Profit (loss) carried forward +€11,719
up €11,719 (+76.7%), from €15,288 to €27,007
- Trade debts +€3,851
new in 2025: €3,851
- Tax, wage and social debts -€762
down €762 (-19.8%), from €3,850 to €3,088
- Gross operating margin -€3,833
down €3,833 (-19.8%), from €19,353 to €15,520
- Taxes -€261
down €261 (-6.8%), from €3,850 to €3,589
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 | €20,238 | €35,181 | +€14,944 | +73.8% |
| Fixed assets | 21/28 | - | €417 | +€417 | |
| Tangible fixed assets | 22/27 | - | €417 | +€417 | |
| Plant, machinery and equipment | 23 | - | €417 | +€417 | |
| Current assets | 29/58 | €20,238 | €34,764 | +€14,527 | +71.8% |
| Amounts receivable within one year | 40/41 | €5,440 | €12,849 | +€7,408 | +136.2% |
| Trade receivables | 40 | €2,400 | €9,900 | +€7,500 | +312.5% |
| Other amounts receivable | 41 | €3,040 | €2,949 | -€92 | -3.0% |
| Cash at bank and in hand | 54/58 | €14,797 | €21,916 | +€7,119 | +48.1% |
| Total equity and liabilities | 10/49 | €20,238 | €35,181 | +€14,944 | +73.8% |
| Equity | 10/15 | €16,388 | €28,107 | +€11,719 | +71.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Legal reserve | 130 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,288 | €27,007 | +€11,719 | +76.7% |
| Amounts payable | 17/49 | €3,850 | €7,075 | +€3,225 | +83.8% |
| Amounts payable within one year | 42/48 | €3,850 | €7,075 | +€3,225 | +83.8% |
| Trade debts | 44 | - | €3,851 | +€3,851 | |
| Suppliers | 440/4 | - | €3,851 | +€3,851 | |
| Taxes, remuneration and social security | 45 | €3,850 | €3,088 | -€762 | -19.8% |
| Taxes | 450/3 | €3,850 | €3,088 | -€762 | -19.8% |
| Other amounts payable | 47/48 | - | €136 | +€136 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €97 | +€97 | |
| Gross operating margin | 9900 | €19,353 | €15,520 | -€3,833 | -19.8% |
| Operating profit (loss) | 9901 | €19,353 | €15,423 | -€3,930 | -20.3% |
| Financial charges | 65/66B | €115 | €115 | = | 0.0% |
| Recurring financial charges | 65 | €115 | €115 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €19,238 | €15,308 | -€3,930 | -20.4% |
| Income taxes | 67/77 | €3,850 | €3,589 | -€261 | -6.8% |
| Profit (loss) for the period | 9904 | €15,388 | €11,719 | -€3,669 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,388 | €11,719 | -€3,669 | -23.8% |
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.