JOREBA: 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.
JOREBA
Largest movements
- Receivables within one year +€21,041
up €21,041 (+30.4%), from €69,308 to €90,349
of which Trade receivables: +€23,782
- Cash -€8,861
down €8,861 (-96.4%), from €9,189 to €328
mainly Receivables within one year (-€21,041) and Debts after one year (-€20,570)
- Tangible fixed assets +€3,118
up €3,118 (+130%), from €2,407 to €5,525
- Reserves +€38,224
up €38,224 (+53.1%), from €72,026 to €110,250
- Debts after one year -€20,570
down €20,570 (-41.6%), from €49,475 to €28,905
- Tax, wage and social debts -€9,783
down €9,783 (-20.2%), from €48,509 to €38,726
of which Taxes: -€10,283
- Trade debts +€9,307
up €9,307 (+74.0%), from €12,568 to €21,875
- Gross operating margin +€34,255
up €34,255 (+95.3%), from €35,932 to €70,187
- Taxes +€12,078
up €12,078 (+1,254%), from €963 to €13,041
- Financial charges +€4,110
up €4,110 (+30.1%), from €13,656 to €17,767
- Financial income +€1,657
up €1,657 (+1,092%), from €152 to €1,809
- Other operating charges +€1,055
up €1,055 (+119%), from €883 to €1,938
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 | €262,480 | €279,495 | +€17,015 | +6.5% |
| Fixed assets | 21/28 | €172,407 | €175,525 | +€3,118 | +1.8% |
| Tangible fixed assets | 22/27 | €2,407 | €5,525 | +€3,118 | +130% |
| Furniture and vehicles | 24 | €2,407 | €5,525 | +€3,118 | +130% |
| Financial fixed assets | 28 | €170,000 | €170,000 | = | 0.0% |
| Current assets | 29/58 | €90,072 | €103,969 | +€13,897 | +15.4% |
| Amounts receivable within one year | 40/41 | €69,308 | €90,349 | +€21,041 | +30.4% |
| Trade receivables | 40 | €30,857 | €54,638 | +€23,782 | +77.1% |
| Other amounts receivable | 41 | €38,452 | €35,711 | -€2,741 | -7.1% |
| Cash at bank and in hand | 54/58 | €9,189 | €328 | -€8,861 | -96.4% |
| Deferred charges and accrued income | 490/1 | €11,575 | €13,292 | +€1,717 | +14.8% |
| Total equity and liabilities | 10/49 | €262,480 | €279,495 | +€17,015 | +6.5% |
| Equity | 10/15 | €77,026 | €115,250 | +€38,224 | +49.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €72,026 | €110,250 | +€38,224 | +53.1% |
| Distributable reserves | 133 | €72,026 | €110,250 | +€38,224 | +53.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €185,453 | €164,245 | -€21,209 | -11.4% |
| Amounts payable after more than one year | 17 | €49,475 | €28,905 | -€20,570 | -41.6% |
| Financial debts | 170/4 | €49,475 | €28,905 | -€20,570 | -41.6% |
| Amounts payable within one year | 42/48 | €135,516 | €135,340 | -€176 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €19,667 | €20,570 | +€904 | +4.6% |
| Financial debts | 43 | €890 | €443 | -€447 | -50.2% |
| Credit institutions | 430/8 | €890 | €443 | -€447 | -50.2% |
| Trade debts | 44 | €12,568 | €21,875 | +€9,307 | +74.0% |
| Suppliers | 440/4 | €12,568 | €21,875 | +€9,307 | +74.0% |
| Taxes, remuneration and social security | 45 | €48,509 | €38,726 | -€9,783 | -20.2% |
| Taxes | 450/3 | €43,009 | €32,726 | -€10,283 | -23.9% |
| Remuneration and social security | 454/9 | €5,500 | €6,000 | +€500 | +9.1% |
| Other amounts payable | 47/48 | €53,882 | €53,726 | -€156 | -0.3% |
| Accrued charges and deferred income | 492/3 | €462 | €0 | -€462 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €640 | €1,026 | +€386 | +60.3% |
| Other operating charges | 640/8 | €883 | €1,938 | +€1,055 | +119% |
| Gross operating margin | 9900 | €35,932 | €70,187 | +€34,255 | +95.3% |
| Operating profit (loss) | 9901 | €34,409 | €67,223 | +€32,814 | +95.4% |
| Financial income | 75/76B | €152 | €1,809 | +€1,657 | +1,092% |
| Recurring financial income | 75 | €152 | €1,809 | +€1,657 | +1,092% |
| Financial charges | 65/66B | €13,656 | €17,767 | +€4,110 | +30.1% |
| Recurring financial charges | 65 | €13,656 | €17,767 | +€4,110 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €20,904 | €51,265 | +€30,361 | +145% |
| Income taxes | 67/77 | €963 | €13,041 | +€12,078 | +1,254% |
| Profit (loss) for the period | 9904 | €19,941 | €38,224 | +€18,282 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,941 | €38,224 | +€18,282 | +91.7% |
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 1 November 2026 via checked.be.