JOREN: 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.
JOREN
Largest movements
- Tangible fixed assets +€4,964
up €4,964 (+2.2%), from €226,864 to €231,828
of which Land and buildings: +€6,363
- Other debts +€6,193
up €6,193 (+1.4%), from €454,527 to €460,720
- Profit (loss) carried forward -€3,377
down €3,377 (-1.4%), from -€244,850 to -€248,227
- Gross operating margin -€3,318
down €3,318 (-117.1%), from -€2,833 to -€6,151
- Other operating charges +€67
up €67 (+3.2%), from €2,077 to €2,144
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 | €228,278 | €232,725 | +€4,447 | +1.9% |
| Fixed assets | 21/28 | €226,864 | €231,828 | +€4,964 | +2.2% |
| Tangible fixed assets | 22/27 | €226,864 | €231,828 | +€4,964 | +2.2% |
| Land and buildings | 22 | €220,619 | €226,982 | +€6,363 | +2.9% |
| Other tangible fixed assets | 26 | €6,246 | €4,847 | -€1,399 | -22.4% |
| Current assets | 29/58 | €1,413 | €897 | -€517 | -36.6% |
| Cash at bank and in hand | 54/58 | €1,413 | €897 | -€517 | -36.6% |
| Total equity and liabilities | 10/49 | €228,278 | €232,725 | +€4,447 | +1.9% |
| Equity | 10/15 | -€226,250 | -€229,627 | -€3,377 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€244,850 | -€248,227 | -€3,377 | -1.4% |
| Amounts payable | 17/49 | €454,527 | €462,351 | +€7,824 | +1.7% |
| Amounts payable within one year | 42/48 | €454,527 | €460,720 | +€6,193 | +1.4% |
| Other amounts payable | 47/48 | €454,527 | €460,720 | +€6,193 | +1.4% |
| Accrued charges and deferred income | 492/3 | - | €1,631 | +€1,631 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,190 | €13,190 | = | 0.0% |
| Other operating charges | 640/8 | €2,077 | €2,144 | +€67 | +3.2% |
| Gross operating margin | 9900 | -€2,833 | -€6,151 | -€3,318 | -117.1% |
| Operating profit (loss) | 9901 | -€18,100 | -€21,486 | -€3,385 | -18.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €50 | €45 | -€5 | -9.3% |
| Recurring financial charges | 65 | €50 | €45 | -€5 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,150 | -€21,531 | -€3,381 | -18.6% |
| Profit (loss) for the period | 9904 | -€18,150 | -€21,531 | -€3,381 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,150 | -€21,531 | -€3,381 | -18.6% |
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.