JORICO: 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.
JORICO
Largest movements
- Receivables within one year -€44,988
down €44,988 (-21.6%), from €208,020 to €163,032
of which Trade receivables: -€30,320
- Current investments +€44,419
up €44,419 (+30.2%), from €146,868 to €191,286
- Cash -€32,954
down €32,954 (-32.4%), from €101,689 to €68,735
mainly Current investments (-€44,419) and Net result for the year (-€28,781)
- Reserves -€28,781
down €28,781 (-5.1%), from €562,522 to €533,741
of which Distributable reserves: -€28,781
- Tax, wage and social debts -€7,224
down €7,224 (-32.6%), from €22,176 to €14,952
- Gross operating margin -€40,825
down €40,825, from €13,409 to -€27,416
- Taxes -€3,540
down €3,540 (-93.7%), from €3,778 to €238
- Financial charges +€1,778
up €1,778 (+170.1%), from €1,045 to €2,822
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 | €597,183 | €559,325 | -€37,858 | -6.3% |
| Fixed assets | 21/28 | €139,161 | €134,401 | -€4,760 | -3.4% |
| Tangible fixed assets | 22/27 | €104,161 | €99,401 | -€4,760 | -4.6% |
| Land and buildings | 22 | €93,543 | €89,443 | -€4,100 | -4.4% |
| Plant, machinery and equipment | 23 | €7,541 | €7,512 | -€29 | -0.4% |
| Furniture and vehicles | 24 | €560 | €247 | -€314 | -56.0% |
| Other tangible fixed assets | 26 | €2,517 | €2,200 | -€317 | -12.6% |
| Financial fixed assets | 28 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €458,022 | €424,924 | -€33,098 | -7.2% |
| Amounts receivable within one year | 40/41 | €208,020 | €163,032 | -€44,988 | -21.6% |
| Trade receivables | 40 | €45,209 | €14,889 | -€30,320 | -67.1% |
| Other amounts receivable | 41 | €162,810 | €148,142 | -€14,668 | -9.0% |
| Current investments | 50/53 | €146,868 | €191,286 | +€44,419 | +30.2% |
| Cash at bank and in hand | 54/58 | €101,689 | €68,735 | -€32,954 | -32.4% |
| Deferred charges and accrued income | 490/1 | €1,445 | €1,871 | +€426 | +29.5% |
| Total equity and liabilities | 10/49 | €597,183 | €559,325 | -€37,858 | -6.3% |
| Equity | 10/15 | €568,719 | €539,938 | -€28,781 | -5.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €562,522 | €533,741 | -€28,781 | -5.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €542,522 | €513,741 | -€28,781 | -5.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,464 | €19,387 | -€9,077 | -31.9% |
| Amounts payable within one year | 42/48 | €23,471 | €14,987 | -€8,484 | -36.1% |
| Financial debts | 43 | €72 | €35 | -€37 | -51.2% |
| Credit institutions | 430/8 | €72 | €35 | -€37 | -51.2% |
| Trade debts | 44 | €1,223 | €0 | -€1,223 | -100.0% |
| Suppliers | 440/4 | €1,223 | €0 | -€1,223 | -100.0% |
| Taxes, remuneration and social security | 45 | €22,176 | €14,952 | -€7,224 | -32.6% |
| Taxes | 450/3 | €22,176 | €14,952 | -€7,224 | -32.6% |
| Accrued charges and deferred income | 492/3 | €4,993 | €4,400 | -€593 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,258 | €6,015 | -€243 | -3.9% |
| Other operating charges | 640/8 | €3,286 | €3,119 | -€167 | -5.1% |
| Gross operating margin | 9900 | €13,409 | -€27,416 | -€40,825 | |
| Operating profit (loss) | 9901 | €3,865 | -€36,550 | -€40,416 | |
| Financial income | 75/76B | €10,917 | €10,830 | -€87 | -0.8% |
| Recurring financial income | 75 | €10,917 | €10,830 | -€87 | -0.8% |
| Financial charges | 65/66B | €1,045 | €2,822 | +€1,778 | +170.1% |
| Recurring financial charges | 65 | €1,045 | €2,822 | +€1,778 | +170.1% |
| Profit (loss) for the period before taxes | 9903 | €13,738 | -€28,543 | -€42,280 | |
| Income taxes | 67/77 | €3,778 | €238 | -€3,540 | -93.7% |
| Profit (loss) for the period | 9904 | €9,960 | -€28,781 | -€38,741 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,960 | -€28,781 | -€38,741 |
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 2 October 2026 via checked.be.