JORICO: 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.
JORICO
Largest movements
- Tangible fixed assets -€29,374
down €29,374 (-17.3%), from €170,066 to €140,693
of which Land and buildings: -€17,740
- Cash +€13,271
up €13,271 (+15.5%), from €85,641 to €98,912
mainly Depreciation (+€56,857) and Net result for the year (+€22,846)
- Stocks and contracts +€10,304
up €10,304 (+25.8%), from €39,973 to €50,278
- Profit (loss) carried forward +€22,846
up €22,846 (+20.3%), from -€112,367 to -€89,521
- Debts after one year -€17,026
down €17,026 (-66.2%), from €25,710 to €8,684
- Other debts -€8,115
down €8,115 (-11.7%), from €69,234 to €61,119
- Current portion of long-term debt -€5,048
down €5,048 (-22.0%), from €22,995 to €17,947
- Trade debts +€4,019
up €4,019 (+147.5%), from €2,724 to €6,743
- Staff costs -€20,127
down €20,127 (-64.0%), from €31,464 to €11,336
- Depreciation -€10,631
down €10,631 (-15.8%), from €67,487 to €56,857
- Gross operating margin +€7,116
up €7,116 (+7.7%), from €92,782 to €99,898
- Financial charges -€1,616
down €1,616 (-20.7%), from €7,813 to €6,197
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 | €301,254 | €297,512 | -€3,742 | -1.2% |
| Fixed assets | 21/28 | €171,066 | €141,693 | -€29,374 | -17.2% |
| Tangible fixed assets | 22/27 | €170,066 | €140,693 | -€29,374 | -17.3% |
| Land and buildings | 22 | €53,640 | €35,900 | -€17,740 | -33.1% |
| Plant, machinery and equipment | 23 | €70,179 | €71,897 | +€1,718 | +2.4% |
| Furniture and vehicles | 24 | €46,248 | €32,896 | -€13,352 | -28.9% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €130,187 | €155,819 | +€25,632 | +19.7% |
| Stocks and contracts in progress | 3 | €39,973 | €50,278 | +€10,304 | +25.8% |
| Stocks | 30/36 | €39,973 | €50,278 | +€10,304 | +25.8% |
| Amounts receivable within one year | 40/41 | €2,658 | €3,834 | +€1,176 | +44.2% |
| Trade receivables | 40 | €2,658 | €3,834 | +€1,176 | +44.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €85,641 | €98,912 | +€13,271 | +15.5% |
| Deferred charges and accrued income | 490/1 | €1,915 | €2,796 | +€880 | +46.0% |
| Total equity and liabilities | 10/49 | €301,254 | €297,512 | -€3,742 | -1.2% |
| Equity | 10/15 | €171,233 | €194,079 | +€22,846 | +13.3% |
| Contributions | 10/11 | €283,600 | €283,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,367 | -€89,521 | +€22,846 | +20.3% |
| Amounts payable | 17/49 | €130,021 | €103,433 | -€26,588 | -20.4% |
| Amounts payable after more than one year | 17 | €25,710 | €8,684 | -€17,026 | -66.2% |
| Financial debts | 170/4 | €25,710 | €8,684 | -€17,026 | -66.2% |
| Amounts payable within one year | 42/48 | €104,311 | €94,748 | -€9,562 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €22,995 | €17,947 | -€5,048 | -22.0% |
| Trade debts | 44 | €2,724 | €6,743 | +€4,019 | +147.5% |
| Suppliers | 440/4 | €2,724 | €6,743 | +€4,019 | +147.5% |
| Taxes, remuneration and social security | 45 | €9,358 | €8,940 | -€418 | -4.5% |
| Taxes | 450/3 | €6,139 | €7,365 | +€1,226 | +20.0% |
| Remuneration and social security | 454/9 | €3,219 | €1,575 | -€1,644 | -51.1% |
| Other amounts payable | 47/48 | €69,234 | €61,119 | -€8,115 | -11.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €31,464 | €11,336 | -€20,127 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,487 | €56,857 | -€10,631 | -15.8% |
| Other operating charges | 640/8 | €2,041 | €2,979 | +€937 | +45.9% |
| Gross operating margin | 9900 | €92,782 | €99,898 | +€7,116 | +7.7% |
| Operating profit (loss) | 9901 | -€8,211 | €28,727 | +€36,938 | |
| Financial income | 75/76B | €1,319 | €489 | -€829 | -62.9% |
| Recurring financial income | 75 | €1,319 | €489 | -€829 | -62.9% |
| Financial charges | 65/66B | €7,813 | €6,197 | -€1,616 | -20.7% |
| Recurring financial charges | 65 | €7,813 | €6,197 | -€1,616 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,705 | €23,019 | +€37,725 | |
| Income taxes | 67/77 | €189 | €173 | -€16 | -8.4% |
| Profit (loss) for the period | 9904 | -€14,894 | €22,846 | +€37,740 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,894 | €22,846 | +€37,740 |
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 10 October 2026 via checked.be.