JORIFOR: 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.
JORIFOR
Largest movements
- Tangible fixed assets -€29,977
down €29,977 (-4.1%), from €731,267 to €701,290
- Profit (loss) carried forward -€58,721
down €58,721, from €47,700 to -€11,021
- Other debts +€40,135
up €40,135 (+15.1%), from €266,341 to €306,476
- Debts after one year -€9,086
down €9,086 (-42.9%), from €21,168 to €12,082
- Gross operating margin +€8,984
up €8,984, from -€2,882 to €6,102
- Taxes +€8,945
up €8,945, from -€8,871 to €74
- Depreciation -€8,052
down €8,052 (-16.8%), from €48,048 to €39,996
- Other operating charges +€935
up €935 (+4.0%), from €23,451 to €24,386
- Financial income -€247
no longer reported in 2025 (was €247)
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 | €742,160 | €706,854 | -€35,307 | -4.8% |
| Fixed assets | 21/28 | €731,267 | €701,290 | -€29,977 | -4.1% |
| Tangible fixed assets | 22/27 | €731,267 | €701,290 | -€29,977 | -4.1% |
| Land and buildings | 22 | €731,267 | €701,290 | -€29,977 | -4.1% |
| Current assets | 29/58 | €10,893 | €5,564 | -€5,329 | -48.9% |
| Cash at bank and in hand | 54/58 | €10,893 | €5,564 | -€5,329 | -48.9% |
| Total equity and liabilities | 10/49 | €742,160 | €706,854 | -€35,307 | -4.8% |
| Equity | 10/15 | €433,631 | €374,910 | -€58,721 | -13.5% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €14,091 | €14,091 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €7,891 | €7,891 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,700 | -€11,021 | -€58,721 | |
| Provisions and deferred taxes | 16 | €17,249 | €12,449 | -€4,800 | -27.8% |
| Provisions for liabilities and charges | 160/5 | €17,249 | €12,449 | -€4,800 | -27.8% |
| Other liabilities and charges | 164/5 | €17,249 | €12,449 | -€4,800 | -27.8% |
| Amounts payable | 17/49 | €291,280 | €319,495 | +€28,214 | +9.7% |
| Amounts payable after more than one year | 17 | €21,168 | €12,082 | -€9,086 | -42.9% |
| Financial debts | 170/4 | €21,168 | €12,082 | -€9,086 | -42.9% |
| Amounts payable within one year | 42/48 | €270,112 | €307,412 | +€37,300 | +13.8% |
| Trade debts | 44 | €3,772 | €936 | -€2,835 | -75.2% |
| Suppliers | 440/4 | €3,772 | €936 | -€2,835 | -75.2% |
| Other amounts payable | 47/48 | €266,341 | €306,476 | +€40,135 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,048 | €39,996 | -€8,052 | -16.8% |
| Other operating charges | 640/8 | €23,451 | €24,386 | +€935 | +4.0% |
| Gross operating margin | 9900 | -€2,882 | €6,102 | +€8,984 | |
| Operating profit (loss) | 9901 | -€74,382 | -€58,280 | +€16,102 | +21.6% |
| Financial income | 75/76B | €247 | - | -€247 | |
| Recurring financial income | 75 | €247 | - | -€247 | |
| Financial charges | 65/66B | €507 | €367 | -€140 | -27.6% |
| Recurring financial charges | 65 | €507 | €367 | -€140 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | -€74,642 | -€58,647 | +€15,995 | +21.4% |
| Income taxes | 67/77 | -€8,871 | €74 | +€8,945 | |
| Profit (loss) for the period | 9904 | -€65,771 | -€58,721 | +€7,050 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,771 | -€58,721 | +€7,050 | +10.7% |
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 27 October 2026 via checked.be.