JORING: 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.
JORING
Largest movements
- Cash +€33,195
up €33,195 (+263.9%), from €12,579 to €45,774
mainly Depreciation (+€34,995) and Receivables within one year (+€3,262)
- Tangible fixed assets -€32,512
down €32,512 (-6.9%), from €474,209 to €441,697
of which Land and buildings: -€20,203
- Debts after one year -€6,999
down €6,999 (-100.0%), from €6,999 to €0
- Gross operating margin -€13,674
down €13,674 (-22.6%), from €60,524 to €46,850
- Taxes -€13,668
down €13,668 (-89.8%), from €15,223 to €1,555
- Other operating charges +€830
up €830 (+21.0%), from €3,958 to €4,788
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 | €507,150 | €504,139 | -€3,012 | -0.6% |
| Fixed assets | 21/28 | €474,209 | €441,697 | -€32,512 | -6.9% |
| Tangible fixed assets | 22/27 | €474,209 | €441,697 | -€32,512 | -6.9% |
| Land and buildings | 22 | €438,992 | €418,789 | -€20,203 | -4.6% |
| Plant, machinery and equipment | 23 | €510 | €241 | -€269 | -52.8% |
| Furniture and vehicles | 24 | €34,707 | €22,667 | -€12,040 | -34.7% |
| Current assets | 29/58 | €32,941 | €62,442 | +€29,500 | +89.6% |
| Stocks and contracts in progress | 3 | €817 | €648 | -€169 | -20.7% |
| Stocks | 30/36 | €817 | €648 | -€169 | -20.7% |
| Amounts receivable within one year | 40/41 | €10,207 | €6,945 | -€3,262 | -32.0% |
| Trade receivables | 40 | €1,668 | €0 | -€1,668 | -100.0% |
| Other amounts receivable | 41 | €8,540 | €6,945 | -€1,594 | -18.7% |
| Cash at bank and in hand | 54/58 | €12,579 | €45,774 | +€33,195 | +263.9% |
| Deferred charges and accrued income | 490/1 | €9,338 | €9,074 | -€264 | -2.8% |
| Total equity and liabilities | 10/49 | €507,150 | €504,139 | -€3,012 | -0.6% |
| Equity | 10/15 | €454,488 | €457,271 | +€2,783 | +0.6% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €385,888 | €388,671 | +€2,783 | +0.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €385,888 | €388,671 | +€2,783 | +0.7% |
| Amounts payable | 17/49 | €52,663 | €46,868 | -€5,795 | -11.0% |
| Amounts payable after more than one year | 17 | €6,999 | €0 | -€6,999 | -100.0% |
| Financial debts | 170/4 | €6,999 | €0 | -€6,999 | -100.0% |
| Amounts payable within one year | 42/48 | €45,024 | €45,918 | +€894 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €7,550 | €6,999 | -€552 | -7.3% |
| Trade debts | 44 | €66 | €1,367 | +€1,301 | +1972.5% |
| Suppliers | 440/4 | €66 | €1,367 | +€1,301 | +1972.5% |
| Taxes, remuneration and social security | 45 | €3,707 | €3,740 | +€33 | +0.9% |
| Taxes | 450/3 | €3,707 | €3,740 | +€33 | +0.9% |
| Other amounts payable | 47/48 | €33,701 | €33,812 | +€111 | +0.3% |
| Accrued charges and deferred income | 492/3 | €640 | €950 | +€310 | +48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,759 | €34,995 | +€236 | +0.7% |
| Other operating charges | 640/8 | €3,958 | €4,788 | +€830 | +21.0% |
| Gross operating margin | 9900 | €60,524 | €46,850 | -€13,674 | -22.6% |
| Operating profit (loss) | 9901 | €21,806 | €7,067 | -€14,740 | -67.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,788 | €2,728 | -€59 | -2.1% |
| Recurring financial charges | 65 | €2,788 | €2,728 | -€59 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €19,019 | €4,338 | -€14,681 | -77.2% |
| Income taxes | 67/77 | €15,223 | €1,555 | -€13,668 | -89.8% |
| Profit (loss) for the period | 9904 | €3,796 | €2,783 | -€1,012 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,796 | €2,783 | -€1,012 | -26.7% |
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 29 September 2026 via checked.be.