JORNIS: 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.
JORNIS
Largest movements
- Receivables within one year -€33,524
down €33,524 (-37.5%), from €89,331 to €55,806
of which Other amounts receivable: -€34,832
- Tangible fixed assets -€23,138
down €23,138 (-25.9%), from €89,381 to €66,243
of which Land and buildings: -€20,175
- Cash +€17,937
up €17,937 (+12.5%), from €143,010 to €160,947
mainly Receivables within one year (+€33,524) and Depreciation (+€23,138)
- Deferred charges and accrued income +€5,891
up €5,891 (+840%), from €702 to €6,593
- Reserves -€29,865
down €29,865 (-21.8%), from €136,805 to €106,940
of which Distributable reserves: -€29,865
- Debts after one year -€22,088
down €22,088 (-54.2%), from €40,736 to €18,648
- Tax, wage and social debts +€8,051
up €8,051 (+24.6%), from €32,728 to €40,778
of which Remuneration and social security: +€8,090
- Other debts +€6,291
up €6,291 (+35.7%), from €17,643 to €23,934
- Staff costs +€55,921
up €55,921 (+46.3%), from €120,783 to €176,704
- Gross operating margin +€44,366
up €44,366 (+23.1%), from €191,913 to €236,279
- Depreciation -€14,096
down €14,096 (-37.9%), from €37,234 to €23,138
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 | €327,686 | €292,705 | -€34,981 | -10.7% |
| Fixed assets | 21/28 | €89,381 | €66,243 | -€23,138 | -25.9% |
| Tangible fixed assets | 22/27 | €89,381 | €66,243 | -€23,138 | -25.9% |
| Land and buildings | 22 | €84,373 | €64,197 | -€20,175 | -23.9% |
| Plant, machinery and equipment | 23 | €5,009 | €2,046 | -€2,963 | -59.2% |
| Current assets | 29/58 | €238,305 | €226,462 | -€11,843 | -5.0% |
| Stocks and contracts in progress | 3 | €5,263 | €3,116 | -€2,147 | -40.8% |
| Stocks | 30/36 | €5,263 | €3,116 | -€2,147 | -40.8% |
| Amounts receivable within one year | 40/41 | €89,331 | €55,806 | -€33,524 | -37.5% |
| Trade receivables | 40 | - | €1,307 | +€1,307 | |
| Other amounts receivable | 41 | €89,331 | €54,499 | -€34,832 | -39.0% |
| Cash at bank and in hand | 54/58 | €143,010 | €160,947 | +€17,937 | +12.5% |
| Deferred charges and accrued income | 490/1 | €702 | €6,593 | +€5,891 | +840% |
| Total equity and liabilities | 10/49 | €327,686 | €292,705 | -€34,981 | -10.7% |
| Equity | 10/15 | €155,405 | €125,540 | -€29,865 | -19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,805 | €106,940 | -€29,865 | -21.8% |
| Tax-exempt reserves | 132 | €8,622 | €8,622 | = | 0.0% |
| Distributable reserves | 133 | €128,183 | €98,318 | -€29,865 | -23.3% |
| Amounts payable | 17/49 | €172,281 | €167,165 | -€5,116 | -3.0% |
| Amounts payable after more than one year | 17 | €40,736 | €18,648 | -€22,088 | -54.2% |
| Financial debts | 170/4 | €40,736 | €18,648 | -€22,088 | -54.2% |
| Amounts payable within one year | 42/48 | €131,545 | €148,465 | +€16,920 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €21,777 | €22,088 | +€311 | +1.4% |
| Trade debts | 44 | €59,397 | €61,664 | +€2,268 | +3.8% |
| Suppliers | 440/4 | €59,397 | €61,664 | +€2,268 | +3.8% |
| Taxes, remuneration and social security | 45 | €32,728 | €40,778 | +€8,051 | +24.6% |
| Taxes | 450/3 | €7,568 | €7,528 | -€40 | -0.5% |
| Remuneration and social security | 454/9 | €25,160 | €33,251 | +€8,090 | +32.2% |
| Other amounts payable | 47/48 | €17,643 | €23,934 | +€6,291 | +35.7% |
| Accrued charges and deferred income | 492/3 | - | €52 | +€52 | |
| Non-recurring operating income | 76A | - | €1,183 | +€1,183 | |
| Remuneration, social security and pensions | 62 | €120,783 | €176,704 | +€55,921 | +46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,234 | €23,138 | -€14,096 | -37.9% |
| Other operating charges | 640/8 | €5,904 | €6,130 | +€226 | +3.8% |
| Gross operating margin | 9900 | €191,913 | €236,279 | +€44,366 | +23.1% |
| Operating profit (loss) | 9901 | €27,992 | €30,307 | +€2,315 | +8.3% |
| Financial income | 75/76B | €335 | €1,074 | +€739 | +221% |
| Recurring financial income | 75 | €335 | €1,074 | +€739 | +221% |
| Financial charges | 65/66B | €2,388 | €1,026 | -€1,362 | -57.0% |
| Recurring financial charges | 65 | €2,388 | €1,026 | -€1,362 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | €25,938 | €30,355 | +€4,416 | +17.0% |
| Income taxes | 67/77 | €7,628 | €8,420 | +€792 | +10.4% |
| Profit (loss) for the period | 9904 | €18,310 | €21,935 | +€3,625 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,310 | €21,935 | +€3,625 | +19.8% |
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 21 October 2026 via checked.be.