JORO AFWERKING: 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.
JORO AFWERKING
Largest movements
- Receivables within one year +€65,880
up €65,880 (+164%), from €40,191 to €106,071
of which Trade receivables: +€46,666
- Cash +€31,974
up €31,974 (+39.4%), from €81,173 to €113,147
mainly Net result for the year (+€70,312) and Trade debts (+€38,636)
- Profit (loss) carried forward +€70,312
up €70,312 (+42.4%), from €165,897 to €236,209
- Trade debts +€38,636
up €38,636 (+259%), from €14,936 to €53,571
- Debts after one year -€7,421
down €7,421 (-37.1%), from €20,001 to €12,581
- Tax, wage and social debts -€6,089
no longer reported in 2025 (was €6,089)
- Gross operating margin +€41,774
up €41,774 (+45.0%), from €92,769 to €134,543
- Taxes +€6,202
up €6,202 (+52.0%), from €11,923 to €18,125
- Depreciation +€1,483
up €1,483 (+8.2%), from €18,031 to €19,514
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 | €218,220 | €315,879 | +€97,660 | +44.8% |
| Fixed assets | 21/28 | €95,008 | €93,338 | -€1,670 | -1.8% |
| Tangible fixed assets | 22/27 | €95,008 | €93,338 | -€1,670 | -1.8% |
| Furniture and vehicles | 24 | €62,732 | €68,370 | +€5,638 | +9.0% |
| Leasing and similar rights | 25 | €32,277 | €24,969 | -€7,308 | -22.6% |
| Current assets | 29/58 | €123,211 | €222,541 | +€99,330 | +80.6% |
| Stocks and contracts in progress | 3 | €1,100 | €2,535 | +€1,435 | +130% |
| Stocks | 30/36 | €1,100 | €2,535 | +€1,435 | +130% |
| Amounts receivable within one year | 40/41 | €40,191 | €106,071 | +€65,880 | +164% |
| Trade receivables | 40 | €26,444 | €73,110 | +€46,666 | +176% |
| Other amounts receivable | 41 | €13,747 | €32,961 | +€19,213 | +140% |
| Cash at bank and in hand | 54/58 | €81,173 | €113,147 | +€31,974 | +39.4% |
| Deferred charges and accrued income | 490/1 | €748 | €789 | +€41 | +5.5% |
| Total equity and liabilities | 10/49 | €218,220 | €315,879 | +€97,660 | +44.8% |
| Equity | 10/15 | €168,397 | €238,709 | +€70,312 | +41.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €165,897 | €236,209 | +€70,312 | +42.4% |
| Amounts payable | 17/49 | €49,822 | €77,171 | +€27,348 | +54.9% |
| Amounts payable after more than one year | 17 | €20,001 | €12,581 | -€7,421 | -37.1% |
| Financial debts | 170/4 | €20,001 | €12,581 | -€7,421 | -37.1% |
| Amounts payable within one year | 42/48 | €29,821 | €64,590 | +€34,769 | +117% |
| Current portion of amounts payable after more than one year | 42 | €7,085 | €7,421 | +€336 | +4.7% |
| Trade debts | 44 | €14,936 | €53,571 | +€38,636 | +259% |
| Suppliers | 440/4 | €14,936 | €53,571 | +€38,636 | +259% |
| Taxes, remuneration and social security | 45 | €6,089 | - | -€6,089 | |
| Taxes | 450/3 | €6,089 | - | -€6,089 | |
| Other amounts payable | 47/48 | €1,712 | €3,598 | +€1,886 | +110% |
| Non-recurring operating income | 76A | €1,500 | €20,500 | +€19,000 | +1,267% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,031 | €19,514 | +€1,483 | +8.2% |
| Other operating charges | 640/8 | €1,067 | €813 | -€254 | -23.8% |
| Non-recurring operating charges | 66A | €11,083 | €24,713 | +€13,629 | +123% |
| Gross operating margin | 9900 | €92,769 | €134,543 | +€41,774 | +45.0% |
| Operating profit (loss) | 9901 | €62,588 | €89,504 | +€26,916 | +43.0% |
| Financial income | 75/76B | - | €88 | +€88 | |
| Recurring financial income | 75 | - | €88 | +€88 | |
| Financial charges | 65/66B | €1,684 | €1,155 | -€529 | -31.4% |
| Recurring financial charges | 65 | €1,684 | €1,155 | -€529 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €60,904 | €88,437 | +€27,533 | +45.2% |
| Income taxes | 67/77 | €11,923 | €18,125 | +€6,202 | +52.0% |
| Profit (loss) for the period | 9904 | €48,981 | €70,312 | +€21,331 | +43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,981 | €70,312 | +€21,331 | +43.5% |
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 30 October 2026 via checked.be.