Joroki: what changed
What changed
Joroki
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€363,673
2024 · €341,134+€22,539
Equity
€2.0m
2024 · €1.7m+€363,673
Cash
€41,116
2024 · €33,556+€7,560
Balance sheet total
€4.0m
2024 · €4.0m-€6,375
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€363,673
up €363,673 (+22.1%), from €1.6m to €2.0m
- Debts after one year -€220,070
down €220,070 (-13.1%), from €1.7m to €1.5m
- Trade debts -€62,428
down €62,428 (-35.9%), from €173,906 to €111,478
- Tax, wage and social debts -€57,332
down €57,332 (-84.3%), from €67,986 to €10,654
of which Taxes: -€57,332
Income statement
- Gross operating margin +€19,984
up €19,984 (+3.7%), from €539,794 to €559,779
- Taxes +€7,183
up €7,183 (+6.6%), from €108,208 to €115,391
- Depreciation -€5,745
down €5,745 (-31.1%), from €18,488 to €12,744
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€341,134
Gross operating margin
+€19,984
Depreciation
+€5,745
Other operating charges
+€226
Financial charges
+€3,768
Taxes
-€7,183
Result 2025
€363,673
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€233,367
Investment
+€1,108
Financing
-€226,914
Cash 2024
€33,556
From operations (derived)
+€233,367
Net result for the year
+€363,673
Depreciation
+€12,744
Smaller working-capital items
+€84
Trade debts
-€62,428
Tax, wage and social debts
-€57,332
Other debts
-€23,374
Investment (derived)
+€1,108
Investment in fixed assets (net)
+€1,108
Financing
-€226,914
Debts after one year
-€220,070
Current portion of long-term debt
-€6,844
Cash 2025
€41,116
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,998,238 | €3,991,863 | -€6,375 | -0.2% |
| Fixed assets | 21/28 | €3,959,788 | €3,945,937 | -€13,851 | -0.3% |
| Tangible fixed assets | 22/27 | €79,788 | €65,937 | -€13,851 | -17.4% |
| Furniture and vehicles | 24 | €79,788 | €65,937 | -€13,851 | -17.4% |
| Financial fixed assets | 28 | €3,880,000 | €3,880,000 | = | 0.0% |
| Current assets | 29/58 | €38,450 | €45,926 | +€7,476 | +19.4% |
| Amounts receivable within one year | 40/41 | €1,800 | €1,792 | -€8 | -0.4% |
| Other amounts receivable | 41 | €1,800 | €1,792 | -€8 | -0.4% |
| Cash at bank and in hand | 54/58 | €33,556 | €41,116 | +€7,560 | +22.5% |
| Deferred charges and accrued income | 490/1 | €3,094 | €3,018 | -€76 | -2.5% |
| Total equity and liabilities | 10/49 | €3,998,238 | €3,991,863 | -€6,375 | -0.2% |
| Equity | 10/15 | €1,664,087 | €2,027,760 | +€363,673 | +21.9% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €1,643,087 | €2,006,760 | +€363,673 | +22.1% |
| Distributable reserves | 133 | €1,643,087 | €2,006,760 | +€363,673 | +22.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,334,151 | €1,964,103 | -€370,048 | -15.9% |
| Amounts payable after more than one year | 17 | €1,674,710 | €1,454,640 | -€220,070 | -13.1% |
| Financial debts | 170/4 | €1,674,710 | €1,454,640 | -€220,070 | -13.1% |
| Amounts payable within one year | 42/48 | €611,441 | €461,463 | -€149,978 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €244,639 | €237,796 | -€6,844 | -2.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €173,906 | €111,478 | -€62,428 | -35.9% |
| Suppliers | 440/4 | €173,906 | €111,478 | -€62,428 | -35.9% |
| Taxes, remuneration and social security | 45 | €67,986 | €10,654 | -€57,332 | -84.3% |
| Taxes | 450/3 | €67,986 | €10,654 | -€57,332 | -84.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €124,909 | €101,535 | -€23,374 | -18.7% |
| Accrued charges and deferred income | 492/3 | €48,000 | €48,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,488 | €12,744 | -€5,745 | -31.1% |
| Other operating charges | 640/8 | €3,150 | €2,924 | -€226 | -7.2% |
| Gross operating margin | 9900 | €539,794 | €559,779 | +€19,984 | +3.7% |
| Operating profit (loss) | 9901 | €518,156 | €544,111 | +€25,955 | +5.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €68,814 | €65,047 | -€3,768 | -5.5% |
| Recurring financial charges | 65 | €68,814 | €65,047 | -€3,768 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €449,342 | €479,064 | +€29,722 | +6.6% |
| Income taxes | 67/77 | €108,208 | €115,391 | +€7,183 | +6.6% |
| Profit (loss) for the period | 9904 | €341,134 | €363,673 | +€22,539 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €341,134 | €363,673 | +€22,539 | +6.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.