JOS: 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.
JOS
Largest movements
- Tangible fixed assets -€38,942
down €38,942 (-3.1%), from €1.2m to €1.2m
- Debts after one year -€51,047
down €51,047 (-14.8%), from €345,409 to €294,362
- Other debts +€35,705
up €35,705 (+14.6%), from €245,114 to €280,819
- Reserves -€32,000
down €32,000 (-6.8%), from €472,000 to €440,000
- Gross operating margin -€12,095
down €12,095 (-27.2%), from €44,464 to €32,368
- Other operating charges +€2,230
up €2,230 (+34.2%), from €6,517 to €8,746
- Financial charges -€1,840
down €1,840 (-9.7%), from €18,887 to €17,046
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 | €1,252,477 | €1,211,676 | -€40,801 | -3.3% |
| Fixed assets | 21/28 | €1,242,095 | €1,203,152 | -€38,942 | -3.1% |
| Tangible fixed assets | 22/27 | €1,242,095 | €1,203,152 | -€38,942 | -3.1% |
| Land and buildings | 22 | €1,242,095 | €1,203,152 | -€38,942 | -3.1% |
| Current assets | 29/58 | €10,382 | €8,524 | -€1,858 | -17.9% |
| Amounts receivable within one year | 40/41 | €3,061 | €2,612 | -€449 | -14.7% |
| Trade receivables | 40 | €3,061 | €2,612 | -€449 | -14.7% |
| Cash at bank and in hand | 54/58 | €5,921 | €5,911 | -€10 | -0.2% |
| Deferred charges and accrued income | 490/1 | €1,400 | - | -€1,400 | |
| Total equity and liabilities | 10/49 | €1,252,477 | €1,211,676 | -€40,801 | -3.3% |
| Equity | 10/15 | €597,033 | €564,666 | -€32,367 | -5.4% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €472,000 | €440,000 | -€32,000 | -6.8% |
| Distributable reserves | 133 | €472,000 | €440,000 | -€32,000 | -6.8% |
| Profit (loss) carried forward | 14 | €5,033 | €4,666 | -€367 | -7.3% |
| Amounts payable | 17/49 | €655,444 | €647,010 | -€8,434 | -1.3% |
| Amounts payable after more than one year | 17 | €345,409 | €294,362 | -€51,047 | -14.8% |
| Financial debts | 170/4 | €345,409 | €294,362 | -€51,047 | -14.8% |
| Amounts payable within one year | 42/48 | €293,908 | €331,387 | +€37,480 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €48,794 | €50,488 | +€1,694 | +3.5% |
| Taxes, remuneration and social security | 45 | - | €81 | +€81 | |
| Taxes | 450/3 | - | €81 | +€81 | |
| Other amounts payable | 47/48 | €245,114 | €280,819 | +€35,705 | +14.6% |
| Accrued charges and deferred income | 492/3 | €16,127 | €21,260 | +€5,133 | +31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,942 | €38,942 | = | 0.0% |
| Other operating charges | 640/8 | €6,517 | €8,746 | +€2,230 | +34.2% |
| Gross operating margin | 9900 | €44,464 | €32,368 | -€12,095 | -27.2% |
| Operating profit (loss) | 9901 | -€996 | -€15,320 | -€14,325 | -1438.9% |
| Financial charges | 65/66B | €18,887 | €17,046 | -€1,840 | -9.7% |
| Recurring financial charges | 65 | €18,887 | €17,046 | -€1,840 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,882 | -€32,367 | -€12,485 | -62.8% |
| Profit (loss) for the period | 9904 | -€19,882 | -€32,367 | -€12,485 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,882 | -€32,367 | -€12,485 | -62.8% |
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 12 October 2026 via checked.be.