JOSC GROUP: 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.
JOSC GROUP
Largest movements
- Receivables within one year -€22,516
down €22,516 (-67.7%), from €33,280 to €10,764
of which Trade receivables: -€33,280
- Cash -€3,994
down €3,994 (-16.4%), from €24,295 to €20,301
mainly Tax, wage and social debts (-€14,570) and Net result for the year (-€8,681)
- Tax, wage and social debts -€14,570
down €14,570 (-79.6%), from €18,302 to €3,732
- Profit (loss) carried forward -€8,681
new in 2025: -€8,681
- Other debts -€4,071
down €4,071 (-17.0%), from €23,897 to €19,826
- Gross operating margin -€60,132
down €60,132 (-94.9%), from €63,383 to €3,250
- Taxes -€16,273
down €16,273 (-98.4%), from €16,540 to €267
- Other operating charges -€1,378
down €1,378 (-11.5%), from €11,980 to €10,602
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 | €110,208 | €83,234 | -€26,975 | -24.5% |
| Fixed assets | 21/28 | €50,728 | €50,334 | -€394 | -0.8% |
| Tangible fixed assets | 22/27 | €728 | €334 | -€394 | -54.1% |
| Furniture and vehicles | 24 | €728 | €334 | -€394 | -54.1% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €59,480 | €32,899 | -€26,581 | -44.7% |
| Amounts receivable within one year | 40/41 | €33,280 | €10,764 | -€22,516 | -67.7% |
| Trade receivables | 40 | €33,280 | - | -€33,280 | |
| Other amounts receivable | 41 | - | €10,764 | +€10,764 | |
| Cash at bank and in hand | 54/58 | €24,295 | €20,301 | -€3,994 | -16.4% |
| Deferred charges and accrued income | 490/1 | €1,905 | €1,834 | -€71 | -3.7% |
| Total equity and liabilities | 10/49 | €110,208 | €83,234 | -€26,975 | -24.5% |
| Equity | 10/15 | €66,431 | €57,750 | -€8,681 | -13.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €61,431 | €61,431 | = | 0.0% |
| Distributable reserves | 133 | €61,431 | €61,431 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,681 | -€8,681 | |
| Amounts payable | 17/49 | €43,777 | €25,484 | -€18,294 | -41.8% |
| Amounts payable within one year | 42/48 | €43,777 | €25,484 | -€18,294 | -41.8% |
| Trade debts | 44 | €1,578 | €1,925 | +€348 | +22.0% |
| Suppliers | 440/4 | €1,578 | €1,925 | +€348 | +22.0% |
| Taxes, remuneration and social security | 45 | €18,302 | €3,732 | -€14,570 | -79.6% |
| Taxes | 450/3 | €18,302 | €3,732 | -€14,570 | -79.6% |
| Other amounts payable | 47/48 | €23,897 | €19,826 | -€4,071 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €395 | €394 | -€1 | -0.3% |
| Other operating charges | 640/8 | €11,980 | €10,602 | -€1,378 | -11.5% |
| Gross operating margin | 9900 | €63,383 | €3,250 | -€60,132 | -94.9% |
| Operating profit (loss) | 9901 | €51,008 | -€7,745 | -€58,753 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €829 | €669 | -€159 | -19.2% |
| Recurring financial charges | 65 | €829 | €669 | -€159 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €50,180 | -€8,414 | -€58,594 | |
| Income taxes | 67/77 | €16,540 | €267 | -€16,273 | -98.4% |
| Profit (loss) for the period | 9904 | €33,640 | -€8,681 | -€42,321 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,640 | -€8,681 | -€42,321 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.