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JOSERICH: 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.

What changed

JOSERICH

BE 0443.473.013
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,038
2024 · -€2,750+€3,788
Equity
€40,684
2024 · €42,946-€2,262
Cash
€1,322
2024 · €244+€1,078
Balance sheet total
€153,984
2024 · €87,597+€66,387

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€65,809

    up €65,809 (+75.8%), from €86,853 to €152,662

    of which Land and buildings: +€61,415

Equity and liabilities
  • Other debts +€84,133

    up €84,133 (+299.7%), from €28,074 to €112,207

  • Trade debts -€15,419

    down €15,419 (-94.3%), from €16,347 to €928

  • Reserves -€3,300

    down €3,300 (-6.8%), from €48,270 to €44,970

    of which Distributable reserves: -€3,300

Income statement
  • Gross operating margin +€4,528

    up €4,528, from -€529 to €3,999

  • Depreciation +€671

    new in 2025: €671

  • Other operating charges +€64

    up €64 (+2.9%), from €2,177 to €2,241

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€2,750
Gross operating margin +€4,528
Depreciation -€671
Other operating charges -€64
Financial charges -€5
Result 2025 €1,038

Cash bridge derived

cash 2024 to 2025

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.

From operations +€70,858
Investment -€66,480
Financing -€3,300
Cash 2024 €244
Net result for the year +€1,038
Depreciation +€671
Receivables within one year +€500
Trade debts -€15,419
Tax, wage and social debts -€65
Other debts +€84,133
Investment in fixed assets (net) -€66,480
Contributions, distributions and other -€3,300
Cash 2025 €1,322
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €87,597 €153,984 +€66,387 +75.8%
Fixed assets 21/28 €86,853 €152,662 +€65,809 +75.8%
Tangible fixed assets 22/27 €86,853 €152,662 +€65,809 +75.8%
Land and buildings 22 €83,199 €144,614 +€61,415 +73.8%
Plant, machinery and equipment 23 €3,052 €7,506 +€4,454 +145.9%
Furniture and vehicles 24 €602 €542 -€60 -10.0%
Current assets 29/58 €744 €1,322 +€578 +77.7%
Amounts receivable within one year 40/41 €500 - -€500
Other amounts receivable 41 €500 - -€500
Cash at bank and in hand 54/58 €244 €1,322 +€1,078 +441.8%
Total equity and liabilities 10/49 €87,597 €153,984 +€66,387 +75.8%
Equity 10/15 €42,946 €40,684 -€2,262 -5.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €48,270 €44,970 -€3,300 -6.8%
Non-distributable reserves 130/1 €13,970 €13,970 = 0.0%
Reserves not available under the articles 1311 €13,970 €13,970 = 0.0%
Distributable reserves 133 €34,300 €31,000 -€3,300 -9.6%
Profit (loss) carried forward 14 -€23,924 -€22,886 +€1,038 +4.3%
Amounts payable 17/49 €44,651 €113,300 +€68,649 +153.7%
Amounts payable after more than one year 17 €0 - =
Trade debts 175 €0 - =
Amounts payable within one year 42/48 €44,651 €113,300 +€68,649 +153.7%
Trade debts 44 €16,347 €928 -€15,419 -94.3%
Suppliers 440/4 €16,347 €928 -€15,419 -94.3%
Taxes, remuneration and social security 45 €230 €165 -€65 -28.3%
Taxes 450/3 €230 €165 -€65 -28.3%
Other amounts payable 47/48 €28,074 €112,207 +€84,133 +299.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €671 +€671
Other operating charges 640/8 €2,177 €2,241 +€64 +2.9%
Gross operating margin 9900 -€529 €3,999 +€4,528
Operating profit (loss) 9901 -€2,706 €1,087 +€3,793
Financial charges 65/66B €44 €49 +€5 +11.4%
Recurring financial charges 65 €44 €49 +€5 +11.4%
Profit (loss) for the period before taxes 9903 -€2,750 €1,038 +€3,788
Profit (loss) for the period 9904 -€2,750 €1,038 +€3,788
Profit (loss) for the period to be appropriated 9905 -€2,750 €1,038 +€3,788

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 29 September 2026 via checked.be.