JOSERO: 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.
JOSERO
Largest movements
- Tangible fixed assets -€12,597
down €12,597 (-26.0%), from €48,388 to €35,791
- Current investments +€8,226
up €8,226 (+51.2%), from €16,079 to €24,305
- Cash -€7,195
down €7,195 (-56.2%), from €12,808 to €5,612
mainly Other debts (-€60,625) and Current investments (-€8,226)
- Deferred charges and accrued income -€1,223
down €1,223 (-51.3%), from €2,383 to €1,160
- Other debts -€60,625
down €60,625 (-71.6%), from €84,617 to €23,992
- Reserves +€46,574
new in 2024: €46,574
- Tax, wage and social debts +€2,290
up €2,290 (+89.6%), from €2,556 to €4,846
- Trade debts -€974
down €974 (-57.2%), from €1,704 to €730
- Gross operating margin -€4,160
down €4,160 (-5.4%), from €76,510 to €72,351
- Depreciation -€2,000
down €2,000 (-13.7%), from €14,597 to €12,597
- Financial income +€1,129
up €1,129 (+103.0%), from €1,097 to €2,226
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,492 | €81,142 | -€13,350 | -14.1% |
| Fixed assets | 21/28 | €48,388 | €35,791 | -€12,597 | -26.0% |
| Tangible fixed assets | 22/27 | €48,388 | €35,791 | -€12,597 | -26.0% |
| Furniture and vehicles | 24 | €48,388 | €35,791 | -€12,597 | -26.0% |
| Current assets | 29/58 | €46,104 | €45,351 | -€753 | -1.6% |
| Amounts receivable within one year | 40/41 | €14,835 | €14,274 | -€561 | -3.8% |
| Trade receivables | 40 | €12,500 | €13,000 | +€500 | +4.0% |
| Other amounts receivable | 41 | €2,335 | €1,274 | -€1,061 | -45.4% |
| Current investments | 50/53 | €16,079 | €24,305 | +€8,226 | +51.2% |
| Cash at bank and in hand | 54/58 | €12,808 | €5,612 | -€7,195 | -56.2% |
| Deferred charges and accrued income | 490/1 | €2,383 | €1,160 | -€1,223 | -51.3% |
| Total equity and liabilities | 10/49 | €94,492 | €81,142 | -€13,350 | -14.1% |
| Equity | 10/15 | €5,000 | €51,574 | +€46,574 | +931.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €46,574 | +€46,574 | |
| Distributable reserves | 133 | - | €46,574 | +€46,574 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €89,492 | €29,568 | -€59,924 | -67.0% |
| Amounts payable within one year | 42/48 | €88,877 | €29,568 | -€59,309 | -66.7% |
| Trade debts | 44 | €1,704 | €730 | -€974 | -57.2% |
| Suppliers | 440/4 | €1,704 | €730 | -€974 | -57.2% |
| Taxes, remuneration and social security | 45 | €2,556 | €4,846 | +€2,290 | +89.6% |
| Taxes | 450/3 | €2,556 | €4,846 | +€2,290 | +89.6% |
| Other amounts payable | 47/48 | €84,617 | €23,992 | -€60,625 | -71.6% |
| Accrued charges and deferred income | 492/3 | €615 | €0 | -€615 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,597 | €12,597 | -€2,000 | -13.7% |
| Other operating charges | 640/8 | €2,060 | €2,200 | +€140 | +6.8% |
| Gross operating margin | 9900 | €76,510 | €72,351 | -€4,160 | -5.4% |
| Operating profit (loss) | 9901 | €59,853 | €57,553 | -€2,299 | -3.8% |
| Financial income | 75/76B | €1,097 | €2,226 | +€1,129 | +103.0% |
| Recurring financial income | 75 | €1,097 | €2,226 | +€1,129 | +103.0% |
| Financial charges | 65/66B | €1 | €119 | +€119 | +23260.8% |
| Recurring financial charges | 65 | €1 | €119 | +€119 | +23260.8% |
| Profit (loss) for the period before taxes | 9903 | €60,949 | €59,660 | -€1,289 | -2.1% |
| Income taxes | 67/77 | €13,749 | €13,086 | -€662 | -4.8% |
| Profit (loss) for the period | 9904 | €47,200 | €46,574 | -€627 | -1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,200 | €46,574 | -€627 | -1.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.