JOSIMMO: 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
JOSIMMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€469,320
2024 · €21,907+€447,413
Equity
€2.2m
2024 · €2.2m+€9,376
Cash
€1,788
2024 · €2,504-€716
Balance sheet total
€5.0m
2024 · €2.3m+€2.6m
Largest movements
Assets
- Financial fixed assets +€2.3m
new in 2025: €2.3m
- Receivables within one year +€302,696
up €302,696 (+907.6%), from €33,352 to €336,049
Equity and liabilities
- Debts after one year +€2.6m
up €2.6m (+2124.6%), from €122,863 to €2.7m
of which Financial debts: +€2.6m
Income statement
- Gross operating margin +€488,324
up €488,324 (+804.8%), from €60,676 to €549,000
- Financial charges +€47,810
up €47,810 (+1354.2%), from €3,530 to €51,340
- Taxes -€8,928
no longer reported in 2025 (was €8,928)
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.
Result 2024
€21,907
Gross operating margin
+€488,324
Depreciation
+€2,598
Other operating charges
-€48
Financial income
-€4,579
Financial charges
-€47,810
Taxes
+€8,928
Result 2025
€469,320
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.
From operations
+€194,783
Investment
-€2.3m
Financing
+€2.2m
Cash 2024
€2,504
From operations (derived)
+€194,783
Net result for the year
+€469,320
Depreciation
+€16,879
Receivables within one year
-€302,696
Smaller working-capital items
-€2,635
Trade debts
+€27,407
Tax, wage and social debts
-€13,492
Investment (derived)
-€2.3m
Investment in fixed assets (net)
-€2.3m
Financing
+€2.2m
Debts after one year
+€2.6m
Current portion of long-term debt
+€601
Contributions, distributions and other
-€459,944
Cash 2025
€1,788
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,327,856 | €4,961,619 | +€2.6m | +113.1% |
| Fixed assets | 21/28 | €2,292,000 | €4,621,574 | +€2.3m | +101.6% |
| Tangible fixed assets | 22/27 | €2,292,000 | €2,292,000 | = | 0.0% |
| Land and buildings | 22 | €2,292,000 | €2,292,000 | = | 0.0% |
| Financial fixed assets | 28 | - | €2,329,574 | +€2.3m | |
| Current assets | 29/58 | €35,856 | €340,046 | +€304,189 | +848.4% |
| Amounts receivable within one year | 40/41 | €33,352 | €336,049 | +€302,696 | +907.6% |
| Other amounts receivable | 41 | €33,352 | €336,049 | +€302,696 | +907.6% |
| Cash at bank and in hand | 54/58 | €2,504 | €1,788 | -€716 | -28.6% |
| Deferred charges and accrued income | 490/1 | - | €2,209 | +€2,209 | |
| Total equity and liabilities | 10/49 | €2,327,856 | €4,961,619 | +€2.6m | +113.1% |
| Equity | 10/15 | €2,159,299 | €2,168,674 | +€9,376 | +0.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Revaluation surpluses | 12 | €2,131,119 | €2,141,174 | +€10,056 | +0.5% |
| Profit (loss) carried forward | 14 | €3,180 | €2,500 | -€680 | -21.4% |
| Amounts payable | 17/49 | €168,558 | €2,792,945 | +€2.6m | +1557.0% |
| Amounts payable after more than one year | 17 | €122,863 | €2,733,160 | +€2.6m | +2124.6% |
| Financial debts | 170/4 | €119,433 | €2,730,567 | +€2.6m | +2186.3% |
| Other amounts payable | 178/9 | €3,430 | €2,593 | -€837 | -24.4% |
| Amounts payable within one year | 42/48 | €44,547 | €59,785 | +€15,238 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €28,980 | €29,581 | +€601 | +2.1% |
| Trade debts | 44 | €2,076 | €29,482 | +€27,407 | +1320.5% |
| Suppliers | 440/4 | €2,076 | €29,482 | +€27,407 | +1320.5% |
| Taxes, remuneration and social security | 45 | €13,492 | - | -€13,492 | |
| Taxes | 450/3 | €13,492 | - | -€13,492 | |
| Other amounts payable | 47/48 | - | €721 | +€721 | |
| Accrued charges and deferred income | 492/3 | €1,147 | - | -€1,147 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,477 | €16,879 | -€2,598 | -13.3% |
| Other operating charges | 640/8 | €11,687 | €11,736 | +€48 | +0.4% |
| Gross operating margin | 9900 | €60,676 | €549,000 | +€488,324 | +804.8% |
| Operating profit (loss) | 9901 | €29,512 | €520,385 | +€490,874 | +1663.3% |
| Financial income | 75/76B | €4,854 | €275 | -€4,579 | -94.3% |
| Recurring financial income | 75 | €4,854 | €275 | -€4,579 | -94.3% |
| Financial charges | 65/66B | €3,530 | €51,340 | +€47,810 | +1354.2% |
| Recurring financial charges | 65 | €3,530 | €51,340 | +€47,810 | +1354.2% |
| Profit (loss) for the period before taxes | 9903 | €30,835 | €469,320 | +€438,485 | +1422.0% |
| Income taxes | 67/77 | €8,928 | - | -€8,928 | |
| Profit (loss) for the period | 9904 | €21,907 | €469,320 | +€447,413 | +2042.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,907 | €469,320 | +€447,413 | +2042.3% |
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 6 October 2026 via checked.be.