JOSK: 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.
JOSK
Largest movements
- Current investments +€1.0m
up €1.0m (+100%), from €1.0m to €2.0m
- Receivables within one year -€754,677
down €754,677 (-98.3%), from €767,545 to €12,868
of which Other amounts receivable: -€665,442
- Cash -€567,041
down €567,041 (-31.4%), from €1.8m to €1.2m
mainly Current investments (-€1.0m) and Contributions, distributions and other (-€647,000)
- Deferred charges and accrued income +€54,191
up €54,191 (+480%), from €11,288 to €65,479
- Tangible fixed assets +€44,308
up €44,308 (+49.3%), from €89,947 to €134,256
of which Furniture and vehicles: +€47,623
- Other debts -€500,000
down €500,000 (-100%), from €500,000 to €0
- Reserves +€211,500
up €211,500 (+6.4%), from €3.3m to €3.5m
of which Distributable reserves: +€211,500
- Trade debts +€42,667
up €42,667 (+546%), from €7,820 to €50,488
- Other operating charges +€86,529
up €86,529 (+1,455%), from €5,947 to €92,476
- Financial income +€42,992
up €42,992 (+203%), from €21,216 to €64,208
- Taxes +€28,586
up €28,586 (+7.7%), from €372,863 to €401,449
- Depreciation -€25,187
down €25,187 (-41.7%), from €60,347 to €35,159
- Gross operating margin -€16,264
down €16,264 (-1.0%), from €1.6m to €1.6m
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.
Derived cash bridge
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 | €3,977,317 | €3,754,099 | -€223,218 | -5.6% |
| Fixed assets | 21/28 | €93,429 | €137,738 | +€44,308 | +47.4% |
| Tangible fixed assets | 22/27 | €89,947 | €134,256 | +€44,308 | +49.3% |
| Plant, machinery and equipment | 23 | €9,101 | €5,786 | -€3,315 | -36.4% |
| Furniture and vehicles | 24 | €80,846 | €128,469 | +€47,623 | +58.9% |
| Financial fixed assets | 28 | €3,482 | €3,482 | = | 0.0% |
| Current assets | 29/58 | €3,883,888 | €3,616,361 | -€267,526 | -6.9% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €767,545 | €12,868 | -€754,677 | -98.3% |
| Trade receivables | 40 | €96,605 | €7,370 | -€89,235 | -92.4% |
| Other amounts receivable | 41 | €670,940 | €5,498 | -€665,442 | -99.2% |
| Current investments | 50/53 | €1,000,000 | €2,000,000 | +€1.0m | +100% |
| Cash at bank and in hand | 54/58 | €1,805,055 | €1,238,014 | -€567,041 | -31.4% |
| Deferred charges and accrued income | 490/1 | €11,288 | €65,479 | +€54,191 | +480% |
| Total equity and liabilities | 10/49 | €3,977,317 | €3,754,099 | -€223,218 | -5.6% |
| Equity | 10/15 | €3,297,411 | €3,508,915 | +€211,503 | +6.4% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €3,296,000 | €3,507,500 | +€211,500 | +6.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,296,000 | €3,507,500 | +€211,500 | +6.4% |
| Profit (loss) carried forward | 14 | €1,411 | €1,415 | +€3 | +0.2% |
| Amounts payable | 17/49 | €679,906 | €245,184 | -€434,721 | -63.9% |
| Amounts payable within one year | 42/48 | €677,812 | €245,184 | -€432,627 | -63.8% |
| Trade debts | 44 | €7,820 | €50,488 | +€42,667 | +546% |
| Suppliers | 440/4 | €7,820 | €50,488 | +€42,667 | +546% |
| Advances received on contracts in progress | 46 | €54,134 | €74,397 | +€20,263 | +37.4% |
| Taxes, remuneration and social security | 45 | €115,858 | €120,300 | +€4,442 | +3.8% |
| Taxes | 450/3 | €87,306 | €85,884 | -€1,421 | -1.6% |
| Remuneration and social security | 454/9 | €28,552 | €34,415 | +€5,864 | +20.5% |
| Other amounts payable | 47/48 | €500,000 | €0 | -€500,000 | -100% |
| Accrued charges and deferred income | 492/3 | €2,094 | €0 | -€2,094 | -100% |
| Non-recurring operating income | 76A | €0 | €5,710 | +€5,710 | |
| Remuneration, social security and pensions | 62 | €250,232 | €248,318 | -€1,914 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,347 | €35,159 | -€25,187 | -41.7% |
| Other operating charges | 640/8 | €5,947 | €92,476 | +€86,529 | +1,455% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,593,254 | €1,576,990 | -€16,264 | -1.0% |
| Operating profit (loss) | 9901 | €1,276,728 | €1,201,037 | -€75,692 | -5.9% |
| Financial income | 75/76B | €21,216 | €64,208 | +€42,992 | +203% |
| Recurring financial income | 75 | €21,216 | €64,208 | +€42,992 | +203% |
| Financial charges | 65/66B | €687 | €5,292 | +€4,605 | +670% |
| Recurring financial charges | 65 | €687 | €5,292 | +€4,605 | +670% |
| Profit (loss) for the period before taxes | 9903 | €1,297,257 | €1,259,953 | -€37,304 | -2.9% |
| Income taxes | 67/77 | €372,863 | €401,449 | +€28,586 | +7.7% |
| Profit (loss) for the period | 9904 | €924,394 | €858,503 | -€65,890 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €924,394 | €858,503 | -€65,890 | -7.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.