JOSKA: 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.
JOSKA
Largest movements
- Receivables within one year +€5,138
up €5,138 (+37.4%), from €13,722 to €18,860
- Cash -€613
down €613 (-91.1%), from €673 to €60
mainly Receivables within one year (-€5,138) and Trade debts (-€397)
- Tangible fixed assets -€455
down €455 (-45.3%), from €1,004 to €549
- Reserves +€2,905
up €2,905 (+36.2%), from €8,015 to €10,921
- Tax, wage and social debts +€1,561
up €1,561 (+102.9%), from €1,518 to €3,079
- Trade debts -€397
no longer reported in 2025 (was €397)
- Other operating charges +€953
up €953 (+245.9%), from €387 to €1,340
- Gross operating margin -€269
down €269 (-4.7%), from €5,789 to €5,519
- Financial income +€222
up €222 (+33.5%), from €661 to €883
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 | €15,399 | €19,469 | +€4,070 | +26.4% |
| Fixed assets | 21/28 | €1,004 | €549 | -€455 | -45.3% |
| Tangible fixed assets | 22/27 | €1,004 | €549 | -€455 | -45.3% |
| Furniture and vehicles | 24 | €1,004 | €549 | -€455 | -45.3% |
| Current assets | 29/58 | €14,395 | €18,920 | +€4,525 | +31.4% |
| Amounts receivable within one year | 40/41 | €13,722 | €18,860 | +€5,138 | +37.4% |
| Other amounts receivable | 41 | €13,722 | €18,860 | +€5,138 | +37.4% |
| Cash at bank and in hand | 54/58 | €673 | €60 | -€613 | -91.1% |
| Total equity and liabilities | 10/49 | €15,399 | €19,469 | +€4,070 | +26.4% |
| Equity | 10/15 | €13,484 | €16,389 | +€2,905 | +21.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €8,015 | €10,921 | +€2,905 | +36.2% |
| Distributable reserves | 133 | €8,015 | €10,921 | +€2,905 | +36.2% |
| Profit (loss) carried forward | 14 | €5,369 | €5,369 | = | 0.0% |
| Amounts payable | 17/49 | €1,915 | €3,079 | +€1,164 | +60.8% |
| Amounts payable within one year | 42/48 | €1,915 | €3,079 | +€1,164 | +60.8% |
| Trade debts | 44 | €397 | - | -€397 | |
| Suppliers | 440/4 | €397 | - | -€397 | |
| Taxes, remuneration and social security | 45 | €1,518 | €3,079 | +€1,561 | +102.9% |
| Taxes | 450/3 | €1,518 | €3,079 | +€1,561 | +102.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €455 | €455 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €1,340 | +€953 | +245.9% |
| Gross operating margin | 9900 | €5,789 | €5,519 | -€269 | -4.7% |
| Operating profit (loss) | 9901 | €4,946 | €3,724 | -€1,222 | -24.7% |
| Financial income | 75/76B | €661 | €883 | +€222 | +33.5% |
| Recurring financial income | 75 | €661 | €883 | +€222 | +33.5% |
| Financial charges | 65/66B | €150 | €140 | -€10 | -6.8% |
| Recurring financial charges | 65 | €150 | €140 | -€10 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €5,457 | €4,467 | -€990 | -18.1% |
| Income taxes | 67/77 | €1,518 | €1,561 | +€44 | +2.9% |
| Profit (loss) for the period | 9904 | €3,939 | €2,905 | -€1,034 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,939 | €2,905 | -€1,034 | -26.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.