JOSMAR: 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.
JOSMAR
Largest movements
- Tangible fixed assets -€87,255
down €87,255 (-3.8%), from €2.3m to €2.2m
of which Land and buildings: -€86,802
- Debts after one year -€137,372
down €137,372 (-11.2%), from €1.2m to €1.1m
of which Financial debts: -€137,372
- Profit (loss) carried forward +€34,190
up €34,190 (+61.4%), from €55,650 to €89,840
- Gross operating margin -€15,766
down €15,766 (-7.2%), from €219,198 to €203,433
- Financial charges +€2,688
up €2,688 (+10.4%), from €25,880 to €28,568
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 | €2,324,491 | €2,232,163 | -€92,328 | -4.0% |
| Fixed assets | 21/28 | €2,303,842 | €2,216,587 | -€87,255 | -3.8% |
| Tangible fixed assets | 22/27 | €2,302,712 | €2,215,457 | -€87,255 | -3.8% |
| Land and buildings | 22 | €2,301,967 | €2,215,165 | -€86,802 | -3.8% |
| Plant, machinery and equipment | 23 | €745 | €292 | -€453 | -60.8% |
| Financial fixed assets | 28 | €1,130 | €1,130 | = | 0.0% |
| Current assets | 29/58 | €20,649 | €15,576 | -€5,073 | -24.6% |
| Amounts receivable within one year | 40/41 | €15,540 | €15,540 | = | 0.0% |
| Other amounts receivable | 41 | €15,540 | €15,540 | = | 0.0% |
| Current investments | 50/53 | €36 | €36 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,073 | €0 | -€5,073 | -100.0% |
| Total equity and liabilities | 10/49 | €2,324,491 | €2,232,163 | -€92,328 | -4.0% |
| Equity | 10/15 | €791,420 | €825,611 | +€34,190 | +4.3% |
| Contributions | 10/11 | €425,000 | €425,000 | = | 0.0% |
| Revaluation surpluses | 12 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €210,771 | €210,771 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,500 | €42,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €42,500 | €42,500 | = | 0.0% |
| Distributable reserves | 133 | €168,271 | €168,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,650 | €89,840 | +€34,190 | +61.4% |
| Amounts payable | 17/49 | €1,533,071 | €1,406,553 | -€126,518 | -8.3% |
| Amounts payable after more than one year | 17 | €1,228,165 | €1,090,793 | -€137,372 | -11.2% |
| Financial debts | 170/4 | €835,863 | €698,492 | -€137,372 | -16.4% |
| Other amounts payable | 178/9 | €392,301 | €392,301 | = | 0.0% |
| Amounts payable within one year | 42/48 | €265,244 | €265,333 | +€88 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €258,587 | €255,496 | -€3,091 | -1.2% |
| Trade debts | 44 | €6,657 | €9,837 | +€3,180 | +47.8% |
| Suppliers | 440/4 | €6,657 | €9,837 | +€3,180 | +47.8% |
| Accrued charges and deferred income | 492/3 | €39,662 | €50,427 | +€10,765 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,887 | €106,584 | +€1,698 | +1.6% |
| Other operating charges | 640/8 | €32,784 | €34,090 | +€1,306 | +4.0% |
| Gross operating margin | 9900 | €219,198 | €203,433 | -€15,766 | -7.2% |
| Operating profit (loss) | 9901 | €81,527 | €62,758 | -€18,769 | -23.0% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €25,880 | €28,568 | +€2,688 | +10.4% |
| Recurring financial charges | 65 | €25,880 | €28,568 | +€2,688 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €55,650 | €34,190 | -€21,459 | -38.6% |
| Profit (loss) for the period | 9904 | €55,650 | €34,190 | -€21,459 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,650 | €34,190 | -€21,459 | -38.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.