JOSS: 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.
JOSS
Largest movements
- Tangible fixed assets -€64,940
down €64,940 (-5.1%), from €1.3m to €1.2m
of which Land and buildings: -€63,738
- Accrued charges and deferred income -€39,400
down €39,400 (-99.9%), from €39,436 to €36
- Reserves -€14,797
down €14,797 (-2.0%), from €741,879 to €727,082
of which Tax-exempt reserves: -€29,703
- Provisions +€42,500
up €42,500, from -€42,500 to €0
- Financial charges -€24,582
down €24,582 (-99.5%), from €24,702 to €120
- Gross operating margin +€3,066
up €3,066 (+5.2%), from €58,848 to €61,914
- Other operating charges -€2,934
down €2,934 (-27.9%), from €10,505 to €7,571
- Taxes -€2,863
down €2,863 (-23.8%), from €12,040 to €9,177
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 | €1,290,772 | €1,229,297 | -€61,475 | -4.8% |
| Fixed assets | 21/28 | €1,281,030 | €1,216,090 | -€64,940 | -5.1% |
| Tangible fixed assets | 22/27 | €1,281,030 | €1,216,090 | -€64,940 | -5.1% |
| Land and buildings | 22 | €1,275,626 | €1,211,888 | -€63,738 | -5.0% |
| Furniture and vehicles | 24 | €5,403 | €4,201 | -€1,202 | -22.3% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €9,743 | €13,208 | +€3,465 | +35.6% |
| Amounts receivable within one year | 40/41 | €6,383 | €2,995 | -€3,387 | -53.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,383 | €2,995 | -€3,387 | -53.1% |
| Cash at bank and in hand | 54/58 | €3,360 | €10,213 | +€6,852 | +203.9% |
| Total equity and liabilities | 10/49 | €1,290,772 | €1,229,297 | -€61,475 | -4.8% |
| Equity | 10/15 | €760,479 | €745,682 | -€14,797 | -1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €741,879 | €727,082 | -€14,797 | -2.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €566,247 | €536,543 | -€29,703 | -5.2% |
| Distributable reserves | 133 | €175,633 | €190,539 | +€14,906 | +8.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €188,749 | €178,848 | -€9,901 | -5.2% |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Deferred taxes | 168 | €188,749 | €178,848 | -€9,901 | -5.2% |
| Amounts payable | 17/49 | €341,544 | €304,767 | -€36,777 | -10.8% |
| Amounts payable within one year | 42/48 | €302,109 | €304,731 | +€2,623 | +0.9% |
| Trade debts | 44 | €3,356 | €9,770 | +€6,413 | +191.1% |
| Suppliers | 440/4 | €3,356 | €9,770 | +€6,413 | +191.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,250 | €8,666 | +€6,416 | +285.1% |
| Taxes | 450/3 | €2,250 | €8,666 | +€6,416 | +285.1% |
| Other amounts payable | 47/48 | €296,502 | €286,296 | -€10,206 | -3.4% |
| Accrued charges and deferred income | 492/3 | €39,436 | €36 | -€39,400 | -99.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,319 | €69,780 | -€1,539 | -2.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€42,500 | €0 | +€42,500 | |
| Other operating charges | 640/8 | €10,505 | €7,571 | -€2,934 | -27.9% |
| Gross operating margin | 9900 | €58,848 | €61,914 | +€3,066 | +5.2% |
| Operating profit (loss) | 9901 | €19,523 | -€15,437 | -€34,961 | |
| Financial income | 75/76B | €118 | €36 | -€82 | -69.5% |
| Recurring financial income | 75 | €118 | €36 | -€82 | -69.5% |
| Financial charges | 65/66B | €24,702 | €120 | -€24,582 | -99.5% |
| Recurring financial charges | 65 | €24,702 | €120 | -€24,582 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,061 | -€15,522 | -€10,461 | -206.7% |
| Transfer from deferred taxes | 780 | €9,901 | €9,901 | = | 0.0% |
| Income taxes | 67/77 | €12,040 | €9,177 | -€2,863 | -23.8% |
| Profit (loss) for the period | 9904 | -€7,200 | -€14,797 | -€7,597 | -105.5% |
| Transfer from tax-exempt reserves | 789 | €29,703 | €29,703 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,503 | €14,906 | -€7,597 | -33.8% |
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 29 September 2026 via checked.be.