Jossam: 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.
Jossam
Largest movements
- Tangible fixed assets +€27,255
up €27,255 (+4.5%), from €611,023 to €638,278
of which Assets under construction and advance payments: +€44,015
- Other debts +€90,160
up €90,160 (+99.8%), from €90,345 to €180,505
- Profit (loss) carried forward -€67,984
down €67,984 (-75.8%), from -€89,688 to -€157,672
- Debts after one year -€13,435
down €13,435 (-2.4%), from €556,423 to €542,987
- Current portion of long-term debt +€9,700
up €9,700 (+19.2%), from €50,475 to €60,175
- Gross operating margin -€6,277
down €6,277 (-64.0%), from €9,808 to €3,531
- Financial charges -€1,068
down €1,068 (-4.7%), from €22,530 to €21,462
- Other operating charges +€363
up €363 (+5.6%), from €6,479 to €6,842
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 | €626,389 | €649,774 | +€23,385 | +3.7% |
| Fixed assets | 21/28 | €611,023 | €638,278 | +€27,255 | +4.5% |
| Tangible fixed assets | 22/27 | €611,023 | €638,278 | +€27,255 | +4.5% |
| Land and buildings | 22 | €125,976 | €122,594 | -€3,382 | -2.7% |
| Leasing and similar rights | 25 | €433,172 | €419,795 | -€13,378 | -3.1% |
| Assets under construction and advance payments | 27 | €51,874 | €95,889 | +€44,015 | +84.8% |
| Current assets | 29/58 | €15,366 | €11,496 | -€3,870 | -25.2% |
| Cash at bank and in hand | 54/58 | €15,366 | €11,496 | -€3,870 | -25.2% |
| Total equity and liabilities | 10/49 | €626,389 | €649,774 | +€23,385 | +3.7% |
| Equity | 10/15 | -€72,069 | -€140,052 | -€67,984 | -94.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,419 | €11,419 | = | 0.0% |
| Distributable reserves | 133 | €11,419 | €11,419 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,688 | -€157,672 | -€67,984 | -75.8% |
| Amounts payable | 17/49 | €698,458 | €789,827 | +€91,369 | +13.1% |
| Amounts payable after more than one year | 17 | €556,423 | €542,987 | -€13,435 | -2.4% |
| Financial debts | 170/4 | €556,423 | €542,987 | -€13,435 | -2.4% |
| Amounts payable within one year | 42/48 | €141,200 | €246,004 | +€104,804 | +74.2% |
| Current portion of amounts payable after more than one year | 42 | €50,475 | €60,175 | +€9,700 | +19.2% |
| Trade debts | 44 | €380 | €5,324 | +€4,944 | +1,301% |
| Suppliers | 440/4 | €380 | €5,324 | +€4,944 | +1,301% |
| Other amounts payable | 47/48 | €90,345 | €180,505 | +€90,160 | +99.8% |
| Accrued charges and deferred income | 492/3 | €835 | €835 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,211 | €43,211 | = | 0.0% |
| Other operating charges | 640/8 | €6,479 | €6,842 | +€363 | +5.6% |
| Gross operating margin | 9900 | €9,808 | €3,531 | -€6,277 | -64.0% |
| Operating profit (loss) | 9901 | -€39,881 | -€46,521 | -€6,640 | -16.6% |
| Financial charges | 65/66B | €22,530 | €21,462 | -€1,068 | -4.7% |
| Recurring financial charges | 65 | €22,530 | €21,462 | -€1,068 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€62,412 | -€67,984 | -€5,572 | -8.9% |
| Profit (loss) for the period | 9904 | -€62,412 | -€67,984 | -€5,572 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,412 | -€67,984 | -€5,572 | -8.9% |
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 16 October 2026 via checked.be.