JOST: 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.
JOST
Largest movements
- Cash -€56,956
down €56,956 (-27.6%), from €206,735 to €149,779
mainly Contributions, distributions and other (-€149,873) and Investment in fixed assets (net) (-€33,453)
- Receivables within one year +€27,227
up €27,227 (+68.6%), from €39,671 to €66,898
of which Other amounts receivable: +€18,894
- Stocks and contracts +€13,167
up €13,167 (+44.6%), from €29,550 to €42,718
- Deferred charges and accrued income +€4,659
up €4,659 (+205%), from €2,269 to €6,928
- Reserves -€105,544
down €105,544 (-56.9%), from €185,544 to €80,000
of which Distributable reserves: -€105,544
- Trade debts +€51,398
up €51,398 (+975%), from €5,270 to €56,668
- Tax, wage and social debts +€41,553
up €41,553 (+112%), from €37,094 to €78,648
of which Taxes: +€42,232
- Other debts +€6,907
up €6,907 (+11.3%), from €60,949 to €67,857
- Other operating charges +€12,962
up €12,962 (+219%), from €5,923 to €18,885
- Gross operating margin -€12,645
down €12,645 (-1.9%), from €654,764 to €642,119
- Staff costs -€11,763
down €11,763 (-2.1%), from €561,242 to €549,478
- Depreciation +€7,767
up €7,767 (+39.9%), from €19,470 to €27,237
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 | €338,858 | €333,172 | -€5,686 | -1.7% |
| Fixed assets | 21/28 | €60,633 | €66,850 | +€6,217 | +10.3% |
| Tangible fixed assets | 22/27 | €59,960 | €63,177 | +€3,217 | +5.4% |
| Land and buildings | 22 | €6,520 | €4,565 | -€1,955 | -30.0% |
| Plant, machinery and equipment | 23 | €48,859 | €56,404 | +€7,544 | +15.4% |
| Furniture and vehicles | 24 | €4,580 | €2,207 | -€2,373 | -51.8% |
| Financial fixed assets | 28 | €673 | €3,673 | +€3,000 | +446% |
| Current assets | 29/58 | €278,225 | €266,322 | -€11,903 | -4.3% |
| Stocks and contracts in progress | 3 | €29,550 | €42,718 | +€13,167 | +44.6% |
| Stocks | 30/36 | €29,550 | €42,718 | +€13,167 | +44.6% |
| Amounts receivable within one year | 40/41 | €39,671 | €66,898 | +€27,227 | +68.6% |
| Trade receivables | 40 | €11,157 | €19,490 | +€8,333 | +74.7% |
| Other amounts receivable | 41 | €28,513 | €47,407 | +€18,894 | +66.3% |
| Cash at bank and in hand | 54/58 | €206,735 | €149,779 | -€56,956 | -27.6% |
| Deferred charges and accrued income | 490/1 | €2,269 | €6,928 | +€4,659 | +205% |
| Total equity and liabilities | 10/49 | €338,858 | €333,172 | -€5,686 | -1.7% |
| Equity | 10/15 | €235,544 | €130,000 | -€105,544 | -44.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €185,544 | €80,000 | -€105,544 | -56.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €185,544 | €80,000 | -€105,544 | -56.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €103,314 | €203,172 | +€99,858 | +96.7% |
| Amounts payable within one year | 42/48 | €103,314 | €203,172 | +€99,858 | +96.7% |
| Trade debts | 44 | €5,270 | €56,668 | +€51,398 | +975% |
| Suppliers | 440/4 | €5,270 | €56,668 | +€51,398 | +975% |
| Taxes, remuneration and social security | 45 | €37,094 | €78,648 | +€41,553 | +112% |
| Taxes | 450/3 | €11,576 | €53,807 | +€42,232 | +365% |
| Remuneration and social security | 454/9 | €25,519 | €24,840 | -€678 | -2.7% |
| Other amounts payable | 47/48 | €60,949 | €67,857 | +€6,907 | +11.3% |
| Remuneration, social security and pensions | 62 | €561,242 | €549,478 | -€11,763 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,470 | €27,237 | +€7,767 | +39.9% |
| Other operating charges | 640/8 | €5,923 | €18,885 | +€12,962 | +219% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €654,764 | €642,119 | -€12,645 | -1.9% |
| Operating profit (loss) | 9901 | €68,130 | €46,519 | -€21,611 | -31.7% |
| Financial income | 75/76B | €209 | €2,148 | +€1,939 | +926% |
| Recurring financial income | 75 | €209 | €2,148 | +€1,939 | +926% |
| Financial charges | 65/66B | €5,703 | €1,718 | -€3,985 | -69.9% |
| Recurring financial charges | 65 | €5,703 | €1,718 | -€3,985 | -69.9% |
| Profit (loss) for the period before taxes | 9903 | €62,636 | €46,949 | -€15,687 | -25.0% |
| Income taxes | 67/77 | €6,532 | €2,620 | -€3,912 | -59.9% |
| Profit (loss) for the period | 9904 | €56,104 | €44,329 | -€11,775 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,104 | €44,329 | -€11,775 | -21.0% |
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 18 October 2026 via checked.be.