JOSTE: 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.
JOSTE
Largest movements
- Cash +€18,645
up €18,645 (+32.2%), from €57,977 to €76,622
mainly Net result for the year (+€21,038) and Depreciation (+€17,713)
- Tangible fixed assets -€17,713
down €17,713 (-3.1%), from €580,701 to €562,988
- Debts after one year -€29,634
down €29,634 (-25.1%), from €118,264 to €88,630
- Profit (loss) carried forward +€21,038
up €21,038 (+75.3%), from €27,925 to €48,963
- Other debts +€8,673
up €8,673 (+3.4%), from €253,754 to €262,427
- Gross operating margin +€6,522
up €6,522 (+10.9%), from €59,960 to €66,482
- Taxes +€2,406
up €2,406 (+51.5%), from €4,672 to €7,078
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 | €640,571 | €642,165 | +€1,594 | +0.2% |
| Fixed assets | 21/28 | €580,701 | €562,988 | -€17,713 | -3.1% |
| Tangible fixed assets | 22/27 | €580,701 | €562,988 | -€17,713 | -3.1% |
| Land and buildings | 22 | €580,701 | €562,988 | -€17,713 | -3.1% |
| Current assets | 29/58 | €59,870 | €79,177 | +€19,307 | +32.2% |
| Amounts receivable within one year | 40/41 | €328 | €922 | +€594 | +181.1% |
| Other amounts receivable | 41 | €328 | €922 | +€594 | +181.1% |
| Cash at bank and in hand | 54/58 | €57,977 | €76,622 | +€18,645 | +32.2% |
| Deferred charges and accrued income | 490/1 | €1,565 | €1,633 | +€68 | +4.3% |
| Total equity and liabilities | 10/49 | €640,571 | €642,165 | +€1,594 | +0.2% |
| Equity | 10/15 | €232,525 | €253,563 | +€21,038 | +9.0% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Capital | 10 | €186,000 | €186,000 | = | 0.0% |
| Issued capital | 100 | €186,000 | €186,000 | = | 0.0% |
| Reserves | 13 | €18,600 | €18,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,600 | €18,600 | = | 0.0% |
| Legal reserve | 130 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,925 | €48,963 | +€21,038 | +75.3% |
| Amounts payable | 17/49 | €408,046 | €388,602 | -€19,444 | -4.8% |
| Amounts payable after more than one year | 17 | €118,264 | €88,630 | -€29,634 | -25.1% |
| Financial debts | 170/4 | €118,264 | €88,630 | -€29,634 | -25.1% |
| Amounts payable within one year | 42/48 | €289,782 | €299,972 | +€10,190 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €28,800 | €29,634 | +€834 | +2.9% |
| Trade debts | 44 | €3,637 | €4,194 | +€557 | +15.3% |
| Suppliers | 440/4 | €3,637 | €4,194 | +€557 | +15.3% |
| Taxes, remuneration and social security | 45 | €3,591 | €3,717 | +€126 | +3.5% |
| Taxes | 450/3 | €3,591 | €3,717 | +€126 | +3.5% |
| Other amounts payable | 47/48 | €253,754 | €262,427 | +€8,673 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,713 | €17,713 | = | 0.0% |
| Other operating charges | 640/8 | €4,261 | €4,555 | +€294 | +6.9% |
| Gross operating margin | 9900 | €59,960 | €66,482 | +€6,522 | +10.9% |
| Operating profit (loss) | 9901 | €37,986 | €44,214 | +€6,228 | +16.4% |
| Financial charges | 65/66B | €16,762 | €16,098 | -€664 | -4.0% |
| Recurring financial charges | 65 | €16,762 | €16,098 | -€664 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €21,224 | €28,116 | +€6,892 | +32.5% |
| Income taxes | 67/77 | €4,672 | €7,078 | +€2,406 | +51.5% |
| Profit (loss) for the period | 9904 | €16,552 | €21,038 | +€4,486 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,552 | €21,038 | +€4,486 | +27.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.