JOSTI: 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.
JOSTI
Largest movements
- Cash +€1.2m
up €1.2m (+241.3%), from €510,453 to €1.7m
mainly Net result for the year (+€858,908) and Provisions (+€289,603)
- Tangible fixed assets -€91,586
down €91,586 (-100.0%), from €91,586 to €0
- Reserves +€868,810
up €868,810 (+298.9%), from €290,646 to €1.2m
of which Tax-exempt reserves: +€868,810
- Provisions +€289,603
up €289,603 (+848.8%), from €34,118 to €323,722
- Gross operating margin +€1.1m
up €1.1m (+18615.5%), from €6,155 to €1.2m
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 | €757,200 | €1,896,904 | +€1.1m | +150.5% |
| Fixed assets | 21/28 | €198,402 | €106,816 | -€91,586 | -46.2% |
| Tangible fixed assets | 22/27 | €91,586 | €0 | -€91,586 | -100.0% |
| Land and buildings | 22 | €91,586 | €0 | -€91,586 | -100.0% |
| Financial fixed assets | 28 | €106,816 | €106,816 | = | 0.0% |
| Current assets | 29/58 | €558,798 | €1,790,088 | +€1.2m | +220.3% |
| Amounts receivable within one year | 40/41 | €45,155 | €45,160 | +€5 | 0.0% |
| Trade receivables | 40 | €14,500 | €14,500 | = | 0.0% |
| Other amounts receivable | 41 | €30,655 | €30,660 | +€5 | 0.0% |
| Cash at bank and in hand | 54/58 | €510,453 | €1,742,101 | +€1.2m | +241.3% |
| Deferred charges and accrued income | 490/1 | €3,190 | €2,827 | -€362 | -11.4% |
| Total equity and liabilities | 10/49 | €757,200 | €1,896,904 | +€1.1m | +150.5% |
| Equity | 10/15 | €676,035 | €1,534,943 | +€858,908 | +127.1% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Capital | 10 | €371,840 | €371,840 | = | 0.0% |
| Issued capital | 100 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €290,646 | €1,159,456 | +€868,810 | +298.9% |
| Non-distributable reserves | 130/1 | €14,364 | €14,364 | = | 0.0% |
| Legal reserve | 130 | €14,364 | €14,364 | = | 0.0% |
| Tax-exempt reserves | 132 | €102,355 | €971,165 | +€868,810 | +848.8% |
| Distributable reserves | 133 | €173,927 | €173,927 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,549 | €3,647 | -€9,902 | -73.1% |
| Provisions and deferred taxes | 16 | €34,118 | €323,722 | +€289,603 | +848.8% |
| Deferred taxes | 168 | €34,118 | €323,722 | +€289,603 | +848.8% |
| Amounts payable | 17/49 | €47,047 | €38,239 | -€8,808 | -18.7% |
| Amounts payable within one year | 42/48 | €47,047 | €38,239 | -€8,808 | -18.7% |
| Trade debts | 44 | - | €182 | +€182 | |
| Suppliers | 440/4 | - | €182 | +€182 | |
| Advances received on contracts in progress | 46 | €17,545 | €17,545 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €820 | €562 | -€258 | -31.4% |
| Taxes | 450/3 | €820 | €562 | -€258 | -31.4% |
| Other amounts payable | 47/48 | €28,682 | €19,950 | -€8,731 | -30.4% |
| Non-recurring operating income | 76A | €0 | €1,158,414 | +€1.2m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,100 | €0 | -€6,100 | -100.0% |
| Other operating charges | 640/8 | €4,122 | €1,716 | -€2,406 | -58.4% |
| Gross operating margin | 9900 | €6,155 | €1,151,858 | +€1.1m | +18615.5% |
| Operating profit (loss) | 9901 | -€4,067 | €1,150,142 | +€1.2m | |
| Financial income | 75/76B | €692 | €707 | +€15 | +2.1% |
| Recurring financial income | 75 | €692 | €707 | +€15 | +2.1% |
| Financial charges | 65/66B | €3,124 | €2,337 | -€787 | -25.2% |
| Recurring financial charges | 65 | €3,124 | €2,337 | -€787 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,499 | €1,148,511 | +€1.2m | |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Transfer to deferred taxes | 680 | €0 | €289,603 | +€289,603 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€6,499 | €858,908 | +€865,407 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €0 | €868,810 | +€868,810 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,499 | -€9,902 | -€3,403 | -52.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.