Jotape: 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.
Jotape
Largest movements
- Cash +€171,564
up €171,564 (+34.3%), from €500,520 to €672,084
mainly Net result for the year (+€255,188) and Depreciation (+€42,437)
- Tangible fixed assets -€35,624
down €35,624 (-9.6%), from €371,109 to €335,486
of which Furniture and vehicles: -€21,320
- Current investments +€30,751
up €30,751 (+29.7%), from €103,389 to €134,140
- Receivables within one year +€18,789
up €18,789 (+7.6%), from €248,855 to €267,644
- Receivables after one year -€18,000
down €18,000 (-25.7%), from €70,000 to €52,000
- Reserves +€203,994
up €203,994 (+24.3%), from €838,515 to €1.0m
of which Distributable reserves: +€203,994
- Debts after one year -€45,578
down €45,578 (-12.2%), from €373,401 to €327,823
- Gross operating margin +€117,032
up €117,032 (+37.6%), from €310,902 to €427,933
- Taxes +€35,578
up €35,578 (+44.0%), from €80,885 to €116,463
- Other operating charges -€32,466
down €32,466 (-89.2%), from €36,389 to €3,923
- Financial income -€12,634
down €12,634 (-84.7%), from €14,911 to €2,277
- Financial charges +€5,593
up €5,593 (+84.7%), from €6,606 to €12,199
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 | €1,293,873 | €1,461,354 | +€167,481 | +12.9% |
| Fixed assets | 21/28 | €371,109 | €335,486 | -€35,624 | -9.6% |
| Tangible fixed assets | 22/27 | €371,109 | €335,486 | -€35,624 | -9.6% |
| Land and buildings | 22 | €250,457 | €237,790 | -€12,666 | -5.1% |
| Plant, machinery and equipment | 23 | €1,752 | €2,433 | +€681 | +38.9% |
| Furniture and vehicles | 24 | €97,762 | €76,443 | -€21,320 | -21.8% |
| Other tangible fixed assets | 26 | €21,139 | €18,820 | -€2,319 | -11.0% |
| Current assets | 29/58 | €922,764 | €1,125,868 | +€203,104 | +22.0% |
| Amounts receivable after more than one year | 29 | €70,000 | €52,000 | -€18,000 | -25.7% |
| Other amounts receivable | 291 | €70,000 | €52,000 | -€18,000 | -25.7% |
| Amounts receivable within one year | 40/41 | €248,855 | €267,644 | +€18,789 | +7.6% |
| Other amounts receivable | 41 | €248,855 | €267,644 | +€18,789 | +7.6% |
| Current investments | 50/53 | €103,389 | €134,140 | +€30,751 | +29.7% |
| Cash at bank and in hand | 54/58 | €500,520 | €672,084 | +€171,564 | +34.3% |
| Total equity and liabilities | 10/49 | €1,293,873 | €1,461,354 | +€167,481 | +12.9% |
| Equity | 10/15 | €857,065 | €1,061,059 | +€203,994 | +23.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €838,515 | €1,042,509 | +€203,994 | +24.3% |
| Tax-exempt reserves | 132 | €221,725 | €221,725 | = | 0.0% |
| Distributable reserves | 133 | €616,790 | €820,784 | +€203,994 | +33.1% |
| Amounts payable | 17/49 | €436,808 | €400,295 | -€36,513 | -8.4% |
| Amounts payable after more than one year | 17 | €373,401 | €327,823 | -€45,578 | -12.2% |
| Financial debts | 170/4 | €373,401 | €327,823 | -€45,578 | -12.2% |
| Amounts payable within one year | 42/48 | €63,407 | €72,472 | +€9,065 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €44,134 | €45,578 | +€1,444 | +3.3% |
| Trade debts | 44 | €791 | - | -€791 | |
| Suppliers | 440/4 | €791 | - | -€791 | |
| Taxes, remuneration and social security | 45 | €18,019 | €25,519 | +€7,500 | +41.6% |
| Taxes | 450/3 | €18,019 | €25,519 | +€7,500 | +41.6% |
| Other amounts payable | 47/48 | €463 | €1,375 | +€911 | +197% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,545 | €42,437 | +€2,892 | +7.3% |
| Other operating charges | 640/8 | €36,389 | €3,923 | -€32,466 | -89.2% |
| Gross operating margin | 9900 | €310,902 | €427,933 | +€117,032 | +37.6% |
| Operating profit (loss) | 9901 | €234,968 | €381,573 | +€146,606 | +62.4% |
| Financial income | 75/76B | €14,911 | €2,277 | -€12,634 | -84.7% |
| Recurring financial income | 75 | €14,911 | €2,277 | -€12,634 | -84.7% |
| Financial charges | 65/66B | €6,606 | €12,199 | +€5,593 | +84.7% |
| Recurring financial charges | 65 | €6,606 | €12,199 | +€5,593 | +84.7% |
| Profit (loss) for the period before taxes | 9903 | €243,272 | €371,651 | +€128,379 | +52.8% |
| Income taxes | 67/77 | €80,885 | €116,463 | +€35,578 | +44.0% |
| Profit (loss) for the period | 9904 | €162,388 | €255,188 | +€92,800 | +57.1% |
| Transfer from tax-exempt reserves | 789 | €17,800 | - | -€17,800 | |
| Profit (loss) for the period to be appropriated | 9905 | €180,188 | €255,188 | +€75,000 | +41.6% |
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.