JOTHICO: 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.
JOTHICO
Largest movements
- Current investments +€79,524
up €79,524 (+87.9%), from €90,476 to €170,000
- Receivables within one year -€23,557
down €23,557 (-42.0%), from €56,102 to €32,545
of which Trade receivables: -€23,862
- Tangible fixed assets -€14,852
down €14,852 (-7.0%), from €212,110 to €197,259
of which Land and buildings: -€13,057
- Cash +€7,482
up €7,482 (+49.8%), from €15,014 to €22,495
mainly Net result for the year (+€68,670) and Other debts (+€24,917)
- Other debts +€24,917
up €24,917 (+3454.6%), from €721 to €25,638
- Trade debts +€9,302
up €9,302 (+74.5%), from €12,483 to €21,785
- Reserves +€8,609
up €8,609 (+2.6%), from €328,735 to €337,344
- Current portion of long-term debt +€7,562
up €7,562 (+148.1%), from €5,107 to €12,669
- Gross operating margin +€27,067
up €27,067 (+28.9%), from €93,553 to €120,621
- Taxes +€9,827
up €9,827 (+38.9%), from €25,288 to €35,115
- Financial income +€2,159
up €2,159 (+413.7%), from €522 to €2,681
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 | €374,815 | €423,394 | +€48,579 | +13.0% |
| Fixed assets | 21/28 | €212,110 | €197,259 | -€14,852 | -7.0% |
| Tangible fixed assets | 22/27 | €212,110 | €197,259 | -€14,852 | -7.0% |
| Land and buildings | 22 | €205,590 | €192,533 | -€13,057 | -6.4% |
| Plant, machinery and equipment | 23 | €215 | €50 | -€165 | -76.6% |
| Furniture and vehicles | 24 | €5,132 | €3,617 | -€1,515 | -29.5% |
| Other tangible fixed assets | 26 | €1,173 | €1,058 | -€114 | -9.8% |
| Current assets | 29/58 | €162,705 | €226,135 | +€63,431 | +39.0% |
| Amounts receivable within one year | 40/41 | €56,102 | €32,545 | -€23,557 | -42.0% |
| Trade receivables | 40 | €55,553 | €31,692 | -€23,862 | -43.0% |
| Other amounts receivable | 41 | €549 | €854 | +€305 | +55.5% |
| Current investments | 50/53 | €90,476 | €170,000 | +€79,524 | +87.9% |
| Cash at bank and in hand | 54/58 | €15,014 | €22,495 | +€7,482 | +49.8% |
| Deferred charges and accrued income | 490/1 | €1,113 | €1,095 | -€18 | -1.6% |
| Total equity and liabilities | 10/49 | €374,815 | €423,394 | +€48,579 | +13.0% |
| Equity | 10/15 | €348,735 | €357,344 | +€8,609 | +2.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €328,735 | €337,344 | +€8,609 | +2.6% |
| Distributable reserves | 133 | €328,735 | €337,344 | +€8,609 | +2.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,080 | €66,049 | +€39,970 | +153.3% |
| Amounts payable within one year | 42/48 | €26,080 | €66,049 | +€39,970 | +153.3% |
| Current portion of amounts payable after more than one year | 42 | €5,107 | €12,669 | +€7,562 | +148.1% |
| Trade debts | 44 | €12,483 | €21,785 | +€9,302 | +74.5% |
| Suppliers | 440/4 | €12,483 | €21,785 | +€9,302 | +74.5% |
| Taxes, remuneration and social security | 45 | €7,769 | €5,957 | -€1,811 | -23.3% |
| Taxes | 450/3 | €5,288 | €5,957 | +€669 | +12.7% |
| Remuneration and social security | 454/9 | €2,481 | €0 | -€2,481 | -100.0% |
| Other amounts payable | 47/48 | €721 | €25,638 | +€24,917 | +3454.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,947 | €14,852 | -€1,095 | -6.9% |
| Other operating charges | 640/8 | €3,150 | €3,666 | +€516 | +16.4% |
| Gross operating margin | 9900 | €93,553 | €120,621 | +€27,067 | +28.9% |
| Operating profit (loss) | 9901 | €74,456 | €102,103 | +€27,646 | +37.1% |
| Financial income | 75/76B | €522 | €2,681 | +€2,159 | +413.7% |
| Recurring financial income | 75 | €522 | €2,681 | +€2,159 | +413.7% |
| Financial charges | 65/66B | €748 | €998 | +€250 | +33.4% |
| Recurring financial charges | 65 | €748 | €998 | +€250 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €74,230 | €103,785 | +€29,556 | +39.8% |
| Income taxes | 67/77 | €25,288 | €35,115 | +€9,827 | +38.9% |
| Profit (loss) for the period | 9904 | €48,942 | €68,670 | +€19,729 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,942 | €68,670 | +€19,729 | +40.3% |
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 8 October 2026 via checked.be.