JOTI: 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.
JOTI
Largest movements
- Tangible fixed assets -€30,176
down €30,176 (-4.0%), from €756,006 to €725,829
of which Land and buildings: -€29,512
- Debts after one year -€26,011
down €26,011 (-100%), from €26,011 to €0
- Current portion of long-term debt -€25,534
down €25,534 (-49.5%), from €51,545 to €26,011
- Reserves +€22,916
up €22,916 (+59.4%), from €38,578 to €61,494
of which Distributable reserves: +€61,494
- Accrued charges and deferred income -€13,290
down €13,290 (-100%), from €13,290 to €0
- Gross operating margin -€10,880
down €10,880 (-11.6%), from €93,852 to €82,973
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 | €828,193 | €797,408 | -€30,785 | -3.7% |
| Fixed assets | 21/28 | €756,006 | €725,829 | -€30,176 | -4.0% |
| Tangible fixed assets | 22/27 | €756,006 | €725,829 | -€30,176 | -4.0% |
| Land and buildings | 22 | €752,865 | €723,353 | -€29,512 | -3.9% |
| Furniture and vehicles | 24 | €3,141 | €2,477 | -€664 | -21.2% |
| Current assets | 29/58 | €72,188 | €71,579 | -€609 | -0.8% |
| Amounts receivable within one year | 40/41 | €20,695 | €16,207 | -€4,488 | -21.7% |
| Trade receivables | 40 | €13,216 | €11,110 | -€2,106 | -15.9% |
| Other amounts receivable | 41 | €7,479 | €5,097 | -€2,382 | -31.8% |
| Cash at bank and in hand | 54/58 | €51,493 | €55,371 | +€3,879 | +7.5% |
| Total equity and liabilities | 10/49 | €828,193 | €797,408 | -€30,785 | -3.7% |
| Equity | 10/15 | €721,702 | €744,619 | +€22,916 | +3.2% |
| Contributions | 10/11 | €545,000 | €545,000 | = | 0.0% |
| Reserves | 13 | €38,578 | €61,494 | +€22,916 | +59.4% |
| Non-distributable reserves | 130/1 | €38,578 | €0 | -€38,578 | -100% |
| Reserves not available under the articles | 1311 | €38,578 | €0 | -€38,578 | -100% |
| Distributable reserves | 133 | - | €61,494 | +€61,494 | |
| Profit (loss) carried forward | 14 | €138,124 | €138,124 | = | 0.0% |
| Amounts payable | 17/49 | €106,491 | €52,789 | -€53,702 | -50.4% |
| Amounts payable after more than one year | 17 | €26,011 | €0 | -€26,011 | -100% |
| Financial debts | 170/4 | €26,011 | €0 | -€26,011 | -100% |
| Amounts payable within one year | 42/48 | €67,190 | €52,789 | -€14,401 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €51,545 | €26,011 | -€25,534 | -49.5% |
| Trade debts | 44 | - | €6,942 | +€6,942 | |
| Suppliers | 440/4 | - | €6,942 | +€6,942 | |
| Taxes, remuneration and social security | 45 | €1,825 | €6,016 | +€4,191 | +230% |
| Taxes | 450/3 | €1,825 | €6,016 | +€4,191 | +230% |
| Other amounts payable | 47/48 | €13,820 | €13,820 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €13,290 | €0 | -€13,290 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,459 | €42,281 | -€178 | -0.4% |
| Other operating charges | 640/8 | €5,920 | €6,332 | +€412 | +7.0% |
| Gross operating margin | 9900 | €93,852 | €82,973 | -€10,880 | -11.6% |
| Operating profit (loss) | 9901 | €45,474 | €34,360 | -€11,114 | -24.4% |
| Financial charges | 65/66B | €1,389 | €749 | -€640 | -46.1% |
| Recurring financial charges | 65 | €1,389 | €749 | -€640 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | €44,084 | €33,611 | -€10,474 | -23.8% |
| Income taxes | 67/77 | €11,021 | €10,694 | -€327 | -3.0% |
| Profit (loss) for the period | 9904 | €33,063 | €22,916 | -€10,147 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,063 | €22,916 | -€10,147 | -30.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.