Joti Trans: what changed
What changed
Joti Trans
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€137,980
2024 · €214,775-€76,795
Equity
€1.2m
2024 · €1.2m-€58,370
Cash
€113,117
2024 · €208,137-€95,020
Balance sheet total
€1.8m
2024 · €1.8m+€60,585
Largest movements
Assets
- Receivables within one year +€247,598
up €247,598 (+60.1%), from €411,714 to €659,311
of which Trade receivables: +€227,015
- Receivables after one year -€186,533
down €186,533 (-100%), from €186,533 to €0
- Current investments +€100,000
up €100,000 (+50.0%), from €200,000 to €300,000
- Cash -€95,020
down €95,020 (-45.7%), from €208,137 to €113,117
mainly Investment in fixed assets (net) (-€293,709) and Receivables within one year (-€247,598)
- Deferred charges and accrued income -€58,100
down €58,100 (-100%), from €58,100 to €0
Equity and liabilities
- Tax, wage and social debts +€70,042
up €70,042 (+48.3%), from €145,069 to €215,111
of which Taxes: +€51,976
- Reserves -€58,370
down €58,370 (-4.9%), from €1.2m to €1.1m
of which Distributable reserves: -€58,370
- Debts after one year +€27,043
up €27,043 (+10.5%), from €257,354 to €284,397
Income statement
- Staff costs +€136,161
up €136,161 (+14.9%), from €913,564 to €1.0m
- Gross operating margin +€81,374
up €81,374 (+5.8%), from €1.4m to €1.5m
- Depreciation +€62,100
up €62,100 (+34.7%), from €178,970 to €241,070
- Taxes -€27,239
down €27,239 (-33.0%), from €82,619 to €55,380
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€214,775
Gross operating margin
+€81,374
Staff costs
-€136,161
Depreciation
-€62,100
Other operating charges
+€1,322
Financial income
+€14,455
Financial charges
-€2,923
Taxes
+€27,239
Result 2025
€137,980
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€455,042
Investment
-€393,709
Financing
-€156,352
Cash 2024
€208,137
From operations (derived)
+€455,042
Net result for the year
+€137,980
Depreciation
+€241,070
Receivables after one year
+€186,533
Receivables within one year
-€247,598
Deferred charges and accrued income
+€58,100
Trade debts
+€7,778
Tax, wage and social debts
+€70,042
Other debts
+€1,137
Investment (derived)
-€393,709
Investment in fixed assets (net)
-€293,709
Current investments
-€100,000
Financing
-€156,352
Debts after one year
+€27,043
Current portion of long-term debt
+€12,955
Contributions, distributions and other
-€196,350
Cash 2025
€113,117
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,770,527 | €1,831,112 | +€60,585 | +3.4% |
| Fixed assets | 21/28 | €706,044 | €758,683 | +€52,639 | +7.5% |
| Tangible fixed assets | 22/27 | €700,039 | €749,943 | +€49,904 | +7.1% |
| Land and buildings | 22 | - | €73,126 | +€73,126 | |
| Plant, machinery and equipment | 23 | €9,740 | €6,049 | -€3,691 | -37.9% |
| Furniture and vehicles | 24 | €342,319 | €269,360 | -€72,958 | -21.3% |
| Leasing and similar rights | 25 | €347,981 | €401,409 | +€53,428 | +15.4% |
| Financial fixed assets | 28 | €6,005 | €8,740 | +€2,735 | +45.5% |
| Current assets | 29/58 | €1,064,483 | €1,072,428 | +€7,946 | +0.7% |
| Amounts receivable after more than one year | 29 | €186,533 | €0 | -€186,533 | -100% |
| Trade receivables | 290 | €186,533 | €0 | -€186,533 | -100% |
| Amounts receivable within one year | 40/41 | €411,714 | €659,311 | +€247,598 | +60.1% |
| Trade receivables | 40 | €411,256 | €638,271 | +€227,015 | +55.2% |
| Other amounts receivable | 41 | €457 | €21,040 | +€20,583 | +4,499% |
| Current investments | 50/53 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €208,137 | €113,117 | -€95,020 | -45.7% |
| Deferred charges and accrued income | 490/1 | €58,100 | €0 | -€58,100 | -100% |
| Total equity and liabilities | 10/49 | €1,770,527 | €1,831,112 | +€60,585 | +3.4% |
| Equity | 10/15 | €1,215,051 | €1,156,681 | -€58,370 | -4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,196,451 | €1,138,081 | -€58,370 | -4.9% |
| Tax-exempt reserves | 132 | €168,400 | €168,400 | = | 0.0% |
| Distributable reserves | 133 | €1,028,051 | €969,681 | -€58,370 | -5.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €555,476 | €674,431 | +€118,954 | +21.4% |
| Amounts payable after more than one year | 17 | €257,354 | €284,397 | +€27,043 | +10.5% |
| Financial debts | 170/4 | €257,354 | €284,397 | +€27,043 | +10.5% |
| Amounts payable within one year | 42/48 | €298,122 | €390,034 | +€91,911 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | €110,537 | €123,492 | +€12,955 | +11.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €41,748 | €49,526 | +€7,778 | +18.6% |
| Suppliers | 440/4 | €41,748 | €49,526 | +€7,778 | +18.6% |
| Taxes, remuneration and social security | 45 | €145,069 | €215,111 | +€70,042 | +48.3% |
| Taxes | 450/3 | €55,361 | €107,337 | +€51,976 | +93.9% |
| Remuneration and social security | 454/9 | €89,708 | €107,774 | +€18,066 | +20.1% |
| Other amounts payable | 47/48 | €768 | €1,905 | +€1,137 | +148% |
| Remuneration, social security and pensions | 62 | €913,564 | €1,049,725 | +€136,161 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,970 | €241,070 | +€62,100 | +34.7% |
| Other operating charges | 640/8 | €6,340 | €5,018 | -€1,322 | -20.8% |
| Gross operating margin | 9900 | €1,395,535 | €1,476,908 | +€81,374 | +5.8% |
| Operating profit (loss) | 9901 | €296,661 | €181,096 | -€115,566 | -39.0% |
| Financial income | 75/76B | €14,041 | €28,496 | +€14,455 | +103% |
| Recurring financial income | 75 | €3,589 | €12,579 | +€8,990 | +250% |
| Non-recurring financial income | 76B | €10,452 | €15,917 | +€5,465 | +52.3% |
| Financial charges | 65/66B | €13,308 | €16,231 | +€2,923 | +22.0% |
| Recurring financial charges | 65 | €13,308 | €16,231 | +€2,923 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €297,394 | €193,360 | -€104,034 | -35.0% |
| Income taxes | 67/77 | €82,619 | €55,380 | -€27,239 | -33.0% |
| Profit (loss) for the period | 9904 | €214,775 | €137,980 | -€76,795 | -35.8% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €214,775 | €137,980 | -€76,795 | -35.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.