Jozart: 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.
Jozart
Largest movements
- Receivables within one year -€107,090
down €107,090 (-81.7%), from €131,051 to €23,962
of which Trade receivables: -€99,387
- Cash +€54,184
up €54,184 (+269%), from €20,124 to €74,308
mainly Receivables within one year (+€107,090) and Net result for the year (+€55,310)
- Tangible fixed assets -€17,020
down €17,020 (-26.5%), from €64,227 to €47,207
of which Furniture and vehicles: -€14,387
- Other debts -€75,886
down €75,886 (-43.1%), from €175,934 to €100,049
- Tax, wage and social debts +€4,028
up €4,028 (+23.0%), from €17,522 to €21,550
of which Taxes: +€3,997
- Gross operating margin -€92,753
down €92,753 (-50.4%), from €184,066 to €91,314
- Taxes -€21,685
down €21,685 (-58.0%), from €37,390 to €15,705
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 | €216,735 | €146,539 | -€70,197 | -32.4% |
| Fixed assets | 21/28 | €64,227 | €47,207 | -€17,020 | -26.5% |
| Tangible fixed assets | 22/27 | €64,227 | €47,207 | -€17,020 | -26.5% |
| Plant, machinery and equipment | 23 | €2,160 | €1,127 | -€1,033 | -47.8% |
| Furniture and vehicles | 24 | €52,424 | €38,036 | -€14,387 | -27.4% |
| Other tangible fixed assets | 26 | €9,644 | €8,044 | -€1,600 | -16.6% |
| Current assets | 29/58 | €152,508 | €99,332 | -€53,177 | -34.9% |
| Amounts receivable within one year | 40/41 | €131,051 | €23,962 | -€107,090 | -81.7% |
| Trade receivables | 40 | €123,349 | €23,962 | -€99,387 | -80.6% |
| Other amounts receivable | 41 | €7,703 | €0 | -€7,703 | -100% |
| Cash at bank and in hand | 54/58 | €20,124 | €74,308 | +€54,184 | +269% |
| Deferred charges and accrued income | 490/1 | €1,333 | €1,062 | -€271 | -20.3% |
| Total equity and liabilities | 10/49 | €216,735 | €146,539 | -€70,197 | -32.4% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €196,275 | €126,079 | -€70,197 | -35.8% |
| Amounts payable within one year | 42/48 | €196,275 | €126,079 | -€70,197 | -35.8% |
| Trade debts | 44 | €2,819 | €4,480 | +€1,661 | +58.9% |
| Suppliers | 440/4 | €2,819 | €4,480 | +€1,661 | +58.9% |
| Taxes, remuneration and social security | 45 | €17,522 | €21,550 | +€4,028 | +23.0% |
| Taxes | 450/3 | €14,768 | €18,765 | +€3,997 | +27.1% |
| Remuneration and social security | 454/9 | €2,754 | €2,785 | +€31 | +1.1% |
| Other amounts payable | 47/48 | €175,934 | €100,049 | -€75,886 | -43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,539 | €17,020 | +€481 | +2.9% |
| Other operating charges | 640/8 | €372 | €1,196 | +€824 | +221% |
| Gross operating margin | 9900 | €184,066 | €91,314 | -€92,753 | -50.4% |
| Operating profit (loss) | 9901 | €167,155 | €73,098 | -€94,058 | -56.3% |
| Financial income | 75/76B | €89 | €202 | +€113 | +126% |
| Recurring financial income | 75 | €89 | €202 | +€113 | +126% |
| Financial charges | 65/66B | €2,736 | €2,286 | -€450 | -16.5% |
| Recurring financial charges | 65 | €2,736 | €2,286 | -€450 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €164,509 | €71,014 | -€93,494 | -56.8% |
| Income taxes | 67/77 | €37,390 | €15,705 | -€21,685 | -58.0% |
| Profit (loss) for the period | 9904 | €127,119 | €55,310 | -€71,809 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €127,119 | €55,310 | -€71,809 | -56.5% |
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.