JOZEFINN: 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.
JOZEFINN
Largest movements
- Tangible fixed assets -€12,914
down €12,914 (-12.2%), from €105,653 to €92,739
- Cash +€7,552
up €7,552 (+19.0%), from €39,728 to €47,280
mainly Depreciation (+€15,240) and Receivables within one year (+€5,143)
- Receivables within one year -€5,143
down €5,143 (-77.4%), from €6,640 to €1,498
of which Other amounts receivable: -€5,143
- Debts after one year -€13,972
down €13,972 (-12.7%), from €110,281 to €96,308
- Reserves +€2,871
up €2,871 (+81.1%), from €3,540 to €6,411
- Purchases and services -€882
down €882 (-23.5%), from €3,762 to €2,880
- Gross operating margin +€879
up €879 (+3.7%), from €23,501 to €24,380
- Other operating charges +€838
up €838 (+166%), from €505 to €1,343
- Financial charges -€501
down €501 (-9.4%), from €5,350 to €4,849
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 | €152,152 | €141,517 | -€10,635 | -7.0% |
| Fixed assets | 21/28 | €105,653 | €92,739 | -€12,914 | -12.2% |
| Tangible fixed assets | 22/27 | €105,653 | €92,739 | -€12,914 | -12.2% |
| Land and buildings | 22 | €105,653 | €92,739 | -€12,914 | -12.2% |
| Current assets | 29/58 | €46,500 | €48,778 | +€2,278 | +4.9% |
| Amounts receivable within one year | 40/41 | €6,640 | €1,498 | -€5,143 | -77.4% |
| Trade receivables | 40 | €254 | €254 | = | 0.0% |
| Other amounts receivable | 41 | €6,387 | €1,244 | -€5,143 | -80.5% |
| Cash at bank and in hand | 54/58 | €39,728 | €47,280 | +€7,552 | +19.0% |
| Deferred charges and accrued income | 490/1 | €131 | - | -€131 | |
| Total equity and liabilities | 10/49 | €152,152 | €141,517 | -€10,635 | -7.0% |
| Equity | 10/15 | €22,140 | €25,011 | +€2,871 | +13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,540 | €6,411 | +€2,871 | +81.1% |
| Distributable reserves | 133 | €3,540 | €6,411 | +€2,871 | +81.1% |
| Amounts payable | 17/49 | €130,012 | €116,505 | -€13,507 | -10.4% |
| Amounts payable after more than one year | 17 | €110,281 | €96,308 | -€13,972 | -12.7% |
| Financial debts | 170/4 | €110,281 | €96,308 | -€13,972 | -12.7% |
| Amounts payable within one year | 42/48 | €19,646 | €20,197 | +€551 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €13,438 | €13,972 | +€534 | +4.0% |
| Trade debts | 44 | €291 | €307 | +€16 | +5.6% |
| Suppliers | 440/4 | €291 | €307 | +€16 | +5.6% |
| Other amounts payable | 47/48 | €5,918 | €5,918 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €85 | - | -€85 | |
| Turnover | 70 | €27,240 | €27,240 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,762 | €2,880 | -€882 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,505 | €15,240 | -€266 | -1.7% |
| Other operating charges | 640/8 | €505 | €1,343 | +€838 | +166% |
| Gross operating margin | 9900 | €23,501 | €24,380 | +€879 | +3.7% |
| Operating profit (loss) | 9901 | €7,490 | €7,797 | +€307 | +4.1% |
| Financial charges | 65/66B | €5,350 | €4,849 | -€501 | -9.4% |
| Recurring financial charges | 65 | €5,350 | €4,849 | -€501 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €2,140 | €2,948 | +€808 | +37.7% |
| Income taxes | 67/77 | - | €77 | +€77 | |
| Profit (loss) for the period | 9904 | €2,140 | €2,871 | +€731 | +34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,140 | €2,871 | +€731 | +34.1% |
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 13 October 2026 via checked.be.