KJOE: 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.
KJOE
Largest movements
- Deferred charges and accrued income -€691
down €691 (-54.5%), from €1,267 to €576
- Tangible fixed assets -€261
down €261 (-21.7%), from €1,202 to €941
- Tax, wage and social debts -€433
down €433 (-8.7%), from €4,976 to €4,543
- Trade debts -€307
down €307 (-15.6%), from €1,965 to €1,658
- Profit (loss) carried forward -€281
down €281 (-1.1%), from -€26,045 to -€26,326
- Accrued charges and deferred income -€104
down €104 (-61.9%), from €168 to €64
- Gross operating margin +€9,516
up €9,516, from -€3,946 to €5,570
- Other operating charges -€1,533
down €1,533 (-71.5%), from €2,143 to €610
- Taxes +€944
up €944 (+60.3%), from €1,567 to €2,511
- Depreciation +€157
up €157 (+150.7%), from €104 to €261
- Financial charges -€120
down €120 (-7.5%), from €1,589 to €1,469
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 | €9,048 | €7,990 | -€1,057 | -11.7% |
| Fixed assets | 21/28 | €1,202 | €941 | -€261 | -21.7% |
| Tangible fixed assets | 22/27 | €1,202 | €941 | -€261 | -21.7% |
| Furniture and vehicles | 24 | €1,202 | €941 | -€261 | -21.7% |
| Current assets | 29/58 | €7,846 | €7,050 | -€796 | -10.1% |
| Amounts receivable within one year | 40/41 | €3,360 | €3,272 | -€88 | -2.6% |
| Trade receivables | 40 | €3,360 | €3,171 | -€189 | -5.6% |
| Other amounts receivable | 41 | €0 | €101 | +€101 | |
| Cash at bank and in hand | 54/58 | €3,219 | €3,202 | -€17 | -0.5% |
| Deferred charges and accrued income | 490/1 | €1,267 | €576 | -€691 | -54.5% |
| Total equity and liabilities | 10/49 | €9,048 | €7,990 | -€1,057 | -11.7% |
| Equity | 10/15 | €1,515 | €1,234 | -€281 | -18.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,968 | €8,968 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,468 | €3,468 | = | 0.0% |
| Distributable reserves | 133 | €5,500 | €5,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,045 | -€26,326 | -€281 | -1.1% |
| Amounts payable | 17/49 | €7,533 | €6,757 | -€776 | -10.3% |
| Amounts payable within one year | 42/48 | €7,365 | €6,693 | -€672 | -9.1% |
| Trade debts | 44 | €1,965 | €1,658 | -€307 | -15.6% |
| Suppliers | 440/4 | €1,965 | €1,658 | -€307 | -15.6% |
| Taxes, remuneration and social security | 45 | €4,976 | €4,543 | -€433 | -8.7% |
| Taxes | 450/3 | €4,976 | €4,543 | -€433 | -8.7% |
| Other amounts payable | 47/48 | €424 | €492 | +€68 | +15.9% |
| Accrued charges and deferred income | 492/3 | €168 | €64 | -€104 | -61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104 | €261 | +€157 | +150.7% |
| Other operating charges | 640/8 | €2,143 | €610 | -€1,533 | -71.5% |
| Non-recurring operating charges | 66A | - | €1,000 | +€1,000 | |
| Gross operating margin | 9900 | -€3,946 | €5,570 | +€9,516 | |
| Operating profit (loss) | 9901 | -€6,193 | €3,699 | +€9,892 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -87.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -87.3% |
| Financial charges | 65/66B | €1,589 | €1,469 | -€120 | -7.5% |
| Recurring financial charges | 65 | €1,589 | €1,469 | -€120 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,781 | €2,230 | +€10,011 | |
| Income taxes | 67/77 | €1,567 | €2,511 | +€944 | +60.3% |
| Profit (loss) for the period | 9904 | -€9,348 | -€281 | +€9,066 | +97.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,348 | -€281 | +€9,066 | +97.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.