JOKEBAT: 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.
JOKEBAT
Largest movements
- Cash -€321,061
down €321,061 (-41.8%), from €768,415 to €447,354
mainly Other debts (-€541,663) and Tax, wage and social debts (-€20,536)
- Tangible fixed assets -€88,160
down €88,160 (-7.5%), from €1.2m to €1.1m
of which Other tangible fixed assets: -€48,696
- Other debts -€541,663
down €541,663 (-73.9%), from €732,729 to €191,067
- Reserves +€157,120
up €157,120 (+80.5%), from €195,129 to €352,249
of which Distributable reserves: +€157,120
- Tax, wage and social debts -€20,536
down €20,536 (-66.7%), from €30,803 to €10,267
- Financial charges -€38,783
down €38,783 (-67.5%), from €57,499 to €18,715
- Financial income +€15,683
up €15,683 (+3,046%), from €515 to €16,198
- Gross operating margin +€8,332
up €8,332 (+3.1%), from €268,161 to €276,493
- Depreciation -€2,877
down €2,877 (-3.1%), from €91,534 to €88,657
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 | €1,966,964 | €1,554,096 | -€412,868 | -21.0% |
| Fixed assets | 21/28 | €1,183,132 | €1,094,973 | -€88,160 | -7.5% |
| Tangible fixed assets | 22/27 | €1,182,582 | €1,094,423 | -€88,160 | -7.5% |
| Land and buildings | 22 | €4,009 | €2,004 | -€2,005 | -50.0% |
| Plant, machinery and equipment | 23 | €200 | - | -€200 | |
| Furniture and vehicles | 24 | €139,632 | €102,374 | -€37,258 | -26.7% |
| Other tangible fixed assets | 26 | €1,038,742 | €990,045 | -€48,696 | -4.7% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €783,832 | €459,123 | -€324,709 | -41.4% |
| Amounts receivable within one year | 40/41 | €11,413 | €4,427 | -€6,986 | -61.2% |
| Trade receivables | 40 | €11,413 | - | -€11,413 | |
| Other amounts receivable | 41 | €0 | €4,427 | +€4,427 | |
| Cash at bank and in hand | 54/58 | €768,415 | €447,354 | -€321,061 | -41.8% |
| Deferred charges and accrued income | 490/1 | €4,004 | €7,342 | +€3,338 | +83.4% |
| Total equity and liabilities | 10/49 | €1,966,964 | €1,554,096 | -€412,868 | -21.0% |
| Equity | 10/15 | €1,189,779 | €1,346,899 | +€157,120 | +13.2% |
| Contributions | 10/11 | €994,650 | €994,650 | = | 0.0% |
| Capital | 10 | €994,650 | €994,650 | = | 0.0% |
| Issued capital | 100 | €994,650 | €994,650 | = | 0.0% |
| Reserves | 13 | €195,129 | €352,249 | +€157,120 | +80.5% |
| Non-distributable reserves | 130/1 | €99,465 | €99,465 | = | 0.0% |
| Legal reserve | 130 | €99,465 | €99,465 | = | 0.0% |
| Distributable reserves | 133 | €95,664 | €252,784 | +€157,120 | +164% |
| Amounts payable | 17/49 | €777,185 | €207,197 | -€569,988 | -73.3% |
| Amounts payable within one year | 42/48 | €772,947 | €202,959 | -€569,989 | -73.7% |
| Trade debts | 44 | €9,415 | €1,625 | -€7,790 | -82.7% |
| Suppliers | 440/4 | €9,415 | €1,625 | -€7,790 | -82.7% |
| Taxes, remuneration and social security | 45 | €30,803 | €10,267 | -€20,536 | -66.7% |
| Taxes | 450/3 | €30,803 | €10,267 | -€20,536 | -66.7% |
| Other amounts payable | 47/48 | €732,729 | €191,067 | -€541,663 | -73.9% |
| Accrued charges and deferred income | 492/3 | €4,238 | €4,239 | +€1 | 0.0% |
| Non-recurring operating income | 76A | €219,481 | €243,497 | +€24,016 | +10.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,534 | €88,657 | -€2,877 | -3.1% |
| Other operating charges | 640/8 | €28,638 | €27,779 | -€859 | -3.0% |
| Gross operating margin | 9900 | €268,161 | €276,493 | +€8,332 | +3.1% |
| Operating profit (loss) | 9901 | €147,990 | €160,058 | +€12,068 | +8.2% |
| Financial income | 75/76B | €515 | €16,198 | +€15,683 | +3,046% |
| Recurring financial income | 75 | €515 | €16,198 | +€15,683 | +3,046% |
| Financial charges | 65/66B | €57,499 | €18,715 | -€38,783 | -67.5% |
| Recurring financial charges | 65 | €57,499 | €18,715 | -€38,783 | -67.5% |
| Profit (loss) for the period before taxes | 9903 | €91,007 | €157,541 | +€66,534 | +73.1% |
| Income taxes | 67/77 | €445 | €421 | -€24 | -5.4% |
| Profit (loss) for the period | 9904 | €90,562 | €157,120 | +€66,558 | +73.5% |
| Profit (loss) for the period to be appropriated | 9905 | €90,562 | €157,120 | +€66,558 | +73.5% |
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 1 November 2026 via checked.be.