JOA: what changed
JOA
Largest movements
- Receivables within one year -€2,000
down €2,000 (-37.1%), from €5,392 to €3,392
- Cash -€102
down €102 (-86.8%), from €117 to €15
mainly Other debts (-€1,550) and Trade debts (-€663)
- Other debts -€1,550
down €1,550 (-70.6%), from €2,194 to €644
- Trade debts -€663
down €663 (-46.7%), from €1,418 to €755
- Profit (loss) carried forward +€111
up €111 (+0.7%), from -€16,703 to -€16,592
- Gross operating margin +€7,844
up €7,844, from -€7,184 to €661
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,509 | €3,408 | -€2,102 | -38.1% |
| Current assets | 29/58 | €5,509 | €3,408 | -€2,102 | -38.1% |
| Amounts receivable within one year | 40/41 | €5,392 | €3,392 | -€2,000 | -37.1% |
| Other amounts receivable | 41 | €5,392 | €3,392 | -€2,000 | -37.1% |
| Cash at bank and in hand | 54/58 | €117 | €15 | -€102 | -86.8% |
| Total equity and liabilities | 10/49 | €5,509 | €3,408 | -€2,102 | -38.1% |
| Equity | 10/15 | €1,897 | €2,008 | +€111 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,703 | -€16,592 | +€111 | +0.7% |
| Amounts payable | 17/49 | €3,612 | €1,400 | -€2,213 | -61.3% |
| Amounts payable within one year | 42/48 | €3,612 | €1,400 | -€2,213 | -61.3% |
| Trade debts | 44 | €1,418 | €755 | -€663 | -46.7% |
| Suppliers | 440/4 | €1,418 | €755 | -€663 | -46.7% |
| Other amounts payable | 47/48 | €2,194 | €644 | -€1,550 | -70.6% |
| Other operating charges | 640/8 | €455 | €400 | -€56 | -12.2% |
| Gross operating margin | 9900 | -€7,184 | €661 | +€7,844 | |
| Operating profit (loss) | 9901 | -€7,639 | €261 | +€7,900 | |
| Financial charges | 65/66B | €154 | €150 | -€4 | -2.5% |
| Recurring financial charges | 65 | €154 | €150 | -€4 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,793 | €111 | +€7,904 | |
| Profit (loss) for the period | 9904 | -€7,793 | €111 | +€7,904 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,793 | €111 | +€7,904 |
Next steps
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 3 November 2026 via checked.be.