Beautiful Jostine: what changed
Beautiful Jostine
Largest movements
- Financial fixed assets +€250,000
up €250,000 (+169%), from €147,662 to €397,662
- Cash -€20,877
down €20,877 (-27.6%), from €75,522 to €54,645
mainly Investment in fixed assets (net) (-€257,032) and Receivables after one year (-€19,000)
- Receivables after one year +€19,000
new in 2025: €19,000
- Other debts +€191,500
up €191,500 (+359%), from €53,295 to €244,795
- Reserves +€58,337
up €58,337 (+27.2%), from €214,225 to €272,562
- Accrued charges and deferred income -€8,956
no longer reported in 2025 (was €8,956)
- Financial income -€23,315
down €23,315 (-58.4%), from €39,919 to €16,604
- Gross operating margin +€14,034
up €14,034 (+23.9%), from €58,775 to €72,809
- Financial charges -€7,692
down €7,692 (-70.3%), from €10,939 to €3,247
- Depreciation -€1,957
down €1,957 (-33.0%), from €5,924 to €3,967
- Taxes -€972
down €972 (-4.1%), from €23,663 to €22,691
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 | €344,948 | €591,802 | +€246,854 | +71.6% |
| Fixed assets | 21/28 | €151,278 | €404,343 | +€253,065 | +167% |
| Tangible fixed assets | 22/27 | €3,615 | €6,680 | +€3,065 | +84.8% |
| Plant, machinery and equipment | 23 | €515 | €1,846 | +€1,331 | +259% |
| Furniture and vehicles | 24 | €3,100 | €4,834 | +€1,734 | +55.9% |
| Financial fixed assets | 28 | €147,662 | €397,662 | +€250,000 | +169% |
| Current assets | 29/58 | €193,671 | €187,460 | -€6,211 | -3.2% |
| Amounts receivable after more than one year | 29 | - | €19,000 | +€19,000 | |
| Other amounts receivable | 291 | - | €19,000 | +€19,000 | |
| Current investments | 50/53 | €115,442 | €111,067 | -€4,375 | -3.8% |
| Cash at bank and in hand | 54/58 | €75,522 | €54,645 | -€20,877 | -27.6% |
| Deferred charges and accrued income | 490/1 | €2,706 | €2,747 | +€42 | +1.5% |
| Total equity and liabilities | 10/49 | €344,948 | €591,802 | +€246,854 | +71.6% |
| Equity | 10/15 | €232,825 | €291,162 | +€58,337 | +25.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €214,225 | €272,562 | +€58,337 | +27.2% |
| Distributable reserves | 133 | €214,225 | €272,562 | +€58,337 | +27.2% |
| Amounts payable | 17/49 | €112,123 | €300,640 | +€188,517 | +168% |
| Amounts payable within one year | 42/48 | €103,167 | €300,640 | +€197,473 | +191% |
| Trade debts | 44 | €2,377 | €3,961 | +€1,585 | +66.7% |
| Suppliers | 440/4 | €2,377 | €3,961 | +€1,585 | +66.7% |
| Taxes, remuneration and social security | 45 | €47,495 | €51,884 | +€4,389 | +9.2% |
| Taxes | 450/3 | €45,132 | €49,507 | +€4,375 | +9.7% |
| Remuneration and social security | 454/9 | €2,363 | €2,377 | +€14 | +0.6% |
| Other amounts payable | 47/48 | €53,295 | €244,795 | +€191,500 | +359% |
| Accrued charges and deferred income | 492/3 | €8,956 | - | -€8,956 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,924 | €3,967 | -€1,957 | -33.0% |
| Other operating charges | 640/8 | €1,380 | €1,170 | -€209 | -15.2% |
| Gross operating margin | 9900 | €58,775 | €72,809 | +€14,034 | +23.9% |
| Operating profit (loss) | 9901 | €51,471 | €67,671 | +€16,201 | +31.5% |
| Financial income | 75/76B | €39,919 | €16,604 | -€23,315 | -58.4% |
| Recurring financial income | 75 | €39,919 | €16,604 | -€23,315 | -58.4% |
| Financial charges | 65/66B | €10,939 | €3,247 | -€7,692 | -70.3% |
| Recurring financial charges | 65 | €10,939 | €3,247 | -€7,692 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €80,451 | €81,028 | +€577 | +0.7% |
| Income taxes | 67/77 | €23,663 | €22,691 | -€972 | -4.1% |
| Profit (loss) for the period | 9904 | €56,788 | €58,337 | +€1,549 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €56,788 | €58,337 | +€1,549 | +2.7% |
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 2 November 2026 via checked.be.