Bureau Joosten: 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.
Bureau Joosten
Largest movements
- Cash +€20,354
up €20,354 (+16.5%), from €123,164 to €143,518
mainly Net result for the year (+€28,208) and Depreciation (+€16,515)
- Tangible fixed assets -€15,372
down €15,372 (-14.5%), from €105,680 to €90,309
of which Land and buildings: -€12,160
- Receivables within one year +€9,617
up €9,617 (+46.1%), from €20,868 to €30,484
of which Other amounts receivable: +€5,884
- Reserves +€28,000
up €28,000 (+16.4%), from €171,157 to €199,157
of which Distributable reserves: +€28,000
- Debts after one year -€6,849
no longer reported in 2026 (was €6,849)
- Tax, wage and social debts -€4,918
down €4,918 (-16.0%), from €30,644 to €25,726
of which Taxes: -€3,780
- Staff costs +€16,620
up €16,620 (+20.8%), from €79,913 to €96,533
- Gross operating margin +€6,616
up €6,616 (+4.5%), from €147,654 to €154,270
- Taxes -€5,415
down €5,415 (-34.3%), from €15,791 to €10,376
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,340 | €266,172 | +€14,833 | +5.9% |
| Fixed assets | 21/28 | €105,680 | €90,309 | -€15,372 | -14.5% |
| Tangible fixed assets | 22/27 | €105,680 | €90,309 | -€15,372 | -14.5% |
| Land and buildings | 22 | €79,040 | €66,880 | -€12,160 | -15.4% |
| Other tangible fixed assets | 26 | €26,640 | €23,429 | -€3,212 | -12.1% |
| Current assets | 29/58 | €145,659 | €175,864 | +€30,205 | +20.7% |
| Amounts receivable within one year | 40/41 | €20,868 | €30,484 | +€9,617 | +46.1% |
| Trade receivables | 40 | €20,853 | €24,586 | +€3,733 | +17.9% |
| Other amounts receivable | 41 | €15 | €5,899 | +€5,884 | +40,026% |
| Cash at bank and in hand | 54/58 | €123,164 | €143,518 | +€20,354 | +16.5% |
| Deferred charges and accrued income | 490/1 | €1,627 | €1,861 | +€234 | +14.4% |
| Total equity and liabilities | 10/49 | €251,340 | €266,172 | +€14,833 | +5.9% |
| Equity | 10/15 | €178,969 | €207,177 | +€28,208 | +15.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €171,157 | €199,157 | +€28,000 | +16.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €169,297 | €197,297 | +€28,000 | +16.5% |
| Profit (loss) carried forward | 14 | €1,612 | €1,820 | +€208 | +12.9% |
| Amounts payable | 17/49 | €72,370 | €58,995 | -€13,375 | -18.5% |
| Amounts payable after more than one year | 17 | €6,849 | - | -€6,849 | |
| Financial debts | 170/4 | €6,849 | - | -€6,849 | |
| Amounts payable within one year | 42/48 | €65,521 | €58,995 | -€6,527 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €8,121 | €6,849 | -€1,272 | -15.7% |
| Trade debts | 44 | €3,602 | €5,103 | +€1,501 | +41.7% |
| Suppliers | 440/4 | €3,602 | €5,103 | +€1,501 | +41.7% |
| Taxes, remuneration and social security | 45 | €30,644 | €25,726 | -€4,918 | -16.0% |
| Taxes | 450/3 | €14,885 | €11,105 | -€3,780 | -25.4% |
| Remuneration and social security | 454/9 | €15,759 | €14,621 | -€1,138 | -7.2% |
| Other amounts payable | 47/48 | €23,155 | €21,317 | -€1,838 | -7.9% |
| Non-recurring operating income | 76A | €2,464 | - | -€2,464 | |
| Remuneration, social security and pensions | 62 | €79,913 | €96,533 | +€16,620 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,474 | €16,515 | +€41 | +0.2% |
| Other operating charges | 640/8 | €2,510 | €2,097 | -€413 | -16.5% |
| Gross operating margin | 9900 | €147,654 | €154,270 | +€6,616 | +4.5% |
| Operating profit (loss) | 9901 | €48,757 | €39,125 | -€9,632 | -19.8% |
| Financial income | 75/76B | €13 | €3 | -€9 | -74.4% |
| Recurring financial income | 75 | €13 | €3 | -€9 | -74.4% |
| Financial charges | 65/66B | €926 | €544 | -€382 | -41.2% |
| Recurring financial charges | 65 | €926 | €544 | -€382 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €47,844 | €38,585 | -€9,260 | -19.4% |
| Income taxes | 67/77 | €15,791 | €10,376 | -€5,415 | -34.3% |
| Profit (loss) for the period | 9904 | €32,053 | €28,208 | -€3,845 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,053 | €28,208 | -€3,845 | -12.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.