Gin Joint: 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.
Gin Joint
Largest movements
- Tangible fixed assets +€21,519
up €21,519 (+831%), from €2,590 to €24,109
of which Furniture and vehicles: +€21,358
- Receivables after one year -€21,324
down €21,324 (-23.6%), from €90,169 to €68,845
- Cash -€6,266
down €6,266 (-59.2%), from €10,583 to €4,317
mainly Investment in fixed assets (net) (-€25,148) and Contributions, distributions and other (-€14,750)
- Accrued charges and deferred income -€14,000
no longer reported in 2025 (was €14,000)
- Debts after one year -€13,845
down €13,845 (-49.5%), from €27,972 to €14,127
- Reserves +€13,675
up €13,675 (+91.6%), from €14,928 to €28,604
of which Distributable reserves: +€13,675
- Trade debts +€7,231
up €7,231 (+383%), from €1,887 to €9,118
- Tax, wage and social debts +€3,723
up €3,723 (+35.9%), from €10,360 to €14,083
- Gross operating margin +€25,664
up €25,664 (+140%), from €18,334 to €43,998
- Taxes +€5,649
up €5,649 (+95.3%), from €5,928 to €11,576
- Depreciation +€2,907
up €2,907 (+403%), from €721 to €3,628
- Other operating charges -€534
down €534 (-29.1%), from €1,836 to €1,301
- Financial income -€520
down €520 (-23.6%), from €2,199 to €1,679
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 | €103,498 | €97,755 | -€5,743 | -5.5% |
| Fixed assets | 21/28 | €2,590 | €24,109 | +€21,519 | +831% |
| Tangible fixed assets | 22/27 | €2,590 | €24,109 | +€21,519 | +831% |
| Plant, machinery and equipment | 23 | €1,675 | €2,005 | +€330 | +19.7% |
| Furniture and vehicles | 24 | - | €21,358 | +€21,358 | |
| Other tangible fixed assets | 26 | €915 | €746 | -€169 | -18.5% |
| Current assets | 29/58 | €100,908 | €73,646 | -€27,262 | -27.0% |
| Amounts receivable after more than one year | 29 | €90,169 | €68,845 | -€21,324 | -23.6% |
| Other amounts receivable | 291 | €90,169 | €68,845 | -€21,324 | -23.6% |
| Amounts receivable within one year | 40/41 | €64 | - | -€64 | |
| Other amounts receivable | 41 | €64 | - | -€64 | |
| Cash at bank and in hand | 54/58 | €10,583 | €4,317 | -€6,266 | -59.2% |
| Deferred charges and accrued income | 490/1 | €92 | €484 | +€392 | +427% |
| Total equity and liabilities | 10/49 | €103,498 | €97,755 | -€5,743 | -5.5% |
| Equity | 10/15 | €34,928 | €48,604 | +€13,675 | +39.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €14,928 | €28,604 | +€13,675 | +91.6% |
| Non-distributable reserves | 130/1 | €172 | €172 | = | 0.0% |
| Reserves not available under the articles | 1311 | €172 | €172 | = | 0.0% |
| Distributable reserves | 133 | €14,756 | €28,431 | +€13,675 | +92.7% |
| Amounts payable | 17/49 | €68,570 | €49,152 | -€19,418 | -28.3% |
| Amounts payable after more than one year | 17 | €27,972 | €14,127 | -€13,845 | -49.5% |
| Financial debts | 170/4 | €27,972 | €14,127 | -€13,845 | -49.5% |
| Amounts payable within one year | 42/48 | €26,598 | €35,024 | +€8,427 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €14,351 | €11,823 | -€2,527 | -17.6% |
| Trade debts | 44 | €1,887 | €9,118 | +€7,231 | +383% |
| Suppliers | 440/4 | €1,887 | €9,118 | +€7,231 | +383% |
| Taxes, remuneration and social security | 45 | €10,360 | €14,083 | +€3,723 | +35.9% |
| Taxes | 450/3 | €10,360 | €14,083 | +€3,723 | +35.9% |
| Accrued charges and deferred income | 492/3 | €14,000 | - | -€14,000 | |
| Non-recurring operating income | 76A | €3 | - | -€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €721 | €3,628 | +€2,907 | +403% |
| Other operating charges | 640/8 | €1,836 | €1,301 | -€534 | -29.1% |
| Gross operating margin | 9900 | €18,334 | €43,998 | +€25,664 | +140% |
| Operating profit (loss) | 9901 | €15,777 | €39,068 | +€23,291 | +148% |
| Financial income | 75/76B | €2,199 | €1,679 | -€520 | -23.6% |
| Recurring financial income | 75 | €2,199 | €1,679 | -€520 | -23.6% |
| Financial charges | 65/66B | €1,160 | €746 | -€414 | -35.7% |
| Recurring financial charges | 65 | €1,160 | €746 | -€414 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €16,816 | €40,002 | +€23,185 | +138% |
| Income taxes | 67/77 | €5,928 | €11,576 | +€5,649 | +95.3% |
| Profit (loss) for the period | 9904 | €10,889 | €28,425 | +€17,537 | +161% |
| Profit (loss) for the period to be appropriated | 9905 | €10,889 | €28,425 | +€17,537 | +161% |
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 19 October 2026 via checked.be.