JOAN: what changed
What changed
JOAN
NACE 56.111, Full-service restaurants
filed annual accounts (NBB)
Net result for the year
€11,836
2024 · €4,255+€7,582
Equity
€50,983
2024 · €52,147-€1,164
Cash
€18,669
2024 · €24,139-€5,469
Balance sheet total
€132,171
2024 · €152,127-€19,956
Largest movements
Assets
- Tangible fixed assets -€15,376
down €15,376 (-16.0%), from €96,360 to €80,984
- Cash -€5,469
down €5,469 (-22.7%), from €24,139 to €18,669
mainly Contributions, distributions and other (-€13,000) and Investment in fixed assets (net) (-€10,604)
- Receivables within one year +€5,029
up €5,029 (+49.3%), from €10,200 to €15,228
of which Trade receivables: +€6,195
- Deferred charges and accrued income -€2,524
down €2,524 (-49.8%), from €5,071 to €2,547
Equity and liabilities
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Trade debts -€8,581
down €8,581 (-19.3%), from €44,448 to €35,866
Income statement
- Gross operating margin +€38,338
up €38,338 (+14.4%), from €265,728 to €304,066
- Staff costs +€24,351
up €24,351 (+10.1%), from €240,868 to €265,218
- Taxes +€3,890
up €3,890 (+386%), from €1,008 to €4,899
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.
Result 2024
€4,255
Gross operating margin
+€38,338
Staff costs
-€24,351
Depreciation
-€2,913
Other operating charges
-€460
Other operating items
+€133
Financial income
+€917
Financial charges
-€193
Taxes
-€3,890
Result 2025
€11,836
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€18,135
Investment
-€10,604
Financing
-€13,000
Cash 2024
€24,139
From operations (derived)
+€18,135
Net result for the year
+€11,836
Depreciation
+€26,180
Stocks and contracts
+€1,416
Receivables within one year
-€5,029
Deferred charges and accrued income
+€2,524
Trade debts
-€8,581
Tax, wage and social debts
-€211
Other debts
-€10,000
Investment (derived)
-€10,604
Investment in fixed assets (net)
-€10,604
Financing
-€13,000
Contributions, distributions and other
-€13,000
Cash 2025
€18,669
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €152,127 | €132,171 | -€19,956 | -13.1% |
| Fixed assets | 21/28 | €103,944 | €88,368 | -€15,576 | -15.0% |
| Intangible fixed assets | 21 | €533 | €333 | -€200 | -37.5% |
| Tangible fixed assets | 22/27 | €96,360 | €80,984 | -€15,376 | -16.0% |
| Plant, machinery and equipment | 23 | €42,139 | €38,367 | -€3,772 | -9.0% |
| Furniture and vehicles | 24 | €12,377 | €6,671 | -€5,707 | -46.1% |
| Other tangible fixed assets | 26 | €41,845 | €35,947 | -€5,898 | -14.1% |
| Financial fixed assets | 28 | €7,050 | €7,050 | = | 0.0% |
| Current assets | 29/58 | €48,183 | €43,803 | -€4,380 | -9.1% |
| Stocks and contracts in progress | 3 | €8,774 | €7,358 | -€1,416 | -16.1% |
| Stocks | 30/36 | €8,774 | €7,358 | -€1,416 | -16.1% |
| Amounts receivable within one year | 40/41 | €10,200 | €15,228 | +€5,029 | +49.3% |
| Trade receivables | 40 | €1,078 | €7,274 | +€6,195 | +575% |
| Other amounts receivable | 41 | €9,121 | €7,954 | -€1,167 | -12.8% |
| Cash at bank and in hand | 54/58 | €24,139 | €18,669 | -€5,469 | -22.7% |
| Deferred charges and accrued income | 490/1 | €5,071 | €2,547 | -€2,524 | -49.8% |
| Total equity and liabilities | 10/49 | €152,127 | €132,171 | -€19,956 | -13.1% |
| Equity | 10/15 | €52,147 | €50,983 | -€1,164 | -2.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €49,147 | €47,983 | -€1,164 | -2.4% |
| Distributable reserves | 133 | €49,147 | €47,983 | -€1,164 | -2.4% |
| Amounts payable | 17/49 | €99,980 | €81,187 | -€18,793 | -18.8% |
| Amounts payable within one year | 42/48 | €99,980 | €81,187 | -€18,793 | -18.8% |
| Trade debts | 44 | €44,448 | €35,866 | -€8,581 | -19.3% |
| Suppliers | 440/4 | €44,448 | €35,866 | -€8,581 | -19.3% |
| Taxes, remuneration and social security | 45 | €45,532 | €45,321 | -€211 | -0.5% |
| Taxes | 450/3 | €21,166 | €18,787 | -€2,379 | -11.2% |
| Remuneration and social security | 454/9 | €24,366 | €26,534 | +€2,167 | +8.9% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Remuneration, social security and pensions | 62 | €240,868 | €265,218 | +€24,351 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,268 | €26,180 | +€2,913 | +12.5% |
| Other operating charges | 640/8 | €525 | €985 | +€460 | +87.6% |
| Non-recurring operating charges | 66A | €133 | - | -€133 | |
| Gross operating margin | 9900 | €265,728 | €304,066 | +€38,338 | +14.4% |
| Operating profit (loss) | 9901 | €934 | €11,683 | +€10,748 | +1,150% |
| Financial income | 75/76B | €10,647 | €11,564 | +€917 | +8.6% |
| Recurring financial income | 75 | €10,647 | €11,564 | +€917 | +8.6% |
| Financial charges | 65/66B | €6,318 | €6,511 | +€193 | +3.1% |
| Recurring financial charges | 65 | €6,318 | €6,511 | +€193 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €5,263 | €16,735 | +€11,472 | +218% |
| Income taxes | 67/77 | €1,008 | €4,899 | +€3,890 | +386% |
| Profit (loss) for the period | 9904 | €4,255 | €11,836 | +€7,582 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €4,255 | €11,836 | +€7,582 | +178% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.