JOANS: what changed
Two fiscal 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.
JOANS
Largest movements
- Cash -€171,301
down €171,301 (-49.7%), from €344,382 to €173,081
mainly Stocks and contracts (-€158,113) and Trade debts (-€50,841)
- Stocks and contracts +€158,113
up €158,113 (+49.1%), from €322,058 to €480,171
- Receivables within one year +€41,442
up €41,442 (+310.8%), from €13,332 to €54,774
of which Trade receivables: +€39,962
- Profit (loss) carried forward +€77,256
up €77,256 (+37.6%), from €205,373 to €282,628
- Trade debts -€50,841
down €50,841 (-99.7%), from €50,992 to €151
- Tax, wage and social debts -€18,645
down €18,645 (-41.6%), from €44,870 to €26,225
- Advances received +€18,236
up €18,236 (+378.4%), from €4,820 to €23,055
- Financial charges +€4,052
up €4,052 (+120.2%), from €3,370 to €7,423
- Other operating charges +€2,331
up €2,331 (+466.7%), from €499 to €2,830
- Taxes -€1,655
down €1,655 (-5.9%), from €27,880 to €26,225
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.
Cash bridge derived
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 | €680,694 | €711,382 | +€30,689 | +4.5% |
| Current assets | 29/58 | €680,694 | €711,382 | +€30,689 | +4.5% |
| Stocks and contracts in progress | 3 | €322,058 | €480,171 | +€158,113 | +49.1% |
| Stocks | 30/36 | €322,058 | €480,171 | +€158,113 | +49.1% |
| Amounts receivable within one year | 40/41 | €13,332 | €54,774 | +€41,442 | +310.8% |
| Trade receivables | 40 | €7,852 | €47,814 | +€39,962 | +509.0% |
| Other amounts receivable | 41 | €5,480 | €6,960 | +€1,480 | +27.0% |
| Cash at bank and in hand | 54/58 | €344,382 | €173,081 | -€171,301 | -49.7% |
| Deferred charges and accrued income | 490/1 | €921 | €3,355 | +€2,434 | +264.2% |
| Total equity and liabilities | 10/49 | €680,694 | €711,382 | +€30,689 | +4.5% |
| Equity | 10/15 | €230,373 | €307,628 | +€77,256 | +33.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,373 | €282,628 | +€77,256 | +37.6% |
| Amounts payable | 17/49 | €450,321 | €403,754 | -€46,567 | -10.3% |
| Amounts payable within one year | 42/48 | €450,321 | €403,754 | -€46,567 | -10.3% |
| Trade debts | 44 | €50,992 | €151 | -€50,841 | -99.7% |
| Suppliers | 440/4 | €50,992 | €151 | -€50,841 | -99.7% |
| Advances received on contracts in progress | 46 | €4,820 | €23,055 | +€18,236 | +378.4% |
| Taxes, remuneration and social security | 45 | €44,870 | €26,225 | -€18,645 | -41.6% |
| Taxes | 450/3 | €44,870 | €26,225 | -€18,645 | -41.6% |
| Other amounts payable | 47/48 | €349,640 | €354,323 | +€4,683 | +1.3% |
| Other operating charges | 640/8 | €499 | €2,830 | +€2,331 | +466.7% |
| Gross operating margin | 9900 | €114,578 | €113,731 | -€847 | -0.7% |
| Operating profit (loss) | 9901 | €114,078 | €110,901 | -€3,177 | -2.8% |
| Financial income | 75/76B | €0 | €2 | +€2 | +829.2% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +829.2% |
| Financial charges | 65/66B | €3,370 | €7,423 | +€4,052 | +120.2% |
| Recurring financial charges | 65 | €3,370 | €7,423 | +€4,052 | +120.2% |
| Profit (loss) for the period before taxes | 9903 | €110,708 | €103,480 | -€7,228 | -6.5% |
| Income taxes | 67/77 | €27,880 | €26,225 | -€1,655 | -5.9% |
| Profit (loss) for the period | 9904 | €82,828 | €77,256 | -€5,572 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €82,828 | €77,256 | -€5,572 | -6.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.