JOCHEN CONSTANT: 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.
JOCHEN CONSTANT
Largest movements
- Cash +€39,199
up €39,199 (+394.9%), from €9,926 to €49,125
mainly Receivables within one year (+€23,599) and Net result for the year (+€18,301)
- Receivables within one year -€23,599
down €23,599 (-83.5%), from €28,253 to €4,654
of which Trade receivables: -€16,614
- Tangible fixed assets -€3,758
down €3,758 (-6.1%), from €61,981 to €58,223
of which Furniture and vehicles: -€12,349
- Reserves +€18,200
up €18,200 (+106.4%), from €17,100 to €35,300
- Trade debts -€8,550
down €8,550 (-51.4%), from €16,643 to €8,093
- Debts after one year -€7,450
down €7,450 (-22.7%), from €32,830 to €25,380
- Other debts +€6,788
up €6,788 (+145.1%), from €4,678 to €11,466
- Tax, wage and social debts +€2,716
up €2,716 (+108.0%), from €2,516 to €5,232
- Gross operating margin +€25,566
up €25,566 (+141.1%), from €18,116 to €43,682
- Depreciation +€11,022
up €11,022 (+218.2%), from €5,051 to €16,073
- Taxes +€4,549
up €4,549 (+180.8%), from €2,516 to €7,065
- Financial charges +€844
up €844 (+359.9%), from €234 to €1,078
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,160 | €112,002 | +€11,841 | +11.8% |
| Fixed assets | 21/28 | €61,981 | €58,223 | -€3,758 | -6.1% |
| Tangible fixed assets | 22/27 | €61,981 | €58,223 | -€3,758 | -6.1% |
| Plant, machinery and equipment | 23 | €9,543 | €18,133 | +€8,591 | +90.0% |
| Furniture and vehicles | 24 | €52,438 | €40,089 | -€12,349 | -23.5% |
| Current assets | 29/58 | €38,179 | €53,779 | +€15,600 | +40.9% |
| Amounts receivable within one year | 40/41 | €28,253 | €4,654 | -€23,599 | -83.5% |
| Trade receivables | 40 | €18,118 | €1,504 | -€16,614 | -91.7% |
| Other amounts receivable | 41 | €10,135 | €3,150 | -€6,985 | -68.9% |
| Cash at bank and in hand | 54/58 | €9,926 | €49,125 | +€39,199 | +394.9% |
| Total equity and liabilities | 10/49 | €100,160 | €112,002 | +€11,841 | +11.8% |
| Equity | 10/15 | €36,079 | €54,381 | +€18,301 | +50.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €17,100 | €35,300 | +€18,200 | +106.4% |
| Distributable reserves | 133 | €17,100 | €35,300 | +€18,200 | +106.4% |
| Profit (loss) carried forward | 14 | €429 | €531 | +€101 | +23.6% |
| Amounts payable | 17/49 | €64,081 | €57,621 | -€6,460 | -10.1% |
| Amounts payable after more than one year | 17 | €32,830 | €25,380 | -€7,450 | -22.7% |
| Financial debts | 170/4 | €32,830 | €25,380 | -€7,450 | -22.7% |
| Amounts payable within one year | 42/48 | €31,251 | €32,241 | +€990 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €7,414 | €7,450 | +€36 | +0.5% |
| Trade debts | 44 | €16,643 | €8,093 | -€8,550 | -51.4% |
| Suppliers | 440/4 | €16,643 | €8,093 | -€8,550 | -51.4% |
| Taxes, remuneration and social security | 45 | €2,516 | €5,232 | +€2,716 | +108.0% |
| Taxes | 450/3 | €2,516 | €5,232 | +€2,716 | +108.0% |
| Other amounts payable | 47/48 | €4,678 | €11,466 | +€6,788 | +145.1% |
| Remuneration, social security and pensions | 62 | €301 | €301 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,051 | €16,073 | +€11,022 | +218.2% |
| Other operating charges | 640/8 | €865 | €990 | +€125 | +14.5% |
| Gross operating margin | 9900 | €18,116 | €43,682 | +€25,566 | +141.1% |
| Operating profit (loss) | 9901 | €11,899 | €26,318 | +€14,419 | +121.2% |
| Financial income | 75/76B | €0 | €127 | +€127 | +1274000.0% |
| Recurring financial income | 75 | €0 | €127 | +€127 | +1274000.0% |
| Financial charges | 65/66B | €234 | €1,078 | +€844 | +359.9% |
| Recurring financial charges | 65 | €234 | €1,078 | +€844 | +359.9% |
| Profit (loss) for the period before taxes | 9903 | €11,665 | €25,367 | +€13,702 | +117.5% |
| Income taxes | 67/77 | €2,516 | €7,065 | +€4,549 | +180.8% |
| Profit (loss) for the period | 9904 | €9,149 | €18,301 | +€9,153 | +100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,149 | €18,301 | +€9,153 | +100.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.