Joen's: 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.
Joen's
Largest movements
- Cash +€33,780
up €33,780 (+147%), from €23,035 to €56,815
mainly Net result for the year (+€35,340) and Tax, wage and social debts (+€6,768)
- Receivables within one year +€4,046
up €4,046 (+424%), from €954 to €5,000
of which Trade receivables: +€4,638
- Tangible fixed assets -€1,150
down €1,150 (-29.7%), from €3,877 to €2,727
- Profit (loss) carried forward +€35,340
up €35,340, from -€6,934 to €28,407
- Tax, wage and social debts +€6,768
up €6,768 (+133%), from €5,075 to €11,844
of which Taxes: +€5,987
- Trade debts -€6,207
down €6,207 (-54.1%), from €11,481 to €5,273
- Gross operating margin +€39,129
up €39,129 (+139%), from €28,091 to €67,220
- Staff costs +€8,648
up €8,648 (+60.7%), from €14,237 to €22,885
- Taxes +€3,074
new in 2024: €3,074
- Other operating charges -€2,518
down €2,518 (-40.8%), from €6,177 to €3,658
- Depreciation -€893
down €893 (-39.0%), from €2,294 to €1,400
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.
Derived cash bridge
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 | €29,622 | €65,996 | +€36,374 | +123% |
| Fixed assets | 21/28 | €4,724 | €3,324 | -€1,400 | -29.6% |
| Intangible fixed assets | 21 | €250 | - | -€250 | |
| Tangible fixed assets | 22/27 | €3,877 | €2,727 | -€1,150 | -29.7% |
| Plant, machinery and equipment | 23 | €3,877 | €2,727 | -€1,150 | -29.7% |
| Financial fixed assets | 28 | €597 | €597 | = | 0.0% |
| Current assets | 29/58 | €24,898 | €62,672 | +€37,774 | +152% |
| Stocks and contracts in progress | 3 | €910 | €857 | -€53 | -5.8% |
| Stocks | 30/36 | €910 | €857 | -€53 | -5.8% |
| Amounts receivable within one year | 40/41 | €954 | €5,000 | +€4,046 | +424% |
| Trade receivables | 40 | €363 | €5,000 | +€4,638 | +1,279% |
| Other amounts receivable | 41 | €591 | - | -€591 | |
| Cash at bank and in hand | 54/58 | €23,035 | €56,815 | +€33,780 | +147% |
| Total equity and liabilities | 10/49 | €29,622 | €65,996 | +€36,374 | +123% |
| Equity | 10/15 | €13,066 | €48,407 | +€35,340 | +270% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,934 | €28,407 | +€35,340 | |
| Amounts payable | 17/49 | €16,556 | €17,589 | +€1,033 | +6.2% |
| Amounts payable within one year | 42/48 | €16,556 | €17,589 | +€1,033 | +6.2% |
| Trade debts | 44 | €11,481 | €5,273 | -€6,207 | -54.1% |
| Suppliers | 440/4 | €11,481 | €5,273 | -€6,207 | -54.1% |
| Taxes, remuneration and social security | 45 | €5,075 | €11,844 | +€6,768 | +133% |
| Taxes | 450/3 | €3,685 | €9,672 | +€5,987 | +162% |
| Remuneration and social security | 454/9 | €1,391 | €2,172 | +€781 | +56.2% |
| Other amounts payable | 47/48 | - | €473 | +€473 | |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €14,237 | €22,885 | +€8,648 | +60.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,294 | €1,400 | -€893 | -39.0% |
| Other operating charges | 640/8 | €6,177 | €3,658 | -€2,518 | -40.8% |
| Gross operating margin | 9900 | €28,091 | €67,220 | +€39,129 | +139% |
| Operating profit (loss) | 9901 | €5,384 | €39,276 | +€33,893 | +630% |
| Financial charges | 65/66B | €214 | €862 | +€648 | +303% |
| Recurring financial charges | 65 | €214 | €862 | +€648 | +303% |
| Profit (loss) for the period before taxes | 9903 | €5,170 | €38,414 | +€33,245 | +643% |
| Income taxes | 67/77 | - | €3,074 | +€3,074 | |
| Profit (loss) for the period | 9904 | €5,170 | €35,340 | +€30,171 | +584% |
| Profit (loss) for the period to be appropriated | 9905 | €5,170 | €35,340 | +€30,171 | +584% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.