JOENN: 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.
JOENN
Largest movements
- Tangible fixed assets +€12,209
up €12,209 (+1405.6%), from €869 to €13,078
of which Other tangible fixed assets: +€11,000
- Cash +€11,012
up €11,012 (+58.9%), from €18,688 to €29,700
mainly Net result for the year (+€20,247) and Tax, wage and social debts (+€2,665)
- Receivables within one year +€3,164
up €3,164 (+31.4%), from €10,064 to €13,229
- Deferred charges and accrued income -€1,142
down €1,142 (-66.7%), from €1,712 to €571
- Reserves +€19,414
up €19,414 (+171.7%), from €11,305 to €30,719
- Tax, wage and social debts +€2,665
up €2,665 (+14.3%), from €18,693 to €21,358
of which Taxes: +€2,665
- Accrued charges and deferred income +€1,662
up €1,662, from €0 to €1,662
- Trade debts +€935
up €935 (+394.4%), from €237 to €1,172
- Gross operating margin +€21,722
up €21,722 (+265.9%), from €8,169 to €29,890
- Taxes +€4,483
up €4,483 (+240.2%), from €1,866 to €6,350
- Other operating charges -€1,120
down €1,120 (-56.4%), from €1,986 to €866
- Financial charges -€433
down €433 (-24.4%), from €1,774 to €1,342
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 | €33,958 | €59,202 | +€25,244 | +74.3% |
| Fixed assets | 21/28 | €3,494 | €15,703 | +€12,209 | +349.5% |
| Tangible fixed assets | 22/27 | €869 | €13,078 | +€12,209 | +1405.6% |
| Furniture and vehicles | 24 | €869 | €2,078 | +€1,209 | +139.2% |
| Other tangible fixed assets | 26 | - | €11,000 | +€11,000 | |
| Financial fixed assets | 28 | €2,625 | €2,625 | = | 0.0% |
| Current assets | 29/58 | €30,464 | €43,499 | +€13,035 | +42.8% |
| Amounts receivable within one year | 40/41 | €10,064 | €13,229 | +€3,164 | +31.4% |
| Trade receivables | 40 | €10,064 | €13,229 | +€3,164 | +31.4% |
| Cash at bank and in hand | 54/58 | €18,688 | €29,700 | +€11,012 | +58.9% |
| Deferred charges and accrued income | 490/1 | €1,712 | €571 | -€1,142 | -66.7% |
| Total equity and liabilities | 10/49 | €33,958 | €59,202 | +€25,244 | +74.3% |
| Equity | 10/15 | €11,405 | €30,819 | +€19,414 | +170.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €11,305 | €30,719 | +€19,414 | +171.7% |
| Distributable reserves | 133 | €11,305 | €30,719 | +€19,414 | +171.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,553 | €28,383 | +€5,830 | +25.9% |
| Amounts payable within one year | 42/48 | €22,553 | €26,721 | +€4,168 | +18.5% |
| Trade debts | 44 | €237 | €1,172 | +€935 | +394.4% |
| Suppliers | 440/4 | €237 | €1,172 | +€935 | +394.4% |
| Taxes, remuneration and social security | 45 | €18,693 | €21,358 | +€2,665 | +14.3% |
| Taxes | 450/3 | €16,693 | €19,358 | +€2,665 | +16.0% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €3,623 | €4,191 | +€568 | +15.7% |
| Accrued charges and deferred income | 492/3 | €0 | €1,662 | +€1,662 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €836 | €1,086 | +€250 | +30.0% |
| Other operating charges | 640/8 | €1,986 | €866 | -€1,120 | -56.4% |
| Gross operating margin | 9900 | €8,169 | €29,890 | +€21,722 | +265.9% |
| Operating profit (loss) | 9901 | €5,346 | €27,938 | +€22,592 | +422.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,774 | €1,342 | -€433 | -24.4% |
| Recurring financial charges | 65 | €1,774 | €1,342 | -€433 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €3,572 | €26,597 | +€23,024 | +644.5% |
| Income taxes | 67/77 | €1,866 | €6,350 | +€4,483 | +240.2% |
| Profit (loss) for the period | 9904 | €1,706 | €20,247 | +€18,541 | +1086.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,706 | €20,247 | +€18,541 | +1086.8% |
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 9 October 2026 via checked.be.