JoeWie: 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.
JoeWie
Largest movements
- Receivables within one year +€43,296
up €43,296 (+175.1%), from €24,732 to €68,028
of which Other amounts receivable: +€45,018
- Tangible fixed assets -€4,909
down €4,909 (-2.8%), from €173,827 to €168,918
- Profit (loss) carried forward +€30,732
up €30,732, from -€30,732 to €0
- Other debts +€9,710
up €9,710 (+14.5%), from €66,960 to €76,670
- Debts after one year -€8,473
down €8,473 (-5.9%), from €142,870 to €134,397
- Gross operating margin +€20,359
up €20,359 (+73.1%), from €27,844 to €48,203
- Taxes +€1,806
new in 2025: €1,806
- Financial charges -€1,623
down €1,623 (-19.4%), from €8,360 to €6,736
- Other operating charges +€537
up €537 (+48.6%), from €1,107 to €1,644
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 | €206,323 | €242,679 | +€36,356 | +17.6% |
| Fixed assets | 21/28 | €173,827 | €168,918 | -€4,909 | -2.8% |
| Tangible fixed assets | 22/27 | €173,827 | €168,918 | -€4,909 | -2.8% |
| Land and buildings | 22 | €173,827 | €168,918 | -€4,909 | -2.8% |
| Current assets | 29/58 | €32,496 | €73,761 | +€41,265 | +127.0% |
| Amounts receivable within one year | 40/41 | €24,732 | €68,028 | +€43,296 | +175.1% |
| Trade receivables | 40 | €1,722 | €0 | -€1,722 | -100.0% |
| Other amounts receivable | 41 | €23,010 | €68,028 | +€45,018 | +195.6% |
| Cash at bank and in hand | 54/58 | €7,764 | €5,734 | -€2,030 | -26.1% |
| Total equity and liabilities | 10/49 | €206,323 | €242,679 | +€36,356 | +17.6% |
| Equity | 10/15 | -€16,472 | €16,635 | +€33,107 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €4,235 | +€2,375 | +127.7% |
| Distributable reserves | 133 | €1,860 | €4,235 | +€2,375 | +127.7% |
| Profit (loss) carried forward | 14 | -€30,732 | €0 | +€30,732 | |
| Amounts payable | 17/49 | €222,794 | €226,044 | +€3,249 | +1.5% |
| Amounts payable after more than one year | 17 | €142,870 | €134,397 | -€8,473 | -5.9% |
| Financial debts | 170/4 | €142,870 | €134,397 | -€8,473 | -5.9% |
| Amounts payable within one year | 42/48 | €76,525 | €89,147 | +€12,622 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €8,109 | €8,473 | +€364 | +4.5% |
| Trade debts | 44 | €1,456 | €2,198 | +€742 | +51.0% |
| Suppliers | 440/4 | €1,456 | €2,198 | +€742 | +51.0% |
| Taxes, remuneration and social security | 45 | - | €1,806 | +€1,806 | |
| Taxes | 450/3 | - | €1,806 | +€1,806 | |
| Other amounts payable | 47/48 | €66,960 | €76,670 | +€9,710 | +14.5% |
| Accrued charges and deferred income | 492/3 | €3,400 | €2,500 | -€900 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,909 | €4,909 | = | 0.0% |
| Other operating charges | 640/8 | €1,107 | €1,644 | +€537 | +48.6% |
| Gross operating margin | 9900 | €27,844 | €48,203 | +€20,359 | +73.1% |
| Operating profit (loss) | 9901 | €21,829 | €41,650 | +€19,821 | +90.8% |
| Financial charges | 65/66B | €8,360 | €6,736 | -€1,623 | -19.4% |
| Recurring financial charges | 65 | €8,360 | €6,736 | -€1,623 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €13,469 | €34,914 | +€21,445 | +159.2% |
| Income taxes | 67/77 | - | €1,806 | +€1,806 | |
| Profit (loss) for the period | 9904 | €13,469 | €33,107 | +€19,638 | +145.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,469 | €33,107 | +€19,638 | +145.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.