JOINE DAMIEN: what changed
JOINE DAMIEN
Largest movements
- Cash +€89,942
up €89,942 (+459%), from €19,578 to €109,521
mainly Other debts (+€103,371) and Net result for the year (+€75,603)
- Tangible fixed assets +€25,400
up €25,400 (+177%), from €14,380 to €39,780
- Receivables within one year -€10,531
down €10,531 (-80.7%), from €13,056 to €2,525
of which Trade receivables: -€5,949
- Stocks and contracts +€2,018
up €2,018 (+376%), from €537 to €2,556
- Other debts +€103,371
up €103,371 (+315,926%), from €33 to €103,404
- Profit (loss) carried forward -€46,010
no longer reported in 2025 (was €46,010)
- Debts after one year +€17,757
up €17,757 (+419%), from €4,238 to €21,995
- Tax, wage and social debts +€15,364
up €15,364 (+439%), from €3,503 to €18,866
of which Taxes: +€14,739
- Trade debts +€11,021
up €11,021 (+5,441%), from €203 to €11,224
- Gross operating margin +€50,837
up €50,837 (+101%), from €50,380 to €101,217
- Taxes +€10,739
up €10,739 (+124%), from €8,645 to €19,383
- Depreciation -€2,764
down €2,764 (-41.9%), from €6,603 to €3,839
- Staff costs +€1,793
new in 2025: €1,793
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,004 | €166,985 | +€106,980 | +178% |
| Fixed assets | 21/28 | €14,380 | €39,990 | +€25,610 | +178% |
| Tangible fixed assets | 22/27 | €14,380 | €39,780 | +€25,400 | +177% |
| Furniture and vehicles | 24 | €14,380 | €39,780 | +€25,400 | +177% |
| Financial fixed assets | 28 | - | €210 | +€210 | |
| Current assets | 29/58 | €45,625 | €126,995 | +€81,371 | +178% |
| Stocks and contracts in progress | 3 | €537 | €2,556 | +€2,018 | +376% |
| Stocks | 30/36 | €537 | €2,556 | +€2,018 | +376% |
| Amounts receivable within one year | 40/41 | €13,056 | €2,525 | -€10,531 | -80.7% |
| Trade receivables | 40 | €6,789 | €840 | -€5,949 | -87.6% |
| Other amounts receivable | 41 | €6,268 | €1,685 | -€4,582 | -73.1% |
| Cash at bank and in hand | 54/58 | €19,578 | €109,521 | +€89,942 | +459% |
| Deferred charges and accrued income | 490/1 | €12,452 | €12,394 | -€59 | -0.5% |
| Total equity and liabilities | 10/49 | €60,004 | €166,985 | +€106,980 | +178% |
| Equity | 10/15 | €49,010 | €3,000 | -€46,010 | -93.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Share premium | 1100/10 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,010 | - | -€46,010 | |
| Amounts payable | 17/49 | €10,995 | €163,985 | +€152,990 | +1,391% |
| Amounts payable after more than one year | 17 | €4,238 | €21,995 | +€17,757 | +419% |
| Financial debts | 170/4 | €4,238 | €21,995 | +€17,757 | +419% |
| Amounts payable within one year | 42/48 | €6,756 | €141,990 | +€135,233 | +2,002% |
| Current portion of amounts payable after more than one year | 42 | €3,019 | €8,496 | +€5,478 | +181% |
| Trade debts | 44 | €203 | €11,224 | +€11,021 | +5,441% |
| Suppliers | 440/4 | €203 | €11,224 | +€11,021 | +5,441% |
| Taxes, remuneration and social security | 45 | €3,503 | €18,866 | +€15,364 | +439% |
| Taxes | 450/3 | €3,503 | €18,242 | +€14,739 | +421% |
| Remuneration and social security | 454/9 | - | €624 | +€624 | |
| Other amounts payable | 47/48 | €33 | €103,404 | +€103,371 | +315,926% |
| Non-recurring operating income | 76A | €6,285 | €2,933 | -€3,352 | -53.3% |
| Remuneration, social security and pensions | 62 | - | €1,793 | +€1,793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,603 | €3,839 | -€2,764 | -41.9% |
| Gross operating margin | 9900 | €50,380 | €101,217 | +€50,837 | +101% |
| Operating profit (loss) | 9901 | €43,777 | €95,585 | +€51,808 | +118% |
| Financial income | 75/76B | €0 | €0 | +€0 | +933% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +933% |
| Financial charges | 65/66B | €555 | €599 | +€44 | +8.0% |
| Recurring financial charges | 65 | €555 | €599 | +€44 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €43,222 | €94,986 | +€51,764 | +120% |
| Income taxes | 67/77 | €8,645 | €19,383 | +€10,739 | +124% |
| Profit (loss) for the period | 9904 | €34,578 | €75,603 | +€41,026 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €34,578 | €75,603 | +€41,026 | +119% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.