JOOS STEVEN: 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.
JOOS STEVEN
Largest movements
- Tangible fixed assets -€31,566
down €31,566 (-31.6%), from €100,043 to €68,478
of which Furniture and vehicles: -€21,288
- Cash +€15,064
up €15,064 (+39.4%), from €38,221 to €53,285
mainly Depreciation (+€31,566) and Trade debts (+€5,369)
- Profit (loss) carried forward -€8,990
new in 2025: -€8,990
- Debts after one year -€7,470
down €7,470 (-47.5%), from €15,730 to €8,260
- Trade debts +€5,369
up €5,369 (+98.1%), from €5,475 to €10,845
- Current portion of long-term debt -€3,165
down €3,165 (-29.8%), from €10,635 to €7,470
- Gross operating margin -€33,688
down €33,688 (-56.2%), from €59,962 to €26,274
- Taxes -€5,109
down €5,109 (-100.0%), from €5,109 to €0
- Financial charges -€3,666
down €3,666 (-78.0%), from €4,700 to €1,033
- Staff costs -€1,533
down €1,533 (-65.0%), from €2,358 to €825
- Other operating charges +€1,047
up €1,047 (+91.4%), from €1,145 to €2,192
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.
Derived cash bridge
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 | €183,852 | €168,667 | -€15,185 | -8.3% |
| Fixed assets | 21/28 | €100,043 | €68,478 | -€31,566 | -31.6% |
| Tangible fixed assets | 22/27 | €100,043 | €68,478 | -€31,566 | -31.6% |
| Land and buildings | 22 | €15,226 | €13,672 | -€1,554 | -10.2% |
| Plant, machinery and equipment | 23 | €23,025 | €14,301 | -€8,724 | -37.9% |
| Furniture and vehicles | 24 | €61,792 | €40,504 | -€21,288 | -34.5% |
| Current assets | 29/58 | €83,809 | €100,190 | +€16,381 | +19.5% |
| Stocks and contracts in progress | 3 | €31,781 | €30,300 | -€1,481 | -4.7% |
| Stocks | 30/36 | €17,031 | €16,450 | -€581 | -3.4% |
| Contracts in progress | 37 | €14,750 | €13,850 | -€900 | -6.1% |
| Amounts receivable within one year | 40/41 | €12,061 | €13,779 | +€1,718 | +14.2% |
| Trade receivables | 40 | €2,818 | €2,852 | +€35 | +1.2% |
| Other amounts receivable | 41 | €9,243 | €10,926 | +€1,683 | +18.2% |
| Cash at bank and in hand | 54/58 | €38,221 | €53,285 | +€15,064 | +39.4% |
| Deferred charges and accrued income | 490/1 | €1,746 | €2,826 | +€1,079 | +61.8% |
| Total equity and liabilities | 10/49 | €183,852 | €168,667 | -€15,185 | -8.3% |
| Equity | 10/15 | €110,817 | €101,827 | -€8,990 | -8.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Contributions outside capital | 11 | €500 | - | -€500 | |
| Other | 1109/19 | €500 | - | -€500 | |
| Reserves | 13 | €110,317 | €110,317 | = | 0.0% |
| Non-distributable reserves | 130/1 | €55,909 | €0 | -€55,909 | -100% |
| Reserves not available under the articles | 1311 | €55,909 | €0 | -€55,909 | -100% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €35,658 | €91,567 | +€55,909 | +157% |
| Profit (loss) carried forward | 14 | - | -€8,990 | -€8,990 | |
| Amounts payable | 17/49 | €73,035 | €66,840 | -€6,195 | -8.5% |
| Amounts payable after more than one year | 17 | €15,730 | €8,260 | -€7,470 | -47.5% |
| Financial debts | 170/4 | €15,730 | €8,260 | -€7,470 | -47.5% |
| Amounts payable within one year | 42/48 | €57,305 | €58,580 | +€1,275 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €10,635 | €7,470 | -€3,165 | -29.8% |
| Trade debts | 44 | €5,475 | €10,845 | +€5,369 | +98.1% |
| Suppliers | 440/4 | €5,475 | €10,845 | +€5,369 | +98.1% |
| Taxes, remuneration and social security | 45 | €1,012 | €0 | -€1,012 | -100% |
| Taxes | 450/3 | €1,012 | €0 | -€1,012 | -100% |
| Other amounts payable | 47/48 | €40,182 | €40,265 | +€83 | +0.2% |
| Remuneration, social security and pensions | 62 | €2,358 | €825 | -€1,533 | -65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,657 | €31,566 | -€91 | -0.3% |
| Other operating charges | 640/8 | €1,145 | €2,192 | +€1,047 | +91.4% |
| Gross operating margin | 9900 | €59,962 | €26,274 | -€33,688 | -56.2% |
| Operating profit (loss) | 9901 | €24,801 | -€8,308 | -€33,109 | |
| Financial income | 75/76B | €608 | €352 | -€256 | -42.2% |
| Recurring financial income | 75 | €608 | €352 | -€256 | -42.2% |
| Financial charges | 65/66B | €4,700 | €1,033 | -€3,666 | -78.0% |
| Recurring financial charges | 65 | €4,700 | €1,033 | -€3,666 | -78.0% |
| Profit (loss) for the period before taxes | 9903 | €20,709 | -€8,990 | -€29,699 | |
| Income taxes | 67/77 | €5,109 | €0 | -€5,109 | -100.0% |
| Profit (loss) for the period | 9904 | €15,600 | -€8,990 | -€24,590 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,600 | -€8,990 | -€24,590 |
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 26 October 2026 via checked.be.