JOOSENS: what changed
What changed
JOOSENS
NACE 10.712, Artisanal bread and fresh pastry making
filed annual accounts (NBB)
Net result for the year
€56,753
2024 · €41,208+€15,545
Equity
€238,944
2024 · €182,437+€56,507
Cash
€65,294
2024 · €104,576-€39,282
Balance sheet total
€472,129
2024 · €485,189-€13,060
Largest movements
Assets
- Cash -€39,282
down €39,282 (-37.6%), from €104,576 to €65,294
mainly Trade debts (-€45,451) and Investment in fixed assets (net) (-€34,005)
- Receivables within one year +€26,780
up €26,780 (+15.3%), from €174,955 to €201,735
of which Trade receivables: +€33,158
Equity and liabilities
- Reserves +€59,807
up €59,807 (+38.8%), from €154,037 to €213,844
of which Distributable reserves: +€59,807
- Trade debts -€45,451
down €45,451 (-38.2%), from €118,882 to €73,431
- Other debts -€23,530
down €23,530 (-52.6%), from €44,708 to €21,178
Income statement
- Gross operating margin +€42,073
up €42,073 (+18.0%), from €233,824 to €275,897
- Staff costs +€33,644
up €33,644 (+29.4%), from €114,477 to €148,121
- Depreciation -€17,293
down €17,293 (-33.3%), from €51,856 to €34,563
- Financial income -€9,912
down €9,912 (-99.6%), from €9,951 to €39
of which Financial income: -€9,378
- Taxes +€3,353
up €3,353 (+21.5%), from €15,565 to €18,918
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.
Result 2024
€41,208
Gross operating margin
+€42,073
Staff costs
-€33,644
Depreciation
+€17,293
Other operating charges
+€1,528
Financial income
-€9,912
Financial charges
+€1,560
Taxes
-€3,353
Result 2025
€56,753
raises the resultlowers the result
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.
From operations
-€5,031
Investment
-€34,005
Financing
-€246
Cash 2024
€104,576
From operations (derived)
-€5,031
Net result for the year
+€56,753
Depreciation
+€34,563
Receivables within one year
-€26,780
Trade debts
-€45,451
Tax, wage and social debts
-€586
Other debts
-€23,530
Investment (derived)
-€34,005
Investment in fixed assets (net)
-€34,005
Financing
-€246
Contributions, distributions and other
-€246
Cash 2025
€65,294
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €485,189 | €472,129 | -€13,060 | -2.7% |
| Fixed assets | 21/28 | €203,158 | €202,600 | -€558 | -0.3% |
| Tangible fixed assets | 22/27 | €203,158 | €202,600 | -€558 | -0.3% |
| Land and buildings | 22 | €200,766 | €173,988 | -€26,778 | -13.3% |
| Plant, machinery and equipment | 23 | €703 | €25,200 | +€24,497 | +3,485% |
| Furniture and vehicles | 24 | - | €3,412 | +€3,412 | |
| Other tangible fixed assets | 26 | €1,689 | €0 | -€1,689 | -100% |
| Current assets | 29/58 | €282,031 | €269,529 | -€12,502 | -4.4% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €174,955 | €201,735 | +€26,780 | +15.3% |
| Trade receivables | 40 | €15,351 | €48,509 | +€33,158 | +216% |
| Other amounts receivable | 41 | €159,604 | €153,226 | -€6,378 | -4.0% |
| Cash at bank and in hand | 54/58 | €104,576 | €65,294 | -€39,282 | -37.6% |
| Total equity and liabilities | 10/49 | €485,189 | €472,129 | -€13,060 | -2.7% |
| Equity | 10/15 | €182,437 | €238,944 | +€56,507 | +31.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €154,037 | €213,844 | +€59,807 | +38.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €64,667 | €64,667 | = | 0.0% |
| Distributable reserves | 133 | €87,510 | €147,317 | +€59,807 | +68.3% |
| Profit (loss) carried forward | 14 | €9,800 | €6,500 | -€3,300 | -33.7% |
| Provisions and deferred taxes | 16 | €29,399 | €29,399 | = | 0.0% |
| Deferred taxes | 168 | €29,399 | €29,399 | = | 0.0% |
| Amounts payable | 17/49 | €273,353 | €203,786 | -€69,567 | -25.4% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 178/9 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €268,353 | €198,786 | -€69,567 | -25.9% |
| Trade debts | 44 | €118,882 | €73,431 | -€45,451 | -38.2% |
| Suppliers | 440/4 | €118,882 | €73,431 | -€45,451 | -38.2% |
| Advances received on contracts in progress | 46 | €59,158 | €59,158 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €45,605 | €45,019 | -€586 | -1.3% |
| Taxes | 450/3 | €23,867 | €23,825 | -€42 | -0.2% |
| Remuneration and social security | 454/9 | €21,738 | €21,194 | -€544 | -2.5% |
| Other amounts payable | 47/48 | €44,708 | €21,178 | -€23,530 | -52.6% |
| Remuneration, social security and pensions | 62 | €114,477 | €148,121 | +€33,644 | +29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,856 | €34,563 | -€17,293 | -33.3% |
| Other operating charges | 640/8 | €17,571 | €16,043 | -€1,528 | -8.7% |
| Gross operating margin | 9900 | €233,824 | €275,897 | +€42,073 | +18.0% |
| Operating profit (loss) | 9901 | €49,920 | €77,170 | +€27,250 | +54.6% |
| Financial income | 75/76B | €9,951 | €39 | -€9,912 | -99.6% |
| Recurring financial income | 75 | €9,381 | €3 | -€9,378 | -100.0% |
| Non-recurring financial income | 76B | €570 | €36 | -€534 | -93.7% |
| Financial charges | 65/66B | €3,098 | €1,538 | -€1,560 | -50.4% |
| Recurring financial charges | 65 | €3,098 | €1,538 | -€1,560 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €56,773 | €75,671 | +€18,898 | +33.3% |
| Income taxes | 67/77 | €15,565 | €18,918 | +€3,353 | +21.5% |
| Profit (loss) for the period | 9904 | €41,208 | €56,753 | +€15,545 | +37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,208 | €56,753 | +€15,545 | +37.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 2 November 2026 via checked.be.