Joossens: 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.
Joossens
Largest movements
- Receivables within one year -€435,454
down €435,454 (-82.5%), from €527,925 to €92,471
of which Other amounts receivable: -€434,565
- Cash +€50,318
up €50,318 (+239.4%), from €21,023 to €71,341
- Tangible fixed assets -€20,985
down €20,985 (-25.3%), from €82,829 to €61,844
- Deferred charges and accrued income +€18,561
up €18,561 (+50.0%), from €37,094 to €55,654
- Stocks and contracts +€7,343
up €7,343 (+26.0%), from €28,221 to €35,564
- Other debts -€316,066
no longer reported in 2025 (was €316,066)
- Reserves -€53,536
down €53,536 (-22.8%), from €234,888 to €181,353
of which Distributable reserves: -€53,536
- Tax, wage and social debts -€17,706
down €17,706 (-58.8%), from €30,116 to €12,410
of which Taxes: -€21,405
- Turnover +€873,028
up €873,028 (+109.4%), from €797,967 to €1.7m
- Goods and materials +€679,262
up €679,262 (+198.4%), from €342,366 to €1.0m
of which Purchases: +€661,493
- Services and other goods +€337,373
up €337,373 (+67.9%), from €496,784 to €834,157
- Write-downs -€43,286
down €43,286, from €32,051 to -€11,234
- Other operating income +€23,860
up €23,860 (+4.8%), from €492,778 to €516,637
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €697,091 | €316,873 | -€380,217 | -54.5% |
| Fixed assets | 21/28 | €82,829 | €61,844 | -€20,985 | -25.3% |
| Tangible fixed assets | 22/27 | €82,829 | €61,844 | -€20,985 | -25.3% |
| Furniture and vehicles | 24 | €82,829 | €61,844 | -€20,985 | -25.3% |
| Current assets | 29/58 | €614,262 | €255,030 | -€359,233 | -58.5% |
| Stocks and contracts in progress | 3 | €28,221 | €35,564 | +€7,343 | +26.0% |
| Stocks | 30/36 | €28,221 | €35,564 | +€7,343 | +26.0% |
| Goods purchased for resale | 34 | €28,221 | €35,564 | +€7,343 | +26.0% |
| Amounts receivable within one year | 40/41 | €527,925 | €92,471 | -€435,454 | -82.5% |
| Trade receivables | 40 | €45,723 | €44,834 | -€889 | -1.9% |
| Other amounts receivable | 41 | €482,202 | €47,637 | -€434,565 | -90.1% |
| Cash at bank and in hand | 54/58 | €21,023 | €71,341 | +€50,318 | +239.4% |
| Deferred charges and accrued income | 490/1 | €37,094 | €55,654 | +€18,561 | +50.0% |
| Total equity and liabilities | 10/49 | €697,091 | €316,873 | -€380,217 | -54.5% |
| Equity | 10/15 | €296,888 | €243,353 | -€53,536 | -18.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €234,888 | €181,353 | -€53,536 | -22.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,440 | €20,440 | = | 0.0% |
| Distributable reserves | 133 | €208,248 | €154,712 | -€53,536 | -25.7% |
| Amounts payable | 17/49 | €400,202 | €73,521 | -€326,682 | -81.6% |
| Amounts payable within one year | 42/48 | €397,802 | €69,921 | -€327,882 | -82.4% |
| Trade debts | 44 | €51,621 | €57,511 | +€5,890 | +11.4% |
| Suppliers | 440/4 | €51,621 | €57,511 | +€5,890 | +11.4% |
| Taxes, remuneration and social security | 45 | €30,116 | €12,410 | -€17,706 | -58.8% |
| Taxes | 450/3 | €21,405 | - | -€21,405 | |
| Remuneration and social security | 454/9 | €8,711 | €12,410 | +€3,699 | +42.5% |
| Other amounts payable | 47/48 | €316,066 | - | -€316,066 | |
| Accrued charges and deferred income | 492/3 | €2,400 | €3,600 | +€1,200 | +50.0% |
| Operating income | 70/76A | €1,290,744 | €2,187,632 | +€896,888 | +69.5% |
| Turnover | 70 | €797,967 | €1,670,994 | +€873,028 | +109.4% |
| Other operating income | 74 | €492,778 | €516,637 | +€23,860 | +4.8% |
| Operating charges | 60/66A | €1,259,884 | €2,240,482 | +€980,598 | +77.8% |
| Goods for resale, raw materials and consumables | 60 | €342,366 | €1,021,628 | +€679,262 | +198.4% |
| Purchases | 600/8 | €356,243 | €1,017,736 | +€661,493 | +185.7% |
| Change in stocks: decrease (increase) | 609 | -€13,878 | €3,892 | +€17,769 | |
| Services and other goods | 61 | €496,784 | €834,157 | +€337,373 | +67.9% |
| Remuneration, social security and pensions | 62 | €115,597 | €109,848 | -€5,749 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,990 | €20,985 | +€6,995 | +50.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,051 | -€11,234 | -€43,286 | |
| Other operating charges | 640/8 | €250,950 | €265,099 | +€14,149 | +5.6% |
| Non-recurring operating charges | 66A | €8,146 | - | -€8,146 | |
| Operating profit (loss) | 9901 | €30,860 | -€52,850 | -€83,711 | |
| Financial income | 75/76B | €43 | €3 | -€40 | -93.5% |
| Recurring financial income | 75 | €43 | €3 | -€40 | -93.5% |
| Other financial income | 752/9 | €43 | €3 | -€40 | -93.5% |
| Financial charges | 65/66B | €828 | €688 | -€140 | -16.9% |
| Recurring financial charges | 65 | €828 | €688 | -€140 | -16.9% |
| Other financial charges | 652/9 | €828 | €688 | -€140 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €30,075 | -€53,536 | -€83,611 | |
| Profit (loss) for the period | 9904 | €30,075 | -€53,536 | -€83,611 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,075 | -€53,536 | -€83,611 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.