JOOST CAEN: 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.
JOOST CAEN
Largest movements
- Tangible fixed assets -€7,935
down €7,935 (-24.1%), from €32,901 to €24,967
- Receivables within one year -€6,648
down €6,648 (-81.1%), from €8,196 to €1,548
of which Trade receivables: -€3,872
- Cash +€6,511
up €6,511 (+73.2%), from €8,893 to €15,404
mainly Depreciation (+€9,751) and Trade debts (+€6,648)
- Deferred charges and accrued income -€2,384
down €2,384 (-99.0%), from €2,409 to €25
- Profit (loss) carried forward -€16,449
down €16,449, from €554 to -€15,895
- Trade debts +€6,648
up €6,648 (+330%), from €2,012 to €8,660
- Tax, wage and social debts -€1,209
down €1,209 (-33.3%), from €3,630 to €2,421
- Reserves +€554
up €554 (+1.4%), from €40,004 to €40,558
- Gross operating margin -€22,578
down €22,578, from €17,668 to -€4,910
- Other operating charges -€8,110
down €8,110 (-89.1%), from €9,098 to €988
- Depreciation +€3,232
up €3,232 (+49.6%), from €6,520 to €9,751
- Taxes -€1,463
down €1,463 (-88.6%), from €1,652 to €189
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 | €52,400 | €41,944 | -€10,456 | -20.0% |
| Fixed assets | 21/28 | €32,901 | €24,967 | -€7,935 | -24.1% |
| Tangible fixed assets | 22/27 | €32,901 | €24,967 | -€7,935 | -24.1% |
| Furniture and vehicles | 24 | €32,901 | €24,967 | -€7,935 | -24.1% |
| Current assets | 29/58 | €19,498 | €16,977 | -€2,521 | -12.9% |
| Amounts receivable within one year | 40/41 | €8,196 | €1,548 | -€6,648 | -81.1% |
| Trade receivables | 40 | €3,872 | - | -€3,872 | |
| Other amounts receivable | 41 | €4,324 | €1,548 | -€2,776 | -64.2% |
| Cash at bank and in hand | 54/58 | €8,893 | €15,404 | +€6,511 | +73.2% |
| Deferred charges and accrued income | 490/1 | €2,409 | €25 | -€2,384 | -99.0% |
| Total equity and liabilities | 10/49 | €52,400 | €41,944 | -€10,456 | -20.0% |
| Equity | 10/15 | €46,758 | €30,863 | -€15,895 | -34.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,004 | €40,558 | +€554 | +1.4% |
| Distributable reserves | 133 | €40,004 | €40,558 | +€554 | +1.4% |
| Profit (loss) carried forward | 14 | €554 | -€15,895 | -€16,449 | |
| Amounts payable | 17/49 | €5,642 | €11,081 | +€5,439 | +96.4% |
| Amounts payable within one year | 42/48 | €5,642 | €11,081 | +€5,439 | +96.4% |
| Trade debts | 44 | €2,012 | €8,660 | +€6,648 | +330% |
| Suppliers | 440/4 | €2,012 | €8,660 | +€6,648 | +330% |
| Taxes, remuneration and social security | 45 | €3,630 | €2,421 | -€1,209 | -33.3% |
| Taxes | 450/3 | €3,630 | €2,421 | -€1,209 | -33.3% |
| Non-recurring operating income | 76A | €5,479 | - | -€5,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,520 | €9,751 | +€3,232 | +49.6% |
| Other operating charges | 640/8 | €9,098 | €988 | -€8,110 | -89.1% |
| Gross operating margin | 9900 | €17,668 | -€4,910 | -€22,578 | |
| Operating profit (loss) | 9901 | €2,050 | -€15,649 | -€17,699 | |
| Financial income | 75/76B | €303 | €173 | -€130 | -42.8% |
| Recurring financial income | 75 | €303 | €173 | -€130 | -42.8% |
| Financial charges | 65/66B | €147 | €230 | +€83 | +56.4% |
| Recurring financial charges | 65 | €147 | €230 | +€83 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | €2,206 | -€15,706 | -€17,912 | |
| Income taxes | 67/77 | €1,652 | €189 | -€1,463 | -88.6% |
| Profit (loss) for the period | 9904 | €554 | -€15,895 | -€16,449 | |
| Profit (loss) for the period to be appropriated | 9905 | €554 | -€15,895 | -€16,449 |
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 17 October 2026 via checked.be.