JOOST CREATIONS: 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.
JOOST CREATIONS
Largest movements
- Receivables within one year -€52,862
down €52,862 (-31.8%), from €166,473 to €113,611
of which Trade receivables: -€41,489
- Tangible fixed assets -€16,816
down €16,816 (-4.8%), from €347,310 to €330,494
of which Land and buildings: -€18,634
- Cash -€6,021
down €6,021 (-20.9%), from €28,788 to €22,766
mainly Contributions, distributions and other (-€55,371) and Trade debts (-€54,684)
- Trade debts -€54,684
down €54,684 (-48.3%), from €113,277 to €58,593
- Debts after one year -€29,169
down €29,169 (-45.8%), from €63,663 to €34,493
- Other debts +€23,758
up €23,758 (+407.5%), from €5,830 to €29,588
- Reserves -€12,123
down €12,123 (-3.8%), from €319,374 to €307,251
of which Distributable reserves: -€12,123
- Taxes +€13,487
up €13,487 (+41.8%), from €32,263 to €45,750
- Other operating charges +€2,195
up €2,195 (+51.2%), from €4,286 to €6,481
- Gross operating margin -€1,729
down €1,729 (-1.4%), from €121,182 to €119,453
From the 2025 result to the 2026 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
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €544,350 | €467,554 | -€76,796 | -14.1% |
| Fixed assets | 21/28 | €347,635 | €330,707 | -€16,928 | -4.9% |
| Intangible fixed assets | 21 | €325 | €213 | -€112 | -34.5% |
| Tangible fixed assets | 22/27 | €347,310 | €330,494 | -€16,816 | -4.8% |
| Land and buildings | 22 | €335,851 | €317,217 | -€18,634 | -5.5% |
| Furniture and vehicles | 24 | €11,459 | €7,982 | -€3,477 | -30.3% |
| Other tangible fixed assets | 26 | - | €5,295 | +€5,295 | |
| Current assets | 29/58 | €196,716 | €136,847 | -€59,868 | -30.4% |
| Amounts receivable within one year | 40/41 | €166,473 | €113,611 | -€52,862 | -31.8% |
| Trade receivables | 40 | €140,753 | €99,264 | -€41,489 | -29.5% |
| Other amounts receivable | 41 | €25,719 | €14,347 | -€11,372 | -44.2% |
| Cash at bank and in hand | 54/58 | €28,788 | €22,766 | -€6,021 | -20.9% |
| Deferred charges and accrued income | 490/1 | €1,455 | €470 | -€985 | -67.7% |
| Total equity and liabilities | 10/49 | €544,350 | €467,554 | -€76,796 | -14.1% |
| Equity | 10/15 | €325,580 | €313,456 | -€12,123 | -3.7% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €319,374 | €307,251 | -€12,123 | -3.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €319,374 | €307,251 | -€12,123 | -3.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €218,771 | €154,098 | -€64,673 | -29.6% |
| Amounts payable after more than one year | 17 | €63,663 | €34,493 | -€29,169 | -45.8% |
| Financial debts | 170/4 | €63,663 | €34,493 | -€29,169 | -45.8% |
| Amounts payable within one year | 42/48 | €153,373 | €119,001 | -€34,373 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €28,808 | €29,169 | +€361 | +1.3% |
| Trade debts | 44 | €113,277 | €58,593 | -€54,684 | -48.3% |
| Suppliers | 440/4 | €113,277 | €58,593 | -€54,684 | -48.3% |
| Taxes, remuneration and social security | 45 | €5,458 | €1,650 | -€3,808 | -69.8% |
| Taxes | 450/3 | €4,098 | €290 | -€3,808 | -92.9% |
| Remuneration and social security | 454/9 | €1,360 | €1,360 | = | 0.0% |
| Other amounts payable | 47/48 | €5,830 | €29,588 | +€23,758 | +407.5% |
| Accrued charges and deferred income | 492/3 | €1,735 | €604 | -€1,131 | -65.2% |
| Non-recurring operating income | 76A | - | €25,047 | +€25,047 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,815 | €21,507 | -€308 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €4,286 | €6,481 | +€2,195 | +51.2% |
| Non-recurring operating charges | 66A | €437 | €0 | -€437 | -100.0% |
| Gross operating margin | 9900 | €121,182 | €119,453 | -€1,729 | -1.4% |
| Operating profit (loss) | 9901 | €94,644 | €91,465 | -€3,179 | -3.4% |
| Financial income | 75/76B | €37 | €0 | -€37 | -100.0% |
| Recurring financial income | 75 | €37 | €0 | -€37 | -100.0% |
| Financial charges | 65/66B | €2,875 | €2,467 | -€407 | -14.2% |
| Recurring financial charges | 65 | €2,875 | €2,467 | -€407 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €91,806 | €88,998 | -€2,809 | -3.1% |
| Income taxes | 67/77 | €32,263 | €45,750 | +€13,487 | +41.8% |
| Profit (loss) for the period | 9904 | €59,543 | €43,248 | -€16,296 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,543 | €43,248 | -€16,296 | -27.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.