JOOST DEMOEN: 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 DEMOEN
Largest movements
- Receivables within one year -€6,694
down €6,694 (-13.4%), from €49,846 to €43,152
- Tangible fixed assets -€4,914
down €4,914 (-55.9%), from €8,794 to €3,880
of which Plant, machinery and equipment: -€2,857
- Profit (loss) carried forward -€13,383
down €13,383 (-48.9%), from -€27,375 to -€40,758
- Trade debts +€11,225
up €11,225 (+278%), from €4,033 to €15,258
- Short-term financial debts -€7,869
no longer reported in 2024 (was €7,869)
- Tax, wage and social debts -€1,580
down €1,580 (-15.5%), from €10,181 to €8,601
of which Taxes: -€1,829
- Staff costs +€6,844
up €6,844 (+23.6%), from €28,970 to €35,814
- Gross operating margin -€4,525
down €4,525 (-12.5%), from €36,159 to €31,633
- Taxes +€2,369
new in 2024: €2,369
- Other operating charges +€450
up €450 (+38.6%), from €1,167 to €1,617
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,056 | €53,042 | -€11,014 | -17.2% |
| Fixed assets | 21/28 | €8,794 | €3,880 | -€4,914 | -55.9% |
| Tangible fixed assets | 22/27 | €8,794 | €3,880 | -€4,914 | -55.9% |
| Plant, machinery and equipment | 23 | €6,437 | €3,579 | -€2,857 | -44.4% |
| Furniture and vehicles | 24 | €2,357 | €301 | -€2,057 | -87.2% |
| Current assets | 29/58 | €55,262 | €49,162 | -€6,100 | -11.0% |
| Amounts receivable within one year | 40/41 | €49,846 | €43,152 | -€6,694 | -13.4% |
| Other amounts receivable | 41 | €49,846 | €43,152 | -€6,694 | -13.4% |
| Current investments | 50/53 | €5,350 | €5,663 | +€313 | +5.9% |
| Cash at bank and in hand | 54/58 | €66 | €346 | +€281 | +427% |
| Total equity and liabilities | 10/49 | €64,056 | €53,042 | -€11,014 | -17.2% |
| Equity | 10/15 | -€5,215 | -€18,598 | -€13,383 | -257% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,160 | €2,160 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €160 | €160 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,375 | -€40,758 | -€13,383 | -48.9% |
| Amounts payable | 17/49 | €69,271 | €71,640 | +€2,369 | +3.4% |
| Amounts payable within one year | 42/48 | €69,271 | €71,640 | +€2,369 | +3.4% |
| Financial debts | 43 | €7,869 | - | -€7,869 | |
| Credit institutions | 430/8 | €7,869 | - | -€7,869 | |
| Trade debts | 44 | €4,033 | €15,258 | +€11,225 | +278% |
| Suppliers | 440/4 | €4,033 | €15,258 | +€11,225 | +278% |
| Taxes, remuneration and social security | 45 | €10,181 | €8,601 | -€1,580 | -15.5% |
| Taxes | 450/3 | €5,154 | €3,326 | -€1,829 | -35.5% |
| Remuneration and social security | 454/9 | €5,027 | €5,276 | +€249 | +5.0% |
| Other amounts payable | 47/48 | €47,188 | €47,781 | +€592 | +1.3% |
| Remuneration, social security and pensions | 62 | €28,970 | €35,814 | +€6,844 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,097 | €4,914 | -€183 | -3.6% |
| Other operating charges | 640/8 | €1,167 | €1,617 | +€450 | +38.6% |
| Gross operating margin | 9900 | €36,159 | €31,633 | -€4,525 | -12.5% |
| Operating profit (loss) | 9901 | €925 | -€10,711 | -€11,636 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €118 | €303 | +€185 | +157% |
| Recurring financial charges | 65 | €118 | €303 | +€185 | +157% |
| Profit (loss) for the period before taxes | 9903 | €807 | -€11,014 | -€11,821 | |
| Income taxes | 67/77 | - | €2,369 | +€2,369 | |
| Profit (loss) for the period | 9904 | €807 | -€13,383 | -€14,190 | |
| Profit (loss) for the period to be appropriated | 9905 | €807 | -€13,383 | -€14,190 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.