Joost Dumeez: 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 Dumeez
Largest movements
- Cash +€94,591
up €94,591 (+63.8%), from €148,324 to €242,915
mainly Net result for the year (+€86,607) and Depreciation (+€10,186)
- Tangible fixed assets -€10,186
down €10,186 (-29.0%), from €35,149 to €24,963
- Receivables within one year +€4,604
up €4,604 (+17.6%), from €26,182 to €30,785
of which Trade receivables: +€3,800
- Profit (loss) carried forward +€86,607
up €86,607 (+53.9%), from €160,825 to €247,433
- Gross operating margin +€2,294
up €2,294 (+1.9%), from €119,528 to €121,822
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 | €210,450 | €299,531 | +€89,081 | +42.3% |
| Fixed assets | 21/28 | €35,149 | €24,963 | -€10,186 | -29.0% |
| Tangible fixed assets | 22/27 | €35,149 | €24,963 | -€10,186 | -29.0% |
| Furniture and vehicles | 24 | €35,149 | €24,963 | -€10,186 | -29.0% |
| Current assets | 29/58 | €175,302 | €274,568 | +€99,267 | +56.6% |
| Amounts receivable within one year | 40/41 | €26,182 | €30,785 | +€4,604 | +17.6% |
| Trade receivables | 40 | €26,182 | €29,982 | +€3,800 | +14.5% |
| Other amounts receivable | 41 | - | €803 | +€803 | |
| Cash at bank and in hand | 54/58 | €148,324 | €242,915 | +€94,591 | +63.8% |
| Deferred charges and accrued income | 490/1 | €796 | €868 | +€72 | +9.0% |
| Total equity and liabilities | 10/49 | €210,450 | €299,531 | +€89,081 | +42.3% |
| Equity | 10/15 | €175,825 | €262,433 | +€86,607 | +49.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €160,825 | €247,433 | +€86,607 | +53.9% |
| Amounts payable | 17/49 | €34,625 | €37,098 | +€2,473 | +7.1% |
| Amounts payable within one year | 42/48 | €34,559 | €37,033 | +€2,473 | +7.2% |
| Trade debts | 44 | €914 | €1,133 | +€219 | +23.9% |
| Suppliers | 440/4 | €914 | €1,133 | +€219 | +23.9% |
| Taxes, remuneration and social security | 45 | €30,478 | €31,611 | +€1,132 | +3.7% |
| Taxes | 450/3 | €30,478 | €31,611 | +€1,132 | +3.7% |
| Other amounts payable | 47/48 | €3,167 | €4,289 | +€1,122 | +35.4% |
| Accrued charges and deferred income | 492/3 | €66 | €66 | = | 0.0% |
| Non-recurring operating income | 76A | €130 | - | -€130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,473 | €10,186 | +€713 | +7.5% |
| Other operating charges | 640/8 | €525 | €984 | +€460 | +87.6% |
| Gross operating margin | 9900 | €119,528 | €121,822 | +€2,294 | +1.9% |
| Operating profit (loss) | 9901 | €109,530 | €110,652 | +€1,122 | +1.0% |
| Financial charges | 65/66B | €35 | €39 | +€4 | +11.9% |
| Recurring financial charges | 65 | €35 | €39 | +€4 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €109,495 | €110,613 | +€1,118 | +1.0% |
| Income taxes | 67/77 | €23,242 | €24,005 | +€763 | +3.3% |
| Profit (loss) for the period | 9904 | €86,253 | €86,607 | +€355 | +0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €86,253 | €86,607 | +€355 | +0.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.