JOOST HAANS: 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 HAANS
Largest movements
- Cash -€306,804
down €306,804 (-41.0%), from €747,948 to €441,144
mainly Contributions, distributions and other (-€451,561) and Tax, wage and social debts (-€70,546)
- Current investments +€60,014
up €60,014 (+21.5%), from €279,231 to €339,245
- Receivables within one year -€19,430
down €19,430 (-18.0%), from €107,674 to €88,245
of which Trade receivables: -€19,365
- Tangible fixed assets -€15,864
down €15,864 (-42.3%), from €37,481 to €21,617
of which Furniture and vehicles: -€14,162
- Reserves -€194,610
down €194,610 (-19.4%), from €1.0m to €808,292
- Tax, wage and social debts -€70,546
down €70,546 (-35.2%), from €200,182 to €129,636
- Other debts -€20,000
down €20,000 (-100%), from €20,000 to €0
- Gross operating margin -€53,825
down €53,825 (-12.1%), from €446,332 to €392,508
- Taxes -€19,775
down €19,775 (-14.4%), from €137,128 to €117,353
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 | €1,236,394 | €946,501 | -€289,893 | -23.4% |
| Fixed assets | 21/28 | €37,481 | €21,617 | -€15,864 | -42.3% |
| Tangible fixed assets | 22/27 | €37,481 | €21,617 | -€15,864 | -42.3% |
| Land and buildings | 22 | €14,751 | €13,722 | -€1,029 | -7.0% |
| Furniture and vehicles | 24 | €18,950 | €4,788 | -€14,162 | -74.7% |
| Other tangible fixed assets | 26 | €3,780 | €3,106 | -€674 | -17.8% |
| Current assets | 29/58 | €1,198,913 | €924,884 | -€274,029 | -22.9% |
| Amounts receivable after more than one year | 29 | €62,639 | €56,250 | -€6,389 | -10.2% |
| Trade receivables | 290 | €62,639 | €56,250 | -€6,389 | -10.2% |
| Amounts receivable within one year | 40/41 | €107,674 | €88,245 | -€19,430 | -18.0% |
| Trade receivables | 40 | €102,310 | €82,946 | -€19,365 | -18.9% |
| Other amounts receivable | 41 | €5,364 | €5,299 | -€65 | -1.2% |
| Current investments | 50/53 | €279,231 | €339,245 | +€60,014 | +21.5% |
| Cash at bank and in hand | 54/58 | €747,948 | €441,144 | -€306,804 | -41.0% |
| Deferred charges and accrued income | 490/1 | €1,421 | €0 | -€1,421 | -100% |
| Total equity and liabilities | 10/49 | €1,236,394 | €946,501 | -€289,893 | -23.4% |
| Equity | 10/15 | €1,009,102 | €814,492 | -€194,610 | -19.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,002,902 | €808,292 | -€194,610 | -19.4% |
| Distributable reserves | 133 | €1,002,902 | €808,292 | -€194,610 | -19.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €227,292 | €132,009 | -€95,283 | -41.9% |
| Amounts payable within one year | 42/48 | €226,292 | €132,009 | -€94,283 | -41.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,110 | €2,373 | -€3,737 | -61.2% |
| Suppliers | 440/4 | €6,110 | €2,373 | -€3,737 | -61.2% |
| Taxes, remuneration and social security | 45 | €200,182 | €129,636 | -€70,546 | -35.2% |
| Taxes | 450/3 | €200,182 | €129,636 | -€70,546 | -35.2% |
| Other amounts payable | 47/48 | €20,000 | €0 | -€20,000 | -100% |
| Accrued charges and deferred income | 492/3 | €1,000 | €0 | -€1,000 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,202 | €17,052 | -€2,150 | -11.2% |
| Other operating charges | 640/8 | €2,018 | €2,496 | +€479 | +23.7% |
| Gross operating margin | 9900 | €446,332 | €392,508 | -€53,825 | -12.1% |
| Operating profit (loss) | 9901 | €425,112 | €372,959 | -€52,153 | -12.3% |
| Financial income | 75/76B | €1,475 | €1,656 | +€181 | +12.3% |
| Recurring financial income | 75 | €1,475 | €1,656 | +€181 | +12.3% |
| Financial charges | 65/66B | €406 | €313 | -€93 | -22.9% |
| Recurring financial charges | 65 | €406 | €313 | -€93 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €426,182 | €374,303 | -€51,879 | -12.2% |
| Income taxes | 67/77 | €137,128 | €117,353 | -€19,775 | -14.4% |
| Profit (loss) for the period | 9904 | €289,054 | €256,950 | -€32,103 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €289,054 | €256,950 | -€32,103 | -11.1% |
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 14 October 2026 via checked.be.