JOOSTEN TOM: 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.
JOOSTEN TOM
Largest movements
- Stocks and contracts -€5,500
down €5,500 (-30.6%), from €18,000 to €12,500
- Receivables within one year -€4,393
down €4,393 (-34.1%), from €12,881 to €8,488
of which Trade receivables: -€4,070
- Tangible fixed assets -€2,099
down €2,099 (-44.8%), from €4,690 to €2,591
- Cash +€552
up €552 (+60.6%), from €911 to €1,463
mainly Stocks and contracts (+€5,500) and Receivables within one year (+€4,393)
- Other debts -€14,664
down €14,664 (-42.0%), from €34,949 to €20,285
- Profit (loss) carried forward +€2,612
up €2,612 (+47.8%), from -€5,463 to -€2,850
- Tax, wage and social debts +€462
new in 2025: €462
- Gross operating margin +€1,964
up €1,964 (+67.4%), from €2,916 to €4,880
- Depreciation +€125
up €125 (+6.3%), from €1,974 to €2,099
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.
Cash bridge derived
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 | €36,482 | €25,042 | -€11,440 | -31.4% |
| Fixed assets | 21/28 | €4,690 | €2,591 | -€2,099 | -44.8% |
| Tangible fixed assets | 22/27 | €4,690 | €2,591 | -€2,099 | -44.8% |
| Plant, machinery and equipment | 23 | €4,690 | €2,591 | -€2,099 | -44.8% |
| Current assets | 29/58 | €31,792 | €22,451 | -€9,340 | -29.4% |
| Stocks and contracts in progress | 3 | €18,000 | €12,500 | -€5,500 | -30.6% |
| Stocks | 30/36 | €18,000 | €12,500 | -€5,500 | -30.6% |
| Amounts receivable within one year | 40/41 | €12,881 | €8,488 | -€4,393 | -34.1% |
| Trade receivables | 40 | €12,558 | €8,488 | -€4,070 | -32.4% |
| Other amounts receivable | 41 | €323 | - | -€323 | |
| Cash at bank and in hand | 54/58 | €911 | €1,463 | +€552 | +60.6% |
| Total equity and liabilities | 10/49 | €36,482 | €25,042 | -€11,440 | -31.4% |
| Equity | 10/15 | €1,502 | €4,114 | +€2,612 | +173.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €765 | €765 | = | 0.0% |
| Non-distributable reserves | 130/1 | €61 | €61 | = | 0.0% |
| Reserves not available under the articles | 1311 | €61 | €61 | = | 0.0% |
| Distributable reserves | 133 | €704 | €704 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,463 | -€2,850 | +€2,612 | +47.8% |
| Amounts payable | 17/49 | €34,980 | €20,928 | -€14,052 | -40.2% |
| Amounts payable within one year | 42/48 | €34,980 | €20,928 | -€14,052 | -40.2% |
| Financial debts | 43 | €31 | - | -€31 | |
| Credit institutions | 430/8 | €31 | - | -€31 | |
| Trade debts | 44 | - | €181 | +€181 | |
| Suppliers | 440/4 | - | €181 | +€181 | |
| Taxes, remuneration and social security | 45 | - | €462 | +€462 | |
| Taxes | 450/3 | - | €462 | +€462 | |
| Other amounts payable | 47/48 | €34,949 | €20,285 | -€14,664 | -42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,974 | €2,099 | +€125 | +6.3% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.5% |
| Gross operating margin | 9900 | €2,916 | €4,880 | +€1,964 | +67.4% |
| Operating profit (loss) | 9901 | €816 | €2,653 | +€1,837 | +225.2% |
| Financial income | 75/76B | €41 | €15 | -€26 | -63.7% |
| Recurring financial income | 75 | €41 | €15 | -€26 | -63.7% |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.5% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €803 | €2,612 | +€1,810 | +225.5% |
| Profit (loss) for the period | 9904 | €803 | €2,612 | +€1,810 | +225.5% |
| Profit (loss) for the period to be appropriated | 9905 | €803 | €2,612 | +€1,810 | +225.5% |
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 10 October 2026 via checked.be.