JOOZEF: 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.
JOOZEF
Largest movements
- Cash -€234,161
down €234,161 (-76.3%), from €306,803 to €72,642
mainly Net result for the year (-€289,025) and Receivables within one year (-€180,150)
- Receivables within one year +€180,150
up €180,150 (+209%), from €86,285 to €266,435
of which Other amounts receivable: +€124,257
- Intangible fixed assets +€23,577
up €23,577 (+5.9%), from €402,978 to €426,555
- Profit (loss) carried forward -€289,025
down €289,025 (-117%), from -€245,993 to -€535,018
- Investment grants +€173,800
new in 2024: €173,800
- Trade debts +€82,770
up €82,770 (+277%), from €29,894 to €112,663
- Accrued charges and deferred income +€13,961
up €13,961 (+6,190%), from €226 to €14,186
- Other debts -€11,939
down €11,939 (-100%), from €11,939 to €0
- Gross operating margin -€853,196
down €853,196, from €613,999 to -€239,198
- Financial income +€37,685
up €37,685 (+4,029%), from €935 to €38,620
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 | €796,066 | €765,632 | -€30,434 | -3.8% |
| Fixed assets | 21/28 | €402,978 | €426,555 | +€23,577 | +5.9% |
| Intangible fixed assets | 21 | €402,978 | €426,555 | +€23,577 | +5.9% |
| Current assets | 29/58 | €393,088 | €339,077 | -€54,011 | -13.7% |
| Amounts receivable within one year | 40/41 | €86,285 | €266,435 | +€180,150 | +209% |
| Trade receivables | 40 | €69,213 | €125,107 | +€55,894 | +80.8% |
| Other amounts receivable | 41 | €17,072 | €141,329 | +€124,257 | +728% |
| Cash at bank and in hand | 54/58 | €306,803 | €72,642 | -€234,161 | -76.3% |
| Total equity and liabilities | 10/49 | €796,066 | €765,632 | -€30,434 | -3.8% |
| Equity | 10/15 | €104,007 | -€11,218 | -€115,225 | |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€245,993 | -€535,018 | -€289,025 | -117% |
| Investment grants | 15 | - | €173,800 | +€173,800 | |
| Amounts payable | 17/49 | €692,059 | €776,850 | +€84,791 | +12.3% |
| Amounts payable after more than one year | 17 | €650,000 | €650,000 | = | 0.0% |
| Other amounts payable | 178/9 | €650,000 | €650,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €41,833 | €112,663 | +€70,830 | +169% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €29,894 | €112,663 | +€82,770 | +277% |
| Suppliers | 440/4 | €29,894 | €112,663 | +€82,770 | +277% |
| Other amounts payable | 47/48 | €11,939 | €0 | -€11,939 | -100% |
| Accrued charges and deferred income | 492/3 | €226 | €14,186 | +€13,961 | +6,190% |
| Non-recurring operating income | 76A | €850,000 | €0 | -€850,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,472 | €86,579 | +€6,107 | +7.6% |
| Other operating charges | 640/8 | €1,322 | €387 | -€934 | -70.7% |
| Gross operating margin | 9900 | €613,999 | -€239,198 | -€853,196 | |
| Operating profit (loss) | 9901 | €532,205 | -€326,164 | -€858,368 | |
| Financial income | 75/76B | €935 | €38,620 | +€37,685 | +4,029% |
| Recurring financial income | 75 | €935 | €38,620 | +€37,685 | +4,029% |
| Financial charges | 65/66B | €2,403 | €962 | -€1,441 | -60.0% |
| Recurring financial charges | 65 | €2,403 | €962 | -€1,441 | -60.0% |
| Profit (loss) for the period before taxes | 9903 | €530,737 | -€288,506 | -€819,243 | |
| Income taxes | 67/77 | €241 | €519 | +€278 | +115% |
| Profit (loss) for the period | 9904 | €530,496 | -€289,025 | -€819,521 | |
| Profit (loss) for the period to be appropriated | 9905 | €530,496 | -€289,025 | -€819,521 |
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 16 October 2026 via checked.be.