Joris: what changed
Two fiscal 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.
Joris
Largest movements
- Deferred charges and accrued income -€5,893
down €5,893 (-100.0%), from €5,893 to €0
- Tangible fixed assets -€4,572
down €4,572 (-91.0%), from €5,024 to €452
- Receivables within one year -€4,077
down €4,077 (-95.4%), from €4,275 to €197
of which Trade receivables: -€3,860
- Cash -€788
down €788 (-52.3%), from €1,507 to €719
mainly Debts after one year (-€25,000) and Current portion of long-term debt (-€7,917)
- Debts after one year -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Other debts +€22,472
up €22,472 (+20.8%), from €108,117 to €130,589
- Current portion of long-term debt -€7,917
down €7,917 (-38.8%), from €20,417 to €12,500
- Profit (loss) carried forward -€3,617
down €3,617 (-2.6%), from -€137,434 to -€141,051
- Trade debts -€1,275
down €1,275 (-76.8%), from €1,659 to €384
- Financial charges -€7,223
down €7,223 (-57.1%), from €12,645 to €5,421
- Depreciation -€2,062
down €2,062 (-90.4%), from €2,280 to €218
- Gross operating margin -€1,695
down €1,695 (-28.0%), from €6,059 to €4,364
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 | €38,126 | €22,795 | -€15,331 | -40.2% |
| Fixed assets | 21/28 | €5,024 | €452 | -€4,572 | -91.0% |
| Tangible fixed assets | 22/27 | €5,024 | €452 | -€4,572 | -91.0% |
| Furniture and vehicles | 24 | €5,024 | €452 | -€4,572 | -91.0% |
| Current assets | 29/58 | €33,101 | €22,343 | -€10,759 | -32.5% |
| Amounts receivable after more than one year | 29 | €21,426 | €21,426 | = | 0.0% |
| Other amounts receivable | 291 | €21,426 | €21,426 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,275 | €197 | -€4,077 | -95.4% |
| Trade receivables | 40 | €4,058 | €197 | -€3,860 | -95.1% |
| Other amounts receivable | 41 | €217 | €0 | -€217 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,507 | €719 | -€788 | -52.3% |
| Deferred charges and accrued income | 490/1 | €5,893 | €0 | -€5,893 | -100.0% |
| Total equity and liabilities | 10/49 | €38,126 | €22,795 | -€15,331 | -40.2% |
| Equity | 10/15 | -€117,731 | -€121,348 | -€3,617 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,103 | €1,103 | = | 0.0% |
| Distributable reserves | 133 | €1,103 | €1,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,434 | -€141,051 | -€3,617 | -2.6% |
| Amounts payable | 17/49 | €155,857 | €144,143 | -€11,714 | -7.5% |
| Amounts payable after more than one year | 17 | €25,000 | €0 | -€25,000 | -100.0% |
| Financial debts | 170/4 | €25,000 | €0 | -€25,000 | -100.0% |
| Amounts payable within one year | 42/48 | €130,525 | €144,143 | +€13,618 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €20,417 | €12,500 | -€7,917 | -38.8% |
| Trade debts | 44 | €1,659 | €384 | -€1,275 | -76.8% |
| Suppliers | 440/4 | €1,659 | €384 | -€1,275 | -76.8% |
| Taxes, remuneration and social security | 45 | €332 | €670 | +€338 | +101.6% |
| Taxes | 450/3 | €332 | €670 | +€338 | +101.6% |
| Other amounts payable | 47/48 | €108,117 | €130,589 | +€22,472 | +20.8% |
| Accrued charges and deferred income | 492/3 | €332 | €0 | -€332 | -100.0% |
| Non-recurring operating income | 76A | €445 | €0 | -€445 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,280 | €218 | -€2,062 | -90.4% |
| Other operating charges | 640/8 | €740 | €715 | -€25 | -3.4% |
| Non-recurring operating charges | 66A | - | €1,627 | +€1,627 | |
| Gross operating margin | 9900 | €6,059 | €4,364 | -€1,695 | -28.0% |
| Operating profit (loss) | 9901 | €3,040 | €1,805 | -€1,235 | -40.6% |
| Financial charges | 65/66B | €12,645 | €5,421 | -€7,223 | -57.1% |
| Recurring financial charges | 65 | €12,645 | €5,421 | -€7,223 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,605 | -€3,617 | +€5,988 | +62.3% |
| Profit (loss) for the period | 9904 | -€9,605 | -€3,617 | +€5,988 | +62.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,605 | -€3,617 | +€5,988 | +62.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.