JORIS PIEN: 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.
JORIS PIEN
Largest movements
- Receivables within one year +€23,370
up €23,370 (+61.7%), from €37,899 to €61,270
of which Other amounts receivable: +€23,709
- Tangible fixed assets +€15,705
up €15,705 (+18.2%), from €86,166 to €101,871
of which Furniture and vehicles: +€11,783
- Other debts +€22,201
up €22,201 (+21.0%), from €105,919 to €128,120
- Reserves +€14,560
up €14,560 (+2.4%), from €606,370 to €620,930
- Gross operating margin +€15,933
up €15,933 (+6.1%), from €259,504 to €275,437
- Taxes +€5,846
up €5,846 (+10.8%), from €54,185 to €60,031
- Staff costs +€5,673
up €5,673 (+11.7%), from €48,453 to €54,126
- Depreciation +€4,557
up €4,557 (+30.2%), from €15,110 to €19,667
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 | €746,136 | €791,352 | +€45,216 | +6.1% |
| Fixed assets | 21/28 | €86,166 | €101,871 | +€15,705 | +18.2% |
| Tangible fixed assets | 22/27 | €86,166 | €101,871 | +€15,705 | +18.2% |
| Plant, machinery and equipment | 23 | €2,331 | €6,253 | +€3,922 | +168.3% |
| Furniture and vehicles | 24 | €83,835 | €95,619 | +€11,783 | +14.1% |
| Current assets | 29/58 | €659,970 | €689,481 | +€29,511 | +4.5% |
| Amounts receivable within one year | 40/41 | €37,899 | €61,270 | +€23,370 | +61.7% |
| Trade receivables | 40 | €37,899 | €37,560 | -€339 | -0.9% |
| Other amounts receivable | 41 | €0 | €23,709 | +€23,709 | |
| Current investments | 50/53 | €475,903 | €478,027 | +€2,125 | +0.4% |
| Cash at bank and in hand | 54/58 | €144,039 | €147,689 | +€3,649 | +2.5% |
| Deferred charges and accrued income | 490/1 | €2,128 | €2,495 | +€367 | +17.3% |
| Total equity and liabilities | 10/49 | €746,136 | €791,352 | +€45,216 | +6.1% |
| Equity | 10/15 | €630,827 | €645,396 | +€14,568 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €606,370 | €620,930 | +€14,560 | +2.4% |
| Distributable reserves | 133 | €606,370 | €620,930 | +€14,560 | +2.4% |
| Profit (loss) carried forward | 14 | €5,857 | €5,866 | +€8 | +0.1% |
| Amounts payable | 17/49 | €115,309 | €145,957 | +€30,648 | +26.6% |
| Amounts payable within one year | 42/48 | €115,309 | €145,957 | +€30,648 | +26.6% |
| Trade debts | 44 | €384 | €1,445 | +€1,061 | +276.1% |
| Suppliers | 440/4 | €384 | €1,445 | +€1,061 | +276.1% |
| Taxes, remuneration and social security | 45 | €9,006 | €16,392 | +€7,386 | +82.0% |
| Taxes | 450/3 | €5,877 | €14,268 | +€8,391 | +142.8% |
| Remuneration and social security | 454/9 | €3,129 | €2,124 | -€1,005 | -32.1% |
| Other amounts payable | 47/48 | €105,919 | €128,120 | +€22,201 | +21.0% |
| Remuneration, social security and pensions | 62 | €48,453 | €54,126 | +€5,673 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,110 | €19,667 | +€4,557 | +30.2% |
| Other operating charges | 640/8 | €1,494 | €1,498 | +€4 | +0.3% |
| Gross operating margin | 9900 | €259,504 | €275,437 | +€15,933 | +6.1% |
| Operating profit (loss) | 9901 | €194,447 | €200,146 | +€5,699 | +2.9% |
| Financial income | 75/76B | €1,427 | €3,699 | +€2,271 | +159.2% |
| Recurring financial income | 75 | €1,427 | €3,699 | +€2,271 | +159.2% |
| Financial charges | 65/66B | €2,131 | €1,125 | -€1,006 | -47.2% |
| Recurring financial charges | 65 | €2,131 | €1,125 | -€1,006 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €193,743 | €202,719 | +€8,976 | +4.6% |
| Income taxes | 67/77 | €54,185 | €60,031 | +€5,846 | +10.8% |
| Profit (loss) for the period | 9904 | €139,558 | €142,688 | +€3,131 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €139,558 | €142,688 | +€3,131 | +2.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.