JOS EENS-DEGREEF: 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.
What changed
JOS EENS-DEGREEF
NACE 77.391, Rental and leasing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€22,512
2024 · -€55,528+€33,016
Equity
€171,868
2024 · €194,380-€22,512
Cash
€4,690
2024 · €3,556+€1,134
Balance sheet total
€889,390
2024 · €612,037+€277,354
Largest movements
Assets
- Receivables after one year +€300,000
up €300,000 (+100%), from €300,000 to €600,000
- Tangible fixed assets -€32,669
down €32,669 (-11.8%), from €276,120 to €243,450
Equity and liabilities
- Debts after one year +€690,692
new in 2025: €690,692
- Other debts -€382,968
no longer reported in 2025 (was €382,968)
- Reserves -€76,577
down €76,577 (-61.0%), from €125,444 to €48,868
of which Distributable reserves: -€75,114
- Profit (loss) carried forward +€54,065
no longer reported in 2025 (was -€54,065)
- Trade debts -€8,941
down €8,941 (-83.1%), from €10,762 to €1,821
Income statement
- Gross operating margin +€24,927
up €24,927 (+29.1%), from €85,737 to €110,664
- Staff costs -€10,617
down €10,617 (-17.8%), from €59,600 to €48,984
- Other operating charges -€7,799
down €7,799 (-16.2%), from €48,057 to €40,258
- Financial charges +€6,910
up €6,910 (+183%), from €3,773 to €10,683
- Depreciation +€6,770
up €6,770 (+26.1%), from €25,899 to €32,669
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.
Result 2024
-€55,528
Gross operating margin
+€24,927
Staff costs
+€10,617
Depreciation
-€6,770
Other operating charges
+€7,799
Financial income
-€87
Financial charges
-€6,910
Taxes
+€3,441
Result 2025
-€22,512
raises the resultlowers the result
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.
From operations
-€688,543
Investment
€0
Financing
+€689,677
Cash 2024
€3,556
From operations (derived)
-€688,543
Net result for the year
-€22,512
Depreciation
+€32,669
Receivables after one year
-€300,000
Receivables within one year
-€8,089
Smaller working-capital items
-€2,891
Trade debts
-€8,941
Other debts
-€382,968
Accrued charges and deferred income
+€4,188
Financing
+€689,677
Debts after one year
+€690,692
Short-term financial debts
-€1,015
Cash 2025
€4,690
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €612,037 | €889,390 | +€277,354 | +45.3% |
| Fixed assets | 21/28 | €294,065 | €261,395 | -€32,669 | -11.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €276,120 | €243,450 | -€32,669 | -11.8% |
| Land and buildings | 22 | €212,851 | €200,619 | -€12,232 | -5.7% |
| Plant, machinery and equipment | 23 | €38,238 | €25,059 | -€13,179 | -34.5% |
| Furniture and vehicles | 24 | €25,031 | €17,773 | -€7,258 | -29.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €17,945 | €17,945 | = | 0.0% |
| Current assets | 29/58 | €317,972 | €627,995 | +€310,023 | +97.5% |
| Amounts receivable after more than one year | 29 | €300,000 | €600,000 | +€300,000 | +100% |
| Other amounts receivable | 291 | €300,000 | €600,000 | +€300,000 | +100% |
| Amounts receivable within one year | 40/41 | €7,501 | €15,590 | +€8,089 | +108% |
| Trade receivables | 40 | €6,176 | €9,311 | +€3,134 | +50.7% |
| Other amounts receivable | 41 | €1,325 | €6,279 | +€4,954 | +374% |
| Cash at bank and in hand | 54/58 | €3,556 | €4,690 | +€1,134 | +31.9% |
| Deferred charges and accrued income | 490/1 | €6,915 | €7,716 | +€800 | +11.6% |
| Total equity and liabilities | 10/49 | €612,037 | €889,390 | +€277,354 | +45.3% |
| Equity | 10/15 | €194,380 | €171,868 | -€22,512 | -11.6% |
| Contributions | 10/11 | €123,000 | €123,000 | = | 0.0% |
| Capital | 10 | €123,000 | €123,000 | = | 0.0% |
| Issued capital | 100 | €123,000 | €123,000 | = | 0.0% |
| Reserves | 13 | €125,444 | €48,868 | -€76,577 | -61.0% |
| Non-distributable reserves | 130/1 | €12,300 | €12,300 | = | 0.0% |
| Legal reserve | 130 | €12,300 | €12,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,105 | €12,642 | -€1,463 | -10.4% |
| Distributable reserves | 133 | €99,039 | €23,925 | -€75,114 | -75.8% |
| Profit (loss) carried forward | 14 | -€54,065 | - | +€54,065 | |
| Provisions and deferred taxes | 16 | €6,189 | €5,702 | -€488 | -7.9% |
| Deferred taxes | 168 | €6,189 | €5,702 | -€488 | -7.9% |
| Amounts payable | 17/49 | €411,468 | €711,821 | +€300,353 | +73.0% |
| Amounts payable after more than one year | 17 | - | €690,692 | +€690,692 | |
| Other amounts payable | 178/9 | - | €690,692 | +€690,692 | |
| Amounts payable within one year | 42/48 | €403,256 | €8,729 | -€394,527 | -97.8% |
| Financial debts | 43 | €1,015 | - | -€1,015 | |
| Credit institutions | 430/8 | €1,015 | - | -€1,015 | |
| Trade debts | 44 | €10,762 | €1,821 | -€8,941 | -83.1% |
| Suppliers | 440/4 | €10,762 | €1,821 | -€8,941 | -83.1% |
| Taxes, remuneration and social security | 45 | €8,511 | €6,908 | -€1,603 | -18.8% |
| Taxes | 450/3 | €3,687 | €1,574 | -€2,113 | -57.3% |
| Remuneration and social security | 454/9 | €4,824 | €5,334 | +€510 | +10.6% |
| Other amounts payable | 47/48 | €382,968 | - | -€382,968 | |
| Accrued charges and deferred income | 492/3 | €8,213 | €12,401 | +€4,188 | +51.0% |
| Non-recurring operating income | 76A | €347 | - | -€347 | |
| Remuneration, social security and pensions | 62 | €59,600 | €48,984 | -€10,617 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,899 | €32,669 | +€6,770 | +26.1% |
| Other operating charges | 640/8 | €48,057 | €40,258 | -€7,799 | -16.2% |
| Gross operating margin | 9900 | €85,737 | €110,664 | +€24,927 | +29.1% |
| Operating profit (loss) | 9901 | -€47,819 | -€11,248 | +€36,572 | +76.5% |
| Financial income | 75/76B | €89 | €3 | -€87 | -97.2% |
| Recurring financial income | 75 | €89 | €3 | -€87 | -97.2% |
| Financial charges | 65/66B | €3,773 | €10,683 | +€6,910 | +183% |
| Recurring financial charges | 65 | €3,773 | €10,683 | +€6,910 | +183% |
| Profit (loss) for the period before taxes | 9903 | -€51,503 | -€21,928 | +€29,575 | +57.4% |
| Transfer from deferred taxes | 780 | €488 | €488 | = | 0.0% |
| Income taxes | 67/77 | €4,513 | €1,072 | -€3,441 | -76.2% |
| Profit (loss) for the period | 9904 | -€55,528 | -€22,512 | +€33,016 | +59.5% |
| Transfer from tax-exempt reserves | 789 | €1,463 | €1,463 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,065 | -€21,049 | +€33,016 | +61.1% |
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 15 October 2026 via checked.be.