JOS VAN MOER: 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.
JOS VAN MOER
Largest movements
- Cash -€33,482
down €33,482 (-20.5%), from €163,229 to €129,747
mainly Net result for the year (-€25,426) and Deferred charges and accrued income (-€11,207)
- Reserves -€25,426
down €25,426 (-2.0%), from €1.3m to €1.3m
of which Distributable reserves: -€25,426
- Gross operating margin +€56,704
up €56,704 (+81.2%), from -€69,853 to -€13,149
- Other operating charges +€8,569
up €8,569 (+74.6%), from €11,489 to €20,058
- Financial income -€2,894
down €2,894 (-20.5%), from €14,101 to €11,207
- Financial charges -€2,315
down €2,315 (-40.3%), from €5,742 to €3,427
- Write-downs +€1,524
no longer reported in 2025 (was -€1,524)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,531,520 | €1,508,587 | -€22,933 | -1.5% |
| Fixed assets | 21/28 | €159,789 | €158,008 | -€1,781 | -1.1% |
| Tangible fixed assets | 22/27 | €158,008 | €158,008 | = | 0.0% |
| Land and buildings | 22 | €158,008 | €158,008 | = | 0.0% |
| Financial fixed assets | 28 | €1,781 | €0 | -€1,781 | -100% |
| Current assets | 29/58 | €1,371,730 | €1,350,579 | -€21,152 | -1.5% |
| Amounts receivable within one year | 40/41 | €1,011,584 | €1,012,707 | +€1,123 | +0.1% |
| Trade receivables | 40 | €206,058 | €199,475 | -€6,583 | -3.2% |
| Other amounts receivable | 41 | €805,526 | €813,232 | +€7,706 | +1.0% |
| Cash at bank and in hand | 54/58 | €163,229 | €129,747 | -€33,482 | -20.5% |
| Deferred charges and accrued income | 490/1 | €196,917 | €208,124 | +€11,207 | +5.7% |
| Total equity and liabilities | 10/49 | €1,531,520 | €1,508,587 | -€22,933 | -1.5% |
| Equity | 10/15 | €1,368,159 | €1,342,733 | -€25,426 | -1.9% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,293,159 | €1,267,733 | -€25,426 | -2.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €105,254 | €105,254 | = | 0.0% |
| Distributable reserves | 133 | €1,180,405 | €1,154,979 | -€25,426 | -2.2% |
| Amounts payable | 17/49 | €163,360 | €165,854 | +€2,493 | +1.5% |
| Amounts payable within one year | 42/48 | €159,567 | €158,908 | -€659 | -0.4% |
| Trade debts | 44 | €1,954 | €1,295 | -€659 | -33.7% |
| Suppliers | 440/4 | €1,954 | €1,295 | -€659 | -33.7% |
| Other amounts payable | 47/48 | €157,613 | €157,613 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,793 | €6,946 | +€3,152 | +83.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,524 | - | +€1,524 | |
| Other operating charges | 640/8 | €11,489 | €20,058 | +€8,569 | +74.6% |
| Gross operating margin | 9900 | -€69,853 | -€13,149 | +€56,704 | +81.2% |
| Operating profit (loss) | 9901 | -€79,818 | -€33,207 | +€46,611 | +58.4% |
| Financial income | 75/76B | €14,101 | €11,207 | -€2,894 | -20.5% |
| Recurring financial income | 75 | €14,101 | €11,207 | -€2,894 | -20.5% |
| Financial charges | 65/66B | €5,742 | €3,427 | -€2,315 | -40.3% |
| Recurring financial charges | 65 | €5,742 | €3,427 | -€2,315 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | -€71,458 | -€25,426 | +€46,032 | +64.4% |
| Profit (loss) for the period | 9904 | -€71,458 | -€25,426 | +€46,032 | +64.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,458 | -€25,426 | +€46,032 | +64.4% |
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 16 October 2026 via checked.be.