JOSELI: 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.
JOSELI
Largest movements
- Cash -€96,562
down €96,562 (-90.2%), from €107,012 to €10,450
mainly Investment in fixed assets (net) (-€64,153) and Net result for the year (-€24,734)
- Tangible fixed assets +€48,506
up €48,506 (+7.0%), from €697,480 to €745,986
of which Plant, machinery and equipment: +€48,749
- Profit (loss) carried forward -€24,734
down €24,734 (-30.9%), from €80,079 to €55,345
- Tax, wage and social debts -€24,000
no longer reported in 2024 (was €24,000)
- Gross operating margin -€205,394
down €205,394, from €200,549 to -€4,845
- Taxes -€22,049
down €22,049 (-91.7%), from €24,042 to €1,993
- Depreciation +€10,070
up €10,070 (+180.6%), from €5,577 to €15,647
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.
Cash bridge derived
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 | €804,492 | €756,484 | -€48,007 | -6.0% |
| Fixed assets | 21/28 | €697,480 | €745,986 | +€48,506 | +7.0% |
| Tangible fixed assets | 22/27 | €697,480 | €745,986 | +€48,506 | +7.0% |
| Land and buildings | 22 | €666,842 | €666,842 | = | 0.0% |
| Plant, machinery and equipment | 23 | €30,010 | €78,760 | +€48,749 | +162.4% |
| Furniture and vehicles | 24 | €628 | €385 | -€243 | -38.7% |
| Current assets | 29/58 | €107,012 | €10,498 | -€96,514 | -90.2% |
| Cash at bank and in hand | 54/58 | €107,012 | €10,450 | -€96,562 | -90.2% |
| Deferred charges and accrued income | 490/1 | - | €48 | +€48 | |
| Total equity and liabilities | 10/49 | €804,492 | €756,484 | -€48,007 | -6.0% |
| Equity | 10/15 | €780,079 | €755,345 | -€24,734 | -3.2% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,079 | €55,345 | -€24,734 | -30.9% |
| Amounts payable | 17/49 | €24,412 | €1,139 | -€23,273 | -95.3% |
| Amounts payable within one year | 42/48 | €24,412 | €1,139 | -€23,273 | -95.3% |
| Current portion of amounts payable after more than one year | 42 | €412 | - | -€412 | |
| Taxes, remuneration and social security | 45 | €24,000 | - | -€24,000 | |
| Taxes | 450/3 | €24,000 | - | -€24,000 | |
| Other amounts payable | 47/48 | - | €1,139 | +€1,139 | |
| Non-recurring operating income | 76A | €210,175 | - | -€210,175 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,577 | €15,647 | +€10,070 | +180.6% |
| Other operating charges | 640/8 | €3,110 | €3,214 | +€104 | +3.3% |
| Gross operating margin | 9900 | €200,549 | -€4,845 | -€205,394 | |
| Operating profit (loss) | 9901 | €191,862 | -€23,706 | -€215,568 | |
| Financial income | 75/76B | €138 | €1,024 | +€885 | +639.5% |
| Recurring financial income | 75 | €138 | €1,024 | +€885 | +639.5% |
| Financial charges | 65/66B | €21 | €59 | +€38 | +179.4% |
| Recurring financial charges | 65 | €21 | €59 | +€38 | +179.4% |
| Profit (loss) for the period before taxes | 9903 | €191,979 | -€22,741 | -€214,720 | |
| Income taxes | 67/77 | €24,042 | €1,993 | -€22,049 | -91.7% |
| Profit (loss) for the period | 9904 | €167,938 | -€24,734 | -€192,672 | |
| Profit (loss) for the period to be appropriated | 9905 | €167,938 | -€24,734 | -€192,672 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.