JOSEPH COMPANY: what changed
JOSEPH COMPANY
Largest movements
- Receivables within one year +€21,175
up €21,175 (+59.8%), from €35,420 to €56,595
of which Trade receivables: +€19,094
- Tangible fixed assets +€10,054
up €10,054 (+46.9%), from €21,437 to €31,491
- Cash +€5,952
new in 2025: €5,952
mainly Net result for the year (+€26,324) and Depreciation (+€8,013)
- Profit (loss) carried forward +€26,324
up €26,324, from -€1,763 to €24,561
- Trade debts +€6,970
up €6,970 (+14.3%), from €48,620 to €55,590
- Tax, wage and social debts +€3,888
new in 2025: €3,888
- Gross operating margin +€37,579
new in 2025: €37,579
- Depreciation +€6,251
up €6,251 (+355%), from €1,763 to €8,013
- Other operating charges +€3,177
new in 2025: €3,177
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,857 | €94,039 | +€37,181 | +65.4% |
| Fixed assets | 21/28 | €21,437 | €31,491 | +€10,054 | +46.9% |
| Tangible fixed assets | 22/27 | €21,437 | €31,491 | +€10,054 | +46.9% |
| Furniture and vehicles | 24 | €21,437 | €31,491 | +€10,054 | +46.9% |
| Current assets | 29/58 | €35,420 | €62,548 | +€27,128 | +76.6% |
| Amounts receivable within one year | 40/41 | €35,420 | €56,595 | +€21,175 | +59.8% |
| Trade receivables | 40 | €22,000 | €41,094 | +€19,094 | +86.8% |
| Other amounts receivable | 41 | €13,420 | €15,501 | +€2,081 | +15.5% |
| Cash at bank and in hand | 54/58 | - | €5,952 | +€5,952 | |
| Total equity and liabilities | 10/49 | €56,857 | €94,039 | +€37,181 | +65.4% |
| Equity | 10/15 | €8,237 | €34,561 | +€26,324 | +320% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,763 | €24,561 | +€26,324 | |
| Amounts payable | 17/49 | €48,620 | €59,478 | +€10,858 | +22.3% |
| Amounts payable within one year | 42/48 | €48,620 | €59,478 | +€10,858 | +22.3% |
| Trade debts | 44 | €48,620 | €55,590 | +€6,970 | +14.3% |
| Suppliers | 440/4 | €48,620 | €55,590 | +€6,970 | +14.3% |
| Taxes, remuneration and social security | 45 | - | €3,888 | +€3,888 | |
| Remuneration and social security | 454/9 | - | €3,888 | +€3,888 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,763 | €8,013 | +€6,251 | +355% |
| Other operating charges | 640/8 | - | €3,177 | +€3,177 | |
| Gross operating margin | 9900 | - | €37,579 | +€37,579 | |
| Operating profit (loss) | 9901 | -€1,763 | €26,390 | +€28,152 | |
| Financial charges | 65/66B | - | €66 | +€66 | |
| Recurring financial charges | 65 | - | €66 | +€66 | |
| Profit (loss) for the period before taxes | 9903 | -€1,763 | €26,324 | +€28,086 | |
| Profit (loss) for the period | 9904 | -€1,763 | €26,324 | +€28,086 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,763 | €26,324 | +€28,086 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.