JOSEPH - EVERAERT: 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.
JOSEPH - EVERAERT
Largest movements
- Stocks and contracts -€17,914
down €17,914 (-5.9%), from €305,262 to €287,348
- Tangible fixed assets -€16,407
down €16,407 (-54.9%), from €29,866 to €13,458
of which Furniture and vehicles: -€14,669
- Other debts -€29,215
down €29,215 (-17.9%), from €163,545 to €134,330
- Debts after one year -€13,403
down €13,403 (-54.6%), from €24,551 to €11,148
- Trade debts +€9,427
up €9,427 (+10.7%), from €88,348 to €97,775
- Current portion of long-term debt -€5,625
down €5,625 (-29.6%), from €19,028 to €13,403
- Reserves +€4,354
up €4,354 (+79.2%), from €5,494 to €9,848
- Gross operating margin +€1,479
up €1,479 (+4.1%), from €36,134 to €37,613
- Taxes +€446
up €446 (+6.2%), from €7,208 to €7,653
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 | €336,870 | €302,222 | -€34,648 | -10.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €29,866 | €13,458 | -€16,407 | -54.9% |
| Tangible fixed assets | 22/27 | €29,866 | €13,458 | -€16,407 | -54.9% |
| Land and buildings | 22 | €7,180 | €5,442 | -€1,739 | -24.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €22,685 | €8,016 | -€14,669 | -64.7% |
| Current assets | 29/58 | €307,004 | €288,764 | -€18,241 | -5.9% |
| Stocks and contracts in progress | 3 | €305,262 | €287,348 | -€17,914 | -5.9% |
| Stocks | 30/36 | €305,262 | €287,348 | -€17,914 | -5.9% |
| Cash at bank and in hand | 54/58 | €61 | €600 | +€539 | +879% |
| Deferred charges and accrued income | 490/1 | €1,681 | €815 | -€866 | -51.5% |
| Total equity and liabilities | 10/49 | €336,870 | €302,222 | -€34,648 | -10.3% |
| Equity | 10/15 | €25,903 | €30,257 | +€4,354 | +16.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €5,494 | €9,848 | +€4,354 | +79.2% |
| Distributable reserves | 133 | €5,494 | €9,848 | +€4,354 | +79.2% |
| Profit (loss) carried forward | 14 | €1,817 | €1,817 | = | 0.0% |
| Amounts payable | 17/49 | €310,967 | €271,965 | -€39,002 | -12.5% |
| Amounts payable after more than one year | 17 | €24,551 | €11,148 | -€13,403 | -54.6% |
| Financial debts | 170/4 | €24,551 | €11,148 | -€13,403 | -54.6% |
| Amounts payable within one year | 42/48 | €286,416 | €260,817 | -€25,599 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €19,028 | €13,403 | -€5,625 | -29.6% |
| Financial debts | 43 | €7,494 | €4,370 | -€3,125 | -41.7% |
| Credit institutions | 430/8 | €7,494 | €4,370 | -€3,125 | -41.7% |
| Trade debts | 44 | €88,348 | €97,775 | +€9,427 | +10.7% |
| Suppliers | 440/4 | €88,348 | €97,775 | +€9,427 | +10.7% |
| Taxes, remuneration and social security | 45 | €8,000 | €10,938 | +€2,938 | +36.7% |
| Taxes | 450/3 | €8,000 | €10,938 | +€2,938 | +36.7% |
| Other amounts payable | 47/48 | €163,545 | €134,330 | -€29,215 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,276 | €16,426 | +€150 | +0.9% |
| Other operating charges | 640/8 | €4,161 | €4,323 | +€163 | +3.9% |
| Gross operating margin | 9900 | €36,134 | €37,613 | +€1,479 | +4.1% |
| Operating profit (loss) | 9901 | €15,697 | €16,864 | +€1,167 | +7.4% |
| Financial income | 75/76B | - | €37 | +€37 | |
| Recurring financial income | 75 | - | €37 | +€37 | |
| Financial charges | 65/66B | €4,854 | €4,894 | +€39 | +0.8% |
| Recurring financial charges | 65 | €4,854 | €4,894 | +€39 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €10,843 | €12,007 | +€1,164 | +10.7% |
| Income taxes | 67/77 | €7,208 | €7,653 | +€446 | +6.2% |
| Profit (loss) for the period | 9904 | €3,635 | €4,354 | +€719 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,635 | €4,354 | +€719 | +19.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.