JOURNEASE: 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.
JOURNEASE
Largest movements
- Cash +€50,273
up €50,273 (+244%), from €20,583 to €70,856
mainly Net result for the year (+€36,974) and Receivables within one year (+€12,327)
- Receivables within one year -€12,327
down €12,327 (-45.5%), from €27,110 to €14,783
of which Trade receivables: -€12,357
- Tangible fixed assets -€1,537
down €1,537 (-27.1%), from €5,667 to €4,130
- Reserves +€36,974
up €36,974 (+116%), from €31,945 to €68,919
- Tax, wage and social debts -€1,711
down €1,711 (-10.6%), from €16,073 to €14,362
- Trade debts +€1,284
up €1,284 (+418%), from €307 to €1,591
- Gross operating margin +€17,498
up €17,498 (+52.5%), from €33,341 to €50,839
- Taxes +€3,457
up €3,457 (+50.7%), from €6,815 to €10,272
- Depreciation +€1,523
up €1,523 (+10,974%), from €14 to €1,537
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 | €53,360 | €89,769 | +€36,409 | +68.2% |
| Fixed assets | 21/28 | €5,667 | €4,130 | -€1,537 | -27.1% |
| Tangible fixed assets | 22/27 | €5,667 | €4,130 | -€1,537 | -27.1% |
| Furniture and vehicles | 24 | €5,667 | €4,130 | -€1,537 | -27.1% |
| Current assets | 29/58 | €47,693 | €85,639 | +€37,946 | +79.6% |
| Amounts receivable within one year | 40/41 | €27,110 | €14,783 | -€12,327 | -45.5% |
| Trade receivables | 40 | €27,110 | €14,753 | -€12,357 | -45.6% |
| Other amounts receivable | 41 | - | €30 | +€30 | |
| Cash at bank and in hand | 54/58 | €20,583 | €70,856 | +€50,273 | +244% |
| Total equity and liabilities | 10/49 | €53,360 | €89,769 | +€36,409 | +68.2% |
| Equity | 10/15 | €35,945 | €72,919 | +€36,974 | +103% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €31,945 | €68,919 | +€36,974 | +116% |
| Distributable reserves | 133 | €31,945 | €68,919 | +€36,974 | +116% |
| Amounts payable | 17/49 | €17,415 | €16,850 | -€565 | -3.2% |
| Amounts payable within one year | 42/48 | €17,415 | €16,850 | -€565 | -3.2% |
| Trade debts | 44 | €307 | €1,591 | +€1,284 | +418% |
| Suppliers | 440/4 | €307 | €1,591 | +€1,284 | +418% |
| Taxes, remuneration and social security | 45 | €16,073 | €14,362 | -€1,711 | -10.6% |
| Taxes | 450/3 | €16,073 | €14,362 | -€1,711 | -10.6% |
| Other amounts payable | 47/48 | €1,035 | €896 | -€139 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14 | €1,537 | +€1,523 | +10,974% |
| Other operating charges | 640/8 | €24 | €31 | +€8 | +31.6% |
| Gross operating margin | 9900 | €33,341 | €50,839 | +€17,498 | +52.5% |
| Operating profit (loss) | 9901 | €33,303 | €49,270 | +€15,967 | +47.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €2,260 | €2,027 | -€233 | -10.3% |
| Recurring financial charges | 65 | €2,260 | €2,027 | -€233 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €31,043 | €47,246 | +€16,203 | +52.2% |
| Income taxes | 67/77 | €6,815 | €10,272 | +€3,457 | +50.7% |
| Profit (loss) for the period | 9904 | €24,228 | €36,974 | +€12,746 | +52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,228 | €36,974 | +€12,746 | +52.6% |
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 20 October 2026 via checked.be.