Joy Engineering: 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.
Joy Engineering
Largest movements
- Cash -€4,002
down €4,002 (-10.0%), from €40,128 to €36,125
mainly Other debts (-€8,008) and Receivables within one year (-€3,377)
- Receivables within one year +€3,377
up €3,377 (+285.6%), from €1,182 to €4,560
- Deferred charges and accrued income +€505
new in 2024: €505
- Other debts -€8,008
down €8,008 (-45.2%), from €17,715 to €9,707
- Profit (loss) carried forward +€5,091
up €5,091 (+60.4%), from €8,429 to €13,521
- Reserves +€1,930
new in 2024: €1,930
- Trade debts +€1,866
up €1,866 (+105.7%), from €1,766 to €3,631
- Accrued charges and deferred income -€1,000
no longer reported in 2024 (was €1,000)
- Purchases and services -€6,831
down €6,831 (-30.6%), from €22,354 to €15,523
- Turnover -€5,350
down €5,350 (-19.2%), from €27,900 to €22,550
- Gross operating margin +€1,481
up €1,481 (+26.7%), from €5,546 to €7,027
- Taxes +€1,245
new in 2024: €1,245
- Depreciation -€310
no longer reported in 2024 (was €310)
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 | €41,310 | €41,189 | -€121 | -0.3% |
| Current assets | 29/58 | €41,310 | €41,189 | -€121 | -0.3% |
| Amounts receivable within one year | 40/41 | €1,182 | €4,560 | +€3,377 | +285.6% |
| Other amounts receivable | 41 | €1,182 | €4,560 | +€3,377 | +285.6% |
| Cash at bank and in hand | 54/58 | €40,128 | €36,125 | -€4,002 | -10.0% |
| Deferred charges and accrued income | 490/1 | - | €505 | +€505 | |
| Total equity and liabilities | 10/49 | €41,310 | €41,189 | -€121 | -0.3% |
| Equity | 10/15 | €20,829 | €27,851 | +€7,021 | +33.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | - | €1,930 | +€1,930 | |
| Tax-exempt reserves | 132 | - | €1,930 | +€1,930 | |
| Profit (loss) carried forward | 14 | €8,429 | €13,521 | +€5,091 | +60.4% |
| Amounts payable | 17/49 | €20,481 | €13,339 | -€7,142 | -34.9% |
| Amounts payable within one year | 42/48 | €19,481 | €13,339 | -€6,142 | -31.5% |
| Trade debts | 44 | €1,766 | €3,631 | +€1,866 | +105.7% |
| Suppliers | 440/4 | €1,766 | €3,631 | +€1,866 | +105.7% |
| Other amounts payable | 47/48 | €17,715 | €9,707 | -€8,008 | -45.2% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Turnover | 70 | €27,900 | €22,550 | -€5,350 | -19.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €22,354 | €15,523 | -€6,831 | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310 | - | -€310 | |
| Other operating charges | 640/8 | €410 | €527 | +€118 | +28.8% |
| Non-recurring operating charges | 66A | €1,929 | - | -€1,929 | |
| Gross operating margin | 9900 | €5,546 | €7,027 | +€1,481 | +26.7% |
| Operating profit (loss) | 9901 | €2,897 | €6,499 | +€3,602 | +124.3% |
| Financial charges | 65/66B | €163 | €163 | -€0 | -0.1% |
| Recurring financial charges | 65 | €163 | €163 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €2,734 | €6,336 | +€3,602 | +131.7% |
| Income taxes | 67/77 | - | €1,245 | +€1,245 | |
| Profit (loss) for the period | 9904 | €2,734 | €5,091 | +€2,357 | +86.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,734 | €5,091 | +€2,357 | +86.2% |
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 4 October 2026 via checked.be.